NuEnergy Gas Limited · ASX:NGY
NuEnergy Gas — Shareholder Meeting (November 2017)
26 slides from NuEnergy Gas's shareholder meeting presentation, Nov 15, 2017
Slide 1: Annual General Meeting
ANNUAL GENERAL MEETING For personal use only 15 November 2017 WWW.NUENERGYGAS.COM ASX I NGY
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by NuEnergy Gas Limited (“NGY” or the “Company”) and is being provided for the sole purpose of providing preliminary background financial, operational and other information to enable shareholders and/or prospective investors to rev
Slide 3: Table of Contents
Table of Contents For personal use only • About NuEnergy • Indonesia’s Energy Markets • Our Portfolio • July 2016 – November 2017 Company Highlights • 2018 Priorities 3
Slide 4: Corporate Overview
Corporate Overview For personal use only • NuEnergy Gas is an ASX Listed, Independent Clean Energy Company • Paid-Up Capital: AUD106 Million • Focused on Exploring, Developing & Producing Clean Gas in Indonesia • 6 Production Sharing Contracts (PSC) Covering Over 3,600km2 • Proud Partner of the Indo
Slide 5: Leading Unconventional Gas Company in Indonesia
Leading Unconventional Gas Company in Indonesia For personal use only Excellent Geology Low-Risk & Expert Low-Cost Management Drilling Team NuEnergy Focused Gas Strong Strategy & Balance Near Term Sheet Development Government World-Class Support Partners 5
Slide 6: Exciting Asset Portfolio With Investment Upside
Exciting Asset Portfolio With Investment Upside For personal use only 1 6 4 3 2 5 Sumatra East Kalimantan 6
Slide 7: Experienced Board and Proven Leadership Team
Experienced Board and Proven Leadership Team For personal use only Leadership Team Previous Employers Industry Experience Kee Yong Wah 33 years Deputy Executive Chairman Dr. Ian Wang 30 years Chief Executive Officer Lim Beng Hong 30 years Chief Operating Officer Unggul Setyatmoko 30 years Chief Comm
Slide 8: Strong & Supportive Shareholder Base
Strong & Supportive Shareholder Base For personal use only Our major shareholders are - 1. Globaltec Energy Resources (“GER”) 2. New Century Energy Resources (“NCE”) About GER and NCE • GER and NCE are subsidiaries of Globaltec Formation Berhad (“Globaltec”), a conglomerate listed on the Malaysian S
Slide 9: Committed, World Class, National Partners
Committed, World Class, National Partners For personal use only • We offer our shareholders a Indonesia’s unique opportunity to access National Oil South East Asia and gain Company exposure to Indonesia’s fast moving and dynamic energy market Indonesia’s Largest Energy • We are proud to be recognise
Slide 10: Core Values: Sustainability & Corporate Governance
Core Values: Sustainability & Corporate Governance For personal use only Building a sustainable upstream company by investing in: People + Environment + Community Engagement + CSR + Health, Safety & Security + Corporate Governance Sustainability is integral to our business and our every day actions.
