Quantum Helium Limited · LSE:QHE
Quantum Helium — Mosman Oil and Gas — Investor Presentation (October 2024)
22 slides from Quantum Helium's investor presentation, October 2024
Slide 1: Focusing on helium, hydrogen and hydrocarbon
Focusing on helium, hydrogen and hydrocarbon AIM: MSMN | October 2024 1
Slide 2: Disclaimer
Disclaimer This presentation has been prepared for general information purposes only and has not been approved by an authorised person within the meaning of the Financial Services and Markets Act 2000. Any party who is in any doubt about the investment to which these slides relate should consult an
Slide 3: Mosman Opportunity
Mosman Opportunity Mosman (AIM: MSMN mkt cap £9.9m) (at 18 Oct '24) Compelling undervalued helium opportunity compared to peers Liquid AIM stock now focusing on Helium Helium is 100x more valuable than hydrocarbon gas Proven high % Helium assets in US and Australia Targeting low risk locations close
Slide 4: Strong asset base and strategic helium expansion
Strong asset base and strategic helium expansion USA Hydrocarbon production and Helium Exploration FY23 21,503 55,464 A$2.1m Amadeus Basin Bbls oil Mmbtu gas Revenue FY23 Exploration for Helium, Hydrogen The Company has exploration and production assets in the US and Hydrocarbons and two exploration
Slide 5: Highly Experienced Executive Team
Highly Experienced Executive Team Andy Carroll | CEO and Director • Extensive experience in exploration and production in the UK, Canada PNG and Australia. • Deep expertise from site operations through to CEO and listed companies Board positions • Has managed companies from start up to IPO, operatio
Slide 6: Strategy
MOSMAN Helium Strategy
Slide 7: Increase in price of Helium
Increase in price of Helium Helium now over US$500 per mcf Global share of helium applications 11% MRI / Cryogenics 23% Other 5% Analytical Optical fiber 14% Rockets 9% Breathing Leak detection 6% 6% Electronics 3% Pressure and purging 15% Welding 14% 7
Slide 8: Evolution of the helium strategy
Evolution of the helium strategy 100% of two large areas EP 145 and EPA 155 in Amadeus Basin Two large areas Increasing helium Additional EP 145 and EPA 155 price has made it opportunities in Amadeus Basin hot commodity identified in USA 8
Slide 9: Global Ranking of Helium Exploration
Global Ranking of Helium Exploration Stable investment area High Helium % Infrastructure • Amadeus Basin – pipelines • OECD (incl USA and • Amadeus Basin to east and south coast Australia) • Some areas USA markets • Some areas USA Helium investment Drilling costs Established Production opportunities
Slide 10: Australia – Infrastructure in place
Australia – Infrastructure in place EP 145 and EPA 155 both contain wells that flow tested hydrocarbons Gas infrastructure in place, pipelines to north-east and south Australian coast Helium plant in Darwin Pipelines, Roads, Rail and Airports Significant drilling activity Helium extraction plant at
Slide 11: Demand for Gas in Australia
Demand for Gas in Australia Strong demand for gas in the Northern Territory (NT) to supply the growing market New gas discoveries required to fill the gap between supply and demand Amadeus Basin remains under explored with significant gas opportunity in new structures, previously tested oil targets
Slide 12: Australia - EP 145 and EPA 155
Australia - EP 145 and EPA 155 EP145 Mosman retains 100% working interest and operatorship in the highly valuable and strategic permit, on trend with current gas production and helium shows Independently verified prospective resource volumes for hydrocarbons, helium and hydrogen (Mosman, 2023) EPA15
Slide 13: Subsalt Exploration Potential - EP 145
Subsalt Exploration Potential - EP 145 EP145’s location on the Central Ridge provides a favourable target to test for helium, natural gas and hydrogen EP145 The basement anticline extending NW-SE through the permit shares similarities with Central Petroleum’s Zevon prospect located to the NW of EP14
Slide 14: USA – Established Helium Infrastructure
USA – Established Helium Infrastructure Heritage infrastructure associated with helium production as a by-product of hydrocarbon production in Kansas and Oklahoma Major helium storage facility in Cliffside, Texas Recent “raw” helium production in Colorado trucked to nearby infrastructure Helium plan
Slide 15: First move into helium in USA
First move into helium in USA Initially acquired 10% interest in Vecta Helium Project for US$0.5m Low cost drilling enables managed exploration risk and in June 2024 before acquiring a further 10% for shares (market costs value US$0.5m) in July 2024. Proven high helium content gas production at Mode
Slide 16: Funded Exploration
Funded Exploration Mosman has cash flow from US hydrocarbon projects EPA 155 funded by Farmout Vecta exploration costs are modest: o Mosman to fund its 20% share of the 5 exploration wells, estimated to cost c US$259,000 per well (gross) o Funded from working capital and by selling Stanley oil and g
Slide 17: USA Hydrocarbons
MOSMAN Hydrocarbons USA
Slide 18: Cinnabar and Stanley
Cinnabar and Stanley Cinnabar 75% WI and Operator Lease “Held by Production” since 1980s G3 well was drilled in late 2022 and placed on production in 2023 Production (intermittent) from 3 wells Significant Reserves A Reserve Report (2017) estimated Proved plus Probable (2P) Reserves of 849,000 boe (
Slide 19: Outlook
Outlook 19
Slide 20: Outlook
Outlook EP(A) 155 exploration Vecta Helium • Prospective resources for Helium, • Drilling 5 exploration wells hydrogen, hydrocarbons • Development possible in 2025 • 25% free carry on exploration USA Oil Production Completed Sale of Stanley Helium investment • Exciting new opportunities • Optimisati
Slide 21: The Board
The Board Andy Carroll Chief Executive Officer and Executive Director • Extensive Board and management experience in energy sector in the UK, Canada PNG and Australia. • Particular expertise in oil and gas, taking companies from permit applications and initial exploration operations, through to deve
Slide 22: Key statistics
Key statistics Number of Shares in issue:19,494,220,074 Percentage of Shares not in public hands: 0.98% Number of Shares not in public hands: 190,110,623 As at 18 October 2024 Significant Shareholders over 3% by Beneficial owner (updated 18 October 2024) Director Shareholding Name No. of Ordinary %
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