Nuenergy Gas Limited · ASX:NGY
Nuenergy Gas — Investor Presentation (November 2024)
24 slides from Nuenergy Gas's investor presentation, Nov 19, 2024
Slide 1: Delivering clean energy to Indonesia
For personal use only Delivering clean energy to Indonesia NuEnergy Gas Limited (ASX:NGY) | Corporate Presentation | October 2024 (ASX:NGY) 1
Slide 2: Indonesia's energy transition towards net-zero
Indonesia's energy transition towards net-zero Natural gas is playing a significant role in Indonesia’s energy transition. The country is leveraging its substantial gas reserves to shift away from more polluting fuels like coal and diesel. This approach helps Indonesia balance its immediate energy n
Slide 3: NuEnergy Snapshot
NuEnergy Snapshot For personal use only Indonesia - One of Excellent alternative High demand for gas as Attractive gas A$6m raised from the world’s largest CBM to depleting natural a clean transition energy pricing NGY Rights Issue on resources gas in Indonesia source in Indonesia with dynamics, and
Slide 4: Company History
Company History NuEnergy (“NGY”) has developed significant value over several years, diversified across multiple projects, with tier-1 in-country partnerships For personal use only PRODUCTION SHARING CONTRACTS CORPORATE DEVELOPMENT PROJECT DEVELOPMENT • Investment agreement with NCE • Signing of gro
Slide 5: Asset Overview
Asset Overview NGY operates four key assets (all in South Sumatera Indonesia) that are at varying stages in development, with total Gas In Place of 9,691 BCF For personal use only PSC TANJUNG ENIM MUARA ENIM MUARA ENIM II MURALIM NGY Ownership (combined 100% acreage: 2,279 km2) Gas In Place 484 BCF
Slide 6: Commercialisation Pathway
Commercialisation Pathway Exploration Appraisal Plan of Development (POD) Development Production For personal use only TANJUNG ENIM POD Secured MUARA ENIM Pre-POD Approval MURALIM Exploration Program Underway MUARA ENIM II Appraisal Program Underway • G&G Studies: • G&G Studies: • Commercial viabili
Slide 7: Asset Overview
For personal use only Asset Overview (ASX:NGY) 7
Slide 8: Major Local Partners
Major Local Partners NGY has partnered with some of the largest & most sophisticated operators within the Indonesian energy sector to commercialise its four core assets For personal use only TANJUNG ENIM TANJUNG ENIM MUARA ENIM MUARA ENIM II ASSET OWNERSHIP ASSET OWNERSHIP BUKIT ASAM HOLDS 27.5% OF
Slide 9: Coalbed Methane Reservoir Comparisons
Coalbed Methane Reservoir Comparisons Powder River Basin, one of the most successful CBM project globally, and the South Sumatra basin display similar CBM reservoir features For personal use only General Assessment of CSG & CSB Project Parameters & OGIP South Sumatra Basin Metric Powder River Basin
Slide 10: Coal Thickness & Depth
Coal Thickness & Depth Coal Thickness Coal Depth For personal use only Tanjung Enim 21m 49m Tanjung Enim 380m 460m Muara Enim 36m 45m Muara Enim 730m 840m Muara Enim II 40m 54m Muara Enim II 500m 550m Muarlim 29m 32m Muarlim 495m 725m 0m 20m 40m 60m 0m 250m 500m 750m 1000m Thickness Range Depth Rang
Slide 11: Tanjung Enim – POD Secured & Early Gas Sales
Tanjung Enim – POD Secured & Early Gas Sales NGY has achieved POD approval for the Tanjung Enim asset and are now moving towards the development phase • TE POD I covers the contract area of 33 km2, and has confirmed and certified reserves totalling 164 bcf. Location Ownership1 For personal use only
Slide 12: Tanjung Enim – Early Gas Sales Implementation
