Elixir Energy Limited · ASX:EXR
Elixir Energy — Investor Presentation (February 2023)
26 slides from Elixir Energy's investor presentation, Feb 14, 2023
Slide 1: Presentation to New Zealand Investors
For personal use only Presentation to New Zealand Investors 14 February 2023 ASX:EXR
Slide 2: 1. The Company
For personal use only 1. The Company 2
Slide 3: Company Overview
Company Overview For personal use only Nomgon CBM Project - Gobi H2 Project - Grandis Gas Project - Mongolia Mongolia Queensland • 100% owned CSG project • Partnering with SB Energy • 395 Bcf 2C contingent resources booked • Excellent location next to • Proximity to market the key China for H2 succe
Slide 4: Capital Structure / Board and Highly experienced team
Capital Structure / Board Highly experienced team Richard Cottee Non-Executive Chairman For personal use only Capital Structure Current (pre-raise) Former Managing Director of CSG focused Queensland Gas Corporation (QGC), taking it from market cap of $20M to $5.7B No of Shares 912M Other former CEO
Slide 5: 2. Grandis Gas Project
2. For personal use only Grandis Gas Project 5
Slide 6: Regional Location
Regional Location Area of 1,000 km2 For personal use only located close to existing gas transmission infrastructure Connected to domestic and international markets Easy access to well locations by road Established oil and gas province for many decades
Slide 7: Adjacent to existing and proposed pipelines
Adjacent to existing and proposed pipelines For personal use only
Slide 8: Initial Contingent Resource Booking
Initial Contingent Resource Booking For personal use only ATP 2044 - Grandis Gas Project Contingent Resources (100% WI) Units 1C 2C 3C Gas Initially In Place (GIIP) BCF 2,128 7,007 22,699 Recoverable Gas BCF 93 395 1,493 Recoverable Condensate MMbbl 0.7 3.6 17.3 Note: These are unrisked contingent r
Slide 9: Attractive to major industry players
Attractive to major industry players For personal use only “It is true that we have to replace • Gas from this project can reach world Russian oil and gas… markets quickly via Gladstone ..This can be done with the existing • The Taroom Trough contains oil and gas resources in the world… discovered c
Slide 10: Upcoming regional activity
Upcoming regional activity For personal use only • Discovered resources in the Taroom Trough can be developed relatively quickly to meet local and international demand • Elixir is one of a number of operators planning to drill in the Taroom Trough in 2023 • Elixir is seeking integration benefits fro
Slide 11: Daydream-2 – a high impact well
Daydream-2 – a high impact well Elixir’s 2023 plans For personal use only • Elixir is pursuing a number of funding mechanisms for the Daydream-2 appraisal well (e.g. partnering of various types, Govt support, etc) • Newsflow will build up through the year • Daydream-2 is planned for around the end o
Slide 12: 3. Nomgon CBM PSC
For personal use only 3. Nomgon CBM PSC 12
Slide 13: CBM Asset Overview
CBM Asset Overview Elixir’s foundation – the 100% owned For personal use only 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 leading skills to Mongolia Located on Mongoli
Slide 14: Extended Pilot Production Test
Extended Pilot Production Test Aim For personal use only • Dewater coals and flow gas from the Nomgon CBM discovery • Provide proof of concept for commercial development • First extended production test in Mongolia Wells • 2 production wells 100m apart • Depth to coal ~450m • Pressure monitoring wel
Slide 15: On Pathway to Commerciality
On Pathway to Commerciality • Commerciality of CBM production is a function of the following key factors: For personal use only – Estimated ”type curve” of CBM production from an average well – Nomgon-9 to date has a better production profile than in a large producing Chinese field to the South – se
Slide 16: 2023 Work-plan
2023 Work-plan Pilot(s) For personal use only • 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
Slide 17: 4. Gobi H2
For personal use only 4. Gobi H2 17
Slide 18: Gobi H2 Project
Gobi H2 Project • Mongolia combines: MOUs with SBE and For personal use only • Exceptional renewable Govt resources • A H2 market that can be Pilot pre-feasibility reached by pipeline not boat results due soon • These advantages make Gobi H2 a potential global Tier One Targeting local and green hydr
Slide 19: An Advantageous Location for H2 Production
An Advantageous Location for H2 Production For personal use only Large steel mills 19
Slide 20: Hydrogen Delivery Costs
Hydrogen Delivery Costs • Around 2/3 of the cost of Cost of gas-to-gas hydrogen transportation, including conversion and reconversion - 2030s For personal use only producing green H2 are For hydrogen production of ~15PJ/year the cost of renewables • Shipping H2 by boat costs multiples (~$20/GJ) of s
Slide 21: Partnering with SB Energy
Partnering with SB Energy For personal use only • Elixir is a small (but nimble) ASX listed company that has been developing the Gobi H2 project – the first of its kind in Mongolia • In mid-2022 Elixir signed a MOU with SB Energy (SBE) under which both parties have been pursuing the potential develo
Slide 22: 5. Summary
For personal use only 5. Summary 22
Slide 23: Corporate Highlights
Corporate Highlights For personal use only High impact Daydream-2 CBM pilot production test Strong balance sheet and 100% appraisal well due late 2023 passes milestone of gas asset ownership provides 100,000 scfd maximum strategic optionality Highly experienced teams in Ukraine war highlighted Elixi
Slide 24: Important Notice & Disclaimer
Important Notice & Disclaimer For personal use only 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 providin
Slide 25: Appendix: Methodology and Competent Person
Appendix Methodology: For personal use only 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
Slide 26: Investors & Media
INVESTORS & MEDIA For personal use only Neil Young Managing Director info@elixirenergy.com.au Phone +61 8 7079 5610 www.elixirenergy.com.au www.elixirenergy.com.au
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