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I believe Origin's gas will be primarily for LNG export either to Japan (INPEX) or China and other SE Asian nations. International prices being better than domestic prices. That makes Beetaloo far more commercially valuable certainly for Origin and FOG

Jemena will without doubt now be revving up its plans to build a pipeline up to Darwin

This is Frank Tudor around 9 weeks ago -

Mr Tudor sees the development of the Beetaloo and the technological development of renewable gases such as hydrogen and biomethane as complementing each other.

“We’ve got two areas of focus in the Northern Territory. Firstly, we think the NT has enormous potential for gas as we know it today. To put the Beetaloo gas reserves into perspective the gross potential revenue from the Beetaloo would be in the order of $1.7 trillion which is the equivalent of all of Australia’s annual GDP.

“So, there’s great potential for the NT to establish an LNG trading hub to service international markets, while also leading the research and innovation piece at the same time. Some of that innovation is concentrated in the major population centres in the south, but as an export industry develops in the Top End we see that work naturally flowing northwards.”

and

“Beetaloo is a world-class resource and 200 Tcf in the Beetaloo is mind boggling. It is absolutely enormous, and it is one of the world’s largest. We are already exporting gas from the Black Tip to the east coast through the NGP. If we scaled up to 1000 terrajoules that would be four times what Sydney takes.”

Mr Tudor says any further pipeline expansion project is dependent on the work in the Beetaloo by the likes of Origin, Santos and Empire and the volumes they can come up with. He says as they scale up Jemena will develop the pipeline in parallel.

“We have more than a century’s experience and expertise in the utilities sector and with our strong portfolio of high-quality distribution and transmission assets, we are ready to make the most of opportunities for growth and innovation in our operations.”

https://www.territoryq.com.au/jemena-nt-on-track-to-lead-energy-revolution/

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nm

the Canucks like the news

Beetaloo is in Australia not NZ

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end

https://iot-automotive.news/third-generation-snapdragon-automotive-****pit-platforms-to-power-premium-tier-in-vehicle-experiences-in-2021/

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cont.

THIRD GENERATION SNAPDRAGON AUTOMOTIVE ****PIT PLATFORMS TO POWER PREMIUM TIER IN-VEHICLE EXPERIENCES IN 2021

>> Qualcomm Snapdragon Automotive ****pit Platforms Drive Growth for Digital ****pit Segment, Helping Meet Increasing Demands for Immersive In-Vehicle Experiences

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thanks all

what does that mean in boepd and in dollar terms? is it a very large figure? ta

Absolutely. FOG is now a stock that can be bought on dips but watch the US seller and see how he behaves going forward. On a 'supply-demand of stock' basis he is the unknown quantity

Qualcomm's a proper, 'switched on' operator. Their endorsement of SEE DMS makes SEE the undisputed 'King of DMS'

Can I do a BOOM?

BOOM!!!!!!!!!!!!!!!!!!

the US seller (the receiver) sells into this rise and releases some or most of his stock which of course is great for holders as the selling pressure eases over time or he now sees an opportunity to hold though of course he may lawfully oblige to continue selling to recoup whatever he can at any price at all....either way, it's a strengthening market for those holding until or if an offer materialises, which I believe is a fait accompli

enuff from me, clogged the thread, apologies

Aug 2019.....

' In all, the Stage 2 cost cap is now A$65mln. Any portion of the additional budget not spent in Stage 2 will carry over into Stage 3 (which presently has a cap of A$48mln).

Stage 3, to take place in 2019, will narrow in on the ‘liquids-rich’ gas fairways within the Kyalla and Velkerri plays, with the programme presently slated to comprise one vertical and two horizontal wells. Preparations for the Stage 3 drilling are already underway.

"Today's announcement is an exciting development for Falcon shareholders and is due to significant technical work carried out by Origin over the past 18 months,” said Philip O'Quigley, Falcon chief executive.

“The agreed acceleration of the work programme into Stage 2 is technically driven and the A$15m cost cap increase provides Falcon with additional financial flexibility.

“We are very excited about the upcoming drilling programme with the objective of appraising and assessing commerciality of the prospective plays."

Under the partnership deal with Origin, the major Australian partner is committed to cover some US$101mln of Falcon’s costs for upcoming wells.'

£75m not £753

market cap. I bet the value of FOG's carry for further drilling etc from Origin is worth more than this alone though not entirely sure what this figure is I am guessing it's still above £100m?

I can see INPEX coming in here to buy out FOG

It's a GNW release not a LSE RNS so probably this site doesn't receive the feed

+50%!!

Spot on

commercial
monetisation
visible path to commercialisation

that's what the market is looking for

activity ramping up 'DMS customers around the world'