ADX Energy Ltd · ASX:ADX
ADX Energy — Shareholder Meeting (May 2024)
19 slides from ADX Energy's shareholder meeting presentation, May 22, 2024
Slide 1: An ASX listed European Energy Producer and Explorer
For personal use only An ASX listed European Energy Producer and Explorer “Reliable energy doesn’t need to cost the earth” ASX:ADX I n v e ASX: s t o rADX Update | 22 May 2024 |Annual General Meeting adx-energy.com
Slide 2: Disclaimer Statement
2 Disclaimer Statement Important notice: For personal use only This document has been prepared by ADX Energy Ltd (“ADX”) for the purpose of providing information to interested analysts, investors and shareholders. Any statement, opinions, projections, forecasts or other materials contained in this d
Slide 3: Investment Proposition and Operating Strategy
Investment Proposition and 3 Operating Strategy For personal use only Increasing Reserves and World-class Value Adding, Operating Active Drilling Operating Production Exploration Complementary Capability Program Cashflow Growth from Portfolio in the Renewable • Ability to • Funded by New Discovery h
Slide 4: Corporate and Asset Summary
4 Corporate and Asset Summary Positioned for a smarter, cleaner future for Europe Capital Structure Share price as at 17.05.2024 A$ 0.091 For personal use only 2 Number of shares 510.2 m Number of options 2 100.1 m Market capitalisation A$ 46.4 m 2 Austria Oil & Gas Assets Austria Clean Energy Proje
Slide 5: 2024 recent highlights and key near term activities
5 2024 recent highlights and key near term activities Recent Focus Activities on Welchau resource definition, increasing cash flow and reserves growth Recent Activities * 2024 Planned Activities (June to December 2024) For personal use only March 2024 Drill Welchau-1 Gas and Liquids Welchau gas li
Slide 6: ADX investment focus is on Austria
6 ADX investment focus is on Austria A significant oil and gas industry 1 billion bbl oil & 2.7 Tcf gas For personal use only produced to-date 75-Year oil & gas duopoly before ADX became the third operator in country High value energy markets for both oil and gas and excellent access to infrastructu
Slide 7: Vienna Basin Production Assets
7 Vienna Basin Production Assets Stable, high value production with long term potential Vienna Basin Fields (100% interest) A long-term future for Vienna Basin Fields A unique position – own the land + storage reservoirs + green Low emission, low decline production delivering For personal use on
Slide 8: Upper Austria
8 Upper Austria Evaluation, appraisal and exploration program Welchau discovery For personal use only evaluation and testing Anshof appraisal drilling Welchau-1 Giant Welchau 100km2 Near field gas Jurassic anticline exploration drilling Molln-1 Welchau top Jurassic anticline, including a 2D se
Slide 9: Summary of 2024 Evaluation, Appraisal and Exploration Program
9 Summary of 2024 Evaluation, Appraisal and Exploration Program For ADX Upper Austria licences October 2024 For personal use only Anshof-2A Oil Appraisal Well Production and cash flow growth November 2024 ADX-AT-I Gas Exploration Well High value, near Western field gas potential Gas Prospects Anshof
Slide 10: Anshof-2A Sidetrack Appraisal Well
10 Anshof-2A Sidetrack Appraisal Well The Anshof-2A sidetrack will target high quality reservoir up-dip of Anshof-2 (ANS-2) Well cost will be minimised by using existing ANS-2 well bore and side tracking below existing 9 5/8” casing shoe For personal use only NRV from Min Net Map (normal distrib
Slide 11: Near Field Gas Prospect Exploration
11 Near Field Gas Prospect Exploration Scheduled for November 2024 For personal use only 3 Investor Presentation – 22 May 2024
Slide 12: Welchau-1 Well Update
12 Welchau-1 Well Update Post-well Technical Analysis Work Completed to date Well Data For personal use only Structural Interpretation - The shallower Opponitz Fm. is highly faulted and tectonised. Below the anticline the reservoir section of the well shows a less disturbed setting with low angle
Slide 13: Welchau-1 Well Update – Summary of Results
13 Welchau-1 Well Update – Summary of Results From Gas Shows while drilling, Well Sampling and Well Logs The well encountered 450 metres of hydrocarbon shows in mostly carbonate reservoirs with fracture and vuggy networks important for enhancement of permeability and porosity For personal use only C
Slide 14: Welchau-1 Well Update: Forward evaluation work program to testing
14 Welchau-1 Well Update Forward evaluation work program to testing Structural Volumetric Revised Well Test For personal use only Interpretation Parameters Resource Est. Planning »Finalise Welchau »Finalise Core »Update resource »Finalise and plan structural Special Core estimate ranges the producti
Slide 15: Welchau Gas Liquids Discovery: Indicative economics and profitability benchmarking
15 Welchau Gas Liquids Discovery Indicative economics and profitability benchmarking Indicative Economic Potential Compelling potential Welchau Profitability Index Ratio2 vs For personal use only (EUR mil.) at EUR 30/MWh gas price Large gas and liquid resource other gas projects in Europe potentia
Slide 16: Welchau's potential is of national significance
16 Welchau’s potential is of national significance Austria’s gas supplies remain highly vulnerable & Russia dependent "Our dependence on Russian natural gas threatens the Russian Imports as a Percentage of Total For personal use only prosperity, security and future of our country. Our goal is to get
Slide 17: Welchau Gas Liquids Discovery: Challenges and Opportunities
17 Welchau Gas Liquids Discovery Challenges and Opportunities “Welchau is a resource of potential national significance ◊ With additional evaluation can come For personal use only increasing value and reduced risk ◊ We are starting from a very encouraging place” Challenges The RED E200 drill rig pri
Slide 18: ADX role in European energy transition
18 ADX role in European energy transition Ideally positioned in the near term and the longer term Growth in Global Energy Demand Oil & gas demand continues to increase For personal use only The transition to renewables is taking longer than expected Pace of Transition to Date Gas is a transition
Slide 19: The ADX Team
The ADX Team 19 Experience of our Board and Management Team Connect with Us For personal use only Better energy Ian Tchacos Executive Chairman A cleaner smarter future for Europe [email protected] adx-energy.com Mr Ian Tchacos, Executive Chairman Ms Amanda Sparks, Finance Manager & Co Com