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AN EMERGING GLOBAL CLEAN ENERGY AN EMERGING GLOBAL CLEAN ENERGY COMPANY COMPANY 19 October 2011 19 October 2011 Greg Solomon Chairman

AN EMERGING GLOBAL CLEAN ENERGY COMPANY 19 October 2011 Greg Solomon Chairman

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AN EMERGING GLOBAL CLEAN ENERGY COMPANYAN EMERGING GLOBAL CLEAN ENERGY COMPANY

19 October 201119 October 2011

Greg SolomonChairman

January 2011

Corporate StructureCorporate Structure

Apr 18, 2023 2

Eden Energy India Pvt Ltd

(India)100%

Pyrolysis and Gas to

Liquids Technology

100%

Eden Energy Ltd (AUSTRALIA)

Clean Energy Energy Production

Coal Bed Methane/Shale

Gas(Wales, UK)50%/100%

(IPO planned)

Natural GasSouth Australia

(AUS)100%

(Suspended)

Terratherma (Geothermal)

South Australia (AUS)100%

(Suspended)

Hythane Company

LLC (USA)100%

January 2011

Current Clean Energy ProductsCurrent Clean Energy Products

• Pyrolysis Project - Solid Carbon and Hydrogen Production

without CO2

- Single Walled Carbon Nanotubes (SWCNT) - Multi Walled Carbon Nanotubes (MWCNT) - Carbon Nanofibres (CNF)

• Hythane®- India and US

• OptiBlend® Dual Fuel - India and US

January 2011

Current Energy Projects Current Energy Projects

UK- CBM - Coal Bed Methane JV-50% (2100km2)

UK- Shale/ - Shale Gas/Conventional Gas JV-50% (2100km2)

Conventional

SA Natural Gas - Untested natural gas target (100km x 10km)

- 100% -Obligations suspended for 12 months

SA Geothermal - 100% -Obligations suspended 12 months

January 2011

Low Cost Production of Carbon Fibres/Nanotubes and H2 from CH4

• New process developed with UQ

• Patent applications lodged -over 50 countries

• No CO2 – H2 becomes a high value byproduct

•Produces hydrogen and single /multi-walled carbon nanotubes and carbon fibres

- tensile strength up to 200-300 times steel

- approx 17% the weight of steel

- structural /electrical/ thermal qualities

• Scale -up by Eden in US - encouraging results• Commercial prototype is operational in US

Pyrolysis Project – Eden 100%Pyrolysis Project – Eden 100%

Eden Energy CNT/ CNF ProductionEden Energy CNT/ CNF Production

Hydrogen

Carbon

Inert Gas

Natural Gas Supply

Catalyst Feed Reactor

Hydrogen Product

CNT’s

Carbon Product

CH4

• New Cost Competitive Technology being developed in US - Catalyst Formulae and production of MWCNT and CNF - Commercial scale reactor operational in US - Provisional patent applications lodged• Products – (from natural gas with catalyst) - MWCNT – super-strong/ electrical/thermal conductivity - CNF – compressive strength/ electrical/thermal conductivity - Hydrogen

Pyrolysis Project SummaryPyrolysis Project Summary

January 2011

Production of HProduction of H22 and Carbon Nanotubes from CH and Carbon Nanotubes from CH44

Apr 18, 2023

TEM image of MWCNT produced at Hythane Co in Denver

January 2011

Commercial Scale Reactor Operational Commercial Scale Reactor Operational

January 2011

Commercial Scale Reactor Operational Commercial Scale Reactor Operational

January 2011

Commercial Scale Reactor Operational Commercial Scale Reactor Operational

January 2011

Eden MWNT Catalyst YieldEden MWNT Catalyst Yield(Shown in grams carbon per grams catalyst)

January 2011

• Current- estimated at approx 2000 tpa - Largest producer- 500tpa - 3 producers – 200 tpa each - Rapidly expanding market • Many new emerging applications - Structural (composite materials/ concrete/ tyres) - Electrical ( conduction and storage)• Compounding growth estimated at more than 11%pa

