Member Info for dprussky

https://www.energymagazine.com.au/connecting-the-dots-bringing-gas-to-market/ Some good reading while we wait

According to the satellite images trailers with what I assume living quarters are relocated from Kyalla 117 to EMP 76. The drive from one site to another does not appear to be long but EMP 76 will be primary focus

I have to say this gentleman who wrote this article is confident in his time frame for origin wells, now I do not know what is his source but sounds like Origin abandoning current well and starting again.

"Australian gas giant Origin Energy and joint venture partner Falcon Oil & Gas Ltd. have received approval for their two-well drilling campaign in the #beetaloo. The wells will be drilled between April and August. Then a comprehensive fracking program. "

https://www.linkedin.com/posts/paul-alain-hunt-7975b069_origin-energy-to-drill-two-new-beetaloo-wells-activity-6772030532269281280-qZ4p

https://soundcloud.com/energynewsau/empire-energy-on-the-verge-of-transformation

Very good overview

I have tiny holding of Origin, I bought with the few extra $$, plus they paying dividends so did not look like bad deal. Only problem I bought it using OTC market (OGFGF) , so I will never be able to sell with the current demand.

https://www.energynewsbulletin.net/exploration/news/1405612/origin-energy-to-drill-two-new-beetaloo-wells-from-next-month

Looks like we will be coming back and drilling 2H wells at Kyalla 117

I think that is exactly Skerries.

Beetalloo: " scientists did not do this warning " that tacked on by the environmentalists groups, publications and flooded the internet with this BS, so simply it is now appear to be the truth since it was repeated so many times.

https://www.csiro.au/en/News/News-releases/2021/Tiny-new-species-discovered-as-scientists-outback-fishing-trip-bags-exotic-catch

Ones again internet is full of fracking damages this and that as result of the water study above.

Communication from POQ changed when JoAchim Conrad became chairman of the board in ~2015 and progressively got worse, so at this point I suspect it is by design.

Thx newtofo that makes things little better but not by much

2236 GMT - Origin Energy's investment in the Australia Pacific LNG project continues to pay dividends, but are investors mispricing the value of the power company's other businesses? UBS estimates APLNG is worth A$3.94/share, based on forecasts for oil prices, imploying the market is valuing Origin's other businesses at A$0.68/share. They include the Energy Markets division and an 80% stake in the Beetaloo Basin of Australia. UBS values the Beetaloo Basin assets at A$0.39/share currently. "We expect Origin to also benefit from recovering oil prices and a gradual recovery in gas margins as East coast gas supply tightens from 2023," adds UBS, which rates Origin a buy. (david.winning@wsj.com; @dwinningWSJ)

So we have big boys evaluating .39A$ for 80% Beetaloo so .39/4 ~ .10 A$ so price for the falcon stock is .7 cents.

To be honest I did not want to refer to CEO as goofy, but the video felt little little goofy. He is fine I actually like him very much

Video interview with CEO of Empire little goofy, but I take goofy vs nothing https://www.raasgroup.com/interview-asxeeg-03022021/

Camelot1 I am in 100% agreement with you I will even go further . What was the price listed in Cenkos report 36p?? x5 of the current price that is what we should expect, for Falcon buy out. .5$ US and .65$. CN.

I would not read too much into that statement "very encouraging " has been in all statements after a while it lost its meaning. I would be excited to here something else this way know they spend little more then 5 minutes modifying the statement from previous year

Here aome gasses explanation
-- C1 = 65.03 mol% methane

-- C2 = 18.72 mol% ethane

-- C3 = 8.37 mol% propane

-- iC4 = 1.29 mol% isobutane

-- nC4 = 2.03 mol% butane

-- C5+ = 2.73 mol% this must be all the others ..... tanes

-- CO2 = 0.91 mol%

-- N2 = 0.92 mol% nitrogen

Site appear to be clear and ready for the works. Lat: -16.856 Long 134.39

https://api.soar.earth/short/r4r614a6o

1. production test of Kyalla with ambiguous, timeline " ~ so I am thinking 5 months
2. EP76 exploration drilling, I suspect starting April. With initial results ~ September.
3. Possible purchases by Origin or Fed, but this one looks unlikely unless production numbers look good.

YW but I am personally running out of steam.... and really looking for other companies with the better communications. Unfortunately choices are limited to only few public companies who operate in Beetaloo