Conrad Asia Energy Ltd. · ASX:CRD
Conrad Asia Energy — Investor Presentation (February 2023)
16 slides from Conrad Asia Energy's investor presentation, Feb 1, 2023
Slide 1: Pure Play Exposure to Asia's Energy Growth
For personal use only Pure Play Exposure to Asia’s Energy Growth — The Fastest in the World ASX: CRD Investor presentation February 2023
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only This presentation has been prepared by Conrad Asia Energy Ltd (the Company). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not tre
Slide 3: Investment Highlights
Investment Highlights Conrad is a Singapore company whose shares are publicly listed on the ASX through Chess Depositary Interests (CDIs) For personal use only • The Mako Gas Field is currently one of the largest undeveloped and fully appraised gas field in the West Natuna Basin, Indonesia Portfolio
Slide 4: Delivery of Key Milestones
Delivery of Key Milestones Conrad has demonstrated a strong track record of consistent delivery For personal use only • Received revised Mako resource audit from • Signed HOA with Singapore gas buyer for the sale of all GaffneyCline • Raised seed capital to develop the Duyung potential gas produced
Slide 5: Portfolio of Projects
Portfolio of Projects Duyung PSC (which contains Mako) is the cornerstone asset of Conrad’s portfolio with additional exploration assets providing upside For personal use only 76.5% Participating Interest • Contains the Mako Gas Field, with 2C Contingent Resources of 413 Bcf (215 Bcf net to Conrad1)
Slide 6: Duyung PSC and Mako Gas Field Overview
Duyung PSC and Mako Gas Field Overview One of the largest undeveloped gas discoveries in the West Natuna Sea with key under-utilised infrastructure in place For personal use only • Mako Gas Field has been assessed to contain gas comprising 98% methane gas with insignificant impurities and a high per
Slide 7: Strategically Positioned
Strategically Positioned Mako is strategically positioned to supply established gas markets For personal use only Mako is expected to be a meaningful source of gas … into critical and growing Asian demand centres supply… Natuna Sea Annualised Supply Capability (bbtu/d) West Natuna Transport System (
Slide 8: Mako Economics — Net to Conrad
Mako Economics — Net to Conrad Economically robust, underpinned by an economic production life of ~12 years For personal use only • Assessment based on an independent Competent Person’s Report Operational and financial highlights (net to Conrad)1,2 (CPR) on the Mako development, Gaffney, Cline & Ass
Slide 9: Aceh PSCs
Aceh PSCs The Aceh PSCs contain numerous offshore gas discoveries as well as large exploration opportunities For personal use only Location Map of offshore Aceh JSAs • Conrad was awarded two new PSCs on 5 January 2023, located offshore northwest Sumatra within the Aceh Province of Indonesia • The Ac
Slide 10: Aceh PSCs
Aceh PSCs The Aceh PSCs contain numerous offshore gas discoveries as well as large exploration opportunities For personal use only • The shallow water discoveries, located close to shore, were made in the 1970’s and are sited in geological formations known as “pinnacle reefs”. Based on well reports,
Slide 11: Unique Gas Opportunity
Unique Gas Opportunity Indonesia represents a compelling energy investment opportunity For personal use only Asian energy demand growth has been well flagged Indonesia is the 4th most populous country with strong energy demand Indonesia has transitioned from energy exporter to importer in the
Slide 12: Asian Demand for Gas / LNG
Asian Demand for Gas / LNG Over next 10 years and beyond, Asia is expected to deliver the strongest growth in demand for gas and LNG For personal use only Demand for gas supply will grow across the Asia Pacific region, from core gas demand growth markets of China, South and South-east Asia, but also
Slide 13: Board and Management
Board and Management Highly experienced Board with strong technical, operational and financial backgrounds For personal use only Peter Botten Miltos Xynogalas David Johnson Non-Executive Chairman Founder, Managing Director & CEO Executive Director & COO Previous MD of Oil Search Limited for 26 years
Slide 14: Key Takeaways
Key Takeaways Exposure to a portfolio of South-east Asian gas development, appraisal and exploration assets For personal use only Conrad believe that the quickest and best way to reduce global emissions is to accelerate the energy transition. Conrad also believe that gas will play an important role
Slide 15: Corporate Snapshot & Capital Structure
Corporate Snapshot & Capital Structure For personal use only ASX CRD CDIs Fully Diluted Share on issue 159,398,988 Shareholder # % # % Board & Management 37,155,726 23% 37,155,726 21% Convertible Securities 15,770,790 Inspired International 18,125,656 11% 18,125,656 10% Share Price (27 Jan 2023) A$1
Slide 16: Contact
For personal use only Mario Traviati Non-Executive Director Conrad Energy Asia [email protected] +65 6517 9700
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