Galilee Energy Limited · ASX:GLL

Galilee Energy — Investor Presentation (September 2017)

12 slides from Galilee Energy's investor presentation, September 2017

  1. Slide 1: Investor Presentation Galilee Energy

    September 2017 Investor Presentation Galilee Energy Peter Lansom Managing Director

  2. Slide 2: Company Overview

    Company Overview Location of Glenaras Gas Project § Oil and gas explorer with strong balance sheet (Galilee Basin) § Experienced management team with a demonstrated hands-on track record of top tier Australian CSG exploration and development § Strong shareholder alignment with the directors and m

  3. Slide 3: Corporate snapshot

    Corporate snapshot Financial information Top shareholders (as at 1 August 2017) Share price (5 September17) A$0.095 Ecarlate 12.1% Number of shares 152.1M Slade Technologies Pty Ltd 4.3% Market capitalisation A$14.4M Becamal 3.6% Cash (30 June 17) A$6.1M Mr P and Mrs S Bilston 2.9% Directors and man

  4. Slide 4: Glenaras Gas Project Overview

    Glenaras Gas Project Overview § Large scale, independently assessed resource Category Resource-Estimate-(PJ) 1C 308 2C 2,508 3C 5,314 § Strong geological understanding (20+ exploration wells, 700km seismic, two multi-well pilots) § Close to market, only 80km to Barcaldine Power Station and Cheepi

  5. Slide 5: Glenaras Gas Project - CSG properties

    Glenaras Gas Project - CSG properties The Betts Creek Coal sequence exhibits excellent qualities for gas production § Successful CSG projects require three key parameters: – Resource Concentration (thickness, gas content) ✓ – Productivity (thickness, permeability) ✓ – Pressure drawdown in the coal

  6. Slide 6: R1 seam – Vertical well pilot

    Glenaras R1 seam – Vertical well pilot A TEST OF THE R1 SEAM AT GLENARAS WAS THE LOWEST COST OPTION TO APPRAISE THE SIGNIFICANT RESOURCE § R1 seam is the thickest seam, never completed in initial pilot testing at Glenaras. § Not affected by previous fracture stimulations. § All five vertical well

  7. Slide 7: R1 seam pilot outcomes

    Glenaras R1 seam pilot outcomes § Excellent data gathered from this pilot work has determined to the pathway forward to commercialisation. § Summary of R1 Pilot results: § Revised artificial lift system has performed flawlessly. ✓ § Coal architecture has a strong directional permeability due to

  8. Slide 8: Glenaras Gas Project – New Lateral Pilot

    Glenaras Gas Project – New Lateral Pilot Additional areal drawdown required to achieve gas desorption over a large area § Target good permeability coal in the near vicinity of the R1 pilot. Allow use of existing key infrastructure; camp, pond, flare. § Pilot design is 3 new lateral wells intersect

  9. Slide 9: Several pipeline options

    Several pipeline options Multiple market and pipeline options § Galilee Energy are in discussion with a number of gas customers: – Domestic and export – Significant interest in Galilee Basin as new source of supply by both Government and buyers. § Early stage commercialisation option to Barcaldine

  10. Slide 10: Investment Summary

    Investment Summary § The Glenaras Gas Project has the potential to be a significant new supply source for Queensland. § Galilee is the leading explorer in the Basin, close to unlocking Reserves. § Project is expected to be price competitive to East Coast domestic market. § Project timeline shows

  11. Slide 11: Appendix

    Appendix BACKGROUND ON GALILEE MANAGEMENT 12

  12. Slide 12: Experienced oil and gas team

    Experienced oil and gas team Board and Management Dr. David King Peter Lansom Ashley Edgar Gerard Ryan Non- Executive Chairman Managing Director Geoscience Manager General Manager - PhD, MSc, B.E. Petroleum (Hons) B. App Science (Applied Geo) Operations FAusIMM, FAICD. B.E. (Mech & Petroleum) 40+ ye

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