Member Info for Jarv55

Are the Aussies loading up here?

Hopingforbags do you think Baron could be a Jv partner on the FLNG?

Shorts are closing on Spreadex

https://12ft.io/proxy?q=https%3A%2F%2Fwww.upstreamonline.com%2Ffield-development%2Ftimor-leste-flng-concept-being-matured-for-shallow-water-field%2F2-1-1340292 If you want to read it

https://www.upstreamonline.com/field-development/timor-leste-flng-concept-being-matured-for-shallow-water-field/2-1-1340292

maybe warrants are being exercised.

mms had to close their short at 1.60 the gap that has been done.

32. Do you still think there is a possibility that Chuditch is being fed through the Melita Graben and has your view changed on that at all?
33. Are you more confident to drill now with the recent upgrades seen on the 3d results?

Boil Investors Group Questions

1. With one drill only being needed now to de-risk Chuditch do Baron envisage keeping a higher percentage of the asset?
2. What is the condensate value of the asset we did not see this in the report?
3. How many parties are in the data room?
4. How do you intend to fund the drill will it be part placing and part JV?
5. Do you intend to make further acquisitions?
6. We have heard little on Dunrobin and have noted RBD do not have Dunrobin on their website, are they still operator and what are your plans for Dunrobin.
7. Do you intend to invest further into the North Sea?
8. Would you consider selling Dunrobin to help finance Chuditch?
9. Are you having ongoing discussion regarding the CCS with Santos and Eni?
10. Do our gas prospects cross over into block P that belongs to Eni?
11. Do we have any indication of oil prospects as well as gas in any of the targets at Chuditch?
12. How do you see shareholders value being delivered?
13. How many warrants are outstanding?
14. What value do you put on the company right now?
15. Would you consider an outright sale if the price was right?
16. The recent brokers not valued us far higher than we are now, will another one be issued with the increased resources?
17. Have you had any indications of institutional interest?
18. Quokka was specifically mentioned in the rns does this cross over into the Santos block?
19. Are you in talks with Santos and Eni for carbon capture?
20. With the pressure on gas prices due to the Russian conflict what other countries are interested in Chuditch?
21. You have stated the quickest route for commercialisation of the gas will be a FLNG are you in discussion already for this?
22. If TL decide to engage with China rather than Australia would that have an impact on Chuditch?
23. Due to the new upgraded 3d results will you now be doing roadshows to gain institutional interest or will you wait for the CPR to complete?
24. How long will the CPR take to complete?
25. As Barons assets progress would you consider giving investors more information through a Q and A session quarterly or Zoom meetings?
26. Will you be doing an interview with Proactive to update the market on progress so far?
27. The timeline for our decision to drill has been extended until June 2023 what are the terms of the PSC and net value to Baron?
28. Do you think Baron is presently undervalued?
29. Are any of the companies in the data room considering taking equity in Boil?
30. What is your preferred route to funding would you consider using a banking facility similar to the one Sundagas has in place?
31. You have a good relationship with the TL government will they be supportive of a FLNG option for Chuditch?
32. Do you still think there is

We have bought a lot of questions together to be asked will post here when completed

Well that is the gap on the chart filled

To the lengths get your questions in I want to know if we only need one drill to derisk would we now keep more of the asset. Are they looking at other assets, are the Aussies interested in the Assets, how many parties are in the data room?
Baron expects to be in a position to provide a comprehensive update on the interpretation of the 3D seismic data along with progress being made elsewhere on the Chuditch PSC project on or before 26 October 2022. Following this update announcement and as previously outlined, Baron will hold an investor webinar for existing and potential new shareholders at 6.00 p.m. (London time) on 26 October 2022.

Those wishing to attend should register via the following link after which they will be provided with log in details:

https://us02web.zoom.us/webinar/register/WN_B-Rp7LJDRbGzCLh8IqIkag

There will be the opportunity for participants to ask questions at the end of the presentation. Questions can also be emailed to baronoil@investor-focus.co.uk ahead of the presentation.

There will be more details in the Webinar

Those dumping are not lengths they are traders

We are due news on Dunrobin as well. not much noise about that one they could sell that on and fund Chuditch out of that.

The report does not include the condensate or the condensate yield.

armout

The Company continues to evaluate options to secure further investment for the Chuditch project, including an ongoing farmout process, which is accelerating with the availability of the revised interpretation. The Company remains in talks with multiple potentially interested parties.

The combination of the PSC extension, availability of the new reprocessed 3D seismic data, and the external validation of Resources that are to be provided via the CPR will be of significant benefit to this process as we move into 2023.

Investor Webinar

Baron will hold an investor webinar for existing and potential shareholders at 6.00 p.m. (London time) on 26 October 2022.

Those wishing to attend should register via the following link after which they will be provided with log in details:

https://us02web.zoom.us/webinar/register/WN_B-Rp7LJDRbGzCLh8IqIkag

There will be the opportunity for participants to ask questions at the end of the presentation. Questions can also be emailed to baronoil@investor-focus.co.uk ahead of the presentation.

Multiple potential export solutions for gas have been previously identified which are not dependent on any single concept or route. The fastest development and export option is expected to be to utilise a hybrid floating and platform LNG system, which does not require export pipelines or border crossings.

A revision of the Chuditch engineering concept study has commenced. It is anticipated that this work will illustrate and quantify a fast-track development pathway that targets first production in 2028.

Management estimates of project economics continue to be attractive at current and long term average gas prices in Asia.

Development strategies for handling carbon dioxide could include Carbon Capture and Storage ("CCS") at Bayu-Undan or for disposal within the Chuditch PSC. SundaGas aspires to achieve net zero LNG through long term supply arrangements with buyers that have an effective Scope 3 strategy.

Other Chuditch PSC Matters

PSC Extension

As announced on 18 October 2022, SundaGas was granted a six-month extension to Contract Year Two of the PSC which now expires on or before 18 June 2023.

Development and gas commercialisation

As the preliminary subsurface interpretation is indicating an uncomplicated structural configuration for Chuditch, and subject to an ongoing revision of the Chuditch engineering concept study, a simpler field development concept is likely. The apparent increase in gas resources in the Chuditch-1 discovery itself suggests that a single appraisal well will suffice to determine commerciality of the project without the need for immediate follow-on exploration wells.

Technical Update

Preliminary interpretation of the Chuditch PSC reprocessed 3D seismic data is leading to significant increases in management's aggregate Gas-in-Place and Recoverable Gas Resource estimates (the "Update") compared to the previous independent Prospective Resource estimates by THREE60 Energy (the "2021 Report", 14 July 2021).

The preliminary interpretation has led to a significant uplift in seismic imaging quality and has significantly reduced subsurface risk. Mapping indicates a greater concentration of resources into the Chuditch-1 discovery in a simplified and robust structure with relatively high gas recovery expected. The adjacent prospectivity has evolved; its understanding is now more robust, including confirmation of leads extending onto the 3D seismic data area.

Consultancy group ERCE has been engaged to prepare a CPR to provide an independent validation of Baron's internal resource estimates to a SPE PRMS compliant standard, which will include a probabilistic estimate of Resources and revised risk factors.