Buru Energy Ltd · ASX:BRU
Buru Energy — RIU Essential Energy Conference 2024
16 slides from Buru Energy's conference presentation, Sep 17, 2024
Slide 1: RIU Essential Energy Conference Presentation
ASX Announcement 17 September 2024 RIU Essential Energy Conference Presentation Buru Energy Limited (Buru) (ASX: BRU) is pleased to provide its presentation made by the Buru Chief Executive Officer Thomas Nador at the Essential Energy Conference held today in Perth. Authorisation This ASX announceme
Slide 2: Building a compelling foundation Kimberley gas business with near-term exploration upside
For personal use only ASX:BRU Building a compelling foundation Kimberley gas business with near-term exploration upside 17 September 2024
Slide 3: Disclaimer
Disclaimer This document has been prepared by Buru Energy Limited ABN 71 130 651 437 (“Buru”) have not materially changed. The probabilistic method was used to prepare the and has been authorised for the intended purpose by the Non-Executive Chair of Buru estimates of the contingent and prospective
Slide 4: Buru Energy Overview
BURU ENERGY OVERVIEW Regional gas project developer + near term oil exploration + material prospects portfolio Who we are For personal use only • Founded in 2008, we are an ASX listed energy company focused on exploration, development and production of hydrocarbon and alternative energy resources in
Slide 5: Buru Energy Investment Thematic
BURU ENERGY INVESTMENT THEMATIC Complementary assets and value streams to generate and grow shareholder value For personal use only Strong Foundation Material Upside Team to Deliver • 100% owner of Rafael Deep - the only • The Canning Basin is underexplored. • Experienced Board and Management proven
Slide 6: Buru Energy Assets
BURU ENERGY ASSETS Large operated acreage position to support gas development, hydrocarbon exploration and energy expansion and transition opportunities Basin Onshore Canning Basin Yilgarn Craton Adelaide Superbasin Western Australia Western Australia South Australia For personal use only Operating
Slide 7: Foundation Business – Commercialising the Rafael Gas Discovery
FOUNDATION BUSINESS – COMMERCIALISING THE RAFAEL GAS DISCOVERY Gas development focused on regional gas to power generation with condensate for local diesel replacement Generate enduring cashflows through the development of the foundation Objective gas project involving a small footprint, scalable LN
Slide 8: Near-Term Value Upside – Rafael Shallow Oil Prospect
NEAR-TERM VALUE UPSIDE – RAFAEL SHALLOW OIL PROSPECT A large shallow closure beneath the regional seal on the high-quality Rafael 3D Objective Drill the low-cost, high potential oil exploration well in early Q4 2024. For personal use only 50% Buru Energy Farm-in agreement (FIA) executed with Sab
Slide 9: Value Upside – Restart Ungani Production and Explore to Backfill
VALUE UPSIDE – RESTART UNGANI PRODUCTION AND EXPLORE TO BACKFILL Reinvigorate the asset with drilling of a high potential oil exploration well (Mars) Re-establish revenues from the oil business via a potential domestic Objective offtake pathway. Pursue near-field exploration to extend production For
Slide 10: Value Upside - Material Canning Basin Exploration Potential
VALUE UPSIDE - MATERIAL CANNING BASIN EXPLORATION POTENTIAL High grading prospects and leads portfolio underway to provide opportunities for future phases of gas development For personal use only Exploration to build on foundation Rafael gas and condensate project across diverse and proven conventio
Slide 11: Value Upside – Exposure via Incubated Subsidiary Companies
VALUE UPSIDE – EXPOSURE VIA INCUBATED SUBSIDIARY COMPANIES Leveraging Buru competency and IP, subsidiary companies established to actively participate in the energy transition Unparalleled understanding of greenhouse gas (GHG) storage potential in Actively developing geological expertise to ensu
Slide 12: Key Near Term Catalysts
KEY NEAR TERM CATALYSTS A busy second half of 2024 Focus Areas For personal use only • Drill Rafael Shallow oil prospect safely, on budget and on time. Spud in early Q4 2024. energy resources safely and • Prepare for Rafael 1 well testing/completion and Rafael B drilling in 2025. competitively Find
Slide 13: Buru Energy - A Unique Value Proposition for Investors
BURU ENERGY - A UNIQUE VALUE PROPOSITION FOR INVESTORS Significantly undervalued with complementary assets and value streams 1 2 3 4 5 For personal use only 100% owner of Rafael 50% owner of Rafael 30% owner of Ungani Dominant position in Early mover in natural (deep) gas discovery Shallow oil prosp
Slide 14: Thank you
Thank you For personal use only 13 May 2024 Update – Commercial Growth and Investment Forum
Slide 15: Buru Energy Board and Management
BURU ENERGY BOARD AND MANAGEMENT Deep industry experience and proven track record to deliver strategy Mr David Maxwell Thomas Nador For personal use only Independent Non-Executive Chair CEO >35yrs strategy, commercialisation, risk and asset >25yrs strategy, resource development, commercial managemen
Slide 16: Buru Energy Limited
For personal use only Buru Energy Limited Level 2, 16 Ord Street West Perth Western Australia 6005 PO Box 1903 West Perth WA 6872 Phone: 1800 337 330 Email: info@buruenergy.com Web: buruenergy.com