Member Info for ifiknewidberich9

On return of value , remains as its been for over 4 years.......

Super Majors asset - Mega Multibagger in waiting

Stick with AB's plan, its always been to get Chuditch up and running, to fund his to be , mid tier Asian focused Gas company.

Be that, Chuditch revenues, or a sale at the right price of Sundagas (holds Chuditch license) , to fund Sunda Energy's PF and progress to his company plan for the future.

When he and his team broke away and set up Sundagas in 2016 , long before Boil came on the scene (2020) he had secured two ex Majors assets, Chuditch and another in Indonesia from Texaco (fell by the wayside) floating in 2018 in Singapore. Boil's snail paced BOD crucifixion set it all back.

He got his baby back and is now executing what he had planned back then, as posted many times over the years, his contacts list (seapex vice president) and association with Singapore (our expected funders) means he is the man for the job, big 2025 coming up..........

Remains a minnow holding 60% of a Super Majors fully mapped and discovery drilled asset. Sunda still playing catch up, expect GIIP and reserves only to grow over time and development/drilling. As Usain Bolt said in the advert after CH2

Big, just got BIGGER and better.........GLALTH

And as Meadow more briefly stated 😉😅

You would have thought so BUT, when taking an initial stake in Chuditch/Sundagas after a failed RTO 100%, it was on the back of Shells figures (whole license not part played catch up by boil/sunda) had listed as over 5 tcf (as big as sunrise) with many additional leads to the South/South West, Shell also having stated , expect Chuditch to be bigger than Sunrise after further development.

Due to the markets view, until a market/tl accepted processing path, all TL stranded gas and many years away, Chuditch has never been given anything in value, matching Woodsides $0.00c valuation of Sunrise 34% on its books.

Philippines BARMM region new and will take time to establish itself, as AP said, not currently looking at any early expenditure of note, should give us a boost but do not expect to much, as will also be viewed as future/long term asset.

As it's been for over 4 years, its Chuditch funding/drilling with a route to market, that will eventually give Sunda its big and long awaited breakout market correction rerate (not just another spike for those investing only traders,skimmers and scalpers) , to new higher MC levels on the journey for Investors. (old sp's worthless) GLALTH.

4 years of spikes, time for a rerate to a fair value, for a Super Majors fully mapped asset, given a 100% cos on any future Chuditch drills (Shell)

As said before, before all the force majure/impasse etc, Woodside 34% of Sunrise was on its books, pre gas prices boom at near $400m, so what is fair value for Sunda Energy 60% currently.

Be it our movement (deals done funds/rig secured) or Woodside puts its Sunrise back on the books at $400m+ (gas boomed since) , Sunda will have a hard market correction (not spike) sometime this year. 🤔

AP has thrown 500k of his own into keeping the company afloat, until new financial package arranged

Remains adamant, Diamonds are coming

Hanes Gold Revenues

Tajikistan Revenues plus new MOU to expand Vast footprint in country.

BP Fingers crossed has turned a corner, with higher grades being targeted, additionally court agreement

gives AP breathing space on associated debt repayments.

Said, he would be paid back when Vast in a position to do so, suggesting he will not grab back from the first profits/revenues, so as to keep Vast in a healthier position and progressing, not back to square one.

All in all, Vast potential for revenues, that are turning the all important some PROFITS in 2025

He just needs to break the habit of a lifetime and prove he's the man for the job, without regular Crucifixion of of his long suffering shareholders. GLALTH.

Hell of a high risk/reward punt if so.

That has been said of him for a looooooooooooooooooooooooooooooooooooooong time, it was posted a while back, he is in the Telegram group or was and said himself, he did not know anymore than the rest of us.

In this sector, can rarely rely on a quick result (deadlines always missed) , last reading the process completed, so it's just a matter of when , not if. This week/month, when the Ministry are happy, all is good to release it. GLA

From December

Philippines: Boom time for oil, gas, coal exploration

Highlights

50 companies have shown interest in exploring new possible oil, gas and coal deposits. For decades, security concerns and limited investments have hampered oil and gas exploration efforts in the Asian country.

One estimate states that only about 10 per cent of the country's territory has viable geological data that can be useful for oil and gas exploration.

The country is pushing a multi-pronged strategy to sustain the peace and bolster investments to unlock the investment potential for its energy sector.

Manila: Oil and gas exploration in the Philippines is getting re-ignited. To this list, add coal too. This renewed interest in fossil fuels could usher in fresh multi-million investments, which could bolster the country's energy security.

Several projects are underway, spearheaded by the Department of Energy

Presume the delay with the other blocks, some of the earlier releases, suggested all successful bidders would be announced (together?) at the end of the selection process, which was expected to be late/end of 2024.

Philippines , always been in the bag , subject to conditions/screening process, as our consortium the only bidder for those two blocks and later passed to proceed to the next stage per ministry announcement, with the whole process expected to be concluded late 2024........

Announcement of all Philippines/Barmm bid round awards is now overdue and so imminent........GLALTH.

Likewise Wood have just completed studies for Sunrise, which are not new, been at least 4 lots done, that I know of over the years, all have come back positive, just the "crossing the trench" , cost/risk issue, been highlighted in all the earlier studies.

