Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
The SS-1H IP30 flow rate delivered the highest normalized rates achieved in the Beetaloo Basin to date,
exceeding the previous normalized IP30 record achieved by the Tanumbirini 3H well in the Santos-
operated EP 161 acreage in 2022. The result continues to support that the deepest regions of the Beetaloo
Basin have the most consistent geology and have the potential to deliver the highest flow rates and
recoverable volumes...
Look forward to hearing results on Sunday 23.30 uk time. If you have any Qs for POQ, you can register on the Investormeet platform, and submit Qs easily on there::
https://www.investormeetcompany.com/register-investor
Hey Greenlantern, I agree with your comment that Newtofos posts are truly epic, he sure has plenty of encyclopedic knowledge to back up his honesty & integrity. It's always good to hear his positive vibes, I'm grateful of that over the years!
You've got to admit that this well appears promisimg, with great plans to move forward to pilot production if the numbers are as good as we hope for. GLA.
I think that POQ is likely to discuss fundraising during Mondays investor Meet, and where / when we are likely to choose to participate. I have my faith in POQ to make the right decision, here's to good results on Monday!
GLA.
Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that Philip O’Quigley, Falcon’s CEO, will conduct a Q&A via the Investor Meet Company platform on 26 February 2024 at 4:00pm (London time).
The event is open to all existing and potential shareholders. Questions can be submitted pre-event via your Investor Meet Company dashboard up until 9.00am (London time) on Friday 23 February or at any time during the live presentation.
Investors can sign up to Investor Meet Company for free and add to meet Falcon Oil & Gas Ltd. via: https://www.investormeetcompany.com/falcon-oil-gas-ltd/register-investor
Thanks Margarita, we are pretty well aware of what you mentioned, a successful well will be a big turning point for us and allow for the pilot production to commence, then we will likely attract interest from one of the big players and POQ will earn his money then.
In the investor Meet online chat , POQ stated that Sheffield owned 15% of Falcon, which came as a surprise to everyone at the time, but we saw lots of 100k blocks being purchased, and guessed he may have been the buyer. My guess is that Sheffield may well own more than that 15% stake in Falcon now.
Thanks Oleo, flare is still looking veg impressive, would be great to know the answer to Newty Q, whether the Empire flare posted here was Empire's C-2H or Empire's C-3H well. Thanks for the posts, GLA!
Good spot Schlemiel, appears to be going well this time DU!
Tamboran Resources, which is plotting to become a major supplier of gas to Australia’s east coast and of LNG to regional neighbours, is excited about soon-to-be-released drilling results, the company’s chief executive said, hinting the Northern Territory resource project that has emerged as a lightning rod for opponents is edging closer to realisation.
Strong drilling results from Tamboran’s latest exploration campaign will bolster confidence that the Beetaloo region could emerge as a major source of gas in Australia, relieving tight domestic supplies. But it will exacerbate environmental opposition to unlocking the region for fossil fuel exploitation.
Tamboran last year began its initial drilling campaign, with chief executive Joel Riddle hinting that the market would be pleased by the round of results.
“We have well tests that we are going to be announcing in late February. We are encouraged and excited about the pending results of that well. This has clearly shown that the geology of the area that we have selected and targeting first development has the best resource potential in all of the Beetaloo. It has the biggest and highest pressure gaps in all of the Basin,” Mr Riddle said.
Strong results will bolster confidence within Tamboran and supporters of extracting gas from the NT.
Thanks 805slo, it does look like a flare, but when you look at the site image from 24 Dec with Tru Colour, the flare doesn't show, and 24 Dec is when the SWIR image seems to show a good flare.
It's difficult to make out the positioning of the flare too as the cloud is partially obscuring the site. I'm hopeful it is a flare!
SANTOS, JX AND ENEOS TO COLLABORATE ON CARBON CAPTURE AND STORAGE TO SUPPORT MOOMBA CCS PHASE 2 AND HELP JAPAN DECARBONISE
Following the passage of legislation through the Australian parliament to facilitate the cross-border transfer of CO2, Santos is pleased to announce a new agreement with two major Japanese energy companies to collaborate on CCS.
Santos’ plans to expand the Moomba carbon capture and storage (CCS) project and transform the Cooper Basin into a decarbonisation and low-carbon fuels hub have gained further momentum through the agreement.
The signing of a memorandum of understanding (MOU) between Santos, JX Nippon Oil & Gas Exploration Corporation (JX) and ENEOS Corporation (ENEOS) paves the way for a joint feasibility study that will evaluate the potential to capture, transport and sequester emissions from Japan, supporting expansion of the Moomba CCS project.
The aggregation and management of carbon at Moomba would also support Santos’ Energy Solutions low-carbon fuels ambitions and complements current studies with Tokyo Gas and Osaka Gas for potential low-carbon e-methane production in the Cooper Basin. This would facilitate the export of e-methane, made by combining green hydrogen with CO2 obtained from industrial emissions or direct air capture in a circular economy.