RE: ALL news is due within the next 18 working days ..2 Feb 2023 14:09
as said many times, they have said talking to various for over 18 months, I have
said, we need the two catalysts, first although slower than we would like, progress
on the Timor side with the Industry and more recently, do not expect any deal
until the CPR published.
If they are not telling porkies, those talks should advance quickly, once they crunch
the numbers of the CPR, to make an initial bid, hopefully more than one gets in the
mix and a bidding scenario unfolds.
We know many JV/MOU and bigger plans , new pipeline to Darwin , the will the Island
get their own pipeline/refinery, plus Metinaro LNG imports, etc, lurking in the background
with around 30 tcf in the 3 known discoveries and huge acreage to explore.
Once the first trigger hits, the whole area will snowball and we are one of two , ready to
rock and roll balls in the Timor section, of an otherwise , well explored and prolific area.
CPR , will perk up talks, hopefully leading to a quick result, our current partner is the local
NOC, surely now up to them, to live up to their mission statements, Sundagas have done
all the work, time for the NOC, to push our FPSO plan to completion and/or other plan, if
say, Santos come a knocking for a new HUB for its pipeline 2 project to Darwin. GLA