Lakes Blue Energy Nl · ASX:LKO
Lakes Blue Energy Nl — Shareholder Meeting (March 2021)
13 slides from Lakes Blue Energy Nl's shareholder meeting presentation, Mar 23, 2021
Slide 1: Chairman's Address to Annual General Meeting
Lakes Oil N.L. CHAIRMAN’S ADDRESS TO ANNUAL GENERAL MEETING Lakes Oil, which will soon be Lakes Blue Energy, was established in 1946 with a focus on the Lakes Entrance region. Since that time we do not believe the Company has ever experienced impacts as damaging as those in Victoria since 2012. Bein
Slide 2: Chairman's Address (continued) and Contact
For all the challenges we have endured, we are more excited than ever about Lakes prospects, the quality portfolio we have, and both Lakes and the industry’s future. Roland Sleeman will be expanding on the above later in the meeting, but I would like to take this opportunity to thank you for attendi
Slide 3: Lakes Oil NL: The Next Chapter
1 For personal use only Lakes Oil NL The Next Chapter Roland Sleeman 23 March 2021
Slide 4: Blue Energy
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Slide 5: Vision and Strategy
3 Vision To be a leading supplier of sustainable, reliable energy For personal use only to meet Australian industry and household needs. Strategy 1. Within 2 - 3 years, achieve commercial production of gas. 2. Leverage returns from producing projects to: o fund Company operations; and o develop othe
Slide 6: Strategy - Illustrated: Pathway to Value Creation
4 Strategy - Illustrated For personal use only Pathway to Value Creation 3. Diversify 2. Leverage Returns to Develop other Projects 1. Achieve Commercial Production 2021 2023 2025 2027 2029 2031
Slide 7: Project Portfolio – The Basis for Steps 1 & 2
5 Project Portfolio – The Basis for Steps 1 & 2 For personal use only Initiative Resource (Net, Bcf) Nangwarry CO2 Project 12.6 Wombat Gas Field 329 Otway-1 2.5 ATP1183 (Qld) 55 Arrowie (SA) TBD Trifon-Gangell Gas Field 223 Buna Prospect (PNG) 3,300 Portland Energy Project 3,000 Source of Informatio
Slide 8: Step 1: Wombat Gasfield (Gippsland, Vic.)
6 Step 1: Wombat Gasfield (Gippsland, Vic.) For personal use only • 329 Bcf contingent gas resource* demonstrated. • Wombat-5 well: o Conventional, lateral well. o 10 TJ/day flow independently predicted*. o Intend to drill asap after 30 June 2021. o Can be brought on line quickly. • Wombat developme
Slide 9: Steps 1 and 2: Realising Portfolio Value
7 Steps 1 and 2: Realising Portfolio Value Target Gas Production, Victorian Projects. For personal use only 250 Target Gas Production, Net TJ/d 200 150 100 50 0 2021 2023 2025 2027 2029 2031 Wombat Trifon Otway Portland Energy Project Source of Information: Investor Presentation, 16 September 2020.
Slide 10: Step 3: The Driver for Diversification
8 Step 3: The Driver for Diversification For personal use only • Changing energy ‘universe’ requires new, sustainable energy initiatives. • A sustainable initiative must be: o Secure, with 24/7 reliability; o Environmentally benign, having little or no environmental impact; and o Economic. • There a
Slide 11: Horizon Power Trial – Illustrates significant problems to be solved
9 Horizon Power Trial – Illustrates significant problems to be solved For personal use only
Slide 12: Step 3: Participating in Diversification
10 Step 3: Participating in Diversification For personal use only • To remain relevant, Lakes MUST be part of the solution. • While gas will continue to play an important role, both as a fuel and as feedstock, sustainable energy solutions have yet to be identified, commercialised and utilised. • Lak
Slide 13: Blue Energy
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Lakes Blue Energy NL — Shareholder Meeting (March 2021) on 6ix