ADX Energy Ltd · ASX:ADX
ADX Energy — Investor Presentation (December 2020)
18 slides from ADX Energy's investor presentation, Dec 8, 2020
Slide 1: Retraction of ASX Release Information
ADX Energy Ltd (ASX:ADX) ASX RELEASE 8 December 2020 RETRACTION OF ASX RELEASE INFORMATION For personal use only ADX refers to its‘ announcement on ASX today, Investor Webinar - Upper Austria. Slide 11 of the presentation shows a graphical representation of NPV per barrel versus resource size at var
Slide 2: ADX Energy Ltd – Webinar Update: Upper Austria Appraisal & Exploration License Expansion
For personal use only ADX Energy Ltd – Webinar Update Upper Austria Appraisal & Exploration License Expansion Presented by: ADX Austrian Team Date: 8 December 2020 A European focussed energy producer (ASX:ADX) 1
Slide 3: Disclaimer Statement (1)
DISCLAIMER STATEMENT (1) Important Notice This document has been prepared by ADX Energy Ltd for the purpose of providing information to interested analysts/investors and shareholders. Any For personal use only statements, opinions, projections, forecasts or other material contained in this document
Slide 4: Disclaimer Statement (2/2)
DISCLAIMER STATEMENT (2/2) PRMS Reserves Classifications used in this Report Developed Reserves are quantities expected to be recovered from existing wells and facilities. For personal use only Developed Producing Reserves are expected to be recovered from completion intervals that are open and prod
Slide 5: Immediate Priorities for Austrian Expansion
IMMEDIATE PRIORITIES FOR AUSTRIAN EXPANSION 1) Gaiselberg & Zistersdorf Asset Enhancement ▪ Pursue behind pipe potential with increasing oil price Gaiselberg & Zistersdorf Production ▪ For personal use only New infill reserves and appraisal opportunities using new reprocessed 3D data set. ▪ Pursue H
Slide 6: New Appraisal & Exploration - Molasse Basin
NEW APPRAISAL & EXPLORATION - MOLASSE BASIN For personal use only Source: RED UPPER AUSTRIA – GROWTH PROGRAM 5
Slide 7: Austria Is a Rare Break Through Opportunity
AUSTRIA IS A RARE BREAK THROUGH OPPORTUNITY A TWO COMPANY GAME FOR OVER HALF A CENTURY A Unique Strategic Position World Class Oil Province ~1 billion barrels oil and 2.7 Tcf gas For personal use only ▪ 100% equity in operated, 0.8 Tcf gas & 70 mmbo from Upper Austrian Molasse zone alone production
Slide 8: Upper Austria Exploration License Summary
UPPER AUSTRIA EXPLORATION LICENSE SUMMARY For personal use only Green Dots: 81 Leads, Prospects & Appraisal Projects on modern 3D Grey Areas: 3,650 km² 3D Seismic in prolific “Molasse” foreland basin fractured geothermal reservoirs Central Storage facility Large number of proven & independent play t
Slide 9: Historical Exploration Success Ratio
HISTORICAL EXPLORATION SUCCESS RATIO Recent exploration success rate utilising 3D seismic is 48% For personal use only Large oil fields discovered No Oil 3D seismic drilling….… to be continued by ADX… on 2D seismic & gravity Exploration Source: RAG (REP) ▪ Despite a strong focus on gas and the recen
Slide 10: Drill Ready 3D Seismic Matured Portfolio
DRILL READY 3D SEISMIC MATURED PORTFOLIO For personal use only * Note: appraisal portfolio not shown here Gas Oil 4.2 mmboe average prospect size 42 mmboe Best Note Excellent reservoir Balanced oil & Average prospect Technical Resources productivity (+1000 bopd); gas mix with risk in line with for 1
Slide 11: Attractive Terms & Excellent Infrastructure
ATTRACTIVE TERMS & EXCELLENT INFRASTRUCTURE For personal use only ZR R KTG ZV BH fully automated dispatching centre SIER ▪ Maximum total exploration period of 16 years V without relinquishment PK HIER ▪ Favourable fiscal terms with 15% to max. 20% royalty (max. 22% for gas) and low exploration commi
Slide 12: Upper Austria Oil Appraisal Examples
UPPER AUSTRIA OIL APPRAISAL EXAMPLES RAG Voitsdorf field: RAG producing oil fields 25 mmbo produced For personal use only ADX appraisal & exploration projects ADX – AT-II LIND-001 Extensive prospect inventory developed with state of the art 3D seismic and years of basin experience. SGB-001 “A privil
Slide 13: Dual Geothermal and Hydrocarbon Targets
DUAL GEOTHERMAL AND HYDROCARBON TARGETS Symbol for proven Jurassic highly fractured Geothermal & Hydrocarbon Reservoir Blue symbols: Jurassic geothermal facilities in operation – including power generation North For personal use only ▪ The Molasse Basin is a proven highly active geothermal growth ar
Slide 14: Example of On Trend Exploration Potential
EXAMPLE OF ON TREND EXPLORATION POTENTIAL SE NW For personal use only RAG - HAIDACH ADX PROSPECT GAS FIELD MIOCENE STRAT TRAP ▪ Low – medium risk prospect only a few km SE of the Haidach discovery analogy, now the largest gas storage field in Austria, operated by RAG. ▪ The ADX prospect is well defi
Slide 15: Upper Austria - Investment Attributes
UPPER AUSTRIA - INVESTMENT ATTRIBUTES • Rapid licensing and long established oil and gas culture ensures regulatory and community support For personal use only • Experienced technical and operations team ready to go on the ground that know the area • Drill ready portfolio (company makers and low ris
Slide 16: Zistersdorf Fields – New Growth Potential
ZISTERSDORF FIELDS – NEW GROWTH POTENTIAL ▪ 100% Equity purchased from RAG Austria AG (RAG) in December 2019 For personal use only ▪ Excellent infrastructure, low emission production from state of the art facilities & 13.7 hectares agricultural land. ▪ High value sweet crude oil (25 API – 7.9% disco
Slide 17: Zistersdorf Field – New 3D Seismic Technology
ZISTERSDORF FIELD – NEW 3D SEISMIC TECHNOLOGY ADX – 2020 PSDM reprocessing Example from ADX Zistersdorf field For personal use only OMV – 2008 PSDM processing Example from ADX Zistersdorf field ▪ The large Flysch OIIP potential can now be targeted with precisely located slanted and horizontal wells
Slide 18: Thank You!
THANK YOU! For personal use only Executive Chairman: Ian Tchacos [email protected] Chief Executive: Paul Fink [email protected] Finance Manager and Company Secretary: Amanda Sparks [email protected] adx-energy.com 18