Conrad Asia Energy Ltd. · ASX:CRD
Conrad Asia Energy — Investor Presentation (May 2025)
22 slides from Conrad Asia Energy's investor presentation, May 5, 2025
Slide 1: Positioned to Capitalise on the World's Fastest Growing Energy Region
For personal use only Positioned to Capitalise on the World’s Fastest Growing Energy Region ASX: CRD May 2025 Authorised by the Board of Directors of Conrad.
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation is dated 5 May 2025 and has been prepared by Conrad Asia Energy Ltd (the "Company" or "Conrad"). The presentation CAUTIONARY STATEMENT does not purport to contain all the information that a prospective investor may require in connection with any pote
Slide 3: Board and Management
Board and Management Highly experienced Board and Management team with strong technical, operational and financial backgrounds Board Management For personal use only Skilled and experienced technical, project, financial, commercial and Offices in Jakarta and Singapore stakeholder engagement teams 3
Slide 4: Attractive Portfolio of Projects
Attractive Portfolio of Projects Portfolio of discovered and prospective gas assets located in region of growing gas demand 1. Near Term Development Opportunity MALAYSIA Duyung PSC, 91.5% Participating Interest – Mako Gas Field DUYUNG For personal use only • Contains the Mako Gas Field, with 2C Cont
Slide 5: Three Major Project Areas
Three Major Project Areas 2C Contingent Resources 592 Bcf 100%, 355 Net Attributable Mako Gas Field Development Gas Sales Agreement, Farm Down, FID all forecast for completion in 2025 – first production in 2027 2C Contingent Resources of 3761 billion cubic feet (“Bcf”, 100%) sales gas (1931,5 Bc
Slide 6: Strong Macro Backdrop for Gas in Indonesia
Strong Macro Backdrop for Gas in Indonesia Indonesia's Net Gas Exports Falling with Rising Consumption, Falling Production1 • Coal continues to dominate Indonesia’s energy mix at 43%, with natural gas only at 16%. Hence the government’s desire for more, cleaner burning gas For personal use only • St
Slide 7: Conrad's Aceh PSCs Located Near to Current Exploration Hot-Spot
Conrad’s Aceh PSCs Located Near to Current Exploration Hot-Spot For personal use only see Slide 9 7
Slide 8: Aceh PSCs contain gas discoveries & inventory of Prospects & Leads
Aceh PSCs contain gas discoveries & inventory of Prospects & Leads Aceh PSCs – Discovered & Prospective Resources Conrad is operator of two PSCs covering 20,000 sq kms and holds a 100% interest in each. Each PSC has a 30-year tenure. Water depths vary between 5 - 1,500 metres Aceh Contingent Resou
Slide 9: Aceh Shallow-Water Carbonate Complexes – Maturing Near Field Potential
Aceh Shallow-Water Carbonate Complexes – Maturing Near Field Potential Contingent Resources, Prospects & Leads in close proximity to existing discoveries ONWA Discoveries, Leads 1,2,4 ONWA Discoveries, Prospects & Leads 1,3,4 For personal use only Note: (1) The net attributable resource is the comme
Slide 10: Aceh Next Steps – Shallow-water
Aceh Next Steps – Shallow-water 3D seismic to define potential Prospective Resource additions to existing discoveries Upper Miocene Carbonate Map showing outline of Planned 3D & Seismic Section with Leads adjacent to the existing discoveries1, 2 Conrad plans to acquire 3D seismic over the cluster
Slide 11: Aceh Next Steps – High Impact Exploration
Aceh Next Steps – High Impact Exploration Studies planned to better define potential Multi-Tcf Prospective Resources in Deep-water 4-Way Dip Closure with Direct Hydrocarbon Indicators / Submarine Slope Fan – Amplitude vs Offset Response (Type III) For personal use only PL 1 Lead with Stacked DHIs No
Slide 12: Duyung PSC and Mako Gas Field Overview
Duyung PSC and Mako Gas Field Overview Largest undeveloped gas discovery in the West Natuna Sea with key under-utilised infrastructure in place • The Mako Gas Field principally lies within the Duyung PSC and is the largest undeveloped gas resources in the Natuna Sea; a major hydrocarbon basin For pe
Slide 13: Board and Management are Significant Shareholders
Board and Management are Significant Shareholders Conrad has grown into a significant company since IPO in 2022 Split of Total CRD Securities Post-Placement April 2025 % of Total Non-executive directors own 15% of Conrad securities on issue (post-placement April 2025) For personal use only Manag
Slide 14: Capital raising overview
Capital raising overview Placement to raise approximately A$9.0 million, with the ability to accept oversubscriptions • Two-tranche placement to raise approximately A$9.0 million through the issue of ~13.8 million New CDIs, representing ~7.7% of Conrad’s currently issued capital (“Placement”), compr
Slide 15: Sources and Uses of Funds
Sources and Uses of Funds Funds raised will be used to support near-term project costs and working capital requirements For personal use only Sources A$m • The Company is undertaking an equity raise of approximately A$9.0 million to fund further project costs and working capital requirements in Plac
Slide 16: Indicative Timetable
Indicative Timetable Event Date Trading Halt Thursday, 1 May 2025 For personal use only Placement bookbuild conducted Friday, 2 May 2025 Trading halt lifted, announce completion of Placement Monday, 5 May 2025 Settlement of New CDIs under Tranche 1 of the Placement Thursday, 8 May 2025 Quotation and
Slide 17: Summary
Summary Exposure to a portfolio of South-east Asian gas development, appraisal and exploration assets Conrad believes that gas will play an important role in progressing a cleaner energy transition in Indonesia and adjacent South-east Asian markets and it has the projects, both discovered and prospe
Slide 18: Key Risks
Key Risks This section sets out the key risks attaching to an investment in New CDIs, which may affect the future operating and financial performance of Conrad and the value of Conrad CDIs. The risks set out below do not constitute an exhaustive list of all risks involved with an investment in Conra
Slide 19: Key Risks Continued
Key Risks Continued EXPLORATION RISK PRODUCTION RISK Oil and gas exploration is by its nature, speculative, and each Prospect and Lead carries a degree of risk associated with the successful The Company’s existing portfolio of assets are not in production. There is a risk that the Company’s assets m
Slide 20: Key Risks Continued
Key Risks Continued SPECIFIC RISKS IN RELATION TO THE COMPANY’S ASSETS OFFER RISKS PERFORMANCE UNDER THE POD REVISION DILUTION RISK All companies are required to undertake activities, within certain timeframes, stipulated in plans of development. The Company will be Existing CDI holders who do not p
Slide 21: Foreign Offer Restrictions
Foreign Offer Restrictions INTERNATIONAL OFFER RESTRICTIONS SINGAPORE This presentation does not constitute an offer of New CDIs in any jurisdiction in which it would be unlawful. In particular, this presentation This presentation and any other materials relating to the New CDIs have not been, and w
Slide 22: For personal use only
Peter Botten For personal use only Chairman Conrad Asia Energy Ltd [email protected] Mario Traviati Non-Executive Director Conrad Asia Energy Ltd [email protected] +65 6517 9700 Miltos Xynogalas Managing Director Conrad Asia Energy Ltd [email protected] +62 811 904 658
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