Tlou Energy Ltd · ASX:TOU
Tlou Energy — ASX Spotlight – Asia 2014
21 slides from Tlou Energy's conference presentation, May 22, 2014
Slide 1: ASX Spotlight – Asia
For personal use only ASX SPOTLIGHT – ASIA Hong Kong, 27th May 2014 Singapore, 29th May 2014 Anthony (Tony) Gilby, CEO
Slide 2: Disclaimer
Disclaimer For personal use only Disclaimer This presentation (Presentation) has been prepared by Tlou Energy Limited (Tlou). The Presentation and information contained in it is being provided to shareholders and investors for information purposes only. The information contained in this disclaimer d
Slide 3: Disclaimer (continued)
Disclaimer (continued) For personal use only Future performance This Presentation contains certain “forward-looking statements”. Forward looking words such as, “expect”, “should”, “could”, “may”, “plan”, “will”, “forecast”, “estimate”, “target” and other similar expressions are intended to identify
Slide 4: Tlou Energy Limited
Tlou Energy Limited For personal use only Tlou Energy - Overview Locations & Team Operations Lesedi CBM Project Resource Statement Commercialisation Forward Plan Summary 4
Slide 5: Tlou Energy – Overview
Tlou Energy – Overview Africa’s Most Advanced For personal use only Lesedi CBM Project CBM Company The most advanced unconventional gas project in Botswana – 100% owned Independently Certified Contingent Resources (NSAI) 152 BCF (2C) 2,322 BCF (3C) Significant market opportunity Strong demand Gas to
Slide 6: Locations
Locations Experienced Team with Established In-Country Presence For personal use only Australia: Brisbane Office Corporate Head Office Experienced Board and management team Africa: Johannesburg & Gaborone Offices Johannesburg - Administrative office Gaborone - In-country office Manages key
Slide 7: Team
Team Proven Track Record of Success For personal use only Board Nathan Mitchell Anthony (Tony) Gilby Chairman Chief Executive Officer 17 years in resource exploration Geologist with 28 years industry experience Executive Chairman of Mitchell Services Co-founder and previous CEO of Limited (A
Slide 8: Operations
Operations Botswana Activities For personal use only Tenement Position Exploration to Date Current Operational Focus ~7,000km2 of granted CBM 70+ wells drilled which has Lesedi CBM Project permits in the Karoo Kalahari provided a large database of Successfully completed 2013 Basin the area H
Slide 9: Botswana Field Camp
Botswana Field Camp For personal use only Main Operations Camp Purpose built 20-30 personnel onsite Permanent & temporary accommodation Full time security and medical support Fully equipped with critical machinery and spares Significant operational equipment & vehicles ~30 minutes to L
Slide 10: Lesedi CBM Project
Lesedi CBM Project Most Advanced CBM Project in Botswana For personal use only Two Horizontal Pilot Pods drilled in 2013: Three-well infill coring program successfully ― Lesedi completed in April 2014 ― Selemo ― Provides further data around pilot pods Pilot well design similar to successful me
Slide 11: Horizontal Well Design
Horizontal Well Design Horizontal Pilot Pods For personal use only Horizontal wells (~750m in-seam) with vertical intercept pumping well Lesedi completed with dual laterals Selemo completed as a single lateral Target Reservoir: Basal Morupule coal seam (~6m) Testing results will underpin r
Slide 12: Production Update
Production Update For personal use only May 2014 Lesedi Pilot Pod – Dual Lateral wells ― Dewatering continuing ― Pump capacity increased in May ‘14 ― Current water rate ~250+ barrels per day ― Larger reservoir area accessed by dual laterals (cf. Selemo) Selemo Pilot Pod – Single Lateral well ― C
Slide 13: Geological Prospectivity
Geological Prospectivity Coal Seams Display Attractive Features For personal use only Reservoir Distribution Wells intersect coals at depths of ~300-700m Cumulative net coal thickness averaging ~25m Coal seams laterally continuous Reservoir Properties Gas contents ~4m3/t Drill stem tests (
Slide 14: Independently Certified Contingent Resources (NSAI)
Independently Certified Contingent Resources (NSAI) For personal use only First CBM Operator in Botswana to achieve a NSAI Contingent Resource 152 BCF (2C) & 2,322 BCF (3C) contingent resources Significant resource expansion potential Current 2C resource certification covers <3% of the permit
Slide 15: Commercialisation
Commercialisation Numerous Local and Regional Opportunities For personal use only Local Botswana Opportunities Existing 10 PJ pa off-take opportunity in Botswana Gas replacement for diesel power Initial field production – CNG: To Kodibeleng (~80km), nearest sub-station Pipeline to Orapa (~
Slide 16: Botswana
Botswana Favourable Environment for Resource Investment For personal use only Growing economy Corruption Perceptions Index Stable, democratic government Low cost environment Local stakeholders supportive of Tlou’s activities given desire to: Score Very 9.0–10.0 ― Reduce foreign electricity C
Slide 17: Botswana Electricity Supply / Demand
Botswana Electricity Supply / Demand Estimate (MW) 1,200 For personal use only Demand far outweighs supply Peak demand ~600MW (2013 est.) 900 Supply Current local supply < 400MW commissioning (2013 est.) issues Daily power outages 600 SA (Eskom) imports 100MW Non-firm, expire 2015 Morupu
Slide 18: Botswana CBM Landscape
Botswana CBM Landscape Competitive Landscape For personal use only Tlou (and predecessors) have had continuous Botswana operations since 2007 Being in-country with advanced data allows Tlou to rapidly move towards commercialisation Other oil & gas companies that have had activities in the regi
Slide 19: Forward Plan
Forward Plan 2014/15: Focus on Reserves and Field Development For personal use only Demonstrate Assess data Conduct commercial Secure MOU from infill expanded gas flows at for gas coring program Lesedi & supply Selemo Pilot program Pods Complete dewatering Three-well infill coring Work commenc
Slide 20: Summary
Summary Aiming to become a key player in the solution to southern Africa’s energy crisis For personal use only CBM developer focussed on Botswana ASX: TOU Market Cap: ~A$49m Cash Balance: ~A$11.3m (March 2014) Independently Certified Contingent Resources (NSAI) Fully funded to complete C
Slide 21: Tlou Energy Limited contact details
For personal use only Tlou Energy Limited 210 Alice Street Brisbane QLD 4000 Australia www.tlouenergy.com info@tlouenergy.com