Axp Energy Limited · ASX:AXP
Axp Energy — Investor Presentation (August 2025)
23 slides from Axp Energy's investor presentation, Aug 27, 2025
Slide 1: Replacement Webinar Presentation
ASX ANNOUNCEMENT 27 AUGUST 2025 REPLACEMENT WEBINAR PRESENTATION AXP Energy Limited (ASX: AXP, OTC US: AUNXF), (‘AXP’, ‘Company’) Slides 5 and 10 of the Corporate Webinar Presentation lodged 14 August 2025 on the ASX MAP did not include certain supporting information required by Chapter 5 of ASX’s L
Slide 2: Corporate Presentation August 2025
CORPORATE PRESENTATION August 2025 Usin g s tra nd ed ga s t o power bit coin min in g comp an ies
Slide 3: Disclaimer
DISCLAIMER This presentation and any materials provided (the ‘Materials’) have been prepared by AXP Energy Limited (ASX:AXP, OTC US: AUNX), (‘AXP’, ‘Company’) and contains general information about AXP’s activities. By accepting the Materials you agree to be bound by the below terms and conditions.
Slide 4: A Compelling Thematic
A COMPELLING THEMATIC ➢ Electricity consumption from data centres, artificial intelligence (AI) and the cryptocurrency sector could double by 2026. ➢ In the US, power consumption by data centres is on course to account for almost half of the growth in electricity demand between now and 2030. ➢ Renew
Slide 5: Corporate Snapshot
CORPORATE SNAPSHOT • 15+ years in Oil and Gas Industry Capital Structure (ASX:AXP - OTC:AUNXFF) Samuel Jarvis • Upstream Commercial Management and Non-Executive Chairman Development Drilling Shares on Issue 6,574,680,675 • Honours in Engineering and Degree in Finance 1Y Share Price Range $0.001 - $0
Slide 6: Deliver Gas-to-Power for a High Quality Counter Party
DELIVER GAS-TO-POWER FOR A HIGH QUALITY COUNTER PARTY ✓ Growth in demand for off-grid energy in the USA from data ✓ Support of NASDAQ-listed bitcoin miner BitFuFu Inc., center owners and operators a gamechanger for AXP (NASDAQ:FUFU FUFU.WS) to expand Pathfinder and pursue growth opportunities. ✓ AXP
Slide 7: The First Gas to Power Bitcoin Mining Operation Established
THE FIRST GAS TO POWER BITCOIN MINING OPERATION ESTABLISHED ‘THE CATALYST FOR BITFUFU TO SUPPORT A MAJOR SCALE UP’ • AXP launched its first gas-to-power-bitcoin mining operation at the Pathfinder #2 well site in January 2025 • Successful completion of gas-to-power trial delivered ~1.5 MW/hour of ele
Slide 8: Unique Opportunity in Oklahoma to Deliver Scale Quickly
UNIQUE OPPORTUNITY IN OKLAHOMA TO DELIVER SCALE QUICKLY ➢ 1400 acres leased in energy friendly Oklahoma in a proven oil & gas field with 30+ drilling locations to deliver necessary scale – first of a number ➢ Transaction driven by opportunity to partner with established counterparties to develop mul
Slide 9: Nearby Operational Wellpads North of Edwards Lease
Nearby operational wellpads North of Edwards Lease Historic drill results referenced on this slide should not be relied upon or representative of results AXP may achieve Phillips 66 Refinery North of Edwards Lease - Well Status of Snake River Project (Austex Oil Development) Peak Rate 30 day IP Well
Slide 10: Oklahoma Is an Ideal Market to Scale
OKLAHOMA IS AN IDEAL MARKET TO SCALE Comparison Variable Oklahoma Well Cost $550K New Well Permitting Duration < 14 Days Contractor Work Force 1 - 2 hours Net Revenue Interest 81.25% Lease Operation Expenses ~ $6 per barrel Oil trucking cost Nil Any source to quote? www.axpenergy.com | Page 9
Slide 11: We Are Creating Austex Oil Limited Mark 2 + BTC
WE ARE CREATING AUSTEX OIL LIMITED MARK 2 + BTC AUSTEX OIL LIMITED(1) HISTORY: ➢ Between 2011 to 2014 drilled over 70+ successful wells ➢ Annual Production grew from 27,000 BOE to 439,000 BOE ➢ Gross Revenue $US33m+ EBITDAX $USD15.75m 2014 ➢ Leased over 11,200 acres (40 acre well spacing x ~280 loca
Slide 12: Multiple Stacked Payzones
