Nuenergy Gas Limited · ASX:NGY
Nuenergy Gas — Shareholder Meeting (November 2016)
20 slides from Nuenergy Gas's shareholder meeting presentation, Nov 16, 2016
Slide 1: Annual General Meeting November 2016
For personal use only Annual General Meeting November 2016 A Gas Exploration And Development Company www.nuenergygas.com ASX I NGY 1 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: Company Snapshot
Company Snapshot For personal use only Corporate Information as at 11 November 2016 ASX Listed NGY Share Register – November 2016 Share Price A$0.035 New Century Energy Issued shares 1,151m Resources Limited Market Cap A$40m 18.00% 27.70% Globaltec Energy Resources 52 weeks price range A$0.02 – A$0.
Slide 4: NGY Production Sharing Contract (PSC) and Resource Estimates
NGY Production Sharing Contract (PSC) and Resource Estimates For personal use only PSC (Tenements) Tanjung Enim Muralim Bontang Muara Enim Muara Enim II Rengat Bengalon Date of PSC signed 04-08-2009 03-12-2010 09-10-2012 30-11-2009 01-04-2011 30-11-2009 Date of PSC expiry 03-08-2039 02-12-2040 08-10
Slide 5: NGY Unique Positioning in Indonesia
NGY Unique Positioning in Indonesia For personal use only Growing economy and energy consumption Best CBM subsurface in the region Declining supply and reserves from Strong local Indonesian conventional gas partners PERTAMINA PT Bukit Assam (Persero) Attractive gas pricing Government policy promotin
Slide 6: Best CBM subsurface in the region
Best CBM subsurface in the region Comparison of characteristics from selected commercial CBM projects For personal use only Basin Field Coal thickness (m) Gas content (scf/t) Typical coal log in NuEnergy South Tanjung Enim 40 - 49 80 - 110 Muara Enim formation Sumatra basin (Indonesia) Powder River
Slide 7: Indonesia growing demand for energy consumption and declining energy supply
Indonesia growing demand for energy consumption and declining energy supply For personal use only www.nuenergygas.com ASX I NGY 7
Slide 8: Attractive Gas Pricing
Attractive Gas Pricing For personal use only 140 25 120 Gas Price (US$/mmbtu) Oil Price 20 Oil Price (US$/bbl) 100 Indonesian LNG Price 80 15 60 10 Indonesia Gas Price range 40 Typical range of SE Henry Hub Natural 5 20 Asia Fixed Gas Prices Gas Spot Price 0 0 May-12 May-13 May-14 May-15 May-16 Jan-
Slide 9: Sumatra export gas pipelines infrastructure linked to Java and Singapore
Sumatra export gas pipelines infrastructure linked to Java and Singapore For personal use only NGY PSCs are strategically positioned in South Sumatra to serve the growing gas needs Existing gas infrastructures support commercialization Readily available gas networks and markets in Sumatra www.nuener
Slide 10: Government policy promoting development of CBM
Government policy promoting development of CBM For personal use only The Ministerial Decree No. 38, 2015 for the Non Conventional Oil and Gas was issued in October 2015 with the main objective to assist in the development of the Indonesia Non Conventional Oil and Gas which includes CBM, shale oil,
Slide 11: July 2015 – November 2016 Company Highlights
July 2015 – November 2016 Company Highlights For personal use only COMMERCIAL OPERATIONS Completed acquisition of Dart Energy (Indonesia) Holdings Pte Tanjung Enim PSC – Drilled 3 core wells and secured PSC Ltd in November 2015 with the addition of Tanjung Enim PSC Exploration Period extension.
Slide 12: Acquisition of Dart Energy (Indonesia) Holdings Pte Ltd
Acquisition of Dart Energy (Indonesia) Holdings Pte Ltd (“DEIH”) For personal use only Completed acquisition in November 2015 by acquiring 100% interest in DEIH for US$1.0 million. DEIH group has the following PSC:- - Tanjung Enim PSC, South Sumatra, 45% participating interest - Muralim PSC, Sou
Slide 13: Tanjung Enim PSC Operations
Tanjung Enim PSC Operations Workover Operations For personal use only TE-01 & TE-02 work over 3 Core Wells operations completed. 3 core wells (TE-007C, TE-008C & TE-009C) have been Gas produced following 72 successfully drilled to the target depth. hours of production test in Coals have been
Slide 14: Reduced well drilling costs
Reduced well drilling costs For personal use only US$ Million 10 Approximately US$ 800 million has been spent by the Indonesia CBM industry to drill 94 wells in 2009 – 2012 (~ US$ 8.5 million/well) 9 8 7 6 5 Wells drilled from July 2015 to November 2016 4 (Continuous Cost Improvement) 3 2 1 0 Core &
Slide 15: Improvement in pre-drilling and drilling days
Improvement in pre-drilling and drilling days For personal use only Drilling Days 90 Wells drilled from July 2015 to November 2016 80 (Continuous Improvement) 70 60 50 40 30 20 10 0 Core & Exploratory Wells Production Wells www.nuenergygas.com ASX I NGY 15
Slide 16: 2017 Priorities
2017 Priorities For personal use only Securing the Plan of Development (“POD”) approval for Tanjung Enim PSC 2016 2017 Negotiation and execution of Complete reserves migration Pre POD process POD finalisation and gas sales and purchase & certification & completion agreement approval Pre POD commerci
Slide 17: Tanjung Enim PSC Pilot Production Program – Photos
Tanjung Enim PSC Pilot Production Program – Photos 1 For personal use only www.nuenergygas.com ASX I NGY 17
Slide 18: Tanjung Enim PSC Pilot Production Program – Photos
Tanjung Enim PSC Pilot Production Program – Photos 2 For personal use only www.nuenergygas.com ASX I NGY 18
Slide 19: Tanjung Enim PSC Pilot Production Program – Photos
Tanjung Enim PSC Pilot Production Program – Photos 3 For personal use only www.nuenergygas.com ASX I NGY 19
Slide 20: Thank You
Thank You For personal use only Investor Relations +612 8540 8748 (local call within Australia) www.nuenergygas.com ASX I NGY 20