Member Info for ifiknewidberich9

MAKO in play , they need the Gas ASAP..............

“The PGN gas balance profile for the period 2025 to 2035 shows a downward trend,” Arief was quoted as saying.

“This is mainly influenced or caused by the natural decline from suppliers, which has not been offset by new reserve discoveries and production from new gas fields.”

Already Indonesia is occasionally keeping cargos that were intended for export and directing them to domestic customers, owing in part to production shortfalls. That risks putting off foreign investment into bringing more gas resources into production.

Has to get moving soon, link as posted yesterday Indonesia facing gas shortages of Domestic supply, diverting some export shipments to cover. Mako set for production 2026. New overnight more of the same and the delayed Abadi field (Inpex) now not expected to help until 2030.

Indonesia’s Abadi gas field, located about 400 km (250 mi) north of the Australian city of Darwin, has faced multiple delays. Japan’s Inpex, which is leading the project, has said it expects Abadi to go into production in 2030.

“Declining domestic gas supply due to the depletion of existing fields remains a major concern,” Joshua Ngu, vice chairman for Asia Pacific at research and consulting firm Wood Mackenzie, said in a statement.

“Attractive investment policies that can support the discovery and rapid development of new resources, are required to prevent a domestic gas crisis and maintain the country’s position as an international gas provider.”

Could end up BLUE today, looks like coiling for a strong finish.............GLA

Always delays in the oil and gas sector, it's to be EXPECTED, others in far worse states, e.g TRP , its drill has been IMMINENT since 2020.......... knocking the arse out of it that one but many others, in similar positions, you want on time, invest in Exxon or Shell, small cap minnows hoping to thrive, never go on time. SNDA another , was drilling Dec 2024, delayed twice this year and now expected Q1 2026. Its other applications in the Philippines, expected early 2025, Minister even said theirs and 7 others, should all be wrapped up by June as now forwarded to Presidents office December 2024......all still waiting.

https://pgr.dmp.wa.gov.au/PGR/Titles/DisplayTitle.aspx?d=%2fxafR%2f74B0PcNn%2f9jV%2fwWWZ2D34N6cCUyYC29EXUhCoYZStSUOCCQEl4rbgxGwGyR7kOVa4DImI%3d

At least here you can see the slow progress through the system in Australia, many others treat small caps like mushrooms, until its signed.

As posted earlier from local press, production 2026, so need to get a wriggle on.........

Indonesia is developing the Mako gas field to boost its domestic energy supply, with the Ministry of Energy and Mineral Resources (MEMR) directing that all production be sold to the state electricity company, PT PLN, to meet rapidly growing demand, particularly from the data center sector in Batam. The Mako field is expected to start production in 2026

Moving again, Barclays bid now moving back up 0.0633/0.0640 small medium volumes v ask 0.0685/0.0695

Come on EME - Expecting Market Explosion.................. 😉😂

Darn it, Barclays back to bid 0.0611 v 0.065 ask

Bring on the dancing girls and the VOLUME...............

We get a following herd wind and this has to pop, 0.640 v 0.650..........GLA

Anyone hearing the herd has heard............(conrad leak?)

💥💥💥💥 Barclays big tick up on the bid 0.0640

and spread tight........GLA

Barclays latest quotes - bid 0.0615 v ask 0.065

Is it time to bounce ?????????

Indonesia is developing the Mako gas field to boost its domestic energy supply, with the Ministry of Energy and Mineral Resources (MEMR) directing that all production be sold to the state electricity company, PT PLN, to meet rapidly growing demand, particularly from the data center sector in Batam. The Mako field is expected to start production in 2026 and will be connected to the existing West Natuna Transportation System (WNTS) to deliver gas to Batam.

Key Developments:

Indonesia's government has prioritized domestic gas supply, with the MEMR directing all gas from the Mako field to be reserved for the domestic market.

PT PLN Energi Primer Indonesia (PLN EPI), a subsidiary of the state-owned utility PT PLN, will purchase all the gas.

The gas will be supplied to Batam, an emerging hub for data centers, which is a major driver of increased energy demand.

Gas Sales Agreement:

Conrad Asia Energy, the operator of the Mako field, is working with PLN EPI and the Indonesian upstream regulator SKK Migas to finalize a Gas Sales Agreement (GSA) for the entire output until 2037.

Infrastructure Investment

A new gas spurline will be built to connect the Mako field to the WNTS, with an estimated investment of approximately $50 million.

