Botala Energy Ltd. · ASX:BTE
Botala Energy — Botswana Mining & Energy Conference 2023
18 slides from Botala Energy's conference presentation, Mar 22, 2023
Slide 1: Botala Energy Ltd - Botswana Mining & Energy Conference
For personal use only Botala Energy ltd EMPOWERING PROGRESS BOTALA ENERGY LTD Botswana Mining & Energy Conference 22 March 2023 Kris Martinick - CEO
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
Slide 3: A New Dawn for Future Industries
For personal use only A New Dawn for Future Industries EMPOWERING PROGRESS
Slide 4: Our Vision
For personal use only Our Vision To be a profitable energy company providing Botswana with access to affordable and reliable energy.
Slide 5: Project Location: Serowe CBM Field
Project Location For personal use only Serowe CBM Field EMPOWERING PROGRESS 5
Slide 6: Highlights 2023
Highlights 2023 Listed on ASX –July 2022 For personal use only ▪ Raised $5m to explore and appraise Serowe CBM Project. ▪ Develop CBM together with early-stage research and development including in respect of solar. ▪ Botala is operator and owns 70% of the Serowe CBM Project; PH2 retains 30% and is
Slide 7: Botala Energy and Project Background
Botala Energy and Project Background For personal use only CBM Development: • Main undertaking to develop the Serowe Coal Bed Methane (CBM) Project. • 1Certified contingent resource best estimate of 222 bcf (2C) and 2prospective resource of 5.606 tcf (3C) (best estimate net to Botala). • Fully funde
Slide 8: Commercialisation Concept
Commercialisation Concept For personal use only Initial Development Plan • Serowe CBM Project is the primary undertaking Pilot Project • Developing how to monetise to avoid a stranded asset 1Serowe Energy Hub Serowe CBM Project Phase 0 – Proof of Concept 20MW 2Hybrid power plant delivering 10MW disp
Slide 9: Exploration & Appraisal
Exploration & Appraisal For personal use only Kalahari Gas Corporation (KGC) awarded contract to Flow-testing The KGC successfully drilled ream Serowe-3 well, and drill commissioned Serowe-6 and Serowe-7. 2 exploration and 4 pilot wells. EMPOWERING PROGRESS
Slide 10: Exploration Programme
Exploration Programme For personal use only Serowe #1 Serowe #5 Serowe #7 Serowe #3 Serowe #6 Serowe #4 Serowe #2 Well # PL# Rationale Serowe-7 – 1.0 km from Serowe-1 6 400 3km stepout f rom best well-known gas Proposed Well Exploration sites Wells 7 19B 2.5km stepout f rom known gas EMPOWERING PROG
Slide 11: Serowe Results
Serowe 7 Results For personal use only • 1Serowe-7 was drilled to a Target Depth of 510m. • Logging determined 35m of coal within the Serowe and Upper and Lower Morupule seams. • Logging results exceed the results of the first exploration well, Serowe-1 (~1 km to the North), while continuing to exte
Slide 12: Serowe-3 Flow-testing
For personal use only • Commissioned 4 Nov after reaming and cleaning well. Serowe-3 • Water production has steadily increased to 75bbls /day. Flow-testing • 1Considerable increase in visible bubbling of gas in water from the flow-testing which is designed to monitor increases in downhole annulus pr
Slide 13: Current Exploration & Appraisal Programme
Current Exploration & Appraisal Programme For personal use only Nov 2022 Serowe-3 Status Flow-testing Water flowrate? Serowe-3 Gas breakout Commercial Pilot Serowe-6 & 7 Exploration Wells Serowe 7 Logging Results Flow testing Water flowrate? Serowe-7 EMPOWERING PROGRESS Gas breakout Commercial Pilot
Slide 14: Development Engineering and Early Stage Renewables
Development Engineering and Early Stage Renewables For personal use only Engineering consultants BE&R reviewing various early-stage development options and concepts for the project including: • Serowe Energy Hub of 110 ha: proposal for an initial ~20MW solar/gas hybrid electricity plant to feed into
Slide 15: Conceptual 3-Phase Approach
Conceptual 3-Phase Approach For personal use only Phase 0 - Pilot Phase 1 Phase 2 Phase 3 • Develop Serowe cbm • Leupane Energy Hub and • Leupane Energy Hub and • Leupane Energy Hub resource and 20MW Industrial Park Industrial Park and Industrial Park gas and solar electricity • 150MW gas & solar •
Slide 16: Binding MoU with Solar Finland
Binding MoU with Solar Finland For personal use only Pursuant to the MoU, the parties’ goal is to explore the potential to establish a Joint Venture Limited Liability Company with Solar Finland to setup manufacturing of Salo Solar Panels and distribute their knowledge in solar energy.1 1Botala Energ
Slide 17: Contribution to Botswana priorities
Contribution to Botswana priorities 1RESET, Vision 2036, Economic Recovery and Transformation Plan, National For personal use only Development Plan and Integrated Resources Plan. 17 1Reference to publicly available Botswana Government plans and documents.
Slide 18: Thank You
Botala Energy Ltd For personal use only Ke A Leboga Thank You botalaenergy.com info@botalaenergy.com
Botala Energy — Botswana Mining & Energy Conference 2023 on 6ix