Nuenergy Gas Limited · ASX:NGY
Nuenergy Gas — Investor Presentation (June 2012)
19 slides from Nuenergy Gas's investor presentation, June 2012
Slide 1: Investor Update June 2012
For personal use only Investor Update June 2012 1
Slide 2: Contents
CONTENTS For personal use only COMPANY OVERVIEW AND FOCUS STRATEGY EXPLORATION & PRODUCTION • Indonesia - Portfolio Review - Drilling Results - Organisation • East Africa - Future Growth Platform 2
Slide 3: Company Overview and Focus
For personal use only COMPANY OVERVIEW AND FOCUS 3
Slide 4: Company Snapshot
Company Snapshot • NGY operates three Production Sharing Contracts (PSC) in South & Central Sumatra, Indonesia, covering 4,819 square km’s: For personal use only Issued Capital/Unlisted Options 200m/18.3m - Muara Enim (40% participating share); - Muara Enim 2 (30% participating share); and (Ordinary
Slide 5: Focus: 2012-2013 Year Plan
FOCUS: 2012-2013 – 3 YEAR PLAN 2012: • NSAI resource certification received for of all Indonesian PSC’s. At least one (1) to three (3) Tcf For personal use only of contingent gas resource is likely to be certified in NuEnergy’s South Sumatra PSC’s (NGY share) • ME PSC well #2 testing and pilot:- •
Slide 6: Focus: 2012-2013 Year Plan continued
FOCUS: 2012-2013 – 3 YEAR PLAN continued 2013-2014 For personal use only • Gas and water production characteristics proven across basin by NGY, Dart, Santos, Ephindo and Medco • Drilling methods /options adapted and refined to suit local environment. • Pilot development undertaken in Muara Enim II
Slide 7: Strategy
For personal use only STRATEGY 7
Slide 8: Strategy to Add Shareholder Value
Strategy to Add Shareholder Value NuEnergy is executing its strategy of increasing shareholder value and preserving shareholder funds by: Securing Prime Acreage at a Low Cost In High Growth Areas For personal use only Secure early entry acreage prolific sedimentary basins in high growth areas shor
Slide 9: Indian Ocean Rim Focus
Indian Ocean Rim Focus NuEnergy is targeting the acquisition and development of unconventional gas assets in high For personal use only growth emerging markets in the Indian Ocean rim region: Tanzania & Adjacent Countries • Established contacts and Indonesian gas export prices can reach US$12- $15/m
Slide 10: Exploration & Production
For personal use only Exploration & Production Indonesia Portfolio Review Drilling Results People East Africa 10
Slide 11: Indonesia Portfolio - Review South Sumatra
Indonesia Portfolio - Review South Sumatra • Major gas infrastructure connects the PSC’s to the undersupplied Java, Singapore and Duri gas markets For personal use only • The acreage surrounding Muara Enim and Muara Enim II PSC’s is being developed for pilot production/testing. Given the coal seams
Slide 12: Indonesia Review - South Sumatra continued
Indonesia Review - South Sumatra continued • The South Sumatra coal basin has the richest CBM gas content in Indonesia according to a recent study by IHS CERA showing an estimated GIP of circa 7.2 Bcf GIP /km2 . NuEnergy’s recent drilling program and core results For personal use only confirmed the
Slide 13: Indonesia Portfolio Review - South Sumatra
Indonesia Portfolio Review - South Sumatra • The 55-88 metre thick Coal Seams (> 20 story building) are the focus of the drilling of Muara Enim and Muara Enim 2 PSC’s For personal use only • Drilling has confirmed high coal seam thickness > 40 metres in the primary seams as expected NuEnergy South S
Slide 14: Drilling Results - Q2 Well Test Results - Well #1
Drilling Results - Q2 Well Test Results – Well #1 Muara Enim PSC Well # 1 – Laboratory Results Confirm High Methane Content and Gas In Place For personal use only Estimates The results of laboratory testing on coal cores from Well #1 are as follows: Gas Content - 115 scf/t (daf). Gas Composition - 9
Slide 15: Drilling Results - Q2 Well #2
Drilling Results – Q2 Well #2 Muara Enim PSC Well # 2 Successfully Completed as Future Pilot Well For personal use only Well #2 in Muara Enim PSC in South Sumatra Indonesia was drilled to a total depth of 840 metres. After neutron density and resistivity logging, this well was cased to enable use as
Slide 16: Drilling Results - Q2 Well Test Results - Well #2
Drilling Results - Q2 Well Test Results – Well #2 Muara Enim PSC Well # 2 – Initial Laboratory Results On the Suban Coal Seam Confirm High For personal use only Methane Content and Gas In Place Estimates and Suitability of Location for Pilot Well Development Calorific Value - 35.1 – 37.95 MJ/m3 Gas
Slide 17: People - A Capable Organisation
People – A Capable Organisation Post the recent restructure, NuEnergy now has an experienced drilling, exploration, development For personal use only and BD/regulatory team that can deliver results to budget and schedule. Key new recruits post restructure: Yales Vivadinar Deputy GM Indonesia Externa
Slide 18: East Africa - Future Growth Platform
East Africa – Future Growth Platform • NuEnergy through its wholly owned subsidiary, NuEnergy Gas (Tanzania) Limited has agreed a variation to the Joint Venture agreement with Tancoal Energy For personal use only Limited (“Tancoal”), a subsidiary of Intra Energy Corporation Limited • This Unconventi
Slide 19: Disclaimer
Disclaimer • This presentation has been prepared by NuEnergy Capital Limited (“NuEnergy” or the “Company”) and is being provided for For personal use only the sole purpose of providing preliminary background financial, operational and other information to enable shareholders and/or prospective inves