Proposed Directors of Tirupati Graphite explain why they have requisitioned an GM. Watch the video here.
Keith Schaefer who made the falcon stock triple a while back is talking about oil/gas in general, maybe interesting as it is slow on the Falcon front.
https://www.linkedin.com/pulse/get-ready-doubles-triples-oil-sector-2020-peter-lynch-keith-schaefer/?trackingId=RV8U7x8e1oXASljuzpkraw%3D%3D
Overall that is update from on the services provided to Origin
"Our team recently provided open hole DFIT (Diagnostic Fracture Injection Test) services to Origin Energy on it’s Kyalla-117 N2-1 well in the Northern Territory. We provided a comprehensive set of services and equipment including downhole DST tools with custom made high pressure packers, a downhole and surface data acquisition package and surface production equipment including a mini Surface Well Test package, all integrated together to compliment our motto of providing services ‘From the reservoir to the flare tip’.
Despite the challenging conditions, our crew successfully completed the full program. It was a pleasure working with the Origin team, with almost 6 months of planning all coming together. We hope the data collected allows Origin to conduct a safe and successful program on the rest of its Kyalla-117 N2-1 Well, and we look forward to continuing to provide services on upcoming wells in the NT."
It is nice to see Origin getting word out there.
https://www.afr.com/chanticleer/origin-energy-takes-fracking-fight-online-20191205-p53hbn
Calabria says he is prepared to wear the risks that are attached to social media campaigns, where a company’s content can be turned against him.
“Those types of things happen irrespective of the way that you go out there,” he says.
“I think it’s just really important that we are able to take our message to the community directly.”
In a world where businesses have become defensive and timid, it’s good to see Calabria take a proactive approach.
Business needs to be open to criticism and debate, but it must also be prepared to tell its own story. No one else will.
https://switzer.com.au/the-experts/switzer-tv/frank-calabria-from-origin-energy/
~6:30 - Beetaloo coverage
This is for Empire Energy but relevant here
https://empireenergygroup.net/wp-content/uploads/Blue-Ocean-Equities-Research-Report.pdf
Looks like Origin setup Beetaloo project youtube channel
https://www.youtube.com/channel/UCrOgXDgE8cGkfDiK73wMjBQ
Enjoy
https://fee.org/articles/41-inconvenient-truths-on-the-new-energy-economy/
This week Empire Energy (ASX:EEG) raised $12m in a heavily over-subscribed placement to sophisticated and institutional investors. Our 2020 Beetaloo Basin drilling program is now fully funded and we are very well capitalised.
Processing and interpretation of our recently acquired seismic data is underway, drilling approvals are progressing well, and our neighbours Origin Energy and Falcon Oil & Gas are seeing very encouraging early results from the Kyalla 117 well they are currently drilling.
Senator Matt Canavan, Australia’s Resources Minister, was recently in the Permian Basin in West Texas and said that the Beetaloo has the potential to replicate the success of the Permian and other US basins.
These are very exciting times for Empire shareholders and we are grateful for their ongoing support as we make disciplined investments to add value to our world-class Northern Territory assets.
I suspect getting trucks there will look something like that http://www.darkroastedblend.com/2007/11/siberian-road-adventures.html
There is bit of discrepancy beetween statements.
Are we drilling horizontal well or we studying cores from vertical. ?
"The JV is now preparing to drill the horizontal section within the Kyalla formation.
Horizontal drilling will commence following the final evaluation of the vertical well results."
"The election by the JV to immediately proceed to the drilling of the horizontal section signifies the JV’s confidence in the potential of the Kyalla shale. "
Nothing new so far
https://www.nasdaq.com/articles/origin-energy-seeks-to-expand-australian-onshore-exploration-lifts-aplng-outlook-2019-11
Origin, which has begun drilling in the Beetaloo Basin in the Northern Territory, said exploration was progressing well and that first results were expected in the fourth quarter of fiscal 2020.