NuEnergy Gas Limited · ASX:NGY
NuEnergy Gas — Investor Presentation (September 2017)
32 slides from NuEnergy Gas's investor presentation, Sep 13, 2017
Slide 1: Corporate Presentation – September 2017
NuEnergy Gas Limited (ABN 50 009 126 238) NGY: Listed on Australian Securities Exchange (ASX) For personal use only Corporate Presentation – September 2017
Slide 2: Legal Disclaimer
Disclaimer For personal use only Legal Disclaimer This presentation has been prepared by Globaltec Formation Berhad (“GFB”) and NuEnergy Gas Limited (“NuEnergy Gas”) (collective as “Group“) and is being provided for the sole purpose of providing preliminary background financial, operational and othe
Slide 3: Table of Contents
Table of Contents For personal use only • Who We Are • Indonesia’s Energy Markets • Our Portfolio • Tanjung Enim PSC Commercialisation • Why Invest in NuEnergy 3
Slide 4: Corporate Overview
Corporate Overview For personal use only • NuEnergy Gas is an ASX Listed, Independent Clean Energy Company • Paid-Up Capital: AUD106 Million • Focused on Exploring, Developing & Producing Clean Gas in Indonesia • 6 Production Sharing Contracts (PSC) Covering Over 3,600km2 • Proud Partner of the Indo
Slide 5: Leading Unconventional Gas Company in Indonesia
Leading Unconventional Gas Company in Indonesia For personal use only Excellent Geology Low-Risk & Expert Low-Cost Management Drilling Team NuEnergy Focused Gas Strong Strategy & Balance Near Term Sheet Development Government World-Class Support Partners 5
Slide 6: Exciting Asset Portfolio With Investment Upside
Exciting Asset Portfolio With Investment Upside For personal use only 1 6 4 3 2 5 Sumatra East Kalimantan 6
Slide 7: Experienced Board and Proven Leadership Team
Experienced Board and Proven Leadership Team For personal use only Leadership Team Previous Employers Industry Experience Kee Yong Wah 33 years Deputy Executive Chairman Dr. Ian Wang 30 years Chief Executive Officer Lim Beng Hong 30 years Chief Operating Officer Unggul Setyatmoko 30 years Chief Comm
Slide 8: Strong & Supportive Shareholder Base
Strong & Supportive Shareholder Base For personal use only Our major shareholders are - 1. Globaltec Energy Resources (“GER”) 2. New Century Energy Resources (“NCE”) About GER and NCE • GER and NCE are subsidiaries of Globaltec Formation Berhad (“Globaltec”), a conglomerate listed on the Malaysian S
Slide 9: Committed, World Class, National Partners
Committed, World Class, National Partners For personal use only • We offer our shareholders a Indonesia’s unique opportunity to access National Oil South East Asia and gain Company exposure to Indonesia’s fast moving and dynamic energy market Indonesia’s Largest Energy • We are proud to be recognise
Slide 10: Core Values: Sustainability & Corporate Governance
Core Values: Sustainability & Corporate Governance For personal use only Building a sustainable upstream company by investing in: People + Environment + Community Engagement + CSR + Health, Safety & Security + Corporate Governance Sustainability is integral to our business and our every day actions.
Slide 11: Table of Contents
Table of Contents For personal use only • Who We Are • Indonesia’s Energy Markets • Our Portfolio • Tanjung Enim PSC Commercialisation • Why Invest in NuEnergy 11
Slide 12: Indonesia: A Highly Attractive Investment Destination
Indonesia: A Highly Attractive Investment Destination For personal use only World’s 4th largest population and growing rapidly Strong GDP growth and good economic outlook (5% growth y-on-y) Increasing energy demand (5.9% in 2016) and robust gas prices Declining conventional O&G production from domes
Slide 13: Indonesia's Energy Crisis - Demand & Consumption
Indonesia’s Energy Crisis - Demand & Consumption For personal use only • Indonesia seeks energy security and has a government agenda to transition to a more low carbon economy • New conventional fields are very difficult to find and existing fields already have declining production. • Natural gas pr
Slide 14: Indonesia's Gas Prices - Robust & Attractive
Indonesia’s Gas Prices - Robust & Attractive For personal use only Gas prices in Indonesia average between US$6 mmbtu to US$10 mmbtu Vietnam US$7 mmbtu Malaysia US$4 mmbtu Singapore US$4 mmbtu United States US$2.5 mmbtu 14
Slide 15: Indonesia's Unconventional Gas Resources
Indonesia’s Unconventional Gas Resources For personal use only • We focus on Coal Bed Methane (CBM), an unconventional gas which is more environmentally friendly than coal as it is a clean-burning fuel and produces approximately 15-50% less GHG emissions . • 453 TCF: Resources estimate for all basin
Slide 16: Indonesian Government Support for Unconventionals
Indonesian Government Support for Unconventionals For personal use only Government Policy Promotes Unconventional Gas Development & Provides Strong Foundation for our POD Roadmap • Ministerial Decree 2015 for Unconventional Gas was issued to assist in the development of Indonesia Unconventional Gas
