Member Info for Origin789

Has there been any mention of attending the AGM virtually, such as via the investormeet platform that was used recently?

Good spot IT Guy, Tamboran Resources secured the Ensign Rig 970 to spud the Maverick 1H (M1H) in their EP 136 permit, so if this one is heading to the Beetaloo, we could be in luck!

We will all find out what's happening soon enough thru the AGM, Greenlantern is entitled to have a moan, but the change of plan was probably a wise move, it would be nice to hear from POQ that things have been progressing quietly.

Thanks Schlem, info copied from Tamborans press release...
Maverick 1H (M1H) well, targeted to begin in the third quarter of this year.

Tamboran Resources full steam ahead with seismic program, civil works at EP 136 Pad construction and water bore activities within EP 136.
Tamboran Resources Ltd (ASX:TBN) has kicked off a 2D seismic acquisition program and advanced its civil works campaign on its 100%-owned and operated EP 136 acreage, one of its key assets in the Northern Territory’s Beetaloo Sub-Basin.

The natural gas company has embarked on an 85-kilometre seismic acquisition expedition, as approved by the Northern Territory Government, and holds the necessary Aboriginal Areas Protection Authority (AAPA) Authority Certificate.

TBN’s program includes 12 seismic lines, which will allow for enhanced resolution of the Mid Velkerri ‘B shale’ formation within the Sub-Basin.

In parallel with the seismic activity, Tamboran has been developing its civil works campaign since early June.

The energy stock has already erected access tracks, three well pads and a camp pad, while the first control monitor water bore well is being drilled.

Tamboran expects to complete its civil works before it drills the Maverick 1H (M1H) well, targeted to begin in the third quarter of this year.

Preparing for M1H drilling
“We have formally commenced our 2022 civil activities within our 100%-owned and operated EP 136 permit, within the ‘core’ Beetaloo of the Northern Territory," said managing director and CEO Joel Riddle.

“The activities will be undertaken in accordance with the Environmental Management Plan, approved by the Minister for the Environment, and all associated approvals or instruments including an Exploration Agreement with Native Title Holders (as identified by the Northern Land Council) and an AAPA Authority Certificate.

“Despite unlawful attempts by the pastoral leaseholder to frustrate our approved exploration activities, civil works are expected to be completed ahead of the commencement of drilling the M1H well, which is presently on track for the third quarter of 2022.

“We believe the M1H well is one of the most exciting wells to be drilled in Australia during 2022.

“Drilling of the M1H well will be a significant milestone for the company, as our first operated well, and for the future commercialisation of the Beetaloo Sub-basin.

Thanks HRock, a very positive outlook from Empire, part of their letter to shareholders copied below from Hardrock link below:

Shell, in its most recent World Energy Outlook, has forecast demand for LNG to grow from 380mt currently to 700mt by 2040.

The Beetaloo is a major potential source of increased gas supply. Potentially 100 TCF recoverable, enough to power Australian industry for decades....

The Beetaloo enjoys the support of the new Federal Government. Prime Minister Anthony Albanese said during the election campaign: "We've been supportive of the Beetaloo Basin Exploration on the basis of looking at, of course, environmental approvals which need to be considered there, as well as the traditional owners."

The NT Government is also supportive. Last week, Deputy Chief Minister Nicole Manison MLA told the NT Parliament Estimates Committee: "The Beetaloo Sub-basin has the potential to transform the Territory's economy and create thousands of jobs. Again, this is another important step in diversification of the Territory economy."

We continue to position the company to be a major player in the Beetaloo moving from appraisal phase towards production.

Our 2022 work program is now extended to:

Hydraulically stimulate Carpentaria-2H which was drilled late last year, the longest horizontal well drilled into the Velkerri Formation to date. The stimulation has been designed to utilise several fluid mixes to assess which design results in the best production performance. It will also provide an early production type curve for development planning, a better understanding of gas composition and enhance Beetaloo specific completion designs.

Drill Carpentaria-3H, hydraulically stimulate and flow test. This well will be drilled from the Carpentaria-2H pad location enhancing cost efficiency and will seek to optimise fracture stimulation design and create an early production type curve. Together with Carpentaria-2H, this could be a future production well.

Drill Carpentaria-4V. This well will be drilled, vertically only, on the eastern side of the high bisecting the Carpentaria Area in EP187. The well will prove the depth and thickness of the Velkerri shale to the East and will seek to book increased contingent resources, potentially materially increasing our present 400 BCF in EP187....

nit.com.au
In a rare series of interviews, remote community leaders... spoke up to dispel perceptions the Top End’s Indigenous community was united against industrial development.

