STRIKE ENERGY LIMITED EUROZ SECURITIES INSTITUTIONAL CONFERENCE Perth, 12 March 2015
Company Overview: Corporate Strike Energy Limited (ASX : STX) is an Australian based, independent oil and gas exploration and production Company. The Company is focused on the development and rapid commercialisation of a substantial…
EUROZ: Presentation Eastern Australian Gas Market Strikes Southern Cooper Basin Gas Project Strike Energy Limited - EUROZ Presentation, March 2015 3
EASTERN AUSTRALIAN GAS MARKET
Eastern Australian Gas Market: Imminent demand shock Annual gas consumption (including LNG exports) for Eastern and South-Eastern Australia Historical (2010-2014) Short Term (2014-2019) Medium Term (2019-2024) 9.0 mtpa capacity…
Eastern Australian Gas Market: New gas export pathway Global Energy Demand US60 Billion investment connecting onshore gas resources to global energy demand Gas liquefaction Demand 30 Tcf over 20 years 4.1 Bcf / day…
Eastern Australian Gas Market: Supply and demand - over 20 years Supply Demand Cooper Basin - third party Bowen/Surat Basins - CSG JV equity gas Export demand 30 Tcf - third party 30 Tcf over 20 years 4.1 Bcf / day 40…
Eastern Australian Gas Market: Implications of global LNG pricing LNG price CIF Japan (USD/MMBtu) + 10.00 12.00 14.00 Mount Isa Bowen/ Gladstone Surat Eastern Australian delivery point prices* + Basins Cooper Brisbane Basin…
Eastern Australian Gas Market: Opportunity Without clarity as to how future gas demand (40 Tcf) will be met a significant gas shortfall is looming in the Eastern Australian Gas Market Presents a significant opportunity for new…
SOUTHERN COOPER BASIN GAS PROJECT
Southern Cooper Basin Gas Project: Favourable location Moomba Prospective resource PEL 96 4,492 Bcf* Marsden 1 PEL 96 1,227 Bcf* Phase One Area PEL 95 STX 50% PEL 94 Davenport 1 STX 35% Mount Isa Le Chiffre 1 Gladstone…
Southern Cooper Basin Gas Project: Strikes strategic objectives Strategic objectives Timing Supply targets 2020/21 Production 5 Tcf over 20 years FID Cost competitive third party gas supply Development for LNG exporters…
Southern Cooper Basin Gas Project: PEL 96 appraisal program PEL 96 - Appraisal/Commercialisation Commence Q4 2015 Objective Funded (2) Le Chiffre pilot test Phase 4 Production optimisation FID Pre-development wells Commence Q3…
Southern Cooper Basin Gas Project: Emerging reservoir characteristics 2013 2014 Reservoir properties Net Coal Permeability Gas Content Gas Flows Discovery of up to 145m Early gas flows - of net coal Patchawarra coals all well…
Southern Cooper Basin Gas Project: Compelling economics CSG economics are predominantly determined by the relationship between the amount of gas recovered per well and the capital cost of the well. The best Australian CSG wells typically…
Investment Summary Gas market dynamics significant opportunity for new strategically located supply Strike provides direct exposure to a substantial gas market with unrivalled leverage Strike has a multi-Tcf resource with direct…
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