Adx Energy Ltd · ASX:ADX
Adx Energy — Investor Presentation (September 2023)
15 slides from Adx Energy's investor presentation, Sep 11, 2023
Slide 1: An ASX listed European Energy Producer and Explorer
An ASX listed European Energy Producer and Explorer Ian Tchacos | Executive Chairman “Reliable energy doesn’t need to cost the earth” ASX:ADX I n v eASX: s t oADX r Update | 11 September 2023 adx-energy.com
Slide 2: Disclaimer Statement
2 Disclaimer Statement Important notice: This document has been prepared by ADX Energy Ltd (“ADX”) for the purpose of providing information to interested analysts, investors and shareholders. Any statement, opinions, projections, forecasts or other materials contained in this document do not constit
Slide 3: A Compelling Investment Proposition for European Energy Security
A Compelling Investment Proposition 3 for European Energy Security ▪ Enterprise Value (EV) = US$ 22.4 m Strong Meaningful World-class Value Adding, Underlying Reserves and Exploration Complementary ▪ EV per 2P reserves = US$ 3.80/boe and Increasing production Portfolio in the Renewable Cashflow Grow
Slide 4: Corporate and Asset Summary
4 Corporate and Asset Summary Austria Oil & Gas Assets Austria Clean Energy Projects Financial information Vienna Basin fields – 100% (production) Vienna Basin Green Hydrogen project – 100% Anshof oil discovery – 80% (production & development) Gmunden geothermal project – 100% Share price as at 07.0
Slide 5: Our focus is on Austria
Our focus is on Austria 5 A hidden energy gem with a rapid pathway from exploration to production and lots of running room A significant oil and gas industry 1 billion bbl oil & 2.7 Tcf gas produced to date 75 Years oil & gas duopoly before ADX becoming the third operator in country Energy Demand is
Slide 6: Recent highlights
6 Recent highlights Welchau Gas Prospect Anticline Last twelve months of activities Showing Mapping based on Surface Geology Surface expression of Welchau gas prospect 100 km2 area anticline Financial ➢ Increasing Revenues 2022 Sales up to $14.4 million (+59%) ➢ Increasing Cash Flow 2022 Operating R
Slide 7: Forecast Activities
7 Forecast Activities Exceptional Period of Drilling Activity • 2 Appraisal & development wells • 2 High impact gas exploration wells Entire program almost entirely funded by farmouts Production and Cash flow Growth • Three Anshof wells expected to produce at approx 1000 bopd • Upgraded production f
Slide 8: Austrian Production and Development Assets
8 Austrian Production and Development Assets Stable, high value production with high growth potential Vienna Basin Fields (100% interest) Anshof Oil Project (80% interest) ✓ Low emission, low decline production delivering ✓ Anshof-3 well in production 6 months after testing long term cash flow (appr
Slide 9: Anshof Field
9 Anshof Field Near Term Appraisal & Development Program Anshof -3 Area Top Eocene Oil Reservoir Map Summary of Near-term Activities • Continue production from successful Anshof-3 well ANS-1 • Drill and complete Anshof-2 targeting thicker sands with high angle well (approx. 100m net reservoir inters
Slide 10: Upper Austria Exploration
Upper Austria Exploration High impact, drill ready portfolio in the heart of Europe 1020 km2 807 bcfe1 World-class Welchau 1 gas prospect to be drilled in 2023. acreage Adjacent to tested gas discovery at Molln. 20 Prospects Anshof near field, low risk follow 2 2 up oil prospect at GRB 9.5 mmbbl1 35
Slide 11: Welchau-1 Giant Gas Prospect
11 Welchau-1 Giant Gas Prospect Preparation for drilling and multiple follow ups if successful • Drilling permit for Welchau-1 well has been secured with Welchau Gas Prospect Prospective Recoverable Resources Estimates commencement of drilling expected in Q4 2023 Minimum Best Technical Maximum Gas B
Slide 12: ADX role in European energy transition
ADX role in European energy transition Well positioned in the near term as well as long term Growth in Global Energy Demand ➢ Oil & gas demand continues to Pace of Transition to Date increase The transition to renewables is taking longer than expected ➢ Gas is a transition fuel in the EU Financial a
Slide 13: Complementary renewable energy projects
13 Complementary renewable energy projects Maximum potential with minimum fuss Green H2 project Green H2 project Solar power Gmunden pilot phase scaleup phase project geothermal project (Vienna Basin) (Vienna Basin) (Vienna Basin) (Upper Austria) Production & storage of green Production & storage of
Slide 14: Near Term Activities
14 Near Term Activities 01 03 05 Anshof-2 and Further Farm in Additional Gas Anshof-1 appraisal Transactions Prospect drilling and development Wells Strong industry interest to High impact gas prospects fund additional drilling and shallow high value Increase production rate by activity in Upper Aus
Slide 15: Thank you for your attendance
Thank you for your attendance For further information contact: Ian Tchacos ASX: ADX Executive Chairman adx-energy.com ian.tchacos@adxenergy.com.au Paul Fink Chief Executive Officer paul.fink@adx-energy.com Connect with Us Amanda Sparks Finance Manager & Company Secretary Better energy amanda.sparks@