Member Info for Thij

Empire well still flaring:

https://apps.sentinel-hub.com/eo-browser/?zoom=17&lat=-16.70123&lng=135.10282&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-10-05T00%3A00%3A00.000Z&toTime=2023-10-05T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22

A2h/a3h:

https://apps.sentinel-hub.com/eo-browser/?zoom=16&lat=-16.34725&lng=133.88586&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-10-05T00%3A00%3A00.000Z&toTime=2023-10-05T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22

ss1h:

https://apps.sentinel-hub.com/eo-browser/?zoom=17&lat=-16.84089&lng=133.65215&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-10-05T00%3A00%3A00.000Z&toTime=2023-10-05T23%3A59%3A59.999Z&layerId=1_TRUE_COLOR&demSource3D=%22MAPZEN%22

• Tamboran has booked its first estimate of contingent gas resources in the 100 per cent owned and operated EP 136 acreage in the Beetaloo Basin following a review of drilling results from the Maverick 1V (M1V) well.

• EP 136 unrisked 1C contingent gas resources increase to 116 billion cubic feet (BCF) and unrisked 2C contingent gas resources increase to 406 BCF.

• EP 161 unrisked 1C contingent gas resources increase to 91 BCF and unrisked 2C contingent gas resources increase to 470 BCF.

• Across EPs 76, 98, 117, 136 and 161, Tamboran’s total company unrisked 1C contingent gas resources have increased by 37 per cent to 458 BCF and unrisked 2C contingent gas resources have increased by 32 per cent to 2.0 trillion cubic feet (TCF).

• The resource upgrade has been evaluated and certified by leading independent third-party resource certifier Netherland, Sewell & Associates, Inc. (NSAI), with an effective date of 30 June 2023.

• Revised contingent gas resources do not incorporate results from the recently drilled Shenandoah South 1H (SS1H) well in EP 117. Tamboran plans to evaluate the resources surrounding the SS1H location following flow testing, which is expected in Q1 2024.

Https://hotcopper.com.au/threads/ann-tamboran-increase-beetaloo-basin-2c-gas-resources-to-2-0-tcf.7599740/

September 25. Busy site

https://apps.sentinel-hub.com/eo-browser/?zoom=16&lat=-16.34725&lng=133.88586&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2F42924c6c-257a-4d04-9b8e-36387513a99c&datasetId=S2L1C&fromTime=2023-09-25T00%3A00%3A00.000Z&toTime=2023-09-25T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22

Same site as A2h? Will be a new picture today.

https://apps.sentinel-hub.com/eo-browser/?zoom=16&lat=-16.34725&lng=133.88586&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-09-20T00%3A00%3A00.000Z&toTime=2023-09-20T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22

Thanks.

Also some reading about electricitymarket in Australia.

“This report brings readers up-to-date with happening in the Australian generation industry since the previous posts: Australian Renewables Integration: Part 1, Part 2, Part 3. While many were optimistic about Australia’s planned changes, we were concerned that technical problems would emerge and that the costs of the transition will also make the power significantly more expensive for a less reliable supply.”

https://judithcurry.com/2023/09/18/australian-electricity-generation-2023-update/

Https://piqsuite.com/reuters/analysis-strikes-knock-another-leg-out-from-under-australias-lng-throne

Https://apps.sentinel-hub.com/eo-browser/?zoom=17&lat=-16.70123&lng=135.10282&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2F42924c6c-257a-4d04-9b8e-36387513a99c&datasetId=S2L1C&fromTime=2023-08-31T00%3A00%3A00.000Z&toTime=2023-08-31T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22

Https://apps.sentinel-hub.com/eo-browser/?zoom=17&lat=-16.70123&lng=135.10282&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2Fbd86bcc0-f318-402b-a145-015f85b9427e&datasetId=S2L2A&fromTime=2023-08-26T00%3A00%3A00.000Z&toTime=2023-08-26T23%3A59%3A59.999Z&layerId=6-SWIR&demSource3D=%22MAPZEN%22

“Best reporting what Turkey wants to resume Kurd #Oil export via Ceyhan.

Won't pay $1.5b damages, wants Kurd to pay Baghdad.

Contracts to help build out of power plant & other infra

Iraq/Kurd resolve their % oil splits.

Exports could resume quickly.

