Botala Energy Ltd. · ASX:BTE

Botala Energy — Shareholder Meeting (November 2023)

13 slides from Botala Energy's shareholder meeting presentation, Nov 22, 2023

  1. Slide 1: Empowering Progress - 2023 AGM Presentation

    EMPOWERING PROGRESS For personal use only 2023 AGM Presentation, November By Kris Martinick - CEO

  2. Slide 2: Disclaimer

    Disclaimer For personal use only This document contains a summary of information about Botala Energy Ltd (ACN 626 751 620) may be acquired in the future, will result in the discovery of an economic resource. Even if an Not a recommendation or financial product advice (Botala Energy or Company) and i

  3. Slide 3: Reporting Notes

    Reporting Notes Prospective Resources Cautionary Statement For personal use only For prospective resources, the estimated quantities of petroleum that may potentially be recovered by the application of a future development project(s) relate to undiscovered accumulations. These estimates have both a

  4. Slide 4: Year in Review

    Year in Review Drilling & Exploration – 2 exploration wells and 4 appraisal wells ▪ All intersected very prospective coals For personal use only ▪ Currently undergoing recertification of the asset. ▪ Extensive geophysical surveys identifying targets Flowtesting – Serowe-3-1: Flared gas; confirming w

  5. Slide 5: Project Location

    For personal use only Project Location1 1The Company cautions that its renewable energy projects are under conceptual development and it is uncertain whether such projects will be successful as they are yet to be defined sufficiently for a final investment decision which depends on EMPOWERING PROGRE

  6. Slide 6: Serowe CBM

    Serowe CBM Project Serowe-7 Flow- testing Project Pitse Commercial Pilot For personal use only ~26km Volumes in bcf Contingent Prospective (Billions of Cubic Feet) Resource Resource Serowe #1 Serowe #5 Serowe #7 Gross (100% Ownership) Serowe #3 Low Estimate 238 6,006 Net of Royalties Serowe #4 Best

  7. Slide 7: Primary Target – Upper Coal Seams

    Primary Target – Upper Coal Seams × High Cost  Low Cost × Complex  Simple For personal use only × Deep  More Coal EMPOWERING PROGRESS

  8. Slide 8: Serowe-3 Flaring Milestone

    Serowe-3 Flaring Milestone ▪ 1Gas flared at Serowe-3.1 well ▪ Flow-testing reaches appraisal milestone For personal use only ▪ Gas pressure continuing to increase ▪ Flowing Serowe-3.1: critical in proving commercial viability of gas and ML application Botala Executive team meeting with Botswana dele

  9. Slide 9: Summary of Primary Work Plan

    Summary of Primary Work Plan For personal use only What Do We Know Gas discovered: 317bcf (2C) and 8.008 tcf (3C). Based on only 5 of our 11 wells drilled to-date; ~5% of acreage. Proven gas flow to surface from primary target coals of Serowe and Upper Morupule seams at encouraging and increasing un

  10. Slide 10: Project Pitse – Commercial Pilot Programme

    Project Pitse – Commercial Pilot Programme S-1 For personal use only ▪ Build on Serowe-3.1 results: determine commercial flow- rate potential S-5 S-2 S-4 ▪ 4 well pilot programme at 350m spacing: ▪ 3 Wells testing all three seams S-3 ▪ 1 Well testing only Serowe seam ▪ Central well, S3-5 to be main

  11. Slide 11: Exploration & Appraisal Programme

    Exploration & Appraisal Programme Flow Testing Goal For personal use only Pitse Commercial Flow Test Serowe-3-1 Flare Viable cases Low – 60mscfd Convert contingent 42mscfd Peak Flowrate Med – 80mscfd reserve towards proven High – 100mscfd Exploration Drilling Serowe-6 & 7 Recertification update to i

  12. Slide 12: Pilot Project Development Plans

    Pilot Project Development Plans Gas Development is the primary focus For personal use only Project Puthi Project Pitse 1Phase 2 2Phase 3 Phase 1 (Current) Phase 2 4MW Solar ~100MW Solar Pilot Well Upstream Processing & ~1- Pilot Pilot Programme 2MW Gas Power Know Know How How 1Botala has been conduc

  13. Slide 13: Thank You

    Botala Energy Ltd For personal use only Ke A Leboga Thank You botalaenergy.com info@botalaenergy.com

Botala Energy — Shareholder Meeting (November 2023) on 6ix