Debate is centered on the Beetaloo Basin, which has enough shale gas stored to power Australia for an estimated 300 years, an attractive proposition given the east coast’s current power woes.

Australian Petroleum Production and Exploration Association director Cassandra Schmidt in May boasted industrialising the basin could generate $1bn in revenue for the Territory over the next two decades, create thousands of jobs and completely transforming the nearest major town, Katherine.

Those rallying against companies such as Santos and Origin Energy have mounted a high profile media blitz off the back of Tiwi Islanders taking the federal offshore oil and gas regulator to court and anti-fracking group Nurrdalinji Native Title Aboriginal Corporation’s outspoken criticism of the practice.

Their arguments are largely environmental and cultural – focusing on carbon emissions, groundwater health, wastewater disposal and risks to sacred sites.

But Mudburra-Jingili man Jeremy Jackson, who lives in Marlinja on the southwest corner of the Falcon-Origin Beetaloo Basin joint venture, said working with industry was the best way to protect country and improve lives under current native title laws.

Mr Jackson speaks for his uncle, Terry Jackson, a senior mangaya (Traditional Owner) for the Bamarrnganja group in the Beetaloo region.

“Native title you say no, the government will actually go around, to the back door, and you say no, and you get all this mining mob coming in,” Mr Jackson said....

Just over 4 weeks until the AGM on 14th July, so we may not be informed of any plan of action until that week. I hope that things have been happening quietly in the background, otherwise thus could be a very disappointing AGM!

Sorry to hear that Poods, id like to see your name on the filings as would a few others. I wish you good health, and a stress free home run for us all in FOG! GLA.

Thanks Hardrock, another good reminder for the nay sayers that the Beetaloo could help solve the gas shortage and help protect Australian National Security, and also help to reduce carbon emissions too, eh greens!

Hi Camelot, yes it's been all too quiet this year, maybe it's Origin keeping a low profile as Newty suggested, the minority groups are out flexing their bits after the elections. I think Newty said POQ has been in Aus for the last couple of weeks, if so, then there could be things happening. We are all but mushrooms at the moment - being kept in the dark... Calm before the storm maybe??

nit.com.au
The Northern Territory government has stood by its decision to approve four new Origin fracking wells in the Beetaloo Basin on Friday despite strong opposition from an activist native title group.

The approval came on the same day Tamboran Resources cut fences and moved heavy equipment onto Rallen Australia’s cattle station without consent of pastoralists.

Territory’s Beetaloo Basin is still a Labor Government priority:

Chief Minister Natasha Fyles said the development of the Beetaloo is still the Labor Government’s priority as the project is forecast to contribute significantly to developing the Territory’s economy which is projected to reach $40 billion by 2040.

This year, Beetaloo Basin particpants led by Tamboran Resources, Santos/TBN, Origin Energy/Falcon and Empire Energy will undertake work programmes to define the commercial parameters of development in the area. Volume and forecasts point to the continued strong demand for natural gas in Australia’s energy supply.

Thanks SS good article, slpart copied below from
timetotimes.com:
Without Australian oil and gas, Asia will burn coal and wood
timetotimesofficial@gmail.com

The Narrabri gas project, 100% dedicated to the domestic gas market, is now urgently needed.

Between 2009 and 2012, we invested about US$300 billion in seven new LNG projects, investments that boosted production by almost 170 percent in the decade to 2021. Tens of thousands of jobs have been created, and our investments in LNG have supported domestic gas supply security as well. Without this investment in LNG, much of Australia’s gas resources would never have been developed because Australia’s domestic market is simply not large enough to support the scale of investment required to bring these resources to market.

However, since 2012, only two new LNG projects have been announced: the Santos gas project at Barossa in the Northern Territory, which will lay Darwin LNG, and the Woodside gas project at Scarborough, Western Australia, which will underpin Pluto’s 2nd line and back bookmarks of the 1st line of Pluto.

With China, Korea, Taiwan, Indonesia, Malaysia, Philippines, Thailand, Vietnam, Bangladesh and India all consuming more LNG in 2050 than in 2020, Australia has a huge opportunity to continue supplying LNG to Asia for the next 30 years and more.

We are also leveraging our LNG experience for a cleaner energy future, including carbon capture and storage (CCS), hydrogen production, energy efficiency and integration with renewable energy sources. We are not just aiming for zero emissions by 2050, we are already developing projects for this.

Last year, McKinsey produced a report on decarbonization options for our industry. It turned out that the oil and gas industry has a competitive advantage in the supply of wind, solar, CCS and, most obviously, hydrogen. The factors that give us this advantage are similar to those that led to the LNG industry: geology and growing demand.

