Member Info for kmjliveson

Apparently nothing, again, now, is going to happen with the share price until we have FID on the pilot and are funded and all dilution, etc. issues are understood by the market for the near and longer term (longer term will mean buyout. . .). Then we must successfully move into the Pilot and get same results or better like we just saw this area can produce. Seems to me this is by far, by far, the very best time to get into Falcon, unlike so many of us here who have been hanging in forever! Let's see what POQ/management pulls out of the hat for this next all important phase funding; this is where he earns his big paycheck, etc. Kind of sucks because I also was hoping for at least a move into the US 20 something cents range on this news. But there is no doubt, the next 6 - 12 - 18 - 24 months will be exciting! Also, at some point in that timeframe, we should be getting news from South Africa and just maybe that gets real. . . As always, all the best!

Awesome find Newtofo. No matter the view, the SS1H flare appears slightly less intense than the Empire 2H. Obviously the hope/expectation is that is above the 1.5 threshold!!! Gotta hang in there a couple/few more weeks. . . Onward and upward!

Got it, thanks. . . Also interested to know if the Empire flare posted earlier is the 2H or 3H. . . Anyway, folks, now's the time. All the talk, speculation, etc. is over, it's all about the results!!!

Nobody is answering my question, which is brutally simple. Use True and False Color, only, and my question is: What is that yellowish ball with the tail at the bottom of the site just right of center? True color, which is supposed to approximate as if you're on the ground looking at stuff, shows a very solid yellowish ball with a tail? What is that? Can someone answer this, please? Thanks!

Hey, thanks for the quick response. . . Yes, I have done as you mentioned. . .But please humor me, and for Oleo's same post, use True or False Color, you see nothing in the middle for the one you are talking about and only see a very strong yellowish ball with a tail in the bottom, center right as I mentioned. And you see that on many other dates. So, if that is not the location of the actual Flare Hardware and thus the flare itself, WHAT IS THAT in the bottom, center???!!! THANKS

Newtofo or whoever is sure of the design of the drill site, because I am not and I want to be crystal clear, the flare is located at the bottom center right, correct? Sometimes there appears to be something like a flare in the middle of the site. It seems the flares are put on the perimeter of the site someplace, like Empire's is in that upper right edge, and the 2H was in a similar position to this one. . . So, again, if that is the flare at the SSH1 in the bottom, right center, for our 500 meter frac, that does look very solid, stronger than the 2H. Someone, though, please respond to confirm that is the flare. Thanks and have a great weekend!

good morning. . . can someone please humor me. . . what you are referring to as the looking good flare is obviously the glowing ball with a bit of a tail in the lower part of the site, just right of center to the long black rectangular infrastructure (don't know what that is), correct? if that is the case, it is at least as bright and strong as what we saw in the skin damaged amungee 2h, so that is certainly above the 1 mark. and yes, it also looks substantially stronger than the empire flare. . . in any event, just want to be clear where we looking at on these sat images now and going forward for the ip 30 test. . . whiners, wingers, ****gers and bsers need not reply (can't wait to see all the filters that will follow this : ). . . any yes, happy new year and very good luck to all of us, especially us long, long, too long, holders of this amazingly interesting and compelling play!!!

Does anybody have a good understanding about what a "cleanup" at the Amungee 2H would involve when they figure out how to deal with the skin issue there? In other words, do they have to go in an frack again, or how does that work? Many seem to placing ALL the blame on Riddle, but wouldn't Riddle and his top team have consulted closely with Daly Waters/Sheffield and Falcon/POQ/Layman, etc.? So, everyone knew what they were doing at the 2H in comparison to what was done at the 1H. it would seem logical that if we went back in there and did exactly the same completion job as in the original 1H, without a deformation, we should get around the 5 mmcf. So, the engineers, decision makers must have known that yet they had confidence to change up the "protocols", unfortunately, it created this skin issue, rather than the gusher everyone was hoping for!. . . Based on that article it looks like TBN has done the raise, and nice to see H & P and Sheffield stepping in for more given their status and success in the U.S. and just shows more confidence in the Beetaloo. Not sure "Barrenjoey was mandated for the raise" means? In their announcement on last week, they did indicate that after the SSHI they will come back and do the Amungee 3H AND cleanup the 2H.

