Hyterra Ltd · ASX:HYT
Hyterra — Investor Presentation (May 2023)
20 slides from Hyterra's investor presentation, May 29, 2023
Slide 1: Investor Presentation: Introduction to the Nemaha Ridge, Kansas
For personal use only | ASX:HYT INVESTOR PRESENTATION INTRODUCTION TO THE NEMAHA RIDGE, KANSAS | 29 MAY 2023
Slide 2: Important Information
Important Information Nature of document: This presentation has been prepared and issued by HyTerra Ltd (ABN 68 116 829 This presentation does not take into account the individual investment objectives, financial situation 675) (HyTerra or the Company) to provide general information about the Compan
Slide 3: Investment Highlights
Investment Highlights Early-stage investment to develop a primary source of hydrogen For personal use only First Mover Close to Right Targeted Maturing Advantage Market Address Leasing Quickly Joint development Our business is Purpose built Focussed on Advancing and well testing surrounded by datase
Slide 4: Our Team
Our Team For personal use only Benjamin Mee Avon McIntyre Executive Director Executive Director & Chief Technical Officer 20 years experience across project delivery, portfolio PhD in Geology with 20 years oil and gas exploration development and corporate strategy experience inc. 5 years in natural
Slide 5: Natural Hydrogen
Natural Hydrogen Potential to be the lowest cost and lowest emission supply For personal use only Carbon Intensive ◦ Generated continuously through naturally occurring processes in the subsurface ◦ Thousands of wells have encountered natural hydrogen – however there was previously no incentive to de
Slide 6: Our Strategy
Our Strategy For personal use only Vision Mission Intent Together we aim to build a Develop material production and Demonstrate the Mid-West, profitable natural hydrogen a dispatchable supply that offers USA is a platform for early business that will play a role in replenishing and affordable cash-f
Slide 7: Hydrogen roll-out will start in industrial hubs
““ For personal use only HYDROGEN ROLL-OUT WILL START IN INDUSTRIAL HUBS CUSTOMERS IN A GEOGRAPHICAL LOCATION THAT IS SELF-CONTAINED WITH LOW TRANSPORT COSTS Felipe Arbelaez | BP, Senior VP Hydrogen and CCS | World Hydrogen Summit, May 2023 Geoffrey Ellis | U.S. Geological Survey | Science, 2023
Slide 8: First Mover Advantage: Joint Development at Project Geneva, Nebraska
First Mover Advantage Joint Development at Project Geneva, Nebraska For personal use only Hoarty NE3 Wellsite ◦ 15% working interest in joint development with Natural Hydrogen Energy (the Operator) ◦ Includes worlds first wildcat well specifically targeting natural hydrogen (Hoarty NE3) in Geneva, N
Slide 9: Right Address
Right Address Purpose built dataset defines prospective area with natural hydrogen occurrences For personal use only ◦ Leveraging subsurface dataset of over 1,000 natural hydrogen occurrences across 35 states Nemaha Ridge between 1920 and 2022 Kansas ◦ Calibrated geological model supported by hydrog
Slide 10: Close to Market
Close to Market Surrounded by existing regional demand for energy and hydrogen For personal use only ◦ Simple philosophy – explore for resources close to Nebraska Hoarty NE3 customers Kansas ◦ Focussed on strategic location in central U.S. Interstate ◦ Existing local demand for affordable low carbon
Slide 11: Targeted Leasing
Targeted Leasing Focussed on acquiring leases with hydrogen occurrences For personal use only ◦ Building a portfolio of 100% owned and operated leases, starting in Riley, Geary and Morris Counties, Kansas Jeffrey Energy Centre 2,000MW (Largest in Kansas) ◦ Held leases includes several historical wel
Slide 12: Maturing Quickly
Maturing Quickly Advancing prospects to permitted well sites to realise our goal For personal use only SCR EEN ING USA Project MAT Geneva URA TION Building a Nemaha resource Ridge portfolio Mid-Western EXECUTION States Lease GOAL acquisition Subsurface (now) evaluation Flow Permit Well (now) Test IN
Slide 13: Nemaha Ridge, Kansas, USA
“ For personal use only Nemaha Ridge Kansas, USA Geoffrey Ellis | U.S. Geological Survey | Science, 2023
Slide 14: Mid-West Play Diagram
Mid-West Play Diagram A unique combination of critical success factors For personal use only Kansas H2 Occurrences ◦ Hydrogen is considered to be sourced from rocks within the Midcontinent Rift ◦ Hydrogen migration from Midcontinent Rift via faults to adjacent crestal highs ◦ Nemaha Ridge is the mos
Slide 15: Nemaha Ridge: Cross section of well data along the crest
Nemaha Ridge Cross section of well data along the crest H2 Occurrence Stratigraphic Up to 92% H2 * Stratigraphic H2 Occurrence Up to 56% H2 * For personal use only Well HyTerra holds lease Well HyTerra holds lease HyTerra holds lease SEAL SEAL H2 MIGRATION TO CREST OF SEAL NEMAHA RIDGE T FA FAUL UL
Slide 16: Nemaha Ridge: Historical hydrogen occurrences linked to structural features
Nemaha Ridge Historical hydrogen occurrences linked to structural features 2D Depth Map For personal use only Up to 92% H2 Duroche Well Duroche 500ft to basement HyTerra holds lease Riley County Geary County ul t Fa ldt bo H2 Occurrence Forest m Morris County City Basin Hu 2800ft to basement Scott H
Slide 17: We weren't looking in the right places with the right tools
“ For personal use only WE WEREN’T LOOKING IN THE RIGHT PLACES WITH THE RIGHT TOOLS Geoffrey Ellis | U.S. Geological Survey | Science, 2023
Slide 18: 2023 Development Activities
2023 Development Activities To mature Nemaha Ridge prospects For personal use only Define well objectives, location Define play elements and and design critical success factors High grading a Demonstrate Establish first mover portfolio of independent Engage with advantage entering Acquire first owne
Slide 19: Nemaha Ridge Lease Portfolio
Nemaha Ridge Lease Portfolio As of May 2023 COUNTIES For personal use only NEBRASKA RILEY HyTerra’s lease portfolio includes these wells KANSAS ◦ 56% H2 | Scott drilled to 677m in 1982 ◦ 92% H2 | Duroche drilled to 424m in 2008 GEARY ◦ Several other published H2 occurrences MORRIS County Net Acres W
Slide 20: For personal use only
For personal use only Benjamin Mee Executive Director ben@hyterra.com Avon McIntyre Executive Director avon@hyterra.com ASX: HYT HyTerra Ltd hyterra_asx info@hyterra.com