Member Info for passiton

https://id.linkedin.com/posts/andy-butler-93088b33_i-had-the-great-pleasure-and-honour-this-activity-6976388251863445504-M0YI

https://www.seapex.org/training-workshop/

https://www.seapex.org/singapore-meetings/

Contact Andy Butler andy.butler@sundagas.com if you are interested in presenting future talk for SEAPEX.

https://www.seapex.org/category/regional-meetings-events/

NO
It's just what they want and the jobs it will bring.

On ways to cross the trench, Conoco Phillips also did studies in 1997
for Bayu-Undan, including a suspended pipeline with anchors but
decided to risky and built to Darwin.

https://www.laohamutuk.org/OilWeb/Company/Phillips/Phillips%20pipe%20report.htm

and the recent meeting , could be some follow up to SundaGas MOU with the DIT and
cooperation with TG, ANPM and IPG to enhance knowledge and skills on the Island.

https://en.tatoli.tl/2022/09/14/sundagas-company-and-dit-sign-an-agreement-to-strengthen-the-study-cooperation-in-the-oil-sector/09/

This message service is now closed until Tuesday, I am now unavailable
if Ted has anything to pass then , you will probably already have seen it

Are they all waiting for Chuditch, or vice versa, the Island studies based
on 3 fields to Beaco , Chuditch , Kelp and Sunrise.

Unless it changed, from what was announced in 2021.

interesting, ECRE same company that did, the still being held confidential
Island studies.

https://insidestory.org.au/timor-gaps/

TimorGAP is still refusing to release the full 130-page ERCE report, says La’o Hamutuk, despite
Ramos-Horta saying, on his Canberra visit, that this would be helpful.

Adelaide consultancy EnergyQuest says it would be far more productive for all parties to be talking
instead about plate tectonics. The Indo-Australian plate is moving north at seven centimetres a year,
meaning it would move 1.5 metres over the life of the project. “Building a pipeline [to Timor-Leste]
subjected to the full force of one of the most rapid tectonic plate movements in the world is an idea
that should never have got off the ground,” says EnergyQuest.

Heads up , he says, you will know what he means, maybe a blue day.

Stock exchange book has had , zero to a few hundred pounds in the morning
since the downward spiral started, today its already £11k

No pre AGM news, no flurry of trades, back to sleep
for now

Looks after his shareholders always, just the close circle of lenders
included in that category.

Canadian documentation has bonds in Canadian Dollars
Conversions have been at 20 cents = 12p
Canadian Exchange currently 21c a share

Prices make sense , if as someone posted yesterday , the main holder is holding
and the one that took up the slack , dumping and still making a small profit.
Canadian $20.2 Million remains. As it has in the 4th November rns.

Keep some of those 2024/25 Bonds until things financially and operationally
in full swing, some profits they will make with their 12p shares.

In other news , Indonesia have voted to ban , sex outside of marriage
Thailand expected to follow, with its own vote.

Tourism trade will be hit hard.

Horta out and about also

https://en.tatoli.tl/2022/12/06/prime-minister-ruak-and-woodside-discuss-development-of-greater-sunrise-project/23/

https://www.straitstimes.com/singapore/timor-leste-president-on-6-day-state-visit-to-singapore

https://www.channelnewsasia.com/singapore/pm-lee-singapore-support-timor-leste-asean-membership-jose-ramos-horta-3130681

https://insidestory.org.au/timor-gaps/

https://en.tatoli.tl/2022/12/06/prime-minister-ruak-and-woodside-discuss-development-of-greater-sunrise-project/23/

Oil and gas is a vital industry for Timor–Leste and Australia.

We have shared interests in LNG development including carbon capture storage.

We cooperate through the Bayu–Undan gasfield which supplies gas from Timor–Leste’s
offshore area to Darwin.

The Timor–Leste Australia LNG partnership builds on our existing industry and government
collaboration.

He says, can anyone remember, on the Australian Government site, when they posted the
adverts for people to cooperate and join them, was that mention of Bayu and the Carbon
Capture on it, he can't remember it being there, just the advert blurb.

https://www.industry.gov.au/news/be-part-australias-liquefied-natural-gas-partnership-timor-leste#:~:text=We%20have%20shared%20interests%20in,existing%20industry%20and%20government%20collaboration.

Thinks that has been added to the bottom of the page.

The Annual General Meeting will be held at 11 a.m. (UK time) on 8 December 2022 at the offices of
Hill Dickinson LLP, 8th Floor, The Broadgate Tower, 20 Primrose Street, London, EC2A 2EW.

1 or 2 rns , news before the meeting? , or just the standard, all resolutions passed after.

CNOOC one of the biggest in the world, the China State oil and gas company
could return but Trump banned them and other State Co's, from operating
in the USA.

He's gone, Biden crew have made no comments so far, on changing Trumps law

Exxon , hold acreage , next door to Copl, one of many US Major/Tier1 already
operating in the powder river basin.

Lots of good neighbours, many like Exxon ,flush with cash, someone will want
that in excess of a billion barrels.

Good neighbours and Carbon Capture plans in place.

KUALA LUMPUR, Malaysia — Petronas Carigali has taken a final investment decision on developing
the Kasawari CO2 Sequestration (CCS) project offshore Sarawak.

Petronas Carigali CEO Hasliza Othman said, “This project is expected to become the catalyst in
achieving end-to-end CCS capability development within Petronas and the first step in unlocking
Malaysia’s potential as a regional CCS solutions hub.”

https://www.offshore-mag.com/regional-reports/asia/article/14286329/petronas-sanctions-carbon-capture-development-offshore-sarawak

HFB , says he is fine and well, pretty much done finalising things before his
permanent return to Brisbane.

He will not be posting again, wishes all holders , make a bomb on Dunrobin
before the main event.

As he did previously, said he will pass links for me to post, if he finds something
curious or of interest.

Above , on the NGO site, Woodside not the only one who had marked down.
Came across this section, give some details on how, partner is funded.

The proposed 2022 State budget would have transferred $34.7 million to TimorGAP.

The budget books reveal that TimorGAP devalued its holding in Greater Sunrise from $700 million to zero
at the end of 2020.

This information should be in TimorGAP's 2020 Annual Report and financial statements, which by law
should have been published by June 2021, but were still not available in February 2022, as noted by
the Audit Court.

https://www.laohamutuk.org/Oil/PetRegime/NOC/10Petronatil.htm

Nevertheless, Parliament agreed to the request from the Minister of Petroleum and Minerals and
increased his budget by $40 million; and TimorGAP will get $62.2 million in 2022.

Although TimorGAP requested a $141 million state subsidy for 2023, the amount was cut back to $54
million in the Government's budget proposal to Parliament.

Senior Convertible Bonds due
2024 63 $200,974.80 N/A $12,661,412.40
C V D Senior Convertible Bonds due

2025 63 $200,974.80 N/A $12,661,412.40
W N T Warrants 54,792,590

Plenty left in his poor finance locker to keep him going , conversions being done
at 20 cents, the Sedar details have above as Canadian Dollars = 12p

They are still making a profit at this level on conversions

Following these conversions, a total of seven 2024 Bonds and eighteen 2025 Bonds have been converted
into Shares.

The principal amount of convertible bonds outstanding has reduced to $11.2 million of 2024 Bonds and
$9.0 million of 2025 Bonds.

Canadian $20.2m still in the back up locker.

Market reset by 0900 UT trade to 1.59, after that, all 1.58/59 probable buys
and 1.40 sells, as all labels are guesses, you can never be certain, only
most likely a technical buy or sell.

Bought myself recently at 1.58 when a similar crazy wide spread in play.