Download - Melbourne Mining Club 3 October 2013
![Page 1: Melbourne Mining Club 3 October 2013](https://reader030.vdocument.in/reader030/viewer/2022033102/568164b8550346895dd6c3b2/html5/thumbnails/1.jpg)
1
Melbourne Mining Club3 October 2013
![Page 2: Melbourne Mining Club 3 October 2013](https://reader030.vdocument.in/reader030/viewer/2022033102/568164b8550346895dd6c3b2/html5/thumbnails/2.jpg)
2
The benefits of natural gas (CH4)
• High hydrogen, hence cleaner burning than coal
• Reduced water demand• Able to provide flexibility to cover
base and peak loads• Potential to underpin the
development of a new and scalable petrochemical industry (explosives, fertilisers etc)
• Possibility of building a new era for high purity diesel and jet fuel via gas to liquids
• ….but, Eastern Australia is short gas
![Page 3: Melbourne Mining Club 3 October 2013](https://reader030.vdocument.in/reader030/viewer/2022033102/568164b8550346895dd6c3b2/html5/thumbnails/3.jpg)
3
2002 – Australian east coast gas outlook
![Page 4: Melbourne Mining Club 3 October 2013](https://reader030.vdocument.in/reader030/viewer/2022033102/568164b8550346895dd6c3b2/html5/thumbnails/4.jpg)
4
Today – Australian east coast gas outlook
Existing domestic east coast contracts
Source: Core Energy Group, July 2012
Projected east coast total demand
Gladstone LNG facilities
Uncontracted gas
![Page 5: Melbourne Mining Club 3 October 2013](https://reader030.vdocument.in/reader030/viewer/2022033102/568164b8550346895dd6c3b2/html5/thumbnails/5.jpg)
5
Reg Sprigg - Founder of Beach Energy
![Page 6: Melbourne Mining Club 3 October 2013](https://reader030.vdocument.in/reader030/viewer/2022033102/568164b8550346895dd6c3b2/html5/thumbnails/6.jpg)
6
Company overview
• ASX 100 listed oil and gas exploration and production company
• Market capitalisation of ~A$1.8 billion
• Largest Cooper Basin oil producer
• Sixth largest Australian oil producer
• Strong balance sheet with cash of $348 million at 30 June 2013
• Undrawn secured debt facility of A$320 million
• FY13 – record underlying NPAT of $141 million, record total revenue of $700 million
![Page 7: Melbourne Mining Club 3 October 2013](https://reader030.vdocument.in/reader030/viewer/2022033102/568164b8550346895dd6c3b2/html5/thumbnails/7.jpg)
7
Cooper Basin acreage
![Page 8: Melbourne Mining Club 3 October 2013](https://reader030.vdocument.in/reader030/viewer/2022033102/568164b8550346895dd6c3b2/html5/thumbnails/8.jpg)
8
NTNG permits and wells
![Page 9: Melbourne Mining Club 3 October 2013](https://reader030.vdocument.in/reader030/viewer/2022033102/568164b8550346895dd6c3b2/html5/thumbnails/9.jpg)
9
Major basins of Australia
![Page 10: Melbourne Mining Club 3 October 2013](https://reader030.vdocument.in/reader030/viewer/2022033102/568164b8550346895dd6c3b2/html5/thumbnails/10.jpg)
10
Key Australian pipeline network
![Page 11: Melbourne Mining Club 3 October 2013](https://reader030.vdocument.in/reader030/viewer/2022033102/568164b8550346895dd6c3b2/html5/thumbnails/11.jpg)
11
Key basins well served by infrastructure
![Page 12: Melbourne Mining Club 3 October 2013](https://reader030.vdocument.in/reader030/viewer/2022033102/568164b8550346895dd6c3b2/html5/thumbnails/12.jpg)
12
What needs to happen next….
• Firm and far reaching policies need to be set
• Regulation needs to be streamlined and harmonised
• Scientific principles by principled scientists
• National backing needed for all LNG projects