Member Info for gonoles

Wish I would have known a couple of days ago would have tried to go.

Pretty good overview briefing by everyone on what is going on in the Beetaloo. Lets just see some successful drilling.

Submitted to the Australian Senate -- just posted on LinkedIn

https://www.tamboran.com/wp-content/uploads/2023/11/Tamboran-Resources_Middle-Arm-Inquiry_Senate-Ctee-Submission_FINAL.pdf

I think some folks think Q1 2024 is Jan to March 2024 and it is actually Oct to Dec 2023. I noticed people talking about dragging their feet but seems right around the corner

Https://investi.com.au/api/announcements/tbn/ebbd1ff7-9d4.pdf

Thought it was an interesting interview to hear from someone other than Riddle about the Beetaloo. He provides a pretty good overview of the timelines and production levels. I guess if he helped sell Petrohawk at $38 a share -- he knows the process. And in three weeks of meeting Sheffield he gave 30 million to the project. So lets just prove out a few wells.

Https://www.hartenergy.com/exclusives/exclusive-australias-beetleloo-comparable-permian-watch-206612

Https://swisherpost.co.za/news/dudu-myeni-arrest-bosasa-corruption-r300-000-bribe/

Kind of pulls Falcon's name in the mud down there.

WetWater -- contrary to your opinion I do understand public and private sources. However, since I'm not in Australia or Ireland, the only sources I have are public and I post what I find for all of the board to see. Not pumping anything one way or another. However, I do find it refreshing that since I posted the info, all of a sudden "those in the know" are now posting information. I prefer any information provided -- whether public or private. I can always take it and digest whether it is factual or blowhard. However, the report was the first that addressed the issue, and has Falcon provided us with a different explanation? Or any explanation? Or can they say -- not with our money on Tamboran screwing up the drilling.

I would say that is because the PDF was from Hannam Partners https://hannam.partners/ and they are an investment bank. As their web site says "advising companies on mergers & acquisitions, fundraising and major strategic decisions."

So since you are in the know do you want to share why others who have better access than you to the players in the Beetaloo and elsewhere have advised this board the reasons why the partners have ordered Mr Riddle to drill a circa 1,000 horizontal well but frack only at 10 sites over 500m." Hardrock said he didn't understand.

Your information is much appreciated. I only distribute what I find out in open sources - not what I make up .

Note page 12 of the PDF for their explanation of Amungee 2H well. Hardock any comments?

Https://www.tamboran.com/wp-content/uploads/2023/09/230920-Hannam-Partners-Visiting-the-Beetaloo.pdf

About the only explanation I’ve seen on the well

Https://www.linkedin.com/posts/tamboran-resources_asx-tbn-gas-activity-7107888880367927296-pnMU

Better posr

Https://research-tree.com/companies/uk/oil-gas-e-ps/falcon-oil-gas-ltd-/research/cenkos-securities/cenkos-falcon-oil-gas-ltd-a-world-class-gas-shale-play/39_936a6bd0-a5a5-4f85-8579-5816cebb943a/94765961-f7c4-46fc-b1c0-6176e2722f1e

Newtofo -- as I have said -- you market to your strength. I like their comparison to the Marcellus and how they are basically saying we are at low prices for the potential benefit.

So if I was to look at Falcon by itself -- I would say

1. World class Discovery with land that will potentially be worth X versus what it is now.

2. 3% greater profit margin that the Tamboran due to no extra % cost

3. Potential to pick and choose the sections to play in

Anything I'm missing that I don't really feel are pushed in Falcon's presentation.

Maybe we can help them out a little here.

Https://youtu.be/Uo4jmQcEfHY?si=9PzMiIqr-21a5ShR

I'm not posting this as a pusher for Empire -- just think it gives a good overview of what they are doing and it will help prove up our resources too. At about seven minutes his page 7 slide has a good comparison with the Marcellus project. His page 9 compares them to the other Beetaloo players. He obviously is pushing the Empire story, but also tells the benefits of the whole Beetaloo.

Https://www.youtube.com/watch?v=yJmpbJ4Oovk

This sounds pretty promising and going into production first -- so they say.

So there are two ways of approaching bad news -- 1. you stick your head in the ground and hope it blows over or 2. you get out in front of it. Don't get me wrong I own a lot more shares of Falcon than I do Tamboran or Empire -- which I also own. So in that regard I think the Beetaloo will pan out long term -- but I have been in this for a LOOOOOOONNNG time.

So this is my impression:

Falcon has its own story to tell and isn't telling anything. It is just a mouthpiece for Tamboran when it regurgitates the same press release sent out.

Our company presentation is from November 22, 2022 and yet we had our annual meeting in 2023. If 2023 was supposed to be the year that was going to turn around Falcon -- have we changed anything at all. Tamboran has put out five presentations on its web site since November 2022.

Compare Tamboran's press release of June 23, 2023

https://www.investi.com.au/api/announcements/tbn/2809eaf7-8a3.pdf

https://www.investi.com.au/api/announcements/tbn/91214c9b-9d5.pdf

to Falcons on that day

https://falconoilandgas.com/2023/06/22/amungee-nw-2h-well-update/

Marketing is about putting a spin on everything. You take the best of what you have and market to it. I used to buy millions of dollars of television equipment -- I would go to Sony and get their impression of Panasonic, and go to Panasonic and get their impression of Sony and then weigh the pros and cons.

In this case -- we are both partners. So we need to show a united front and work on what we are saying TOGETHER. Just because one is the operating partner -- what we say can impact the overall impression of the Beetaloo. No one is taking Tamboran to court for false statements -- we have to learn to market together.

If you look at how much FALCON dropped at the start of this June 23 press conference -- you will see where TAMBORAN mitigated a lot of damage by a sequence of good news releases. Have we ?? We are all waiting for a good release in a month of two -- and thus we will probably start to creep up.

But even the Investor conference we had after the annual conference was terrible. I don't think our CEO had processed it yet and was unprepared. Well we need to be more involved.

My two cents.

Https://www.hartenergy.com/ep/exclusives/stoneburner-bryan-sheffield-hp-strike-marcellus-pay-northern-australia-206377

Https://stocks.apple.com/AKYjJNBYLRxy-GSPNkozXbQ

Tamboran Resources Limited (TBN.AX) Completion of Falcon Farm-in Carry