Reminder shouldn't be big hit to Oil markets ASSUMING Iraq keeps complying with #OPEC quota.”

https://twitter.com/Energy_Tidbits/status/1695025790805745751?s=20

Empire energy

• C-3H was re-opened on 3 August 2023 for extended production testing following a five-month shut-in for soaking

• Empire expects testing to continue for up to 90 days

• Empire has recommenced flow testing at C-3H to extend its understanding of the production characteristics of the Velkerri Formation to refine its early production type curve analysis and continue building the knowledge base regarding optimal fracture stimulation design

• Empire continues working towards the Carpentaria Pilot Project final investment decision this year

Comments from Managing Director Alex Underwood:

"The Empire team is excited to recommence flow testing at C-3H, the longest horizontal well drilled in the Beetaloo Basin to date and the largest fracture stimulation carried out in Australian history. The results of renewed flow testing from this well will continue to build Empire’s technical knowledge base as we progress rapidly towards a final investment decision for the pilot project. Subject to FID, this would make Empire the first company to commercially extract gas from the Beetaloo Basin.

With all regulatory settings now in place to allow a commencement of production, current market forces require more gas supply into the Northern Territory and adjacent markets as existing sources of supply decline. This provides a timely opportunity for Empire to fulfill gas demand, providing jobs, royalties for the NT Government and traditional owners, and energy security domestically.

Empire’s conservative approach to capital management has ensured that the company is well capitalised to progress through its 2023 work programs. The C-3H flow testing and the work to progress to FID on the pilot project will be funded from existing cash at bank.

We look forward to sharing the new C-3H results with shareholders soon.”

https://app.sharelinktechnologies.com/announcement/asx/10cab6633983877def5b972dfbc52a67

Https://hotcopper.com.au/threads/ann-tamboran-signs-lois-with-four-domestic-buyers.7506861/

Https://hotcopper.com.au/threads/ann-quarterly-activities-report.7482406/

Https://twitter.com/staunovo/status/1679150616231256066?s=20

Stop in oil exports from #Iraq to #Turkey is something that originates entirely in a problem between Iraq's central administration and Kurdish administration. Our position is already to open the oil pipelines the moment they overcome it - Turkish President Erdogan

#oott

“The most powerful on-shore drilling rig in Australia is believed to be on its way to the Beetaloo Basin despite protests in Darwin.

A woman locked herself to a gate outside the city's port on Friday in a bid to stop Tamboran Resources moving the rig to the drill site.”

https://www.lismorecitynews.com.au/story/8262342/woman-protests-as-fracking-rig-heads-for-beetaloo-basin/

Positive lng.

“China will drive global gas demand this decade, says EIU 🇨🇳📈

📈 China's gas needs will rise 40% through 2030, while other developing countries will also use more gas to replace coal

👀 EIU's gas demand outlook is more bullish than other forecasts, like the IEA”

https://twitter.com/SStapczynski/status/1676469857502760960?s=20

“Energy industry leaders are trying to warn us there’s a shark in the water, while governments want us to believe everything is fine, to go for a swim.“

https://www.afr.com/companies/energy/australia-s-energy-grid-is-in-trouble-20230618-p5dhfv

Agree WW. Tamboran has a vision to become a big gas/lng exporter. Riddle is doing a good pr job. See slide 20 (different phases development).

Listened to the webcast. Riddle was talking about new focus of development plan. New area. Slide 19. Interesting for the value of Falcon.

“Regional analysis post-acquisition and evaluation of EP 161 flow tests validates Tamboran’s plan on targeting deeper ‘core’ regions of the Beetaloo.

− Delineating LNG-scale resource of 17 TCF (gross) 2C contingent gas resources1.

− Close to ~100 TJ per day Amadeus Gas Pipeline and in alignment with midstream pipeline partner.

− Key regulatory approvals in place to deliver SS1H and A3H drilling. SN1V subject to standard regulatory and JV approvals.”

“ The North Sea Oil and Gas windfall tax has been an absolute disaster for Chancellor Hunt.

First he deterred badly needed investment in energy.

Now his taxes are fading away too.“

https://twitter.com/notayesmansecon/status/1673600050935504897?s=20

Https://www.skynews.com.au/opinion/peta-credlin/gas-remains-a-key-part-of-australias-energy-mix/video/173065758cfecda675bf8ccabde48130

Riddle on Skynews