Blue Energy Limited · ASX:BLU
Blue Energy — Investor Presentation (September 2021)
17 slides from Blue Energy's investor presentation, Sep 8, 2021
Slide 1: Corporate Presentation September 2021
For personal use only CORPORATE PRESENTATION SEPTEMBER 2021
Slide 2: Legals: Disclaimer and Competent Person Statement
LEGALS For personal use only Disclaimer Competent Person Statement This presentation may contain forward looking statements that are subject to risk The estimates of Reserves and Contingent Resources have been provided by Mr John factors associated with the gas and energy industry. It is believed th
Slide 3: Overview
OVERVIEW For personal use only Metrics 12 month Share Price Performance Cash (30/6/21) $1.95 million 0.12 200 0.1 150 Debt Nil 0.08 0.06 100 Shares on Issue 1,326,952,755 0.04 50 0.02 Market Cap (7/9/21) ~$82 million 0 0 Apr-21 Sep-20 Oct-20 Nov-20 Dec-20 Aug-21 Jan-21 Jun-21 May-21 Mar-21 Feb-21 Ju
Slide 4: Directors with Deep Experience
DIRECTORS WITH DEEP EXPERIENCE For personal use only John Ellice-Flint BSc (Hons) Harvard, AMP John Phillips Bsc (Hons), GAICD Executive Chairman Managing Director • Geologist by training • Geologist by training • 45 years global oil and gas industry experience • 35 Years oil and gas experience in o
Slide 5: Strategy
STRATEGY For personal use only • Blue Energy (BLU) has a vision to become Australia’s next east coast domestic gas supplier from its 100% owned acreage across three key basins • BLU has a large asset base (4,000+PJ) with executed gas supply agreements for ~500+ PJ of long term gas supply with key re
Slide 6: Assets in the Key Gas Basins
ASSETS IN THE 3 KEY GAS BASINS For personal use only Bowen Basin Galilee Basin Beetaloo Basin NATURAL GAS - RELIABLE, DISPATCHABLE, SUSTAINABLE, ESSENTIAL 6
Slide 7: Overview
OVERVIEW For personal use only The Government is resetting the east coast gas market by creating a more competitive and transparent Australian Gas Hub and: • unlocking new gas supply starting with 3 key basins, • delivering an efficient pipeline and transportation network; and • empowering gas custo
Slide 8: Blue Taking Charge of Its Destiny
BLUE TAKING CHARGE OF ITS DESTINY For personal use only Gas Producer Gas Sale Agreement / Term Sheet Gas End-User GSA de-risks project for pipeliner Abundant Capital exists to fund infrastructure projects (both Private & Public) Pipeline Builder & Owner Public or Private NATURAL GAS - RELIABLE, DISP
Slide 9: Monetisation Path Is Clear
MONETISATION PATH IS CLEAR For personal use only Gas offtake agreements for Bowen Basin underpin southern pipeline construction BLU’s achievements • Origin Energy and Blue ✓ Heads of Agreements for 300 PJ of gas over 10 years at Wallumbilla • Energy Australia and Blue ✓ Heads of Agreement for 100 PJ
Slide 10: Blue's Gas Will Underpin New Gas Infrastructure
BLUE’S GAS WILL UNDERPIN NEW GAS INFRASTRUCTURE For personal use only • 400 PJ of new Blue gas supply into Wallumbilla – underpins a new nation building gas pipeline • Blue’s gas supports a 20” open access pipeline but needs capability of taking the full Bowen Basin volume over time – ie up to 15,00
Slide 11: Blue's Bowen Gas – Long Term & Reliable Supply
BLUE’S BOWEN GAS – LONG TERM & RELIABLE SUPPLY For personal use only PL 1045 gas to Townsville North Bowen has ~15,000 PJ gas resource – NSAI 30 years east coast domestic gas demand Blue has ~3,000 PJ of the total gas resource – NSAI 8 years of east coast domestic gas demand NATURAL GAS - RELIABLE,
Slide 12: 2024 Supply Gap as Asian LNG Demand Grows 4% pa
2024 SUPPLY GAP AS ASIAN LNG DEMAND GROWS 4%PA For personal use only • LNG Supply - demand gap from 2024 • Asian LNG import growth 4% annually • Capex drought on project FID due to COVID impact Source of Diagrams: Shell LNG Outlook 2021 Feb 2021 NATURAL GAS - RELIABLE, DISPATCHABLE, SUSTAINABLE, ESS
Slide 13: LNG Supply Gap Impacts East Coast Gas Prices
LNG SUPPLY GAP IMPACTS EAST COAST GAS PRICES For personal use only ACCC LNG netback price series – ACCC August 2021 Wallumbilla volume weighted average gas price • East Coast LNG producers supply domgas when price is • Domgas users need to contract long with new gas supply advantageous • Lock in lon
Slide 14: Catalysts
CATALYSTS For personal use only Additional Gas Sales Agreements for north Bowen Gas • So far committed only 17% of Blue’s 3,000 PJ Bowen Gas resource Adjacent drilling activity and production in the North Bowen Basin Federal Government’s Integrated Gas Infrastructure Plan (IGIP) • New nation buildin
Slide 15: Reserves and Resources
RESERVES AND RESOURCES For personal use only 1P 1C Permit Block Date Method Certifier 2P (PJ) 2C (PJ) 3P (PJ) 3C (PJ) (PJ) (PJ) ATP854P Whole Permit 30/06/2012 SPE/PRMS NSAI 0 22 0 47 0 101 ATP813P Whole Permit 29/10/2014 SPE/PRMS NSAI 0 0 0 61 0 830 ATP814P Sapphire 5/12/2015 SPE/PRMS NSAI 0 66 59
Slide 16: Reserves and Resources: Listing Rule Disclosure
RESERVES AND RESOURCES For personal use only Listing Rule 5 Disclosure The estimates of reserves and contingent resources noted throughout this Presentation has been based on and fairly represents information and supporting documentation prepared and provided by Mr John Hattner of Netherland, Sewell
Slide 17: For personal use only
For personal use only