Member Info for dprussky

Origin is not O&G company so focus is not there, You can see Santos, Empire, Tamborian are moving forward pushing in some cases they do not even worry too much about crating waves in the media to achieve their timelines. Origin is soo sensitive to the media/elections/politicians it is paralyzing their progress

Nurrdalinji people who are complaining and Tanumbirini title holders appear to be different families so as suspected all BS nonsense and posturing.
4.3.5 Native Title
A Native Title determination (NTD33/2012 Tanumbirini PPL) has been finalised for the Area. This determination grants native title rights to the Kinbininggu and Bamarrngganja groups

Apparently fracking is killing things before it even started .... "We are a strong community, but fracking is killing our country and threatening our culture," the Nurrdalinji director said.

Found the article that trying to explain situation https://www.perthnow.com.au/business/energy/gas-fracker-may-need-security-in-remote-nt-c-6931863

From the long term perspectives this is not great start. It will be interesting to see which native families are opposing the oil companies since the ones that on actual land are OK with it.

I suspect in the month or so opportunity will come up when majority of share holders realize that transformation year has been delayed

Board changes need to be approved by shareholders.

I am thinking this no longer the goal with the new board.

One thing guys I had to go with my gut on this one (I still have few shares but my position is much smaller) I feel Sheffield plan is to take falcon to production and his statement few months ago confirms that. Origin as an operator who is not focused and plans that are communicated to us are too fuzzy with no commitments to deliver. If Origin was building my house they would be fired by now. Other guys are focused, determined, communications are acceptable and timelines are solid. When we started this Falcon was only game in town but now we got choices and I am betting on the smaller guys who actually want to grow their companies.

Sorry bud I unloaded this morning

ITguy you are correct they used this rig to drill vertical well on ep76 but for the horizontal they need something better

I red and re-read Falcons updates from Jan and May this morning trying to understand the time lines and I am convinced that will see no drilling this year.
1. Update is not clear.
2. Ensign rig 970 already booked by Tambo ( I think that is Crew worked with Origin) and there is not a lot of rigs like that in Australia. I bet Origin failed to secure the rig.
3. There is supply chain issue that impacted fracking operation for Empire and they are delaying their work. So this is global impact, so all drillers are impacted globally and Origin is not exception.
4. Origin is looking to farm down so why would the spend the money now.
5. Amungee site is empty, just dirt.....

Hydrogen, I really hope we will see some action this year. I am still not clear what are teams is doing this year. To me vague time lines is caution Flag. I really would like to have something like 2022 we doing: X ; in 2023 we doing x; in 2024 we doing x; Things can change and based on the situation but with out clear goals things will just float like they been doing for the while now.

Phoebus, they are looking to farm down it is in Origin update

Is anything getting done this year? It does appear that Origin is halted the program until they find the partner. I guess we will see some results from Tambo and Empire this year.

Also it appear to have smaller series of flairs on the side maybe horizontal flair.

I think this is very well maybe it. Origin is silent as well.

This year was to promote the company. We saw activity on LinkedIn, Twitter and maybe few other things. Last two months have been silent so I am thinking there's something brewing in the background. So I think BDaddy maybe right.

Heat signature appear to be slightly bigger and false color has very nice definition. I say it is looking very strong.

that would be very nice. I checked Satellite pictures and everything appear to be the same... so no new developments