Triangle Energy (Global) Limited · ASX:TEG
Triangle Energy (Global) — RIU Good Oil Conference 2021
13 slides from Triangle Energy (Global)'s conference presentation, Sep 8, 2021
Slide 1: ASX Announcement
ASX Announcement 8 September 2021 ASX:TEG Corporate Presentation Triangle Energy (Global) Limited (Triangle / the Company) (ASX: TEG) is pleased to provide a copy of the presentation to be given at today’s Good Oil Conference in Perth. Authorised for Release by: Robert E T Towner Managing Director E
Slide 2: RIU Good Oil Conference TEG Presentation
Title SEPTEMBER 2021 RIU Good Oil Conference TEG Presentation SEPTEMBER 2021 | RIU GOOD OIL PRESENTATION www.triangleenergy.com.au
Slide 3: Disclaimer And Forward-looking Statements
Disclaimer And Forward-looking Statements This Presentation is provided on the basis that Triangle Energy (Global) Limited (“Triangle” or the Because such statements involve risks and uncertainties, Triangle’s actual results and “Company”) nor its respective officers, shareholders, related bodies co
Slide 4: Triangle Today: Capital structure and Perth Basin footprint
Triangle Today: Capital structure and Perth Basin footprint Perth Basin ASX Code TEG Consolidated key assets Shares on Issue 1.075B and infrastructure in MT HORNER ASX Code TEGO Listed Options on issue 672.7M the Perth basin Unlisted Securities on 1.8M Unlisted Options ex @ $0.10, exp 6/11/21 One of
Slide 5: Key Assets: State Gas Limited
Key Assets: State Gas Limited (GAS.ASX) Will Drive Shareholder Upside ▸ Approx. $20m listed holding in State Gas Limited ▸ Drilled 3 wells: Significant commercial gas flows from first well with others dewatering. First well producing 620,000 cubic ft per day and rising Perth Basin ▸ Lower capex gas
Slide 6: Rejuvenating Perth Basin Oil
Rejuvenating Perth Basin Oil 20000 Counter-cyclical Opportunity Perth Basin Oil Production DUNSBOROUGH 18000 MT HORNER Low competition - gas focus in the basin 16000 14000 E AS T ABRO LHO S MARGIN T E G 78.25%* Low-cost acquisitions 12000 BO O K ARA SHELF 8 6 .96% - 100%* 10000 Wide acreage spread a
Slide 7: Cliff Head Mark II – Extension Phase
Cliff Head Mark II – Extension Phase 3-well priority drilling opportunity to reach 3000 bopd by 1H 2023 Western Development, Mentelle and SE Nose Extend Cliff Head production to beyond 2030 2030 AND BEYOND Upside opportunity at Mentelle Detailed well planning commenced 2021 2022 2023 SEPTEMBER 2021
Slide 8: Bookara Shelf / Mt Horner
Bookara Shelf / Mt Horner Triangle will be Operator with 100% equity in L7 and 86.94% In EP437** Bringing Bookara Shelf / Mt Horner area back to life Dormant for 20 years, overlooked Numerous historical oil shows and log anomalies Applying 21st century technology to a decades old play Bookara 3D Sei
Slide 9: Bookara 3D Seismic
Bookara 3D Seismic NW Deep Proposed 3D survey outline: ~200 km2 Unlocking Bookara Shelf EP 437 L7 Longhorn Wye Not Huntswell Delilah Mt Horner Deep Mt Horner Oil Field L7 Oil Targets: Best Estimate Prospective Resources* Becos MH12_14 Updip (MMstb) Gross (100%) Net TEG (50%) Status MH9_10 Updip Oil
Slide 10: East Abrolhos Margin: WA-481-P
East Abrolhos Margin: Bootenal WA-481-P Hotham Yungarra Triangle will be Operator with 78.75% equity** Virage Cliff Head tie-back opportunities Virage South Ca rba nup 2D identified Cliff Head “look-a-likes” south of Cliff Head On oil migration path to Xanadu Ca ra booda Another Cliff Head New plays
Slide 11: Triangle Energy Summary
Triangle Energy Summary Triangle Energy has built a very substantial Perth Basin oil portfolio at low cost Perth Basin Next step is to materialise the opportunity ▸ Consolidated key assets and infrastructure in MT HORNER Progress towards Cliff Head drilling the Perth basin ▸ One of the largest onsho
Slide 12: Board and Management
Board and Management SEPTEMBER 2021 | RIU GOOD OIL PRESENTATION Tim Monckton Rob Towner Malcolm King Wai-Lid Wong Lucy Rowe Marvin Chan Non-Exec Managing Non-Exec Non-Exec Company Chief Financial Chairman Director Director Director Secretary Officer
Slide 13: Triangle Energy (Global) Limited contact
Title Triangle Energy (Global) Limited (ASX:TEG) Mr Robert E T Towner Managing Director Suite 2 Ground Floor, SEPTEMBER 2021 100 Havelock St RIU Good Oil Conference West Perth, WesternAustralia 6005 TEG Presentation [email protected] SEPTEMBER 2021 | RIU GOOD OIL PRESENTATION www.triangleen
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