Adx Energy Ltd · ASX:ADX
Adx Energy — Resources Rising Stars 2020 Investor Forum
17 slides from Adx Energy's conference presentation, Nov 10, 2020
Slide 1: ASX Release: Resources Rising Stars 2020 Investor Forum
ADX Energy Ltd (ASX:ADX) ASX RELEASE 9 November 2020 For personal use only Resources Rising Stars 2020 Investor Forum ADX Energy Ltd to present at Resources Rising Stars 2020 Investor Forum Presentation scheduled for 10 November 2020 at 2.00PM WST / 5.00PM AEDT ADX Energy Ltd (ASX: ADX) is pleased t
Slide 2: ADX Energy Ltd – Investor Update
personal use only ADX Energy Ltd – Investor Update Resources Rising Stars Conference 2020 Presented by: Ian Tchacos – Executive Chairman Date: 10 November 2020 A European focussed energy producer (ASX:ADX) 1
Slide 3: Disclaimer Statement (1)
DISCLAIMER STATEMENT (1) Important Notice This document has been prepared by ADX Energy Ltd for the purpose of providing information to interested analysts/investors and shareholders. Any statements, opinions, projections, forecasts or other material contained in this document do not constitute any
Slide 4: Disclaimer Statement (2)
DISCLAIMER STATEMENT (2) PRMS Reserves Classifications used in this Report Developed Reserves are quantities expected to be recovered from existing wells and facilities. personal use only Developed Producing Reserves are expected to be recovered from completion intervals that are open and producing
Slide 5: Corporate Overview
CORPORATE OVERVIEW A European focussed energy producer (ASX:ADX) Financial information Directors Share price (6 November 2020) A$0.006 personal use only Ian Tchacos (Executive Chairman) Number of shares 1,725 m • Located Perth; petroleum engineer; production operations, Number of Options 290m commer
Slide 6: Geographic Focus - Europe
GEOGRAPHIC FOCUS - EUROPE Production, development, appraisal and exploration assets personal use only Gaiselberg & Zistersdorf Oil Fields (Operated, 100% equity) Vienna Basin, Austria ▪ Stable, long lived cash flow and excellent facilities position with reserves and resource upside ▪ Efficient opera
Slide 7: Recent Highlights
RECENT HIGHLIGHTS A transformational period – first steps towards becoming a material European producer personal use only Purchase Zistersdorf Oil Field, Vienna Basin Low emission, long life production ▪ Purchased low decline 310 BOPD at 1 year cash flow ▪ ADX one of the only 3 operators in Austria
Slide 8: Focus is on Austria - A rare break through opportunity!
FOCUS IS ON AUSTRIA - A rare break through opportunity! A TWO COMPANY GAME FOR OVER HALF A CENTURY A Unique Strategic Position World Class Oil Province ~1 billion barrels oil and 2.7 Tcf gas ▪ 100% equity in operated, personal use only Excellent Infrastructure for Oil and Gas production asset (310 (
Slide 9: Zistersdorf Fields - asset summary
ZISTERSDORF FIELDS - asset summary ▪ 100% Equity purchased from RAG MAP OF AUSTRIAN OIL & GAS Austria AG (RAG) in December 2019 INFRASTRUCTURE personal use only ▪ Acquisition price @ EUR 2.2 per boe Zistersdorf & of 2P reserve and circa 1x EBITDA Gaiselberg ▪ Low emission production from state of th
Slide 10: Zistersdorf Fields – growth & life extension opportunity
ZISTERSDORF FIELDS – growth & life extension opportunity Easy win workovers and recompletions (Developed Reserves) ▪ 50 producing Neogene reservoirs offer plenty of new perforation and workover opportunities (ESP’s etc.) to tap new oil and accelerate production personal use only ▪ Developed reserves
Slide 11: Upper Austria - exploration & appraisal overview
UPPER AUSTRIA - exploration & appraisal overview 3,650 km² 3D Seismic in Linz prolific Upper Austria “Molasse” foreland basin personal use only Central Storage facility Large number of proven & independent play types Portfolio close to infrastructure: fast monetization Historical Balanced portfolio
Slide 12: Upper Austria - oil appraisal examples
UPPER AUSTRIA - oil appraisal examples RAG Voitsdorf field: RAG producing oil fields 25 mmbo produced ADX appraisal / exploration projects personal use only ADX – AT-II Extensive prospect inventory developed with LIND-001 state of the art 3D seismic and years of basin experience. “A privileged posit
Slide 13: Upper Austria – exciting new shallow gas trend for ADX
UPPER AUSTRIA – exciting new shallow gas trend for ADX Proposed shallow ADX gas well RAG gas field personal use only Proposed shallow ADX gas well RAG gasfield 3D AVO – Gas DHI* map 3D AVO-DHI – Seismic section *DHI stands for Direct Hydrocarbon Indicator Multiple Shallow Prospects redefined on 3D S
Slide 14: Upper Austria – coincident geothermal & HC potential
UPPER AUSTRIA – coincident geothermal & HC potential PROVEN MOLASSE GEOTHERMAL PLAY EXTENDS FROM GERMANY INTO ADX ACREAGE ▪ Molasse Basin is a proven geothermal area with outstanding historic ADX Production personal use only commercial success rates for oil & gas exploration (approx. 50%) ▪ High geo
Slide 15: Strategic Objectives – laser focus on Austria
STRATEGIC OBJECTIVES – laser focus on Austria Hedging Strategy: Prudent protection of downside during period of oil price volatility through hedging of approximately 80% Gaiselberg and Zistersdorf production. personal use only Gaiselberg & Zistersdorf fields: Build reserves and production base throu
Slide 16: Future of Oil & Gas – Renewables & CO2??
FUTURE OF OIL & GAS – RENEWABLE’S & CO2?? personal use only Photograph showing ADX Gaiselberg and Zistersdorf B of A sees oil demand recovering and hikes crude forecasts Field infrastructure proximal to large wind farms By Reuters Staff capable of generating hydrogen. Santos closes in on project to
Slide 17: personal use only
personal use only Executive Chairman: Ian Tchacos ian.tchacos@adxenergy.com.au Chief Executive: Paul Fink Paul.Fink@adx-energy.com Finance Manager and Company Secretary: Amanda Sparks amanda.sparks@adxenergy.com.au ADX VIE Offices adx-energy.com 16
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