Member Info for ifiknewidberich9

Also a Cabinet meeting this morning , minutes to follow.

hold the bus , Portuguese version just dropped in, nothing great for us, one related item Environmental licenses

The Council of Ministers met at the Government Palace in Dili and approved the draft Government Decree, presented by the Deputy Prime Minister, Coordinating Minister for Economic Affairs and Minister for Tourism and Environment, Francisco Kalbuadi Lay, which establishes the fees due within the scope of the environmental licensing procedure .

https://timor-leste.gov.tl/?p=41773&lang=pt

Japan INPEX in the House

https://timor-leste.gov.tl/?p=41767&lang=en&n=1

representative of the Japanese oil company INPEX in Timor-Leste, Yosuke Ueda, and his team, to continue the strategic dialogue on the development of the Greater Sunrise Project and the development opportunities on the South Coast of Timor-Leste.

opportunities south coast = Natarbora , Oil refinery , 2 x LNG and a Petro Chemicals plant.........

Chuditch - Bayu - Natarbora MOU.............

The INPEX representative highlighted the company's capabilities and infrastructure, including Ichthys LNG's onshore gas liquefaction facilities in Darwin, and expressed interest in contributing to the development of Greater Sunrise. The meeting ended with a commitment from both sides to keep the dialog open and explore future opportunities for collaboration within the framework of the project.

During the meeting, the INPEX representative expressed his wishes for a prosperous New Year and thanked the Presidency of the Council of Ministers for its support over the past year, bearing in mind that the company opened an office in Timor-Leste in June last year. The company reaffirmed its interest in participating in the development of the Greater Sunrise Project, and the state of play of the project was discussed. Minister Agio Pereira reiterated that Timor-Leste is open to collaboration with international companies in the realization of the Greater Sunrise Project, stressing that the country's membership of ASEAN will strengthen dialogue with other member States and expand opportunities for economic development.

The Minister of the Presidency of the Council of Ministers and Interlocutor in the Greater Sunrise discussions, Agio Pereira, met on February 4th, 2025, at the Government Palace, with the representative of the Japanese oil company INPEX in Timor-Leste, Yosuke Ueda, and his team, to continue the strategic dialogue on the development of the Greater Sunrise Project and the development opportunities on the South Coast of Timor-Leste.

Interlocutor in Greater Sunrise Discussions, Agio Pereira, Meets with INPEX Oil Representative

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Wed. 05 of February of 2025, 08:43h

Https://en.trend.az/casia/tajikistan/4000745.html

With AP positioned within, sat on conference panel recently, talking both Mining and Energy, since Taj announced ramping up all and moving into additional , Antimony , Lithium and REE, known deposits development. AP also announced in December an MOU with the Gov to expand its footprint in country, as well as assist, getting more foreign investments in.......... 👍

📰👀👀👀👀👀👀👀👀👀👀

Although multiple rigs are currently available to drill the NJOM-3 well in 2025, the exact timing of the well will now depend on the timing of the government approval for the Thali farm-out transaction, as well as government approval for an extension to the First Exploration Period from the current date of 4 February 2025. ( ***TODAY***)

RNA Update 10th Jan 2025

Although multiple rigs are currently available to drill the NJOM-3 well in 2025, the exact timing of the well will now depend on the timing of the government approval for the Thali farm-out transaction, as well as government approval for an extension to the First Exploration Period from the current date of 4 February 2025.

So extension RNA update along with potential rig slot , both imminent/due........ 👍

Must be imminent on that point , extension of the First Exploration Period of the Thali production-sharing contract (the "PSC") to 4th February 2025 (Tomorrow) or was a further extension made (if so not seeing it?)

8 February 2024

Tower Resources plc

("Tower" or the "Company")

Extension of First Exploration Period of Thali License in Cameroon

Tower Resources plc (AIM: TRP), the AIM-listed oil and gas company focused on Africa, is pleased to announce that it has received formal notification from the Minister of Mines, Industry and Technological Development in Cameroon ("MINMIDT") of the extension of the First Exploration Period of the Thali production-sharing contract (the "PSC") to 4th February 2025, in accordance with the Company's PSC and the Cameroon Petroleum Code, and with the approval of the President of the Republic of Cameroon.

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

Likewise the ref to Bayu Undan Region (not just the platform) Santos own ops on Area R (Wider Bayu license unexplored) and same could be said for a potential pipeline from our Chuditch license crossing Area R and on to the platform at B-U.

