Member Info for passiton

Not seeing it currently but pretty sure it was a page on IAGS, was not a lot on
it only that it had done something and a big picture of a Helicopter.

hang fire, think I saw something similar on the still being built and brought
into the 21st Century website, that keeps coming and going, old and new
webs..........will see what today gives

all needs some updating, the Oil and Gas legislation section, last thing listed 2008
http://timor-leste.gov.tl/?cat=35&lang=en

That was before they invented Timor Gap and ANPM

They have a list of those with permanent offices on Timor, some interesting
names on it, various banks etc but also the recent links with Japan , JICA
on the list.

http://timor-leste.gov.tl/?p=143&lang=en&l=1

http://timor-leste.gov.tl/?p=31725&lang=tp

some rough translation bits from the Tetum notes, English not yet available

Approving the project of the Decree-Law, not presented by the Minister of Finance, Rui Augusto Gomes,
known as Kriasaun National Supply Commission (KNA), IP, but approving its statutes.

In the last decade of the creation of the National Procurement Commission, the volume and
complexity of the procurement process has not been met by the KNA, now it is necessary to increase
the capacity and autonomy of the KNA to make our procurement more efficient and effective in
the Public Administrative Sector. no capacitate resposta KNA ours.
Here is more about Decree-Law n.22/2022, dated 11 May, extending the attribution of the
National Supply Commission, it is important that it adapts to its nature and does not recur to
its task, it transforms it into a collective public one. form institute public ours.
The Council of Ministers approves the Decree-Law project, which is not presented to the
Minister of Finance, to know about our 2023 State Budget .The draft Decree-Law does not have
the objective of establishing a rule of law for the execution of the General State Budget for 2023.
All changes are not implemented in the area of ??public finance reform, diplomas are not the objective
hall simplification of the procedure for the execution of the budget and for the execution of the
phased decentralization of funds and payments in the Directorate-General of the Treasury to the
ministry and the secretary of the State, the objective of which is to facilitate the execution of the
General State Budget to serve the entity of our Public Administrative Sector.

Guessing the KNA , is to do with the Timor , Electricity Supply, which is connected to the Metinaro
LNG supply to power stations on conversion plan ?

Bid round but also , as we also know, Shell bought out our drill partner in Dunrobin
Corallian, plucking its prize asset, the remainder of its North Sea assets, defaulted
to Rbd, for a bargain basement £250k the lot, could call it £500k worth, as Rbd did
already own around half of Corallian.

Rbd, will be looking for others to chip in on those licenses also, they have funds to
come from the Shell deal when finalised but also have large commitments to drill
elsewhere in 2023 and just staved off a hostile takeover of the company.

They will probably be **** scared to raise again soon, risking another attempt by
disgruntled holders to oust them again. Like with Dunrobin, the might want us
(or others) to take Administrative license control, which is not really their bag.
after Corallian departed the scene.

Totally, Dunrobin was already listed as the BIGGEST, non developed discovery
in the North Sea, with luck the seismic when it arrives, will make it even bigger
than the 100mb prospect, it already was.

Someone will have it, prolific area, surrounded by infrastructure, think the three
minnows in the JV, days are numbered, just hope it's a nice big number, they
offer.

As it is again today, back to last weeks endless bounces off 0.1375
until something lands

All Andy and co can do, is keep plugging away , keep getting the data out
and see if a big Fish bites. For us , regular teasing updates would help, so
the sp does not just keep spiking and drifting back, until the real deal rns
lands.

No John, if you go back over the old rns's, plenty of mentions of both assets
having a target of 2023, to move them on operationally, or not as the case
might be, with Andy in the presentation, suggesting, open to sales, at the
right price.

All we can do at the moment, is wait for the rns updates and see what comes
from them, JV/Sale etc.

Omens are good, we know Chuditch is big, at some point, someone will move
off the fence and try to take first mover advantage, just waiting on the ECRE
independent figures to base a bid on.

Dunrobin, Upland said early analysis , was looking good, it was already rated a
100mbo plus license, just like Chuditch, will probably have to wait for Seismic
and a CPR, before the real action starts.

The deadline is a drill or drop decision, not we must have a plan and rig
in place by then, that will come with whoever takes over, be it JV or sale
a senior partner, that can change the timescales to its own.

If all else fails, looking at the Timor Gap website the other day , posted they now
have a DRILLING services department, as well as a Seismic department JV with
the Chinese.

They do indeed Jelly, everything else is covered, they have released to the market
we are in JV talks, they would take a sale if suitable, are looking at other possible
assets and the new North Sea bid round.

Once any of those becomes a deal, MOU , exclusivity etc, they must release news,
not in their interests , to hold back , if found out , could face a market suspension,
that does no one any good.

The Seismic, a bit different, they said completed last summer and analysis ongoing,
we all saw how long that took with Chuditch, coming in 2020 , ended up data run
completed in 2022 and months later the results.

Pretty much in the hands of the 3 in the JV, at what point do they decide, the analysis
is completed, to the point of an initial release, again Chuditch released but followed up
by saying more analysis to follow, with some of the new funding.

Presided over by Minister for Planning, Development and Special Initiatives, Ahsan Iqbal, the
meeting discussed pros and cons of availability and demand of Thar coal and commercial
viability of Thar rail connectivity.

Minister for Planning, Development and Special Initiatives highlighted that as per Prime Minister’s
directives the mandate of the committee is to ascertain the supply and demand of Thar coal in
power and industrial sectors of the country and its transportation through railways, so that the
funds allocation both by the federal and Sindh governments in the PSDP mode could be utilized
prudently and effectively.

Tick, Tock , bulk Coal mining on its way, to replace the current status of ****stan coal usage, which
stands at 75% imports, crazy when you have 185 Billion tons of cheaper coal at home.

With luck Andy will get a deal done on the back of the CPR (Imminent) and be
sold and gone , before the Chuckle Brothers take full control again.

They blaming each other after Gusmao comments lol, hard for them to push
things forward , without funding, just the few billions required for Tasi.

and Filthy, nice earlier post, told you he was standing for PM, that was the deal
last year, he pulled out of the Presidential race, to support his Independent pal
Horta, who appointed him in charge of Tasi , immediately on winning the race
and he would then stand for PM this year.

Getting the old band back together, PM and President tag team, as they have
been before, the cultured orator and the blunt instrument.

Would say , a cracking appointment, excellent CV and it leans to a man that
all such companies need, one who has a history of getting things DONE !

They won the world cup bid, they can feel free to bid, what Andy sees
as a fair price and end this soap opera, before it catches up with Corrie.

Nice item link , on that one you just posted Lucre, Qatar and Exxon building a massive LNG
facility in the USA, Qatar keeps cropping up, hand in hand with Exxon and Shell, on the
humongous 15 Billion barrels give or take, found last year off Namibia and were in the
news closer to home on another new big development.

With luck , that Facebook item you posted the other day, on a possible Qatar trip by that
man Gusmao, is on the money, to return and shake things up at the end of the month, if
we have not already broken free, of this latest set of base camp chains.

Nail on the head MD

Trust , or in this case a lack of it, or why is Shell not back with consortiums to take
it all, they have said turning their backs on Oil , its all about gas for them now, no
hard sell would be required, they developed 2 of the 3 big plays, still in waiting.

With their profit margins for 2021 and god knows what 2022 has given them, they
could pay cash up front , for the lot, Timor facilities and the all the fields production
to it.