Strike Energy Limited · ASX:STX
Strike Energy — Investor Presentation (July 2013)
15 slides from Strike Energy's investor presentation, Jul 16, 2013
Slide 1: ASX Announcement: Southern Cooper Basin Gas Project Investor Presentation
ASX Announcement 16 July 2013 For personal use only The Company Announcement Officer ASX Ltd via electronic lodgement SOUTHERN COOPER BASIN GAS PROJECT INVESTOR PRESENTATION In conjunction with today’s gas supply agreement announcement, Strike Energy Limited (“Strike” ASX:STX) is pleased to provide
Slide 2: The Southern Cooper Basin Gas Project Investor Presentation
For personal use only STRIKE ENERGY LIMITED THE SOUTHERN COOPER BASIN GAS PROJECT Investor Presentation July 2013
Slide 3: Executive Summary
Executive Summary For personal use only • resource target is gas saturated Southern Cooper coals Significant gas resource • Strike’s prospective resource between 6.3 and 16.4 Tcf • favourable market dynamics • characteristics of coals demonstrate potential for a compelling resource play Potentially
Slide 4: Overview
Overview North America has experienced an unconventional gas revolution over the past decade. The global focus on unconventional is the supply response For personal use only to both higher gas demand and higher prices. LNG to export markets US Australia Driver Unconventional gas supplies Unconventio
Slide 5: Cooper Basin Gas Supply Opportunities
Cooper Basin Gas Supply Opportunities The Cooper Basin is known as Australia’s most prolific onshore hydrocarbon basin. Appraisal expenditures in excess of $500 million are delineating For personal use only the unconventional resource potential including, gas composition, flow rates and ultimately t
Slide 6: Value Drivers
Strike’s Southern Cooper Basin Gas Project: Value Drivers Strike is targeting shallower coal seams in the Southern part of the Cooper Basin, a play which differs considerably from the basin centred and For personal use only shale gas plays in the deeper parts of the basin. Significant discoveries we
Slide 7: Favourable Location
Strike’s Southern Cooper Basin Gas Project: Favourable Location Favourable land access characteristics exist across the permit areas. The terrain occupied by PEL 94, PEL 95 and PEL 96 is desert with low sand For personal use only dunes and there is limited agricultural activity. PEL 95 PEL 94 Mount
Slide 8: Resource Scale
Strike’s Southern Cooper Basin Gas Project: Resource Scale Strike’s Southern Cooper Basin Gas Project has access to a significant prospective resource of between 6.3 and 16.4 Tcf* (net to Strike) in the For personal use only primary coal source rock of the Cooper Basin. *Tcf = Trillion cubic feet =
Slide 9: Resource Characteristics
Strike’s Southern Cooper Basin Gas Project: Resource Characteristics Strike is targeting the coals in the Southern part of the basin. These coals are the primary hydrocarbon source rocks of the basin. Analysis of the For personal use only coals in Strike’s permit areas indicates that they are at the
Slide 10: Resource Productivity
Strike’s Southern Cooper Basin Gas Project: Resource Productivity Strike’s appraisal and initial development plan (Phase One Area) is to focus on its PEL 96 permit area (STX 66.67% and operator) and establish a For personal use only new, sustained, scalable and profitable gas resource to supply the
Slide 11: Services / Infrastructure
Strike’s Southern Cooper Basin Gas Project: Services / Infrastructure The Southern Cooper Basin Gas Project will have direct access to pipelines, roads, service support companies and processing facilities if required. For personal use only Key features of ‘in-place’ services/infrastructure Accessibi
Slide 12: Path to Market
Strike’s Southern Cooper Basin Gas Project: Path to Market For personal use only Activity 2013 2014 2015 2016 2017 2018 2019 2020 Confirmation PEL 96 (STX Operator) - Phase One Area Appraisal Pre-production wells Successful production testing Completion and production testing FID Project Infrastruct
Slide 13: Path to Value
Strike’s Southern Cooper Basin Gas Project: Path to Value For personal use only Initial Development (Phase One Area) 400 - 800 PJ resource can progress to a much PEL 95 larger development with >> 1,000’s PJ (net to PEL 94 Strike) resource across full permit areas Initial Development (Phase One Area)
Slide 14: Project Highlights
Project Highlights For personal use only Significant prospective resource in place Rapid appraisal Low appraisal capital Minimal land access and community risks Project located in favourable jurisdiction Potentially favourable economics Attractive market dynamics Commercialisation pathway Strike Ene
Slide 15: Important Notice
Important Notice For personal use only This presentation does not constitute an offer, invitation or recommendation Such statements relate to future events and expectations and as such involve to subscribe for, or purchase any security and neither this presentation nor known and unknown risk and unc