Member Info for ifiknewidberich9

The study was a given to be positive , Conoco Phillips originally planned to take Bayu Undan to the same area back in the late 90's, crossing the deep trench with a suspended bridge pipeline, it was shot down by Phillips shareholders on the grounds of cost and years of follow on maint work team (divers etc) .

It could be done in the 90's , new tech , materials developed since, should make it a piece of **** now

The suspension bridge, sub shipping level pipe, held in place by wires to concrete blocks on the seismic Timor Trench seabed (expected to move 3-4m over the life cycle of Bayu hence constant support team required)

Think 2025, we are a bit beyond , block and tackle set up's ........ 😜😅

Finance for the Imports terminal, which is planned for ALL fuels, not just Gas/LNG with a 90-120 day emergency tank farm, does not need to wait for Australian or Woodside funding or agreement, they can built that part, with other backers, if they can get them onboard earlier (Still hoping that China BRI level II Infrastructure construction , comes into play)

Estimate for the Metinaro / Domestic conversion plan was a 2-3 billion dollars, vice 16 billion the exports complex.....

Wakey , Wakey Xi Jinping, time to deliver on your promised support....... 😜😅

Would now also like to see evidence emerge, the new HUB will be more offshore central South Coast , as planned by Conoco Phillips for Bayu-Undan originally, Sunrise , Kelp (monster) can join in and feed it vice , all going out of their way to Sunrise HUB, then swinging all the way back West to go to Natarbora complex........ 🤔

Our initial 1 or 2 wells project , 2028 production (probably like Sunrise 26/28 wellheads as per Shell on FFD) is ideal for TL, to build and satisfy its 2nd project, Domestic security/ Grid gas conversion , years before any potential Sunrise production is commenced......... 👍 GLALTH

Yep , as we have suspected for a long time, all roads, highways , ports and pipelines , lead to Natarbora including

Chuditch pipe - Bayu Undan pipe - Natarbora

All todays still ref Sunrise but as said many times, they have two projects, the original Tasi Mane project

Beaco

Multi up to 5 string Gas/LNG EXPORTS refinery/port complex

Single string Gas/LNG IMPORTS terminal (2nd plan Domestic security was switched to Metinaro see T/gap web)

Betano

Refurbishment and expansion of the current oil/condensate refinery

Natarbora

All of the above it would seem Gusmao put all elements of HIS original plan back together (Nat vice Beaco , Nat not far from Betano, all together on the Central South Coast, vice Beaco on the South East coast)

2nd plan for Domestic security was to be in place 5 years before Sunrise, then Metinaro 2025/26 , Beaco Sunrise 2030

Latest Sunrise tenders by 2032-2034, Domestic project now Natarbora ? much earlier and what reservoir do we know, will be flowing to production 2028 (AB update)

Still see Chuditch first UP and filling their requirements 2028 , still long before Sunrise awakens from its slumbers (1974 discovery) .🤔

Scroll down, what the real TRADES , considered by the market as all being both a buy and sell, so why label, look like before the 3rd party sites like this LSE (london south east) rehash with a less than DIMBO Algorthim mid based best guess trying to be helpful and failing on most shares daily........GLA

https://www.londonstockexchange.com/stock/GBP/global-petroleum-limited/company-page

Stats worthless, all built on a 100% BEST GUESS added buy/sell/unknown or colour label rehash on each and every trade printed by by the real LSE........as much use as a Chocolate Teapot or used TP.........

Always multiple prices in play, many times over the years, I have when a share in vogue, bought at near and on bid price, likewise sold , at near , on and even occasionally above the listed ask.

Better guide

Flat , small rise/fall , trading in reality pretty even

large rise, buyers forcing the bid price up, so mm's can fill orders (or wonga placing p&d forward sells in progress)

large fall , wonga's / other sellers need to fcuk off..........GLA

The funding now starting to roll.......GLA

Lastly, in accordance with the draft presented by the Minister of Petroleum and Mineral Resources, Francisco da Costa Monteiro, the Council of Ministers decided to authorise expenditure on the programme on ‘implementation of the Tasi Mane project on the country's southern coast’ in the amount of US$ 40,500,000. END

Earlier post ,where did you get 30b from , it was only £16-$18 Billion from a previous set of studies, as Meg CEO of Woodside said when the new/latest one's implemented, with modern tech, materials and modular design, this could be lot cheaper proposition than before (multiple studies done by both sides over the years)

