Triple  Energy  Ltd  

 

www.tripleenergy.net  Shareholders Meeting – 24 April 2015 F

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 All  statements,  other  than  statements  of  historical  fact,  contained  in  this  presenta7on  cons7tute  “forward-­‐looking  statements”  and  are  based  on  the  reasonable  expecta7ons,  es7mates  and  projec7ons  of  the  Company  as  of  the  date  of  this  presenta7on.  Forward-­‐looking  statements  include,  without  limita7on,  possible  events,  trends  and  opportuni7es  and  statements  with  respect  to  possible  events,  trends  and  opportuni7es,  including  with  respect  to,  among  other  things,  global  market  trends,  expected  industry  demands,  the  Company’s  business  strategy  and  investment  criteria,  the  nature  of  poten7al  business  acquisi7ons,  costs  and  7ming  of  business  acquisi7ons,  capital  expenditures,  successful  development  of  poten7al  acquisi7ons,  currency  fluctua7ons,  government  regula7on  and  environmental  regula7on.  The  words  “poten7al,”  “possible”,  “probable,”  “plans,”  “expects,”  or  “does  not  expect,”  “is  expected,”  “budget,”  “scheduled,”  “es7mates,”  “forecasts,”  “intends,”  “an7cipates,”  or  “does  not  an7cipate,”  or  “believes,”  or  varia7ons  of  such  words  and  phrases  or  statements  that  certain  ac7ons,  events  or  results  “may,”  “could,”  “would,”  “might,”  or  “will  be  taken,”“occur”  or  “be  achieved”  and  similar  expressions  iden7fy  forward-­‐looking  statements.  Forward-­‐looking  statements  are  necessarily  based  upon  a  number  of  es7mates  and  assump7ons  that,  while  considered  reasonable  by  the  company  as  of  the  date  of  such  statements,  are  inherently  subject  to  significant  business,  economic  and  compe77ve  uncertain7es  and  con7ngencies.  The  es7mates  and  assump7ons  contained  in  this  presenta7on,  which  may  prove  to  be  incorrect,  include,  but  are  not  limited  to,  the  various  assump7ons  of  the  company  set  forth  herein.  Known  and  unknown  factors  could  cause  actual  results  to  differ  materially  from  those  projected  in  the  forward-­‐looking  statements.  Such  factors  include,  but  are  not  limited  to  fluctua7ons  in  global  supply  and  demand,  changes  in  compe77ve  pressures,  including  pricing  pressures,  7ming  and  amount  of  capital  expenditures,  changes  in  capital  markets  and  corresponding  effects  on  the  company’s  investments,  changes  in  currency  and  exchange  rates,  unexpected  geological  or  environmental  condi7ons,  changes  in  and  the  effects  of,  government  legisla7on,  taxa7on,  controls  and  regula7ons  and  poli7cal  or  economic  developments  in  jurisdic7ons  in  which  the  Company  carries  on  its  business  or  expects  to  do  business,  success  in  retaining  or  recrui7ng  officers  and  directors  for  the  future  success  of  the  Company’s  business,  officers  and  directors  alloca7ng  their  7me  to  other  ventures;  success  in  obtaining  any  required  addi7onal  financing  to  make  target  acquisi7on  or  develop  an  acquired  business;  employee  rela7ons,  and  risks  associated  with  obtaining  any  necessary  licenses  or  permits.  Many  of  these  uncertain7es  and  con7ngencies  can  affect  the  Company’s  actual  results  and  could  cause  actual  results  to  differ  materially  from  those  expressed  or  implied  in  any  forward-­‐looking  statements  made  by,  or  on  behalf  of,  the  Company.  There  can  be  no  assurance  that  forward-­‐looking  statements  will  prove  to  be  accurate,  as  actual  results  and  future  events  could  differ  materially  from  those  an7cipated  in  such  statements.  All  of  the  forward-­‐looking  statements  made  in  this  presenta7on  are  qualified  by  these  cau7onary  statements.  These  factors  are  not  intended  to  represent  a  complete  list  of  the  factors  that  could  affect  the  Company.  The  Company  disclaims  any  inten7on  or  obliga7on  to  update  or  revise  any  forward-­‐looking  statements  whether  as  a  result  of  new  informa7on,  future  events  or  otherwise,  or  to  explain  any  material  difference  between  subsequent  actual  events  and  such  forward-­‐looking  statements,  except  to  the  extent  required  by  applicable  law.  The  forward-­‐looking  statements  set  forth  herein  are  for  the  purposes  of  providing  poten7al  investors  with  informa7on  concerning  the  Company’s  future  business  plans  in  order  to  assist  poten7al  investors  in  determining  whether  or  not  to  invest  in  subscrip7on  receipts  of  the  Company  and  may  not  be  appropriate  for  other  purposes.  The  reader  is  cau7oned  not  to  place  undue  reliance  on  forward-­‐looking  statements.    

