Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Empire...flare looks brighter than in January...but who knows!
https://apps.sentinel-hub.com/eo-browser/?zoom=17&lat=-16.70015&lng=135.10026&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-08-06T00%3A00%3A00.000Z&toTime=2023-08-06T23%3A59%3A59.999Z&layerId=2_FALSE_COLOR&demSource3D=%22MAPZEN%22
Kyalla today...more changes
https://apps.sentinel-hub.com/eo-browser/?zoom=16&lat=-16.84271&lng=133.65362&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-07-17T00%3A00%3A00.000Z&toTime=2023-07-17T23%3A59%3A59.999Z&layerId=1_TRUE_COLOR&demSource3D=%22MAPZEN%22
Amungee - looks like no flare
https://apps.sentinel-hub.com/eo-browser/?zoom=16&lat=-16.34408&lng=133.88459&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-07-17T00%3A00%3A00.000Z&toTime=2023-07-17T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22
This shot is a few days old, but there is some activity at Kayalla.
https://apps.sentinel-hub.com/eo-browser/?zoom=16&lat=-16.84271&lng=133.65362&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-07-07T00%3A00%3A00.000Z&toTime=2023-07-07T23%3A59%3A59.999Z&layerId=1_TRUE_COLOR&demSource3D=%22MAPZEN%22
As of last week, this is more than likely the new rig.
https://www.facebook.com/ExpressCargoServices/posts/pfbid02r8o6JdTGU6Xr5NDTCoFmPLHdRaQcRm8fH13fTUdpBamTTswYdNKA8aVt1dLYaKKdl
Here is for your viewing pleasure. No flare yet. :-)
https://apps.sentinel-hub.com/eo-browser/?zoom=16&lat=-16.84271&lng=133.65362&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-06-27T00%3A00%3A00.000Z&toTime=2023-06-27T23%3A59%3A59.999Z&layerId=1_TRUE_COLOR&demSource3D=%22MAPZEN%22
Tamboran secures exclusivity over compression and mini-LNG facilities for
potential early Beetaloo production
Highlights
• Tamboran Resources (Tamboran) has entered into a Framework Agreement with the Clean
Energy Fuels Australia (CEFA) group of companies including Clean Energy Fuels Australia
Marketing Pty Ltd (CEFAM) to obtain exclusivity over gas compression and liquefaction facilities
for potential early production from the Beetaloo Basin.
• These facilities have the potential to accelerate gas production and minimise flaring from
appraisal wells under the Northern Territory's "beneficial use of gas" regulation as early as 2024,
subject to standard regulatory, stakeholder and joint venture consents and approvals.
• The parties will work together to finalise a contract for long term use of the compression and gas
conditioning facility for the proposed pilot development. Exclusivity will last until the end of 2023
when the parties expect to move into longer term arrangements.
• The existing compression facilities can be expanded to utilise any available capacity in either the
Amadeus Gas Pipeline (AGP) or McArthur River Pipeline (MRP).
• Tamboran has also secured exclusivity over a mini-LNG facility for four months, which could be
deployed to supply remote NT communities or mines by the end of 2024, subject to approvals.
• The supply of LNG into the region aims to provide a cleaner and economic alternative to diesel
for electricity generation and fuel in the transport and mining industries. This is in line with the
Federal Government's Clean Energy Regulations “Emissions Reduction Guidelines”.
Tamboran Resources Limited (ASX: TBN) Managing Director and CEO, Joel Riddle, said:
“Securing exclusivity over these facilities is a significant step towards achieving first production from the
Beetaloo Basin and providing low reservoir CO2 gas to local communities and industry that are currently
reliant on diesel for fuel and electricity generation.
"We have committed to the Northern Territory Government to deliver early gas from the Beetaloo Basin to
the domestic NT market. This is the first step in fulfilling our promise to provide these remote communities
with alternative affordable and cleaner fuel.
https://hotcopper.com.au/threads/ann-tamboran-enters-framework-agreement-with-cefa-facilities.7439080/
They're our drilling neighbours. They win, we win.
https://www.youtube.com/watch?v=UBN-_VuXX_o
CARPENTARIA-2H FLOW TESTING COMPLETE FOLLOWING
CONTINUED STRONG GAS RATES
• Carpentaria-2H (“C-2H”) has produced a total of 323 Terajoules (“TJ”) (281 mmscf)
over 127 days
• Gas composition has remained consistent with high calorific value and extremely low CO2
• This equates to a normalized rate of 2.75 TJ (2.4 mmscf) per day per 1,000 metres for
the entire test period
• The post-soak 2023 IP30 is now confirmed at 3.5 TJ (3.0 mmscf) per day per 1,000
metres following updated gas composition analysis
• C-2H has been shut-in for availability as a future gas producer
• Carpentaria-3H (“C-3H”) will be reopened for flow testing once the soak period concludes
• Development planning for pilot project final investment decision continues. Multiple parties
are expressing strong interest in purchasing Empire’s Beetaloo gas in both the pilot phase
and full development phase
• NSAI updated resources report on track to be released prior to 30 May 2023 AGM
EMPIRE ENERGY GROUP LTD
ABN 29 002 148 361
Level 5, 6-10 O’Connell Street Sydney NSW 2000
T: +61 2 9251 1846
F: +61 2 9251 0244
E: info@empiregp.net
ASX: EEG
Comments from Managing Director Alex Underwood:
"We are pleased to share the continued strong gas flow rates achieved at C-2H as they provide
further confidence that an economic development in EP187 may be achievable.
The cumulative production of 323 TJ over 127 days from C-2H would equate to over 1,000 TJ
cumulative production for an equivalent 3km horizontal development well over the same period. This
is despite the unoptimized nature of the C-2H well that has tested multiple completion
methodologies. If we assumed a gas price of $10 / GJ, which is less than half the spot price at
Wallumbilla on 22nd May 2023, on this basis an equivalent 3km development well could generate
over $10 million in gross revenue (before royalties) over an equivalent first 127 days of commercial
production without any further well optimization (see Appendix B for further details). Such a level of
gross revenue so early in the life of development wells may support field level economics.
Following recent regulatory implementation by the NT Government giving the Beetaloo a ‘green light’
to move into commercial production, and an extremely tight domestic gas market, line of sight
towards commercialisation is getting clearer by the day.”
https://app.sharelinktechnologies.com/announcement/asx/6fbcdeee86a43f829beef4bfb8429aab
Here is the article on that story.
https://www.abc.net.au/news/2023-05-16/marion-scrymgour-nt-beetaloo-basin-fracking-water-concern/102351558
This is a new release, but I can only find it on subscribers only links. The title sounds more ominous, but it says only 1 MP. Won't be any permits issued till next year anyways.
https://www.facebook.com/photo?fbid=801521514656822&set=a.466942404781403
Conversation with Alex Underwood.
https://www.finnewsnetwork.com.au/archives/finance_news_network405074.html
Manison urged opponents who signed an advert by the left-leaning Australia Institute against fracking to be “practical” about the issue.
“I would ask them, would you prefer to see your base load power being produced from a coal-fired power station or a gas fired power station? Which one is going to help you tackle the issue of climate change sooner?
“I can tell you now the answer is not coal-fired power stations. I would ask these people from down south, from the big capital cities, to think deeply about that, but also to let the NT government manage our own affairs here in the NT.”