RE: Falcon News30 Apr 2025 10:25
805slo
I found this snipet on linkedin, nothing more.
On HC Fitz posted following text about TBN
Good find Smallfish.
Why will Beetaloo succeed?
JR sums it up clearly:
1. We have the highest quality rocks - world class
2. Domestic structural short supply which will enable us to drill first 100 wells to satisfy near term term demand > enable us to better understand type curves, drilling efficiencies, completions
3. Best frac tech and capabilities
Underpinning this, LNG opportunity:
1.$75bn of gas infrastructure in Australia that’s running out of gas. Compelling LNG pathway.
2. Australia is relied upon by Japan and S Korea for energy security.
3. Geographic proximity
Financing:
1. NYSE IPO - access to deep debt and equity markets, significant expertise in shale and LNG
2. Near term: as we get closer to pilot production, farm-out with an IOC, ideally Australia-based (Shell, Conoco, Santos), East coast, need to back-fill LNG supply. Post the well test which we will be announcing shortly, start farm-out process. Non-dilutive, de-risking reserves. Aiming to book 7-10 TCF > $7-10 billion of value, shared with farm-out partner. Over 24 months. Underpin east coast pipeline financing.
3. Prepaying gas volumes precedent in Australia. Non-dilutive.
4. Australia, unlike elsewhere, fixed price, CPI+ gas contracts are more like infrastructure contracts. Debt financing opportunities, infrastructure project investors.
Right resource theme at the right time.
Best opportunity for pure
play exposure to Asia-Pacific LNG short and long term. Building the next large E&P co with exposure to high margin gas focused on fastest growing LNG market. One of the biggest drivers in reducing carbon emissions in Asia-Pacific.
Unfortunately, you find ZERO from Mr. POQ. There is not a single excuse for his inactivity. He does not even try to monetize FOG, respectively our Beetaloo gas.
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