Red Sky Energy Limited · ASX:ROG
Red Sky Energy — Investor Presentation (May 2012)
17 slides from Red Sky Energy's investor presentation, May 30, 2012
Slide 1: Gas in Eastern Australia: Building a Valuable Position
For personal use only Red Sky Energy Gas in Eastern Australia: Building a Valuable Position Rohan Gillespie, Managing Director 30th May 2012
Slide 2: Corporate Overview
Corporate Overview For personal use only Issued Capital ASX Code: ROG Shares: 1,430million Unlisted Options: 200 m (ex @ $0.04 by Sep 2014), 60 m (directors options @ 2.25c, Mar 2016) Price & Capitalisation Share Register Share price: 0.6c (30/05/12) Energy Infrastructure and Resources Ltd: 12.6% 12
Slide 3: Red Sky Energy team
Red Sky Energy team For personal use only • Rohan Gillespie: Managing Director. As Vice President and Chief Operating Office, Rohan created and led BHP Billiton’s CSG business . He has extensive experience in gas commercialisation including power generation and petrochemicals. Prior roles include cr
Slide 4: Red Sky's assets
Red Sky’s assets For personal use only • Clarence Moreton Project in Northern NSW: Right to earn 100%, earned 30% in two permits so far Significant reserves independently certified Major new shallow gas discovery Well positioned for local power generation market • Yaraka Project in Queensland: Targe
Slide 5: Clarence Moreton Project
Clarence Moreton Project For personal use only Clarence Moreton Basin PELA 135 application – to earn 100% upon grant Gas charged formations over 3000 metres depth Multiple resource plays across both conventional and non-conventional PEL 479, 457 and 478 – right to Well positioned for earn up to 70%
Slide 6: Clarence Moreton Project: Exploration success to date
Clarence Moreton Project For personal use only Exploration success to date Walloon Coals Annvale 1 • Successful two core hole program – Annvale 1 and Talma 1 – Target Walloon coal measures Talma 1 • Independent certification (100% basis)* Probable Reserves 2P 17PJ Possible Reserves 3P 380PJ Continge
Slide 7: Clarence Moreton Project: Kangaroo Creek Sandstones
Clarence Moreton Project For personal use only Exploration success to date Kangaroo Creek Sandstones • Attractive features: • Shallow, hence low cost development Annvale 1 • Laterally extensive • Thick – up to 500 metres • Expect minimal water extraction during gas production 30kms • Not expected to
Slide 8: Clarence Moreton Shale Gas Potential
Clarence Moreton Shale Gas Potential For personal use only SHO PETROLEUM SYSTEM MBA Shale Gas Atlas WS ELEMENTS Reser Sourc • Multi client study across 16 basins Seal voir e • Shale gas defined as fine grained rocks where gas is stored by adsorption onto organic rich components and subject to temper
Slide 9: Clarence Moreton Ipswich/Nymboida Coals
Clarence Moreton Ipswich/Nymboida Coals For personal use only PETROLEUM SYSTEM SHO ELEMENTS Reser Ipswich/Nymboida Coals WS Seal voir Source Historical mining in the far south west of the basin. Coals from this area have been reported as being gassy and an explosion was reported in the Nymboida coll
Slide 10: Proposed Next Phase of Drilling
Proposed Next Phase of Drilling For personal use only 5 Well Program Casino Pilot – Kangaroo Creek • Targeting all prospective formations • Objectives: Talma Pilot – Kangaroo Creek • Further increase in 3P reserves for Walloon coals • Demonstrated productive potential of Kangaroo Creek Sandstones Tu
Slide 11: Yaraka Project
Yaraka Project For personal use only ATP946 is located near the Gilmore Gas Field in the Eromanga Basin. The main coal bearing formation in the area is the Winton Formation, with depths of 800m and with a likely thickness of 400- 600m. Net coal accumulations are estimated to be up to 25m in the main
Slide 12: Taroom Trough Project
Taroom Trough Project For personal use only A number of wells around ATP840 have tested gas in the Early Triassic and Late Permian sands Drilled in the early 1960’s Identified basin centred tight gas play Greater flows (>10times) expected by latest techniques for fraccing horizontal wells Number of
Slide 13: Positive Market Conditions
Positive Market Conditions For personal use only • Scarcity of gas in Eastern Australia – LNG developers seeking more gas – Domestic power companies short of gas • Strong growth – LNG projects creating huge new demand – Carbon tax to underpin more gas power generation • High prices – Driven by oil p
Slide 14: Mandate to Operate
Mandate to Operate For personal use only • Red Sky is a responsible operator • Recent NSW Government audit of PEL 479 – Performed by independent consultant – High level of compliance • Regulatory approval of Talma Pilot – Review of Environmental Factors approved – One of a few approved by new NSW Go
Slide 15: Red Sky's strong track record
Red Sky’s strong track record For personal use only • Proven ability to secure acreage and add value – Seven acquisitions and farm-ins in three years – Developed basin centred gas play in Surat Basin • Exploration success – Major reserves position in Clarence Moreton with just two coreholes – 114 PJ
Slide 16: Contact Details
Contact Details For personal use only Red Sky Energy Limited Level 17, 500 Collins Street MELBOURNE, VIC, 3000 Ph: (03) 9614 0600 Fax: (03) 9614 0550 E: info@redskyenergy.com.au Rohan Gillespie Managing Director Mob: 0438 722 443 E: rohan.gillespie@bigpond.com 16
Slide 17: Disclaimer
Disclaimer For personal use only The information presented herein contains predictions, estimates and other forward looking statements that are subject to risk factors that are associated with the oil and gas business. Certain information in this presentation has been derived from third parties and,