Tlou Energy Ltd · ASX:TOU
Tlou Energy — Excellence in Oil & Gas (March 2012)
14 slides from Tlou Energy's conference presentation, March 2012
Slide 1: Africa's Largest CBM Company
AFRICA’S LARGEST CBM COMPANY Nathan Mitchell, Chairman MARCH 2012
Slide 2: Disclaimer
DISCLAIMER This document has been prepared by Tlou Energy Limited to provide existing and prospective investors in Tlou Energy Limited with an update on the Company and its operations. Extent of Information This presentation, including the information contained in this disclaimer, does not constitut
Slide 3: Executive Summary
EXECUTIVE SUMMARY TLOU ENERGY Tlou Energy is a coal bed methane (“CBM”) company with operations in one of the most exciting underexplored CBM regions in the world; southern Africa. Tlou Energy has independently certified contingent resources in Botswana and significant exploration acreage throug
Slide 4: Background: Coal Bed Methane Southern Africa
BACKGROUND COAL BED METHANE SOUTHERN AFRICA Coal Bed Methane (“CBM”) in southern Africa is potentially a critical component in the energy mix for the region. Specifically, CBM allows Botswana; to develop a distributed energy solution to remote large mines and communities that can not be connecte
Slide 5: Background: Botswana Overview
BACKGROUND BOTSWANA OVERVIEW Political & Financial Stability Stable multi-party democracy GDP per capita of US$ 5,995 Average GDP growth of 5% (2003-2009) US$ 9 billion foreign currency & gold reserves Favourable foreign investment culture • No exchange rate controls • Low tax rate A2
Slide 6: Supply/Demand Dynamics Continue to Improve
BACKGROUND SUPPLY/DEMAND DYNAMICS CONTINUE TO IMPROVE… The country’s favourable geologic environment, mineral investment climate, low tax rates, and political stability are expected to continue to make Botswana a foreign mineral investment magnet. Several proposed transmission projects have been
Slide 7: Botswana CBM Permit Map
BOTSWANA CBM PERMIT MAP LARGE MULTINATIONALS MOVING IN…. Botswana’s energy landscape is moving through a rapid transformation with larger companies taking an active role within the country. Tlou Energy has a first mover advantage over the new entrants, in terms of; Political Choice of permit
Slide 8: Why Is CBM Important for Botswana
BOTSWANA EXPERIENCE WHY IS CBM IMPORTANT FOR BOTSWANA Botswana’s mining industry is heavily reliant on heavy fuel oil / diesel. Diesel cost ~ gas equivalent ranges from AUD 25/GJ to AUD 30/GJ. Strong incentive for companies to convert to gas. Aggreko alliance offers a distributed power model for
Slide 9: Current Projects: Botswana
CURRENT PROJECTS BOTSWANA Extensive exploration and testing program has allowed Tlou Energy to high grade project areas and move to the next phase of evaluation Wells drilled; Core holes: 30 from which the gas content and its quality were tested Stratigraphic holes: 41 to determine the later
Slide 10: Current Projects: Karoo Central Project
CURRENT PROJECTS KAROO CENTRAL PROJECT 5 wells completed and tested in last program Karoo Central was primary target for Saber Tlou introducing new testing methods to assess CBM suitability 18 DST’s completed delineating fair to good permeability 200+ Coal and shale tests complete Pre-Pi
Slide 11: Current Projects: Masama Project
CURRENT PROJECTS MASAMA PROJECT Program began in October 2009 5 wells drilled and tested Low gas content coals intersected Have moved towards relinquishment of non-prospective areas Discovered a prospective coal package in south of permit area Extension of known1.3bt non-JORC compliant c
Slide 12: Current Projects: Zimbabwe
CURRENT PROJECTS ZIMBABWE • Tlou has recently signed a deal to acquire a controlling share in 3 highly prospective CBM Special Grants in Zimbabwe • ~3000km2 acreage position • Geological potential of Zimbabwe superior to Botswana • Transaction provides significant option value for the company with m
Slide 13: Resource Statement
RESOURCE STATEMENT TLOU CBM GAS RESOURCE Internationally regarded reserves certifiers Netherland, Sewell and Associates Inc. (NSAI) were engaged by Tlou early in 2011 to carry out resource certification of its Botswana Gas Project, in particular the Karoo Central region. Following their review and
Slide 14: Tlou Energy
TLOU ENERGY