Capital Raising Overview A capital raising of approximately 12.7m (before costs) via a 4 million placement (Placement) and 8.7 million entitlement offer (Entitlement Offer) Capital Raising Placement of 222.2 million new ordinary…
Source and Uses million Opening Cash1 3.1 Receivables2 0.9 Namibian Sales Consideration3 2.8 Payables4 (11.4) Funds raised from the Placement 4.0 Funds raised from the Entitlement Offer 8.7 Costs of the Issue (0.8) Net funds…
Indicative Timetable Request for Trading Halt and Announcement of Capital Raising Thursday, 27 June 2019 Placement book opens Thursday, 27 June 2019 Placement book closes Friday, 28 June 2019 Appendix 3B and Cleansing Notice lodged…
CAPITAL STRUCTURE Calima Energy Ordinary Shares 1,450 M Calima Energy (CE1) is an ASX listed Perf. Related Securities(1) 68.3 M Market Capitalisation(2) 28 M oil and gas company with its primary Cash & Securities(3) 3.1 M assets in the…
BOARD OF DIRECTORS Board & Management Alan Stein Managing Director The Calima Board and Senior Dr Stein has more than 30 years experience in the international oil and gas industry. He was one of the founding partners of the geoscience…
MONTNEY (100%)
Montney: Demand Increasing LNG: Five(1) significant LNG projects approved (50-70Mtpa potential) Shell, PETRONAS and partners commenced construction of LNG Canada (at 26Mtpa will consume 3.5bcf/d) Woodside and Chevron increasing…
Key Asset - The Montney (100%) Acreage - CE1 owns and operates 100% interest in 72,000 acres of drilling rights in British Columbia 2018 Prospective Resource - 475mmboe(1) from 400 well locations upgrade expected July 2019 Leases -…
Montney: Strategy to Unlocking Value 1 Three wells drilled in 2019 Estimated Ultimate Recoveries (EURs) 25% higher than Prove up the Play anticipated at 7-8bcf (2018; 5.6-6.8bcf) 2019 Resource report update due July 2019 In…
Montney: Stage 1 Prove up the Play (1) Calima - 1 Calima - 2 Calima - 2 & 3 (1) Drilling results ASX Announcement - Appendix 1, 30 May 2019 11
Montney: Stage 2 Demonstrate Development Existing late-life field infrastructure 20km to the north of the Calima pad has capability to handle up to 50mmcf/d and 2,500bbl/d Negotiations re access at an advanced stage The field is…
Montney: Stage 3 Secure Investment GMP FirstEnergy appointed as Canadian Corporate Adviser GMP will assist the CE1 in unlocking shareholder value in its Canadian portfolio via: M&A Transaction values in the Montney Strategic…
2018 McDANIEL & ASSOCIATES BEST ESTIMATE GROSS UNRISKED PROSPECTIVE RESOURCES (1, 5) Resources Report Calima Calima March 2018 Lands Lands McDaniel & Associates have been commissioned to update the Gross Net March 2018 Resources…
Other Assets Three non-core investments: Namibia (56%) Namibia - 56% interest in PEL 90 (Block 2813B), offshore Namibia. CE1 recently announced the sale of PEL 90 for US2.0m (A2.9m) plus success bonuses to Tullow Success bonuses…
Conclusion ROADMAP Create FOR O U R 1 Built a 72,000 acre Montney land position in B.C. BUSINESS Drilling programme met or exceeded expectation and S T I C K I N G TO will result in an updated Reserve report July 2019 T H E PLAN…
APPENDIX
Disclaimer This presentation has been prepared by Calima Energy Limited (Company), based on This presentation is presented for informational purposes only. It is not intended to information available as at the date of this presentation.…
Canadian LNG Projects Summary(1) 145.5mpta (19bcf/d) 37.5mpta (4.9bcf/d) When Shell and partners announced an FID for their LNG Canada project in October 2018, it was the first greenfield liquefaction project to be…
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