Decarbonization demand
Moreover, the lessons of the past 40 years have given us unparalleled operational knowledge, access to infrastructure, supply chain connections and project implementation experience.

And decarbonization is now in demand. The World Gas Conference is not discussing ways to decarbonize the industry. They are about what we are already doing.

Australian LNG could reduce emissions in LNG-importing countries by around 166 million tons of carbon dioxide per year by replacing higher-emitting fuels. In comparison, this is equivalent to more than one third of Australia’s total annual greenhouse gas emissions.

We are already building renewable energy projects across the country, as well as providing dispatch power to the grid when the wind is not blowing and the sun is not shining.

Our sector is one of the largest investors in new fuels and emission reduction technologies...

Thanks Schlemiel, thats good to hear. Any minority groups or change of governance worries me.. For any sane person, the Beetaloo is essential for the future of not only the NT, but for the Western World.

It would be lunacy if the Beetaloo was stopped or even paused considering the desperate need for gas in Aus and Europe now, this is the opportunity the NT needs to take advantage of.
Id like to know what Origins plans are for this year, and whether the seismic is complete, we need to crack on this year...

Article from The Guardian Tues 24th May

One of the Northern Territory’s biggest and wealthiest pastoral landholders will join traditional owners to “resist” the entry of fracking companies on to its expansive holdings in the Beetaloo Basin.

The former Morrison government made gas exploration in the Beetaloo a central pillar of its so-called gas-led recovery from the pandemic, accelerating exploration in the region by granting big gas companies tens of millions of dollars in incentives.

Experts have warned the exploitation of the Beetaloo’s gas reserves would lead to a 13% increase to Australia’s carbon emissions, describing it as a “carbon bomb of extraordinary proportions”, while some traditional owners have raised concerns about the lack of a proper and informed consent process.

Liberals must shun ‘conspiracy theorists’ of climate wars, moderate Andrew Bragg says
Now, as Greens MPs call on Labor to reverse the Beetaloo exploration, one of the nation’s biggest pastoral landholders, Rallen Australia, is ramping up its own fight against fracking on its vast property holdings in the Beetaloo.

Rallen, owned by the wealthy Langenhoven-Ravazzotti families, says its pastoralists will on Wednesday gather with traditional owners at Tanumbirini Station – one of its giant cattle stations – to “resist” fracking company Tamboran Resources, which is seeking to explore the gas reserves on the site.

Rallen has steadfastly opposed Tamboran’s plans to frack on its land, but the gas company went to the NT Civil and Administrative Tribunal to force access to Tanumbirini Station.

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Rallen says pastoralists will gather on horses at a key access gate to monitor Tamboran’s activities, stop it from accessing no-go zones on the property, and protect water and sacred sites.

Rallen Australia’s director, Pierre Langenhoven, said it was “unprecedented” that a fracking company was trying to force access on to a cattle station without pastoralists’ consent.

Chief Minister Natasha Fyles's new ministry:

Natasha Fyles
Chief Minister
Health
Alcohol policy
Major projects
Defence

Nicole Manison
Deputy Chief Minister
Tourism and hospitality
Parks and rangers
Advanced manufacturing
Mining and industry
Northern Australia and trade

Eva Lawler
Treasurer
Education
Infrastructure, planning and logistics
Territory development

Lauren Moss
Environment, climate change and water security
Mental health and suicide prevention
Equality and inclusion
Youth
Seniors

Selena Uibo
Housing and homelands
Renewables and energy
Essential services
Aboriginal affairs
Treaty and local decision making

Paul Kirby
Business, jobs and training
Agribusiness and fisheries
Public employment
Major events
Veteran's affairs

ABC News
https://www.abc.net.au/news/2022-05-23/northern-territory-fyles-ministry-cabinet/101090576

The Northern Territory Government's new cabinet has been chosen, with former energy minister Eva Lawler named as Treasurer, and Chief Minister Natasha Fyles retaining the health portfolio.

Key points:
Chief Minister Natasha Fyles's new cabinet features one new minister. Other ministers have lost major portfolios, while some have picked up new roles. Ms Fyles said the new ministry will help "keep our cabinet and caucus stable"
Ms Fyles was sworn in as the territory's new Chief Minister earlier this month, following the resignation of Michael Gunner from the role.

This morning Ms Fyles announced her first ministry, which she said would "focus on strengthening the economy and tackling social challenges across the territory".

Seven ministers in the nine-member cabinet are women, and three are Aboriginal or Torres Strait Islander people.

This morning Ms Fyles announced her first ministry, which she said would "focus on strengthening the economy and tackling social challenges across the territory".

