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Thinking to low, pre gas boom, below extract for Sunrise at Oil and Gas Conference, Shell thought Chuditch on development probably bigger, giving Chuditch , Bilby , Wombat (now chud chud NE chud SW) 5 tcf, with multiple leads to the West including Bandicoot (now Quokka) they thought Oil or more gas over LARGE Condensate fields.

Offshore Greater Sunrise: A $75 billion oil and gas giant​

Timor Leste is the majority shareholder in the Greater Sunrise fields, containing more than 5.13 trillion cubic feet of gas, worth at least 50 billion dollars. The blocks contain 225.9 million barrels of condensate reserves, worth over $15 billion.

More recently when the two Andy's visited the Timor Leste Ambassador in London, the Ambassador in his statement said Chuditch worth over $10 BILLION to Timor Leste, at the time the NOC Timor Gap held 25% (since raised to 40%) Based on Boil's still limited 800-1200 sq km mapping (versus Shells 3,571 sq km) Making the smaller developed by Boil area worth over $40 BILLION, plus a lot of upside to come.

Likewise Shell placed a COS of 100% on all future Chuditch (ch1 discovery region) drills, which our CH2 is, with a SIX times estimated reservoir depth 149m v 25m ch1, that will result in an increase of GIIP/reserves etc, its only going to keep getting bigger.

Locals also reporting the as reported Friday , Macao China/CPLP event

https://en.tatoli.tl/2024/04/18/minister-lay-to-sign-action-plan-for-economic-and-trade-cooperation/18/

At least we are now being reported in the local press, vice years of an occasional footnote 👍

https://en.tatoli.tl/2024/04/18/baron-oil-provides-operational-update-on-chuditch-psc/12/

Https://www.aien.org/forms/meeting/Microsite/AP19April2024

Posted it on Friday, with a hope , one of the youngsters on the board, might find a youtube or other video of the event, they often pop up , after such events and conferences.🤞 that or AB puts a link out on Boil twitter/X.👍

Got a mention in the proactive weekly round up also

https://www.proactiveinvestors.co.uk/companies/news/1045720/proactive-oil-and-gas-weekly-highlights-88-energy-challenger-energy-i3-energy-1045720.html

For the Timor-Leste delegate at the Macau Forum, António Ramos da Silva, “attracting more capital flows from the Greater Bay Area (…) is the main mission” of the Timorese delegation, led by the deputy prime minister, Francisco Kalbuadi Lay, indicated in a note sent to Lusa. The Greater Bay Area is a Chinese project that aims to create a metropolis made up of Hong Kong, Macau, and nine cities in Guangdong province

For a going skint country, it's full steam ahead for money, money , money TL , now their, very new mining industry has thrown up a monster grade manganese find.

https://thewest.com.au/business/bulls-n-bears/more-manganese-for-estrella-in-timor-leste-hills-c-14370389

Manganese is a transition metal with a multifaceted array of industrial alloy uses, particularly in stainless steels. It improves strength, workability, and resistance to wear. Manganese oxide is used as an oxidising agent; as a rubber additive; and in glass making, fertilisers, and ceramics. Manganese sulphate can be used as a fungicide.

Manganese is also an essential human dietary element, important in macronutrient metabolism, bone formation, and free radical defence systems. It is a critical component in dozens of proteins and enzymes.[6] It is found mostly in the bones, but also the liver, kidneys, and brain.

Wonder if AB fancies dabbling in a 2nd Timor Leste Gold Mine , after the Chuditch profits roll in 😂🤣😂

Island of Timor known to host , copper, gold, silver, chromite, manganese, limestone, marble, bentonite, gypsum and phosphate.

Our new name -

Asia TL ALL INC. 🤣

Meadow

must be a blip with aqse and zip in that late slot, bar stewards appear to have marked down in the closing auction, expect reset and same prices as leading into close first up Monday, unless we gap up on news 😉😂

On that Macau CPLP event with China, this must have landed late yesterday and imi, when looking for todays , dated 18th

Vice Prime Minister receives full powers to sign economic and trade cooperation plan during the 6th Ministerial Conference of Forum Macau

This Action Plan aims to boost economic and commercial cooperation between the countries participating in Forum Macau. Among the areas of action defined are intergovernmental cooperation, exchanges with international organisations, trade and investment, development, the cultural and humanitarian sectors, the role of the Macau Platform, and preparations for the next Ministerial Conference.

