Tmk Energy Limited · ASX:TMK
Tmk Energy — Good Oil Conference 2023
19 slides from Tmk Energy's conference presentation, Sep 8, 2023
Slide 1: Investor Presentation - Responsible Development of Mongolia's Natural Gas Resources
TMK For personal use only SEPTEMBER 2023 TMK ENERGY LIMITED ASX:TMK Focused on the Responsible Development of Mongolia’s Significant Natural Gas Resources Investor Presentation
Slide 2: Disclaimer
Disclaimer TMK This document is for information purposes only. It is not a prospectus, disclosure document or offering document under Australian law or under any other law and does not constitute an offer or invitation to apply for securities. In particular, this document is not an offer of securiti
Slide 3: Highlights: Gurvantes XXXV CSG Project
Highlights: Gurvantes XXXV CSG Project TMK For personal use only LOCATION South Gobi Basin, Mongolia Tenure PSC Exploration License Mongolia TMK Interest 67% Tenement size 8,400km2 China Development stage Exploration and Evaluation <300km from existing gas pipeline Infrastructure network in northern
Slide 4: Investment Highlights
Investment Highlights TMK TMK ENERGY SNAPSHOT Largest Contingent CSG Resource in Mongolia of Clear pathway to commercialisation with farm-in 1,214 BCF (2C) with 100% success rate on maiden For personal use only partner secured, de-risking funding through key drilling campaign comprising seven explor
Slide 5: Corporate Snapshot
Corporate Snapshot TMK TMK Energy Limited Strongly aligned Board & Management, with significant Share Price (5 September 2023) $0.013 For personal use only Mongolian ownership on the TMK register Market Capitalisation $65.4m Shares on Issue (ASX:TMK) 5030.5m • TMK Energy (ASX:TMK) is focused on the
Slide 6: Management Team & Board of Directors
Management Team & Board of Directors With a track record of developing Mongolian projects and extensive capital market and energy experience TMK Dougal Ferguson Tsetsen Zantav Ganzorig Vanchig Brendan Stats For personal use only Chief Commercial Officer & Strategic Advisor to the Board Chief Operati
Slide 7: Significant Milestones & Achievements
Significant Milestones & Achievements Project has been materially de-risked following a staged approach to exploration, drilling & commercialization TMK For personal use only Thick, gassy Well US$6m farmout coal commissioned TMK Commence agreement with Gurvantes intercepted in Seven well Commencemen
Slide 8: Drilling Results
Drilling Results All seven maiden exploration wells show significant CSG prospectivity with 100% success rate TMK COAL RANK QUALITY High Quality Bituminous ✓ Ideal rank and quality for CSG project Very thick coal (thicker than any major For personal use only COAL THICKNESS 60m 91m 60m 175m 40m 40m 5
Slide 9: Maiden Contingent Resource
Maiden Contingent Resource Maiden Resource of 1.2 TCF (2C) is the largest Contingent Natural Gas Resource in Mongolia TMK Maiden resource highlights For personal use only Nariin Sukhait Region Unrisked Gross Contingent Gas Resource (Bcf) Largest CSG Contingent Resource in Mongolia of 1.2 TCF (2C) To
Slide 10: Coal Seam Gas Field Comparison
Coal Seam Gas Field Comparison Gurvantes XXXV represents a world class coal seam gas Project, comparing favourably to existing world leading TMK CSG basins COAL COMPARISON For personal use only GENERAL ASSESSMENT OF CSG PROJECT PARAMETERS & OGIP RESOURCE DENSITY LOW QUALITY HIGH QUALITY 120m LIGNITE
Slide 11: 2023 Newsflow Catalysts
2023 Newsflow Catalysts Clear pathway from exploration to pilot production at Gurvantes XXXV with several near-term milestones TMK CY23 For personal use only STRATEGIC FOCUS ACTIVITY Q1 Q2 Q3 Q4 2023 PILOT WELL PROGRAM Major Drilling Engaged for Pilot Well Program a) Flow gas to surface Pilot Well P
Slide 12: Pilot Well Program
Pilot Well Program All three pilot wells drilled on time and under budget TMK PRODUCTION WELL LF-1 LF-2 LF-3 For personal use only TOTAL DEPTH 375m 407m 515m NET COAL THICKNESS 61m 62m 68m DATE DRILLED April 2023 May 2023 May 2023 PRODUCTION INTERVAL DEPTH 184m – 314m 245m – 393m 316m – 470m PILOT W
Slide 13: Pilot Well Program
Pilot Well Program All three pilot wells drilled on time and under budget TMK Lucky Fox-1 Pilot Well Flaring Good Water De-pressurising Early Gas For personal use only Rates Reservoir Flow Conceptual CSG Pilot Well Production Curve WWW.TMKENERGY.COM.AU 13
Slide 14: 2023 Exploration Program – Terra Energy
2023 Exploration Program – TERRA ENERGY TMK Strategy 2022 and 2023 Exploration Program Location For personal use only • Low risk and low cost exploration delivering high value outcomes • Advance Project evaluation Exploration Work Program • 4 exploration wells • 50 km 2d seismic • Option to expand p
Slide 15: Domestic Supply Opportunity
Domestic Supply Opportunity Significant opportunity exists for TMK to cement themselves as a key supplier of gas and power to Mongolia TMK The capital of Mongolia, Ulaanbaatar, is heavily polluted and in South Gobi province energy infrastructure For personal use only 2022, Mongolia had an average Pa
Slide 16: China Supply Opportunity
China Supply Opportunity China is the largest energy user globally with significant gas infrastructure in close proximity to Gurvantes XXXV TMK For personal use only Chinese Energy Market Neighbouring Oil & Gas Developing Relationships in Chinese 2020 gas demand estimated to Infrastructure China dou
Slide 17: Operating In Mongolia
Operating In Mongolia TMK A proven & growing mining jurisdiction with under-explored terrains Jurisdiction overview Ulaanbaatar For personal use only Strong Mining Jurisdiction Mining sector leading 90% of exports and the country’s largest employer Stable Political Environment Democratic government
Slide 18: Current Development Framework
Current Development Framework Established relationships, legal framework, and funding solutions to drive commercialisation TMK Farmout Talon Energy Limited (ASX:TPD) Agreement For personal use only ASX:TMK Farmout agreement with Talon Energy Limited (ASX:TPD) to earn a Overview 33% working interest
Slide 19: Contact
TMK For personal use only Contact Brendan Stats CEO E: info@tmkenergy.com.au T: +61 8 6319 1900