New Zealand Energy Corp. · TSXV:NZ
New Zealand Energy — Investor Presentation (March 2024)
14 slides from New Zealand Energy's investor presentation, March 2024
Slide 1: Strategic Player in the Future of New Zealand Energy
Strategic Player in the Future of New Zealand Energy TSXV:NZ March 2024
Slide 2: Immediate Positive Cash-flow Opportunities
TSXV:NZ March 2024 WHY NEW ZEALAND ENERGY CORP Immediate Positive Cash-flow Opportunities Undeveloped known 6-10 month pathway A premium Reserves & Resources to new gas production gas market 6.88PJ (5.50 Bcf) gas of proved plus Restoration projects planned for low An isolated country with no gas imp
Slide 3: Capital Structure
TSXV:NZ March 2024 Ticker TSXV.NZ Capital Share Price* $0.75 Structure Market Cap* $6.2M Common Shares 8.32M Warrants Nil Options Nil Fully Diluted 8.32M Company is DIVIDEND oriented first, growth second Convertible Debt $2.5M (CAD) Spot Gas price in NZ is NZ$14/GJ (C$11.50/GJ) SHAREHOLDER DISTRIBUT
Slide 4: A Proven Track Record of Success
TSXV:NZ March 2024 NEW ZEALAND ENERGY TEAM A Proven Track Record of Success Responsible appraisal & development of over 500 million barrels James Willis Frank Jacobs Mike Adams Jason Peacock Chairman CEO & Director COO & Director General Manager Former Bell Gully partner with NZEC largest shareholde
Slide 5: New Zealand’s Oil Province of Taranaki
TSXV:NZ March 2024 THE REGION New Zealand’s Oil Province of Taranaki New Plymouth Office Flagship Tariki Project 2024 objectives: Tariki Gas Field Stage 1 - Redevelop Gas Field with Tariki-5 well in Q2 2024 Stage 2 – Convert to Gas Storage Project for first injection in Q4 2025 Waihapa Oil field Wai
Slide 6: A Fully Stacked Portfolio
TSXV:NZ March 2024 ASSETS & INFRASTRUCTURE A Fully Stacked Portfolio Tariki Undeveloped Gas Reserves Exploration Tikorangi Oil Waihapa/Ngaere Gas Storage Project Existing Tikorangi Oil Field Appraisal – Shallower Mt Messenger Oil – (Waihapa-G plus others) Appraisal – Kapuni Group Gas Copper Moki CCU
Slide 7: Construction For Production
TSXV:NZ March 2024 PROVISIONAL 2024 ACTIVITY PLAN Construction For Production 1. Copper Moki-A 100% 2. Tariki-5 50% 3. Waihapa 50% APR/MAY 2024 JUN/JUL 2024 APR/MAY 2024 Restore Site to Production Gas Development H1 Clean Out Workover CM-1 with Rig Drill Well to develop 6.9 PJ of gas Clean out of co
Slide 8: Tariki-5 $50M
TSXV:NZ March 2024 NZEC’S FLAGSHIP PROJECT Tariki-5 Tariki Sandstone Structure Cross Section Trajectory Tariki-2C Tariki-5 RevA0 Reserves Summary Tariki-2A 3.2 6.9 1P 2P PJ* PJ* Tariki-D1 Tariki-2B Tariki-4 $50M * Pre-Tax 2P Undiscounted Net Cashflow (NZD) 1 Tariki-4A Tariki-5 Tariki-1A RPS forecast
Slide 9: First Year Cashflow Operation per Share
TSXV:NZ March 2024 First Year Cashflow Operation per Share Cashflow per Month Equity Genesis Finance Condensate Price 70.00 US$/BBL Gas Gross Revenue (NZD) $5,400,000 Gas Price 9.00 NZ$/MCF Condensate Revenue (NZD) $2,116,800 Flow Rate Gas 20 MMCFD Gross revenue to JV (NZD) $7,516,800 Condensate 30
Slide 10: Tariki-5 Gas Development – Financials
TSXV:NZ March 2024 2024 ACTIVITY PLAN Tariki-5 Gas Development – Financials Tariki-5 Gas-Condensate Project (Stage 1) ▸ 2P Production via Early Production System Commencing Sep/Oct 2024 ▸ Gas ~8.5 mmscf/d (i.e. 9 TJ/day ) gross (100% share) ▸ Condensate 255 stb/d gross (100% share) ▸ 1.5 PJ and 50 m
Slide 11: Tariki-5 Forecast Production
TSXV:NZ March 2024 PROJECTIONS Tariki-5 Forecast Production Well expected to produce: >10 MMscf/d for the first 6 months (facility constrained) 20 > 20 MMscf/d >20 MMscf/d Thereafter from April 2025 onwards 15 High Condensate rates initially of: 300 bbls initially with a total of 600 bbls after 6 mo
Slide 12: Production Upside Potential ($NZD)
TSXV:NZ March 2024 2024 ACTIVITY PLAN Production Upside Potential ($NZD) $ $CAD to $NZD = $0.80 Copper Moki-1 100% Waihapa-H1 50% Tariki-5 50% Copper Moki-4 100% Waihapa-G 50% 0.9 Month 0.3 Month 3.7 Months 3.9 Month 2.5 Months 88 Pay Back Period $200k 292 Pay Back Period $125k 453 BOE Pay Back Peri
Slide 13: Cautionary Notes
TSXV:NZ March 2024 Cautionary Notes FORWARD-LOOKING INFORMATION This document contains certain forward-looking information and forward-looking statements within the meaning of applicable securities legislation (collectively “forward-looking statements”). The use of any of the words “will”, “objectiv
Slide 14: For more information please contact
TSXV:NZ For more information please contact: info@NewZealandEnergy.com NewZealandEnergy.com
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