Seven ministers in the nine-member cabinet are women, and three are Aboriginal or Torres Strait Islander people.

"Who would have thought from the Northern Territory — I'm really proud," Ms Fyles said on Monday morning.

"It's about putting the pieces together and making sure that we have the strongest representation for the Northern Territory."

The Guardian 20th May
More than $1bn of Coalition’s climate funding could go to fossil fuel projects, analysis finds
‘Clean’ hydrogen and carbon capture and storage head list of funding pledges since net zero promise.
Adam Morton Climate and environment editor:
The Coalition has announced more than $1bn in climate funding that could go to fossil fuel developments since setting a target of reaching net zero emissions by 2050 last year, an analysis has found.
The bulk of the funding promised during the election campaign has been to develop “clean” hydrogen – a term often used to refer to hydrogen made with gas, a fossil fuel – and carbon capture and storage (CCS), which has had little success to date but oil and gas executives say will need to play a massive role if the world is to slash emissions.
The progressive thinktank the Australia Institute tallied pledges to develop clean hydrogen and CCS including $300m for the Northern Territory, $158m in Queensland, and at least $140m for Western Australia. Up to $40m has been promised to help gas giant Woodside build a CCS hub in the Pilbara.
Australia’s greenhouse pollution from coal higher per person than any other developed country, data shows
The institute’s climate and energy program director, Richie Merzian, said it illustrated the extent to which the government was supporting fossil fuel industries while promising to act on the climate crisis.

POQ has received allegations of corruption in South Africa when Zuma was in charge, but as WetWater states, the new government was even worse. It would be very difficult to operate in SA. Below is a report from the Karoo Times from a meeting POQ had in SA back in 2015...

Falcon, O’Quigley and Chevron
In his soft Irish lilt, O’Quigley told the crowd of around 90 people that although the exploration licence was sought by Falcon, the exploratory seismic testing would be conducted by Chevron, “should Chevron choose to take up the option”.

O’Quigley said he might sell the exploration licence on.

His words did not sit well with most of the audience.

Riled by the ‘House Rules’ and the threat of explosives on his land, one of the farmers received a loud round of applause when he said:

“You didn’t ask if it was all right to come here. You made up the rules. Who will give you permission to come on my land? I can give you the answer now. No, you may not enter!

“My gates are locked. And don’t come with any helicopters, because my shotgun will be loaded.”

EP 136 Operational Update: Ensign Rig 970 contracted, Maverick 1H to spud in Q3 CY22
Highlights
• Tamboran has secured Ensign Rig 970 to spud the Maverick 1H (M1H) well in the 100 per cent
owned and operated permit, EP 136 during third quarter of calendar year 2022, subject to final
Environmental Management Plan (EMP) approvals.
• The M1H well will be drilled with an optimised well design over a planned 1,000-metre horizontal
section and is targeted to include up to 20 fracture stimulated stages.
• The final well design for the M1H well has benefitted from additional data provided by the
Tanumbirini 2H (T2H) and 3H (T3H) flow rest results. This increases management’s confidence in achieving potentially commercial flow rates.
• The 2D seismic acquisition program planned for EP 136 was reduced from 250 kilometres to ~90
kilometres following consultation with key stakeholders to minimise land disturbance. This is
expected to commence during the June quarter, subject to receiving relevant consents.
• The Northern Territory Civil and Administrative Tribunal (NTCAT) has provided a final
determination regarding the terms of the Land Access and Compensation Agreement (LACA) for
Tanumbirini Station covering EP 136. This determination allows Tamboran to commence calendar year 2022 activities at Tanumbirini Station on EP 136.
Tamboran Resources Limited (ASX: TBN) Managing Director and CEO, Joel Riddle, said:
“Tamboran has secured the Ensign Rig 970 to drill the M1H well that is anticipated to spud during the third quarter of calendar year 2022, subject to EMP approvals. Spudding of the well will be a major milestone for the Company as we seek to unlock the full potential of the Beetaloo Sub-basin in the Northern Territory.
The team is working with full focus on delivering initial production rates by the end of calendar year 2022.
“We have signed key contracts to undertake the 2022 seismic and drilling campaign within EP 136. This
includes contracting the Ensign Rig 970 to drill the M1H well. The 90-kilometre 2D seismic acquisition
program is expected to commence in coming weeks, subject to receiving relevant government consents.
“Tamboran’s M1H well design aims to considerably increase the fracture stimulation intensity, which we expect will unlock the true deliverability of the shale within the Mid Velkerri ‘B shale’ formation of the Core Beetaloo Sub-basin. The design includes a 1,000-metre horizontal section within the Mid-Velkerri ‘B shale’