Great Eastern Energy Corporation Limited

Great Eastern Energy — Investor Presentation (October 2013)

24 slides from Great Eastern Energy's investor presentation, October 2013

  1. Slide 1: Corporate Presentation October 2013

    Corporate Presentation October 2013

  2. Slide 2: Key Messages: A Substantially De-risked Fully Integrated Indian Gas Play

    Key Messages: A Substantially De-risked Fully Integrated Indian Gas Play  Strong market dynamic – expected 10% increase per year in natural gas demand in India for the next five years  Net 3P & 3C recoverable reserves of 242.2 & 325.8 BCF respectively  Direct market accessed via own dedicated pip

  3. Slide 3: Supply / Demand Dynamics For Indian Gas

    Supply / Demand Dynamics For Indian Gas AN ATTRACTIVE MARKET FOR YEARS TO COME 2011-12, Gas Supply By Source Gas Supply Projections (MMSCMD) 400 Imports- 359 LNG 350 Existing NOC, 306 Existing PVT / 38% 300 258 Pvt/JV's JV, 37% 246 250 187 209 NOC 200 177 171 159 150 124 Domestic Sources 100 50 Tota

  4. Slide 4: Our CBM Blocks

    Our CBM Blocks Raniganj (South) block • License area 210 Sq KM • Estimated Gas in Place 2.40 TCF • Situated in West Bengal’s industrial belt • Area is a hub of various SME’s Raniganj (South) Midstream Mannargudi block Tamil Nadu • License area 667 Sq KM Downstream • 0.98 TCF Gas in Place as per DGH

  5. Slide 5: GEECL: A Leading And Fully Integrated CBM Company

    GEECL : A Leading And Fully Integrated CBM Company OPERATIONAL DELIVERY – KEY ACHIEVEMENTS  Raniganj (South) Block, West Bengal — 2.40 TCF of OGIP — 153 wells drilled — 147 wells to be drilled; Total 300 wells — Production 20.4 mmscfd — Increase of 7% in 3P reserves from May 2012, and 47% from Sep

  6. Slide 6: Raniganj (South) Block

    Raniganj (South) Block SIGNIFICANT RESERVES UPGRADE  Assessment provided by independent reserve engineers Advance Resources International, Inc. (ARI)  Increase of 2% in Original-Gas-In-Place (OGIP) to 2.40 TCF from 2.35 TCF — Increase of 7% in gross Proven, Probable and Possible reserves (3P) from

  7. Slide 7: Our Region: An Industrial Powerhouse

    Our Region: An Industrial Powerhouse WE SERVE A LARGE, GROWING INDUSTRIAL REGION WITH A GAS DEFICIENCY  Situated in central West Bengal  Asansol and Durgapur key cities with major development at Durgapur  Asansol / Raniganj / Durgapur is hub of Steel, Chemical, Food & Engineering Industries  Ran

  8. Slide 8: Developing Customer Relationships

    Developing Customer Relationships CONTINUING TO LEVERAGE OUR INFRASTRUCTURE ADVANTAGE 8

  9. Slide 9: Slide 9

  10. Slide 10: CNG Station – IOCL / BPCL Outlet

    CNG Station – IOCL / BPCL Outlet Savings of up to 60% by using CNG 10

  11. Slide 11: Mannargudi Block

    Mannargudi Block NEXT BUILDING BLOCK OF LONG-TERM GROWTH Attractive Asset With Strong Potential  667 square kilometres  0.98 TCF gas in place as per DGH  Single seam of upto 80 m  High permeability expected  Existing Pipeline infrastructure  IOCL intends to lay a new pipeline Progress  Petrol

  12. Slide 12: Pricing Environment

    Pricing Environment Liquid Fuel Price ($/MMBTU) 40 37.91 37.82 36.26 36.78 34.92 35 33.37 30.33 29.60 30 30.31 25 23.69 23.59 27.0 22.57 23.35 22.18 23.01 22.78 21.81 20 Dec Jan Feb Mar Apr May June July Aug FO Commercial LPG  Andhra Pradesh power producers paid up to $30 / mmbtu for delivered LNG

  13. Slide 13: Outlook: ONGC Raniganj (North) Block

    Outlook : ONGC Raniganj (North) Block OFFER OF PARTICIPATING INTEREST FROM ONGC Attractive Asset Farm-In  350 square kilometres  Awarded a 25% Participating Interest  1.5 TCF gas in place as per DGH  Joint Operatorship Agreement and requisite  Adjacent to our Raniganj (South) block approvals ar

  14. Slide 14: Deviated Drilling

    Deviated Drilling Accelerated Production At Lower Cost  Multiple wells from the same geographic location  Inter-location movement is not needed between wells — Equipment rig up / down in a few hours, not a few days — Results in faster completion and saving in costs  Reduces internal pipeline infr

  15. Slide 15: Coil Tube Fracturing

    Coil Tube Fracturing  Coil-tubing hydra-jetting perforation gives larger dia holes with better penetration  Single run can complete multi-stage completion  Easy sand cleaning by reverse circulation  No Explosives needed 15

  16. Slide 16: CBM Well vs Conventional Gas Well Daily Production

    CBM Well vs Conventional Gas Well Conventional Gas Gas Daily Production Water Time CBM Production Gas Daily Production Water Dewatering Stable production Decline Time 16

  17. Slide 17: Environmental Stewardship Strategy In Development Of CBM

    Environmental Stewardship Strategy In Development Of CBM MAINTAINING INTERNATIONAL QUALITY, HEALTH, SAFETY & ENVIRONMENT STANDARDS  First CBM company in India to be accredited with ISO:9001, OHSAS:18001, and ISO:14001  Use of newer exploration and evaluation techniques for quantification of CBM Re

  18. Slide 18: A Responsible Partner To Our Local Communities

    A Responsible Partner To Our Local Communities WE REMAIN COMMITTED TO CORPORATE SOCIAL RESPONSIBILITY  Medical camps  Blood donation camps Health  Health awareness program  Blanket distribution to the underprivileged  Built study centre & distribution of books  Arrange evening classes for seni

  19. Slide 19: A Responsible Partner To Our Local Communities

    A Responsible Partner To Our Local Communities ECONOMIC TIMES AWARD FOR CORPORATE SOCIAL RESPONSIBILITY 19

  20. Slide 20: A Responsible Partner To Our Local Communities

    A Responsible Partner To Our Local Communities IMPROVING WELL-BEING WHERE WE OPERATE 20

  21. Slide 21: Summary and Outlook

    Summary and Outlook  Drill around 40 wells per year  Secure approvals to start work on the Mannargudi Block  Secure approvals and finalise agreements for the Raniganj (North) Block  Looks for existing CBM acreage with operatorship  Bid for new acreage 21

  22. Slide 22: Slide 22

  23. Slide 23: A ct =

    A ct = ox eane\ = ees eeeSv ee VS es eS ee

  24. Slide 24: www.geecl.com

    1 www.geecl.com 24

Great Eastern Energy — Investor Presentation (October 2013) on 6ix