Strategic Energy Resources Limited · ASX:SER

Strategic Energy Resources — Shareholder Meeting (November 2008)

10 slides from Strategic Energy Resources's shareholder meeting presentation, November 2008

  1. Slide 1: Annual General Meeting Nov 2008

    Annual General Meeting Nov 2008

  2. Slide 2: Progress Since Last Meeting

    Progress Since Last Meeting SER has been seeking new growth opportunities, including: ƒ Corporate mergers ƒ Potential new projects in Australia and Overseas ƒ Concentration on the graphite asset ƒ Purchase of producing assets ƒ Divestment of selected assets SER continues to work on these options.

  3. Slide 3: Current Industry Situation

    Current Industry Situation ƒ Severe restrictions on capital raising ƒ Falling oil price ƒ Increased cost base, particularly in the offshore ƒ Companies market cap less than asset value SER share price All Ords (/10)/ SER Share Price Oil Price US$ 10c 5c

  4. Slide 4: Current Bright Spots

    Current Bright Spots ƒ Sufficient cash at bank ƒ Inherent value in the asset base ƒ The potential of the graphite project over the medium term. Sorted by Cash in Bank at End Sept Qtr

  5. Slide 5: Planning For The Future - Value Creation

    Planning For The Future - Value Creation ƒ SER has appointed a team of industry expert advisors from within Patersons Corporate Finance to assist in determining the optimal way forward. SER is working closely with the Patersons team, and has been reviewing its current asset base along with merger, a

  6. Slide 6: Gippsland Basin Offshore: Vic/P41, Vic/P47, Vic/P65, New Application

    Gippsland Basin Offshore : Vic/P41 (17.5%), Vic/P47 (25%), Vic/P65 (100%), New Application (23%) Vic/P47 New Application Area Vic/P65 ™In Vic/P47 the Judith gas discovery now has a resource accreditation letter from a major independent consulting house. It still requires a farmin partner to take it

  7. Slide 7: GCA Resource Statement for Judith Gasfield

    GCA Resource Statement for Judith Gasfield Best Estimate High Estimate ƒContingent Recoverable Gas 194 934 ƒProspective Recoverable Gas 210 801 ƒTotal Resource Potential 404 1735 (discovered and undiscovered) cf Nexus’ Longtom quoted 2P gross reserves 350 PJ (equiv to approx 330 BCF)

  8. Slide 8: PEL-182 Cooper Basin: (37.6% interest)

    PEL-182 Cooper Basin : (37.6% interest) Accessible Oil Fairway Coongie Emily-1 Lakes National Park Sarahlyn-1 4 wells drilled to date PEL-182 Vanessa-1 June 2007 Vanessa-1 Permian Gas Discovery Gas Discovery – cased Jasmine-1 Emily-1 Jan 2006 Oil Recovery – cased Sarahlyn-1 May 2007 Dry P&A Jasmine-

  9. Slide 9: Mineral Assets

    Mineral Assets Cultana/ Three key tenements (Tregalana, Cultana and Whyalla) in South Australia have been Tregalana/ sold to an unrelated group for shares. The sale is subject to the group achieving a new Whyalla float in early 2009 and gaining access to a Department of Defence training site. The sa

  10. Slide 10: Uley Graphite Mine Port Lincoln, SA

    Uley Graphite Mine Port Lincoln, SA : (100%, diluting to 25% free carried interest) Uley Graphite Adelaide Mikkira Station Koala The Uley Graphite project contains a world class resource of high grade flake graphite. High purity graphite has the capacity to store heat (energy) for many days, providi

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