Emperor Energy Ltd · ASX:EMP
Emperor Energy — Investor Presentation (September 2020)
19 slides from Emperor Energy's investor presentation, Sep 24, 2020
Slide 1: Investor Presentation September 2020
For personal use only (ASX: EMP) Investor Presentation September 2020
Slide 2: Disclaimer
Disclaimer For personal use only This presentation is for the sole purpose of preliminary background information to enable recipients to review the business activities of Emperor Energy Limited ABN 56 006 024 764 (ASX: EMP). The material provided to you does not constitute an invitation, solicitatio
Slide 3: Highlights
Highlights For personal use only § Emperor Energy is 100% Owner & Operator of Judith Gas Field § (EP Vic/P47), Offshore Gippsland Basin § Located 40km Offshore from Orbost Gas Processing Plant - 300km East of Melbourne § Independent Resource Statement completed by 3D-Geo in July 2019: § 2C Contingen
Slide 4: Corporate Snapshot
Corporate Snapshot For personal use only Corporate Details: Phil McNamara § 37 years in the resource industry Director § Former CEO and Managing Director, Amour ASX code EMP Energy ASX: AJQ § Former Managing Director Waratah Coal § Qualified Mining Engineer Shares on issue 99.8M Cash (as at 30 June
Slide 5: Favorable Macro Drivers for Australia's Gas Market
Favorable Macro Drivers for Australia’s Gas Market For personal use only 3
Slide 6: Gippsland Basin - Premier Hydrocarbon Province
Gippsland Basin - Premier Hydrocarbon Province For personal use only § Operators include Esso/BHP, Seven Group, 3D-Oil and Cooper Energy § Esso/BHP invested over $5.5 Billion developing Kipper – Tuna – Turrum gas project adjacent to VIC P47 § Recent development of Sole Gas Field by Cooper Energy to
Slide 7: Judith Gas Field Project – EP Vic/P47
Judith Gas Field Project – EP Vic/P47 § 202 km² permit renewed for 5 years in 2018 For personal use only § 2 km north of the producing Kipper Gas Field developed by Esso / BHP Petroleum § Two-gas discovery wells drilled within the permit: § Judith-1 drilled by Shell in 1989 § Moby-1 drilled by Bass
Slide 8: Proximity of Other Gas Fields
Proximity of Other Gas Fields Gas Field Patricia / Moby For personal use only Oil Field Baleen Greater Judith Northern Terrace Longtom Vic/P47 SE Longtom Strzeleck i Greater Judith Ros eda le F Judith-1 ault Top Emperor Gas Sands Regional Depth Map Contour Interval: 25 m Tuna 8 Kipper Top Judith Gas
Slide 9: Greater Judith Structure Showing Surrounding Wells
Greater Judith Structure Showing Surrounding Wells For personal use only 9 Judith Gas Sand 1 Depth Model from Longtom Gas Field to the Greater Judith Structure 10
Slide 10: Longtom Analogue
Longtom Analogue For personal use only Well correlation between Longtom Wells and Judith-1 suggests potential for additional reservoir development below Total Depth (TD) of Judith-1 This includes the interval that flowed at 13.6 MMscf/d from DST-1 at Longtom-2 21
Slide 11: Judith Structure Depth Map
Judith Structure Depth Map For personal use only 11 Top Emperor Gas Sands interpreted and mapped from reprocessed 3D seismic data within Vic/P47 showing location of Judith-1 drilled close to gas water contacts and significantly down-dip from structural crest. 11
Slide 12: Static Model - Vic/P47 Volumetrics Summary
Static Model - Vic/P47 Volumetrics Summary For personal use only Summary of Contingent and Prospective Resources for the Judith Gas Field in VIC/P47 (3D Geo, July 2019) Judith Gas Discovery Contingent Resources Low 1C Best 2C High 3C GIIP Bcf 180 278 386 Sales gas Bcf 97 150 209 Condensate MMbbl 1.4
Slide 13: Judith Dynamic Modelling
Judith Dynamic Modelling For personal use only • Dynamic Modelling / Production Simulation • August 2020 • 4 x Initial Vertical Production Wells • 5th Vertical Well Introduced Year 15 • Production Rate • 80mmscf/day • Maintained for 25 years • Adequate wellhead pressure • 450m gas column Height 13 •
Slide 14: Gippsland Basin Current and Potential Future Developments - Field Size
Gippsland Basin Current and Potential Future Developments - Field Size For personal use only Production Licence / Reserve / Resource Estimated Initial Source Field Permit Operator Category Resource (Bcf) Reference Judith VicP47 Emperor 2C Contingent 150 1 Judith VicP47 Emperor P50 Prospective 1226 1
Slide 15: APA Group
APA Group (ASX: APA) For personal use only § Confidential Discussions commenced with APA in Mid 2018 § MOU signed with APA in October 2019 § Binding Agreement for pre-Front End Engineering Design (FEED) executed in May 2020 § Pre-Front End Engineering Design (FEED) commenced in September 2020 includ
Slide 16: AGR – Well Management
AGR – Well Management For personal use only § In June 2020 Emperor Energy engaged global well management company AGR for Planning and design of the Judith 2 Exploration Well § AGR have now completed the initial well planning phase § Well design § Casing design § Well costing § Regulatory timeline §
Slide 17: CGG Multi Client 3D Seismic Survey
CGG Multi Client 3D Seismic Survey For personal use only § The MC3D Seismic Survey was commissioned and underwritten by Exxon Mobil § It covers most of the Offshore Gippsland Basin § The acquisition was completed in July 2020 by Global Seismic acquisition company CGG using the most modern and high d
Slide 18: Multiple near-term value catalysts
Multiple near-term value catalysts For personal use only 1. Progress discussions towards securing a project partner or partners to fund drilling 2. Pre-FEED study progress update from APA 3. Project Financial Analysis following Pre-FEED Q2 4. Engineering work for design of Judith 2 Well with AGR 5.
Slide 19: Contact Details
Contact Details Office Address: Level 21, 201 Sussex St, Sydney For personal use only NSW Australia 2000 Phone: +61 2 9275 8878 Email: carl@emperorenergy.com.au phil@emperorenergy.com.au Website: www.emperorenergy.com.au 19 Share Registry: Automic (Sydney) Twitter: @emperor_energy 17
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