Aminex Plc · LSE:AEX
Aminex — Shareholder Meeting (August 2016)
12 slides from Aminex's shareholder meeting presentation, Aug 2, 2016
Slide 1: Extraordinary General Meeting
Extraordinary General Meeting 2 August 2016 Producing Value, Capturing Upside
Slide 2: Disclaimer
Disclaimer This document, which is personal to the recipient and has been issued by Aminex PLC (the “Company”), comprises written materials/slides for an investor presentation. This document is an advertisement and not a prospectus. This document does not constitute or form part of any offer or invi
Slide 3: Aminex: Position at 2 August 2016 following EGM
Aminex: Position at 2 August 2016 following EGM Highlights Shareholders Forward Business Plan Cornerstone investor in place The Cornerstone Investor, ARA Ruvuma PSA: Develop Ntorya Petroleum (a subsidiary of the Zubair discovery in a drive towards near Balanced portfolio: strong position Corporation
Slide 4: The Zubair Corporation
ZUbair A aminex The Zubair Corporation COO Energy coo <00 Real COO Financial coo & Logistics Automotive Hospitality Services & ICT Manufacturing Resort & Spa National Fil Traders Hotel | Est AlHilal Ri te Oman Large Business Group Oman Oil industry Al Muzn Water 6 Focused business verticals Investme
Slide 5: Recent Activity
Recent Activity 2014 • New executive management team appointed • $12.7MM refinancing completed through placing and open offer • Remaining Aminex USA assets sold • Infill seismic acquired over Ruvuma Appraisal Area • Prospective Ruvuma area resources upgraded to 3 TCF* 2015 • Concentration on Tanzani
Slide 6: Asset Summary
Asset Summary Prospect/ Resources Associated Licence Status Lead (Gross) Wells (Contingent) Kiliwani North Discovery 2008 Kiliwani North Development Kiliwani North 28 BCF Kiliwani North-1 First Gas April Development Licence Licence 2016 (Prospective) Kiliwani North Nyuni Area PSA Ntorya-1 Discovery
Slide 7: Production Delivering Value
Production Delivering Value Kiliwani North Development Licence Nyuni Area PSA • Aminex WI 54.575%* (Operator) • First Gas April 2016 Songo Songo • Gas Sales Agreement in place Field Kiliwani North Development Licence • Gas sold at $3.07/mcf • Indexed gas price is not linked to global KN-1 commodity
Slide 8: Ruvuma PSA Summary
Ruvuma PSA Summary Prospective Prospect/ Associated resources Status Lead Wells (Gross) Ruvuma PSA 70 BCF (Contingent Ntorya-1 Discovery 2012 Resources) Ntorya 153 BCF Ntorya-2 Drill locations identified 945 BCF Ntorya-3 exp. 2016 National Pipeline Namisange 1.2 TCF Namisange-1 Drill location identi
Slide 9: Ruvuma PSA: Ntorya-2 Step Out-Appraisal
Ruvuma PSA: Ntorya-2 Step Out-Appraisal • Working Interest 75% (operator) Reprocessed Seismic Line MT07-24 • Ntorya-2 Step Out Location • Drill location 1,500m to SW of discovery well • 60% Chance of Success based on Ntorya-1 well* • Proposed spud 2H 2016 • Post drilling plan to apply for 25 year de
Slide 10: Ruvuma PSA: Ntorya-3 Well Location
Ruvuma PSA: Ntorya-3 Well Location Ntorya-1 Ntorya-3 Ntorya-2 1.5km Ntorya-1 1.5km Ntorya-2 Ntorya 2 km Appraisal 50km Area Ntorya-3: Images from Google Earth 2016 • 1.1 TCF* Pmean (gross) Ntorya field upside in the Cretaceous • Also testing additional 444* (gross) BCF from Tertiary target *LR Sener
Slide 11: Recapitalisation
Recapitalisation Offer Structure • Placing to raise approximately $22M • Open Offer to raise up to $3.4M • Current Shares in issue: 1,976 M • Placing Shares: 1,302 M • Shareholders’ Open Offer (up to): 99 M • Approx. Issued Shares post Transaction 3,377 M 11
Slide 12: Contact
Contact London Representative Office: Aminex PLC 60 Sloane Avenue, London, SW3 3DD Email: info@aminex-plc.com www.aminex-plc.com Registered Office: 6 Northbrook Road, Dublin 6, Ireland