Member Info for VisitTimor

And there you have it ""participate in Timor-Leste's INFRASTRUCTURE CONSTRUCTION.........

Only 3 large INFRASTRUCTURE projects remain on the books

Beaco (alt Natarbora) Multi string Gas/LNG Exports refineries and port - connected to a Sunrise HUB

Betano Oil refinery - Refurbishment and Expansion

Metinaro Petroleum Import Terminal P.I.T. - All fuels , includes a single string Gas/LNG Imports facility plus 90-120 day tank farm, SDP 2011-2030 Plan - Domestic security with all 3 on Island power stations to be converted to gas by 2025/26

The 3rd being ideally suited to Sundagas FPSO plans , 1-2 well initially - CH2 spud Q4 2024

On FFD (25-30 Wells) could move to Sunrise HUB, Shells 90's FULL 3,571 sq km mapping and seismic had more leads to the West and South West, they thought Oil or more likely more gas over large condensate fields. Boil only played with 800 sq km , seismic re run pulled in the edge of one of those leads , now called Quokka (more to come)

Condensate would go to Betano , so in theory to a developer moving on Chuditch , could long term be involved in all three projects......... happy days for someone 👍 but us first 😉😂

Get that FID out with some deets TL, Probably been waiting for Metinaro construction funding , pre announcement, looks like China BRI on its way..........GLALTH 🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑🤑

On April 4, 2024, Wang Yi, member of the Political Bureau of the Central Committee of the Communist Party of China and Foreign Minister, held talks with Timor-Leste's Foreign Minister Ben Dito in Guangxi.

The two sides can deeply align their development strategies and expand areas of cooperation under the framework of the “One Belt, One Road” initiative. China is willing to establish an agricultural cooperation working group with Timor-Leste, deepen local exchanges, participate in Timor-Leste's infrastructure construction.

https://www.mfa.gov.cn/wjbzhd/202404/t20240404_11276526.shtml

Timor-Leste looks forward to working with China to enhance high-level exchanges and promote the implementation of more projects under the framework of the Belt and Road Initiative, with the aim of achieving the greater development of the comprehensive strategic partnership between the two countries.

https://english.news.cn/20240404/cc1d180973a744fea5e9f3802330c056/c.html

BRI Major projects , nuff said😉

Only Portuguese version available , couple of extracts

April 1 to 4, 2024, ASEAN Secretary-General Kao Kim Hourn paid an official visit to Timor-Leste. This visit was marked by a series of official meetings, a discussion session with members of the Government and the launch of the “Future ASEAN Leaders” Program.

During his stay, the Secretary General paid courtesy visits to the President of the Republic, José Ramos-Horta, the President of the National Parliament, Maria Fernanda Lay, the Prime Minister, Kay Rala Xanana Gusmão and the President of the Chamber of Commerce and Industry of Timor-Leste (CCI-TL), Jorge Serrano.

The “Futuru Líder ba ASEAN” Program aims to develop the capacity of young Timorese leaders, aged between 23 and 37, with regard to their understanding of ASEAN and their contribution to Timor-Leste’s development agenda in the context of regional integration.

http://timor-leste.gov.tl/?p=37115&n=1&lang=pt

Strange place TL , vast majority of the population very young, old ex independence freedom fighters still rule all, lot of frustration with them from the young populous, credit to Gusmao, he has stuck to his guns, his Tasi Mane vision, has always been about creating its own, up-mid-downstream industry and JOBS for all young Timorese. 👏

Gusmao has God like status on the Island, so they will always back him, leader of the freedom fighters , first leader and latest PM , a lot in between including being President.

Hence his last minute stand down when favourite to win the Presidential election in 2022 and getting BFF Horta to stand, who even said in, surprise a speech, he did not even want to be back in politics but would do so to support Gusmao , who would then return to politics, standing for the 2023 PM elections. Worked both landslides , he got the band back together again.