First on me, all external meeting Signatures previously seen ,have been PM or President, usually PM and if unavailable the President, which with TL politics is a better option, as President has veto power if he is not in favour, when he rubber stamps things, not going to veto himself 😂, no biggy with current pair life long BFF's , VPM been given full powers as

Gusmao on his UK/European tour 11th-23rd April, various and expressing concerns over TL maritime border issues hm

Horta

The President of Timor-Leste, J. Ramos-Horta, will make an official visit to Portugal as a guest of honour for the celebrations of the 50th anniversary of April 25th, the revolution that restored democracy in Portugal after the dictatorial regime.

Would have though Horta could fit Macau in on his way to Portugal, guess the old guy's feeling the weight of all the trips and air miles this past 2 years. 😉😂 Horta 74 , Gusmao 77

TL have 2 VPM's , Francisco Kalbuadi Lay, to sign the Action Plan a spring chicken at 70😅

China Ministerial meeting of Forum Macau is set to be held in the SAR from Sunday to Tuesday.

High-ranking officials, including some deputy prime ministers and ministers from Angola, Brazil, Cape Verde, Guinea-Bissau, Equatorial Guinea, Mozambique, Portugal, Sao Tome and Principe, and TIMOR-LESTE, will lead the Lusophone government delegations to attend the forum.

Presiding over the ceremony will be Wang Wentao, China’s Minister of Commerce.

The ministerial conference, scheduled for Monday afternoon, will see top officials identify priority areas for economic and trade cooperation over the next three years. Additionally, they will sign an action plan for economic and trade cooperation between 2024 and 2027.

https://www.macaubusiness.com/npc-vice-chairman-li-hongzhong-to-join-forum-macau-conference/

China triple whammy , BRI/GDI support for TL directly , support to ASEAN and support to The Community of Portuguese Language Countries (CPLP)

Money , Money , Money , as they say follow the money............ 😉😂

Meadow and that could be another, if we see something large pop up at 1700-1800, threw a UT out on the back of the pre close 1630-1635 daily auction, that did not fit with prices leading into close, spreads and other large trades have dropped in that late slot in the past and always at the out of whack UT price, lot of Rob's use to pop in then 😉😂

16:35:24 0.065 950,000 UT

That and the bizarre aqse rate today, got a feeling in the waters, Timor Sea waters about to bubble & boil. 😉😜😲🤑

Not so keen on that Woodside release with todays Q results, previously stated, new studies "with a bias towards onshore Timor Leste processing" , this the usual looking at both.

https://www.woodside.com/docs/default-source/media-releases/progress-continues-on-greater-sunrise-development.pdf?sfvrsn=b4babca2_3

As it says finally underway, said Feb 2023 taking another look, then caught us all , when Oct/Nov, said now have TL permission to do new studies, wtf they doing since Feb, now April 2024 and at last doing them😲🙄

https://www.energyintel.com/0000018e-efde-d9cc-abce-fffe3e4c0000#:~:text=Woodside%20Energy%2C%20operator%20of%20the,long%2Ddelayed%20offshore%20gas%20scheme.&text=In%20a%20contentious%20congressional%20hearing,halt%20to%20LNG%20license%20approvals.

Great churn Tuesday on news 1400m , wed 400m thur 240, picked up again late today 310m+ late's

AQSE today unusual. see FOMOF thread.🤔

Could be a good signal for Monday.😉

Currently that is beyond the breakout range we have seen in the past 237m v 74m is 31%

Routine , zip going on aqse 0 shares to a low % of aimx volume

5-10% good days

15-25% mega break out big rise days

Currently aqse breaking the mould , never seen it that high , as said bizarre 🤔

Meadow

Bizarre considering the generally low volumes today, perhaps a good sign for Monday 👍

Ok now this is bizarre , not seen this recently AQSE gone high 75m v 227m😉

💥 time ??????????????

Yes Jarv , that very interesting talks line , opens up many , many possibilities, make Filthylucre happy if it turns out to be the Japan MOU INPEX assisting Woodside , on gathering new assets, to secure Japans domestic supply for next 20 years. 👍

Boil have put details of presentations and links in updates in the past, so possible they might, or post some pic's on twitter etc, video , podcasts , I usually rely on more au fait , youngsters to find and post such media, more of a press hound in my case. 😅

Late tick up , lets go............. 😉