Member Info for ifiknewidberich9

Every square inch has been done before, mostly 2d and some 3d including Kyranis which covered part of the Chuditch license. TGS for the 18 new license bid round also introduced its new 2d cubed, re ran all, at the time even a nice simulator tool you could play with yourself, the upgrade 2dc looks very

similar to 3d. Was available to all via London Zebra's TL data room , or directly (for a fee) from TGS

Been further new seismic planned (done?) so not short of it, Colin Murray presented at the first two Conferences, on ALL the available seismic, not

just Chuditch. BUT as said most old and re processed, upgraded to 2dc.

The TL Section of the Timor Sea itself is seismic (Timor trench up to 3500 deep and on the move) and subject to many small earthquakes, so having new data would give more confidence, seals etc still in place, eg Chuditch 2021-22? re-run was from part of the 2012/13 Kyranis survey not new data. Most of the rest of the entire region that TGS upgraded to 2d cubed, was even older.

At the early conference, it was described as the , hidden secrets it had revealed, to drum up business but the response to the bid round was garbage

only 9 bids on 7 of the 18 licenses (due to the long standing elephant in the room - where can it go) During the same period a Nigerian bid round of

52 licenses had over 1,600 bids..........

Closest you will get is Canada, print the two broker/finance houses involved in the trade. Which again shows prices are never what they seem.

Often trade labelled and the brokers involved , their own listed prices on the board ,do not match, the price of the trade was actually made at.

Playing discounts and premiums as they choose........

Those using colour codes, follow the same, all as much use as a chocolate fire guard.......making stats worthless also as all built on a 100%

set of GUESSWORK data labelling of TRADES published by the real exchanges, which do not label.

They see all TRADES as both a buy and a sell, so why label. Eg you the buyer via dma/broker from a seller mm/broker etc.

Offered the simple modern fix, to add REAL DATA at source, declined, choosing TRADITION over tech, so that in itself tells you, they

are quite happy to let 3rd parties confuse the issue, with its BEST GUESS labels and keep all in the dark to trading's true status.......GLA

If your on about the unknown labels, they are NOTHING to do with MM/Market, just 3rd party sites like this one ADDING A GUESS buy/sell/unknown

with the most 💩 algorithm going. Only the two parties involved in any trade (which is all the world markets print TRADES) know its true status

3rd party algo BEST GUESS , based on ITS now time for all and ITS now status for all

all above its mid = BUY ---------------never the case

all below its mid = SELL----------------ditto

all exactly on its mid, all delayed trades , or all seen outside of its current range status - CHOKES = UNKNOWN

Its as simple and tragic as that, no mm dark arts , dark trades , hocus pocus, just a crap 3rd party site algorithm.

Australian Press

In 2004, during negotiations over access to oil and gas in the Timor Sea, Australian spies bugged a room adjacent to the Timorese prime minister's office in the capital Dili, sparking a major diplomatic spat when the espionage came to light.

Mr Albanese said his government would take a different approach.

"It is the firm resolve of the Labor government I lead - and the Australian people I serve - that peace, mutual respect and shared prosperity continue to be the guiding principles of our shared future," he said.

Mr Albanese also announced a share of profits from the Timor Sea project would be poured into an infrastructure fund for the island nation.

The long-stalled Greater Sunrise project faces roadblocks because East Timor - also known as Timor-Leste - wants the rights to process the gas, while the companies running the development have long argued it would be cheaper to process it in Australia.

After talks between Mr Albanese and Prime Minister Xanana Gusmao on Wednesday, the two leaders said they shared an "ambition for Greater Sunrise to be developed as soon as possible".

"Australia acknowledges Timor-Leste's commitment to onshore processing," the leaders said in a joint declaration.

"Australia will support any commercially viable solution to develop Greater Sunrise."

Speaking after the pair's meeting, Mr Gusmao said he'd impressed on Mr Albanese the importance of gas being processed onshore in East Timor.

"This is essential for our national development," he told reporters in Dili.

Mr Albanese said there were commercial issues involved in the negotiations, but the federal government would have oversight over the project.

The fact Santos talk about Jacko Bore (was mt kitty) and Horizontal through the reservoir (in my experience 5-12 times vertical flow rates) and GEX

now mentioned as thinking of fracking, probably again with H v V well section. The prospect of much higher early production at Hussar, would bode

well for an early divi

Mike

Reserve judgement on that one, until more details revealed about the offtake agreements, at the wellhead prices/world prices remain high/stable, timescale payback rate for Harlequin, or just a fixed % of production revenues until payed etc.

