Canasia Energy Corp · TSXV:CEC
Canasia Energy — Investor Presentation (August 2024)
17 slides from Canasia Energy's investor presentation, August 2024
Slide 1: Corporate Presentation August 2024
TSXV: “CEC” Page 01 Corporate Presentation August 2024 CanAsia Energy Corp.
Slide 2: Cautionary Statement
Cautionary Statement Page 02 Unless otherwise noted, all information herein is given as at August 15, 2024. Forward-Looking Information This presentation contains forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements and information are bas
Slide 3: Cautionary Statement
Cautionary Statement Page 03 The Company has provided forward-looking information with respect to resources estimates related to Canada and estimated costs associated with work commitments in Canada. Resources estimates are prepared by independent reservoir engineers and there are numerous uncertain
Slide 4: Cautionary Statement
Cautionary Statement Page 04 The Resources Report identified key positive and negative factors for development of the Bluesky formation in the Sawn Lake area. Key positive factors include: the abundance of well data available from penetrations on and surrounding Andora’s lands (petrophysical, geophy
Slide 5: CanAsia Energy Corp.
CanAsia Energy Corp. Page 05 On August 25, 2022, Pan Orient Energy Corp. completed a transaction (“Arrangement”) that resulted in Dialog Asia acquiring Pan Orient’s Thailand operations for a consideration of approximately CAD $50MM. Pan Orient’s Canadian assets (mainly its interests in Andora En
Slide 6: Management History - Thailand
Management History - Thailand Page 06 Thailand-History of Value Creation: • Concession L44/43 (2012): Thailand: L44/43 – Purchased A 60% operated interest in 2005 for $7.5MM Sold 2012 – Sold June 2012 for net proceeds of $174 million, • Concession L53 (2023): – Successful bidder & Operator in 2007 T
Slide 7: Financial & Contingent Resources Summary
Financial & Contingent Resources Summary Page 07 Financial Basic Common Shares Outstanding (TSXV:CEC) Jun30-2024 112.8 million Shares held by Directors & Officers 22.9 million shares or 20.3% Stock Options ($0.15 weighted average exercise price) 9.8 million Broker Warrants ($0.10 exercise price) 1.8
Slide 8: Management, Directors & Shareholders
Management, Directors & Shareholders Page 08 Management & Directors Jeff Chisholm - President/CEO/Director Marcel Nunes – CFO Gerry Macey - Chairman Richard Alexander – Audit Comm Chairman Chris Newton – Director Cam Taylor – Director Craig Pichach - VP Operations (Andora) Shareholders (As at Jun30-
Slide 9: CanAsia's Recent Activities
CanAsia’s Recent Activities Page 09 Canada – Sawn Lake SAGD Project (Andora Operator with 100% working interest) 1. Sawn Lake project has maintained readiness for commercial re-start and expansion in a series of stages. 2. CanAsia completed brokered private placement financing in December 2023/Janua
Slide 10: Activity Schedule 2024/25
Activity Schedule 2024/25 Page 010 Activities Q3/2024 Q4/2024 Q1/2025 Q2/2025 Sawn Lake Farmout and/or Sale Thailand Onshore Bid Round ? CanAsia Energy Corp.
Slide 11: Expansion of Sawn Lake, Alberta
Expansion of Sawn La Sawn Lake, Alberta Page 011 • CanAsia 100% working interest & operator in Sawn Lake Central • Successful demonstration project 2013-2016. • 7-30 SAGD facility & wellpair #1 currently suspended since 2016 • SAGD facility & wellpair secured (electronic security, fencing in place,
Slide 12: Sawn Lake, Alberta Asset
Sawn Lake, Alberta Asset Page 012 CanAsia: 100% WI & Operator 304 MMbbls Risked “Best Estimate” contingent resources (Jun30-2024) 650+ BOPD & 2.1 ISOR pilot completed in 2016 CanAsia Energy Corp.
Slide 13: Sawn Lake Lands
Sawn Lake Lands Page 013 Sawn Lake Central - Operated • 100% of 11 sections - Andora is Operator (Continued Indefinitely) Existing Facility & Well Pair #1 • Oil Sands Leases 740307A365 & 740307A367 • 241 MMbbls risked “Best Estimate” contingent resources (Note1) • SAGD Demonstration Project facility
Slide 14: Andora Contingent Resources Report Jun30-2024
Andora Contingent Resources Report Jun30-2024 Results from Sproule Presentation Page 014 “Unrisked” Best Estimate as of: Net to Net to NPV @ After Tax (MM$) – Net to CanAsia Andora CanAsia MMbbls MMbbls 0% 5% 10% 15% June 30, 2024 (1) 358 358 10,331 2,507 850 356 December 31, 2023 (2) 287 287 7,958
Slide 15: SAGD Pilot Well Pair #1 Performance
SAGD Pilot Well Pair #1 Performance Page 015 CanAsia Energy Corp.
Slide 16: SAGD Project Comparison
SAGD Project Comparison Page 016 Tier 1 Projects Sawn Lake CanAsia Energy Corp.
Slide 17: Summary
Summary Page 017 CanAsia owns and operates 100% of the Sawn Lake SAGD project in Alberta , Canada CanAsia will seek a new partner for Sawn Lake by way of farmout, or an outright sale The Government of Thailand is anticipated to announce a new onshore bid round by year end 2024 New ventures a