Member Info for soulac

Are we actually moving,

Oil finish @$52.61 and looks like there will be more gains next week, that’s about a 30% increase from when we first got falcon 1 flow rates. Just need the cold weather to hit USA and that will send the natural gas price up. This rise in oil and the roll our of the Covid vaccine is looking very good.
Hope we drill galaxy 1 very soon. Gla

Oil just broke $50 up 5:75%

And next drill location,gla

Cheers, I would expect final flow rates , and first payment for gas.

Did someone say there was a presentation on the 14th.???

Think we could get another rns soon, sale of shares in Norseman been trading between .40 - .48 for a few weeks . Gla

@$49;50

Two of the trades paying over the ask, hopefully a sign of things to come. Gla

Norseman up 50%

On the way back up. Could have a brexit deal within hours.

Was hoping for final flow rates and galaxy news before Xmas, come msmn .

Oil finish at $49.03. Could move into to 50s next week.

https://www.proactiveinvestors.co.uk/companies/news/936601/helium-one-has-a--unique--place-in-the-market-with-exposure-to-primary-helium-936601.html

Could be our turn soon

Falcon Oil & Gas Ltd. Falcon Oil & Gas Ltd. - Australian Government Announcement - Beetaloo Strategic Plan

Source: UK Regulatory (RNS & others)

TIDMFOG



Falcon Oil & Gas Ltd.

("Falcon")

Australian Government Announcement - Beetaloo Strategic Plan

17 December 2020 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased
to note the announcement today by the Australian Government that it
plans to provide up to A$50 million to accelerate exploration activity
in the Beetaloo sub-basin. Falcon holds a 22.5% interest in 4.6 million
gross acres in exploration permits (EP76, EP98 and EP117) covering the
most prospective core area of the Beetaloo sub-basin.

The funding is designed to fast-track drilling by providing grants to
cover 25% of eligible exploration costs, capped at A$7.5 million per
well and three wells per exploration venture. The funding will be put
towards exploration that occurs before June 2022.

The Northern Territory's Geological Survey estimates that the sub-basin
could hold more than 200,000 petajoules of gas (190 Tcf) and that, even
if a very conservative 10% of that gas was recovered, it could still
supply Australia's domestic gas demand for more than 10 years.

A copy of the press release is available at
https://www.globenewswire.com/Tracker?data=vKZ_N0nY0UlmK_3s39Vyz1GbYDLwhK2H0SAAgbC0AtrUe4SAKhN_o7IYXO4uSGqIeHr4mX57WcASwuc6Wc8jO_JXerGczomuda2ubAHnhIHnR0pItjFOKXJQwEwcjuK1l3dslB2p_2DuJLWwJg-NIlycrGs17WTxmEOT-hJV0ptnEnPeMhPv7ZR05I4uq0pGByBkBUAZSuCW5vw4tpqF1P9HsLU_gNfXx6NZndLsUqksJMS5Xna39Q-EI7hR4wUXebfuQGEflY14fa0XBQFQ3JuwcSqWSqz40p2cfdMHdMw6GlpDubm6ERiDZSXaLoFaoj_dMR91J7RsF7SNai7NIbhTV7IRs3fBmU_ieoXcsq7zCmJmetUkl8aM9w8uywv-
https://www.minister.industry.gov.au/ministers/pitt/media-releases/beetaloo-strategic-plan-will-unlock-gas-jobs-and-development.


Philip O'Quigley (CEO of Falcon) commented:

"The announcement by the Australian Government highlights the strategic
and economic importance of the Beetaloo sub-basin which it believes has
the potential to be a world-class gas resource, transform the Northern
Territory economy and generate 6,000 jobs by 2040.

We look forward to continue working with our partners, Origin, and the
state and federal governments and other stakeholders towards the
successful development of the sub-basin."

The work over on the first Duff well was completed 2-3 weeks ago??? I guess if the results are good they will move on to The 2nd work over and report them together. Or the first Duff work over is a bit problematic and they are try to work it out. Will just have to wait for that little red dot. Gla

Oil @ 48.44 Gas @ 2.69
https://in.reuters.com/article/global-markets/global-markets-stocks-and-oil-soar-dollar-sinks-as-stimulus-beckons-idINKBN28R0AH

Up another 12% yesterday.

Seems to be a more activity with Norseman up 11%. Sp at .30. Year high. and 56 trades. Maybe news soon.

Think they given up.