Bigger the flows, the more chance of early dividend, even as you say, end of first annual production. Plus the old chestnut, BOD change their minds,

as an opportunity, that can't be missed comes along, so soz we are using production windfall for that, this time around.

Been in all those scenario's over the years, its why I never have a thought for any ceo or bod, most are 🤡🤡🤡 especially on the lower market.

Only ever invest in the potential of fact based assets, they will do the talking in the end, no matter what the chuckle brothers have done, to finally get a mine to production or oil and gas to market............GLALTH.

Nope, everything for 24 years has been dependent on someone paying to build refineries in Timor Leste

or TL gov allowing oil and gas to go elsewhere.

No facilities, drill and its just another worthless puddle in the ground, with nowhere to go........

still waiting

1974 Sunrise and Troubadour (Greater Sunrise) Shell , Conoco Phillips , Woodside

1998 Chuditch - Shell

1998 Kelp - ExxonMOBIL

Kelp given an initial rating by Mobil of 10.5 to 14.5 TCF, bigger than GS and Chuditch put together. Gusmao and Horta turned down Darwin and

Shells FLNG ships, so they departed frustrated, told it all comes to the Island.

They build, the floodgates open , the majors return , probably, and they all finally get monetised.

Boil now SNDA , had plans to FPSO, note how that has been kicked to the kerb for Gusmao's decree law, of all going to the Island.

More recently, Japan , Qatar and others have offered assistance, so it will happen one day, once TL get over its obsession with Sunrise/OZ

first, last and always..........

Nothing to stop them building with Japan/other and flowing Chuditch and Monster Kelp etc, where no Maritime boundary or ownership haggles exist.

the company has agreed to issue the broker, axis capital markets limited, warrants over 42,613,636 new ordinary shares for arranging the subscription ("broker warrants"). the period of the broker warrants will be three years at a strike price of 0.044p per share (representing a premium of 100% to the subscription price).

this is what they like, sure as **** is ****, the brokers will see their payday at over 0.044p

Jacko Bore (was Mt Kitty)

Should be very much the case, news flow through 2026/2027

Hussar

Mt Winter

CP deal progress

Jacko Bore (drill with Santos Mid 2027)

Dukas

📰👀👀👀👀👀👀

Australia would also establish an Infrastructure Fund to be used in Timor-Leste and allocate to it a fixed ten per cent share of total States’ upstream revenue from the Greater Sunrise project, funded entirely from Australia’s share of future revenue. Australia would establish the Fund once any commercially viable solution proposed by the commercial parties is agreed by the States consistent with the requirements of the Maritime Boundary Treaty. This commitment will see at least a third of Australia’s revenue from the project being provided to Timor-Leste via the Infrastructure Fund.

Dili, January 28th, 2026

Joint Declaration on Establishing a

Parseria Foun ba Era Foun (New Partnership for a New Era)

between the Government of the Democratic Republic of Timor-Leste and the Government of Australia

1. Timor-Leste and Australia are partners and neighbours with a shared history, values, region and future. Recognising the strength of the partnership, His Excellency Kay Rala Xanana Gusmão, Prime Minister of Timor-Leste and the Honourable Anthony Albanese MP, Prime Minister of Australia decide to establish a Parseria Foun ba Era Foun (“Parseria”), which is Tetum for a New Partnership for a New Era. In declaring the Parseria, both Governments commit to ongoing cooperation, consultation and mutual respect for national sovereignty.

https://timor-leste.gov.tl/?p=47100&lang=en

13. As with past experience during management of the Joint Petroleum Development Area, Australia will assist Timor-Leste by sharing, through its relevant departments and regulatory agencies, technical and regulatory knowledge on health, safety, environmental and other relevant subjects. Australia would also establish an Infrastructure Fund to be used in Timor-Leste and allocate to it a fixed ten per cent share of total States’ upstream revenue from the Greater Sunrise project, funded entirely from Australia’s share of future revenue. Australia would establish the Fund once any commercially viable solution proposed by the commercial parties is agreed by the States consistent with the requirements of the Maritime Boundary Treaty. This commitment will see at least a third of Australia’s revenue from the project being provided to Timor-Leste via the Infrastructure Fund. The Fund would be established and co-designed in the spirit of partnership, with respect for Timor-Leste’s sovereignty and the importance of an established and mutually-endorsed LNG operator for Greater Sunrise.

