Tlou Energy Ltd · ASX:TOU
Tlou Energy — Investor Presentation (December 2023)
16 slides from Tlou Energy's investor presentation, Dec 15, 2023
Slide 1: Lesedi Gas-to-Power Project, Botswana
For personal use only Lesedi Gas-to-Power Project Botswana Tlou Energy Limited
Slide 2: Disclaimer
Disclaimer These presentation materials and any accompanying oral presentation (together, the “Presentation Materials”) is dated 15 December 2023 and has been prepared by Tlou Energy Limited (“Tlou”or the “Company”) in relation to an offer of shares in the Company under a non-renounceable entitlemen
Slide 3: Disclaimer continued
Disclaimer continued This presentation is not a prospectus, product disclosure statement or other offer document under Australian law (and will not be lodged with the Australian Securities and Investments Commission (ASIC)) or any other law. The Presentation Materials do not, and should not be consi
Slide 4: Disclaimer continued
Disclaimer continued WARNING: You are advised to exercise caution in relation to the Presentation Materials. If you are in any doubt about any of the contents of these Presentation Materials, you should obtain independent professional advice. An investment in the Company’s shares is subject to inves
Slide 5: Tlou Energy: Gas Production & Power Generation for Botswana
• Tlou is developing a gas to power project in Botswana Tlou Energy …Gas Production & Power • Strategic location in Botswana Generation for Botswana For personal use only • 10MW Power Purchase Agreement signed with BPC • Environmental approvals in place • Electricity generation licence secured • Gas
Slide 6: Location
Location For personal use only Project located in Botswana’s Central District Tlou Energy Limited 6
Slide 7: Regional Power Demand
Regional Power Demand For personal use only Cumulative investment in new generation capacity required to meet expected demand 2016-2030 (USD bn) Tlou Energy Limited 7
Slide 8: Lesedi Gas-to-Power project – Ongoing operations
Lesedi Gas-to-Power project – Ongoing operations The first phase of development at Lesedi is a 10MW gas fired generation project. For personal use only Completed Ongoing Planned ➢Production Licence secured – ➢Transmission Lines (97% ➢Drilling of additional gas valid until 2042 complete) and Substati
Slide 9: Power Market and Gas Reserves
Power Market and Gas Reserves Significant Regional Power Demand Gas Reserves and Contingent Resources For personal use only • Botswana(1) • 2P Reserves • Power demand (2020/21) 587 MW • ~41 Billion Cubic Feet (BCF) (2) • Net imports (2020/21) 311 GWh (~6.8 million barrels of oil equivalent (MMboe)(3
Slide 10: Independent Gas Reserves Certification
Independent Gas Reserves Certification(1) 0.35 BCF (1P) 40.8 BCF (2P) 426.6 BCF (3P) (1) (2,4) Gas Reserves Gas Contingent Resources For personal use only 1P 2P 3P 1C 2C 3C Location Project Tlou Interest (BCF) (BCF) (BCF) (BCF) (BCF) (BCF) Lesedi CBM Karoo Basin Botswana (Lower Morupule coal) 100% 0
Slide 11: Power Generation in Botswana
Power Generation in Botswana ✓ Lesedi Gas-to-Power project being developed For personal use only ✓ First revenue expected in 2024 ✓ 10MW Power Purchase Agreement (PPA) ✓ Expansion beyond 10MW planned ✓ Gas reserves ✓ All key approvals secured Tlou Energy Limited Botswana: +267 316 0857 Australia: +6
Slide 12: Appendix: Additional Information
For personal use only Appendix Additional Information Tlou Energy Limited 12
Slide 13: Corporate Information
Corporate Information ➢ Triple listed: o Australian Securities Exchange – ASX Shareholdings o London Stock Exchange – AIM For personal use only o Botswana Stock Exchange – BSE ➢ Issued share capital: 1,043,982,357 34% ➢ Top 20 holders: ~70% Including: 29% o ILC Investments 34.2% 25% o Anthony Gilby
Slide 14: Board
Board Martin Gabaake G. Colm McIver Gabaake Cloonan For personal use only Non-Executive Chair Executive Director Finance Director & CFO Geologist, former Botswana Finance professional; 20+ years experience in finance 20+ years experience and mining services Permanent Secretary at Ministry of Mineral
Slide 15: Lesedi Gas-to-Power project – Operations Facility
Lesedi Gas-to-Power project – Operations Facility Tlou has constructed a purpose-built operations base to facilitate working in a remote area and to allow for rapid expansion. For personal use only Tlou Energy Limited 15
Slide 16: Gas Production
Gas Production Tlou’s gas wells, referred to as ‘Dual lateral Pods’ For personal use only consist of two lateral wells that intersect with a vertical well to produce gas. Tlou Energy Limited 16