Member Info for dprussky

I think at this point if origin did not reserve the rig they will probably will not get it this year.

Kuala -still look pretty much the same as 2 weeks ago
Ep 76 - nothing new
Empire - has been active. This site has some activity. Too blurry to tell exactly what is happening but they appear getting ready to put rig on

I hope it is something good as we have 1Mil share trade in London

https://m.youtube.com/watch?v=ewJfMJm3e20

In about 6 minutes into the video they talk about the core samples. It is very much relevant to falcon

They are talking about Financial Year, which is little confusing, In our worlds Late FY2021 will be around July and FY2022 will be second part of the 2021

Lipstick from Empire :)
https://mcusercontent.com/6c7d255d97b3dec4176e2a477/files/96d607f6-35d3-4a25-aecd-6dc5941a55e6/30042021_Quarterly_Activities_Summary_FINAL.pdf

Kylla - no change
EP76 - no change
Empire - increased the size of their clearing.

On the flip side of this argument, which is very common in the company that size. Nobody will make the call to walk away because they already spend huge amounts of money, so will continue "working" this until someone with balls tells them to stop or circumstance change that makes things favorable to walk away.

There is pretty big Ensign rig is getting moved from WA to somewhere, but since they do not mention where it is going I am thinking this has to be for Origin (since they are only ones who for some reason want to keep this info to themselves)

This is update from "ECS Project Logistics"
Rig move operations have commenced in WA. Over the next week our team will move a large drill rig consisting of 80 truck loads to its next location for our client.

We have new living quarters trailer at Kyalla and something new at the drill site, but nothing around well head. EP 76 no activity and for Empire their site is unchanged.

https://api.soar.earth/short/1oaooo7o01

Longkife here is the summary:
Empire did their seismic on their Permit and 1 vertical well right after .
Hess did seismic 6 maybe even 7 years ago and Origin did 1 vertical 1 horizontal 2018 maybe , 1 horizontal last year (no result)
Santos - I do not follow it too close but they did reopen their old vertical well and got some good data.

The biggest problem that people have is communications. Which is not happening. Right now there is AGIS conference going and origin done their presentation. Here are comments from Energy club NT:

"Great kick off day at the 2021 AGES Conference in Alice Springs. Alexander Côté, CFA, P.Eng shared some great technical insights from Origin’s Beetaloo Exploration project and the line up for coffee from Energy Club NT’s set up has not stopped all day! Good to see the amazing work that goes into developing our resources. Gotta love our rock-stars! ??"

So question one what was presented, question 2 how come nothing came from falcon

With out doubt Empire in the last year have done as much as origin and hess did in the past 6 years minus one horizontal well. Which will be complete this quarter. So yes .

I wish it was that simple sitting at .17 cents average is not an option for me..... But will dump all it at first opportunity and move it to Empire.

https://www.afr.com/street-talk/empire-energy-snaps-up-betaloo-s-pangaea-readies-raising-20210412-p57idd , hopefully it is readable to you. (but simple google search will give bunch of other articles) At this point Empire got all of the flanks of Beetaloo which is appear to be right move assuming they will get similar results on other permits as they did in Carpenteria-1. From FOG perspective to me this is the first of many acquisitions that we will see in the near future as those usually come in groups. Also speculation that we may have some acquisition activity in April now has very good chance to be true.

Bigones asked the question about EP99 and what happened to it. The post was to answer his question

The prospects are shale gas plays in permits EPs 76, 98, and 117. A fourth permit, EP 99, has been surrendered back to the Northern Territory government as it was not considered core to the unconventional gas play.

https://www.ogj.com/general-interest/companies/article/17272430/falcon-farms-out-portion-of-beetaloo-basin-permits

Supporting article
https://www.livewiremarkets.com/wires/origin-ceo-quizzed-on-company-splits-and-power-pricing

https://www.youtube.com/watch?v=K1V92RE50qg

Just checked satellite images for all the Origin permits + Empire. Nobody is doing anything.