Can they now finally , beat the drum..........we go again next week. 🤔

Https://media4.giphy.com/media/v1.Y2lkPTc5MGI3NjExM3pmYzMzYm04bm03emE4NjUwYm1zd25heDdsdzd3cW5hOHl1cTdnaiZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw/l2Jejt7O03eXaRQre/giphy.gif

And a tick up , late Friday , Attenborough's lesser spotted FOMOF , often seen in the last 20-45 minutes, or a good sign for next week , will take either 😉😂

Guessing its the lesser spotted FOMOF , or still in hiding until next week 😉😂

Not a lot this arvo , AIM up to 435m , AQSE stuck on 13m

Https://twitter.com/vast_resources/status/1776220652858466346

Fear of Missing Our Friday's, as Attenborough said a rare bird often spotted in the last couple of hours, the lesser spotted often far more spectacular BLUE plumage in the last 20-40 minutes......... GLALTH

AIM Volume now 430m , AQSE still stalled at 13.6m 🤔

Our Colin Murray a senior player in that org and Seapex, recently had an event in London, same for June some big names attending, hope he has already directed some from the recent event AB's way.🤔

Like AB, Colin a very good presenter, had multiple slots in the first two TL oil and gas conferences, one on Sundagas/Chuditch and another on regional history and seismic of the whole tl sea

All of which like our current gas value, not worth the rise it deserves, until the locals , give a permission denied others

Nicely put Shouston 😅

Christoff, said for a long time , think our Chuditch part of the domestic security plan, expected 5 years before Beaco operational , FID now overdue, talks this week in China , Horta visit soon.

Senior China Gas has visited the Island already, MOU between the two ministries, 3 power stations gas conversion etc

Chud spud Q4 2024 ----------- tl powered by gas plan 2025/26

If it etc

AQSE , always has a part to play on any GOOD or BREAKOUT days on Boil

Even better the AQSE has woken up, not a lot but its alive , past two days Volume ZERO.........

AQSE Volume 13,613,367 👍

12:06:29 0.05644 6,000,000

Nearest trade to that time, would suggest its another chunk of overhang cleared, extra large buys, normally at a premium to prevailing prices.

Either way , its good , another chunk gone👍

Gusmao , years ago when also PM, having denied Shell/Conoco 2002 taking Sunrise to Darwin (mothballed 2004)

"its our oil and gas , it will all come to the Island , we do not need the help of the outside world" even made it a decree law

well , we all know how that's worked out, now Imminent China BRI Support , OZ/woodside etc, etc........

Not just our gas give zero value, (exxon) Mobil same year as Shell CH1 discovery drill , found Kelp in TL Waters , gave it a rating of 10-5 - 14 tcf 1,785 - 2380mboe, last read during the bid round, it still had neither a valid license or operator. Guess TL keeping that one on the back burner for themselves, once Sunrise HUB and Beaco up and running. 🤔

9th September 2021 , TL announced new studies of their own, in place of the old very poor sketchy plan, the plan was for co-ordinated development of CHUDITCH , Sunrise and Kelp, with all to feed Beaco from the get go.

Meanwhile Yeo ho ho and co , announced after exhaustive studies of multiple options, had chosen FPSO for Chuditch.

One of many , statements the TL side have made , that in particular the Sunrise JV and OZ Gov meetings side have, said otherwise to their statements.

Hence the long term mistrust remains, until they come out and do what they have said many times, in local press to their people , like Sunrise and Beaco imminent , very soon etc, for 22 years, even a lot of our flyby night aim ceo's dick and harry definitions of soon and imminent are a lot less than that........ 😂🤣😂

That stance has got them nowhere, now facing a fiscal cliff and bankruptcy , TL have to work with, not against foreign investors and the sector experts. 👍

Never been given any real value for Chudtich from day 1 , when took 33% of Sundagas / 25% Chuditch and indicated the old Shell figures and mapping over 5tcf with lots of upside across a massive license 3,571 sq km , Boil/SG have only played with 800 sq km, not even 25% of the license.

JPDA Joint Petroleum Disputed Area , force majure etc ended in 2018/19 with the ratification of international arbitration and settlement of the TL Timor Sea boundary area. Industry/potential investors only now waking back up.

First big boost to us could come from the imminently expected Sunrise agreement, its still carried on Woodside books at $0.00c for its 34% of 5tcf plus 240mb Condensate. AKA 1,090 million boe.

That use to be on their books for hundreds of millions, marked down year on year, due to the politics and impasse, until ZEROED a few years ago. It gets settled and that value returns , have to expect our 60% of Boils limited area 3.5 tcf (510mboe) to do the same

He gave Boil the opportunity to do something in the first place, related Dr. Butlers on both boards 😉😉 say no more centurion.