Elixir Energy Limited · ASX:EXR
Elixir Energy — Good Oil Conference 2023
22 slides from Elixir Energy's conference presentation, Sep 5, 2023
Slide 1: Good Oil Conference Presentation
Good Oil Conference Presentation 5 September 2023 ASX:EXR
Slide 2: Company Overview
Company 1. Overview 2
Slide 3: Company Overview
Company Overview 1 2 3 Grandis Gas Project - Nomgon CBM Project - Gobi H2 Project - Queensland Mongolia Mongolia • 395 Bcf 2C contingent resources • 100% owned CSG project • Partnering with Toyota Tsusho booked • Excellent location next to China • Proximity to market the key for H2 • 100% owned gas
Slide 4: Capital Structure / Board
Capital Structure / Board Capital Structure (pre current cap raise) Board of Directors Capital Structure Current Richard Cottee Non-Executive Chairman Number of Shares 932 million Former Managing Director of CSG focused Queensland Gas Corporation (QGC), taking it from market cap of $20M to Performan
Slide 5: Grandis Gas Project
Grandis Gas 2. Project 5
Slide 6: Project Location
Project Location Elixir to Spud Daydream-2 Appraisal Well due to spud in October 2023 • The Grandis Gas Project is very well located in the southern Taroom Trough (TT) • Market factors are now driving new rounds of drilling in the TT, including by Majors: – The rapidly growing demand/supply gap in t
Slide 7: An Emerging Energy Super Basin
An Emerging Energy Super Basin • Wood Mackenzie’s Energy Super Basin concept: – “Super basins are the future” – ”The future is upstream co-located with low carbon” – “These are basins with the co- location of upstream hydrocarbons, clean electricity, standalone and/or hub scale CCS” • Grandis is loc
Slide 8: Taroom Trough
Taroom Trough Home to several majors, the Taroom Trough hosts material discovered and potential gas resources • Shell: “The estimate of recoverable hydrocarbons in this reservoir across ATP 645 in the area coveredATP Straightened by2044 PCA 1 (305), on an unrisked P50 basis, is 3.0 Tcf sales gas up
Slide 9: Resources
Resources Contingent Resources – Sandstones only Prospective Resources - Fractured Coals ATP – 2044 – GRANDIS GAS PROJECT ATP – 2044 – GRANDIS GAS PROJECT Contingent Resources (100%) Prospective Resources (100%) Units 1C 2C 3C Units 1U 2U 3U Gas Initially In Place Bcf 2,128 7,007 22,699 Recoverable
Slide 10: Grandis Gas Project Timeline
Grandis Gas Project Timeline CY2023 CY2024 3Q2023 4Q2023 1Q2024 2Q2024 SLB Rig Commitment Well Planning and Preparation Drill Daydream-2 1 2 3 Post Drill Analysis 4 Integrity Testing and Pre-stimulation Optimisation 5 Stimulation and Completion (TBC) 6 7 1 Spud of Daydream-2 appraisal well 2 Interse
Slide 11: Nomgon CBM PSC
Nomgon CBM PSC 3. 11
Slide 12: CBM Asset Overview
CBM Asset Overview Elixir’s foundation asset – the 100% owned Nomgon IX Coal Bed Methane (CBM*) Production Sharing Contract (PSC) project in the South Gobi region of Mongolia Highly experienced CSG team – first mover in taking Australia’s industry leading skills to Mongolia Located on Mongolian/Chin
Slide 13: Extended Pilot Production Test
Extended Pilot Production Test Aim • Dewater coals and flow gas from the Nomgon CBM discovery • Provide proof of concept for commercial development • First extended production test in Mongolia • Growing cooperation with other Operators Wells • Initial 2 production wells drilled 100m apart • Addition
Slide 14: 2023 Work-Plan
2023 Work-Plan Pilot(s) • Determine type curve from extended production test • Work through regulatory processes under Petroleum Law • Prepare for pilots in new area(s) Gas marketing • Electricity generation project – progress with Government bodies and review possible private sector offtake • LNG a
Slide 15: Gobi H2
Gobi H2 4. 15
Slide 16: Gobi H2 Overview
Gobi H2 Overview Elixir’s longstanding experience in Mongolia’s energy sector and stakeholder engagement with Governments and customers, has provided a strong foundation for the Gobi H2 Project • Gobi H2 is Elixir’s green hydrogen project (i.e. one where hydrogen is produced from Term sheet with Ter
Slide 17: Emerging Regional Hydrogen Infrastructure
Emerging Regional Hydrogen Infrastructure • The location of the Gobi H2 project provides ready access to rapidly growing Chinese H2 markets • Elixir commissioned a study from global energy consultants Rystad Energy which concluded “the scale of ramp up will likely open up imports from beneficial pro
Slide 18: Highlights, Disclaimer and Appendix
Highlights, 5. Disclaimer and Appendix 18
Slide 19: Corporate Highlights
Corporate Highlights High impact Daydream-2 CBM pilot production project Strong balance sheet and appraisal well due to spud in ongoing throughout 2023 and 100% gas asset ownership October 2023 new pilot well spudded provides maximum strategic optionality Highly experienced teams in Ukraine war and
Slide 20: Important Notice & Disclaimer
Important Notice & Disclaimer This document has been prepared by Elixir Energy Limited (ABN 51 108 230 995) (“Elixir”) in connection with providing an overview of its business to interested analysts/investors. This presentation is being provided for the sole purpose of providing preliminary backgrou
Slide 21: Appendix
Appendix Methodology: The estimate of Prospective Resource was compiled by Elixir’s Chief Geoscientist, Mr Greg Channon, who has completed a detailed and formal report on the prospective resources in ATP 2044. The work was undertaken in accordance with the Society of Petroleum Engineers internationa
Slide 22: www.elixirenergy.com.au
INVESTORS & MEDIA Neil Young Managing Director info@elixirenergy.com.au Phone +61 8 7079 5610 www.elixirenergy.com.au www.elixirenergy.com.au