Nuenergy Gas Limited · ASX:NGY
Nuenergy Gas — Investor Presentation (November 2015)
33 slides from Nuenergy Gas's investor presentation, Nov 30, 2015
Slide 1: Cover letter to ASX: Investor Presentation
ABN 50 009 126 238 30 November 2015 For personal use only Company Announcement Officer Australian Securities Exchange Dear Sir/Madam NUENERGY GAS LIMITED (ASX: NGY) Investor Presentation Attached herewith is NuEnergy Gas Limited’s (“NGY”) Investor Presentation in relation to NGY’s partially underwri
Slide 2: NuEnergy Gas Limited: An Emerging Gas Exploration Company
For personal use only NUENERGY GAS LIMITED AN EMERGING GAS EXPLORATION COMPANY 30 November 2015 NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
Slide 3: Disclaimer and Important Information
DISCLAIMER AND IMPORTANT INFORMATION Disclaimer For personal use only This investor presentation (“Presentation”) has been prepared by NuEnergy Gas Limited (ACN 009 126 238) (“NGY”). This Presentation has been prepared in relation to a partially underwritten non-renounceable entitlement offer (Entit
Slide 4: Disclaimer and Important Information
DISCLAIMER AND IMPORTANT INFORMATION Not for release or distribution in the United States of America For personal use only This Presentation may not be released or distributed in the United States. This Presentation does not constitute investment or financial product advice (nor tax, accounting or l
Slide 5: Disclaimer and Important Notice
DISCLAIMER AND IMPORTANT NOTICE Investment risk For personal use only An investment in NGY shares is subject to known and unknown risks, some of which are beyond the control of NGY, including possible loss of income and principal invested. NGY does not guarantee any particular rate of return or the
Slide 6: Disclaimer and Important Notice
DISCLAIMER AND IMPORTANT NOTICE For personal use only Except as required by law or regulation (including the ASX Listing Rules), NGY disclaims any obligation and makes no undertaking to provide any additional or updated information whether as a result of new information, future events or results or
Slide 7: Disclaimer and Important Notice
DISCLAIMER AND IMPORTANT NOTICE To the maximum extent permitted by law, NGY, the underwriters and their respective affiliates or related bodies corporate, and each of For personal use only their respective advisers, directors, officers, partners, employees, contractors and agents make no representat
Slide 8: Contents
CONTENTS 1. Introduction and background 8 For personal use only 2. Offer 9 3. Investment highlights 10 4. Industry overview 11-12 5. NuEnergy profile 13-18 6. Corporate Structure 19 7. Executive/Management structures and profiles 20-25 8. Funding timeline 26 9. Risk factors 27 10. Conclusion and nex
Slide 9: A Promising ASX Listed Gas and Ancillary Power Generation Development Company
A PROMISING ASX LISTED GAS AND ANCILLARY POWER GENERATION DEVELOPMENT COMPANY LOOKING TO COMMERCIALISE ITS ASSETS NuEnergy Gas Limited ACN 009 126 238 (“NGY” or “the Company”) is For personal use only seeking to raise up to A$10.0 million via a partially underwritten non- renounceable entitlements
Slide 10: Offer Giving Investors Opportunity to Purchase Shares at 16.7% Discount
THE OFFER IS GIVING INVESTORS THE OPPORTUNITY TO PURCHASE SHARES AT 16.7% DISCOUNT TO CURRENT MARKET VALUE Globaltec is committed to taking up its entitlements on its current 55% stake of A$5.5 million of the A$10.0 million capital to be For personal use only raised. The balance of approx. A$4.5
Slide 11: Investment Highlights
INVESTMENT HIGHLIGHTS OPERATING STRAGTEGY: NGY has already hit the ground running in implementing its strategy. It has contacted potential For personal use only 1 customers, divested all non Indonesian assets, purchased quality additional Indonesian assets and have hired an experienced executive and
Slide 12: Global Coal Bed Methane Market Expected to Reach USD 17.31 Billion by 2020
GLOBAL COAL BED METHANE MARKET IS EXPECTED TO REACH USD 17.31 BILLION BY 2020, GROWING AT A CAGR OF 5.9% FROM 2014 TO 20201 The United States (US) and Canada are the largest CBM producers, Indonesia Gas balance (2011 – 2025) For personal use only accounting for over 70% of global volume in 20131.
