EDEN INNOVATIONS LTD — AGM Information 2013

Nov 28, 2013

==> picture [721 x 59] intentionally omitted <==

==> picture [226 x 124] intentionally omitted <==

AGM Presentation 29 November 2013

Greg Solomon Chairman

==> picture [721 x 59] intentionally omitted <==

Corporate Details*

ASX Code: EDE Total Shares: 759m Share Price: $0.017 – historical high of $0.84 Market Capitalisation $11.4m – historical high of <$80m Cash and Receivables $1.1 Cash flow - increasing from US/Indian Optiblend sale Conditional contract to sell UK Gas Assets for≈ A$19.3million

$0.017 – historical high of $0.84 $11.4m – historical high of <$80m

*** As at 27 November 2013**

November 2013

==> picture [721 x 59] intentionally omitted <==

Corporate Structure

==> picture [555 x 290] intentionally omitted <==

----- Start of picture text -----

Eden Energy Ltd
(AUSTRALIA)
Clean Energy Projects Energy Projects
Coal Bed
Natural Gas
Hythane Methane/ South Australia
Company LLC India Pvt LtdEden Energy And Carbon Pyrolysis Shale Gas (AUS)
(USA) (Wales, UK) 100%
(India) Technology
100% 50%/100%
100% 100% (Suspended)
----- End of picture text -----

November 2013

Clean Energy Projects

==> picture [96 x 53] intentionally omitted <==

• Pyrolysis Project - Carbon and Hydrogen Produced no CO² - Multi Walled Carbon Nanotubes (MWCNT)

• Carbon Nanofibres (CNF)

• OptiBlend® Dual Fuel – USA/ India/ Bangladesh/ S.America

  • Total sales to date >70 units (≈ $2million)

  • Sales increasing in USA

  • Sept Quarter 2013 - 21 units sold – ($590,000 approx)

• Hythane® - India and US

  • plan to use hydrogen from pyrolysis project

November 2013

Energy Projects

==> picture [96 x 53] intentionally omitted <==

UK

Coal Bed Methane JV-50% (1900km2) Shale Gas JV-50% (1900km2)

Conditional contract to sell for cash and shares- ≈ $19.3 million

AUSTRALIA SA Natural Gas 100% - Untested target (100km x10km) -Obligations suspended for 12 months

November 2013

==> picture [96 x 53] intentionally omitted <==

– Eden 100% Pyrolysis Project

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

• New process developed with UQ

• Patents in 8 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

• uses in concrete and polymers

• Scale -up by Eden in US completed

• Commercial prototype is operational in US

November 2013

==> picture [96 x 53] intentionally omitted <==

Pyrolysis Project Eden Energy CNT/ CNF Production

==> picture [637 x 402] intentionally omitted <==

----- Start of picture text -----

Hydrogen Product
Catalyst Feed Reactor
Natural Gas Supply Hydrogen
CH4 Carbon
CNT’s
Inert
Gas
Carbon Product
----- End of picture text -----

Pyrolysis Project

==> picture [96 x 53] intentionally omitted <==

Production of H2 and Carbon Nanotubes from CH4

==> picture [464 x 295] intentionally omitted <==

TEM image of MWCNT produced at Hythane Co in Denver

November 2013

Pyrolysis Project

==> picture [96 x 53] intentionally omitted <==

Commercial Scale Reactor Operational

November 2013

Pyrolysis Project

==> picture [96 x 53] intentionally omitted <==

==> picture [548 x 397] intentionally omitted <==

----- Start of picture text -----

Eden MWNT Catalyst Yield
(Shown in grams carbon per grams catalyst)
----- End of picture text -----

November 2013

Pyrolysis Project

==> picture [96 x 53] intentionally omitted <==

Eden's Current Capability and Targets

• Commercial scale unit (40-250tpa) operational since Oct 2011

• Produces MWCNT/ CNF

• Target markets

Concrete - compressive/tensile strength/electrical thermal qualities conductivities - 2 R&D Projects with US and Aust universities commencing

