Synergia Energy Ltd · LSE:SYN
Synergia Energy — Oilex — Investor Presentation (November 2017)
16 slides from Synergia Energy's investor presentation, November 2017
Slide 1: Oilex Cambay Facilities: Natural Gas in the World's Fastest Growing Economy
For personal use only Oilex Cambay Facilities NATURAL GAS IN THE WORLD’S FASTEST INVESTOR PRESENTATION NOVEMBER 2017 GROWING ECONOMY www.oilex.com.au twitter@oilexltd
Slide 2: Important Information
IMPORTANT INFORMATION For personal use only Nature of the presentation This presentation has been prepared by Oilex Ltd (Oilex). It is current as at the date of this presentation. It contains information in a summary form and should be read in conjunction with Oilex’s other periodic and continuous d
Slide 3: Important Information: Risks and Forward Looking Statements
IMPORTANT INFORMATION For personal use only Risks and forward looking statements An investment in Oilex shares is subject to known and unknown risks, many of which are beyond the control of Oilex. In considering an investment in Oilex shares, investors should have regard to (amongst other things) th
Slide 4: Oilex Path to Cambay Field Development
For personal use only Oilex Path to Cambay Field Development • Oilex has a large gas resource - commencing development in 2018 • Within World’s fastest growing energy market • Gas prices have rebound strongly • Adjacent to major national gas transmission infrastructure • Approval of 10 year PSC exte
Slide 5: Oil and Gas Focus in India
For personal use only Oil And Gas Focus in India • World’s third largest petroleum consumer • India fastest growing large country by GDP at ~7% • Government recognises criticality of energy supply: Oil and gas a key contributor to MAKE IN INDIA initiative • Government proactively promoting oil and g
Slide 6: India - Robust Energy Fundamentals
For personal use only India - Robust Energy Fundamentals World’s Govt Doubling Forecast Oil & Gas Fastest Policy Demand 80% of oil of LNG Largest Growing Driving imported Imports by Energy Increasing Economy Reform 2020 Market Oil & Gas Production Oil & Gas Consumption 300 300 Aust India Aust India
Slide 7: Oilex - LNG Prices Recover Strongly
For personal use only OILEX - LNG Prices Recover Strongly Cambay 70% Doubling 15km to Gas Part of Increase of LNG to replace High No Price Imports by Pressure National in LNG LNG Control 2020 Network Grid Price Imports ASIA LNG PRICES $9.20 Japan China $7.70 $9.20 $8.60 $5.90 $6.20 $5.30 $5.30 $6.70
Slide 8: Oilex Target for 2018
For personal use only OILEX Target for 2018 C-80 C-81 C-79H Horiz Work FDP + PSC Up to Eight C-35 WO + Vertical well + Vertical well + Well + Extension Workovers Stimulation Programme Stimulation Stimulation Stimulation 2017-2018 2018 Q3 2018 Q3 2018 Q4 2018 2018-2019 Funding FDP + PSC Extension Str
Slide 9: Cambay Project
For personal use only CAMBAY PROJECT Page 9
Slide 10: Oilex: Leveraged to India Growth
For personal use only Oilex: Leveraged to India Growth • India Focused - 10 years active operating experience • Multi TCF discovered gas resource - targeting initial development in 2018 • One of a VERY small number of foreign Cambay companies operating in India Cambay PSC • Actively seeking new proj
Slide 11: Project Fundamentals
Project Fundamentals ➢ Historic EP-IV vertical wells flowed at strong rates on test unstimulated ➢ Very large EP-IV tight gas resource volumes potential (see map) ➢ Historic EP-IV horizontal well encountered hydrocarbons, reservoir For personal use only Contingent Resource for EP-III / IV (X / Y Zon
Slide 12: Project Fundamentals: Fracture Modelling Examples
Project Fundamentals FRACTURE MODELLING EXAMPLES ➢ Third party studies provide: For personal use only Historical Vertical Well – fracture escaped vertically outside of reservoir target zone. • Confirmation of potentially large gas resource • Specific reasons for under-performance of historical stimu
Slide 13: 2018 Programme and Schedule
2018 Programme and Schedule Proposed Initial Phase Timetable Jan-18 Feb-18 Mar-18 Apr-18 May-18 Jun-18 Jul-18 Aug-18 Sep-18 Oct-18 Nov-18 Dec-18 For personal use only OS-ll Programme Planning 7 Workovers 1 Vertical Well 1 Horizontal Well EP-IV Programme Planning 2 Workovers including C-35 stimulatio
Slide 14: Cambay Conceptual Development Target
Cambay Conceptual Development Target ➢ Phase 1 » Phased expansion of surface facilities to 12mmcfd for a projected For personal use only aggregate cost of up US$10 million ➢ Phase 2 » Phased expansion of surface facilities from to 12 to 50mmcfd for a projected aggregate cost of up US$40 million » It
Slide 15: Revitalised Management Team to Support Growth
Oilex: Revitalised Management Team to Support Growth Strong board and management - restructured in 2016/17 For personal use only Experienced in execution and delivery of projects in India BOARD & MANAGEMENT Focus on realising the value in Indian projects Brad Lingo Non-executive Chairman Over 30 yea
Slide 16: An Oil and Gas Focused Company
For personal use only An OIL and GAS Focused Company Large Gas Resource – Multi-TCF Accessing Booming Indian Energy Market ASX : OEX AIM: OEX www.oilex.com.au