Falcon Oil & Gas Share Discussion Threads

[hermana3] 22/3/2022 07:48

TheSage, Many thanks. Welcome news indeed...

[the sage] 22/3/2022 07:39

Morning all. I subscribe to receive email alerts from Tamboran Resources. Any good news from the Beetaloo is good news for us all.


Operational update: Approximately 17 per cent upward revision to Tanumbirini
2H and 3H flow test results
Highlights
• Santos QNT Limited (“Santos”;), the operator of EP 161 permit within the Beetaloo Sub-basin, has
advised of an approximately 17% increase to the previously reported gas flow rates from
Tanumbirini 2H (“T2H”) and 3H (“T3H”).
• This follows a recalibration of the historic flow data as reported on 1 February 2022, which now
indicate the average gas flow rates from T2H and T3H were 2.0 million standard cubic feet per
day (“mmscfd”;) (normalised at 3.0 mmscfd over 1,000-metres) and 1.7 mmscfd (normalised at 2.9
mmscfd over 1,000-metres) respectively.
• Further market updates on T2H and T3H are anticipated following the installation of tubing during
the second quarter of calendar year 2022.
Tamboran Resources Limited (ASX: TBN) Managing Director and CEO, Joel Riddle, said:
“During the course of flow testing, the T2H and T3H wells representative gas samples from the Velkerri “B”
shale interval were acquired. Compositional analysis was completed on these samples confirming the
presence of high-quality gas in both wells. Well test gas rates have been updated based on these analyses.
“The revised flow rate data has resulted in an approximately 17 per cent increase to the 14-day average
gas flow rate for the T2H well to 3.0 mmscfd and in the ten-day average gas flow rate for the T3H well to
2.9 mmscfd, normalised over a 1,000-metre horizontal section.
“The T2H well has continued to undergo flow testing during March 2022, with the 60-day average flow rate
showing minimal decline, delivering 1.8 mmscfd over the stimulated 660-metre lateral section, normalised
at 2.7 mmscfd over 1,000-metres.
“Flow testing at this rate from the fracture stimulation program gives us increased confidence in the
productivity and has not changed our understanding of the commerciality of the Mid-Velkerri “B” shale
within the Beetaloo Sub-basin of the Northern Territory.

[hermana3] 19/3/2022 08:10

A Summer drill would be great. Beetaloo is our big one and slowly slowly catches the money...

[the sage] 18/3/2022 21:22

I don't think we'll see much action until the seismic survey results come in. If they are able to start the survey in late April, we might get a spud date sometime in the summer.

[hermana3] 18/3/2022 17:12

A quiet steady old week after the drama of bloodsucking oligarch holder in previous week. Market does not like share overhangs and we have a big one in Viktor Vekselberg, wherever he and his dastardly cronies are hiding out in.

[hermana3] 11/3/2022 18:34

Vekselberg is person non grata in God's Country!!! He is unlikely to offload at current prices. Abramovich and Deripaska are in a different league of venality and total puppets for the Russian midget....

[mr hangman] 11/3/2022 09:15

Yes Please, lets hope he does unload, it will depress the share price for a few weeks, but it will be for the best

[hermana3] 10/3/2022 21:22

The whiff of sulphur from oligarchs such as Vekelsberg and reviled Abramovich continues to garner headlines. When will we get back to talking about Beetaloo?

[hermana3] 07/3/2022 18:43

Chesty wasn't alone in flogging today. Time to hunker down as wee thieving peasant Putin tries to defend the indefensible once more....

[chesty1] 07/3/2022 16:10

Sold the rest today my WSBN needed my funds.

Be lucky to all in these crazy & nasty times.

[babajanas] 07/3/2022 05:13

The Australian Government will provide the Northern Land Council (NLC) with $2.1 million to conduct on-country engagement with Traditional Owners https://www.miragenews.com/government-funds-northern-land-council-to-737789/

[babajanas] 06/3/2022 08:39

https://www.thetimes.co.uk/article/oligarchs-nominee-quits-falcon-oil-amp-gas-blckxwq7v

[hermana3] 04/3/2022 19:07

It was a case of resign or go into a darkened room with a bottle of whiskey and a loaded shotgun for Mayorets!!!

[the sage] 04/3/2022 08:11

I've only just noticed that Mayorets stepped down from the board on Tuesday. I should read the RNS page more often.

[hermana3] 03/3/2022 18:55

So his holding is frozen? Wont be released anytime soon either. Bet Philip and the lawyers are busy framing a response to this share overhang. Vekelsberg's BOD sidekick was made walk the plank..

[the sage] 03/3/2022 10:39

Once again, many thanks. Excellent research. Like I said before, it would be a good idea to have a statement from the company to let everyone know what the situation is.

[ohisay] 03/3/2022 10:26

He added that he has submitted written requests to both the U.S. Treasury and the European Commission to try and access the funds, which have been rejected.

[ohisay] 03/3/2022 10:24

The Sage..
Maybe he could sell his stake like Abramovich has with Chelsea?

His assets are frozen outside Russia so even if he did sell he couldn't get his hands on it.He was collared by the US back in 2018.

There was a very good article on him in Forbes a while back ...see if I can find it.

[panadin] 03/3/2022 09:08

Herm: what an interesting analysis; "the generals are making a right ballsup of Ukraine invasion"! would you prefer that they were more efficient and killed more women and children at an earlier stage of the 'special exercises' and destroyed more of Ukraine. The last meeting with Putin showed 2 Generals sitting 30 ft away from Putin looking very scared....
Putin is a monster despite Trump's attempt to paint him as a genius and cheerlead his war crimes, something that provides great propaganda to show on Russian TV..

[the sage] 03/3/2022 09:05

Thanks for that ohisay. Maybe he could sell his stake like Abramovich has with Chelsea? I think that the company needs to make a statement when they decide what they intend to do.

[hermana3] 03/3/2022 07:18

Yes he has a good old wedge. Putin is surrounded by spineless cowards like Medvedev and Lazarov. It is the oily fatcat generals he must keep an eye on. Russia made a Horlicks of Afghanistan invasion decades back and they are making a right ballsup of Ukraine invasion too. Putin is in "A Season in Hell" and will most likely flee to one of his many boltholes...