Top End Energy Limited · ASX:TEE
Top End Energy — Investor Presentation (May 2023)
23 slides from Top End Energy's investor presentation, May 15, 2023
Slide 1: Leading Australia into a Low-Carbon Energy Future
For personal use only LEADING AUSTRALIA INTO A LOW-CARBON ENERGY FUTURE CORPORATE PRESENTATION MAY 2023
Slide 2: Disclaimer
DISCLAIMER This presentation is for the sole purpose of preliminary background information to enable recipients to review the business activities of Top End Energy Limited (Australian Company Number 650 478 774) (the Company). For personal use only This presentation is not a prospectus and does not
Slide 3: Investment Highlights
INVESTMENT HIGHLIGHTS For personal use only 1. EXTENSIVE ONSHORE AUSTRALIAN ACREAGE POSITION INTERESTS IN 170,00KM2 OF HIGH-IMPACT EXPLORATION POTENTIAL 2. THREE INDEPENDENT BASIN MARGIN ZONE FOCUS AREAS STRATEGICALLY POSITIONED IN PROVEN YET UNDER-EXPLORED REGIONS 3. NATURAL GAS, HELIUM AND HYDROGE
Slide 4: Innovative Onshore Gas Exploration and Development Company
INNOVATIVE ONSHORE GAS EXPLORATION AND 2 DEVELOPMENT COMPANY For personal use only 3 1 UNLOCKING CRITICAL PRODUCTS TO DRIVE THE ENERGY TRANSITION 1. ADAVALE BASIN Proven producing region with material conventional gas prospect identified He H 2. MCARTHUR BASIN One of Australia’s most active gas expl
Slide 5: Dynamic Corporate Strategy
DYNAMIC CORPORATE STRATEGY For personal use only INNOVATE EXPLORE GROW EXISTING, INDEPENDENT STRATEGIC, HIGH POTENTIAL HIGH-IMPACT OPPORTUNISTIC ASSET BASE DRILLING EVENTS M&A Apply leading-edge Identify and Take advantage of strategic technology to identify and commercialise critical opportunities
Slide 6: Large, Prospective Australian Acreage Position
LARGE, PROSPECTIVE AUSTRALIAN ACREAGE POSITION • Extensive onshore interests covering ~170,000km2 For personal use only total acreage1 • Three technically independent high-graded focus areas targeting exciting basin margin potential 2 • Strategically positioned in proven but under- explored hydrocar
Slide 7: 1. Adavale Basin Zone
1. ADAVALE BASIN ZONE MATERIAL CONVENTIONAL GAS PROSPECTIVITY IN UNDER-EXPLORED BASIN For personal use only • ATP 1069 permit covering approximately 1,048km2 situated 130km NW of Charleville in Central Queensland • Situated approximately 75km east of the conventional Gilmore gas field, close to exis
Slide 8: Near-Term Activity to Mature Material Conventional Gas Prospect
1. ADAVALE BASIN ZONE NEAR-TERM ACTIVITY TO MATURE MATERIAL CONVENTIONAL GAS PROSPECT For personal use only Terrex appointed to acquire approximately 120 line km of infill 2D seismic - designed to reduce subsurface geological risk Assess likely distribution and quality of hydrocarbon reservoirs and
Slide 9: 2. McArthur Basin Zone: One of Australia's Most Active Gas Exploration Regions
2. MCARTHUR BASIN ZONE ONE OF AUSTRALIA’S MOST ACTIVE GAS EXPLORATION REGIONS E&P COMPANIES IN THE For personal use only • The McArthur Basin hosts multiple discovered resource plays MCARTHUR BASIN including the highly prospective Beetaloo sub-basin • One of the largest shale gas deposits globally a
Slide 10: Prioritised Permits on the Margin of the Greater McArthur Basin
2. MCARTHUR BASIN ZONE PRIORITISED PERMITS ON THE MARGIN OF THE GREATER MCARTHUR BASIN For personal use only • Potential wet gas window on shallower basin margin around the Beetaloo sub-basin • Targeting extension of Beetaloo Kyalla and Velkerri shale Gas Pipeline formations MCARTHUR • Additional po
Slide 11: Exploration Activities Targeting Near-Term Drilling on Key Acreage
2. MCARTHUR BASIN ZONE EXPLORATION ACTIVITIES TARGETING NEAR-TERM DRILLING ON KEY ACREAGE For personal use only De-risking key acreage position with near-term focus AIRBORNE GRAVITY EP GRADIOMETRY SURVEY PARTNER 258 on EP 258 - exploration agreement with Native Title holders in-place and formal gran