Slide 11: Table of Contents
Table of Contents For personal use only • About NuEnergy • Indonesia’s Energy Markets • Our Portfolio • July 2016 – November 2017 Company Highlights • 2018 Priorities 11
Slide 12: NuEnergy Unique Positioning in Indonesia
NuEnergy Unique Positioning in Indonesia For personal use only World’s 4th largest population and growing rapidly Strong GDP growth and good economic outlook (5% growth y-on-y) Increasing energy demand (5.9% in 2016) and robust gas prices Declining conventional O&G production from domestic supplies
Slide 13: Indonesia's Energy Crisis - Demand & Consumption
Indonesia’s Energy Crisis - Demand & Consumption For personal use only • Indonesia seeks energy security and has a government agenda to transition to a more low carbon economy • New conventional fields are very difficult to find and existing fields already have declining production. • Natural gas pr
Slide 14: Indonesia's Gas Prices - Robust & Attractive
Indonesia’s Gas Prices - Robust & Attractive For personal use only Gas prices in Indonesia average between US$6 mmbtu to US$10 mmbtu Vietnam US$7 mmbtu Malaysia US$4 mmbtu Singapore US$4 mmbtu United States US$2.5 mmbtu 14
Slide 15: Indonesia's Unconventional Gas Resources
Indonesia’s Unconventional Gas Resources For personal use only • We focus on Coal Bed Methane (CBM), an unconventional gas which is more environmentally friendly than coal as it is a clean-burning fuel and produces approximately 15-50% less GHG emissions . • 453 TCF: Resources estimate for all basin
Slide 16: Indonesian Government Support for Unconventionals
Indonesian Government Support for Unconventionals For personal use only Government Policy Promotes Unconventional Gas Development & Provides Strong Foundation for our POD Roadmap • Ministerial Decree 2015 for Unconventional Gas was issued to assist in the development of Indonesia Unconventional Gas
Slide 17: Table of Contents
Table of Contents For personal use only • About NuEnergy • Indonesia’s Energy Markets • Our Portfolio • July 2016 – November 2017 Company Highlights • 2018 Priorities 17
Slide 18: NuEnergy Gas Operated Unconventional Gas Assets
NuEnergy Gas Operated Unconventional Gas Assets For personal use only Rengat PSC Muralim PSC Tanjung Enim PSC Muara Enim II PSC Bontang Bengalon PSC Muara Enim PSC Assets / Projects ➢ Unconventional Gas (CBM) Assets in South Sumatra, Central Sumatra and East Kalimantan ➢ 3695 km2 Resources / Reserve
Slide 19: Focused Strategy on Value Creation Through CBM
Focused Strategy on Value Creation Through CBM For personal use only We hold six onshore PSCs, across South and Central Sumatra and East Kalimantan • Moving quickly from pre-development to production, monetizing their reserves, delivering shareholder return • We target shallow deposits so each asset
Slide 20: Key Strategic Focus on South Sumatra
Key Strategic Focus on South Sumatra For personal use only • Total South Sumatra PSCs have a combined Key Reservoir Parameters acreage of 2,279.5 km2 • Coal thickness: >40m • Unrisked Gross / Net Best Estimate Prospective • Gas content: 3.5 m3/t.daf Resource of 5.8 TCF / 2.2 TCF • Target coal depth:
Slide 21: Table of Contents
Table of Contents For personal use only • About NuEnergy • Indonesia’s Energy Markets • Our Portfolio • July 2016 – November 2017 Company Highlights • 2018 Priorities 21
Slide 22: July 2016 – November 2017 Company Highlights
July 2016 – November 2017 Company Highlights For personal use only Significant Asset Derisking Tanjung Enim PSC received Reserves Certification Tanjung Enim PSC received approval for POD preparation Tanjung Enim PSC signed Gas Supply MOU with PT Pertamina Gas Tanjung Enim PSC commenced POD p
Slide 23: Tanjung Enim PSC Progressing Towards Commercialisation
Tanjung Enim PSC Progressing Towards Commercialisation For personal use only Tanjung Enim, our first PSC progressing quickly Initial POD in the North and North West area covering 16km2 towards commercialisation (revenue generating) Exploration & Completed Appraisal Resources Upgrade & February 2017
Slide 24: Table of Contents
Table of Contents For personal use only • About NuEnergy • Indonesia’s Energy Markets • Our Portfolio • July 2016 – November 2017 Company Highlights • 2018 Priorities 24
Slide 25: Plans for 2018 – Major Milestones Ahead
Plans for 2018 – Major Milestones Ahead For personal use only 2018 is Focused on Value Creation As We Move To Gas Monetization Gas Sales Production Development Tanjung Enim POD Value Creation Muara Enim Pre POD Muara 2018 Milestones Enim II Reserves Migration Secure POD Muralim approval Bontang Be
Slide 26: Thank You
For personal use only Thank You Investor Relations +61 2 8076 7600 (Australia) +62 21 2986 6161 (Indonesia) [email protected]