Conrad Asia Energy Ltd. · ASX:CRD
Conrad Asia Energy — Investor Presentation (December 2022)
16 slides from Conrad Asia Energy's investor presentation, Dec 1, 2022
Slide 1: Pure Play Exposure to Asia's Energy Growth — The Fastest in the World
For personal use only Pure Play Exposure to Asia’s Energy Growth — The Fastest in the World ASX: CRD Investor presentation December 2022
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer For personal use only This presentation has been prepared by Conrad Asia Energy Ltd (the Company). It does not purport to contain all the information that a prospective investor may require in connection with any potential investment in the Company. You should not tre
Slide 3: Investment Highlights
Investment Highlights Conrad is a Singapore company whose shares are publicly listed on the ASX through Chess Depositary Interests (CDIs) For personal use only • The Mako Gas Field is currently one of the largest undeveloped and fully appraised gas field in the West Natuna Basin, Indonesia Portfolio
Slide 4: Delivery of Key Milestones
Delivery of Key Milestones Conrad has demonstrated a strong track record of consistent delivery For personal use only • Received revised Mako resource audit from • Signed HOA with Singapore gas buyer for the sale of all GaffneyCline • Raised seed capital to develop the Duyung potential gas produced
Slide 5: Portfolio of Projects
Portfolio of Projects Duyung PSC (which contains Mako) is the cornerstone asset of Conrad’s portfolio with additional exploration assets providing upside For personal use only 76.5% Participating Interest • Contains the Mako Gas Field, with 2C Contingent Resources of 215 Bcf net attributable to Conr
Slide 6: Duyung PSC and Mako Gas Field Overview
Duyung PSC and Mako Gas Field Overview One of the largest undeveloped gas discoveries in the West Natuna Sea with key under-utilised infrastructure in place For personal use only • Mako Gas Field has been assessed to contain gas comprising 98% methane gas with insignificant impurities and a high per
Slide 7: Strategically Positioned
Strategically Positioned Mako is strategically positioned to supply established gas markets For personal use only Mako is expected to be a meaningful source of gas … into critical and growing Asian demand centres supply… Natuna Sea Annualised Supply Capability (bbtu/d) West Natuna Transport System (
Slide 8: Mako Economics — Conrad Net Attributable Share
Mako Economics — Conrad Net Attributable Share Economically robust, underpinned by an economic production life of ~12 years For personal use only • Assessment based on an independent Competent Person’s Report Operational and financial highlights (net attributable share)1,2 (CPR) on the Mako developm
Slide 9: Supportive Gas Price Environment
Supportive Gas Price Environment Conrad’s value proposition is supported by strengthening Asian gas prices For personal use only Conrad’s initial target gas markets are in Singapore Daily Natural Gas and LNG Prices (Mar-20 to Aug-22) and Indonesia Conrad expects Singapore to be the major market
Slide 10: Aceh PSCs Awarded
Aceh PSCs Awarded The Aceh PSCs contain numerous offshore gas discoveries as well as large exploration opportunities For personal use only Location Map of offshore Aceh JSAs • Conrad completed work on two Joint Study Areas (JSAs) located offshore northwest Sumatra within the Aceh Province of Indones
Slide 11: Unique Gas Opportunity
Unique Gas Opportunity Indonesia represents a compelling energy investment opportunity For personal use only Asian energy demand growth has been well flagged Indonesia is the 4th most populous country with strong energy demand Indonesia has transitioned from energy exporter to importer in the
Slide 12: Asian Demand for Gas / LNG
Asian Demand for Gas / LNG Over next 10 years and beyond, Asia is expected to deliver the strongest growth in demand for gas and LNG For personal use only Demand for gas supply will grow across the Asia Pacific region, from core gas demand growth markets of China, South and South-east Asia, but also
Slide 13: Board and Management
Board and Management Highly experienced Board with strong technical, operational and financial backgrounds For personal use only Peter Botten Miltos Xynogalas David Johnson Non-Executive Chairman Founder, Managing Director & CEO Executive Director & COO Previous MD of Oil Search Limited for 26 years
Slide 14: Key Takeaways
Key Takeaways Exposure to a portfolio of South-east Asian gas development, appraisal and exploration assets For personal use only Conrad believe that the quickest and best way to reduce global emissions is to accelerate the energy transition. Conrad also believe that gas will play an important role
Slide 15: Corporate Snapshot & Capital Structure
Corporate Snapshot & Capital Structure For personal use only ASX CRD CDIs Fully Diluted Share on issue 159,398,988 Shareholder # % # % Board & Management 37,155,726 23% 37,155,726 21% Convertible Securities 15,770,790 Inspired International 18,125,656 11% 18,125,656 10% Share Price (30 Nov 2022) $1.
Slide 16: Miltos Xynogalas, Founder, Managing Director & CEO
For personal use only Miltos Xynogalas Founder, Managing Director & CEO Conrad Energy Asia [email protected] +65 6517 9700
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