NuEnergy Gas Limited · ASX:NGY
NuEnergy Gas — Shareholder Meeting (November 2018)
25 slides from NuEnergy Gas's shareholder meeting presentation, Nov 15, 2018
Slide 1: Annual General Meeting 15 November 2018
For personal use only ANNUAL GENERAL MEETING 15 November 2018 DELIVERING CLEAN ENERGY TO INDONESIA WWW.NUENERGYGAS.COM ASX I NGY
Slide 2: Disclaimer
Disclaimer For personal use only This presentation has been prepared by NuEnergy Gas Limited (“NGY” or the “Company”) and is being provided for the sole purpose of providing preliminary background financial, operational and other information to enable shareholders and/or prospective investors to rev
Slide 3: Table of Contents
Table of Contents For personal use only • About NuEnergy • Indonesia’s Energy Markets • Our Portfolio • July 2017 – November 2018 Company Highlights • Major Milestones 3
Slide 4: Corporate Overview
Corporate Overview For personal use only • NuEnergy Gas is an ASX Listed, Independent Clean Energy Company • Paid-Up Capital: AUD55 Million • Focused on Exploring, Developing & Producing Clean Gas in Indonesia • 6 Production Sharing Contracts (PSC) Covering Over 3,600km2 • Proud Partner of the Indon
Slide 5: Leading Unconventional Gas Company in Indonesia
Leading Unconventional Gas Company in Indonesia For personal use only Excellent Geology Low-Risk & Expert Low-Cost Management Drilling Team NuEnergy Focused Gas Strong Strategy & Balance Near Term Sheet Development Government World-Class Support Partners 5
Slide 6: Exciting Asset Portfolio With Investment Upside
Exciting Asset Portfolio With Investment Upside For personal use only 6
Slide 7: Experienced Board and Proven Leadership Team
Experienced Board and Proven Leadership Team For personal use only NuEnergy Gas has augmented an experienced board and proven leadership team with: • Vast experience of operating and commercializing unconventional gas and CBM projects • Deep technical knowledge and understanding of hydrocarbon geolo
Slide 8: Strong & Supportive Shareholder Base
Strong & Supportive Shareholder Base For personal use only Our major shareholders are - 1. Globaltec Energy Resources (“GER”) 2. New Century Energy Resources (“NCE”) About GER and NCE • GER and NCE are subsidiaries of Globaltec Formation Berhad (“Globaltec”), a conglomerate listed on the Malaysian S
Slide 9: Committed, World Class, National Partners
Committed, World Class, National Partners For personal use only • We offer our shareholders a Indonesia’s unique opportunity to access National Oil South East Asia and gain Company exposure to Indonesia’s fast moving and dynamic energy market Indonesia’s Largest Energy • We are proud to be recognise
Slide 10: Core Values: Sustainability & Corporate Governance
Core Values: Sustainability & Corporate Governance For personal use only Building a sustainable upstream company by investing in: People + Environment + Community Engagement + CSR + Health, Safety & Security + Corporate Governance Sustainability is integral to our business and our every day actions.
Slide 11: Table of Contents
Table of Contents For personal use only • About NuEnergy • Indonesia’s Energy Markets • Our Portfolio • July 2017 – November 2018 Company Highlights • Major Milestones 11
Slide 12: Indonesia O&G Industry
Indonesia O&G Industry For personal use only 12
Slide 13: Indonesia O&G Industry (Cont'd)
Indonesia O&G Industry (Cont’d) For personal use only 13
Slide 14: Indonesia's Gas Prices - Robust & Attractive
Indonesia’s Gas Prices - Robust & Attractive For personal use only Gas prices in Indonesia average between US$6 mmbtu to US$10 mmbtu Vietnam US$7 mmbtu Malaysia US$4 mmbtu Singapore US$4 mmbtu United States US$2.5 mmbtu 14
Slide 15: Indonesia's Unconventional Gas Resources
Indonesia’s Unconventional Gas Resources For personal use only • We focus on Coal Bed Methane (CBM), an unconventional gas which is more environmentally friendly than coal as it is a clean-burning fuel and produces approximately 15-50% less GHG emissions . • 453 TCF: Resources estimate for all basin
Slide 16: Table of Contents
Table of Contents For personal use only • About NuEnergy • Indonesia’s Energy Markets • Our Portfolio • July 2017 – November 2018 Company Highlights • Major Milestones 16
Slide 17: NuEnergy Gas Operated Unconventional Gas Assets
NuEnergy Gas Operated Unconventional Gas Assets For personal use only Assets / Projects ➢ Unconventional Gas (CBM) Assets in South Sumatra, Central Sumatra and East Kalimantan ➢ 3695 km2 Resources / Reserves ➢ OGIP: 9,691 BCF ➢ Reserves: 74 BCF (net of NuEnergy Gas working interest) ➢ 1C / 2C / 3C:
Slide 18: Focused Strategy on Value Creation Through CBM
Focused Strategy on Value Creation Through CBM For personal use only We hold six onshore PSCs, across South and Central Sumatra and East Kalimantan • Moving quickly from pre-development to production, monetizing their reserves, delivering shareholder return • We target shallow deposits so each asset
Slide 19: Key Strategic Focus on South Sumatra
Key Strategic Focus on South Sumatra For personal use only • Total South Sumatra PSC acreage of 2,280km2 • Unrisked best estimate prospective resource 5.8 Tcf (2.2 Tcf net to NuEnergy Gas) • 22 wells drilled & existing cost recovery balance of US$45m • Well data from the 4 PSC demonstrate consistent
Slide 20: Table of Contents
Table of Contents For personal use only • About NuEnergy • Indonesia’s Energy Markets • Our Portfolio • July 2017 – November 2018 Company Highlights • Major Milestones 20
Slide 21: July 2017 – November 2018 Company Highlights
July 2017 – November 2018 Company Highlights For personal use only Significant Asset Derisking ❑ Tanjung Enim PSC signed Gas Supply MOU with PT Pertamina Gas ❑ Tanjung Enim PSC received LEMIGAS Reserves Certification ❑ Tanjung Enim PSC submitted the first Indonesia CBM POD for approval ❑ Muralim PSC
Slide 22: Table of Contents
Table of Contents For personal use only • About NuEnergy • Indonesia’s Energy Markets • Our Portfolio • July 2017 – November 2018 Company Highlights • Major Milestones 22
Slide 23: Tanjung Enim PSC Progressing Towards Commercialisation
Tanjung Enim PSC Progressing Towards Commercialisation For personal use only PLN LB1 POWER HOUSE AS TAP-IN POINT TO 20 kV LINES 23
Slide 24: Major Milestones Ahead
Major Milestones Ahead For personal use only 24
Slide 25: Thank You
For personal use only Thank You Investor Relations +61 2 8076 7600 (Australia) +62 21 2986 6161 (Indonesia) [email protected]