Calima Energy (ASX:CE1) Presentation, FNN Investor Event, 21 November 2018, Melbourne

Company Presentations

Glenn Whiddon, Executive Chairman of oil and gas exploration and production company Calima Energy Limited (ASX:CE1), talks about the company’s management, drilling, infrastructure, markets and outlook at FNN’s Investor Event.

Key points:

  • AUD$75 million market capitalisation
  • AUD$25 million cash, no debt
  • Owns 72,000 acres of drilling rights in the Calima lands, which should be rich in condensate
  • Drilling commencing December 2018
  • Play de-risked by adjacent operator who has drilled more than 60 successful wells
  • Calima will complete early stage drilling and then seek a transaction to create value for shareholders

For more, watch the Executive Chairman, Glenn Whiddon present.