RE: Break the trend13 Jan 2023 11:29
The biggest clue for me, that Chuditch is destined for its own glory, was that, at last in it's delayed,
2021 Annual report, conveniently published after our Seismic news and presentation (timing stinks
of fish , oh sorry fish), Timor Gap actually deigned to mention our Sundagas and the progress being
made at Chuditch.
Boil has long offered the proposal of FPSO for Chuditch, despite Shell and then Mitra who had the
same plans FLNG/FPSO when it was an Australian license, killed by the Timor /JPDA and force
majure that followed, until years later, when Chuditch returned as a new Timor Leste license in
2019.
Praised the progress being made, that to me says, for our patch, they are onboard with the plan
PIT stripped away from Beaco to the North, someone be it us, or a new owner, in the absence of
Sunrise, must be favourite to take Chuditch gas to the Island , but not have to wait for Beaco,
supply Metinaro for their domestic needs, and export any additional production.
New owner , Timor all happy with a convenient and lucrative deal, holders here happy , as
depending on deal, bagged or mega bagged