Better written article today......Weststar - although still missing an AND - and supporting

Looking ahead, the company is eyeing further growth, with potential expansion into the Greater Sunrise field, supporting projects for ENI and Sunda Gas.

https://www.helihub.com/2025/02/03/weststar-jv-wins-santos-contract-in-east-timor/

Https://media1.giphy.com/media/v1.Y2lkPTc5MGI3NjExZHhqa2d3YnUwY3UyaXJ4cTJkcGx6cWE3OW8zb252ejc2ZTFoeXo4YSZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw/CJN2cdXD51Q2c/giphy.gif

Suai port is the home to additional shipborne support for offshore operations, Suai Airport, aka Kay Rala Xanana Gusmao International Airport is just to the North of the port. Bayu and beyond, plenty of support in place for current and future operations.......

TIMOR GAP built Jet A-1 depot facility within Suai Airport to supply aviation fuel to aircraft for operators servicing the offshore industry. The depot consists of two fuel tanks with a capacity of 60kl each, manufactured by Austank. In the foreseeable future, TIMOR GAP will be looking for an opportunity to expand this business at the other airports including Oecusse Airport and Dili in parallel with the planned Airport renovations.👍

Ed

A very fair assessment, last time poo burst well over $100, the USA was highest rated at $12.50 pb, actual asset sales at the time going through at $7-8 pb reserves ratings. While bottom end of the scale was Iraq/Syria at a lowly $2/$4 a barrel.

Your $6 would/should be very realistic for our location.

Never just about the possible figures and poo, its usually proven reserves only x poo x regional risk factor =

In all cases TRP, grossly undervalued by market cap for its 3 assets...... 🤔

Https://timor-leste.gov.tl/?p=41695&n=1&lang=pt

https://timor-leste.gov.tl/?p=41705&n=1&lang=pt

Part 2

During his visit, the Malaysian Government witnessed the signing of a contract for the provision of air transport services between Weststar-GAP Aviation LDA and the oil company Santos Limited. This agreement aims to support Santos' offshore operations in the Bayu-Undan region, through the use of two Leonardo AW189 helicopters for crew transport and evacuation operations between Dili, Timor-Leste, and Darwin, Australia. The signing ceremony took place at the Timor Hotel in Dili and was attended by the Minister of Petroleum and Mineral Resources, Francisco Monteiro, the Minister of Transport and Communications, Miguel Manetelu, and the Minister of Trade and Industry, Filipus Nino Pereira. Also present was the Executive Vice-President of the Australian company Santos Energy, Vince Santostefano. Deputy Prime Minister Francisco Kalbuadi Lay accompanied Minister Tengku Zafrul Abdul Aziz and his delegation to the President Nicolau Lobato International Airport at the end of the official visit. Both governments expressed satisfaction with the progress achieved and reiterated their commitment to continue strengthening bilateral cooperation in key areas for the sustainable development of Timor-Leste.

2nd story on Malaysian's visit again translated , English available soon.......

Visit by Malaysian Minister of Investment, Trade and Industry strengthens economic cooperation with Timor-Leste

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Mon, 03 February 2025, 10:11am

Malaysia’s Minister of Investment, Trade and Industry, Tengku Datuk Seri Utama Zafrul Abdul Aziz, paid an official visit to Timor-Leste on 30 and 31 January, with the aim of strengthening bilateral cooperation in strategic areas. During his stay, in addition to meetings with the Prime Minister and other members of the Government, Tengku Zafrul Aziz witnessed the signing of an agreement between Weststar-GAP Aviation, a joint venture between Timor GAP and Malaysian company Weststar Aviation Services, with Santos, for helicopter transport services to support oil operations. The Malaysian delegation, also comprising Weststar Group Chief Executive Officer Tan Sri Dr Syed Azman Syed Ibrahim, was received at President Nicolau Lobato International Airport by Deputy Prime Minister and Coordinating Minister for Economic Affairs, Minister of Tourism and Environment, Francisco Kalbuadi Lay, and the Malaysian Ambassador to Timor-Leste, Datuk Amarjit Singh Sarjit Singh. On the afternoon of Friday, January 31, Prime Minister Kay Rala Xanana Gusmão received Minister Tengku Zafrul Aziz at the Government Palace, where they discussed opportunities for cooperation to boost national development, as well as Malaysia’s continued support for Timor-Leste’s full membership process in ASEAN.

Translated from the Portuguese section, English available soon.

https://timor-leste.gov.tl/?p=41705&n=1&lang=en