Member Info for dprussky

Another month...of nothing

https://pesa.com.au/events/live-webinar-application-of-a-shale-evaluation-workflow-in-the-velkerri-fm-beetaloo-basin/

Maybe worth attending if you have geo background

LIVE WEBINAR – Application of a Shale Evaluation Workflow in the Velkerri Fm, Beetaloo Basin

Thursday, 2 July @ 11:00 am - 12:00 pm (Australia/Perth time) Free – $10

https://www.minister.industry.gov.au/ministers/taylor/transcripts/interview-peter-stefanovic-sky-news

" The Beetaloo Basin and McArthur basins, which are very, very prospective. That will help enormously if they prove to be as strong as we think they may be. "

with = will
weak and stupid will vanish.

Interesting picture.... anyway Oil is going through some changes for sure , but saying that never gets back maybe premature as there are too many industries depend on the oil. I believe landscape of suppliers will change in the big way. US producers introduced free market economy to the oil markets and now everyone fighting for survival as it should be. I am not worry about US as US producers have been getting better and cost efficient. Personally I am looking forward to see Australia to start playing in this market, at the end it will be beneficial for all if we get away from the price fixing and let demand dictate the price and the weak and stupid with vanish.

is there more to this rumor? How much longer until we are in the production?

Crap... end up listening segment all the way to the end, hoping for something more professional opinion after the farmer propaganda brainwashed comments. Nope it did not happen

I concur!!!

I think POQ negotiations with the potential buyers IS the time for him to show the value that we paid for past 5 + years.

At this point Aus feds appears only our buyer. According to this opionion article

"Such a policy becomes very important in the context of the Northern Territory’s Beetaloo basin where the huge gas deposits are expected to become part of a gas reservation scheme."

I do not see anybody else bidding on our part of beetaloo if in fact we are part of reservation scheme.

https://ntindependent.com.au/computer-driven-globally-focused-industry-can-the-nt-transform/

Maybe useful for us also
https://www.google.com/url?rct=j&sa=t&url=https://www.energynewsbulletin.net/partner-content/news/1387834/empire-energy-and-the-new-frontier-of-the-northern-territory&ct=ga&cd=CAEYASoTMTY1MTQ5NTQzMjIyMzU2NzY4NDIaMjM3NmI1NzVkNmQ5MTE5ZDpjb206ZW46VVM&usg=AFQjCNGjSmKkUEqtK-bT7weZEJh0J3_NWw

Found something that has the info we can read
https://www.bioregionalassessments.gov.au/assessments/geological-and-bioregional-assessment-program/beetaloo-gba-region

https://data.gov.au/dataset/ds-dga-714f89a4-5d4d-4d11-abb3-01833dcbee02/detailsq=
Unfortunately can not even decipher those files, but summery looks interesting with development time line.
"This dataset contains the files generated for the Beetaloo Sub-basin Chance of Success Mapping undertaken as part of the Geological and Bioregional Assessments Program. Play fairway mapping was used to map the distribution of petroleum plays likely to be developed in a 5 to 10 year time frame. This process aims to address the geological factors likely to assist in identifying whether a viable petroleum play is likely to be present, and makes no attempt to factor economics, politics, or social factors into the assessment."

Here is little more on Empire with some numbers around Velkerri and Kyalla

https://empireenergygroup.net/wp-content/uploads/20.05.18-ASX-Annoucement-Northern-Territory-Resources-Report-and-Corporate-Update.pdf

Question for the group: I can not see where in PR we gave full control to Origin. (we know Origin is now driving this train ) Origin always had control on what, how things get done as operator, but could walk away after each stage. So what exactly is different now other then %% of ownership after all 3 stages.

https://www.minister.industry.gov.au/ministers/taylor/opinion-piece/we-will-deliver-energy-security

Beetaloo front and center for Aus plan for energy security

I have not seen those volumes in the while any rumors out there?

Falcon Oil & Gas: Nearing Resolution In Australia https://seekingalpha.com/article/4340780-falcon-oil-gas-nearing-resolution-in-australia

Resumption of activities presentation in Energy Club NT May 1, it is maybe worth attending if timezone works.
https://www.energyclubnt.com.au/event-3825750

Looks like things are moving forward and NT is planning to start slowly opening for business. 30 day no new cases, 5 people are currently recovering

https://www.facebook.com/TerritoryChief/videos/917793808655679/?t=352