Roundtable Discussion; The Future of Mineral Sands. Watch the video here.
Nice work Callum! All’s looking good ... matter of time for us I believe.
GLA
Let’s hope so LT! I understand things take time... just wish there was more communication from the BOD
There seems to be a rattlesnake sat at the 0.1 point scaring the price back down, don’t seem to be able to pass it
This must be the quietest board on LSE lol... is anyone getting excited for the coming weeks & months...
I can’t think of a reason why the TL government wouldn’t give it the green light...
Nice top up! An investment I think will pay dividends... good luck =]
Oil price has broke the $70 mark and now sitting at $71:75. Could break $100 by end of summer so another piece of the jigsaw falling into place for Boil - The future is looking good for this company...
Definitely... nice logging back in seeing a solid 9%... more of the same please! Hopefully the start of an upward trajectory
Ok, thanks mate - much appreciated =]
Ok... s h a r e t a l k n e w s ...
https://twitter.com/*************/status/1400021152106520576?s=21
Apologies, hopefully this link works... ************* posting about OEX - stating we’re at an advanced stage in completing a detailed working plan/vertical well with dual objective Gas/Oil...
https://twitter.com/*************/status/1400021152106520576?s=21
I think so too. Once the Covid situation settles more in India I don’t think it will be long before there’s some progress with the GOI approval. Once that is sorted the lid will be off
Santos Ltd (ASX: STO) reported Tuesday that the Phase 3C infill drilling program has commenced offshore Timor-Leste in the Bayu-Undan field.
The program calls for drilling three production wells to develop additional natural gas and liquids reserves, Bayu-Undan Joint Venture operator Santos noted in a written statement emailed to Rigzone. The company pointed out the campaign, which secured a final investment decision this past January, will extend the life of Bayu-Undan as well production from the offshore facilities and the Darwin LNG plant in Australia.
“Only by way of a close and constructive working relationship with the Timor-Leste Government, through the Autoridade Nacional do Petroleo e Minerais (ANPM) and our joint venture partners have we been able to move so quickly towards our shared goal of safely maximizing value from the Bayu-Undan field,” remarked Kevin Gallagher, Santos’ managing director and CEO.
Gallagher noted the Noble Tom Prosser jack-up rig will drill the wells, adding that first production is expected in the third quarter of this year.
“The infill drilling program will add over 20 million barrels of oil equivalent gross reserves and production at a low cost of supply and importantly extends the life of Bayu-Undan and the jobs and investment that rely on it,” Gallagher continued. “With more than 400 Timorese currently working on Bayu-Undan activities, this will make an important economic contribution to Timor-Leste and keep our workforce both in Timor-Leste and Darwin in jobs for longer.”
ANPM President Florentino Soares Ferreira pointed out the Phase 3C campaign represents the first Bayu-Undan drilling program in Timor-Leste offshore waters since Timor-Leste and Australia ratified their Maritime Border Treaty. He said the investment follows a thorough assessment including an economic and technical review, procurement and local content strategy, and regulatory approval.
“The ANPM acknowledges commitment shared by Santos and its joint venture in relation to the Phase 3C infill well investment,” stated Ferreira. “It is another opportunity to maximize hydrocarbon production recovery and extension of production life, which will ultimately ensure economic benefit for all stakeholders and the state.”
Santos holds a 41.3% operated interest in Bayu-Undan. Its co-venturers include SK E&S (25%) (034730.KS), INPEX (11.4%) (TYO: 1605), Eni (11%) (NYSE: E), JERA (6.1%), and Tokyo Gas (3.1%) (OTCMKTS: TKGSY).
https://jpt.spe.org/carnarvon-completes-farmout-of-buffalo-project
Agree! Much nicer place today...
I’ve had issues getting in the site today too ...
Some nice rises in some other Oilies, don’t think it’ll be long before it’s our turn to fly!!
Agree... You'd think the TL Government would want to get this moving asap! painfully slow progress...or am I bein impatient lol
Stubborn share OEX, don’t think we’ll drift any further... it’d be nice to have a few blue days soon though... or some positive news... one week closer though I guess