Conrad Asia Energy Ltd. · ASX:CRD
Conrad Asia Energy — Non-Deal Roadshow (September 2023)
16 slides from Conrad Asia Energy's roadshow presentation, Sep 12, 2023
Slide 1: Gas Exploration & Development Company in World's Fastest Growing Energy Region
For personal use only Gas Exploration & Development Company in World’s Fastest Growing Energy Region ASX: CRD Non-Deal Roadshow September 2023
Slide 2: Important Notice and Disclaimer
Important Notice and Disclaimer This presentation has been prepared by Conrad Asia Energy Ltd (the Company). It does not purport to contain all the This document does not constitute any part of any offer to sell, or the solicitation of any offer to buy, any securities in the information that a prosp
Slide 3: Investment Highlights
Investment Highlights Conrad is a Singapore energy company - shares are publicly listed on the ASX through Chess Depositary Interests (CDIs) • Pure play exposure to Asia offshore gas and to the world’s fastest growing energy market Offshore Asian gas • Total 2C Contingent Resource of 578 Bcf (376 Bc
Slide 4: Delivery of Key Milestones
Delivery of Key Milestones Conrad has demonstrated a strong track record of consistent delivery • Mako POD approved by MEMR • Successful completion of IPO (ASX) raising US$30 million • Funded Mako appraisal campaigns through: • Raised seed capital – Divestment of 13.5% interest in Duyung PSC to AIM
Slide 5: Attractive Portfolio of Projects
Attractive Portfolio of Projects Duyung PSC (which contains Mako) is the cornerstone asset of Conrad’s portfolio with additional exploration assets providing upside Duyung PSC, 76.5% Participating Interest – Mako Gas Field • Contains the Mako Gas Field, with 2C Contingent Resources of 413 Bcf (215 B
Slide 6: Duyung PSC and Mako Gas Field Overview
Duyung PSC and Mako Gas Field Overview The largest undeveloped gas discoveries in the West Natuna Sea with key under-utilised infrastructure in place • The Mako Gas Field principally lies within the Duyung PSC with tenure until 2037 For personal use only • Mako Gas Field has been assessed to contain
Slide 7: Mako Is Both Economically and Environmentally Advantaged
Mako Is Both Economically and Environmentally Advantaged Asia urgently needs more gas, but many of the major projects are not advantaged resources Pre-FID project emissions intensity vs payback, oil vs gas Pre-FID project emissions intensity vs payback, by theme For personal use only Mako Gas Mako G
Slide 8: Mako is Strategically Positioned
Mako is Strategically Positioned Mako is strategically positioned to supply established gas markets Mako is expected to be a meaningful source of gas … into critical and growing Asian demand centres supply… For personal use only Natuna Sea Annualised Supply Capability (bbtu/d) West Natuna Transport
Slide 9: Singapore offers a Supportive Gas Price Environment
Singapore offers a Supportive Gas Price Environment Conrad’s value proposition is supported by strengthening Asian gas prices Daily Natural Gas and LNG Prices (Oct-21 to Aug-23) Conrad’s initial target gas markets are in Singapore and Indonesia For personal use only Japanese Korea Marker (North As
Slide 10: Singapore Gas demand – 95% of Power Generated by Natural Gas
Singapore Gas demand – 95% of Power Generated by Natural Gas(1) Four gas turbine combined cycle power generation units to be Natural gas demand is expected to grow in line with the built by 2026 expansion of gas-fired power plants(2). For personal use only Singapore Primary Energy Supply (2) SembC
Slide 11: Aceh PSCs
Aceh PSCs The Aceh PSCs contain numerous offshore gas discoveries as well as large exploration opportunities Location Map of offshore Aceh PSCs • Conrad was awarded two new PSCs in January 2023, located offshore northwest Sumatra within the Aceh Province of Indonesia For personal use only • The Aceh
Slide 12: Aceh PSCs
Aceh PSCs The Aceh PSCs contain numerous offshore gas discoveries as well as large exploration opportunities ONWA / OSWA Discoveries • The shallow water discoveries, located close to shore, were made in the 1970’s and are sited in geological formations known as “pinnacle reefs” For personal use only
Slide 13: Unique Gas Opportunity
Unique Gas Opportunity Indonesia offers a compelling gas investment opportunity with Asia demand growth for gas strongest over the next 10+ years “Global GDP per capita is expected to rise by roughly 85% by 2050. The global population is expected to rise by 2 billion, a 25% increase. The utility o
Slide 14: Board and Management
Board and Management Highly experienced Board & Management team with strong technical, operational and financial backgrounds Board Management For personal use only Over 50 staff, growing quickly with the Mako project Skilled and experienced technical, project, financial, Offices in Jakarta and Singa
Slide 15: Key Takeaways
Key Takeaways Exposure to a portfolio of South-east Asian gas development, appraisal and exploration assets Conrad believes that the quickest and best way to reduce global emissions is to accelerate the energy transition. Conrad expects that gas will play an important role in progressing this cleane
Slide 16: For personal use only
Peter Botten Chairman Conrad Energy Asia For personal use only [email protected] Mario Traviati Non-Executive Director Conrad Energy Asia [email protected] +65 6517 9700 Miltos Xynogalas Managing Director Conrad Energy Asia [email protected] +62 811 904 658 Diego Fettweis Chief Commercial
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