Tlou Energy Ltd · ASX:TOU
Tlou Energy — Shareholder Meeting (October 2018)
21 slides from Tlou Energy's shareholder meeting presentation, Oct 17, 2018
Slide 1: Investor Presentation Annual General Meeting
For personal use only Investor Presentation Annual General Meeting 17 October 2018 www.tlouenergy.com 0
Slide 2: Disclaimer
1 Disclaimer This presentation (Presentation) has been prepared by Tlou Energy Limited (Tlou). The Presentation and information contained in it is being provided to shareholders and investors for information purposes only. The information For personal use only contained in this disclaimer does not c
Slide 3: Company Information
2 Company Information For personal use only Tlou Energy is an onshore gas exploration and power generation company with operations located in Botswana. The Company aims to produce gas-fired electricity for sale into the regional power market in Botswana and Southern Africa. STOCK MARKETS ASX / AIM /
Slide 4: Board
3 Board For personal use only Martin McIver • 20 years experience in finance and Gabaake • Geologist, former Botswana Permanent Chairman mining services Gabaake Secretary at Ministry of Minerals • Currently CFO of the WorkPac group Executive Energy & Water Director • Former Director of Debswana, De
Slide 5: Tlou Energy
4 Tlou Energy For personal use only Gas-to-power Reserves and Ideal location in Huge market developer Resources Botswana Clean natural •Safe, low risk •Significant local • Large gas asset CBM gas country power shortage •Stable, •CBM can replace 8,300 km2 project •Independently supportive diesel and
Slide 6: What does Tlou Energy do?
5 What does Tlou Energy do? For personal use only The Company extracts CBM natural gas from coal, using horizontal drilling techniques. This CBM gas can then be used for electricity generation. Tlou’s CBM extraction method Dual Lateral Pods, each comprising one vertical and two horizontal wells
Slide 7: Generating power from CBM in Botswana
… generating power from CBM in Botswana For personal use only 6 www.tlouenergy.com
Slide 8: Where is the project?
7 Where is the project? For personal use only Botswana - The leading economy in Sub-Saharan Africa Ideal investment destination Stable, democratic government No foreign exchange controls One of the worlds largest diamond producers Growing economy No “BE” or ownership restrictions Excellent credit ra
Slide 9: How Have We Got Here?
8 How Have We Got Here? For personal use only 2012 2014 2016 2018 First Contingent First Gas Upstream Significant Increase in Gas Resources Environment Gas Reserves and approval Contingent Resources First Gas Reserves 2009 2013 2015 2017 Botswana ASX Listing Increased First gas fired power operation
Slide 10: Botswana Project Map
9 Botswana Project Map For personal use only www.tlouenergy.com
Slide 11: Initial Development Plan
10 Initial Development Plan For personal use only Develop up to 10 MW of power: Targets first revenue while minimising initial capex requirement Sufficient gas reserves already in place Achieves grid connection and facilitates simple expansion Readily able to integrate solar generation S
Slide 12: Project Benefits
11 Project Benefits Creating employment in For Investors For personal use only Botswana since 2009 Leading CBM project in the region Significantly de-risked Enormous potential upside as the project moves into development and generates first revenue Much larger projects planned post the ini
Slide 13: Reserves & Contingent Resources
12 Reserves & Contingent Resources For personal use only Independent Gas Reserves Certification Technical Fundamentals (1) 0.35 40.8 426.6 Coal Depth ~350-800m BCF BCF BCF Gas Contents (Average) ~6 m3/t (DAF) (1P) (2P) (3P) Gas compositions ~85% methane (1) (2) Gas Reserves Gas Contingent Resources
Slide 14: Gas Reserves Summary
13 Gas Reserves Summary For personal use only Sufficient Reserves already in place for initial project development Further Reserves and Resources in place for significant expansion 2P Gas Reserves in place: 3P Gas Reserves in place: 3C Contingent Resources ~41 BCF ~427 BCF ~3,043 BCF • a 10 MW p
Slide 15: Field operations: Lesedi CBM Project, Botswana
Field operations Lesedi CBM Project, Botswana For personal use only 14 www.tlouenergy.com
Slide 16: Other Workstreams
15 Other Workstreams For personal use only Response to Government 100MW tender submitted on 11 Oct 2018 Offtake CNG / mini-LNG project being assessed Agreements Use of gas for fertiliser/ammonia production being assessed EIA for downstream development on track for completion in 2019 Licences and Gen
Slide 17: Pilot well drilling program
16 Pilot well drilling program For personal use only Dual lateral pods Located in an area identified for initial project development Location selection based on recently acquired seismic and core-hole data Subject to results, wells could provide sufficient gas for the initial power generation projec
Slide 18: Corporate Social Responsibility
17 Corporate Social Responsibility For personal use only Tlou Energy is committed to supporting individuals and organisations locally and nationally in Botswana. Shoshong Constituency Foundation Trust (SCFT) • SCFT aims to bring local investment and jobs to the constituency • Lesedi project located
Slide 19: Environmental Impact Statement (EIS)
18 Environmental Impact Statement (EIS) For personal use only Field Development EIS approved Project to create Only CBM Gas local direct and EIS approved in indirect Botswana employment EIS involved Project will have extensive minimal impact engagement on agricultural with local land population Powe
Slide 20: Investment Case
19 Investment Case For personal use only Independently Certified Gas Reserves & Contingent Resources Huge electricity Supportive Low cost Significant Mining licence market government drilling CBM experience granted Aiming to provide power for Botswana and Southern Africa www.tlouenergy.com
Slide 21: For personal use only
For personal use only Australia Botswana 210 Alice St Ground Floor, Victoria House Brisbane 132 Independence Avenue QLD 4000 Gaborone +61 7 3012 9793 +267 316 0857 info@tlouenergy.com ASX: TOU AIM: TLOU BSE: TLOU