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Sadly 0.25p will not be today, today would be nice to slide past 0.025p

Both AB and Colin Murray , involved with regional and worldwide , presentations and conferences, through Seapex and associated organisations, Colin recently presenting in London for e.g.

Right people , now in charge 👍

https://www.seapex.org/

AB remains a VP of Seapex, just look at this years sponsors and top sponsor , ExxonMobil, now what an RNA over the rns news wire that would be Mobil return (Mobil discovered Kelp TL waters 1998 same as Shell Chuditch , Kelp also remains idle Mobil gave a 10.5-14 tcf rating to Kelp)

Monster known finds, more to be found, Area P that links Chuditch and Sunrise, long thought to hold the Hydrocarbon Kitchen that supplies BOTH, ENI now holding that block, they like others , might just fancy taking Chuditch as a HUB of their own, ready for new discoveries on both wider Chuditch License (known Shell leads) and its Area P.

ENI have big partners in other JV/projects around Australia and Timor sea, most notably INPEX and Santos, still would not rule out more than one incoming JV/Partner , Shell thought wider Chuditch license bigger than Sunrise and it was , Shell , Conoco Phillips , Woodside and Osaka gas originally (before the 2 decade impasse)

Big asset , warrants BIG players to develop properly, with 25-30 well FFD potential. 😲🤑🤑🤑🤑🤑🤑

Said for a looooooooooooooooooooooooooooooooooooooong time AB should be in charge, massive regional and worldwide connections via his other hats (vice president seapex etc) and he and his team, developed the Islands industry from 2016 and still train to this day, long before snail paced Yeo ho ho and company came in in Jan 2020.

Best news Boil had in 4 years , was his appointment as ceo. Right man , right time , known huge frontier play opening back up (oz and Indonesian Timor Sea waters PROLIFIC since the 1970's) TL Timor Sea waters , the to be filling from drilling in that tri country sandwich. 😉👍 GLALTH

Bit out on the last one Trade, the provisional drill slot for CH2 is 20th December, testing/results likely during Jan 2025, if we get the rig handover in time

Orange basin been swallowed up, which means, they want more acreage, its Walvis basin next for the land ,or in this case ocean bed grab by the Industry leaders, was a discovery made on the edge of the Walvis recently onshore, near the port town of Walvis itself, limited drills in the offshore Walvis in the past , all came up Oil or Oil/Gas shows, so they know, a hydrocarbon kitchen present, just need to drill those large seismic leads, it must be migrating to one or more of them.

In both so happy days 😉 GBP/TRP should both do well once the land grab starts, both huge leads on acreage. 👍

Orange basin been swallowed up, which means, they want more acreage, its Walvis basin next for the land ,or in this case ocean bed grab by the Industry leaders, was a discovery made on the edge of the Walvis recently onshore, near the port town of Walvis itself, limited drills in the offshore Walvis in the past , all came up Oil or Oil/Gas shows, so they know, a hydrocarbon kitchen present, just need to drill those large seismic leads, it must be migrating to one or more of them.

In both so happy days 😉 GBP/TRP should both do well once the land grab starts, both huge leads on acreage. 👍

Posted a similar articles to this back then (October 2022) with the Chevron ceo stating , this is just the beginning , we plan to DOMINATE Namibian acreage moving forward. Now stepping up their game, more acquisitions/JV will follow.

Namibia

Chevron's Orange Basin acquisition is part of wider Namibia strategy

The acquisition of Block 2813B by Chevron, which is expected to be announced soon, is the first step in the US oil major's wider strategy to conquer Namibia.

https://www.africaintelligence.com/southern-africa-and-islands/2022/10/03/chevron-s-orange-basin-acquisition-is-part-of-wider-namibia-strategy,109830015-art

Others will follow Chevron's planned expansion of Namibian assets. 👍

Posted a similar articles to this back then (October 2022) with the Chevron ceo stating , this is just the beginning , we plan to DOMINATE Namibian acreage moving forward. Now stepping up their game, more acquisitions/JV will follow.

