Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
WetWater, I am glad you like the music. I post it just to kill time as we wait for the final count down. I may have the best record trading Falcon Oil as I purchase my shares at $0.70 and sold at $7.00 for a 900% gain only to watch the stock rocket to $7.65 then tumble to $0.07.lol
I appreciate everyone's thoughts. Bigones makes a very valuable contribution. Never be a bag holder. Friend don't let friends hold stock. Always take a profit. Never fall in love with a stock. These are investor 101 lessons.
Look at Falcon's chart. A good trader like Bigones probably makes 100% a year on Falcon without taking much risk. These are valuable insights.
Truth be told, I am a creep!
https://www.youtube.com/watch?v=XFkzRNyygfk&list=RDXFkzRNyygfk&start_radio=1
Nothing compares to you! lol Here's the correct link.
https://www.cbc.ca/news/business/alberta-hydrogen-innovation-1.5290297
Company management have shat on the stock for years and their minions have pushed Falcon as potentially having a value of $2 a share. What is the value of 40 billion barrels of oil/condensate and 500 TCF of gas. Oh gee, $2 then he shat himself and took his last injection of fentanyl.
David Close speaks about the potential of this play...elephant!
It wouldn't surprise me if shareholders had to pay an additional $2/share to own this stock because it's a total **** show!
The industry moves on. There are lots of signs that fossil fuels can be developed as zero green house gas emitters. I have no faith in company management, origin, santos, POQ, these mother****ers serve their own interest and it isn't us. I do have hope that the science can lead humanity out of this quagmire. There are many signs of that:
https://www.youtube.com/watch?v=NAOKzvL8dgk
best wishes to all shareholders...
Santos has prepared and submitted this EMP for the proposed Hydraulic Fracture Stimulation (HFS) to be conducted through 2019-2020 at the Tanumbirini 1, Tanumbirini 2H and Inacumba 1/1H well locations.
Description of the Activity
Following the completion of the 2019 well drilling operations, the operator is seeking approval to conduct a program of hydraulic fracture stimulations and appraisal (production) tests of the Velkerri Formation in the Tanumbirini 1, Tanumbirini 2H and Inacumba 1H wells. The Hydraulic Fracturing Program will commence only after a successful drilling and well integrity assessment is complete for each individual well. The Drilling and Civil works required to prepare for the Hydraulic Fracturing Program, including the upgrading of access tracks and creation of infrastructure at the leasepad, are covered in separate EMPs which have been submitted to the Department of Environment and Natural Resources (DENR). The only additional surface disturbance required for this EMP will be drilling of approximately 50 shallow holes for surface tiltmeter installation around each wellsite and surface site preparation for installation of passive seismic monitoring equipment.
The HFS program is anticipated to commence in approximately October 2019 and conclude in approximately November 2019. The HFS program will be followed by production testing, for which we are seeking approval for 365 days (post commencement of production testing) and anticipate that the testing program will run between 90 and 365 days.
HFS is not part of the drilling process but is a completion technique applied after the well is drilled. The intent of HFS is to place a highly conductive channel (sand size proppant) into the reservoir to increase the flow capacity of the well and increase the production of gas. The process involves the injection of a water based fluid system at high pressure into a cased wellbore over a number of intervals or stages along the reservoir interval(s) intersected by a well. This technique is typically used in low permeability reservoirs that cannot sustain economic production, such as shale. It is a process that has been used in the oil and gas industry since 1947 and has been successfully used on wells in the Cooper Basin for nearly 50 years and is currently performed in many basins around Australia, including the Amadeus Basin in the Northern Territory.
On completion of production testing, the wells will either be suspended for future re-entry, suspended on build-up, or decommissioned with permanent cement plugs. For suspended wells, wellbore barriers will be put in place and will be monitored through a Well Integrity Monitoring Plan; and the well and well-pad will be monitored and maintained. At the completion of operations all surface infrastructure will be removed (excluding the well head).
https://denr.nt.gov.au/onshore-gas/environment-management-plan/review-emp/santos-mcarthur-basin-hydraulic-fracturing-program-2019-ep161
Third try is the best.lol
https://www.youtube.com/watch?v=JgxltDbSDec
Opps! That was my QUEEN and favorite artist. This is Jealous of your cigarette.lol
https://www.youtube.com/watch?v=rPAhV9gRalU&list=RDEMkK2NSs_F78yYrJZkDQpdgg&index=4
Smokers get a shorter sentence than long term shareholder. My sister gets 6 months life expectancy for smoking. I've been tortured for 15+ yrs. I am jealous of your cigarette!
https://www.youtube.com/watch?v=rPAhV9gRalU&list=RDEMkK2NSs_F78yYrJZkDQpdgg&index=4
I am getting tired of the Cattlemen Association bullies.
https://www.youtube.com/watch?v=nBVsB6lpMis
May your life be filled with joy!
https://www.youtube.com/watch?v=ZuG6d-sDvls&list=RDZuG6d-sDvls&start_radio=1
It's possible that Santos bring in the Ensign 965 rig as it is wrapping up in the Amadeus Basin.