Rising Demand

Indonesia is experiencing strong growth in domestic gas demand, driven by its New Energy Plan and the expansion of gas-fired power plants and data centres

Strategic Importance

The Mako field, holding significant untapped reserves, is crucial for achieving Indonesia's goal of doubling gas production by 2030

Come on Conrad, get the wheels rolling.......GLA

The Aakash 50T work over rig will be deployed to the Cambay C-64 wellsite by mid-September

Every day, a day closer......... 📰🔴👀👀👀

Well Application Hussar-2 SOP-WLA-0193 09/05/2025 WESTMARKET OIL & GAS PTY LTD Decision Pending

Hussar-2 Well Drilling Environment Plan Received 15/08/2025 Being Assessed 08/09/2025

https://pgr.dmp.wa.gov.au/PGR/Titles/DisplayTitle.aspx?d=%2fxafR%2f74B0PcNn%2f9jV%2fwWWZ2D34N6cCUyYC29EXUhCoYZStSUOCCQEl4rbgxGwGyR7kOVa4DImI%3d

Nice spot kbw, as of Yesterday the 8th September

Hussar-2 Well Drilling Environment Plan Received 15/08/2025 Being Assessed 08/09/2025

Nope, all we know is AP said the Diamonds sent to Dubai for processing ready for sale in lots over time. So expect ours to be sold with others in various tenders. TAGS , the latest DMCC Dubai auction 8-12th September. Southern Africa sourced.

One day Rodney, AP will slip something vast and shiny into the mix.........GLA

17th July RNA Update over rns news wire - Gas Sale Agreement Signed with PLN EPI

Empyrean Energy plc ("Empyrean" or the "Company"), the oil and gas development company with interests in Australia, Indonesia, and the United States, is pleased to advise that Conrad Asia Energy Ltd ("Conrad"), operator of the Mako Gas Field ("Mako"), has signed a Gas Sales Agreement ("GSA") for the sale and purchase of natural gas from the Mako Gas Field with PT PLN Energi Primer Indonesia ("PLN EPI"), a wholly owned subsidiary of PT Perusahaan Listrik Negara (Persero) ("PLN Persero"), which holds a BBB credit rating.

Local news 1st September - The Business Times

Indonesia’s gas crunch strains domestic industries, may shake trust in exports

The tight conditions have led the authorities to ask overseas customers to accept shipment delays and to urge exporters to defer cargoes well into 2026

[JAKARTA] Indonesia’s growing gas shortage is forcing the government to prioritise domestic industries – a decision which analysts said could undermine its credibility as an exporter and may push long-standing partners such as Singapore to look elsewhere.

The supply crunch will also have a “severe impact” on Indonesia’s gas-reliant manufacturers – from those in fertilisers and petrochemicals to ceramics and steel – as they face operational strain, threatening a fallout in investments and jobs.

Already, the tight conditions have led the authorities to ask overseas gas customers to accept shipment delays and to urge exporters to defer cargoes well into 2026, a decision which holds significant implications for importers.

They need Mako to move ASAP

Nice spot kbw, as of Yesterday the 8th September

Hussar-2 Well Drilling Environment Plan Received 15/08/2025 Being Assessed 08/09/2025

Never mind DP , can stick it in the bin with the DOZENS of others we have had while awaiting imminent news .......... 😉😂

Made to fit , sub iq nonsense, not just the 1 , all the other codes that have reappeared since the FEE FREE sites came online, STRANGE THAT 😲🤦‍♂️

The ones that where real, DIED YEARS AGO, with the advent of modern technology......... 🤦‍♀️🤦‍♂️🤦‍♀️🤦‍♂️🤦‍♀️🤦‍♂️

Here's the list that was around for decades, note the absence of a 1, although the old lags of the boards and conspiracy theorists, also thought the short numbers valid eg

1 = 100 = I need shares

http://www.pennystockdream.com/Market-Maker-Signals

Died years ago, so can stick it with the Tooth Fairy and Santa in a red suit (coca cola invented)

One other thing Meadow, IF the powers that be in TL announce the BUILD green light for the single string GAS/LNG domestic supply Import facility. IF its getting built (pm Rauk plan circa 2021 by 2026 , with Sunrise circa 2030) Then Chuditch is the only game in town for that supply line, years before G.S.

Official confirmation they have Investors to pay and built/operate it and we are quid's in and who cares what happens to GS down the line. 🤔

The locations and timelines have wandered awaiting that confirmation of funds for the Gas/LNG Imports facility for TL's Domestic security plan BUT it would still be constructed and operational YEARS before G.S.

Then see who comes knocking on AB's door for a piece of the action...........GLA