Elixir Energy Limited · ASX:EXR
Elixir Energy — Investor Presentation (February 2024)
25 slides from Elixir Energy's investor presentation, Feb 1, 2024
Slide 1: Corporate Presentation February 2024
For personal use only Corporate Presentation February 2024 ASX:EXR
Slide 2: 1. Company Overview
For personal use only 1.Company Overview
Slide 3: Macro Overview
For personal use only Macro Overview 1. 2. 3. Oil and gas Security of supply Location, Location Prices & animal spirits for gas buyers Close to markets • Global & Australian gas prices • Wars and choke point risks • Elixir’s assets located close very strong show value of security of to infrastructur
Slide 4: Corporate Strategy
Corporate Strategy 01 well located natural gas projects Elixir’s corporate strategy rests on the early For personal use only stage identification and de-risking of : Australia: Elixir entered the Taroom Trough in 2022, successfully drilled the Daydream-2 appraisal well in 02 03 Mongolia: Elixir sign
Slide 5: Elixir Team
For personal use only Elixir Team Board of Directors Current Partners and Suppliers Richard Cottee Non-Executive Chairman – Information Sharing Agreement Former Managing Director of CSG focused Queensland Gas Corporation (QGC), taking it from market cap of $20M to $5.7B Other former CEO positions in
Slide 6: Capital Structure Shareholder Information
Capital Structure Shareholder Information Capital Structure 5.85% | MD & Directors For personal use only Capital Structure Current Number of Shares 1,132 million 19.3% | Top 20 Elixir Energy Shareholders Options & Perf Rights 108 million Shareholders Market Capitalisation (at A$0.08) A$90 million Ca
Slide 7: 2. Grandis Gas Project
For personal use only 2. Grandis Gas Project
Slide 8: Current LNG Market Dynamics
For personal use only Current LNG Market Dynamics Australia still the best placed supplier to East Asian LNG Markets: • Lower transportation costs than USA or Qatar • No choke points like Panama Canal, Red Sea, Malacca Straits • Geo-political ally of traditional buyers Japan and South Korea • Larges
Slide 9: Project Location
Project Location Elixir currently undertaking Daydream-2 Appraisal Well • The Grandis Gas Project is very well For personal use only located in the southern Taroom Trough (TT) • Market factors are now driving new rounds of drilling in the TT, including by Majors: – The rapidly growing demand/supply
Slide 10: An Emerging Energy Super Basin
An Emerging Energy Super Basin Elixir’s $1M deal with Origin Energy for CCS data confirms the Taroom as an emerging Energy Super For personal use only Basin • Wood Mackenzie’s Energy Super Basin concept: – “Super basins are the future” – ”The future is upstream co-located with low carbon” – “These a
Slide 11: Taroom Trough
Taroom Trough Home to several majors, the Taroom Trough hosts material discovered and potential gas resources For personal use only • Shell: Currently drilling. “The estimate of recoverable hydrocarbons in this reservoir across ATP 645 in the area covered by PCA 1 (305), on an unrisked P50 basis, is
Slide 12: Resources
For personal use only Resources Contingent Resources – Sandstones only Prospective Resources - Fractured Coals ATP – 2044 – GRANDIS GAS PROJECT ATP – 2044 – GRANDIS GAS PROJECT Contingent Resources (100%) Prospective Resources (100%) Units 1C 2C 3C Units 1U 2U 3U Gas Initially In Place Bcf 2,128 7,0
Slide 13: Grandis Gas Project Timeline
Grandis Gas Project Timeline 2024 For personal use only Jan Feb Mar Apr May Jun Jul Aug Sep Oct Nov Dec Post Drill Analysis 1 2 3 3 Injectivity & Pre-Stimulation 4 5 Testing Stimulation Planning 6 Long Lead Items Ordered 7 Stimulation, Completion & 8 9 Production Testing 1 Compilation of post well a
Slide 14: Daydream-2 – Game Changing Objectives
Daydream-2 – Game Changing Objectives Daydream-2 has multiple objectives that collectively can deliver enormous de-risking and value For personal use only Target of >500 metres of gross vertical interval of prospective reservoirs 1. Permeable Sandstones Stimulation program to cover 3 primary targets
Slide 15: Daydream-2
Daydream-2 Daydream-2 successfully drilled in late 2023 For personal use only • Drilled to total depth of 4,300 metres (14,108 feet) • Well drilled under budget Straightened ATP 2044 • Gross interval of 607 metres intersected with up and less peak gas shows of up to 800 units “garish”…… • Logged 154
Slide 16: 3. Nomgon CBM PSC
For personal use only 3.Nomgon CBM PSC 16
Slide 17: CBM PSC located on the Chinese Border
For personal use only CBM PSC located on the Chinese Border 17
Slide 18: CBM Asset Overview
For personal use only CBM Asset Overview 01 Elixir’s foundation asset – the 100% owned Nomgon IX Coal Bed Methane (CBM*) Production Sharing Contract (PSC) project in the South Gobi region of Mongolia ATP 2044 02 Highly experienced CSG team – first mover in taking Australia’s industry leading skills
Slide 19: Extended Pilot Production Test
For personal use only Extended Pilot Production Test Progress to date • Mongolia’s first CBM pilot - commenced in late 2022 • Early gas flows - likely due to dual porosity/perm • Meaningful gas production from coal desorption requires de-pressurisation from longer term water production from what are
Slide 20: Gobi H2 Overview
Gobi H2 Overview Elixir’s longstanding experience in Mongolia’s energy sector has provided a strong For personal use only foundation for the Gobi H2 green hydrogen project • Gobi H2 is Elixir’s green hydrogen project (i.e. one where hydrogen is produced from Term sheet with Terras renewable electric
Slide 21: 4. Highlights, Disclaimer and Appendix
For personal use only 4. Highlights, Disclaimer and Appendix 21
Slide 22: Corporate Highlights
For personal use only Corporate Highlights High impact Daydream-2 Stimulation and flow Key catalysts in 2024 - appraisal well successfully testing of Daydream-2 adding material resources, drilled due in H1 2024 de-risking and partnering Highly experienced team Clear need for energy security Strong b
Slide 23: Important Notice & Disclaimer
For personal use only Important Notice & Disclaimer This document has been prepared by Elixir Energy Limited (ABN 51 108 230 995) (“Elixir”) in connection with providing an overview of its business to interested analysts/investors. This presentation is being provided for the sole purpose of providin
Slide 24: Appendix
Appendix Methodology: For personal use only The estimate of Prospective Resource was compiled by Elixir’s Chief Geoscientist, Mr Greg Channon, who has completed a detailed and formal report on the prospective resources in ATP 2044. The work was undertaken in accordance with the Society of Petroleum
Slide 25: Investors & Media
INVESTORS & MEDIA For personal use only Neil Young Managing Director info@elixirenergy.com.au Phone +61 8 7079 5610 www.elixirenergy.com.au www.elixirenergy.com.au ASX:EXR
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