COS , in 1998 Super Major Shell declared, having mapped the entire license (not just the bit played with by boil/snda) and successfully drilled CH-1 on the edge of the reservoir (25 reservoir thickness) it had Chuditch LICENSE as probably being BIGGER than Sunrise of full development, many additional leads BUT

Currently Chuditch , Wombat and Bilby (now renamed Chud, Chud SW , Chud N) Stand at over 5 tcf (850mboe) with many upside leads to the South and South West (including Bandicoot , now Quokka off Boil's seismic rerun of 2013 data) Also if as they suspect all 3 Chud's linked , that area alone could more than double to over 10 tcf ( 1.7 Billion boe)

CH-2 (150) Location on seismic is ""SIX TIMES THICKER" reservoir than CH1 (25), where post drilling Super Major SHELL placed a 100% COS on ALL future Chuditch drills, as gas flowed freely at it's on the edge of reservoir CH1 discovery drill.

Mobil successfully drilled nearby Kelp also in 1998 , they put a whopping 10.5 - 14 tcf (up to 2.3 billion boe) bigger than Sunrise and Chuditch put together a.t.t

Shell planned to FLNG ships being built nearby in Korea , for Sunrise, Chuditch (plenty big enough for a standalone in their book, TL Gov would not permit, Shell moved Chuditch on (still an Australian license at this point) the Norwegians and partner that took it, also wanted to FLNG Chuditch (all fell away into the ether)

Until Sundergas awarded NON TENDER Chuditch Nov 2019 for services rendered, setting up the local industry and training since 2016 , long before Boil (Now Sunda Energy) enter the fray , failing to RTO Sundagas but taking an initial

33% Sundagas (25% Chuditch) and the rest is history.........

Upshot, SM Shell, it's big, it's only going to get bigger, after drilling additional 100% COS development to production wells, their plan for the local FLNG ships, where up to 26/28 wellheads per ship on standalone stations.........GLA

Drill baby Drill...............

As a wise man once said

"Build it and they will come"

Tasi Mane a 23 year pipe dream , now becoming a funded "reality"

Https://timor-leste.gov.tl/?p=42156&lang=en

‘implementation of the Tasi Mane project on the country's southern coast’

and NOPE, me is still me...........

The funding now starting to roll.......GLA

Lastly, in accordance with the draft presented by the Minister of Petroleum and Mineral Resources, Francisco da Costa Monteiro, the Council of Ministers decided to authorise expenditure on the programme on ‘implementation of the Tasi Mane project on the country's southern coast’ in the amount of US$ 40,500,000. END

Not just us then ......... 🙄

(Pakistan) Foreign investors also complain about lengthy permitting processes and frequent regulatory changes. Project permits require numerous approvals from various agencies, and navigating red tape leads to delays that stall progress, further discouraging investment.

4th March

https://dialogue.earth/en/energy/pakistan-must-rebuild-chinese-investor-confidence-in-its-energy-transition/

https://ieefa.org/resources/pakistan-must-rebuild-chinese-investor-confidence-its-energy-transition

Must be something out there, working kitchen and there is a discovery , if you go to the coastline and the town place named Walvis , a decent onshore discovery made a while ago. Not saying we don't have any, it just needs to be found and PROVED, unlike the prolific ORANGE Basin, which is a gift that keeps on giving, also giving nothing to our pair of London Minnows.......GLA

Previous drills in our Walvis basin, have identified a working system BUT ZERO commercial discoveries to date.

If facts are rubbish , so be it, many, many discoveries in Namibia so far have given TPR/GBP zero lift this past 4 years of discoveries......GLALTH.

OB next door, now has over 20 billion barrels estimated in several discoveries and here we sit breathing with a snorkel in the sp basement...........

OB next door, now has over 20 billion barrels estimated in several discoveries and here we sit breathing with a snorkel in the sp basement...........

Will have little effect on TRP/GBP , just like the MANY other ORANGE Basin discoveries, we are not O.B

Will have zero effect on us a per all the MANY other ORANGE Basin discoveries, we are not in the O.B

Ignore labels and colours , all are a BEST GUESS and zilch to do with either MM's or Market, just a dimbo Algo used on all 3rd party sites like this one, ALL above what it thinks is current mid price = buy, ALL below = sell (never the case on either)

All exactly on its mid price , delayed trades (not black trades mm hocus pocus nonsense) or dimbo Algo sees outside of its current range = CHOKES = UNKNOWN

Its as simple and tragic as that, worlds markets only print TRADES, they see as both a buy and sell in all cases, so why label, so they don't...........GLALTH