Slide 13: Domestic Gas Price in Indonesia Ranges from US$5.00 to US$11.00/MCF
DOMESTIC GAS PRICE IN INDONESIA RANGES FROM US$5.00 TO US$11.00/MCF WHILE EXPORT PRICES ARE AS HIGH AS US$15.00/MCF Research suggests that to explore a site requires the following Consumption and production worldwide vs. For personal use only estimated capital requirements - A$2.5 to A$3.0 million
Slide 14: NuEnergy is a CBM Explorer and Developer Commercialising Indonesian Assets
NUENERGY IS A CBM EXPLORER AND DEVELOPER THAT IS LOOKING TO COMMERICALISE ITS PORTFOLIO OF ASSETS IN INDONESIA NGY was incorporated in 1985 and listed on the ASX (Code:NGY) in 1987 with the aim of exploring and developing gas and For personal use only ancillary power generating assets. It is curre
Slide 15: NuEnergy CBM Explorer and Developer (Continued)
NUENERGY IS A CBM EXPLORER AND DEVELOPER THAT IS LOOKING TO COMMERICALISE ITS PORTFOLIO OF ASSETS IN INDONESIA (CONTINUED) Indonesia has one of the largest CBM resources in the world with a potential 453 Tcf1 (“Trillion cubic feet "), more For personal use only than double the country's natural gas
Slide 16: Muara Enim and Muara Enim II
NUENERGY IS A CBM EXPLORER AND DEVELOPER THAT IS LOOKING TO COMMERICALISE ITS PORTFOLIO OF ASSETS IN INDONESIA (CONTINUED) Muara Enim and Muara Enim II For personal use only Muara Enim and Muara Enim II are located in South Sumatra, surrounded by acreage held by prominent CBM companies including D
Slide 17: PSC Summary and Resources
NUENERGY IS A CBM EXPLORER AND DEVELOPER THAT IS LOOKING TO COMMERICALISE ITS PORTFOLIO OF ASSETS IN INDONESIA (CONTINUED) Summary: For personal use only Working Area Muara Enim PSC Muara Enim II PSC Rengat PSC Date of PSC Signed 30th November 2009 1st April 2011 30th November 2009 Date of PSC Expir
Slide 18: Tanjung Enim
NUENERGY IS A CBM EXPLORER AND DEVELOPER THAT IS LOOKING TO COMMERICALISE ITS PORTFOLIO OF ASSETS IN INDONESIA (CONTINUED) Tanjung Enim (“TE”)1 For personal use only TE is located in Muara Enim Regency, South Sumatra Province. This PSC was awarded by SKK Migas (formerly known as Badan Pelaksana
Slide 19: Bungamas
NUENERGY IS A CBM EXPLORER AND DEVELOPER THAT IS LOOKING TO COMMERICALISE ITS PORTFOLIO OF ASSETS IN INDONESIA (CONTINUED) Bungamas1 The Bungamas area is located adjacent to Tanjung Enim PSC and Muralim PSC. For personal use only In 2014, Bungamas Joint Evaluation was awarded by the Indonesian G
Slide 20: NuEnergy Corporate Structure
NUENERGY CORPORATE STRUCTURE For personal use only 100% 100% 100% 100% 100% 100% Indon CBM NuEnergy Dart Energy Sheraton Indon CBM Sumbagsel II Gas Pourmore (Indonesia) Pines Pty Pty Ltd2 Pte Ltd1 (Singapore) Pty Ltd2 Holdings Pte Ltd1 Ltd2 (Rengat) (Muara Enim II) Pte Ltd1 95% Dart Energy Dart Ener
Slide 21: Board of Directors
THE EXECUTIVE AND MANAGEMENT TEAM HAS OVER 282 YEARS OF RELEVANT OIL/GAS/COAL, INFRASTRUCTURE, POWER AND PROPERTY DEVELOPMENT, MINE MANAGEMENT AND CONSTRUCTION, FINANCE EXPERIENCE Board of Directors For personal use only Kong Kok Datuk Seri Keong Kee Yong Panglima (Dr.) Goh Graeme Chen Heng Alan Fra
Slide 22: Executive and Management Team (Continued)
THE EXECUTIVE AND MANAGEMENT TEAM HAS OVER 282 YEARS OF RELEVANT OIL/GAS/COAL, INFRASTRUCTURE, POWER AND PROPERTY DEVELOPMENT, MINE MANAGEMENT AND CONSTRUCTION, FINANCE EXPERIENCE (CONTINUED) Kee Yong Wah Mr Kee is the founder, director and CEO of NCE with over 30 years experience working in the O
Slide 23: Executive and Management Team (Continued)