Slide 12: 3. Amadeus Basin Zone
3. AMADEUS BASIN ZONE UNTESTED AND HISTORICALLY OVERLOOKED MARGIN EXTENSION For personal use only • Amadeus Basin is the NT’s flagship onshore producing oil and gas basin also hosting some of the largest undeveloped natural hydrogen and helium resource potential in the world • Basin margins of the A
Slide 13: Strategic Basin Margin Acreage Targeting Multiple Gas Products
3. AMADEUS BASIN ZONE STRATEGIC BASIN MARGIN ACREAGE TARGETING MULTIPLE GAS PRODUCTS For personal use only • Area L22-6 (100% TEE, 6,300km2) recently secured, complimenting existing and immediately adjacent Northern NORTHERN TERRITORY Territory Amadeus Basin portfolio • Expected to contain the untes
Slide 14: Continued Strong Natural Gas Demand
CONTINUED STRONG NATURAL GAS DEMAND A CRITICAL PART OF THE CLEAN ENERGY TRANSITION Supply gap For personal use only GLOBAL OUTLOOK FOR NATURAL GAS (bcm)1 • Natural gas is a low cost, high density energy Historical production/consumption source globally recognised as a key part of the New Momentum sc
Slide 15: Structurally Short East-Coast Gas Market
STRUCTURALLY SHORT EAST-COAST GAS MARKET COMBINED WITH LONG-TERM GLOBAL LNG UNDERSUPPLY For personal use only AUSTRALIAN EAST COAST OUTLOOK (PJ/annum)1 2,000 “ Along with our world-class renewable resources, our highly prospective onshore gas resources will support our energy security during the tra
Slide 16: Natural Hydrogen and Helium Potential
NATURAL HYDROGEN AND HELIUM POTENTIAL HYDROGEN STUDY IDENTIFIES HIGHLY PROSPECTIVE PLAY FAIRWAYS For personal use only • The Greater McArthur Basin margin is considered highly prospective for natural (Gold) Hydrogen • Evidence of natural Hydrogen identified from internal play fairway mapping and ope
Slide 17: Natural Hydrogen for a Clean Energy Future
NATURAL HYDROGEN FOR A CLEAN ENERGY FUTURE MAJOR EMERGING FUEL SOURCE TO SUPPORT THE ENERGY TRANSITION For personal use only GLOBAL HYDROGEN DEMAND BY SECTOR (Mt)1 H 527 Investments in Demand 31 Hydrogen could reach of >500Mtpa expected in a 102 US$280 billion by NATURAL HYDROGEN net zero emissions
Slide 18: High Value Helium Gas
HIGH VALUE HELIUM GAS ESSENTIAL FOR CURRENT AND FUTURE TECHNOLOGIES For personal use only FORECAST SUPPLY BY COUNTRY 2025 (%) Estimated He 8% 1% 2% US and Canada Qatar US$5 billion market Russia 26% 36% Algeria Poland enabling US$ trillions in HELIUM South Africa economic activity GAS 27% Supply con
Slide 19: Highly Driven Leadership Team
HIGHLY DRIVEN LEADERSHIP TEAM DEEP GAS EXPLORATION, DEVELOPMENT AND MARKET EXPERTISE For personal use only EMMANUEL OLIVER DR MIKE GREG RICHARD MARSHALL CORREIA OXENBRIDGE FISCHER LEE LAMPE HOOD MANAGING NON-EXECUTIVE TECHNICAL NON-EXECUTIVE EXPLORATION CHAIR DIRECTOR DIRECTOR DIRECTOR DIRECTOR MANA
Slide 20: Demonstrated Track Record of Progress
DEMONSTRATED TRACK RECORD OF PROGRESS DELIVERING ON IPO COMMITMENTS IN FIRST 12 MONTHS SINCE LISTING For personal use only ADAVALE KEY EXPLORATION PROSPECTIVE TERREX TO NATIVE TITLE BASIN WORK APPOINTMENTS AGREEMENT TERMS RESOURCE ACQUIRE 2D HOLDER COMMENCES Dr Mike Fischer joins Board NEGOTIATED AN
Slide 21: Clear Advancement Pathway
CLEAR ADVANCEMENT PATHWAY COMMITTED WORK PROGRAM TO MATURE KEY FOCUS AREAS TO DRILLING For personal use only Key activity Q2 2023 Q3 2023 Q4 2023 Q1 2024 1 2D seismic acquisition and interpretation 1 Coolibah drilling decision 1 Potential ATP 1069 farm-down Formal grant of 2 EP 258 Falcon gravity gr
Slide 22: Corporate Snapshot
CORPORATE SNAPSHOT TIGHT REGISTER, SUPPORTIVE MAJOR SHAREHOLDERS For personal use only Capital structure Register detail3 Share price1 A$0.19/share TOP 20 NT asset vendor Shares on issue 69.6M 39% 37% 61% Board and management 60% Market capitalisation (undiluted)1 A$13.2M Other Top 20 3% Cash2 A$4.0
Slide 23: Enquiries
For personal use only Enquiries info@topendenergy.com.au