Timescale wise, why the urgency, could guess, its to do with the new MOU and Chuditch-Bayu-Natarbora pipeline.

Sunrise last labelled as 2032-2034, Chuditch 2028 production

Two weeks is a very short deadline, for a sector that is invariably not fast moving but our drill is getting closer every day.

Try reading the TR1 has increased from 248m in September 13.75% after share issues in Oct/Nov, just been lazy and not adjusted holding to new % earlier , until now.

TR1 moved up from 248m to 314m , been buying again

5. Date on which the threshold was crossed or reached vi: 15/01/2025

Deadline Application Submission: 31st January 2025, 17:00 hours local time.

Full list and short timescale

16th January 2025, VACANCY ANNOUNCEMENT: New Job Opportunities

31st January 2025, 17:00 hours local time.

https://www.timorgap.com/about-us/career-opportunities/vacancy-announcement-january-2025/

10 - Reservoir Engineer – One Position

Main Responsibilities: Responsible for evaluating and optimizing the performance of oil and gas reservoirs to maximize production and recovery. This involves conducting reservoir simulation studies, analysing production data, and developing forecast for reservoir performance. Work closely with geoscientists and drilling engineer is also responsible for monitoring well performance, conducting reservoir surveillance, and evaluating new technologies to enhance production efficiency. Analysing reservoir properties such as pressure, temperature, and fluid behaviour to ensure optimal extraction and production processes while minimizing environmental impacts.

Qualification and other Requirements: bachelor’s degree in petroleum engineering, reservoir engineering, or a related field is required. Basic knowledge of reservoir dynamics, fluid mechanics, and production optimizing techniques. Proficiency in reservoir simulation software and data analysis tools is essential. Experience with reservoir management, well testing, and enhanced oil recovery techniques is preferred.

9 Drilling Engineer – One Position

Main Responsibilities: responsible for designing, planning, and executing drilling operation for exploration and development wells. This includes developing detailed drilling programs that meet safety, environmental, and regulatory standards, ensuring smooth and efficient operations. Optimize drilling performance by analysing real-time data, evaluating rig performance, and suggesting improvements to ensure cost effective and safe drilling. Monitor critical drilling activities such as wellbore stability, drilling fluid properties, and mud logging data to guarantee well integrity and operational success. Additionally, strive to minimize risk while maximizing safety and efficiency. Qualification and Other requirements: bachelor’s degree in petroleum engineering. Strong understanding of drilling technologies, well design, and drilling fluid management is essential, alongside knowledge of various drilling techniques, including vertical directional, and horizontal drilling. Proficiency in petroleum engineering simulation software and data analysis tools is necessary to support operational decision. Experience in both offshore and onshore drilling environments is highly beneficial.

Timor Gap Noc latest vacancy recruitment announcement includes

5. Drafting & Pipeline Engineer – One Position

Main Responsibilities: The primary responsibility of this role is to create and refine pipeline designs and layouts based on project specifications and requirements. The role involves preparing pipeline drawings, schematics, and plans using relevant computer-aided design (CAD) software. Familiarity with a range of CAD software applications (e.g., CAD, DWG, SHP) applicable to both offshore and onshore pipeline projects is essential. Additionally, the position provides support to the pipeline team leader, manager, and director in daily operational activities related to pipeline project engineering and design.Qualification and Other Requirements: Candidates must hold a bachelor’s degree in mechanical engineering, Process Engineering, or an equivalent field. A minimum of 4 years of work experience with oil and gas pipeline projects (offshore and onshore) or the general oil and gas industry is required. Candidates should possess a solid understanding of international codes and practices related to pipeline operations in the oil and gas sector.

Senior Geologist – One Position

Main Responsibilities: conduct geophysics analysis and geological field mapping, including both detailed and regional reconnaissance. The role involves section logging, field sampling, and petrographic analysis, including the description of thin sections. Coordinate outsourced consultancy projects, such as micropaleontological and geochemical studies, as well as seismic interpretation. The position requires fieldwork in various locations as needed and close coordination with Joint Venture partners, stakeholders, Local Authorities, and the community. Assist the Geoscience Manager with geological work for the Exploration and Development unit and support the G&G technical team in site planning, design, and execution of geological mapping and geophysical exploration programs. Qualification and Other Requirements: Hold a degree in Geology, Geophysics, or a related field, with a strong understanding of Timor geology.

Senior Geophysics – One Position

Main Responsibilities: Responsible for acquisition, processing, and interpreting seismic data to asses’ subsurface structures and properties for exploration and development projects. This includes conduction seismic survey, analysing seismic, gravity, and magnetic data to identify potential oil and gas reservoir. Collaborate closely with geologist and engineers to integrate geophysical data into reservoir models, aiding in accurate drilling and production planning. Carry out geophysics work related to the Exploration and Development unit needs, assist G&G technical team for the site planning, design and execute geophysical exploration program. Qualification and Other Requirements: bachelor’s degree in geophysics. A deep understanding of seismic data processing, interpretation, and imaging technique is essenti

Went through a lot of hoops , to clear the balance sheet and remain on the market, must be something brewing in the background TBA soon , this week/month/year 🙄😂