THE EXECUTIVE AND MANAGEMENT TEAM HAS OVER 282 YEARS OF RELEVANT OIL/GAS/COAL, INFRASTRUCTURE, POWER AND PROPERTY DEVELOPMENT, MINE MANAGEMENT AND CONSTRUCTION, FINANCE EXPERIENCE (CONTINUED) Graeme Graeme has over 30 years experience in the coal, infrastructure and power development industries. F
Slide 24: Management Team
THE EXECUTIVE AND MANAGEMENT TEAM HAS OVER 282 YEARS OF RELEVANT OIL/GAS/COAL, INFRASTRUCTURE, POWER AND PROPERTY DEVELOPMENT, MINE MANAGEMENT AND CONSTRUCTION, FINANCE EXPERIENCE (CONTINUED) Management team Kee Yong Wah For personal use only Executive Director Dr. Ian Wang Chief Executive Officer D
Slide 25: Executive Team (Continued)
THE EXECUTIVE TEAM HAS OVER 282 YEARS OF RELEVANT OIL, GAS, COAL, INFRASTRUCTURE, POWER & PROPERTY DEVELOPMENT, MINE MANAGEMENT & CONSTRUCTION, ACCOUNTING AND FINANCE EXPERIENCE (CONTINUED) Dr Zhang Dr Zhang Sheng Li has over 28 years experience in the O&G and CBM industry, predominantly on the ex
Slide 26: Executive Team (Continued)
THE EXECUTIVE TEAM HAS OVER 282 YEARS OF RELEVANT OIL, GAS, COAL, INFRASTRUCTURE, POWER & PROPERTY DEVELOPMENT, MINE MANAGEMENT & CONSTRUCTION, ACCOUNTING AND FINANCE EXPERIENCE (CONTINUED) Huang Huat King Mr Huang has over 27 years of experience in the O&G exploration and production sectors, part
Slide 27: Rights Issue/Fund Raising Cashflow
RIGHTS ISSUE/FUND RAISING CASHFLOW For personal use only A$ 48.0 million A$ 10.0 million Funding Rights Issue requirement Stage 1: Reserves certification & Resources/reserves Migration Execute drilling campaigns in the NGY assets which will provide representative information for reserves booking.
Slide 28: Consideration of Risk Factors Relating to Commercialisation
CONSIDERATION OF RISK FACTORS RELATING TO COMMERICALISATION The risks factors pertaining to the commercialisation, within the two to three year period include but not limited to the For personal use only following: Timely fund raising – this rights issue and future capital raisings upon Stage 1 su
Slide 29: NuEnergy - Conclusion and Next Steps
NUENERGY - CONCLUSION AND NEXT STEPS NGY is an opportunity for medium to long-term investment in the oil and gas For personal use only sector. Rights issue of A$10.0 million by - Well established PSCs within Indonesia’s largest gas basins; December 2015 - A newly established executive/ management
Slide 30: Appendices
For personal use only 29 NOT FOR DISTRIBUTION OR RELEASE IN THE UNITED STATES
Slide 31: Appendix: Globaltec Formation Berhad
APPENDIX: GLOBALTEC FORMATION BERHAD (“GLOBALTEC”) • Globaltec was established and listed on the Bursa Malaysia in 2012, with an authorised For personal use only share capital of RM1 billion. • Globaltec has operations across three segments: a) Energy Segment – Oil & Gas exploration and production a
Slide 32: Appendix: Coal Bed Methane (CBM) Fact Sheet
APPENDIX: COAL BED METHANE (CBM) FACT SHEET Coal Bed Methane (CBM), also referred to as Coal Seam Methane For personal use only (CSM) and Coal Seam Gas (CSG) is a naturally occurring methane gas (CH4) in coal seams1. CBM is an unconventional gas generated through conversion of plant material to
Slide 33: Appendix: Coal Bed Methane (CBM) Fact Sheet
APPENDIX: COAL BED METHANE (CBM) FACT SHEET Drilling costs account for approximately 74.3% of the total cost of production Cost of production For personal use only of one cubic meter of CBM gas, followed by electricity and maintenance cost with 8.1% and 6.8% respectively1. 5% The growth of CBM i