Composite plastics – strength/conductivity - R&D with Aust university commenced

Electrical Applications

• batteries, electronic paper, conductive paint and coatings

November 2013

OptiBlend Dual Fuel System

==> picture [96 x 53] intentionally omitted <==

• Displaces up to 70% of diesel with natural gas in diesel engines

• Large US market- shale oil/ gas exploration and back-up power

• 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

• 21 units sold in September quarter - approx value $590,000

• Anticipated increasing sales for remainder of 2013-2014

• Target to make Eden cash flow positive within 18 months

November 2013

OptiBlend- Indian

==> picture [96 x 53] intentionally omitted <==

==> picture [505 x 395] intentionally omitted <==

----- Start of picture text -----

Installation
----- End of picture text -----

November 2013

OptiBlendDual Fuel System

==> picture [96 x 53] intentionally omitted <==

Typical Power Production Costs

==> picture [619 x 86] intentionally omitted <==

==> picture [619 x 85] intentionally omitted <==

==> picture [619 x 86] intentionally omitted <==

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

November 2013

Hythane ®

==> picture [96 x 53] intentionally omitted <==

Hythane ® - the transitional fuel H � 2 + CH4 Significantly lower pollution / Higher efficiency Hythane

• Premium blend of Natural Gas

• 5-7% H 2 (by energy); 20% H2 (by volume)

• Ultra-low emissions – 50% NOx /CO - approx 15 tonnes/year CO2 savings per bus

• 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

November 2013

15

Hythane ®

==> picture [96 x 53] intentionally omitted <==

Hythane® 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

November 2013

Hythane ®

==> picture [96 x 53] intentionally omitted <==

Hythane® in India

• Extreme air pollution – Govt push to reduce pollution

• 2006 Indian hydrogen roadmap - proposes HCNG as transitional fuel

• Cost of natural gas – historically cheaper (per GGE) than diesel

• Increasing supply of natural gas

• National rollout of pipelines and Gas distribution networks

• ®

• 2009 First Public Hythane station – Delhi - built by Eden

• 2011- 2013- Delays in projects but continuing Government support

• Target- to promote Hythane ® when low cost hydrogen available from pyrolysis

November 2013

17

Hythane ®

==> picture [96 x 53] intentionally omitted <==

First Indian Hythane® Station Delhi January 2009

==> picture [427 x 319] intentionally omitted <==

==> picture [223 x 319] intentionally omitted <==

November 2013

18

UK Energy Project

==> picture [96 x 53] intentionally omitted <==

COAL BED METHANE/ CONVENTIONAL/ SHALE GAS (WALES, UK) 50% Joint venture (with Coastal Oil and Gas) -17 Licences - 100% - 3 licences

==> picture [534 x 326] intentionally omitted <==

November 2013

19

UK Gas Asset Overview

==> picture [96 x 53] intentionally omitted <==

• Conditional contract to sell for cash and shares worth approx A$19.3 million

• Large UK landholding – 50% interest in 17 licences/ 100% in 1 Licence

• 1,900km2 (500,000 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)

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

November 2013

20

UK Gas Market

==> picture [96 x 53] intentionally omitted <==

Price volatility tied to seasonal demand shifts, supply fluctuations and storage capacity constraints- North Sea in decline

UK - net importer of petroleum/gas- growing dependence -Qatar & Russia UK Govt Reports support shale gas exploration and fracking

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

==> picture [494 x 115] intentionally omitted <==

==> picture [494 x 116] intentionally omitted <==

Milford Haven LNG terminal and major pipeline and energy network nearby

November 2013

==> picture [721 x 59] intentionally omitted <==

==> picture [226 x 124] intentionally omitted <==

Greg Solomon Executive Chairman Level 15, 197 St Georges Terrace, Perth, Western Australia, Australia. 6000 Telephone +618 9282 5889 Mobile +614 0206 0000 Fax +618 9282 5866 Email gsolomon@edenenergy.com.au Website: www.edenenergy.com.au

==> picture [721 x 59] intentionally omitted <==

Disclaimer – Forward-looking Statements and Projections

Whilst 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.

November 2013

23