Pillar Two: Prosperity and Resilience

10. Australia and Timor-Leste share an ambition for Greater Sunrise to be developed as soon as possible for the benefit of both States as envisioned by the historic Maritime Boundary Treaty. Guided by the same spirit of friendship and cooperation in which we agreed the Treaty and facilitated the Sunrise Joint Venture’s carrying out of the historic independent Concept Study in 2024, Australia and Timor-Leste commit to working closely together and with the Sunrise Joint Venture in good faith to develop an ambitious timeline to conclude the Petroleum Mining Code, Greater Sunrise Production Sharing Contract, and fiscal regime framework required under the Maritime Boundary Treaty, thus enabling concrete progress towards development of the resource. Australia’s Minister for Resources and Timor-Leste’s Minister for Petroleum and Mineral Resources further commit to close bilateral engagement, over the coming months, to directly oversee accelerated negotiations to finalise the above documents expeditiously.

11. Noting the Concept Study and the importance of Timor-Leste’s economic resilience, Australia and Timor-Leste encourage the Sunrise Joint Venture to make use of the Study and present to the States as soon as possible a Development Concept proposal for Greater Sunrise that can satisfy the requirements of the Maritime Boundary Treaty. We also commit to supporting the Sunrise Joint Venture to progress the project swiftly upon the States’ approval of a single Development Concept.

12. Australia acknowledges Timor-Leste's commitment to onshore processing and to the south coast Tasi Mane project. Australia will support any commercially viable solution to develop Greater Sunrise proposed by the Sunrise Joint Venture consistent with the Maritime Boundary Treaty. This is critical to advance our shared goal of ensuring the project supports economic diversification in Timor-Leste and delivers long-term sustainable socio-economic benefits for its people. Development of Greater Sunrise should support the economic, political and social stability of Timor-Leste, to which Australia is strongly committed. A stable, independent and prosperous Timor-Leste will be a beacon for other States in the region and is important to Australia.

To earlier poster NOPE, the International standard over recent years has been 1 TCF = 170 to 178mboe

5.3 tcf - 901mboe - 943mboe

Greater Sunrise also includes the Troubadour field next door to Sunrise, it is estimated at around 220mb of premium condensate.

And just remember when Shell had both, they thought Chuditch would end up bigger than Sunrise on full development, SNDA have only played

with part of the license, Shell played with all 3572 sq km, noting more leads to the South and South West, additionally they reported Chuditch

as over 5 tcf for Chuditch , Wombat and Bilby (now Chud N , Chud SW) and suspected all 3 may be linked in which case it may be double that.

The many extra leads one being Bandicoot, was on the limited area Boil/SNDA seismic re-run catching its edge, now named Quokka ? if I recall.

So once the action starts, the size and reserves of Chuditch will just grow and grow , to catch up with the $27m worth of work done by Shell back then

((around $55 million in 2026 money))

CH-1 drilled into a reservoir edge with a depth of 25, from seismic CH-2 location is into 150 , six times thicker reservoir, again the reserves rating for Chuditch should GROW much bigger on post drill analysis........GLALTH

Reuters........

According to excerpts of his speech shared in advance, Albanese will recall cooperation between Timorese and Australian soldiers during the World War Two as an example of the history and values that make the two nations friends.

"We look towards a shared future. A new deeper partnership in security, IN ENERGY and economic resilience," he is expected to tell the parliament.

Ramos-Horta said last month he was confident a major gas project would be developed with Australia after decades of delays.

Australia's Woodside Energy (WDS.AX), opens new tab and East Timor agreed in December to study a 5 million metric ton project at the Greater Sunrise fields, an area containing an estimated 5.1 trillion cubic feet of gas that Australia has been discussing, initially with Indonesia, since the 1980s.

Tomorrow could be a big day for Chuditch, if Australia commits to TL plans for its onshore refineries plans.

Not just Sunrise that will have a home to flow to.......GLALTH

OZ , or RKH from 5p to $5.72 on the Sealion 500mbo , Gex have bigger reservoirs to drill.........GLA

Buy , sell , unknown are nothing to do with mm/market, just the fcuk ing useless GUESSWORK ALGORITHM that adds it on sites like this one.

The worlds markets label NOTHING

T.W 😂🤣😂

That would make a change he normally only talks grade A ⚽🔓🔓's