Coro Energy Plc · LSE:CORO
Coro Energy — Investor Presentation (November 2020)
13 slides from Coro Energy's investor presentation, Nov 2, 2020
Slide 1: Coro Energy Plc Investor Presentation Q4 2020
Q4 2020 CORO ENERGY PLC CORO ENERGY PLC INVESTOR PRESENTATION Q4 INVESTOR PRESENTATION UPDATED 2 NOVEMBER 2020
Slide 2: Disclaimer
DISCLAIMER The information contained in this document (“Presentation”) has been prepared by Coro Energy plc (the “Company”). While the information contained herein has been prepared in good faith, neither the Company nor any of its shareholders, directors, officers, agents, employees or advisers giv
Slide 3: A South East Asian Energy Company
A SOUTH EAST ASIAN ENERGY COMPANY “Supporting the regional transition to a low carbon economy” South East Asia Maiden clean energy SHAREHOLDERS includes some investment secured CORO ENERGY PLC INVESTOR PRESENTATION Q4 of the fastest growing Acquired 20.3% shareholding in ion economies globally Ventu
Slide 4: Board of Directors
BOARD OF DIRECTORS James Parsons Fiona MacAulay Independent Non-Executive Director Non-Executive Chairman Executive Chairman Ascent Resources Plc, Executive Non- Executive Chairperson at Independent Oil and Gas, CORO ENERGY PLC INVESTOR PRESENTATION Q4 Chairman Corcel Plc, Non- executive Chairman of
Slide 5: Why Renewables?
CUMULATIVE GLOBAL INVESTMENT IN CLEAN ENERGY INFRASTRUCTURE OF $8TN TO $16TN WHY RENEWABLES? IS REQUIRED BY 2030 SOURCE: GOLDMAN SACHS Global transition to low carbon Electrification of transport, Cost of deploying renewables energy system well underway residential homes and industry will has fallen
Slide 6: Why South East Asia?
WHY SOUTH EAST ASIA? Electricity demand forecast to rise Significant new annual investment in Coal still dominant and renewables driven by increasing population and renewables is forecast to 2040 to meet penetration low growing wealth growing demand CORO CORO SOUTH EAST ASIA AND ELECTRICITY RENEWABL
Slide 7: Cornerstone Investor in ion Ventures Holdings Limited
CORNERSTONE INVESTOR IN ION VENTURES HOLDINGS LIMITED ion is a privately owned Alignment with a team of Snapshot of ion developer of clean energy regional experts with deep CORO Founded in 2018 CORO projects in South East Asia industry knowledge and existing ENERGY Energy storage experts in-country
Slide 8: ion Project Pipeline
ION PROJECT PIPELINE UK& Ireland SoutheastAsia Office Development Network expertise CORO ENERGY PLC INVESTOR PRESENTATION Q4 ION PROJECT PIPELINE STORAGE UK: 115 MW of shovel-ready, South East Asia: 50 MW of grid grid connected storage assets connected and off-grid solutions 8
Slide 9: Mako Gas Field, Duyung PSC, Indonesia
MAKO GAS FIELD, DUYUNG PSC, INDONESIA A STRONG GAS PLATFORM FOR FURTHER GROWTH TENGIRI-1 Coro interest 15% Biogenic gas accumulation located in TA M B A K- 1 CORO ENERGY PLC INVESTOR PRESENTATION Q4 the prolific West Natuna basin Shallow, Pliocene-age Intra-Muda M A KO S O U T H - 1 sandstone reserv
Slide 10: Appraisal Campaign Success
APPRAISAL CAMPAIGN SUCCESS CORO ENERGY PLC INVESTOR PRESENTATION Q4 Mako Field = Large, Single Gas Tank Extensive High Quality Reservoir Distributed Over Huge Areal Extent Excellent Porosity, Multidarcy Permeability Sweet, Dry Natural Gas, >97% Methane Multiple Successful DSTs 276Bcf (2C), 392Bcf (3
Slide 11: Access to Singapore Gas Market
WNTS (WEST NATUNA TRANSPORT SYSTEM) GAS PIPELINE TO SINAGPORE ACCESS TO SINGAPORE GAS MARKET 16 km from Kerisi platform CORO ENERGY PLC INVESTOR PRESENTATION Q4 (Medco-operated) Can hook into West Natuna Transportation System (WNTS), delivers gas to MAKO FIELD LOCATION IN COMPARISON TO Singapore SIN
Slide 12: Summary
SUMMARY Coro Energy’s regional strategy underpinned by strong growth of CORO CORO energy demand and need for de-carbonisation in South East Asia ENERGY ENERGY Duyung PSC provides solid platform for continued evolution PLC PLC into a balanced regional energy company INVESTOR INVESTOR Recent ion Ventu
Slide 13: CORO ENERGY PLC INVESTOR PRESENTATION Q4
CORO ENERGY PLC INVESTOR PRESENTATION Q4 13