Tlou Energy Ltd · ASX:TOU
Tlou Energy — Investor Presentation (December 2016)
20 slides from Tlou Energy's investor presentation, December 2016
Slide 1: Gas to Power in Botswana
GAS TO POWER IN BOTSWANA DECEMBER 2016
Slide 2: Disclaimer
DISCLAIMER This presentation (Presentation) has been prepared by Tlou Energy Limited (Tlou). The Presentation and information contained in it is being provided to shareholders and investors for information purposes only. The information contained in this disclaimer does not constitute an offer, invi
Slide 3: Overview
OVERVIEW Delivering gas-to-power via CBM in a market with huge demand MARKET ASX / AIM • 8,300km2 licence area, contingent resources and initial gas reserves in place EPIC TOU/ TLOU • First EIS approval for a CBM project in SHARES IN ISSUE 237M Botswana MARKET CAP GBP - £16M • 50MW project, approved
Slide 4: Board of Directors
BOARD OF DIRECTORS Led by an experienced team including a pioneer of CBM in Queensland Anthony (Tony) Gilby • Geologist with over 30 years industry experience • Co-founder of a number of CBM companies • Previous technical roles for ESSO & Exxon MD & CEO • Led takeover of Sunshine Gas by QGC (BG) in
Slide 5: Key Management and Consultants
KEY MANAGEMENT AND CONSULTANTS Experienced management team and consultants to drive the project Solomon Rowland • Over 16 years experience in various private, government and in-house legal roles • Involved in advising government departments on commercial, corporate governance and policy matters Comp
Slide 6: Partners and Consultants
PARTNERS AND CONSULTANTS Experienced partners with worldwide expertise •Power generation partner •Australian private company •Independent specialist •World-leader in the design, aimed at developing new geological consultants construction, operation and sources of gas-fired power in •Develop geologic
Slide 7: Share Register
SHARE REGISTER Shareholding 35% 31% 30% 25% 25% 20% 18% 18% 15% 10% 8% 5% 0% AIM ASX - Retail Institutions High Net Worth Management 7
Slide 8: Why Invest in Tlou?
WHY INVEST IN TLOU? •Tlou has Botswana’s only independently Only CBM reserves in certified gas reserves Botswana •Government sanctioned 50MW greenfield gas-to-power project •The Company has a 100% working interest 100% owned in tenements covering over 8,000 Km2 Environmental approval •Government env
Slide 9: Long Term Vision
LONG TERM VISION Long term vision to build a mid-tier energy provider in Southern Africa In June 2016, Botswana’s Government Export Power announced that CBM is to be Greenfield IPP included as part of 300MW the plan to deal Orapa 45MW expansion and with the country’s 90MW conversion power deficiency
Slide 10: 50MW Project Development Strategy
50MW PROJECT DEVELOPMENT STRATEGY Initial development focus is the Government approved 50MW project (to be developed in stages) Tlou to fund gas reserve growth to underpin each stage of development (commencing with 10MW) Project development via a special purpose vehicle (SPV) to leverage downs
Slide 11: Scalable 50MW Project - Key Steps
SCALABLE 50MW PROJECT - KEY STEPS Plan to deliver first gas to market via the first phase (10MW) of a scalable 50MW project 11
Slide 12: Current Work Program
CURRENT WORK PROGRAM Integrated work plan to deliver initial 10MW CBM-to-power project Field Transmission Offtake Expanded Pilot Gas Development Power Units Line Agreement Reserves Planning •Convert field •Develop •Working with •Finalise design •Agree terms •Continue gas operations to optimum well A
Slide 13: Gas to Power Plans in Botswana
GAS TO POWER PLANS IN BOTSWANA Lesedi is ideally located for access to supporting infrastructure 13
Slide 14: Transmission Development Plan
TRANSMISSION DEVELOPMENT PLAN Source: BPC, Botswana Resource Sector Conference 2016 14
Slide 15: Regional Power Dynamic
REGIONAL POWER DYNAMIC As Botswana’s reliance on non-firm imports and on-going diesel generation increases, the support for domestic sources of energy is strong Southern African Development Community - Supply and Demand • Botswana’s demand to increase 37% to 1,017MW by 2025 • Current demand not bein
Slide 16: Lesedi in Numbers
LESEDI IN NUMBERS Independent Gas Reserves Certification Technical Fundamentals 2.7 Coal Depth ~260-764m 0.1 52.9 BCF BCF BCF Gas Contents (Average) 4-6 m3/t (DAF) (1P) (2P) (3P) Gas compositions 80-95% methane Tlou 1P 2P 3P 1C 2C 3C Gas Prospective Location Project Interest (BCF) (BCF) (BCF) (BCF)
Slide 17: Investment Case
INVESTMENT CASE Approved EIS for Government upstream sanctioned 50MW development Project Only CBM Reserves in Botswana Huge market 100% owned opportunity 17
Slide 18: Appendix: Coal Bed Methane
APPENDIX Coal bed methane (CBM) • Chemically identical to other sources of gas but is produced by non-conventional methods • Extracted from coal seams rather than sandstone reservoirs • Main component from natural gas is methane • Typically found at depths of 400m – 1,000m enabling lower drilling co
Slide 19: Operating in Botswana
OPERATING IN BOTSWANA High Major power deficiency energy in the region prices Attractive Large operating Stable Supportive mining and jurisdiction government industry to regulatory power regime 19
Slide 20: Gas to Power in Botswana
Tlou Energy Limited 210 Alice St Brisbane QLD 4000 Australia +61 7 3012 9793 Ground Floor, Victoria House 132 Independence Avenue Gaborone Botswana +267 316 0857 www.tlouenery.com [email protected] GAS TO POWER IN BOTSWANA ASX: TOU AIM: TLOU