"Santos said it is wrapping up drilling of the Dukas 1 well in the Amadeus Basin with the Ensign 965 rig and will determine the rig’s next location based on its release date. Kevin Gallagher, Santos managing director and chief executive officer, said the company will “be moving as quickly as possible and doing our best to beat the approaching wet season.”
“We drilled Tanumbirini 1 in 2014 and liked what we saw, so we are delighted to be in a position to resume exploration drilling,” said Gallagher. Tanumbirini 1 was drilled to almost 4 km and showed “significant quantities of shale gas were present in the Velkerri shales,” according to the company’s web site."
https://www.spe.org/en/jpt/jpt-article-detail/?art=5761
For those who appreciate a bit of Mozart with all the positive movement:
https://www.youtube.com/watch?v=Rb0UmrCXxVA
The company will now begin drilling the Tanumbirini 2H and Inacumba 1/1H wells on Exploration Permit 161 of the McArthur Basin.
https://www.fircroft.com/blogs/santos-approved-for-australian-onshore-shale-gas-exploration-92062592513
The EMP could be issued before the end of August.
"Where it relates to the drilling of a well or to hydraulic fracturing, an EMP must be released for public comment for 28 days. There are some exceptions to this publication requirement including for a modified plan or a plan relating to the drilling of a water (cl 8A and 8B PER).
The public comments received by the Minister must be published.
The Minister must then:
make a decision within 90 days to approve the EMP; or
give the interest holder a resubmission notice; or
extend the time to consider the EMP (cl 11, PER)."
https://www.edont.org.au/fracking-approval-process?fbclid=IwAR38yTETAzcwRW7ikhRcLiBEt-1azKaXMJ_FpSplFccyWR0hszc0NWIe1-k
Page 43 shows the Inacumba-1H horizontal will be 2000 meters. Page 45 shows the Tanumbirini-2H at 2000 meters.
https://www.google.com/search?client=firefox-b&ei=EgIxXbebJajh0gKewbGQAw&q=Santos+NT+Exploration+Permit+%28EP%29+161&oq=Santos+NT+Exploration+Permit+%28EP%29+161&gs_l=psy-ab.12..33i160l4.111638.156106..159300...2.0..0.200.4348.1j32j1......0....1..gws-wiz.......0j0i131j0i22i30j0i22i10i30j33i21.vbUneIlf2jE&ved=0ahUKEwi37IHv0L_jAhWosFQKHZ5gDDIQ4dUDCAo
My former wife who practices Medicine in the US obtained her medical degree in Canada, 9 years of post secondary education, at a cost of US8,000 including living expenses in the 1980's. I live on the Montnay/Duvernay fields 500+TCF gas/60+Billion barrels of oil near Ft Mac with 1000+ Billion Barrels of oil. The nearest frack is 300 meters from my house behind the treeline. There are 1000's of pump jacks in my community. Ya, I am a capitalist/socialist. Free healthcare and education for all. Jasper/Banff are world class destinations within 200 miles. My message to Australia is you can have a prestine environment and fracking. NT/Santos/Origin/POQ are going to have to move the ball forward because this has been a ****show for far too long.
From Environmental Defenders Office NT Inc. on facebook.
On 16 May 2019 the Legislative Assembly referred the Environment Protection Bill 2019 to the Social Policy Scrutiny Committee for inquiry and report in accordance with clause (4)(c) of the Committee’s PDF Document IconTerms of Reference by 6 August 2019.
On 20 June 2019 the Legislative Assembly approved an extension of the report date to 17 September 2019.
https://parliament.nt.gov.au/committees/spsc/94-2019?fbclid=IwAR0ERgkw09JCDrNno1hQakcgZzDrnp-XQv8qTmisdhgEAZtuTPuNYwcITo0
I look at the images of the little girls being used as pawns by Don't Frack the Territory. They are being pimped out by someone. That's wrong. The NT could offer free university to 1st Nations people. It's certainly something that happens in Canada. Some of my 1st nations colleagues have received a free home and $100,000 on their 18th birhday. It hasn't worked well because an 18 Year old child spends $100,000 in about a day. We are human and capable of learning so instead of $100,000 at 18yrs maybe an annuity of some sort. I see my daughters in those little girls. My girls will have the opportunity to get medical degrees in Canada for 25% of what they would pay in the USA. Thank you oil and gas. A sweet US$150,000 saving.lol
https://www.facebook.com/DontFrackTheTerritory/photos/a.455522494534161/1047060885380316/?type=1&theater
Sorry the link doesn't work. It's confirmed on page 93 of the 200 page EMP.
https://www.google.com/url?sa=t&rct=j&q=&esrc=s&source=web&cd=5&ved=2ahUKEwjAzv3T17zjAhXqh1QKHZBpCQ8QFjAEegQIARAC&url=https%3A%2F%2Fdenr.nt.gov.au%2F__data%2Fassets%2Fpdf_file%2F0006%2F706155%2Fep117-origin-betaloo-basin-kyalla-emp.pdf&usg=AOvVaw05DosAXTTl5szyVBKHbUb0
Yes, Amungee Mungee is the station of the second well Velkerri 76-S2-1 as confirmed on on page 83 of this document.
https://denr.nt.gov.au/__data/assets/pdf.../ep117-origin-betaloo-basin-kyalla-emp.pdf