Member Info for Adon30

Po Valley updated yesterday (or early hours) so would expect something similar from PXEN

https://wcsecure.weblink.com.au/pdf/PVE/02591231.pdf

You also need to search on the specific office of application. Moab FO.
ZPHR was end of August. I think there were only a few for O&G around that time.

https://eplanning.blm.gov/eplanning-ui/project/2021225/510

Commercial not geological

"SLR applied a modest 25% chance of commerciality to the MOU-4 asset to reflect a raft of outstanding
production, technical, legal, contractual and environmental issues that would apply to a project as large as
a full scale MOU-4 development. However, we believe that the chances for advancing commerciality for
smaller pilot-sized CNG projects supplying gas to industrial customers is higher and also scalable as bite
sized projects could demonstrate commerciality for a longer term roll of larger scale CNG projects."

Only £20k (666,684) of warrants left to exercise

Can only buy so much back on a day based on volume traded. As there is no volume it limits the amount they can buy back. Although 500 shares are hardly worth it.

"In so far as volume is concerned, the issuer must not purchase more than 25% of the average daily volume of the shares in any one day on the [regulated market] on which the purchase is carried out."
https://www.handbook.fca.org.uk/handbook/MAR/1/Annex1.html?date=2016-03-07

dsrt, I'm sure that Colin was going to include all those details in the presentation along with expected timescales for completions.
A lot of the questions I sent to CH related to these aspects and I asked him to include them in the presentation. The gas pipeline was just one aspect.

During testing they will flare the gas as they have the permits for production testing.
"The Company, which previously announced plans to conduct an additional production test on the well, is pleased to announce that all permits needed for that production test have been approved and operations to construct further surface facilities on the well pad are in progress. "

Yes Keith it is a long way in opposite direction. But a large area appeared and then became a pad sized square. But who knows....

I'm with you though. "I really don't care about the exact location. What is important now is that they have confirmed it is set up ready to go."

KeithOz, Take a look at 34.33567, -3.52003. Approx 8km from MOU-1 and the area is 100m x 100m. Could be an absolute red herring though.....

If the MOU-2 pad has been built. Then it is not at the site identified in the presentation as KeithOz has said.
They are however saying that they "have been upgraded" and "has been completed"

Anyway, I'll leave them to it and go back to waiting for the all important Spud RNS

WHILST the access tracks and roads to the MOU-2 location have been upgraded and the well pad construction has been completed
Bad wording (or bad reading). I'd say they both still need completing.

Exactly as I said from the satellite images

State 36 "recently completed construction of the shared pad"

State 16 "Multiple service providers are currently active on site, and the wellbore has been re-entered to prepare for the commencement of the additional well test, currently envisioned to begin mid to late November 2022."

Sat images are showing roadway from Casc heading into forest. If you are on the discord group they are posted on there.
Roughly a third to half way towards where the NGC have been working and the main pipeline

I know there are a couple of people that now regularly check. This may have already been discussed as don't check on the board that often now. Much healthier not having to trawl through the FUD.

Anyway. Does anyone care to comment on what may have been stored in the NW corner of MOU-1 pad? Looks like it has been there around a month.

Application was 24th August so coming up on 41 working days (not sure if any holidays in that) and almost 60 days if you count the weekends. Would like to think it is close.
They have the 36-2 permit. Just need the BLM land permit.

Do you think that could be ground works at 36-2 as well?
Big change in last couple of days. Next pass might confirm though.
I'm surprised if it is as Permit not updated but suppose they could have been given the nod for work to proceed.

Thanks for confirmation duffs55. I've had a good couple of weeks with satellite spotting here and TXP.
I was really waiting on the radar satellite to confirm it fully. But latest image showed even more bits. Would expect there's quite a bit more to arrive though based on what was there for the previous testing.

Remember this is for 16-2. Not the new drills.

From Satellite images there has been something going on. Could be ground preparations or storing of equipment on site. Been happening for a couple of weeks.
I did think that it could have been rain changing the ground appearance. But it usually doesn't go like that and checking the weather it has been dry and sunny for the past fortnight.

No progress on permit situation yet.

Probably because of equipment arriving at 16-2.....

When the minister tweeted the 'within days' comment. The gas was already flowing.

"but not as in Hurricane Energy".. hopefully not as their management is woeful.
They are making a large amount of money however....