Member Info for schlemiel

Of course what is far more important is the overall economic viability of the Anchois development. There are reserves per se and then there's economically and fiscally robust reserves which deliver equity uplift

You can have large reserves but if the location and quality of those reserves is economically constrained then those large reserves are meaningless ie Venezuela versus Saudi reserves which are of superior quality in terms of location, quality of the oil etc

Anchois as Cenkos have already noted is a top notch, financially robust (both capex and opex) gas project

RNS

momentum is containing

RNS

This is from March 2021 :

GlobalData's latest report, “Morocco Exploration & Production,” reveals that Morocco has almost 700 billion cubic feet of gas reserves sitting in developments. Two recent projects, Tendrara, and Anchois, could help the country achieve gas extraction at 70 million cubic feet per day (MMCFD) within the next five years.

While Tendrara can expect “productive growth” by mid-2022, and Anchois “will be the largest gas development undertaken in Morocco to date, by far,” Santiago Varela, an analyst at GlobalData, believes that the main obstacle for both projects is financing.

“For both projects, the major obstacle is obtaining adequate financing, since neither of the two operators have sufficient funds to undertake these developments alone,” noted Varela.

Financing for these kinds of large-scale projects is usually difficult to secure, even more so in Morocco.

“Morocco has failed to develop its major gas discoveries to date, mainly due to the fact that oil has been the preferred resource over gas,” explained the analyst. Nonetheless, “with the focus turning to gas, an attractive fiscal framework and strong domestic demand, international operators are pushing hard to develop the country’s resources,” Varela continued.

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Things have moved on considerably since this write up in Morocco World News

https://www.energynewsbulletin.net/environment/news/1434186/carpentaria-highway-upgrade-begins

'MULTIPLE contracts have been awarded by the federal and Northern Territory governments to upgrade the Carpentaria Highway, opening access to the Beetaloo Sub-Basin. '

paid for

Note that the Federal Government has also awarded Beetaloo focused contracts. I suspect there were fears that Green hustlers that is Labour would try and undermine Beetaloo development but it seems that fear's been put to bed

https://www.africaintelligence.com/oil--gas_exploration-production/2022/06/15/eni-and-qatar-energy-plan-first-tarfaya-drilling-for-early-2023,109792302-bre

dgdg1

You're becoming boring. They've just raised $30m ffs and you're asking if Anchois is non-commercial. Jesus wept.

There are those who pose genuine questions seeking genuine answers and then there's posters like you, tedious

Filtered

Beetaloo Sub-basin Core Viewing Workshop

Join us for an interactive workshop interpreting the stratigraphy of the upper Roper Group in the Beetaloo Sub-basin hosted by the Northern Territory Geological survey and led by both Professor Howard Johnson (Imperial College London) and Dr Vincent Crombez (CSIRO).

Date: Tuesday 30th August 2022

Time: There will be three workshop sessions of 2.5 hours (including transport to/from core facility)

8.30 am to 10.30 am

10.00 am to 12.30 pm

12.30 pm to 3 pm

Cost: Free for CABS attendees

Location: NTGS Core facility Winnellie (transportation will be provided to and from the conference centre)

Maximum attendees: 20 per session (maximum 60 spots)

Demonstrators: Howard Johnson (Imperial College London), Vincent Crombez (CSIRO), Amber Jarrett (NTGS), Tim Munson (NTGS), Claudio Delle Piane (CSIRO) and Morgan Blades (University of Adelaide)

Information:

The primary objective of the core workshop is to review and discuss key cores from the Roper Group in the Beetaloo Sub-basin. This workshop is interactive and attendees will fully participate in the workshop by sharing their observations and interpretations.

The four selected cores will reflect the variety of sedimentary environments present in the upper Roper Group, including organic rich shales of the Velkerri Formation, and will illustrate the stratigraphic trends present in the basin. In teams of 5, attendees will observe cores and, though team discussions and interaction with the workshop leaders develop an understanding of the sedimentary system. This will include insights into depositional processes, controls on the vertical and lateral facies organisation, and the distribution and evolution of depositional environments across the Beetaloo Sub-basin.

https://agentur.eventsair.com/cabsiv

A plethora of Beetaloo focused presentations and discussions

Insiders and AP seem quite happy to buy more stock at the current valuation (18p in sterling terms) and if anyone knows they do....

FOG shareholders are seeing their investment commercialised by NTG and Canberra infrastructure spending without which FOG's assets in the NT could never be developed, commercialised then sold to the highest bidder with proceeds returned to shareholders

https://infrastructuremagazine.com.au/2022/06/14/multiple-contracts-awarded-for-carpentaria-highway-upgrades/

'The upgrades to the Carpentaria Highway complement multiple strategic projects currently underway that aim to bring the Territory’s vision to become a world-class gas production, manufacturing and services hub to reality.'

and

Northern Territory Infrastructure, Planning and Logistics Minister, Eva Lawler, said completing the vital road works will ensure the Territory stays connected and keeps businesses moving forward.

“The Carpentaria Highway is a key access road to Borroloola and surrounding regions, and an important service route for the pastoral, tourism, agricultural and mining sectors, including to the Beetaloo Sub-Basin,” Ms Lawler said.

Why were Chariot awarded the Rissana licence and not for example Delek? I wonder if the Morrocan authorities are impressed by Chariot's technical expertise in achieving success to date regarding Anchois and believe they can replicate their success at Rissana?

FOG's riding on the back of Origin. Where Origin go, we go. It's that simple

DandT

AP's taken a hit for the team (diluted from around 10 to 9%) and stumped up more cash as well......that's committment from the CEO..follow the money

no - II broker

It isn't gonna be pleasant today for this and indeed many other stocks, across the board. Risk-off for the time being...

'Exploration and appraisals continue to show encouraging results. Industry analysis suggests that most exploration will be finalised by 2023 and the Australian Government is working to support accelerated final investment decisions by 2025 or earlier.'

https://territorygas.nt.gov.au/projects/beetaloo-sub-basin

https://territorygas.nt.gov.au/

The Territory's world-class gas resources are poised to meet growing demand for cleaner, affordable transition fuel sources, both domestically and internationally. Natural gas is central to sustainable energy mix transitions that will deliver increased investment, innovation and multi-generational economic benefits as part of journey to net-zero emissions by 2050.

Toyota Upgrades ADAS Capabilities in First BEV - Wards ...
https://wardsintelligence.informa.com › Toyota-Upgrades-...

28 Apr 2022 — A driver monitoring camera tracks the driver's line of vision and posture, checks whether their eyes are open, and issues a warning if it senses ...

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Yes, but is it SEE DMS? Hope so