Pilot Energy Limited · ASX:PGY
Pilot Energy — Midwest Major Projects Update Conference 2021
23 slides from Pilot Energy's conference presentation, Sep 16, 2021
Slide 1: Transitioning to Clean Energy for the Mid West
For personal use only Transitioning to Clean Energy for the Mid West Midwest Major Projects Update Conference September 2021 PILOT ENERGY LIMITED ASX:PGY
Slide 2: Compliance Statements
Compliance Statements For personal use only Disclaimer Competent Persons Statement This investor presentation has been prepared by Pilot Energy Limited ABN 86 115 229 984 (Pilot or the Company). This announcement contains information on conventional petroleum resources which is based on and fairly r
Slide 3: Pilot Energy – Diversified Energy Company
Pilot Energy – Diversified Energy Company Leading the Transition to Clean Energy For personal use only Leveraging existing traditional oil and gas assets along with established infrastructure to develop competitive clean Western energy projects Blue hydrogen Australia & renewable projects N Existing
Slide 4: Company Highlights
Company Highlights For personal use only Material holdings with recognised Ownership of key energy licenses Leveraging existing oil & gas assets world-class natural resources (oil & & infrastructure secured with JV into potential world-class competitive gas, blue hydrogen and renewables) in alignmen
Slide 5: Pilot at a Glance
Pilot at a Glance For personal use only ASX Code: PGY Capital Structure • Issued shares 501.6 million • PGY share price @ 14 Sept 2021 $0.06 • Market Capitalisation ~$30 million Western Oil & Gas Reserves & Resources (Existing) Renewables (feasibility) • Mid West Renewables & Australia • Proved & Pr
Slide 6: Strategy and Opportunity
Strategy and Opportunity Existing infrastructure, abundant renewable and gas resources and ability to provide carbon management are Pilot’s key enablers for the production of competitive clean energy and hydrogen For personal use only Convergence Wind Offshore Petroleum Permits Mid West World-class
Slide 7: The Energy Transition is Accelerating − Recent Events
The Energy Transition is Accelerating − Recent Events For personal use only 7 Investor Presentation | September 2021
Slide 8: Pilot Energy's Development Plan
Pilot Energy’s Development Plan For personal use only Pilot has a clear clean energy development plan and has commenced feasibility studies Global expertise secured to conduct preliminary feasibility studies Based on feasibility results, Pilot will leverage existing assets to develop world class cle
Slide 9: Necessary Steps in Making the Transition to Clean Energy
Necessary Steps in Making the Transition to Clean Energy To make the transition to focussing on clean energy Pilot has specific ASX undertakings* For personal use only In relation to the Mid West Wind & Solar Project, while undertaking the feasibility study Pilot is required to: • Continue to spend
Slide 10: The Case for Renewables
The Case for Renewables Technology has dramatically reduced solar & wind power Mid West Region - one of the world’s best renewable costs in last decade below fossil fuel alternatives energy jurisdictions For personal use only Global weighted average levelized cost of electricity from utility-scale r
Slide 11: Mid West Renewable Resource Zone – All the Right Stuff
Mid West Renewable Resource Zone – All the Right Stuff For personal use only Premium Renewable Established Clear Hydrogen Resource Precinct Infrastructure Development Pathway Renewable resources – Coastal Mid West is Grid connected – Served by Western Power’s Blue hydrogen – Combination of existing
Slide 12: Integrating Infrastructure, Renewables and Carbon Management
Integrating Infrastructure, Renewables and Carbon Management to Deliver Competitive Clean Energy For personal use only Mid-West Region has multiple potential offshore wind development sites • Cliff Head facilities provide potential anchor point for offshore wind farm • Cliff Head Oil Field/Infrastru
Slide 13: Multiple Commercialisation Pathways
Multiple Commercialisation Pathways For personal use only Electricity to WA grid WEM1 Electricity for Domestic Perth Hydrogen Mid West Domestic Hydrogen/Electricity Mid West for Green Steel Domestic Hydrogen for Perth Green Chemicals Mid West CO2 from Hydrogen to CCUS Cliff Head Electrons for Export
Slide 14: The Beatrice Offshore Wind Farm
The Beatrice Offshore Wind Farm A case study for Cliff Head Wind Project For personal use only From offshore wind farm demonstrator project to Scotland’s largest operational wind farm • 1980 - Beatrice Oil Field started production producing about 8,000 BOPD Located 13 km offshore in x metre water de
Slide 15: Cliff Head Offshore Wind Demonstrator Project
Cliff Head Offshore Wind “Demonstrator” Project Following completion of feasibility studies development concept for Cliff Head Oil Field demonstrator wind farm project For personal use only • Conceptual “demonstrator” wind farm development at Cliff Head Oil Field • Based on successful Beatrice Demon
Slide 16: Mid West Solar Project – Bringing Wind & Solar together
Mid West Solar Project – Bringing Wind & Solar together Onshore operational footprint also provides opportunity for integrated wind and solar development For personal use only Conceptual Development – Subject to Feasibility Study Completion, JV and Regulatory Approvals and ASX Re-compliance Onshore
Slide 17: Mid West Wind and Solar Feasibility Study
Mid West Wind and Solar Feasibility Study For personal use only Preliminary feasibility study objective: Genesis and Technip Energies, Lautec and Green Fuel Development engaged to assess the feasibility of developing and commercialising the Mid West region’s world class renewable energy resources an
Slide 18: A Clear Pathway to Low Cost Hydrogen
A Clear Pathway to Low Cost Hydrogen Mid West Hydrogen & South West Hydrogen Projects are uniquely positioned for both blue and green hydrogen For personal use only Low-cost industrial scale renewable energy – wind & solar 2025 2030 Blue Hydrogen Green Hydrogen Readily available natural gas feedstoc
Slide 19: The Case for Low Cost Hydrogen
The Case for Low Cost Hydrogen For personal use only Costs of Producing Hydrogen from Renewables and Fossil Fuels Today (Levelized Cost of Hydrogen) 8 7 6 5 LCOH (USD/kg) 4 3 Pilot focus 2 1 0 Average Cost Average Cost Wind Low Cost Low Cost SMR Natural Coal Coal Best Case Wind SMR Natural Gas Solar
Slide 20: Blue Hydrogen and CCS Feasibility Study
Blue Hydrogen and CCS Feasibility Study Internationally recognised consultants engaged For personal use only Mid West Blu Hydrogen & CCS feasibility study: Genesis and Technip Energies, and RISC engaged to assess the feasibility of developing and commercialising the Mid West Blue Hydrogen project wh
Slide 21: Energy Transition Development Strategy
Energy Transition Development Strategy For personal use only CY2020 – June 21 CY2021 CY2022 CY2023 Utilizing Existing Leverage Existing Feasibility to Permitting to Large Range of Pilot Footprint Knowledge Base Permitting Partnering Potential Partners Progress project Pilot database is the Once prel
Slide 22: Pilot's Competitive Advantage
Pilot’s Competitive Advantage For personal use only Material holdings with recognised Ownership in key energy licenses & Leveraging existing oil & gas assets world-class natural resources (oil & infrastructure into potential world-class competitive gas, blue hydrogen and renewables) clean energy pro
Slide 23: Contact Details
For personal use only Contact Details Pilot Energy Limited Level 1, 85 Elizabeth Street Paddington, NSW 2021 www.pilotenergy.com.au Midwest Major Projects Update Conference Brad Lingo Tony Strasser Nick Watson Chairman Managing Director Head of Renewables& Commercial blingo@pilotenergy.com.au tstras
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