NuEnergy Gas Limited · ASX:NGY
NuEnergy Gas — Shareholder Meeting (November 2011)
15 slides from NuEnergy Gas's shareholder meeting presentation, Nov 25, 2011
Slide 1: Annual General Meeting
NuEnergy Capital Limited NuEnergy For personal use only ANNUAL GENERAL MEETING 25 November 2011 Level 29, St Martins Tower 31 Market Street Sydney NSW 1
Slide 2: Agenda
AGENDA NuEnergy For personal use only OVERVIEW AND STRATEGY 1. Status & Highlights 2. Strategy – Indian Ocean Rim 3. Value Creation EXPLORATION OPERATIONS 1. Current Portfolio Prime Location 2. Drilling Status 3. East Africa MOVING FORWARD 1. Objectives 2. Program 2
Slide 3: Status & Highlights
Status & Highlights NuEnergy For personal use only • NGY has three Production Sharing Contracts (PSC) Company Snapshot in South and Central Sumatra, Indonesia, covering Issued Capital 4,819 square kilometres: 124.8m (Ordinary Shares – ASX:NGY) ‐ Muara Enim (40% participating share) ‐ Muara Enim 2 (3
Slide 4: Indian Ocean Rim Focus
Indian Ocean Rim Focus NuEnergy NuEnergy is targeting the acquisition and development of gas assets in emerging markets in the For personal use only Indian Ocean rim region: • In 2010 Indonesia was the world’s second largest gas exporter after Qatar. However increased domestic demand means Indonesia
Slide 5: Value Creation
Value Creation NuEnergy Multiple value creation events are being generated over the next 6 For personal use only months: • Drilling results from Muara Enim PSC together with reserve updates based on these results • Significant flow of drilling and pilot results from surrounding tenements to be rel
Slide 6: Comparison to Other Pure ASX CBM players
Comparison to Other Pure ASX CBM players NuEnergy For personal use only CBM Company Comparison ‐ Resources and Reserves GIP* 3C 2C 3P 2P Market Cap (Bcf) (PJ) (PJ) (PJ) (PJ) $M Bow Energy BOW 13,800 2,521 2,521 2,752 238 $528 Dart Energy DTE 50,200 2,304 1,329 104 46 $461 Metgasco MEL 14,000 2,592 2
Slide 7: Prime Location in South Sumatra CBM Basin
Prime Location in South Sumatra CBM Basin NuEnergy Gas Pipeline to For personal use only Duri & Singapore 12 11 10 13 Sekayu PSC – Medco/CBM Asia 2 wells on production testing (flared gas to surface) 4 wells drilled in total with up to 70m net coal thickness, 70‐203 scf/ton, 80‐95% gas saturation 9
Slide 8: Prime Location in South Sumatra CBM Basin
Prime Location in South Sumatra CBM Basin NuEnergy • The South Sumatra coal basin has the richest CBM gas content in Indonesia according to a recent study by IHS For personal use only CERA showing an estimated GIP of circa 7.2 Bcf GIP /km2 • The prolific Central Sumatra coal basin has an estimated C
Slide 9: Prime Location in South Sumatra CBM Basin: Coal Seam Thickness Map
Prime Location in South Sumatra CBM Basin NuEnergy For personal use only NuEnergy Coal Seam Thickness Map Muara Enim Muara Enim 2 Source: JMJ Petroleum Oil & Gas Consultancy – GIS G&G Exploration Database 9
Slide 10: Indonesian Drilling Status
Indonesian Drilling Status NuEnergy For personal use only • The HCR‐8 drill rig has arrived at the Muara Enim PSC concession • First results expected December 2011
Slide 11: East Africa Update
East Africa Update NuEnergy For personal use only • NuEnergy through its wholly owned subsidiary, NuEnergy Gas (Tanzania) Limited has signed CBM Joint Venture agreements with Tancoal Energy Limited (“Tancoal”), a public private partnership subsidiary of Intra Energy Corporation Limited (ASX:IEC) and
Slide 12: Moving Forward - Objectives
Moving Forward ‐ Objectives NuEnergy For personal use only Convert the significant in place gas resource potential of the company’s Indonesian CBM concessions to over 2000 Bcf of 3P resources Commenced drilling for CBM gas in Indonesia. East Africa program to commence H1 2012 “Value add” by de
Slide 13: Introducing NuEnergy Gas
Introducing NuEnergy Gas NuEnergy For personal use only Following the change of the Company’s name to NuEnergy Gas Limited (ASX: NGY) (if approved – Resolution 6), the Company’s new website will be www.nuenergygas.com.au
Slide 14: Questions
For personal use only Questions NuEnergy
Slide 15: Disclaimer
Disclaimer NuEnergy For personal use only • This presentation has been prepared by NuEnergy Capital Limited (“NuEnergy” or the “Company”) and is being provided for the sole purpose of providing preliminary background financial, operational and other information to enable shareholders and/or prospect