CNT Market Projected GrowthCNT Market Projected Growth

January 2011

• 30 tpa unit operational August 2011 • Full scale commercial unit (100-250tpa) by Oct 2011• Produces MWCNT/ CNF for following target markets: - Concrete / Composite plastics - compressive/tensile strength/electrical and thermal qualities - Electrical Applications - batteries, electronic paper, conductive paint and coatings - Tyre manufacturing - to extend life of tyres and reduce weight

Eden's Targets for 2011 Eden's Targets for 2011

January 2011

MWNT Current US Market PricesMWNT Current US Market Prices(20-30nm diameter, >85% wt. purity)

Prices are anticipated to drop with increasing order size and increasing supply

January 2011

• Existing Sales of CNF and MWCNT achieved

- for batteries and electronic paper

• Distributors marketing Eden's MWCNT in bulk quantities

• Development of additional applications being undertaken:

- Concrete / Composite plastics

- for compressive strength and electrical and thermal qualities

- Tyre manufacturing

- to extend life of tyres and reduce weight

Commercialisation of Nano-carbon fibresCommercialisation of Nano-carbon fibres

January 2011

January 2011

Hythane ® - the transitional fuelHythane ® - the transitional fuel

• Premium blend of Natural Gas

- 5-7% H2 (by energy); 20% H2 (by volume)

• Ultra-low emissions – 50% NOx /CO - Euro V emission standards

• High efficiency - 10-15% increase in efficiency with suitable engines

• Low engine cost -only software changes to suitable engines

• Anticipated Hythane® sale price ≈ 10% more than natural gas

• Tested over 15 years – adopted in Indian Hydrogen Roadmap

Apr 18, 2023 17

H2 + CH4 Hythane

Significantly lower pollution / Higher efficiency

January 2011

Denver Hythane® Emissions ResultsDenver Hythane® Emissions Results

Apr 18, 2023 18

THC CO NOx

0

0.5

1

1.5

2

2.5

3

NG HY NG HYNG HYHO

T 5

05 E

MIS

SIO

NS,

GR

AM

S/M

I.

Output of pollutants (grams per mile) of Natural Gas versus Hythane®. Source: Colorado Department of Health

January 2011

• Extreme air pollution – Govt push to reduce pollution

• 2006 Indian hydrogen roadmap - proposes HCNG as transitional fuel

• Cost of natural gas – <60% cheaper (per GGE) than diesel Increasing supply – 5Mtpa to 25Mtpa over 5 years National rollout of pipelines and Gas distribution networks • 2009 First Public Hythane® station – Delhi - built by Eden

Apr 18, 2023 19

History of Hythane® in IndiaHistory of Hythane® in India

January 2011

First Indian Hythane® Station First Indian Hythane® Station Delhi January 2009

Apr 18, 2023 20

January 2011

LNG

Existing

Transmission Pipelines

Existing

Upcoming

GAIL’s Planned PipelineRIL’s East West PipelineRIL’s Planned PipelineGSPC’s Planned Pipeline