Disclaimer

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Project  

•  Coal  Mine  Gas  Extrac7on  acreage  in  China  up  to  ~  2,700km2  –  over  four  areas    

•  80%  profit  interest  in  Coopera7ve  Joint  Venture  (“JV”)  •  JV  with  one  of  China’s  largest  coal  miners,  LongMay  (Gov’t  owned)    

•  1    x  well  drilled  July  2013  –  well  intersected  63m  of  coal  seams  with  gas,  DST  was  successful  

•  2  x  addi7onal  wells  in  planning  for  Q2  2015  –    desorp7on  coring,  fraccing  &  pilot  produc7on  tes7ng    

Triple Energy Overview

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Capital  Structure  

Shares  on  issue  -­‐  now   ~793m  

Shares  to  be  on  issue  post  BSP  transac7on  (including  drilling  services   ~1,837m  

BSP  holding  of  TNP  –  post  approval  BSP  transac7on    and  subject  to  issue  of  all  Performance  Shares.   ~57%  

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Escrow  Date   Escrowed   Total  

Shares  on  issue  before  24  April  2015  mee7ng   793m  

Shares  placed  to  Blue  Sky  before  mee7ng  at  $0.005  (19.9%)   9  Dec  2015   158.0m   158.0m  

Shares  to  be  placed  to  Blue  Sky  aier  this  mee7ng  at  $0.006   Tradable   208.3m  

Performance  Shares  to  be  issued  for  drilling  2  x  wells   12  months  from  comple7on  of  drilling  services  

595.2m   595.2m  

Conversion  of  loan  to  CFT  for  drilling  prepara7ons   Tradable   83.3m  

TOTAL   753.2   1,837.8m  

Structure  of  Blue  Sky  Shares  

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Board – Post Shareholders Meeting

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• Chairman  Blue  Sky  Power  (6828  HK)  • CEO  of  New  Times  Energy  

Tommy  Cheng  Non-­‐Execu7ve  Chairman  

• Chartered  Accountant,  founder  of  Tap  Oil,  30  years  in  oil  and  gas  explora7on  and  produc7on    

Paul  Underwood      Managing  Director/CEO    

• Chartered  Accountant,  Director  of  Afan7  asset  Management  Hong  Kong,  ex  Price  Waterhouse,  Sydney  

Po  (Paul)  Chan  Execu7ve  Director  

• Co  founder  of  Finance  &  Systems  Technology  (FAST)  and  Select  Mortgage  Services  

Garry  Ralston    Non-­‐Execu7ve  Director  

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Blue  Sky  Power  Ltd  (HKSE  6828)  ~  54%  of  TNP  

Triple  Energy  Ltd  (ASX  TNP)  

100%  of  CFT  HK  

CFT  Heilongjiang  HK  Ltd  

80%  Profit  Interest  in  Aolong  JV  

Aolong  Joint  Venture  -­‐  China  

Group  OrganisaQon  Chart  

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• Blue  Sky  Power  Group  (“BSP”)  is  inves7ng  ~  A$6m  in  TNP  – Placements  of  ~A$2m  

– Conver7ble  loan  of  A$500k  – Drilling  services  –  2  x  wells  at  a  cost  of  ~A$3.5m  

•  Payable  in  Performance  Shares  in  TNP  

– $750k  preferen7al  alloca7on  to  exis7ng  shareholders  

• BSP  business  model  ver7cally  integrated  gas  business  in  China  –   Gas  produc7on  via  TNP  and  sales/distribu7on  via  BSP  

Blue  Sky  Power  Group  InvesQng  in  TNP  

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• Blue  Sky  Power  (“BSP”)  listed  on  Hong  Kong  and  Singapore  Stock  Exchanges  – Capitalised  at  ~  A$400m  on  HKSE  (“HKSE  lis7ng  code  6828”)  

•   BSP  has  a  strategy  for  gas  distribu7on/sales  in  China  – Has  recently  acquired  numerous  gas  distribu7on  assets  in  China  

• BSP  Chairman,  Tommy  Cheng  is  also  Chairman  of  TNP    

• BSP  has  many  contacts  and  rela7onships  in  China  – More  gas  asset  acquisi7ons  are  under  discussion  

• BSP  is  considering  dual  lis7ng  of  TNP  in  Hong  Kong  –  subject  to  TNP  mee7ng  necessary  qualifica7ons  

About  Blue  Sky  Power  Holdings  Ltd  (HKSE  “6828”)  

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Blue  Sky  Power  Holdings  Projects  in  China  

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Heilongjiang Coal Mine License Areas

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Up  to  2,700km2    acreage  1.   Hegang  mines  2.  Shuan  Ya  Shan  mines  3.  Qi  Tai  He  mines  4.  Ji  Xi  mines    

HEILONGJIANG

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• Drill 2nd well in Hegang Area - acquire core, desorp analysis fracc

• Drill 3rd well in Hegang Area - acquire core, desorp analysis, fracc

• Establish pilot gas production (6 months) from both new wells

• Commence work to calculate contingent resources/reserves

• Evaluate other areas in Aolong JV  

Work Programme – Q2/3 - 2015

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• Funding  now  resolved  • First  well  proved  movable  gas  and  very  thick  coal  seams  

–   Next  wells’  objec7ves  =  prove  commerciality  

• 2  x  wells  will  be  drilled  and  produc7on  tested    in  Q2-­‐3  this  year  • Huge  scalability  with  Aolong  JV  acreage  •   BSP  as  parent…  likely  to  bring  new  deal  flow  

Share  Price  Catalysts  

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www.tripleenergy.net  

Head  Office  –  Perth  Paul  Underwood  Spectrum  100  Building  Ground  Floor,  Unit  6,  100  Railway  Road  Subiaco  WA  6008  PERTH  WESTERN  AUSTRALIA  Phone  +61  8  9382  2322  underwoodpw@tripleenergy.net    

Beijing  Office  Level  5,  unit  503,  Lido  Office  Tower,  Lido  Place  No  6  Jiangtai  Road  Chaoyang  District  Beijing  100004    

Contact Details

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