Depends on which regional player tier1 - Super Majors comes in as JV operator, imagine Andy putting out an rns with , Inpex, ENI , Shell , TotalEnergies , Exxon , BP , as that new partner. Would go mental.
Nothing hidden, market only prints trades, all labels are a mid price based best guess.
In nearby Australian and Indonesian waters offshore , Inpex , TotalEnergies, Exxon, BP, ENI, Woodside, Santos, and many more, who will Andy get to bubble and boil, Sunda Energy over 1p ?
More likely it will , Shell had it originally and the Super Major gave follow on wells 100% cos, they drilled a 25m section , the next well is said to be in a 149m pay section, expected to greatly increase Shells gas figures, which for the whole license was over 5 tcf (850m boe), Boil have only played with about 25% of the license so far. Prospect of a big JV or kicked to the kerb by a returning Major for many millions.
The Global Helium Gas Market is anticipated to rise at a considerable rate during the forecast period, between 2024 and 2031.
According to the latest research, the global Helium Gas market size was valued at USD 5652.4 million in 2022 and is expected to expand at a CAGR of 22.58% during the forecast period, reaching USD 19178.84 million by 2028.
What are the factors driving the growth of the Helium Gas Market?
Growing demand for the below applications around the world has had a direct impact on the growth of the Helium Gas
Healthcare, Electronics & Semiconductors, Aerospace & Defense, Energy & Power, Others
https://www.linkedin.com/pulse/helium-gas-market-size-share-growth-report-2030-360marketupdates-vgnyc
Https://www.helium-one.com/helium/helium-market/
https://www.chemanalyst.com/Pricing-data/bulk-helium-1100#:~:text=The%20latest%20price%20of%20Helium,to%20high%20demand%20for%20helium.
Today - Helium HNT $3.54 up 7.23%
https://coinmarketcap.com/currencies/helium/
5,315,710,763 shares and a £50m market value is 0.90p, £100m 1.8p, neither much of a stretch for what Helium-1 has in the ground. Multiples of that once a JV to fast track production in play.
It's at the bottom of todays news announcement
This is a Reach announcement. Reach is an investor communication service aimed at assisting listed and unlisted (including AIM quoted) companies to distribute media only / non-regulatory news releases into the public domain. Information required to be notified under the AIM Rules for Companies, Market Abuse Regulation or other regulation would be disseminated as an RNS regulatory announcement and not on Reach.
Ignore the labels Frog, all are generated from this sites mid based algorithm, market does not label, buy/sell/unknown all a best guess.
Just as well we are not an Oiler then, just loaded full of pricey rare Helium and other Gasses
From out website
Shell’s “Greater Chuditch” Area, encompasses three structures that were mapped as having a common
closing contour at the level of the gas-water contact in the Chuditch-1 well. These are Chuditch, Chuditch West and Bilby (now renamed Chuditch North by SundaGas). Shell noted that they had set to zero the risks associated with trap, reservoir and charge for the Greater Chuditch closure (that is, the Geological Chance of Success is assumed to be 100%, with remaining uncertainty relating to volumes).
https://www.baronoilplc.com/wp-content/uploads/2020/02/Shell-analysis-of-Chuditch-potential.pdf
Someone posted the old bod had a 2-3p target before the last big dilution, which after would still be over 1p
Old , probably been posted before but just look at the names we are being linked with.
https://www.laohamutuk.org/Oil/Project/SO-19-16/231121ENBMuch%20bigger%20gas%20discovery%20seen%20offshore%20East%20Timor.pdf
At least new management got it to year 3 , it actually year 4/5, psc commenced late 2019
Drill or drop is Sunday, would expect news this week confirming drill, not leaving to Monday ?
Been reading on TRP and JA gets in essence free shares, he is their consultant with his other own company, big red flag, how do those conversations go, hey JA its time for this months meeting , ok JA , we had a latte and croissant , so better make this months fee 25k vice the normal 20k, too right JA, we should throw 75k of our monthly fees back on for shares later this year, yes JA that will look good to the mugs, you available the 3rd of next month, should not be a problem JA.
Why ? at least they are in the same boat and know far more than we do.
Plenty of carbon capture around in the area, this planned one makes Bayu look tiny. ENI said re thinking its field near Barossa as Bayu would not be able to handle both fields carbon, could divert to this one, as its offshore near Darwin.
3 other major Australian carbon developments planned in Northern Australia, both on and offshore.
https://totalenergies.com/media/news/press-releases/totalenergies-inpex-and-woodside-join-forces-develop-major-offshore-CO2-sequestration-project