Falcon Oil & Gas Share Discussion Threads

[p5tvr] 26/6/2021 11:19

Talking to yourself again herm...LOL

[hermana3] 25/6/2021 18:48

Decent wedge of volume today. Is there a more undervalued share around? Not in my book..

[hermana3] 23/6/2021 21:30

Great news indeed and thrilled to see Philip getting our pal Malcy up to date. Exciting times ahead we hope....

[ohisay] 22/6/2021 16:02

Malcy today ..

Philip O’Quigley (CEO of Falcon) commented:
“The commencement of operations at Kyalla 117 is an exciting first step for the planned 2021 work programme which will cover three different plays in the Beetaloo providing key information that will help determine the future appraisal and development programme. We look forward to providing results as soon as they become available”

Philip tells me that this years program is a very busy one, they really need to be successful at cleaning up the Kyalla well and getting it to flow on its own, given the significant liquids component and the fact that this play is unique to Falcon / Origin in the Beetaloo, this could advance the Beetaloo towards commercialisation.

The situation at Amungee also has serious potential, going back to the Amungee well is equally as exciting. There was deformation in the well casing between stages 7 and 8, in total they conducted 11 frack stages. Stage 1 (in the toe of the well) to stage 7 are all one side of the deformation. Stages 8 to 11 which are nearest the vertical well bore are obviously the other side of the deformation.
There has always been the hypothesis that most (or maybe even all) of the 1,100 mcf/d came from the last 4 stages. They are now going back with a production logging tool (“PLT”) that will precisely determine the zonal contribution of the flow rate by measuring the velocity of the flow rate from each stage.
The objective is to determine how much came from the last 4 stages only. The tool is a very precise engineering tool that can accurately calculate the zonal contribution.

[jimboyce] 22/6/2021 07:18

This is taking too long. More testing to provide future appraisal to see if development is going to happen. However O'Quilgley won't care, as he has a family company that provides the drilling equipment to do the testing. He has all sides covered.

[hermana3] 17/6/2021 22:00

Q2,2021 we were told! Anyday now we hope....

[bucks79] 17/6/2021 14:33

I would have assumed it was this dry season they meant

[hermana3] 09/6/2021 21:22

Market not exactly doing cartwheels either. Soon be in Q3....

[dprussky] 09/6/2021 02:37

Nothing.... Unfortunately

[hermana3] 08/6/2021 21:50

Did anyone hear owt of Origin Beetaloo presentation?

[hermana3] 07/6/2021 10:32

Need a specific timeline from tomorrow's update to arrest the share price decline and current negative sentiment...

[targatarga] 07/6/2021 10:22

My gut tells me that clever money is departing. Cash in hand is good but holders have seen their investments dwindle. Hitting new lows weekly. Just my take on things...

[hermana3] 07/6/2021 09:32

Thanks a lot for that. Good to see Origin putting our project out for discussion.

[ohisay] 07/6/2021 09:15

Evidently a pulse...

[hermana3] 28/5/2021 12:16

Yes but it sure is a wee slow burner.........

[sos100] 28/5/2021 12:07

still on for the multibagger?

[hermana3] 27/5/2021 22:14

$10.5m cash in the bank. Continued good financial prudence from our Phil.....

[hermana3] 21/5/2021 16:56

Thanks for that,Oh. Looking forward to getting back to work at Beetaloo.

[ohisay] 21/5/2021 13:10

Dry season starts in May rather than April ..so no worries as they say in OZ .Should hear something before the end of the month.

[hermana3] 20/5/2021 21:29

Well into Q2 and where's the resumption of Beetaloo?

[cwmtawe1] 20/5/2021 17:43

Only trouble with the link to YouTube...POQ says, in Oct.'19, in the next 12 months they would massively improve the value of the company. 18 months on and share price is half the Oct.'19 value.

[ohisay] 20/5/2021 14:09

Useful link..

[hermana3] 27/4/2021 21:56

Still got $11m in bank. Financial prudence by 0'Quigley is admirable.

[hermana3] 16/4/2021 19:28

P, your good run coming to end in next 2 weeks....