So, just finishing my first strong cup of coffee. . . this clearly indicates the halt was specifically related to TBN capital raise related issues and awaiting an announcement regarding same. On the face of it, not quite sure how this cuts, but how could it not be positive given all the other announcements of yesterday along with dealing with the 2H issues. Hmmm, going to be very interesting what this announcement actually is because all the many others released with the Amungee 2H were generally very positive; and they are indicating that after the lab testing/analysis/hopefully reliable solutions, they will, of course, use that for all other drilling/completion and go back into the 2H and clean it up. Apparently, this skin issue is fairly well understood now with lots of expertise to deal with! . . . Anyway, it's a waiting game again now with key focus being (1) What is going on with this halt and capital raise for TBN; (2) Getting correct and applicable solutions to the skin issue; (3) with that and all other "learnings" getting the needed 3 mmcf at the next two appraisal wells (the move to the SSH1 is very interesting in light of the Tanumbirini results), and hopefully successfully cleaning up 2H, maybe get us into the 2s if not 3: and, (4) following other Beetaloo developments from Empire, Santos/TBN and any thing else of note. . . But wow, talk about making us sweat and the waiting game goes on and it certainly is not easy but that has been the game with Falcon. All this nonsense about a false flag and Sheffield conspiracy is such nonsense and you could see both POQ and Laymen trying not to laugh at the suggestion; said before, of course we can expect arms length hardball tactics from Sheffield but let's be real! Laymen came off as a very credible guy who has a lot of confidence that this all will come good, though being cautious to state no guarantees, but both were def optimistic and confident, though POQ's tone and body did indicate his genuine disappointment, though, again, he specifically said "confident and optimistic" (of course he did : ) regarding the new, fully carried program for 2023, into 2024! Anyway, talk, talk, talk, but the Beetaloo and Falcon beat goes on, and is still strong. . . But what a ride. . . Second of 2023 into 2024 are going to be huge!

Needless to say, tons of thoughts/emotions, but certainly not panic, not selling, not buying, but trying to digest. Waiting for the POQ Q & A, and what should be much more detail from TBN and per Oldie's post, be great to hear from Sheffield. Again, very much want to hear from POQ and may have more to say later.

Sorry, that should have started, someone who posted the satellite shot. . .

Someone who posted a flare a couple of weeks ago, not sure which one of you it was, I think also said the flare should be in the lower left corner. . . If that's right, in this shot there is definitely something going on in that exact spot, and if you ask me, a total layman on this, it actually looks like a flare. If I am off, so be it, but if that's the location, then there is something there. . . Exciting times!

Thank you POODS

Good to get the updates, and markets reacting favorably. Like the very understated, factual AND maybe most important, very forward looking nature regarding next moves to Pilot Production. . . To this most recent satellite image. . . Origin789, is your smiley face bc you think there actually is a flare in the lower left corner or bc you're being sarcastic? It looks like it was something to consider there when 805 posted last week and it's there again in this one. There is definitely the outline of a ballish, yellowish looking image exactly in the lower left corner. Can this be confirmed as a flare or not? Most interesting days!!!

Empire's Underwood sounding very positive/bullish in this interview! I like that we have at least one of the major players being headed by an Aussie, just think it's helpful to have in the mix. . . He's confident, uses words/phrases like very encouraged, optimistic, etc. when discussing Gov final approvals and cooperation, and, the economic viability of the project, with his focus now on their Pilot Production. So much happening. Stay focused and very positive folks!!!
https://www.iheart.com/podcast/269-360-with-katie-woolf-102925822/episode/empire-energy-ceo-alex-underwood-says-113446500/

