3d Energi Limited · ASX:TDO
3d Energi — Shareholder Meeting (October 2024)
26 slides from 3d Energi's shareholder meeting presentation, Oct 24, 2024
Slide 1: Annual General Meeting October 2024
For personal use only Annual General Meeting 2024 ANNUAL GENERAL MEETING OCTOBER 2024 Mr Noel Newell Executive Chairman 1 3D Energi Limited (ASX: TDO)
Slide 2: Disclaimer
Annual General Meeting 2024 DISCLAIMER This presentation contains certain statements which may constitute “forward-statements”. Such statements are only predictions and are subject to inherent risks and For personal use only uncertainties which could cause actual values, results, performance or achi
Slide 3: Company Overview
Annual General Meeting 2024 COMPANY OVERVIEW An experienced oil and gas explorer poised to deliver transformational growth… For personal use only Shares on Issue Share Price Market Cap Top 20 Shareholders Market 331.4m 7.0¢ 22/10/2024 23.20m 54.9% 0.09 4 Capital raise completed ($3.3M) Cash Balance
Slide 4: We are on a transformational pathway
For personal use only Annual General Meeting 2024 We are on a transformational pathway, emerging from an explorer to potential producer and an important player in the Australian energy sector. 4
Slide 5: Strategically positioned adjacent to east coast gas market
Annual General Meeting 2024 WA-527-P (100%) Bedout Sub-Basin Oil and gas exploration 349MMbbls* Best Estimate Prospective Resource For personal use only We are strategically positioned adjacent to the under supplied east coast gas market and progressing towards our goal of becoming an east coast gas
Slide 6: East Coast Gas Demand Is Strong
Annual General Meeting 2024 EAST COAST GAS DEMAND IS STRONG All evidence points to strong future demand for east coast gas. ▪ AEMO forecasts a supply gap of 150+PJ from the mid-2030s even with a For personal use only significant diversion from LNG in the north. While we invest in cleaner and cheaper
Slide 7: Placing Our Prospective Resources in Context
Annual General Meeting 2024 PLACING OUR PROSPECTIVE RESOURCES IN CONTEXT 12 Tcf gross prospective resource have been identified in 3D Energi exploration permits across Bass Strait. For personal use only 3D Energi net share Otway 2022 Victorian gas consumption prospective resources 2180 PJ1 214.5PJ 2
Slide 8: We Are Executing Our Corporate Strategy
Annual General Meeting 2024 WE ARE EXECUTING OUR CORPORATE STRATEGY 3D Energi is progressing its work programs by attracting key joint venturers to realise value for shareholders. use only Traditional value lift pyramid for oil and gas companies Value realisation Development & production Increasing
Slide 9: The Otway Exploration Drilling Program (OEDP)
Annual General Meeting 2024 THE OTWAY EXPLORATION DRILLING PROGRAM (OEDP) 3D Energi believes it has a significant role to play in securing the future energy need of Victoria. Potential distribution of OEDP wells For personal use only 3 ≤ 6 2 OEDP OEDP Phase 1 operational areas Exploration wells* Exp
Slide 10: The success of an exploration drilling campaign can transform a small explorer
For personal use only Annual General Meeting 2024 THE SUCCESS OF AN EXPLORATION DRILLING CAMPAIGN CAN TRANSFORM A SMALL OIL AND GAS EXPLORER 10 10
Slide 11: Pathway to the OEDP
Annual General Meeting 2024 PATHWAY TO THE OEDP We are poised to undertake a potentially transformational exploration program For personal use only 2024 Drill Planning Environment Subsurface 2 Exploration Wells ≤4 Exploration Wells Contracting and procurement Preparation and assessment Processing an
Slide 12: Value lift milestones delivered toward 2025 OEDP
For personal use only Annual General Meeting 2024 Over the past 12 months we have delivered numerous value lift milestones as we progress toward the 2025 Otway Exploration Drilling Program, providing a transformational opportunity for shareholder value. 12 12
Slide 13: FY24 OEDP – Drill Planning
Annual General Meeting 2024 FY24 OEDP – DRILL PLANNING For personal use only • Major OEDP Phase 1 drilling contracts completed in preparation for 2025 exploration drilling campaign. • Transocean Equinox mobilised from Norway to Australia via Singapore for Shell drilling program on the Northwest Shel
Slide 14: FY24 OEDP – Environment
