ANNUAL GENERAL MEETINGANNUAL GENERAL MEETINGANNUAL GENERAL MEETINGANNUAL GENERAL MEETING

31 October 201131 October 2011

Greg SolomonChairmanF

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Corporate StructureCorporate Structure

Eden Energy Ltd (AUSTRALIA)

Clean Energy Energy Production

January 2011October 11 2

Eden Energy

India Pvt Ltd

(India)

100%

Pyrolysis

and Gas to

Liquids

Technology

100%

Clean Energy Energy Production

Coal Bed

Methane/Shale

Gas

(Wales, UK)

50%/100%

(IPO planned)

Natural Gas

South Australia

(AUS)

100%

(Suspended)

Terratherma

(Geothermal)

South Australia

(AUS)

100%

(Suspended)

Hythane

Company

LLC

(USA)

100%

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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)

January 2011

- Carbon Nanofibres (CNF)

• Hythane®- India and US

• OptiBlend® Dual Fuel - India and US

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Current Energy Projects Current Energy Projects

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

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

Conventional

January 2011

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

- 100% -Obligations suspended for 12 months

SA Geothermal - 100% -Obligations suspended 12 months

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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

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

January 2011

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 USFor

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Eden Energy CNT/ CNF ProductionEden Energy CNT/ CNF Production

Hydrogen

Carbon

Natural Gas Supply

Catalyst Feed Reactor

Hydrogen Product

Carbon

Inert Gas

CNT’s

Carbon Product

CH4

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• 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

Pyrolysis Project SummaryPyrolysis Project Summary

• Products – (from natural gas with catalyst)

- MWCNT – super-strong/ electrical/thermal conductivity

- CNF – compressive strength/ electrical/thermal conductivity

- Hydrogen

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

October 11

TEM image of MWCNT produced at Hythane Co in Denver

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Commercial Scale Reactor Operational Commercial Scale Reactor Operational

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Commercial Scale Reactor Operational Commercial Scale Reactor Operational

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Commercial Scale Reactor Operational Commercial Scale Reactor Operational

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

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• Current- estimated at approx 2000 tpa

- Largest producer- 500tpa

- 3 producers – 200 tpa each

- Rapidly expanding market

CNT Market Projected GrowthCNT Market Projected Growth

- Rapidly expanding market

• Many new emerging applications

- Structural (composite materials/ concrete/ tyres)

- Electrical ( conduction and storage)

• Compounding growth estimated at more than 11%pa

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• 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

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

- 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

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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

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• 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:

CommercialisationCommercialisation of Nanoof Nano--carbon fibrescarbon fibres

• 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

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Hythane ® Hythane ® -- the transitional fuelthe 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

H2 + CH4 ����

HythaneSignificantly lower pollution / Higher efficiency

January 2011

• 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

October 11 17

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Denver Hythane® Emissions ResultsDenver Hythane® Emissions Results

2

2.5

3

HOT 505 EMISSIONS, GRAMS/MI.

January 2011October 11 18

THC CO NOx

0

0.5

1

1.5

NG HY NG HYNG HYHOT 505 EMISSIONS, GRAMS/MI.

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

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• 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

History of Hythane® in IndiaHistory of Hythane® in India

January 2011

• 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

October 11 19

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

January 2011October 11 20

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LNG

JAGDISHPUR

PHOOLPUR

BHATINDA

BAREILLY

DISPUR

DELHI

AGARTALA

LUCKNOW

PATNA

KOTA

MATHANIA

GWALIOR

UJJAIN

AGRA

GAYAVARANASI

JHANSI

DAHEJ I & II

10 mmtpa*

AURAIYA

VIJAYPUR

KANPUR

NANGAL

GURGAUN

BARMER

INDIAN GAS INFRASTRUCTURE

CURRENT & FUTURE

Courtesy of Gas Authority of India

January 2011

LNG

Existing

Transmission Pipelines

Existing

Upcoming

GAIL’s Planned Pipeline

RIL’s East West Pipeline

RIL’s Planned Pipeline

GSPC’s Planned Pipeline

City Gas/ CNG

Existing

Planned

LNG Terminal

INTEGRATED GRID TO LINK ANY SOURCE TO ANY MARKET

BARODA

AHMEDABAD

RAJKOTUJJAIN

KOLKATA

BOKARO

HAZIRA

2.5 mmtpa

COIMBTORE

MANGLORE

MUMBAIBHUBANESHWAR

KRISHNAPATNAM

NELLORE

CHENNAI

TUTICORIN

TIRUCHCHIRAPALLI

HASANBANGLORE

KOLHAPUR

SOLAPURKAKINADA

VIJAYAWADA

DAMRA

DABHOL

5 mmtpa

KANJIKKOD

GOA

CUTTACK

VIJAYPUR

PUNE

BHARUCH

SURAT

HYDERABAD

RAJAMUNDRY

BHOPAL

KOCHI

5 mmtpa

ENNORE

2.5 mmtpaMANGALORE

2.5 mmtpaFor

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• 2011 Hythane® demonstration planned – Mumbai or Gujarat

- some delay but project still looks likely

• Objective- to establish economics of a commercial Hythane®

Future of Hythane® in IndiaFuture of Hythane® in India

January 2011

• 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

October 11 22

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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• 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 busJanuary 2011

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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

October 11January 2011

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OptiBlendOptiBlend-- Indian Installation Indian Installation

October 11January 2011

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OptiBlendOptiBlend--Typical Power Production CostsTypical Power Production Costs

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

October 11January 2011

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Energy Assets Energy Assets

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

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

January 2011October 11 27

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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)

January 2011

• 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)

October 11 28

Tcf (net Eden) GIIP (P50)

2C 3C Prospective

Resource (P50)

CBM 3.2 0.3 0.5 1.4

Shale Gas 24.9 9.2For

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Management TeamManagement TeamSimon Gorringe – Technical Manager (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

Other Technical Support- CH+

Dr Tim Dibb - Geology/ Geophysics Manager

Trevor Ridley - Petroleum Engineering

Darrell Girgent i- Drilling Manager

Dr Scott McKelvie - OHS/ Environmental

[Christopher Newport – Commercial

Support

• Chartered Accountant -25 years experience in

oil and gas

• Senior commercial and management roles

including Santos, BHP Petroleum, Delhi

petroleum

• Current commercial director CH+ (UK)

[

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UK Gas MarketUK Gas MarketJune 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

October 11 30

• 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

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

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Capital Structure 31 October 2011Capital Structure 31 October 2011

ASX Code: EDE

Total Shares: 240m

Share Price: $0.062

October 11 31

Share Price: $0.062

Market Capitalisation $14.88m

Cash and Receivables $1.1m

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Greg SolomonGreg 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 gsolomon@edenenergy.com.au

Website: www.edenenergy.com.auFor

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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

January 2011

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.

October 11 33

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