Member Info for schlemiel

bf - thanks

L18

Cheers fella..a relief cos I thought we'd be panned

https://euroncap.blob.core.windows.net/media/66113/euro-ncap-assisted-driving-2021-bmw-ix3-datasheet.pdf

I don't 'get it'. Is the DMS not activated?

The Hunter Gas Pipeline venture, Jemena and APA Group are among gas pipeline developers optimistic that a federal plan will fast-track development of billions of dollars of pipelines to open up supplies on the east coast.

The government’s Natural Gas Infrastructure Plan, released by federal Energy Minister Angus Taylor last Friday, envisages at least one new gas basin is brought online before 2030 to meet east coast demand.

paid for............

https://www.afr.com/companies/energy/pipeliners-keen-on-plan-to-open-up-new-gas-basins-20211126-p59cme

Highlights

Santos' Narrabri Gas Project in the New South Wales Gunnedah basin coming online from 2026

Northern Territorian Beetalo basin production online from 2025 and expanded in 2028

Queensland Galilee and/or North Bowen basin production online by 2028, or maybe earlier

Relevant excerpt -

'Beetaloo basin

The unconventional shale gas Beetaloo basin is tipped in the plan by the commonwealth to be the most likely new basin "able to produce an abundant supply of gas, with potentially low delivered costs."

As part of the gas-led recovery, the government has already thrown A$220 million ($156.60 million) in new funding to support its development.

But given its early stages in exploration and appraisal, there remain a lot of unknowns.

"There are a wide range of estimated upstream supply costs for development in the Beetaloo. If costs are toward the lower end then Beetaloo development could proceed, with first gas anticipated by 2025," the NGIP said.

"Co-produced petroleum liquids have the potential to significantly alter the economics of development in the basin. However, it is important that more work is done to better understand the value, marketability and quantity of potential co-produced liquids," it added.

The plan sees a "small-scale" possibility for the Beetaloo basin piping 350 Tj/day to the east coast gas market by 2025 and a large-scale option of up to 1,200 Tj/day from 2028.

"There is also an option to send Beetaloo volumes north to Darwin to backfill either the Darwin or Ichthys LNG plants," it added.

The government's plan warned that there is "a real prospect" of domestic supply shortfalls if the Beetaloo is not developed.

"If that is the case, North Bowen and South Galilee basins will both need to be developed, or additional import terminals will be required," the plan said.

And depending on Beetaloo's scale, the two Queensland basins may still be required anyway, it said.'

https://www.spglobal.com/platts/en/market-insights/latest-news/lng/112621-australia-lays-out-plan-to-secure-20-more-years-of-gas-supply

https://www.infrastructure.gov.au/territories-regions-cities/regions/northern-australia#development_program

'Construction works at Cascabel in Imbabura province, the largest mine project in Ecuador at present, will being in 2024, Vera said. The development is estimated to involve investments of between US$2.5bn and US$3bn over five years.'

https://www.bnamericas.com/en/news/ecuador-expects-us4bn-investments-to-build-5-mines

with at least 10 added this week....they're gearing up here

Another one-

Director/PDMR Shareholding

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, was notified on 26 November 2021 that Lombard Odier Asset Management (Europe) Limited, a person closely associated with the Company's Non-Executive Director, Michael Brown, purchased 18,181,818 ordinary shares in the Company at a price of 11 pence each on 24 November 2021.

Following this transaction, Lombard Odier Asset Management (Europe) Limited has an interest in 692,316,762 Ordinary Shares, representing 16.7%(1) of the issued share capital of the Company.

1. Based on latest total issued share capital of 4,152,741,296 Ordinary Shares following the Fundraise announced on 23 November 2021. Shares from the Fundraise will admit to trading on 30 November 2021.

Director Share Purchases

Seeing Machines Limited (AIM: SEE, "Seeing Machines" or the "Company"), the advanced computer vision technology company that designs AI-powered operator monitoring systems to improve transport safety, announces that it has been notified that a non-executive director has purchased ordinary shares in the Company.

Catherine Jane Hill (Kate Hill) the Company's Chair, has purchased 237,920 ordinary shares in the Company at a price of 11.6 pence each on 25 November 2021. Following this transaction, Ms. Hill has an interest in 3,000,000 Ordinary Shares, representing 0.07%(1) of the issued share capital of the Company.