Tanjung Enim – Early Gas Sales Implementation Early Gas Sales Transport to Java • Up to 1 MMSCFD of gas production For personal use only • Gas Buyer: PT. Perusahaan Gas Negara Tbk • Total Wells: 4 wells in one pad – small footprint for cost effectiveness • Metering at the gate • Monetization process
Slide 13: Tanjung Enim – Early Gas Sales Implementation
Tanjung Enim – Early Gas Sales Implementation • NGY has identified the drilling sites in Muara Surface facilities including the Enim District, South of Sumatera, Indonesia, manifold, separator, dryer, and with a total area of about 3 hectares. • NGY is currently completing the land metering system w
Slide 14: Muara Enim – Pre-POD
Muara Enim – Pre-POD NGY is at the pre-POD stage for the Muara Enim asset and is now moving to POD phase Location Location Ownership1 For personal use only • Located about 45km to 60km and 100km to 120km from growing economy and industrial cities of Prabumulih and Palembang. 40% • Co-located Tanjung
Slide 15: Muara Enim II – Appraisal
Muara Enim II – Appraisal NGY is at the appraisal stage for the Muara Enim II asset Location Location Ownership1 For personal use only • Located about 30km to 50km and 85km to 120km from growing economy and industrial cities of Prabumulih and Palembang respectively. 30% 30% NuEnergy (Operator) • Co-
Slide 16: Muralim – Appraisal
Muralim – Appraisal NGY is at the appraisal stage for the Muralim asset Location Location Ownership1 For personal use only • Located about 70km and 140km from growing economy and industrial cities of Prabumulih and Palembang respectively. • Co-located Tanjung Enim PSC CBM operated by NGY providing o
Slide 17: Strategic Pathway
Strategic Pathway Q3 CY24 Q4 CY24 Q1 CY25 Q2 CY25 Q3 CY25 Permits (Gas Allocation) For personal use only Gas Sales Agreement (GSA) Tender Processes and Preparation Drilling Operation Tanjung Enim Dewatering Establish Flowline & Early Production Facilities Onstream - Commissioning & First Gas Product
Slide 18: Market Rationale
For personal use only Market Rationale (ASX:NGY) 18
Slide 19: Market Demand
Market Demand Indonesia is growing rapidly in terms of both its population and economy which has been experiencing strong growth in energy demand and supporting local gas price For personal use only • World’s 4th largest population and growing rapidly, with 5% year-on-year GDP Indonesia growth forec
Slide 20: Indonesia Gas Demand
Indonesia Gas Demand Demand for gas is anticipated to continue to grow to ~14,000 mmscfd by 2030, driven by demand from fertiliser, electricity generation & general industry For personal use only 10,000 mmscfd 5,000 mmscfd 0 mmscfd 2015 2016 2017 2018 2019 2020 2021 2022 2023 2024 2025 2026 2027 202
Slide 21: Appendix
For personal use only (ASX:NGY) Appendix 21
Slide 22: Board and Management
Board and Management Experienced Board additions leverages expertise from successful Oil & Gas exploration and strong local relationships For personal use only MR KEE YONG WAH MR KONG KOK KEONG MR ALAN FRASER DR GOH TIAN CHUAN Deputy Executive Chairman Non-Executive Director Non-Executive Director C
Slide 23: Corporate Overview
Corporate Overview Strongly aligned Board & Management, with significant equity positions on the NGY register NuEnergy Gas Ltd (ASX:NGY) CAPITAL STRUCTURE For personal use only Share Price 8 October 2024 $0.020 Shares on Issue (m) 1,780m Market Capitalisation1 $37.39m Options / Performance Rights (m
Slide 24: Contact details
Contact details Corporate Office C/- KPMG, Level 38, Tower 3 International Towers Sydney For personal use only 300 Barangaroo Avenue Sydney NSW 2000, Australia Alan Fraser (Director) T: (+612) 8076 7600 [email protected] HP: (+61) 412 635 000 (ASX:NGY) 24