Annual General Meeting 2024 FY24 OEDP – ENVIRONMENT For personal use only • 3271km2 Environmental Plan (EP) submitted to the regulator NOPSEMA for approval of the drilling of up to 6 exploration wells. • Exploration activities refined to optimise OEDP operational areas and cap well numbers within de
Slide 15: FY24 OEDP – Subsurface
Annual General Meeting 2024 FY24 OEDP – SUBSURFACE For personal use only Original La Bella 3D • 1135km2 La Bella 3D seismic reprocessed provided significant uplift in image quality, particularly over Monarch and Rosetta prospects. • Reprocessing uncovered Direct Hydrocarbon Indicator at Monarch Pros
Slide 16: Low Risk Drill Targets Proximal to Infrastructure
Annual General Meeting 2024 LOW RISK DRILL TARGETS PROXIMAL TO INFRASTRUCTURE VIC/P79 permit map showing leads and prospects • Proximal to La Bella gas discovery For personal use only • Similar geophysical response to La Bella • Low risk drill targets with direct hydrocarbon indicators, including am
Slide 17: FY24 OEDP – Commercial
Annual General Meeting 2024 FY24 OEDP – COMMERCIAL • OEDP operational areas have different exploration maturities For personal use only and commercialisation priorities. • OEDP Phase 1 drilling target flexibility through amendment to COPA farmout agreement allowing T/49P exploration well carry to be
Slide 18: Regia 3D – Facilitating Phase 2 Otway Drilling in VIC/P79 North
Annual General Meeting 2024 REGIA 3D – FACILITATING PHASE 2 OTWAY DRILLING IN VIC/P79 NORTH Regia 3D seismic For personal use only 1000 km2 minimum work commitment Targeting northern VIC/P79 Netherby ▪ Regia 3D covers VIC/P79 North Henry OEDP operational area, currently devoid of 3D seismic. Casino
Slide 19: FY25 OEDP Timeline of Key Events
Annual General Meeting 2024 FY25 OEDP TIMELINE OF KEY EVENTS 2025 exploration drilling program largely funded by Joint Venture partner ConocoPhillips Australia1. For personal use only Environmental Plan Procurement Submission / of key drilling Selection of Final Rig contract Assessment items EP Acce
Slide 20: The Northwest Shelf represents a diversification of the portfolio
For personal use only Annual General Meeting 2024 The Northwest Shelf represents a diversification of 3D Energi’s portfolio, where we are targeting outstanding oil prospectivity within the Bedout Sub-Basin 20 20
Slide 21: WA-527-P – Bedout Sub-Basin, Northwest Shelf
Annual General Meeting 2024 WA-527-P – BEDOUT SUB-BASIN, NORTHWEST SHELF For personal use only 3D Energi has identified significant oil prospectivity across an area adjacent to Project equity Rowley Dorado, the largest Australian Sub-Basin oil discovery on the NW shelf in 30 years. 100% Broome ~6580
Slide 22: Sauropod MC3D Seismic Survey Planning
Annual General Meeting 2024 SAUROPOD MC3D SEISMIC SURVEY PLANNING A A’ For personal use only Planning of the Sauropod 3D Dorado analogy seismic survey is advanced, and the Environmental Plan will allow for acquisition in 2024 or 2025. Canyon system at Dorado Field1 3447km2 Sauropod 3D seismic will e
Slide 23: FY24 Activities
Annual General Meeting 2024 FY24 ACTIVITIES For personal use only • The Sauropod 3D Environmental Plan (EP) preparation and approvals process was a core focus for FY24 SALAMANDER • Sauropod 3D seismic will evaluate the potential for traps within the observed Dorado analogue canyon system from reproc
Slide 24: Gas Storage Exploration – Caroline
Annual General Meeting 2024 GAS STORAGE EXPLORATION – CAROLINE The diversification of energy solutions is consistent with future domestic energy demands. For personal use only The depleted Caroline gas reservoir • Centrally located around the plugged and abandoned Caroline-1 wellhead, over part of t
Slide 25: 2023 to 2025 Progress and Outlook
Annual General Meeting 2024 2023 2024 2025 For personal use only On the move Transformational Delivering Prospective Otway portfolio Drilling preparations advanced OEDP Phase 1 drilling program Robust portfolio of near-field exploration Rig arrival in Australian waters and major Two firm Otway explo
Slide 26: Subscribe to receive latest news and updates
For personal use only Annual General Meeting 2024 Subscribe here to receive latest news and updates Noel Newell Executive Chairman info@3denergi.com.au +61 3 9650 9866 26 3D Energi Limited, Melbourne, VIC 3000, 3denergi.com.au