Slide 1: Elixir Petroleum – Transformational Acquisitions
Elixir Petroleum – Transformational Acquisitions For personal use only High impact exploration opportunities in Mongolia and Alaska (ASX:EXR) Perth, Australia September 2018
Slide 2: Important Notice & Disclaimer
Important Notice & Disclaimer For personal use only This document has been prepared by Elixir Petroleum Limited (ABN 51 108 230 995) (“Elixir”) in connection with providing an overview of its business to interested analysts/investors. This presentation is being provided for the sole purpose of provi
Slide 3: Elixir Investment Highlights
Elixir Investment Highlights For personal use only Two high impact exploration projects secured under exclusive options Firm commitments received for capital raise of $1.6M, providing cash of approximately $4M Established in 2011, Golden Horde (GOH) is a pure Mongolian CBM gas play being acqui
Slide 4: Mongolian Acquisition – Project Khiimori
Mongolian Acquisition – Project Khiimori For personal use only Exclusive option to acquire Golden Horde Limited (GOH) signed in October 2017 Consideration of 79 million Elixir shares Field visit undertaken in May 2018 Meetings with government officials and Prime Minister progressed award pro
Slide 5: Project Khiimori - Key Facts
Project Khiimori - Key Facts For personal use only Large 7 million acre project area – 100% ownership World class producing thermal coal deposits within project area in South Gobi Basin Close to border of world’s 3rd largest gas user in Northern China First unconventional CBM PSC to be issue
Slide 6: Project Khiimori – Key Facts (cont.)
Project Khiimori – Key Facts (cont.) For personal use only World class producing thermal coal deposit within project area (South Gobi basin) Large 7 million acre project area – 100% ownership Nearby infrastructure with Rio Tinto’s OT mine China/Mongolia border Technical studies indicate South Gobi
Slide 7: Building Technical Database and Local Expertise
Building Technical Database and Local Expertise For personal use only Outcropping Permian aged coal seams Nomgon IX PSC NB: Schematic X-section with significant Vertical exaggeration Field mapping currently ongoing with qualified local expertise and western expatriates familiar with coal explorati
Slide 8: Project Khiimori Technical Work Programme
Project Khiimori Technical Work Programme For personal use only PSC Field 2D Seismic 2019 Drilling Signing Mapping Acquisition* Campaign (2 wells)* Q3 2018 Q4 2018 Q1 2019 Q2 2019 Q3 2019 Q4 2019 Gravity Prospective Seismic Processing Gas Desorption Reprocessing Resource Certification and Interpreta
Slide 9: Key Technical Components for CBM
Key Technical Components for CBM For personal use only Leveraging Australian CBM expertise in the Mongolian setting 9
Slide 10: Alaskan Acquisition – Project Peregrine
Alaskan Acquisition – Project Peregrine For personal use only Exclusive option to acquire 100% working interest in 35,423 acres Acreage within the National Petroleum Reserve of Alaska (NPRA) and within 75kms of multi billion dollar investment by Conoco Phillips at its Willow oil discovery Cons
Slide 11: Project Peregrine – Key Facts
Project Peregrine – Key Facts For personal use only Existing 2D seismic data set being interpreted Initial project area covers 35,423 acres and is covered by regional 2D seismic grid Opportunity exists to compare data over Project Peregrine to more recent discoveries and look Elixir lease for
Slide 12: Two New Opportunities of Material Size
Two New Opportunities of Material Size For personal use only Project Khiimori Project Peregrine (Mythical Wind Horse) (North Slope Bird of Prey) Asian gas leverage Conventional oil leverage 7,000,000 acres (~28,000km2) 35,400 acres (~140km2) 100% Working Interest 100% Working Interest
Slide 13: Pro Forma Capital Structure
Elixir Petroleum Limited (ASX:EXR) Pro Forma Capital Structure For personal use only Current (post Placement) Post Acquisitions (GOH and Alaska) Current (million) Current (million) Ordinary Shares (ASX:EXR) 254.4 Ordinary Shares (ASX:EXR) 333.4 Unlisted Options (ex 4.0 – 4.5 cents) 11.0 Unlisted Opt
Slide 14: Elixir Investment Highlights
Elixir Investment Highlights For personal use only Two high impact exploration projects secured under exclusive options Firm commitments received for capital raise of $1.6M, providing cash of approximately $4M Established in 2011, Golden Horde (GOH) is a pure Mongolian CBM gas play being acqui
Slide 15: Contact Information
Contact Information For personal use only Dougal Ferguson Managing Director +61 (08) 9226 2111 dferguson@elixirpetroleum.com www.elixirpetroleum.com 15