The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
A very unconventional hydrocarbon play: the ca. 1.5 to 1.3 billion year old Roper Basin of Northern Australia. Click the link then click the blue download button to read the article. It downloads as a word document. Sorry if this has been posted before but I don't recall seeing it.
https://www.researchgate.net/publication/329267844_A_very_unconventional_hydrocarbon_play_the_ca_15_to_13_billion_year_old_Roper_Basin_of_Northern_Australia
Solo electric car under US$15,000. The future is now!
https://electrameccanica.com/solo/
It's so true. Sometimes it good to go for a morning or evening run or both.
https://www.youtube.com/watch?v=FRtd8ArvH_s
I think I have too much tied up in FOG as SOLO popped 400% last month. That's pretty sweet for Vancouver electric car Meccanica.
https://electrameccanica.com/
It's time to get the party started...
I suspect you are correct. Here's an interesting article on how Aurora brought Hilcorp Energy into the Eagle Ford as a partner to drill the 1st dozen wells. This is an older article but it may give us some insight as to what Origin might be up to.
https://www.hartenergy.com/exclusives/austin-australia-invitation-join-700-club-15654
Thank you POQ for representing shareholders. Thank you BOQ for the entertainment. We are so close that we can touch success. Best wishes everyone. Here's a sweet little tune from the 1960's.This is my 5th major oil play and a second showing with FOG. My 1st purchase at $0.75 sold off at $7.00. Can FOG reach $2 as the brain trust think. Maybe not? As a mathematician and economist, I have high aspirations for FOG. I must admit that I am a bit of a dreamer.
https://www.youtube.com/watch?v=OvE9zJgm8OY
It's wonderful to see all the expensive studies to restrict exploration, to shake the tree. It make us stronger. It's great to see all these lacky ministers pump the NT and give some direction on where their economy is going.
At the end of the day it takes investment dollars to make these projects work. I live in Alberta Canada and can tell you that no one will invest in Alberta anymore let alone Canada.
People ask, "What's it like to an investor in FOG?" Well, as a shareholder for the past 15 years this is exactly what it feels like.
https://www.youtube.com/watch?v=iBtHprjqbFo
Here's a sweet little article from February 2019 titled, "Microbial assemblage and palaeoenvironmental reconstruction of the 1.38 Ga Velkerri Formation, McArthur Basin, northern Australia."
https://onlinelibrary.wiley.com/doi/epdf/10.1111/gbi.12331
Here's a January 7 ,2019 article titled, "Geochemical Analysis And Evaluation Of Exploration Wells In The Beetaloo Sub-Basin, Onshore Australia: Application Of Real-Time Elemental Measurement On Cuttings With Source Rock Mapping And Lateral Geosteering Implications."
Click the link then click download this PDF in a full window to access the article.
http://www.searchanddiscovery.com/pdfz/documents/2019/42313di%20daniel/ndx_di%20daniel.pdf.html
Click the link then click the download button to read the 17 page article titled, "Spatial and temporal detrital zircon U-Pb provenance of the hydrocarbonbearing
upper Roper Group, Beetaloo Sub-basin, Northern Territory, Australia".
https://www.researchgate.net/publication/320744791_Spatial_and_temporal_detrital_zircon_U-Pb_provenance_of_the_hydrocarbon-bearing_upper_Roper_Group_Beetaloo_Sub-basin_Northern_Territory_Australia
Tick! Tick! Tick! Nothing can hold FOG back, even on this dark Saturday.
https://www.youtube.com/watch?v=jvEoYsNQ44Y&start_radio=1&list=RDjvEoYsNQ44Y
We are a few years away from that pleasure but we can relax to Enya's beautiful Orinoco Flow after the events of the past week. A happy 2019 to everyone.
https://www.youtube.com/watch?v=2zkjQVh5KmQ
Some of us are starting to make some serious money. Some of us will give it all away. Here's some beautiful imagery from Washington carved out from the Montana floods during the last ice age. Here's a sweet song by Emily Haines of Metric. I was fortunate to live near these lands years ago with a woman as beautiful as Emily but she was washed away in a flood, the insanity of US religion.lol Enjoy every moment. This is our time. Best wishes to everyone who has suffered for the past 15 years.
https://www.youtube.com/watch?v=jvEoYsNQ44Y&index=22&list=RDjFO4Asum68A
FOG is a beast!
https://www.youtube.com/watch?v=ufE-P9F-9AM
It's great to have you on board bigones. We are moving back to black. And no looking back. I am all in!
https://www.youtube.com/watch?v=Bn-paWx8pNw
It's all good. If we can provide Gunner with enough gas for 500 years, assist the 1st nation people with homes and public health, end world hunger, then the little drummer boy should be able to pump the share price to $2. And I will be able afford a years worth of petrol for the land rover. I will probably end up in the poor house putting 3 daughters through medical school. Daddy needs a lucky US$7.
In this article Gunner pumps the Beetaloo for 500 years at 1.4TCF / yr Australian consumption.
Bring it on!
https://www.pressreader.com/australia/nt-news/20180906/282239486509000
newtofo,
Yes, I suppose we can dicker back and forth. In September, Gunner said he learned there were twice as many TCF to 500 TCF. As we know, FOG's numbers have been out since 2017 so he would have been aware of the 500TCF in place for at least a year.
In this video he actually speaks of nearly 400 years of gas. No mention of gas-in-place. And he has spoken of Australia's annual consumption of 1.4 TCF in the past.
So if he had your number of 85TCF and 1.4 TCF annual Australian consumption he would have said we have 60 years of gas for Australia from the Beetaloo Basin.
Gunner is a politician so he many have said different things to different people.
https://www.weeklytimesnow.com.au/news/national/nts-beetaloo-basin-home-to-almost-400-years-worth-of-gas/video/b642283106e9319d7c60c308ad147d07
Nice try newtofo,
Gunner spoke about 500 TCF of gas and nearly 400 years of gas available for Australia at 1.4 TCF per year. So Gunner is suggesting there is 500 TCF of recoverable gas in the the Beetaloo. At 1.4 TCF per year, that translates into 357 years.
Falcon Oil has 500 TCF in place in the Velkerri B Shale. Possibly another 500 TCF in place in the Velkerri A/C Shale. Then there is Santo's Beetaloo gas to consider. The 16% recovery is a guesstimate with today's technology. What's the recovery percentage in 400 years. Gee, I believe they only fracked Leduc 1, Alberta's 1st well dating back into the 1950's, just a few short years ago. What did anyone know about fracking in the 1950's.
Humans are smart and all this gas will eventually be extracted.
In the mean time, enjoy tax loss selling season as shareholders sell off their losers like FOG to offset their gains in APPL. As bigones' suggests, the action should start again in February 2019. That seems about right.