Strategic Energy Resources Limited · ASX:SER
Strategic Energy Resources — Shareholder Meeting (May 2008)
10 slides from Strategic Energy Resources's shareholder meeting presentation, May 2008
Slide 1: Strategic Energy Resources
ke ae is ESIN.L. STRATEGIC ENERGY RESOURCES
Slide 2: A new name – a new future
“A new name – a new future” The change of name brings a new era and a revised focus. SER will be a company focussed on Strategic Energies. This presentation provides o Background behind the name change o Observations on the current finance market as it affects SER o A position summary of SER’s exist
Slide 3: Some thoughts behind the name change
The company is changing from a public no liability company to a public company limited by shares primarily as the NL status no longer provides any advantage, and is confusing to overseas investors. The change in name reflects a rejuvenation of the company after being in a holding pattern since event
Slide 4: Global financial market conditions have worsened
Global financial market conditions have worsened .... as the fallout from the subprime mortgage crisis widens. What began as a test of the structured credit markets and the associated funding needs has reached a new phase where credit concerns now extend beyond the subprime sector. Source:IMF
Slide 5: Observations on the current finance market as it affects SER
Includes all ASX listed oil and gas companies that provided Jan quarter reports except new listings in 2007/8 Based on ASX quarterly reports, EBR/SER sits near the top of its peer group in relation to cash resources. It has solid assets which will take time to deliver returns. With the current credi
Slide 6: Gippsland Basin Offshore
Gippsland Basin Offshore : Vic/P41 (17.5%), Vic/P47 (25%), Vic/P65 (100%), New Application (23%) Vic/P47 Vic/P65 The Gippsland Basin assets represent a solid base in a prolific basin where for the most part, only the large “easy” petroleum has been discovered, with the next tier of hydrocarbon pools
Slide 7: PEL-182 Cooper Basin – (37.6% interest)
PEL‐182 Cooper Basin – (37.6% interest) Emily‐1 Sarahlyn‐1 Vanessa‐1 June 2007 PEL‐182 Gas Discovery – cased 300 Sq Km 3D Emily‐1 Jan 2006 Vanessa‐1 Oil Recovery – cased Permian Gas Discovery Sarahlyn‐1 May 2007 Jasmine‐1 Dry P&A Jasmine‐1 Dec 2007 Dry P&A One small gas discovery and a sub‐commercia
Slide 8: Uley Graphite Mine, Port Lincoln, SA
ULEY GRAPHITE MINE PORT LINCOLN, SA – (100% and diluting to 25% free carry) ULEY GRAPHITE ADELAIDE Koala at nearby Mikkira Station The Uley Graphite project contains a world class resource of high grade flake graphite. High purity graphite has the capacity to store heat (energy) for many days, provi
Slide 9: Minerals Assets
Minerals Assets An independent review of the minerals assets has been completed by Snowden Mining Industry Consultants. Three key tenements (Tregalana, Cultana and Whyalla) in South Australia have been sold to an unrelated group for shares. The sale is subject to the group achieving a new float in m
Slide 10: New Business Opportunities
Top on the wish list for SER is cash flow. The existing assets are very solid and SER will consider whether they can be exchanged for cash flow or near cash flow ventures. SER’s management team is looking at a range of Energy opportunities that and could be in the form of farmins, vend‐in of third p
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