Agl Energy Limited · ASX:AGL
Agl Energy — APPEA Conference 2012
13 slides from Agl Energy's conference presentation, Oct 10, 2012
Slide 1: Presentation to APPEA conference, Brisbane
AGL Energy Limited ABN: 74 115 061 375 St Leonards NSW 2065 North Sydney NSW 2060 F: +61 2 9921 2552 Locked Bag 1837 Level 22, 101 Miller St T: +61 2 9921 2999 AUSTRALIA AUSTRALIA www.agl.com.au ASX release Presentation to APPEA conference, Brisbane 10 October 2012 A presentation is being delivered
Slide 2: Securing Gas Supply in Regional NSW
REGIONAL IMPACTS Securing Gas Supply in Regional NSW Mike Moraza | Group General Manager Upstream Gas | October 2012 | AGL External
Slide 3: CSG concerns
2 CSG concerns » Securing Gas in NSW » October 2012 » AGL External
Slide 4: Demand
3 Demand Historical Natural Gas Consumption in NSW Gladstone LNG contracts 2,000 PJ PJ 1,800 Potential 1,600 1,400 1,200 Firm 1,000 800 Firm 600 400 Firm 200 0 2012 2014 2016 2018 2020 2022 2024 2026 2028 2030 QCLNG GLNG APLNG Arrow LNG Source: ABARE Source: Company reports, AGL estimates » Securing
Slide 5: Supply
4 Supply › 95% of NSW AGL Long-term Gas Supply Contracts supply from out of state › AGL supplies gas to 700,000 NSW customers Equity gas production and › Legacy contracts new contracts needed to meet are expiring as LNG demand projects are locking in their contracts » Securing Gas in NSW » October 2
Slide 6: AGL's NSW CSG projects
5 AGL’s NSW CSG projects » Securing Gas in NSW » October 2012 » AGL External
Slide 7: Camden Gas Project (PELs 1, 2, 4, 5, 6)
6 Camden Gas Project (PELs 1, 2, 4, 5, 6) Producing New South Wales gas for use by the state › Producing since 2001 › Currently supplies around 5% of gas used in NSW › 143 wells drilled; 100 km of low pressure gas gathering lines › Gas sales at of 15 to 17.5 TJ/d; equates to supplying around 265,000
Slide 8: Gloucester Gas Project (PEL 285)
7 Gloucester Gas Project (PEL 285) Exploration underway; await Commonwealth approval for development › Independent peer review of AGL’s water studies released in May 2012 › NSW Land and Environment Court decision to uphold the Part 3A approvals › Commitments made to the community in December 2011 ha
Slide 9: Hunter Gas Project (PELs 4 and 267)
8 Hunter Gas Project (PELs 4 and 267) Exploration activity to continue for another 3 to 5 years › PEL 267 renewal expected soon › 142 PJ 2P reserves; targeting 500 PJ › 16 core holes; 6 strat holes; 2 test wells › 307 km of seismic data › Groundwater monitoring program established › Local community
Slide 10: NSW Government's new CSG regulations
9 NSW Government’s new CSG regulations More rigorous framework provides certainty › The package of Strategic Regional Land Use Plans: » New England North West and Upper Hunter Plans » Gateway process » CSG codes of practice for well integrity and fracturing » Policies on groundwater and aquifers › A
Slide 11: Government approvals
10 Government approvals New South Wales has reopened for business › Expect approval soon on: » PELs 2, 4, 267, 285 renewals » Hunter pilot well REFs » Transition of Camden’s northern expansion to new State Significant Development regime » Gloucester EPBC approval › Commonwealth’s Energy White Paper
Slide 12: Community relations
11 Community relations Misinformation and misunderstanding influences opinions › AGL’s community engagement activity includes: » Community Consultative Committees » Project newsletters and fact sheets » Updates in community newspapers » Regular consultation with landowners and neighbours » Informati
Slide 13: Viability check list
12 Viability check list AGL well positioned to increase self-supply of gas from 2016 Camden Gloucester Hunter Reserves and resource Regulatory framework Permit renewals Government approvals » Securing Gas in NSW » October 2012 » AGL External