MULTIPLE STACKED PAYZONES • EUR 100,000 BOE 55-60% LIQUIDS • Historical production from multiple zones • Shallow with TD ~5,000 feet • Limestones react favourably to Hydraulic Fracture Stimulation • Laterally extensive formations • Includes known shallow gas formations www.axpenergy.com | Page 11
Slide 13: Vertical Wells Deliver Certainty
VERTICAL WELLS DELIVER CERTAINTY (1) Miss Lime Interval • Mississippian aged Limestone • Reacts well to hydraulic fracture stimulation • Naturally fractured by Nemaha Uplift Post oil migration • Porosity: o Chert/Chat sections 20% plus o Solid lime interval breaks 10% plus • Minimal entry perforatio
Slide 14: Vertical Well Type Curve
VERTICAL WELL TYPE CURVE Standard type Standard Curves Type Curvesfor forAustex Austex vertical wells- –EUR vertical wells EUR6060 MBoe MBoe Production/Month Production/Month 1,000 6000 • Actual production ahead of 900 standard decline curve 5000 historically 800 700 4000 • Decline curve indicated o
Slide 15: Engineering and Production History
ENGINEERING AND PRODUCTION HISTORY ✓ Management and Contractor Team previously drilled and completed over 80+ vertical wells in Kay County ✓ Target zone Mississippi Lime at 4300 feet ➢ 300 foot thick, naturally fracture due to Nemaha Uplift ➢ Liquid rich with 66% oil and 33% gas production profile ➢
Slide 16: Early Revenues from Short Timelines
EARLY REVENUES FROM SHORT TIMELINES A Q UIC K TI M ELI NE TO P R OD UCT IO N AN D FI R S T S ALE S SITE PREPARATION AND DRILLING, LOGGING STIMULATION AND PRODUCTION AND MOBILISATION AND CASING COMPLETION FIRST SALES 7 DAYS 7 DAYS 21 DAYS WITHIN 60 DAYS www.axpenergy.com | Page 15
Slide 17: +180 Days of News Flow
+180 DAYS OF NEWS FLOW ✓ Leasing of sites X 3 ✓ Investor presentation on Oklahoma expansion – ‘Austex Mark 2’ • Frist two well sites selected • Well sites permitted • Drilling contractor and and other services appointed • Site preparation and rig moves to site • Drilling commences (7 days) – during
Slide 18: Phillips 66 Ponca Oil Refinery in Northern Oklahoma
PHILLIPS 66 PONCA OIL REFINERY IN NORTHERN OKLAHOMA Phillips 66 Ponca City Oil Refinery ➢ Largest employer in City ➢ Within 20 miles of all leases ➢ 30-day sales cycle for revenue 230,000 barrels a day throughput Inputs ➢ Pipelines ➢ Tank Truck ➢ Rail Cars Outputs ➢ Gasoline ➢ Diesel and aviation fu
Slide 19: Significant Growth of Data Centers in Oklahoma
SIGNIFICANT GROWTH OF DATA CENTERS IN OKLAHOMA Google Perimeter Technology Project Anthem BitFuFu 62 mw site EDS Northern Data Prior, OK Oklahoma City Tulsa, OK Muskogee, OK Tulsa, OK Oklahoma City 1,400,000 SF 22,000 SF 340 acres, 200MW 42 acres 44,000 SF 100,000 SF Oklahoma is seeing Google has in
Slide 20: Compelling Investment with High Growth Prospects
COMPELLING INVESTMENT WITH HIGH GROWTH PROSPECTS Strong thematic Proven operational Model • Uniquely positioned to capitalize on growing 2 • Uniquely positioned to capitalize on growing demand for data demand for data centres in the USA centres in the USA • Gas to Power operations are viable alterna
Slide 21: Further Information
FURTHER INFORMATION Dan Lanskey, Managing Director: Australia +61 (0)451 558 018 USA +1 720 273 9351 dlanskey@axpenergy.com Ben Jarvis, Six Degrees Investor Relations: +61(0)413 150 448 ben.jarvis@sdir.com.au www.axpenergy.com | Page 20
Slide 22: Appendix A
APPENDIX A This estimate (“~750Bcf of gas”) was reported on 20 September 2024 (Refer ASX announcement titled RESERVES & CONTINGENT RESOURCES UPDATE), (‘the Announcement’) wherein AXP provided its updated estimate of Reserves and Contingent Resources as at 1 July 2024. The Company confirms that it is
Slide 23: Appendix B
APPENDIX B The information provided on slides 8 and 10 with respect to Austex Oil Limited (2011-2015) is historical and is provided for informational purposes and comparison only as a neighboring property in very close proximity to AXP’s new leases in Oklahoma. The reserve estimates were reported on