The latter ones arent worth a fly's spit on a rusty old bucket... |
Falcon wouldn't be flogged, just their Beetaloo asset leaving them with their South African licence and another in somewhere like Hungary or Turkey if I'm not mistaken. |
Phil would be out of a job and a lifestyle if Falcon is flogged. Just an observation of course lol. |
If the imminent flow rates are OK then, I believe it's just a matter of time before a larger operator comes in and takes this out. Hopefully with a price that reflects its true commercial value. |
When I first invested, Falcon said time and time again that they'll not be taking Beetaloo into production...once commercial gas was found would then sell out and distribute these funds to the shareholders which doesn't seem to be the case anymore. |
If the imminent flow rates are OK then, I believe it's just a matter of time before a larger operator comes in and takes this out. Hopefully with a price that reflects its true commercial value. |
To think that this time last year the price was 12p, makes a mockery of the value placed on this share. 40% drop in the year, with the massive increase in news and prospects. Makes no sense….. |
A very positive well RNS this morning is greeted joyfully by the market. La vie est toujours en rose... |
What is the red board? And where and how does one get access to it? |
Better quality chat on the red board on FOG |
Our Phil is much more chipper currently than he was in his pre Xmas update... |
 EP 98 Operational Update: Commencement of SS-2H ST1 and SS-3H stimulation
campaign
Highlights
• Tamboran has commenced stimulation activities of the Shenandoah South 2H sidetrack (SS-2H
ST1) and 3H (SS-3H) wells in Beetaloo Basin exploration permit EP 98.
• The Company is planning to pump up to 119 stimulation stages across the two wells with reduced
spacing between stages. The SS-2H ST1 well is planned to include 43 stages over a 5,427-foot
(1,654-metre) horizontal section and the SS-3H well is planned to include 76 stages over a 9,766-
foot (2,977-metre) horizontal section.
• The campaign is being conducted with the Liberty Energy (NYSE: LBRT) modern stimulation
equipment, which is the first 80,000 hydraulic horsepower (HHP) frac spread imported into the
Beetaloo Basin from the US.
• The increased horsepower from the Liberty equipment is expected to result in a >25% increase
in proppant intensity of >2,800 pounds per foot, as compared with Shenandoah South 1H well.
All stages are being pumped with a slickwater fluid design.
Tamboran Resources Corporation Managing Director and CEO, Joel Riddle, said:
“We are excited to commence the stimulation program for the SS-2H ST1 and SS-3H wells in the Beetaloo
Basin with Liberty Energy's modern stimulation equipment. The increased horsepower of this equipment is expected to deliver a step change in stimulation efficiency and proppant intensity compared to previous wells completed in the Basin.
“This stimulation campaign is planned to be the largest in the Beetaloo Basin to date, with up to 119 stages over a full lateral length of 15,193 feet (~4,631 meters) across the two wells, an average of ~127 feet per stimulated stage.
“Importantly, these wells are planned to be among the first to provide reliable energy to the Northern
Territory, with production expected to feed into the proposed 40 MMcf/d Shenandoah South Pilot Project.
“We have successfully undertaken stimulation programs during the wet season in the Basin over the last
two years, with campaigns at Amungee 2H (2022/23) and Shenandoah South 1H (2023/24). This
experience gives us confidence in our ability to safely and efficiently conduct these operations year-round. |
A wee bit of profit taking expected after good rise since New Year. Anybody got any idea when we can expect next Beetaloo update? |
Good day yesterday and better than normal volume suggests something good is going to be served up in near future... |
Too much froth? |
Volume a wee bit on the tepid side but 2025 has started lively by Falcon standards indeed. |
Well we expect an update from latest Beetaloo drill and the expected move to an US Quotation. |
Bit of buying action of lateAre we expecting news? |
Logan, Holding on until the end of time in the hope that this turns out to be a 100p+ share. Stranger things have happened as President Donald J.Trump attests to. |
Falcon seems to me to be a typical junior exploration stock, either worth nothing, completely worthless or in the end worth 100p plus per share. |
Decent start to 2025 here. Must be on some people's list as a very underrated stock. |
We on The Leaders Board today. Not a common situation for wee Falcon. |
Ha ha you gotta laugh! |
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