Namibia

Chevron's Orange Basin acquisition is part of wider Namibia strategy

The acquisition of Block 2813B by Chevron, which is expected to be announced soon, is the first step in the US oil major's wider strategy to conquer Namibia.

https://www.africaintelligence.com/southern-africa-and-islands/2022/10/03/chevron-s-orange-basin-acquisition-is-part-of-wider-namibia-strategy,109830015-art

Others will follow Chevron's planned expansion of Namibian assets. 👍

The routine TL Cabinet meeting ,has been moved from its usual Wednesday slot, to TOMORROW 9am Local , 🤞🤞🤞🤞 its for some China MOU/BRI/GDI /Gas LNG Infrastructure (Metinaro/Power Grid) news , not more, Pope is visiting preps. 😉😂

Same being reported by the local Timor Leste NGO Lao'Hamutuk , as posted Friday

Baron Oil is seeking investors to back a relatively low-risk appraisal drilling campaign at the Chuditch gas field offshore East Timor. Possible suitors include Eni, Inpex, Santos, Petronas, and even Chinese national oil companies (NOCs), for the potential LNG project. Significantly, the field, discovered by Shell in 1998, is expected to be larger than initially thought, following modern seismic interpretation work, Baron Oil told Energy News in a recent interview. The mean contingent resource is now estimated at 1.16 trillion cubic feet (cf) for Chuditch, up from around 700 billion cf previously. Adjacent prospects offer an additional 2.1 trillion cf of prospective resource potential. Baron expects to drill a Chuditch-2 appraisal well in late 2024, subject to drill financing. "We have several discussions with various parties for financing and we are working on all aspects of funding. However, we are very confident that we will drill, hence preparations are already underway," Andy Butler, Sunda Gas, told Energy News.👍

As I first posted Friday , ,ENB also reporting , we could be looking at some real up market partners. 👍

Significantly, the exciting opportunity is thought to have attracted interest from LNG investors. Baron Oil is seeking investors to back the relatively low-risk appraisal drilling campaign at the Chuditch gas field offshore East Timor. Possible suitors include Eni, Inpex, Santos, Petronas, and even Chinese national oil companies (NOCs), for the potential LNG project, as ENB reported last November.

https://www.energynewsbulletin.net/exploration/news/4201600/location-chuditch-gas-probe-timor-leste-lng-potential-eyed

DHAHRAN, Saudi Arabia – Aramco, one of the world’s leading integrated energy and chemicals companies, has signed definitive agreements to acquire a strategic minority stake in MidOcean Energy for $500 million. MidOcean Energy is a liquefied natural gas (LNG) company formed and managed by EIG, a leading institutional investor in the global energy and infrastructure sectors.

https://midoceanenergy.com/aramco-to-enter-global-lng-business-by-acquiring-stake-in-midocean-energy/

That behind a paywall, ref's to Saudi Aramco getting a foothold in OZ Gas/LNG through MidOcean Energy

here's their own article, looks like they are on the hunt for more in the region also, links with Japan supply.

https://midoceanenergy.com/eigs-midocean-energy-completes-acquisition-of-tokyo-gas-interests-in-portfolio-of-australian-integrated-lng-projects/

Our focus on integrated projects is central to the strategy and affords MidOcean the opportunity to capture value across the full LNG value chain.”

“The acquisition of these high quality, cash flowing LNG projects is a significant milestone in MidOcean’s strategy to build a diversified, global ‘pure play’ integrated LNG company that supports the world’s transition to a low-carbon future,” said De la Rey Venter, MidOcean’s CEO. “This transaction accelerates our ambition to be a leading player in the global LNG sector for decades to come, and we look forward to servicing key LNG customers in Japan, Asia and across the globe.”

