Galilee Energy Limited · ASX:GLL
Galilee Energy — Noosa Mining Conference 2022
18 slides from Galilee Energy's conference presentation, Nov 10, 2022
Slide 1: Noosa Mining Conference Presentation
For personal use only Noosa Mining Conference Presentation David Casey Managing Director & CEO 9-11 November 2022 ASX: GLL
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer Not an Offer or Financial Product Advice For personal use only This Presentation is provided for information purposes only and is not a disclosure document as defined under the Any forward‐looking statements, opinions and estimates provided in this Presentation necess
Slide 3: Corporate Snapshot
Corporate Snapshot Corporate structure (ASX: GLL) Share Price & Volume For personal use only as at 9th November 2022 12 months 339m $0.28 Shares on issue Share price (@ 9th Nov 2022) $95m $9.7m Market Cap Cash (30 Sep 2022) No debt Board & Management Ray Shorrocks | Non-Executive Chairman David Case
Slide 4: The Prize…
For personal use only The Prize… Building a multi-TCF fully integrated energy company | 4
Slide 5: Investment Highlights
Investment Highlights The size of the prize, its location and gas market thematics make GLL a compelling investment opportunity For personal use only Pathway to Multi- Significant Structural TCF Gas Massive Tailwinds Number of Upside New Experienced Development Resource Opportunities Management Team
Slide 6: The History…
For personal use only The History… A long, well travelled road | 6
Slide 7: Background
Background Capitalising on over $100m of previous exploration For personal use only & appraisal expenditure at Glenaras • 3 multi-well production pilots • Rodney Creek vertical 5-spot; • Over 700km of 2D seismic • Glenaras vertical 5-spot; • Fully reprocessed to contemporary seismic quality standard
Slide 8: Glenaras Pilot
Glenaras Pilot For personal use only Glenaras Pilot Field …and the end result is the largest pilot of its type targeting one of the largest uncontracted gas resources on the east coast 8
Slide 9: Production History
Production History The Challenge Glenaras is on the cusp of significant critical desorption • Impact of water inflow from previously unknown southern fault conduit had For personal use only significantly delayed pressure drawdown deferring gas production The Solution • Drill six additional wells mid
Slide 10: The Challenge…
For personal use only The The Challenge… Prize… Commercial gas production Building a Multi-TCF Fully while transforming waterCompany Integrated Energy into a value adding profitable commodity | 10
Slide 11: The water conundrum…
The water conundrum… While water production has been and remains a challenge it now represents a valuable commodity in its own right… For personal use only • Produced water is high quality compared to other Qld CSG plays and can be used for irrigation. • All water produced by the Glenaras Pilot is b
Slide 12: The Market…
For personal use only The Market… Gas is the transition fuel of choice | 12
Slide 13: East Coast Gas Supply Challenges…
East Coast Gas Supply Challenges… • ACCC forecast growing supply shortfall through to end 2030. Forecast supply and demand in the southern states, 2023-2033 • For personal use only EnergyQuest term contract gas price outlook to 2030 of ~A$14/GJ to ~A$15.50/GJ. • The international market for gas has
Slide 14: The way forward…
For personal use only The Challenge… The way Prize… forward… Building Commercial Ideally a Multi-TCF gas placed Fullyanywhile to production address future emission Integratedwith transforming challenges Energy water Company into a genuine proactive value adding profitable commodity alternatives | 14
Slide 15: Decarbonisation Pathway…
Decarbonisation Pathway… GLL is ideally placed to transition to and thrive as an integrated and diversified energy company in an ever- increasing carbon constrained economy… For personal use only 15
Slide 16: So why invest in GLL?
For personal use only So why invest in GLL? Galilee Energy is uniquely placed to transform both Australia's energy and agricultural landscapes… | 16
Slide 17: In summary…
In summary… For personal use only Strong leadership and management team that have done it before 100% ownership of the Glenaras Gas Project, the largest uncontracted gas resource on the east coast Programme funded and successfully executed Record water production and gas rates on the cusp of signifi
Slide 18: Thank you…
Thank you… REGISTERED OFFICE For personal use only Level 6, 167 Eagle Street, Brisbane QLD 4000 GPO Box 1944 Phone: +61 7 3177 9970 Email: admin@galilee-energy.com.au Recent workover activities at G22 to install new pump and should be back on line over the weekend 18