Falcon Oil & Gas Share Discussion Threads

[mr hangman] 28/12/2022 17:46

Agreed Hermana, none of us are getting younger, never forget watching Mr Craven
at 5pm weekdays, just after Deputy Dog/Blue Peter, always found him fascinating,
who would of thought he would of been the trailblazer in East Africa with Cove

[hermana3] 28/12/2022 15:27

Let us hope Joel Riddle in time mops up Falcon to have total control of Beetaloo. Our founder John Craven was a great man for having an exit strategy. Hess looked a great partner years ago but started messing Falcon about. Origin had the mentality of a Civil Service Department and it was a case of Top brass keeping their jobs and moving slowly on capital intensive projects like Beetaloo. Tamboran are no slouches and Joel comes across as a vain glorious leader in a hurry. Just what Falcon needs as some of us arent getting any younger....

[hermana3] 23/12/2022 16:39

Vidal Sassoon must have styled that wig! He is very happy with the drill and exudes confidence. Reminds me of Tony O'Reilly with his effortless delivery. Drill under budget too. Good end to 2022 and hats of to Philip and Joel.

[the priest] 23/12/2022 08:43

Very impressive Barnet for sure. Joel is clearly a guy who puts some effort into his appearance - quite a contrast with the interviewer. Hey-ho.

For those out there who like a promotional media-savvy CEO, fill your boots.

[loganair] 23/12/2022 08:36

Joel was 'Super Sized Excited'....really puts me on my guard when in any interview or written report the word 'Excited' is used so many times.

[babysitter] 23/12/2022 07:18

OMG what's with that hair? But if you can ignore that, the words are quite encouraging.

[ohisay] 23/12/2022 01:22

So far so good...



Tamboran Resources Limited

EP 98 Operational Update: Amungee 2H drilled ahead of budget and schedule
Highlights
• The Amungee 2H (A2H) in EP 98 was successfully drilled to a total depth (TD) of 3,883 metres,including a 1,275-metre horizontal section, which was placed in the most prospective zone within the Mid-Velkerri “B Shale” formation. The well encountered significant gas shows within the Mid-Velkerri “B Shale” formation, in line with pre-drill expectations.
• The A2H well has been drilled and cased with 5-½ inch casing, the optimal casing size to place a high intensity stimulation and on par with modern US unconventional drilling designs.
• The well was drilled in 38 days (spud to TD) at a total cost of $14.1 million (excluding casing and cementing), slightly ahead of pre-drill design days and budget.
• Tamboran is planning up to 24 stimulation stages within the Mid-Velkerri “B Shale”, expected to commence during the first quarter of calendar year 2023

[mr hangman] 22/12/2022 17:24

after a dozen years, Is anyone that intrested

[hermana3] 22/12/2022 16:16

Loss of direction in share price this week in the runup to drill results. Lack of sizeable volume leads one to imagine the results of the drill thus far is only known to the inner sanctum of Falcon and Tamboran. This was never a leaky ship with Origin either.

[hermana3] 19/12/2022 23:22

Nice rise today on reasonable volume. Pre Christmas bonus coming up?

[p5tvr] 16/12/2022 17:56

I do hope so for your health! How many times is it now that you've had your potty ready over the years only to be disappointed here and at PVR? LOL :0)

[hermana3] 16/12/2022 17:36

Tidings must be looking good at Beetaloo drill. Potty and coffee at the ready for Monday early doors...

[jimboyce] 16/12/2022 13:42

Spring loaded here. How the MMs can keep this from taking off is amazing.

[hermana3] 15/12/2022 18:39

Inching up as we near drill news. Fortune favours the brave....

[hermana3] 15/12/2022 07:01

News before Christmas break?

[ohisay] 15/12/2022 03:22

From Hot Copper..

The Amungee 2H (A2H) development well in Tamboran’s 38.75 per cent owned and operated exploration permit EP 98 spudded on 10 November 2022.Tamboran will drill the vertical and build section to a depth of approximately 2,450-metres, prior to drilling the 1,000-metre horizontal section within the primary target of the Mid-Velkerri “B” Shale.

The Maverick 1V (M1V) vertical well, drilled within Tamboran’s 100 per cent owned and operated Beetaloo Basin permit, EP 136, has safely reached a total depth (TD) of 3,050 metres. TD was reached in 18.3 days, representing a 54 per cent reduction in drilling time compared to other near-field vertical sections drilled deeper than 2,500 metres in the Beetaloo Basin.

Must be getting close.

Re POQ buying shares, he has a total of 10m options exercisable at 8p (awarded feb 2021 if my memory serves) .I'd be surprised if he didnt take them all up albeit some of them post fracking probably.
EDIT

All of the Options granted have a vesting schedule allowing for 1/3 of
the Options to vest immediately with an additional 1/3 vesting on each
subsequent anniversary until the Options are fully vested on 18 February
2023. The Options have an expiry date of 17 February 2026.

[hermana3] 14/12/2022 21:19

Philip is invested here and has persuaded other heavyhitters to come onboard too. Drill results coming up soon...

[p5tvr] 14/12/2022 19:19

Philip's no fool,he saved himself a lot of money by not investing in PVR/BEY and he's not about to waste any of he's hard earned money here. :0)

[hermana3] 14/12/2022 18:43

Frugal Philip was a well known tightwad when FD with Providence too! Once an Accountant always an Accountant..

[mr hangman] 14/12/2022 10:16

We are still waiting for Philip to put his hand in his pocket

[loganair] 14/12/2022 10:02

In monetary terms only talking about a very small purchase.

[hermana3] 14/12/2022 07:08

Yet more Director buying reported today and this is something that is not usually an every day activity at Falcon.