Botala Energy Ltd. · ASX:BTE
Botala Energy — RIU Good Oil and Gas Energy Conference (September 2025)
16 slides from Botala Energy's conference presentation, Sep 10, 2025
Slide 1: Answering Southern Africa's call for gas
Answering Southern Investor Presentation ASX & BSE: BTE Kris Martinick 10 September 2025 botalaenergy.com Chief Executive Officer Africa’s call for gas. For personal use only
Slide 2: Disclaimer
Disclaimer. Targeting first This document contains a summary of information about Botala Energy Ltd (ACN 626 751 620) (Botala Energy or Company) and its activities that is current Statements contained in this document, including but not limited to those regarding the possible or assumed future costs
Slide 3: Botala Energy owns and operates the Serowe CBM project
Botala Energy is 100% owner The opportunity: and operator of the Serowe We represent phenomenal exposure to Southern Africa’s emerging industrial gas supply crisis, the Targeting first gas production coal bed methane project in "Gas Cliff”. in 2026. Botswana. For personal use only 3
Slide 4: Answering Southern Africa's call for more gas
Answering Southern Africa’s call for more gas. We are maturing our Notice 1 Independently Certified, Sproule, Gross estimated resource substantial 2C resource to Targeting first gas production 2 In respect of the prospective resources, the following cautionary statement applies: the in 2026. estimat
Slide 5: We already have an offtaker
We already have an offtaker. Our target is to produce first gas for sale to South African steel Targeting first gas production in 2026. maker Scaw Metals. For personal use only Binding letter of intent signed in March 2025 granting the Johannesburg-based industrial major exclusive right to purchase
Slide 6: A clear production pathway
A clear production pathway. Targeting first A phased, risk-managed gas production in 2026. approach to grow production. For personal use only Phase 01 Phase 02 The maths# Sale price per Phase 03 Phase 04 5 wells 9 wells 36 wells 108 wells gigajoule = US$10.60 Calculation is based on multiplying the
Slide 7: Phase 1: 5 wells proof of concept
01 |5 wells. Proof of concept Flow test five wells over 90 days. Two out of five wells currently flowing gas 02 9 wells. 0.25 PJ/year. <40 gigajoules (GJ)/day). Flow tests will Targeting first gas production in 2026. 03 36 wells. 1.0 PJ/year provide confidence to design and build 04 108 wells. 3.5 P
Slide 8: Phase 2: 9 wells, Galileo LNG unit
01 5 wells. Proof of concept Galileo LNG units 02 9 wells. 0.25 PJ/year. are based on the patented Cryobox® LNG Targeting first gas production in 2026. 03 36 wells. 1.0 PJ/year Production Station and ZPTS® 04 108 wells. 3.5 PJ/year Conditioning Plant and are easily For personal use only adaptable to
Slide 9: Phase 3: 36 wells, 1.0 PJ/year
01 5 wells. Proof of concept 02 9 wells. 0.25 PJ/year. Targeting first gas production in 2026. 03 36 wells. 1.0 PJ/year 04 108 wells. 3.5 PJ/year For personal use only Each coal bed methane well costs around US$145,000 to drill and complete for production. Each well to date has taken seven months to
Slide 10: Phase 4: 108 wells, 3.5 PJ/year
01 5 wells. Proof of concept 02 9 wells. 0.25 PJ/year. 03 36 wells. 1.0 PJ/year Targeting first gas production in 2026. 04 108 wells. 3.5 PJ/year For personal use only Bankable Feasibility Study underway to develop The maths an estimated ^12 production clusters made up 108 wells x 89 GJ per well per
Slide 11: Chart LNG plant capex and funding
01 5 wells. Proof of concept 02 9 wells. 0.25 PJ/year. 03 36 wells. 1.0 PJ/year Targeting first gas production in 2026. 04 108 wells. 3.5 PJ/year For personal use only The expected CAPEX for the Chart LNG plant is *US$137M which would be funded via a 60:40 debt to equity deal. The Botswana Governmen
Slide 12: The Serowe Project has been derisked for major upside
The Serowe Project has been derisked for major upside. Targeting first gas production in 2026. For personal use only Completed Milestones Current and Future Milestones Production licences approved Upgrade Resources to Reserves Sept 2025 – July 2026 Botswana Government support secured Increase well f
Slide 13: We use the same CBM wells as Queensland's established industry
We use the same coal bed methane wells as Queensland’s Targeting first gas production established industry. in 2026. For personal use only Wells with perforated steel casing will target three seams – Serowe (360 – 390m), Upper Moruple 410 – 430m and Lower Moruple 460 - 490m. Simple, shallow, vertica
Slide 14: Leadership team knows oil and gas in Africa
Leadership team knows Board and management have invested oil and gas in Africa. A$6.2 million in the business since 2022. Targeting first gas production in 2026. For personal use only Dr Wolf Martinick Kris Martinick Craig Basson Peter Grant Modisana Botsile Dr Steve Lennon Executive Chair CEO Execu
Slide 15: Corporate Snapshot
Corporate Snapshot. Targeting first gas production in 2026. Share price Market capitalisation Shares on issue Cash Options Debt For personal use only A$0.065 A$18.14m 279.2m A$0.46m 61.3m Nil As at 2 September 2025 As at 2 September 2025 As at 26 August 2025 As at 30 June 2025 As at 30 June 2025 As
Slide 16: Thank you
Botala Energy Ltd Unit 2, 22 Mounts Bay Road ABN 41 626 751 620 Crawley WA 6009 Australia ASX & BSE: BTE Ke A Leboga For personal use only Thank you Kris Martinick Chief Executive Officer eNews kris.martinick@botalaenergy.com.au Join the conversation Follow us Subscribe to our e-news: +61 421 322 73
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