Tlou Energy Ltd · ASX:TOU
Tlou Energy — Shareholder Meeting (November 2024)
19 slides from Tlou Energy's shareholder meeting presentation, Nov 26, 2024
Slide 1: Electricity Generation in Sub-Saharan Africa
For personal use only Electricity Generation in Sub-Saharan Africa Tlou Energy Limited
Slide 2: Disclaimer
Disclaimer These presentation materials and any accompanying oral presentation (together, the “Presentation Materials”) is dated 22 November 2024 and has been prepared by Tlou Energy Limited (“Tlou”or the “Company”). The Presentation Materials and information contained in them are being provided to
Slide 3: Disclaimer continued
Disclaimer continued This presentation is not a prospectus, product disclosure statement or other offer document under Australian law (and will not be lodged with the Australian Securities and Investments Commission (ASIC)) or any other law. The Presentation Materials do not, and should not be consi
Slide 4: Our Vision in Botswana
✓ Tlou is developing a gas-to-power project Our Vision in Botswana ✓ Coalbed Methane (CBM) gas to be used to To become a major power For personal use only generate electricity producer across Sub-Saharan Africa ✓ First revenue planned for 2025 ✓ Strategic location ✓ Direct access to the regional pow
Slide 5: Location
Location For personal use only Project located in Botswana’s Central District with direct access to the power grid. Tlou Energy Limited 5
Slide 6: Lesedi Gas-to-Power project – 10MW Overview
Lesedi Gas-to-Power project – 10MW Overview Process flow from gas wells to power sales For personal use only Lesedi Project • Tlou’s flagship project to produce gas fired electricity for sale into the regional power grid • Initial 10MW project with development underway at Tlou’s 100% owned 40 Km2 pr
Slide 7: Lesedi Gas-to-Power project – Ongoing operations
Lesedi Gas-to-Power project – Ongoing operations The first phase of development at Lesedi is a 10MW gas fired generation project. For personal use only Completed Ongoing Planned ➢Production Licence secured ➢Electrical Substation ➢Drilling of additional gas ➢Environmental approval construction produc
Slide 8: Regional Power Demand
Regional Power Demand For personal use only Cumulative investment in new generation capacity required to meet expected demand 2016-2030 (USD bn) Tlou Energy Limited 8
Slide 9: Power Market and Gas Reserves
Power Market and Gas Reserves Regional Power Demand Gas Reserves and Contingent Resources 4 For personal use only • Botswana(1) • 2P Reserves • Power demand (2020/21) 587 MW • ~41 Billion Cubic Feet (BCF) (2) • Net imports (2020/21) 311 GWh (~6.8 million barrels of oil equivalent (MMboe)(3)) • Elect
Slide 10: Independent Gas Reserves Certification
Independent Gas Reserves Certification(1)+ 0.35 BCF (1P) 40.8 BCF (2P) 426.6 BCF (3P) (1) + (2,4) + Gas Reserves Gas Contingent Resources For personal use only 1P 2P 3P 1C 2C 3C Location Project Tlou Interest (BCF) (BCF) (BCF) (BCF) (BCF) (BCF) Lesedi CBM Karoo Basin Botswana (Lower Morupule coal) 1
Slide 11: Corporate Information
Corporate Information ➢ Triple listed: o Australian Securities Exchange – ASX Shareholdings o London Stock Exchange – AIM For personal use only o Botswana Stock Exchange – BSE ➢ Issued share capital: 1,298,584,319 27% 25% ➢ Top 20 holders: ~72% 23% Including: o ILC Investments 27% o Botswana Public
Slide 12: Board
Board Martin Gabaake G. Colm McIver Gabaake Cloonan For personal use only Non-Executive Chair Executive Director Finance Director & CFO Geologist, former Botswana Finance professional; 20+ years experience in finance 20+ years experience and mining services Permanent Secretary at Ministry of Mineral
Slide 13: Power Generation in Botswana
Power Generation in Botswana Complete ✓ Gas produced For personal use only ✓ Access to power grid ✓ Power Purchase Agreement ✓ Gas reserves ✓ All key approvals secured Ongoing and planned Tlou Energy Limited ❑ Substation completion Botswana: +267 316 0857 ❑ Generators installed Australia: +61 7 3040
Slide 14: Appendix
For personal use only Appendix Additional Information Tlou Energy Limited 14
Slide 15: Lesedi Gas-to-Power project – Operations Facility
Lesedi Gas-to-Power project – Operations Facility Tlou has constructed a purpose-built operations base to facilitate working in a remote area and to allow for rapid expansion. For personal use only Reverse Osmosis system Lesedi storage facility Tlou Energy Limited 15
Slide 16: Gas Production
Gas Production For personal use only Tlou’s gas wells, referred to as ‘Dual lateral Pods’. These consist of two lateral wells that intersect a vertical well to produce gas. Tlou Energy Limited 16
Slide 17: Forward plan
Forward plan 2025 – 2026 – 2025 – First For personal use only Expansion Expansion Power Sales towards 10MW towards 25MW • Complete • Purchase additional • Increase substation and generators production to meet install first • Drilling of further Transmission line generator gas production capacity • G
Slide 18: ASX Listing Rule Disclosure
ASX Listing Rule 5 Disclosure Competent Person Statement and ASX Listing Rules Chapter 5 - Reporting on Oil and Gas Activities The estimate of Gas Reserves and Contingent Resources for the Company’s interests in ML2017/18L, PL001/2004, PL238/2014, 239/2014, 240/2014, 241/2014 as part of the Lesedi a
Slide 19: ASX Listing Rule Disclosure continued
ASX Listing Rule 5 Disclosure continued Location Project Tlou Interest Gas Contingent Resource (BCF) 30/06/2024 30/06/2023 30/06/2024 30/06/2023 30/06/2024 30/06/2023 1C 1C 2C** 2C** 3C 3C For personal use only Karoo Basin Lesedi CBM 100% 4.6 4.6 214 214 3,043 3,043 Botswana (all coal seams) PL001/2