Metgasco Ltd · ASX:MEL
Metgasco — Investor Presentation (July 2013)
10 slides from Metgasco's investor presentation, July 2013
Slide 1: Natural Gas: An environmentally attractive source of energy
Natural Gas: An environmentally attractive source of energy Part one July 2013
Slide 2: Presentation overview
Presentation overview Who we are, where we operate, what we have achieved and what are our plans Why NSW Government supports CSG Some fundamentals of oil and natural gas production How we protect the environment, water in particular How we respect landowners Where to from here for Metgas
Slide 3: CSG – providing environmentally attractive energy
CSG – providing environmentally attractive energy Development of Australian coal seam gas is important for the Australian economy CSG will play an important part in supporting business and creating jobs in the Northern Rivers region Gas is a clean fuel and has an important part to play in redu
Slide 4: Metgasco – current position
Metgasco – current position Metgasco (“MEL”) is an ASX listed, onshore conventional and unconventional gas company, with significant 100% owned acreage in the Clarence Moreton Basin in northern NSW MEL’s pilot wells have demonstrated economic gas production in its large resource base MEL is co
Slide 5: Industry experienced Board and Management
Industry experienced Board and Management Board has proven track record of project delivery and senior leadership in the E&P industry Management has strong technical background; over 100 years of combined E&P operating experience Industry Focused & Experienced Board Management with Strong Techni
Slide 6: Where we operate
Where we operate Exploration interests in three Clarence Moreton Basin permits Coal seam methane gas Conventional oil and gas Exploration leases give Metgasco a right and an obligation to explore: Need specific government approvals for seismic and wells and landholder access Need governm
Slide 7: Gas is a highly regulated industry
Gas is a highly regulated industry NSW upstream gas sector is well regulated and must comply with over 10 state Acts (including Petroleum (Onshore) Act, Environmental Planning and Assessment Act and State Environmental Planning Policies) September 2012 NSW government released new policies: Str
Slide 8: Successful exploration – growing gas reserves
Successful exploration – growing gas reserves 1P 2P 3P 3000 2541 Metgasco gas reserves 2500 2239 1P 2P 3P PJ 2.7 428 2,541 2000 1538 NSW/ACT consumes 131 PJ/pa 1389 1500 1127 Reserves have been certified by Mr Tim Hower of MHA Petroleum Consultants (Denver) who is a 1000 qualified person as defined
Slide 9: Past exploration activity – excellent environmental record
Past exploration activity – excellent environmental record 980km of 2D reprocessed vintage seismic 442km of 2D seismic acquired by Metgasco and DPI This data set has been interpreted and mapped Metgasco Wells 10 Lateral 22 23 Vertical Core Approximately 300 agreements with landholders – all
Slide 10: Multiple commercialisation options available
Multiple commercialisation options available Local and Regional markets Local Sales – e.g. Richmond Dairies Compressed Natural Gas (CNG)/micro LNG Local power Generation Domestic and Export 15PJ to 30 PJ Gas Sales for Domestic & third party sales to LNG Proponents Stand Alone Large Scale L