Slide 17: Increasing CBM Investment Across Indonesia
Increasing CBM Investment Across Indonesia For personal use only Existing Contractors Number of PSCs / Working Areas Total Investment (as of Dec 2016) Vico 1 ~ US$ 300 Million Sugico 23 US$ 322 Million NuEnergy Gas 6 US$ 46 Million Ephindo 7 US$ 80 Million ExxonMobil (with Sugico) 2 ~ US$ 180 Millio
Slide 18: Table of Contents
Table of Contents For personal use only • Who We Are • Indonesia’s Energy Markets • Our Portfolio • Tanjung Enim PSC Commercialisation • Why Invest in NuEnergy 18
Slide 19: NuEnergy Gas Operated Unconventional Gas Assets
NuEnergy Gas Operated Unconventional Gas Assets For personal use only Rengat PSC Muralim PSC Tanjung Enim PSC Muara Enim II PSC Bontang Bengalon PSC Muara Enim PSC Assets / Projects ➢ Unconventional Gas (CBM) Assets in South Sumatra, Central Sumatra and East Kalimantan ➢ 3695 km2 Resources / Reserve
Slide 20: Key Strategic Focus on South Sumatra
Key Strategic Focus on South Sumatra For personal use only • Total South Sumatra PSCs have a combined acreage of 2,279.5 km2 • Unrisked Net Best Estimate Prospective Resource of 2.2 TCF • Estimated CBM gas value of US$15.4 billion (RM66.22 billion) • Strong Partners – Pertamina, MedcoEnergi, Bukit A
Slide 21: Focused Strategy on Value Creation Through CBM
Focused Strategy on Value Creation Through CBM For personal use only We hold six onshore PSCs, across South and Central Sumatra and East Kalimantan • Moving quickly from pre-development to production, monetizing their reserves, delivering shareholder return • We target shallow deposits so each asset
Slide 22: Plans for 2017/2018 – Major Milestones Ahead
Plans for 2017/2018 – Major Milestones Ahead For personal use only 2018 is Focused on Value Creation As We Move To Gas Monetization Gas Sales Bontang Muara Production Bengalon Enim Tanjung Enim Development Rengat Muara POD Value Creation Enim II Pre POD Muralim Reserves Migration Pilot Appraisal Exp
Slide 23: Table of Contents
Table of Contents For personal use only • Who We Are • Indonesia’s Energy Markets • Our Portfolio • Tanjung Enim PSC Commercialisation • Why Invest in NuEnergy 23
Slide 24: Tanjung Enim Exploration & Appraisal
Tanjung Enim Exploration & Appraisal For personal use only Tanjung Enim, our first PSC progressing quickly towards commercialisation (revenue generating) Exploration & Appraisal Completed PLN LB1 POWER HOUSE AS TAP-IN POINT TO 20 kV Resources Upgrade & LINES February 2017 Certification POD December
Slide 25: Tanjung Enim Resources Upgrade & Certification
Tanjung Enim Resources Upgrade & Certification For personal use only Tanjung Enim, our first PSC progressing quickly towards commercialisation (revenue generating) Exploration & Appraisal Completed PLN LB1 POWER HOUSE AS TAP-IN POINT TO 20 kV Resources Upgrade & LINES February 2017 Certification POD
Slide 26: Tanjung Enim Plan of Development (POD)
Tanjung Enim Plan of Development (POD) For personal use only Tanjung Enim, our first PSC progressing quickly towards commercialisation (revenue generating) Exploration & Appraisal Completed PLN LB1 POWER HOUSE AS TAP-IN POINT TO 20 kV Resources Upgrade & LINES February 2017 Certification POD Decembe
Slide 27: Tanjung Enim Partners Support & Commitment
Tanjung Enim Partners Support & Commitment For personal use only Tanjung Enim, our first PSC progressing quickly towards commercialisation (revenue generating) Exploration & Appraisal Completed PLN LB1 POWER HOUSE AS TAP-IN POINT TO 20 kV Resources Upgrade & LINES February 2017 Certification POD Dec
Slide 28: Tanjung Enim Commercialisation Plan & Options
Tanjung Enim Commercialisation Plan & Options For personal use only Tanjung Enim, our first PSC progressing quickly towards commercialisation (revenue generating) Exploration & Appraisal Completed PLN LB1 POWER HOUSE AS TAP-IN POINT TO 20 kV Resources Upgrade & LINES February 2017 Certification CNG
Slide 29: Additional Long-Term End-to-End Opportunities
Additional Long-Term End-to-End Opportunities For personal use only 29
Slide 30: Table of Contents
Table of Contents For personal use only • Who We Are • Indonesia’s Energy Markets • Our Portfolio • Tanjung Enim PSC • Why Invest in NuEnergy 30
Slide 31: Summary - Why Invest in NuEnergy Gas?
Summary - Why Invest in NuEnergy Gas? For personal use only • Recognised Partner of Choice in a Country with Attractive Gas Prices, Growing Gas Demand and Government Support • Exciting Acreage with Excellent Subsurface, Qualified Reserves, Existing Gas Content and Low-Cost Drilling • Strong Balance
Slide 32: Please contact us for more information
For personal use only Please contact us for more information: [email protected] +62 21 2986 6161 Thank you for your time. We look forward to answering your questions.
NuEnergy Gas — Investor Presentation (September 2017) on 6ix