Blue Energy Limited · ASX:BLU

Blue Energy — RBS Morgans Noosa Mining Conference 2013

13 slides from Blue Energy's conference presentation, Jul 17, 2013

  1. Slide 1: Blue Energy Limited

    Blue Energy Limited RBS Morgans Noosa Mining Conference 17 July 2013

  2. Slide 2: Disclaimer and Competent Person Statement

    Disclaimer This presentation may contain forward looking statements that are subject to risk factors associated with the gas and energy industry. It is believed that the expectations reflected in the statements contained within are reasonable, but they may be affected by a range of variables which c

  3. Slide 3: Corporate Snapshot

    Corporate Snapshot ASX BUL 2P Reserves 50PJ 3P Reserves 180PJ Contingent Resource 3,481PJ 3C Cash $17.1 million Acreage ~54,000km2 Employees 8  Operator of all acreage held  100% equity in acreage*  Uncontracted gas reserves  Adjacent to LNG proponents  Active work program  Diversity of basins

  4. Slide 4: Blue's Opportunity Conveyor

    Blue’s Opportunity Conveyor • Portfolio diversity and regeneration is key Development • Exploration skill sets on hand • Retain operatorship Exploitation • Gas assets monetized by farm out or sale Exploration • Will operate oil discoveries Assets Identify Acquire Explore Discover Appraise Develop Bl

  5. Slide 5: Oil Exploration Portfolio

    Oil Exploration Portfolio  Producing basin Cooper: 5,357km2 Surat: 5,785km2 Oil Total 11,142km2 (2.753 million acres)  Frontier basin Oil Georgina: 21,351km2 Carpentaria: 7,996km2 Total 29,347km2 Oil (7.251 million acres) Oil Slide 5

  6. Slide 6: Oil Portfolio Near Term Drilling – Marburg Prospect Surat Basin

    Oil Portfolio Near Term Drilling – Marburg 1 Prospect Surat Basin W E Top Evergreen Top Precipice Base Precipice Top Clematis Basement Marburg Prospect  Structural oil play – updip of old well with shows S N Rosewood 1 Cobalt 1  Adjacent to source kitchen  55m relief over 39km2 Marburg 1 proposed

  7. Slide 7: Oil Portfolio – Marburg: Surat Basin Fill and Spill Model

    Oil Portfolio – Marburg 1 Surat Basin Fill and Spill Model Slide 7

  8. Slide 8: Cooper Basin Assets

    Cooper Basin Assets  Giant proven natural gas basin  Infrastructure to East Coast  Established liquids producing basin  Active Operators adjacent  Blue has 100% of applications  Multiple Plays  Permian Gas and Shale play  Jurassic Oil  Murta oil play  Toolebuc shale play Slide 8

  9. Slide 9: East Coast Gas Supply - Shortage

    East Coast Gas Supply - Shortage  Domestic gas contracts rolling off 2015-2017 LNG Demand  Steep demand rise by 2014 Proposed Trains LNG Demand LNG Demand Proposed Proposed  Dom gas competes with Trains Trains LNG on price and supply  Uncontracted reserves now of greater value LNG  Domestic gas

  10. Slide 10: East Coast Natural Gas Portfolio

    East Coast Natural Gas Portfolio Proven and potentially productive basins Cooper: 5,357km2 Bowen: 6,685km2 Surat: 5,785km2 Gas Maryborough: 3,358km2 Gas Galilee: 4,158km2 Gas Total 25,343km2 (6.262 million acres) Gas Gas Slide 10

  11. Slide 11: Bowen Basin Permit – Moranbah

    Bowen Basin Permit – Moranbah  814P uncontracted Resources and Reserves  2P: 50PJ  3P: 180PJ  3C: 2,834PJ  Surrounded by Shell/Petrochina activity Gas processing facilities modified from Arrow’s Draft EIS 11 March 2013 – blue areas are Blue Energy’s ATP814P Slide 11

  12. Slide 12: Why Blue?

    Why Blue?  Near Term Value Drivers  Blue’s Capital Program – Marburg 1 oil prospect/Galilee drilling  Work programs of significant neighbours - Moranbah  Short Term Oil and Gas Potential  Diversified portfolio – producing and frontier basins  Strategic acreage position  Well placed for east c

  13. Slide 13: www.blueenergy.com.au info@blueenergy.com.au

    www.blueenergy.com.au info@blueenergy.com.au Slide 13

Blue Energy — RBS Morgans Noosa Mining Conference 2013 on 6ix