Enegex Limited · ASX:ENX
Enegex — Enegex NL — Investor Presentation (November 2015)
10 slides from Enegex's investor presentation, Nov 26, 2015
Slide 1: Enegex NL Corporate Presentation November 2015
For personal use only Enegex NL (ASX Code: ENL) Corporate Presentation November 2015
Slide 2: Company Snapshot
Company Snapshot Key Figures For personal use only Share Price Chart 2
Slide 3: Our People
Our People Directors Project Consultants For personal use only Graeme Menzies, Chairman Dr Simon Sturrock, Explorationist • Solicitor in private practice for over 40 years in all • Seismic Interpretation and Sequence Stratigraphy aspects of Corporate Law specialist. • 35+ years experience as a Direc
Slide 4: Greater Cornea Fields
Greater Cornea Fields WA-54-R Retention Lease over For personal use only Greater Cornea Fields (14.85% interest) - 150km offshore - 85-95m water depth Discovered 1997 by Shell and appraised by Cornea JV in 2009. Fields already delineated by 10 exploration & appraisal wells Technical challenges: - es
Slide 5: The Prize
The Prize • Perhaps Australia’s largest undeveloped oil field For personal use only • Cornea OIIP (unrisked) 100% P50 – 412 mmbbl • Overcoming technical and economic challenges opens Enegex up to “The Prize”, which is • Unrisked P50 OIIP - Enegex 14.85% share - 60 mmbbl 5
Slide 6: Cornea Field Design
Cornea Field Design • Objectives: For personal use only – Keep potential infrastructure simple and highly cost effective – Minimise capital investment until economics & production capacity proven – Ability to scale up for progressive development • Initial field design and concept selection work unde
Slide 7: Year-2 RL Program
For personal use only Year-2 RL Program • RL Year-2 ends May 2016 • Year-2 work focus is on: – Oil Price Studies – Economic Studies – Assessment of Technology, Hardware and Infrastructure – Field Development Studies
Slide 8: Current Cornea Focus
For personal use only Current Cornea Focus • Fiscal discipline in place • Diligently progressing RL work program • Develop potential appraisal/development alliances for Cornea development • Search for innovative cost effective drilling and production solutions 8
Slide 9: Medium Term Corporate Strategy
For personal use only Medium Term Corporate Strategy • Participation in the Greater Cornea program • Be open to new opportunities • Screen of new opportunities • Need for modest capital raising 9
Slide 10: Notices - Disclaimer
Notices Disclaimer For personal use only This presentation may contain forward looking statements, not based on historical fact, that are subject to risk factors associated with oil and gas businesses. While it is believed the expectations reflected in these statements are reasonable, they may be af