Falcon Oil Share Price (FOG)

new - What's the betting we see these gas assets in the NT being developed and being underwritten by the Aussie taxpayer...though I am not sure how that would work. Morrison seems determined to provide State support to Beetaloo and other NT gas assets (pipelines, infrastructure, tax benefits, less restrictive legislation etc)

we await developments

Thanks schlemiel, I am not sure if anyone will be able to get some feedback from this presentation by Stephanie Stoner from Origin, but if at all possible -- this should be our best indication on exactly when Origin is aiming for a restart on the frack at the Kyalla 117.

The good news is -- it must be coming fairly soon -- otherwise I don't think Stephanie would be presenting at this point in time. I have submitted a couple of questions regarding when the frack crew from Schlumberger will be allowed back on site, and when she might expect the frack sequence to be completed -- just in case we are able to get some feedback on this presentation.

We don't need to see much more than one million cu. ft. per day of dry gas from the 1.5 km long Kyalla 117 horizontal, but we do need to see at least 30 to 45 barrels of liquid along with that dry gas in order to see some real momentum on Falcon's stock price. This would go a long ways to improving the commercial viability of the Beetaloo, and help confirm there is more than the B shale (and possibly C shale) in the Velkerri as multiple stacked plays -- which also enhances the commercial aspects of this play.

https://energyclubnt.com.au/event-3850319

Virtual Information Session: Origin Energy

05 Jun 2020 - 3:00 PM - 4:00 PM
Location - Online Zoom Meeting

Join us for an update on Origin’s Beetaloo Exploration Project from Stephanie Stonier. Stephanie is Origin’s Corporate Affairs Manager for Northern Australia and has been working in the Northern Territory and with the project since 2014.

Stephanie is also the elected Chairperson of the APPEA NT Steering Committee and Working Group.

Stephanie is keen to make the Energy Club event as interactive and informative as possible, so please send through your questions and topics of interest by close of business Wednesday 3 June so we can tailor make an informative session for your benefit.

If you wish to submit a question to be considered please send directly to sonia.harvey@energyclubnt.com.au

Energy Club NT members: Free

"Engendering most debate in the draft report from the National COVID-19 Coordination Commission's manufacturing taskforce is the $4 a gigajoule price target for gas delivered to manufacturers on the east coast."

"The gas belongs to, and should be managed to the benefit of, all Australians."

Well, if that's the case, then why am I (why are we) the one(s) funding the exploration and development through a high-risk investment... why aren't all Australians compelled to invest?

Does the government wish a privatized/socialized hybrid wherein the private sector (us) takes the burden of capital risk, and the government and public gain the material and economic benefits and rewards? It sure sounds like it to me.

Northern Territory
The Northern Territory will move into stage three of their roadmap to ease restrictions at noon on June 5.

From that date, all businesses and services previously restricted can resume, as long as they adhere to a number of principles.

Residents will also be able to go to a bar without consuming food and go to nightclubs, cinemas, theatres, concert or music halls.

Amusement venues, community centres and play centres will be able to resume operation.

All previously restricted services at places that provide beauty therapy, cosmetic services and tattooing can also be accessed from June 5.