Unlo nlocking a a gam ame-changing ne new UK of offshore gas - PowerPoint PPT Presentation

1 Unlo nlocking a a gam ame-changing ne new UK of offshore gas as pla play usi using inno innovativ ive Dr Amanda Turner pla platf tform tech echnolo logy NorEX 2019

Lir Resources : At the leading edge of UK Energy • LIR: Celtic God of the Sea • UK focus - East Irish Sea Basin & Southern Gas Basin • Highly experienced Management Team: Subsurface, Engineering & Facilities and Commercial expertise. 2

The Lir Resources Management Team Amanda Turner Gareth Beamish Peter Haigh Kevin Cochrane CEO / Commercial Director Subsurface Director COO / Engineering Director Non Exec Chair • Regional Director East Irish • • • PhD Geology, MBA Warwick MSc Petroleum Geology, Civil Engineer with 35 Sea for Centrica • Technical expertise in EIS basin Imperial College. years in oil & gas industry • • £2bn Capital value gas • (Mobil, Clyde) 22 years on Morecambe 35 years in E&P Senior production operation: 10 • 30 years experience with roles in Mobil, XOM & BG Field including overall platforms 3 gas processing • Majors, Independents, Service responsibility for entire Subsurface Director, Ineos terminals, 650 staff Cos Shale asset base • Executive roles in HSE, • Expertise in Platform Standards & training design and fabrication

Lir Resources: Business Summary • A Start-Up Exploration and Production company focussed on delivering gas resources from the East Irish Sea basin targeting: • Existing undeveloped Triassic discoveries • New, underlying Permian tight sand prospects • Existing and underlying Bowland Shale gas play • Innovative, patented, platform technologies will significantly reduce costs and make ‘smaller pools’ economically viable to develop. • Build a multi-billion pound transitional energy business through innovative platform, Gas to Wire, CCS and hydrogen generation technologies. 4

Lir Resources: Stacked Play Strategy Carboniferous Sandstones & Shales on the Innovative Lancashire Platform Technology Coast Triassic Sandstone Play Triassic Sherwood Sandstone cliff, Permian Tight Sand Play Cumbria. Carboniferous Shale Play The Morecambe Gas Platform Lir’s Stacked Play Strategy 5

Lir Resources: Innovative technology solutions Gas-to-Wire – generating electricity from gas at site, feeding into existing windfarm grid CCS – Depleted EIS gas fields used to store C0 2 Offshore foundation structure – enabling both power and hydrogen production plants to Hydrogen production – Patented platform design – be located offshore Methane derived hydrogen significantly reduces drilling from offshore plants costs enabling ‘small pools to be developed Platform Technologies Energy Transition Technologies 6

7 Prese esentation at t Nor orEX2019 Dr Amanda Turner