Member Info for dprussky

The Tanumbirini 2H (T2H) and Tanumbirini 3H (T3H) wells in EP 161 (Santos 75% and operator,
Tamboran 25%) are currently flowing at 40% and 150% higher eight-day average flow rates,
respectively, when compared to corresponding rates in January 2022.
• The T3H well peaked at 9.1 million standard cubic feet per day (mmscfd) and is flowing at an
eight-day average rate of 4.4 mmscfd over a 600-metre horizontal section (normalised at
7.4 mmscfd over 1,000-metres)....
https://www.investi.com.au/api/announcements/tbn/d37cd9ae-4f2.pdf

Looking HOT from orbit :) https://apps.sentinel-hub.com/eo-browser/?zoom=16&lat=-16.70081&lng=135.09887&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2022-08-11T00%3A00%3A00.000Z&toTime=2022-08-11T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22

Santos/Tambo flares are back and appear to be significantly bigger

https://apps.sentinel-hub.com/eo-browser/?zoom=18&lat=-16.39899&lng=134.7027&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2022-08-06T00%3A00%3A00.000Z&toTime=2022-08-06T23%3A59%3A59.999Z&layerId=2_FALSE_COLOR&demSource3D=%22MAPZEN%22

Wetwater I am really hoping that is the case and I am completely wrong. Time will tell

Looks like Tambo free and clear to move forward. M1H well is on track to be complete ahead of the arrival of the Ensign Rig 970 from mid-August 2022. So they have this rig for 60 days so this will put drilling for Falcon about November.

https://www.proactiveinvestors.com.au/companies/news/989044/tamboran-resources-free-to-restart-nt-drilling-activities-after-legal-win-989044.html

Original Kool-Aid drinking started here SantaFe California. https://www.nydailynews.com/news/national/heaven-gate-mass-suicide-20-years-article-1.3008847

@Origin789 second site that is away from original Origin site appear to be Tamborian Maverick well.

I am bit curious why ppl are choosing to continue their investment in Falcon vs Empire or Tambo. I stepped away from falcon. As I think Tambo/Empire will have better outcome in the short to medium term.

Let me know if I am incorrect on any of those.
1. Seismic has not been done
2. Drilling activity scheduled for September but plans are not firm. Subject to change.
3. Monetizing plans are changing and POQ and new board thinking we can get better value if we take this production (it is fuzzy)
4. Sites that are visible through the satellites have not been mentioned or discussed
5. South Africa question was good other then that other question were about current market, which I did not pay any attention.

PS this call took me back like 20 years I think they need to start considering using technology that currently available for those calls :)

Found another clearing that appear to be sitting on Falcon permit this is very well maybe 10km step out. https://apps.sentinel-hub.com/eo-browser/?zoom=14&lat=-16.50778&lng=134.49562&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2022-07-12T00%3A00%3A00.000Z&toTime=2022-07-12T23%3A59%3A59.999Z&layerId=1_TRUE_COLOR&demSource3D=%22MAPZEN%22

This is new clearing next to Amungee site

https://apps.sentinel-hub.com/eo-browser/?zoom=16&lat=-16.28999&lng=133.60565&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2022-07-07T00%3A00%3A00.000Z&toTime=2022-07-07T23%3A59%3A59.999Z&layerId=1_TRUE_COLOR&demSource3D=%22MAPZEN%22

Unfortunately I am rather to be wrong on this one and kicking myself for selling significant chunk, but looking at this now decision appear to be correct. I basically moved maybe about 70% away from Falcon to Empire and Tamboran. With Empire taking about 40% and Tamboran taking around 30%. So final breakdown is 30% Tamboran , 30% Falcon and 40% Empire. Empire taking largest chunk since they will have fastest result. Very similar what Sheffield did but on the much smaller scale

And looks like Origin has some serious problems and their incompetence is everywhere including their core business https://www.google.com/url?rct=j&sa=t&url=https://www.ntnews.com.au/business/origin-energy-has-been-hit-with-a-record-fine-for-breaching-hardship-duties-more-than-100000-times/news-story/7b451efd107fb57487f787f906dd46a3&ct=ga&cd=CAEYACoSMjQ1Mzc1OTc0ODAxMDYwNTY0MhxhNTY3NWE0MjY4MjUzOGVkOmNvbTplbjpBVTpS&usg=AOvVaw08YwCNFwmprXFbv5Uacmk3

Origin Energy has been ordered to pay a record $17m fine for breaching its own hardship policies more than 100,000 times over nearly four years.

I suspect the answer is much more simple. Origin f..ed up on the rig reservation and had to change the program. POQ did not want to press issue with Origin because it is truly does not matter since now Tamboran and Empire doing all the job. Now only problem is retail shareholders who are waiting but they have been waiting for 10+ years so they can wait another year.

https://media-exp2.licdn.com/dms/document/C4D1FAQF_AGr5KJaxTQ/feedshare-document-pdf-analyzed/0/1656033441544?e=1657152000&v=beta&t=ouzSXFpR2fDfDQot87ptVABo4ILPweK_0VmkHkcOfCY

Looks like origin is single entity which provide electricity in Australia: Origin Energy's Eraring power station, Australia's largest coal plant. Origin Energy has conceded the nation's electricity system is in “uncharted territory” after the operator seized control of the market in a bid to stabilise the grid and cut the risk of blackouts.

I am thinking there is not direct impact on what we doing in Betalloo but supply in Australia is very tight.

https://www.ntnews.com.au/subscribe/news/1/?sourceCode=NTWEB_WRE170_a_GGL&dest=https%3A%2F%2Fwww.ntnews.com.au%2Fbusiness%2Fenergy-crisis-origin-knuckles-down-amid-electricity-market-tension%2Fnews-story%2F39d63201d9ba0cdf592f77ef7b998e5a&memtype=anonymous&mode=premium

Santos is not in trouble people of Australia are in trouble

Until somebody demonstrates clear success this will continue looking sad as it is. Also for litigation what would be the bases for it?

ECS project logistics posted pics and it looks like fracking equipment hopefully Empire is getting ready :)

https://www.linkedin.com/posts/express-cargo-services-pty-ltd_projectmanagement-oversizetransport-ecs-activity-6935888679932424192-hVpm?

Ok sounds really good I am hopping they will start moving ASAP