Member Info for BlueWiley

Volume is consistently higher than the norms across the pond

Good morning Mr Marroc

Once again thank you for your input on this site - it’s greatly appreciated. Would you be able to provide a short summary of events how you believe events could play out as we head towards the last lap on the YPF saga if indeed you believe we are on the last lap? Secondly do you think I’ll be heading out to Miami in the autumn or spring to thank you personally?

#MiamiTwentyQuid

The SP and the volume has been strong over the last few days in the US and is gaining momentum … just got a feeling something is brewing I’ll be adding again today

Never regret taking a profit ..

But not sure it's the time to sell .. next 7 days going to be very interesting ... but I wish I had sold at £14 and bought back in at £8 🤣

I topped up again today ..

We are ridiculously priced so I continue to add.. Miami in the autumn would be nice..

#TwentyQuid

The next 9 days are going to very interesting!

Https://www.ecofinagency.com/news-industry/2805-47038-south-africa-seeks-us-support-to-unlock-shale-gas-potential

🔥 Game changer indeed

Https://www.upstreamonline.com/politics/game-changer-south-africa-minister-lauds-shale-gas-potential/2-1-1841818

Yes - Mr Marroc please thank Seb for his informative posts

💥Positively Bonkers

🤣🤣🤣🤣

Let's see what the RNS says - hopefully Mr Bogart doesn't shoot himself in the foot again..

Excellent news .. hopefully will bring Mr Millie to the table .. SP should be a lot lot higher

805 - don't give me a hard time !!

I'm not a big fan of Tamboran but I wish the very best of luck moving forward ... I was quoting an extract from the RNS

"The IP30 flow rate results announced today of 7.2 MMcf/d, are truly stellar and marks another major data point in the Beetaloo Sub-basin again demonstrating that it compares to the best shale wells in the United States. Not only did the results exceed Falcon’s pre-drill commercial threshold of a normalised flow rate of 3 MMcf/d per 1,000 metres but had similar flow rates and pressures to SS-1H and SS-2H ST1, which all point towards the significant resource potential of the Beetaloo.

… as we now know that flow rate has been announced and exceeded expectations!

Thank you Origin

9) Cavendish price Target 32p (May 2025)

Falcon’s JV partner, Tamboran Resources has sold 100,000 acres to Daly Waters Energy (DWE) for US$15m, equating to US$150/acre. Net to Falcon’s c1m acres this would translate to a valuation of cUS$150m or 10.2p/share, c2x Falcon’s current valuation. Tamboran has also announced the completion of a private placement, providing Tamboran with the necessary funding to drill three wells commencing in mid-2025 and stimulate four wells (including the S2-4H well drilled in 2024) in a single campaign planned for late 2025/1H26 - removing any potential partner funding risk before first gas. As previously announced, Falcon has optimised its participating interest in the upcoming three well programme by electing to reduce its working interest to 0%. This election significantly reduces Falcon’s 2025 capital expenditure and risk exposure without having a material impact on Falcon’s working interest in the pilot project. Tamboran and DWE have also signed an agreement to finalise the checkerboard of their joint acreage, with both parties holding operated working interest areas at 77.5% (except in two smaller areas which are subject to the Tamboran/DWE sale). Falcon is uniquely positioned as the only party with an interest across all checkerboard pieces. Flow testing of the SS-2H ST1 has commenced after a longer soaking period, with an initial 30-day (IP30) flow rate to be announced in June 2025. Testing is planned to continue for a full 90-days.

It's a good article .. in summary the Government is fully supportive of the pipeline ..

"The brief, released under freedom of information laws, shows this was not accepted by the department, acting on behalf of the then environment minister, Tanya Plibersek. It concluded the pipeline did not need a national environmental impact statement before going ahead."

7) 2020 Deloitte Report commissioned by the Australian Department of Industry on the potential of the Beetaloo Basin and the recommendations - the recommendations have mostly been acted on

https://www.industry.gov.au/sites/default/files/2021-05/beetaloo_sub-basin_gas_development_study.pdf