Further to all this, my main point is Sheffield, H & P, et al. must have, must have modeled the Scope 3 scenario, good, bad, ugly impacts/risks, and decided to move full steam ahead in the Beetaloo with Tamboran at the helm. Newtofo, Canada is probably a great example/model of how Aus proceeds, Commonwealth country, maybe a carbon tax among other offsets is the answer. Looks like things in the US are more a State by State thing and there are probably good lessons learned from there that our major US Directors, Officers and Experts can factor into the debate, etc. Still needs action in the Aus Senate, see how that goes. With vocal Greens who have some power in Parliament, it will be a political football but I just don't see the majority killing the potential prize of the Beetaloo by using Scope 3 to make things cost prohibitive for Tamboran and other producers, and to kill it as things toward production are just beginning. And the more I research this, our low CO2 content is a huge plus, just makes more sense than going outright to renewables, and strengthens the transition to Net Zero argument. The Pol decision makers that matter and most reasonable constituents will get that, so long as Tamboran et al can demonstrate they are REAL regarding Net Zero, they are a good corporate citizen and walk the talk, etc. End of day, this will be sorted as everything has with this play and our company in this long, much to long, march toward commercialization and hopefully, finally, true value and share price rise, etc.! . . . Back to the central point - let's get those needed flow rates from the 2H!!! Seems on the Empire side, for their wells, soaking works, certainly improved 2H results there and we'll see for the 3H. Though, yes, it is nerve wracking. Feels like before the Moratorium results were coming in, if it was going to be lifted, etc. On pins and needles.

Going back to my brief post yesterday and all the further discussion on scope 3 - can Riddle, Stonebruner, Sheffield, H&P, even O'Quigley/Nally, and their lawyers/legislative/political advisers be that STUPID and so super careless/reckless to make such a bold statement that Riddle made first thing on the 27th in response to all this and then be like, oops, but there's still this scope 3, which by the way will actually doom the Beetaloo commercial development/production and everything we've just achieved, buyout of Origin, the major involvement of Sheffield and H & P, the Amungee H2 and H3 fracks going full speed ahead, setting sights on pilot production!!! It just makes no sense, at all!! We all see he doesn't mention scope 3, but he's so bold in his statement saying they've been guided by the Pepper Inquiry - which they must be, or again they're idiots and I just don't think Bryan Sheffield and H&P would have risked all that they have unless each and every issue the Pepper Inquiry raised that could and would likely impact that investment were fully understood and accounted for. . . And doesn't this all this all still have to get through the Senate, i.e. it's not actually law yet, etc.

In Tamboran's Press Release posted by Thij Riddle emphatically states these safeguard mechanisms are already factored into their/our development plans, and will have basically no, or at least little, impact. He actually says they are a good thing!
“The Greens have claimed these amendments restrict the Beetaloo Basin’s development. This is 100 per cent wrong. Tamboran’s progressive Sustainability Plan was and is doing everything already called for in these amendments. This is a decisive political failure for the Greens who have campaigned to destroy industry, jobs and real progress on emissions reductions."

Despite my seeming defense of Empire and the 3H results, still isn't great to see all the added issues to get to higher flow rates, especially given the length and number of fracks. But who knows, maybe soaking is what triggers things in the Beetaloo shale on some wells. These guys will figure it out; too much invested, too important domestically and we are seeing the 3 + rates POQ says are needed for a pilot production/commercially viable decision/status. We have that now on the Tanumbirini 2H and 3H, 3.3 and 5.2 per 1,000 meters and on the Carpentaria 2H after the soak, 3.5. Let's get our 3 and hopefully well above bc as said that's what POQ wants as a baseline and he must know something. But, needless to say, Empire's got to figure out what went not exactly right with the 3H, figure it out and go forward, I'd be shocked if they dramatically change their plans, let alone stop altogether. All big TBDs, such as this play is!

The only answer is as Underwood emphasizes and is honest with the market, etc. is that there is an early stage learning curve still, this was the longest and highest number of fracs yet. They are still cracking the code. His public comments are very optimistic and it's possible the soak for the 3H will improve the rates, TBD. Would love to be a fly on the wall for the private conversations, but still prob fairly bullish about overcoming the challenges to get the consistent and needed rates. But Underwood is not deterred at all, they're moving forward toward their Pilot Program and moving to the Western Permits. As said, with our Amungee 1H data, the new arguably better team, 5 1/2 inch casing, etc. hopefully we get this biggest drill/frack effort for us to date much more right than Empire did! We'll all know soon enough and it is a bit nerve racking, nod to Newtofo.