Member Info for tnbird

Too funny

Bornto........great points on both thoughts....Origin and Empire...........things are in play

Animal......now that's funny right there

:-) Darnit........sadly.... but....yes...... a very funny accurate sarcastic point. Origin is a joke in itself when it comes E&P work much less clarity of information. I'm still wondering why POODS wanted POQ to "shut up" as well. Being quiet certainly can't help the cause :) Oh......I guess its the ole cliche' "silence is golden"........not working in this application

Given the abhorrent lack of clear and concise information delivery you may be on to what is the underlying truth......outside of their clear lack of capability......HMMM Falcon chose these folks.....$$$$........!!!! We will likely win, but the downside is with lack of info along the long and agonizing roller coaster ride

Ugh. Hope Newto’s view holds and the Beetaloo does t get closed over a case or two.

Newto. I hope you’re correct but politics tend to spread rapidly. https://amp.smh.com.au/national/australia-covid-live-updates-sydney-plunged-into-two-week-lockdown-as-cases-continue-to-grow-across-nsw-20210626-p584jg.html

Uggg. And….Australia is about to Covid lockdown again due to infection rates from the new variant. Wow. The battle continues.

I concur. There has to be a significant reason for the lack of activity (communication and site performance). Your hypothesis makes good sense. Let’s hope you are correct and we see closure soon.

Gosh.....maybe Origin could call Empire and ask them for some help!! :-)

Truly a shareholder disgrace represented by Origin and Falcon........The lack of information and appearance of no activity is actually beyond a disgrace to shareholders. Some can try an justify the lack of info and activity but there is really nothing that can be said to support quality business management at this point in time. Here we are June 15, 2021 and the appearance of do nothingness is disgraceful. I am sure like most....hanging in because we've been here too long to walk. The geology looks awesome but delivery of development is beyond sad. Have made some minimal financial progress with Empire on a small share ownership scale but at least they are informative and represent a positive quality of effort.

And……Origin needs to do their Job as operator of our assets. So far…..pathetic for 2021. POQ…..needs to do his for what he’s paid……and for 2021…also pathetic.

Well...it's presently 2:35AM June 9 in central Australia...............hmmm......Did he say anything at the presentation?? :)

@ Newto. another quote from your recent post “The changes to the JV in April of last year gave Origin the formal ability to go out and do Farm-in deals if they wanted -- which would be very much in Falcon's best interest -- as any Farm-in would increase Falcon's value going forward. This minor change was not in the written press release, and wasn't really required to be noted -- as Falcon would never have refused a Farm-in by Origin prior to the renegotiated JV in April of 2020 anyway.”

So. Again. Please clarify what public basis supports this view your putting out there. Is there inside information that makes this true???Where is this formal ability publicly know. other than there statement they plan to consider farming down. Is that the basis of Falcon being subservient to that posture??? Just trying to understand how this is factually known.

Newto: Some Clarification.....would be helpful....you state "Origin was given the full right to go ahead and do any Farm-In deals they wanted a year ago when they increased the spending cap and both reduced Falcon's ownership position and gained full control over the E&P timeline. Origin's newly acquired control let's them do Farm-Ins without Falcon's approval whenever they want to do so"

What evidence in the public domain exist regarding your statement.....below is the only public information that can be found regarding the new deal posted as of April 7, 2020 ........https://falconoilandgas.com/2020/04/07/beetaloo-farm-out/
If more is out there please direct us to the info........
I tend to believe given Origin and Falcon's lack of movement that Oil's hypothesis could be accurate albeit at a market limited valuation based on knowns within our permits and those outside our permits. Like you Newt......I agree commercialization will be more advantageous long-term but the key word......is LONG.....two more years is probably even frustrating to Nicholas et al......For 2021.....nothing is occurring so something through a common sense lens must be up!!! What can this ridiculous delay in effort be about??

Powerful Opportunities Quashed….new mantra for our wonderful leader POQ. LOL.....Here we are almost six months into 2021 and no evidence exists that something is underway for the development of the resources we jointly own in the BEETALOO BASIN. Supposedly world class resources….we are told and the industry and government seem to support. All I can say is……WOW. How can we go from “get it done” actions to no action at all? I know I’m singing to the choir, but this is beyond sad. At a minimum, we should be updated on what is not occurring and why!! As joint owners of this resource we deserve that disclosure. While pure speculation I admit, the change in POQ’s posture since the new deal with Origin is alarming. Why the continued silence when we hear, fairly consistently, from Santos, Empire et al on status of actions? Origin as an E&P manager is pathetic (or they have a hidden agenda) and the deal organized by POQ is yes….on POQ’s back. If he agreed to sign an NDA restricting release of information within the structure of the new deal reducing our level down to 22.5% while also relinquishing operational control he should at least disclose that his information sharing is restricted….tough as that may be!! But, one hidden positive could be that a deal, while probably very low compared to what could be, may be driving the slow movement….doubful I know… but possible. Silence can often point to actions being organized to define the terms of an acquisition with the silence in place to protect accidental disclosure of pending potential steps. Perhaps “pie in the sky” but maybe the silence has a positive purpose. Hopeful conjecture I know!!

@ eaglerbf

Unfortunately your analysis of the now may be correct given the evidence before us as to the doing of nothing and lack of willingness to openly define/disclose dates of action!!!

19 March 2021 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to provide details of the 2021 work
program in the Beetaloo Sub-Basin, Northern Territory, Australia with our joint venture partner, Origin Energy B2
Pty Ltd., a wholly owned subsidiary of Origin Energy Limited (“Origin”).
The 2021 work program is expected to include the following:
Resume clean-up operations of Kyalla 117 N2-1H ST2 (“Kyalla 117”) and commence an extended production test
(“EPT”) .............................................................................................................. (YES....BUT WHEN)
Drill Velkerri 76 S2-1 vertical well (“Velkerri 76”)............................................. (YES....BUT WHEN)
Perform a production test at Amungee NW 1H................................................ (YES....BUT WHEN)

Gosh.....Maybe when its really temperate in June and or July.....this is becoming a joke in terms of lack of information sharing.....WE WAIT and Force speculation as owners of this company.....I suppose we will eventually win but details of the planning would be so very nice to hear..........

Well. At least Origin is doing something .........IN Western Australia. Oh Well.

Well stated BC ??

Really is sad the lack of information sharing by Origin and Falcon....!!!