Adx Energy Ltd · ASX:ADX

Adx Energy — Shareholder Meeting (November 2012)

18 slides from Adx Energy's shareholder meeting presentation, Nov 21, 2012

  1. Slide 1: ADX Energy Annual General Meeting

    ASX: ADX For personal use only ADX ENERGY ANNUAL GENERAL MEETING 21 November, 2012 www.adxenergy.com.au

  2. Slide 2: Disclaimer

    For personal use only DISCLAIMER This presentation contains forward looking statements that are subject to risk factors associated with the oil and gas industry. It is believed that the expectations reflected in these statements are reasonable, but they may be affected by a variety of variables whic

  3. Slide 3: Corporate Summary

    CORPORATE SUMMARY For personal use only  ASX listed international energy explorer (ASX:ADX)  Headquartered in Perth, Western Australia  Operations offices in Vienna, Austria and Tunis, Tunisia  24% interest in Riedel Resources. (ASX listed Gold and Base metal explorer, ASX:RIE)

  4. Slide 4: Key Strategies

    KEY STRATEGIES For personal use only Corporate Strategy  Early entry to high impact exploration opportunities in proven oil and gas basins where management has track record.  Commercialisation of existing discoveries. Operating Strategy  Maintain operatorship through the exploration - appraisal p

  5. Slide 5: Europe – North Africa Assets

    EUROPE – NORTH AFRICA ASSETS For personal use only SICILY CHANNEL: ITALY & TUNISIA (5,000 sqkm) Vienna ONSHORE TUNISIA ONSHORE ROMANIA

  6. Slide 6: ADX Energy – Activity Map

    ADX ENERGY – ACTIVITY MAP For personal use only SICILY CHANNEL – OFFSHORE TUNSIA & ITALY: ROMANIA- ONSHORE:  FARMED OUT PARTA: FULLY CARRIED  FARM OUT EFFORTS COMMENCED TO:  START SEISMIC early 2013  FUND DOUGGA APPRAISAL  DRILLING IN 2013 FUND NEW EXPLORATION ACTIVITY FUND LAMBOUKA RE-ENTRY

  7. Slide 7: Milestones Since 2008

    MILESTONES SINCE 2008 For personal use only 3D Seismic ADX operated, PGS boat ADX executed a $70 million exploration program with $13 million of shareholder funds maintaining high interest levels. Offshore Sicily ADX rig  New Geostreamer 3D seismic offshore Tunisia acquired  LEVERAGED THROUGH FARM

  8. Slide 8: Energy Assets Update

    For personal use only ENERGY ASSETS UPDATE www.adxenergy.com.au

  9. Slide 9: Offshore Italy & Tunisia

    OFFSHORE ITALY & TUNISIA Combined most likely contingent and prospective resources: For personal use only 1.15 billion barrels oil equivalent. Kerkouane-1 Lambouka Elissa Dougga - West Total ADX areas approx. 5,000sqkm

  10. Slide 10: Vision: The Dougga Hub

    VISION: THE DOUGGA HUB For personal use only A LARGE GAS 15 km CONDENSATE RESOURCE CLOSE Dougga Dougga Lambouka West TO MARKETS Satellite Appraisal Appraisal & Exploration Drill Deeper  Condensate-rich resource  Possibility for oil  Close to shore (40kms)  Close to onshore infrastructure  Close

  11. Slide 11: Dougga & Dougga-West: Only km Apart

    DOUGGA & DOUGGA – WEST: ONLY 9 KM APART For personal use only DOUGGA-1 CB run Jan 2012, GRV method p90 p50 MEAN p10 Total RECOVERABLE MMBOE 88 159 173 268 DOUGGA-1 Abiod RECOVERABLE MMBOE 71 133 142 225 Total Sales Gas recoverable [bcf] 264 476 517 804 Total Condensate Recoverable [mmbbls] 35 63 68

  12. Slide 12: Romania Parta Block – ADX Operated

    ROMANIA PARTA BLOCK – ADX OPERATED For personal use only FULLY FUNDED THROUGH RECENT FARMOUT ASSET HIGHLIGHTS  Fiscally attractive Concession agreement signed in January 2011.  Prolific 1,221 km² acreage with 40 identified oil & gas leads…proven oil and gas source rocks!  New technology such as 3

  13. Slide 13: Romania Parta Block

    ROMANIA PARTA BLOCK  Acquire new 2D and 3D seismic (first time) in oil & gas For personal use only producing province. AMPLITUDE SUPPORTED STRATIGRAPHIC TRAPS INFRASTRUCTURE, PERFECT SEISMIC CONDITIONS UNDRILLED CLOSURES - SEVERAL PROVEN INDEPENDENT PETROLEUM SYSTEMS

  14. Slide 14: Near Term Activity: Romania

    NEAR TERM ACTIVITY For personal use only ROMANIA  Romanian Government ratifies concession agreement within next three weeks, 4 of 5 ministers have signed concession agreement Commencement of fully funded 2D / 3D seismic program expected by Q1 2013 Drilling of first, fully funded well expected in Q3

  15. Slide 15: Near Term Activity: Tunisia

    NEAR TERM ACTIVITY For personal use only TUNISIA  Renegotiate Production sharing Contract for the Kerkouane permit  Farm out Offshore Sicily Channel permits to fund drilling of Dougga, Dougga-West, Lambouka.  Purchase long lead drilling equipment Commencement of fully funded drilling program expe

  16. Slide 16: Near Term Activity: Tunisia Onshore

    NEAR TERM ACTIVITY For personal use only TUNISIA  Farm out Onshore Tunisia Commencement of fully funded 2D/3D seismic expected by Q2 2013

  17. Slide 17: Near Term Activity: New Ventures

    NEAR TERM ACTIVITY For personal use only NEW VENTURES  High impact appraisal and production opportunities have already been identified in Romania and in the Caspian region

  18. Slide 18: Contact Us

    CONTACT US Ian Tchacos Chairman For personal use only Wolfgang Zimmer Managing Director Paul Fink Technical Director Office Suite 6, Level 2, 11 Ventnor Avenue West Perth, WA, 6005 T: 61 8 9226 2822 F: 61 8 9226 5333 Website www.adxenergy.com.au Email [email protected] ASX Code ADX

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