Adx Energy Ltd · ASX:ADX
Adx Energy — RIU GoodOil Conference 2022
15 slides from Adx Energy's conference presentation, Sep 7, 2022
Slide 1: RIU GoodOil Conference Presentation
ADX Energy Ltd For personal use only (ASX: ADX) RIU GoodOil Conference Presentation Perth 7 September 2022 “Reliable energy doesn’t need to cost the Earth”
Slide 2: Disclaimer Statement
Disclaimer Statement Important notice: For personal use only This document has been prepared by ADX Energy Ltd (“ADX”) for the purpose of providing information to interested analysts, investors and shareholders. Any statement, opinions, projections, forecasts or other materials contained in this doc
Slide 3: Who are we and what we stand for
Who are we and what we stand for Our ESG ADX Energy Ltd (ADX) is an ASX listed For personal use only A sustainable environment Commitment though emissions reduction, innovation energy company focused on Europe and participation in green projects • We produce safe, long life and low emissions oil and
Slide 4: Corporate Overview
Corporate Overview Focus of Activities Financial information For personal use only Sustainable high value production cashflow from Share price as at 02.09.2022 A$ 0.008 operations Vienna Basin Oil & Gas Fields Number of shares 3,505.0 m Number of options 345.5 m New production and reserves growt
Slide 5: Investment Case
Investment Case Production from long-life fields Exploration: prospect rich Renewable Energy pipeline For personal use only in the Vienna basin and reserves acreage in Upper Austria with near of projects leveraging existing assets growth from Upper Austria term development potential and skills for a
Slide 6: European Gas Prices & Outlook
European Gas Prices & Outlook Tight market prior to For personal use only 400 Russian supplies constraints (30% of Europe’s Demand) USD 420 per boe Gas supply interruptions to Poland, Bulgaria, Finland average price in Aug-22 Ukraine-Russia conflict 350 and Latvia. Reduced gas deliveries to Germ
Slide 7: Why Austria? Near term production & exploration
Why Austria? Near term production & exploration ADX has a rare and unique position – having broken into a 75 year duopoly over a material oil & gas province For personal use only A portfolio of low carbon and conventional assets. Produces stable, long life and high value oil in the Vienna Basin
Slide 8: Vienna Basin Oil and Gas Fields
Vienna Basin Oil and Gas Fields Summary of asset attributes For personal use only Production Well work operations at ADX Vienna Basin Fields over operations ADX Operated with 100% equity acquired in December 2019 Low decline long life production (2020 & 21 284 BOEPD avge) Low emission producti
Slide 9: Upper Austria Development & Exploration Highlights
Upper Austria Development & Exploration Highlights Anshof Oil Discovery commencement of early For personal use only ADX Upper Austria Exploration Permits production and further development drilling to Field rejuvenation (Piberbach) increase production and cash flow & low risk satellite exploration
Slide 10: Anshof Oil Discovery on pathway to cashflow in Q4
Anshof Oil Discovery on pathway to cashflow in Q4 ADX operated with 80% equity interest For personal use only Anshof field mapping Successful well testing with 132 bopd based on 3D model utilising 3D seismic and offset well data high quality oil confirming pre–drill best technical prospective re
Slide 11: Giant Welchau Prospect – new big gas potential for Europe
Giant Welchau Prospect – new big gas potential for Europe Surface expression of anticline with 23 X Section of Welchau Gas Prospect and 1989 Molln-1 well test For personal use only km lateral extension and 100 km2 area Molln -1 historic well Giant Thrust Anticline Structure Welchau Gas Prospect
Slide 12: Vienna Basin Green H2 Project – BOD Overview
Vienna Basin Green H2 Project – BOD Overview ADX Planned System Capacity Pilot Phase Scaleup Phase For personal use only 570 MW Electrolyser capacity 2.5 MW 30+ MW Mobility market Premium Markets installed Diesel displacement capacity Green electricity requirement1 21 GWh p.a. 251 GWh p.a. Green H2
Slide 13: Mature Geothermal Project with Gas and Oil Targets
Mature Geothermal Project with Gas and Oil Targets The Bavarian – Upper Austrian Molasse Basin is a proven highly Molasse Basin Geothermal Project Map For personal use only active geothermal growth area with a 90% success rate for geothermal wells including both heat and electricity generation.
Slide 14: Active program for an opportunity rich portfolio
Active program for an opportunity rich portfolio Project Planned Activities and Time line For personal use only Vienna Basin Production Ongoing Production & Workovers Anshof Oil Development EPU Install ANS-3 Production ANS-1 Well Drilling Reserves Assessment ANS-2 Well Drilling ANS-2 Production Perm
Slide 15: For more information about our company contact
For more information about our company contact For personal use only Ian Tchacos Executive Chairman ian.tchacos@adxenergy.com.au Paul Fink Chief Executive Officer paul.fink@adx-energy.com Amanda Sparks Finance Manager & Company Secretary amanda.sparks@adxenergy.com.au adx-energy.com