ENB , now the Saudi's moving into the Australian LNG Arena........ 😉👍

https://www.energynewsbulletin.net/markets/news-analysis/4200792/deep-dive-saudis-taste-australian-lng-projects

DEEP DIVE: Saudis get a taste for Australian LNG projects , Saudi Aramco is presenting itself as a trusty ally for Australia’s LNG growth plans

😂🤣😂👏👏👏

https://y.yarn.co/93a8b185-ba75-40c3-9068-94031aa7bc99_text.gif

Pick the ***** out of that lot 😉😂

https://y.yarn.co/0da04643-ff4b-4f76-9bdc-7c016ce4180e_text.mp4

Baron Oil is seeking investors to back a relatively low-risk appraisal drilling campaign at the Chuditch gas field offshore East Timor. Possible suitors include Eni, Inpex, Santos, Petronas, and even Chinese national oil companies (NOCs), for the potential LNG project. Significantly, the field, discovered by Shell in 1998, is expected to be larger than initially thought, following modern seismic interpretation work, Baron Oil told Energy News in a recent interview. The mean contingent resource is now estimated at 1.16 trillion cubic feet (cf) for Chuditch, up from around 700 billion cf previously. Adjacent prospects offer an additional 2.1 trillion cf of prospective resource potential. Baron expects to drill a Chuditch-2 appraisal well in late 2024, subject to drill financing. "We have several discussions with various parties for financing and we are working on all aspects of funding. However, we are very confident that we will drill, hence preparations are already underway," Andy Butler, Sunda Gas, told Energy News.

More to follow

The Chuditch PSC expires next month and extending another year into 2024 will require the operator to commit to drilling an appraisal well, which could easily cost US$25 million to US$30 million, Robert Chambers, an APAC-focused upstream energy expert, told Energy News. Funding the drilling could prove challenging for Baron, so an ideal solution would be a farm-in partner, who could carry them through this period, added Chambers. Baron have set out several potential developments for Chuditch and the other prospects in the PSC. Commercialising the gas will require access to an LNG liquefaction facility, be this a floating LNG(FLNG) plant at the field, a new onshore LNG plant in East Timor, or the gaining of access to existing or expansion LNG trains in Darwin, such as Santos' Darwin LNG or Inpex's Ichthys LNG. Of these, the standalone FLNG solution is likely to present the quickest path to first gas, added Chambers. "Based on Baron's resource estimates, a standalone FLNG development around the 2 million tonnes per year (t/y) scale would certainly be commercial in today's LNG price environment," noted Chambers. Moreover, "the new government in Timor Leste is very focused on accelerating oil and gas development and understands the positive impact that the revenues could have on the country's economic future. Timor-Leste has seen positive signs, with a successful 2022 bid round seeing blocks awarded to Santos and Eni," he added. "It is likely that any investor would require experience in the LNG space and, ideally, the experience and patience to navigate the above-ground challenges. This would put companies such as Eni or INPEX into prime position. Santos could also be included on this list, but will likely be focused on solving their development challenges at Barossa. Other options could include PETRONAS for their FLNG expertise or the Chinese NOCs," said Chambers.

More to follow

LNG opportunity attracts attention. Marc Howson, Head of Asia at Welligence Energy Analytics, told Energy News that "Chuditch is a significant shallow-water discovered gas resource, located near several gas-short Southeast Asian

markets. It therefore does attract attention from investors willing to consider taking appraisal risk on a project likely to start up by 2030." "Potentially interested investors include FLNG infrastructure companies, who would consider taking

upstream exposure and would help progress the development with technical expertise as well as funding. Private energy-focused investors, with medium-term investment horizons, are also likely to be interested in Chuditch," added Howson. "Assuming a new investor contributes towards drilling costs, we expect an appraisal well to be drilled on Chuditch in late-2024, followed by potentially another appraisal well in 2025. If successful, the operator could take FID on a Chuditch FLNG project in 2026, before first gas/LNG production by 2030," said Howson.