Member Info for BeetaLong

Or tamboran having to buy some stocks back to fullfill the swap for FOG?

Just guessing here.

In any case,

my main worry is, should this merger go through, how Tamboran is gonna raise additional capital, by issuing shares, lending capital, or producing gas.

Dilution of shares would still me my biggest fear.

12 billion billion cubic feet?

Not in a million million years.

I'm just comparing acreages (at percentages of interest) between them, whilst including/excluding the difference of EP161, which doesn't seem to dramatically change it.

But on that basis it still would have FOG under priced compared to Tamboran. But I did put some money into Tamboran should an unforeseen risk do a dilution, or rug pull underneath FOG.

For the rest I just base my projections on Trends, Underdeveloped, Appraisal, Production valuations as mentioned in those 2016 presentations. With some adjustments for inflation, gas rates, local market prices. But there a crystal ball would be equally accurate.

For drilling cost between 2014 (https://www.canoils.com/Universal/View.aspx?type=Story&id=130467) to 2023 (https://falconoilandgas.com/2023/10/16/3286/#:~:text=Total%20costs%20for%20the%20drilling,FlexRig%C2%AE%20Flex%203%20Rig)

seems to steadily be around 12 million. Perhaps all past years' inflation has been covered by the more efficient Liberty Energy Inc rig (https://falconoilandgas.com/2024/02/26/stellar-ip30-day-flow-rates-advances-the-beetaloo-to-pilot-development/)

So for cost something like number of well times cost divided by partnership factors?

For Area pricing see Oleo's link and JamesL.'s post.

Beetaloo,

there is an old presentation, I think somewhere 2015/2016 or even older. In which several values per acre are mentioned for different stages of development (exploration/testing/production etc).

I do my maths on these values.

Can't should be in a PDF somewhere on the internet archives, or in an old youtube presentation.

spot on:
https://youtu.be/ugE08bg9Voc?t=498
2015 presentation

Oughtn't they have to disclose such above 5%?

I think just following the general market on election news

Is this a confirmed buy?
13-Jan-20 15:50:52 17.725 100,000 Buy* 17.73k

Oilcountry99 Today 15:29
"My theory still holds true. A party is intentionally keeping FOG pinned while we wait for drilling results. Origin are near 52 week high...us low. Why? Because someone wants us under the radar and as low as possible for take out." .....

Or just the fact that Origin has much more than this single asset which is making money, while our 30% is currently only a well founded promise. I do understand investors moving their money in the Origin direction rather than to FOG at the moment

Personally I am hopping for some additional tested reserves first. Rather than receiving an offer on the current and last wells.