City Gas/ CNGExistingPlannedLNG Terminal

INTEGRATED GRID TO LINK ANY SOURCE TO ANY MARKET

JAGDISHPUR

PHOOLPUR

BHATINDA

BAREILLY

DISPUR

DELHI

AGARTALA

BARODA

LUCKNOW

PATNA

AHMEDABAD

RAJKOT

KOTA

MATHANIA

GWALIOR

UJJAIN

AGRA

KOLKATA

GAYA

BOKARO

VARANASIJHANSI

DAHEJ I & II10 mmtpa*

HAZIRA2.5 mmtpa

COIMBTORE

MANGLORE

MUMBAIBHUBANESHWAR

KRISHNAPATNAM

NELLORE

CHENNAI

TUTICORIN

TIRUCHCHIRAPALLI

HASANBANGLORE

KOLHAPUR

SOLAPURKAKINADA

VIJAYAWADA

DAMRA

DABHOL5 mmtpa

KANJIKKOD

AURAIYA

Iran-Pak-India Pipeline

Turk-Afg-Pak-India Pipeline

GOA

CUTTACK

VIJAYPUR

KANPUR

NANGAL

GURGAUN

PUNE

BHARUCH

SURAT

HYDERABAD

RAJAMUNDRY

BHOPAL

KOCHI5 mmtpa

ENNORE2.5 mmtpa

BARMER

MANGALORE2.5 mmtpa

INDIAN GAS INFRASTRUCTURE CURRENT & FUTURE

Courtesy of Gas Authority of India

January 2011

• 2011 Hythane® demonstration planned – Mumbai or Gujarat

- some delay but project still looks likely

• Objective- to establish economics of a commercial Hythane®

• Agreements signed with GSPC and GAIL, MGL• Initially 2 buses planned and expanding to 70-90 buses

• Duration- 18-24 months – then planned commercial rollout

• Potential - up to 500,000 buses over 5-10 years

• Total Market - Buses, trucks, cars, auto rickshaws, locomotives

-

Apr 18, 2023 22

Future of Hythane® in IndiaFuture of Hythane® in India

Hythane® Economics and Revenue ModelHythane® Economics and Revenue Model Economics• Hythane® production costs- approx 4-6% more than natural gas • Increased efficiency in Hythane® engines ( 6.5%-15% targeted) • Marginal increase in cost of vehicles- software change only• New pyrolysis process -cheaper hydrogen and Hythane® possible

Eden's projected revenue sources• Sale or lease of stations and/or equipment • Sale of fuel from station (solely owned or JV• Engine conversions and royalties • Possible carbon credits – approx 15 tonnes/year CO2 savings per bus

January 2011

OptiBlend Dual Fuel SystemOptiBlend Dual Fuel System• Displaces up to 70% of diesel with natural gas in diesel engines

• Indian market – hundreds of thousands of gensets / locomotives

• Huge cost savings

• Dramatic cost savings in full and part time applications

• Payback period less than 12 months for larger gensets

• First sales of Indian and US kits – expanding with gas supplies

• Eden India cash flow positive

• Target to make Eden cash flow positive within 18 months

Apr 18, 2023January 2011

OptiBlend- Indian Installation OptiBlend- Indian Installation

Apr 18, 2023January 2011

OptiBlend-Typical Power Production CostsOptiBlend-Typical Power Production Costs

Assumptions: Diesel = $1.25/liter, Natural Gas = $10 mmbtu, Cummins K19 Genset

Apr 18, 2023January 2011

January 2011

Energy Assets Energy Assets

50% Joint venture (with Coastal Oil and Gas) -17 Licences - 100% - 3 licences

Apr 18, 2023 27

COAL BED METHANE/ CONVENTIONAL/ SHALE GAS (WALES, UK)

January 2011

UK Gas Asset OverviewUK Gas Asset Overview• Spinout underway – ASX IPO - Adamo Energy Ltd – proposed $11m raising when appropriate

• Large UK landholding – 50% interest in 17 licences/ 100% in 3 Licences

– 2,100km2 (510,000 acres) gross approx-– South Wales, Bristol and Kent

• Shale Gas Resource (Source: RPS Dallas independent expert report)

– GIIP P50 = 49.8 tcf (Gross) : Eden 24.9 tcf (Net)

– Prospective Recoverable Resource P50 = 18.3 tcf (Gross) : Eden 9.2 tcf (net)

• CBM Resource (Source: RISC independent expert report)

– Prospective Resource P50 = 3.1 tcf (Gross) : Eden 1.4 tcf (net)

– Contingent Resource South Wales 2C = 980 bcf (Gross) : Adamo 332 bcf (net)

Apr 18, 2023 28

Tcf (net Eden) GIIP (P50)

2C 3C Prospective Resource (P50)

CBM 3.2 0.3 0.5 1.4

Shale Gas 24.9 9.2

Board & Management TeamBoard & Management TeamSimon Gorringe – Technical Director (UK)• Chemical engineer with 30+ years in upstream and

downstream oil & gas industry• Senior technical and management roles including BG Group,