Hill buy

'Taxpayers will fund the private sector to accelerate gas exploration across Australia, with the federal government’s new strategy pinpointing locations off the coast of Victoria and the Northern Territory’s Beetaloo Basin as priorities for development.

The national gas infrastructure plan, released on Friday, says the government must act to alleviate the risk of gas supply shortfalls and support companies to open up new gas basins and construct gas pipelines.'

Under the plan, the Commonwealth will support the private sector to search for viable gas fields and develop an extensive network of new pipelines and related infrastructure. The plan’s modelling suggests at least one new basin will be required to meet projected domestic and export requirements.

“There may be circumstances where private sector investment is not available in time to ensure priority infrastructure projects are in place when required,” the plan says. “In such conditions, the government stands ready to drive new infrastructure development.”

https://www.smh.com.au/environment/climate-change/corporate-welfare-commonwealth-to-support-private-sector-in-gas-push-20211126-p59cir.html

If you don't need the cash there isn't a problem

You'd think Falcon would release an RNS informing the market of this critical piece of news released today by Canberra....clueless

Large scale Beetaloo

If Beetaloo is developed at large scale, a new pipeline downstream of Mt Isa would be required by 2028 to transport gas towards Wallumbilla for export via Curtis Island. There is a proposal to build the NGP extension from Mt Isa to Longreach, and then the GGP from Longreach to Injune on the SWQP as shown in Figure 12. This additional capacity, alongside the expanded CGP would allow
large scale Beetaloo volumes to serve the domestic market and potentially the export market through Curtis Island

There is a real prospect of domestic supply shortfalls and higher costs for Australian gas users if Beetaloo is not developed. If that is the case, North Bowen and South Galilee basins will both need to be developed, or additional import terminals will be required.
Depending on the scale to which Beetaloo can be developed, North Bowen and South Galilee may still be required.

Medium scale Beetaloo
Downstream of Mt Isa, further incremental pipeline expansions as shown in Figure 11 would be required to transport Beetaloo volumes to southern demand centres as the basin develops. By 2025, a ~200 TJ per day expansion would be required on the CGP (route 2a) connecting Mt Isa to Ballera on the SWQP. By 2028, twinning would be required to expand to a ~900 TJ per day pipeline.
These expansions downstream of Mt Isa would be required for large scale Beetaloo production regardless of the choice of upstream connection route, if the resource is proven at scale

Beetaloo sub-basin infrastructure

New pipeline infrastructure will need to be rolled out incrementally to connect Beetaloo to the east coast gas market. If Beetaloo is developed to large scale, up to 1,700 TJ per day of gas will flow into the east coast gas market.23 The infrastructure to transport Beetaloo volumes should be coordinated closely with development activities within the basin, sized appropriately, and built for
common user access to prevent duplication and reduce transportation costs.

Small scale Beetaloo

To ensure small scale (tranche 1) Beetaloo volumes can be commercialised by 2025, a new 350 TJ per day lateral pipeline connection to existing infrastructure would be required. This new lateral pipeline could be built along one of three potential routes identified in Figure 10: a link to the AGP near Daly Waters (route 1a); a link into the NGP near Tennant Creek (route 1b); or directly to
the NGP termination point at Mt Isa (route 1c – Beetaloo to Mt Isa Pipeline (BIP)).24 If a pipeline link to the existing AGP or NGP is built, downstream pipelines to Mt Isa will require additional compression or looping.

'Given the estimated size of Beetaloo supply, the outcomes of exploration and appraisal activity has potential to shift the development sequence recommended in this plan. Based on current information and industry consultation, the Beetaloo appears the most likely new basin able to produce an abundant supply of gas, with potentially low delivered costs. However, it should be
noted that Beetaloo exploration and appraisal is at an early stage.'

https://www.energy.gov.au/sites/default/files/2021%20National%20Gas%20Infrastructure%20Plan.pdf

page 17-20

https://www.industry.gov.au/news/invitation-for-expressions-of-interest-future-gas-infrastructure-investment-framework

Invitation for expressions of interest: Future Gas Infrastructure Investment Framework