BHP Petroleum, Conoco etc • Current Exec director CH+ (UK)

Christopher Newport – Commercial Director • Chartered Accountant with25 years experience in oil and gas

projects• Senior commercial and management roles including Santos,

BHP Petroleum, Delhi petroleum• Current commercial director CH+ (UK)

Greg Solomon – Executive Director (Australia)• Solicitor with 30+ years experience in a wide range of areas

including mining and energy law, commercial negotiation and corporate law

• He has held numerous directorships of various Australian public companies since 1984 including several resources and technology companies

Other Technical Support- CH+Dr Tim Dibb - Geology/ Geophysics ManagerTrevor Ridley - Petroleum EngineeringDarrell Girgent i- Drilling ManagerDr Scott McKelvie - OHS/ Environmental

Aaron Gates – Chief Financial Officer• Chartered Accountant and Chartered Secretary• CFO of a number of listed ASX companies • Manager at Grant Thornton working in audit and

corporate finance

[Non-executive Chairman]• To be appointed

Apr 18, 2023 30

UK Gas MarketUK Gas Market

• Major customers situated on gas licences in South Wales (steel mill, paper mill, insulation factory)

• Milford Haven LNG terminal and major pipeline and energy network nearby

June 2011 National Balancing Point (NBP) gas price of ₤0.59/therm (US$9.50 / mmbtu; A$9.50 / GJ)

Price volatility strongly tied to seasonal demand shifts, supply fluctuations and storage capacity constraints

North Sea in decline

UK is net importer of petroleum with growing dependence on imported gas (Qatar & Russia

Dart Energy’s view on UK marketDart Energy’s view on UK market

Dart acquired Composite Energy in Feb 2011 & has a portfolio of 14 licences in the UK

Apr 18, 2023 32

Capital Structure 19 October 2011Capital Structure 19 October 2011

ASX Code: EDE

Total Shares: 240m

Share Price: $0.062

Market Capitalisation $14.88m

Cash and Receivables $1.1m

Greg SolomonExecutive Chairman

Level 40, Exchange Plaza,2 The Esplanade,

Perth, Western Australia,Australia. 6000

Telephone +618 9282 5889Mobile +614 0206 0000

Fax +618 9282 5866Email [email protected]

Website: www.edenenergy.com.au

January 2011

Disclaimer – Forward-looking Statements and ProjectionsWhilst reasonable care has been taken in compiling the forward projections in this presentation, they necessarily are based on many assumptions and factors that are beyond the control of the company and accordingly there is no representation or warranty given that these projections will be achieved. There are many uncertain market and exploration risk factors on all the projects, particularly related to new markets and products such as carbon nanotubes and fibres and energy projects including the coal bed methane, shale gas, natural gas and geothermal projects, all of which are at very early stages of development. On the technology projects, the risks are varied, including risk that patent applications will not be granted, or another party may claim priority or that other methods of producing better and cheaper alternative products will be developed and that projected prices will not be achievable. In the Indian market, there are many risks which are beyond the control of the company and which could significantly impact on both the prices that are achieved , the sales turnover and the production and operating costs. These risks include delays in the availability of the Natural Gas in India, increases in the price of Natural Gas, reduction in the price of alternate fuels such as diesel, changes in Indian Government or Indian Supreme Court policies and rulings, market competition, shortages and cost increases in raw materials and labour, political or economic instability, problems with reliability of equipment produced and sold, warranty claims, currency fluctuations, restrictions on foreign investment, disputes with potential joint venturers, market resistance to the products or services offered, lack of available capital or finance, restrictions on international travel and similar factors beyond the control of the company. For these reasons, all potential investors and others must satisfy themselves on the reliability of these forward looking projections before acting upon any information provided to them in relation to forward looking projections, and neither the company nor any of its officers make any representations, warranties or commitments that these or any other forward projections will necessarily be achieved.

Apr 18, 2023 34