Falcon Oil & Gas Share Discussion Threads

[childboy] 22/5/2019 09:27

I understood that they have a royalty to pay for hence the need to raise

[hermana3] 22/5/2019 08:30

New listing now but wonder what's the point of it?

[hermana3] 20/5/2019 19:38

Logan, That's my understanding too.

[loganair] 20/5/2019 12:45

I'm surprised that Falcon Oil needed a 'Placing' - The net proceeds of the Placing will primarily be used to fund Falcon's share of estimated capital expenditure in respect of the drilling and hydraulic fracture stimulation of four horizontal wells in the Beetaloo Sub-basin, Australia - As I understand from the CEO that the next 2 wells to be drilled are going to be fully paid by Origin with the final 2 wells capped at $50mln each to pay for them so the CEO said they had sufficient cash in the bank to run the Falcon administration side for the next 3 years.

[hermana3] 19/5/2019 21:41

Placing well subscribed!!

[carlsagan1] 19/5/2019 17:34

ii have decided to up there fees again, from june 1st its £9.99 a month, from £22.50 a quarter

Recommendations for a cheaper broker?

I am considering going to iweb-sharedealing(Halifax) for a fixed £5 a trade or X-O(Jarvis) for £5.95, neither have monthly, yearly, or inactivity fees like ii

£9.99 a month regardless if I trade is a rip off, and the trade "credit" they give you expires after 90 days.

[mandatory] 17/5/2019 13:56

Well it’s already reached placing price to sell shares.

[hermana3] 17/5/2019 07:11

Now we know why share price has been soft of late!!!

[hermana3] 16/5/2019 20:57

July probably

[mandatory] 14/5/2019 19:04

Under 16p soon....

When’s spud?

[hermana3] 04/5/2019 08:05

Yes well under the radar is this one.

[letmepass] 04/5/2019 06:09

All quiet for the sleeping giant. Thats a good thing. Trying to get a few more funds together

[hermana3] 03/5/2019 16:19

Yes tis a sleeping giant alright!

[squiresquire] 03/5/2019 15:46

When they announce a date for that this thing could take off like a rocket, have you looked at the 13th Feb 2017

[hermana3] 03/5/2019 08:19

Wont be long now for spud.

[mirabeau] 02/5/2019 21:29

Origin Kyalla drilling and hydraulic fracturing 2019 (EP117 N2)

Overview


Origin Energy Limited (Origin) has submitted an Environment Management Plan (EMP) for assessment under the Petroleum (Environment) Regulations 2016.

Kyalla Drilling and Hydraulic Fracturing (stimulation) Program EP117 N2 (4.5 mb)

Kyalla Drilling and Hydraulic Fracturing (stimulation) Program EP117 N2 - Appendices

Appendices A to C (9.7 mb)
Appendices D to F (4.0 mb)
Appendices G to K (4.0 mb)
Appendices L to O (3.8 mb)

The EMP proposes the construction of an exploration petroleum well, hydraulic fracturing and well testing at Exploration Permit 117 N2, approximately 300km south-east of Katherine in the Beetaloo sub-basin.

This EMP covers the activities required to enable Origin to drill, hydraulic fracture, test, maintain and decommission a horizontal petroleum exploration well within the 2019-2024 period:

drilling of an exploration well
hydraulic fracture of an exploration well
completion and work over maintenance of an exploration well
well testing of an exploration well
well suspension and decommissioning of an exploration well
construction and operation of a temporary camp
installation of up to two water extraction bores
routine maintenance and monitoring activities
minor works ancillary of the above.

For alternative access to the EMP contact the Department of Environment and Natural Resources on [phone].

All comments received will be published.


Closes COB 30 May 2019
Opened 3 May 2019


Contact
08 8924 4218

Give us your views

To submit your comment on this EMP either by completing this form or mail your comments to:

Onshore Petroleum Assessment
PO Box 3675
Darwin NT 0801

Last updated: 03 May 2019

[hermana3] 24/4/2019 08:45

And the market not exactly basking in the news either yet!!

[loganair] 23/4/2019 17:44

In a note to clients, analysts at SPAngel commented: “Today's update, while representing a significant increase in the cost relative to the original option terms, is a reflection of the progress that has been made over the project in the intervening period and the significant derisking in the Beetaloo Basin's commercial potential.”

[hermana3] 23/4/2019 11:03

Wee Phil and the Board playing a very good hand at Beetaloo. Drill in 2-3 months most probably.

[mirabeau] 22/4/2019 19:16

Shaun Drabsch - 17 May
Sun 21:24
His first major speech since his appointment as the CEO of the DTBI - I wonder if he's got some infrastructure news to give? A special update? It is after all titled a 'Special Address'...this speech by our ex Santos PR advisor should be very interesting, hopefully!

11:40 am
Special Address | DTBI's New Chief Executive

Shaun Drabsch, Chief Executive Officer, Department of Trade, Business and Innovation

[mirabeau] 22/4/2019 19:15

NAIF - plans to abolish
Today 19:01
Coalition’s ‘failed’ fund facing $5bn makeover

Bill Shorten would abolish the ­“failed” $5 billion Northern Australia Infrastructure Facility and establish a new fund aimed at unlocking Queensland gas reserves in a bid to bring down gas prices and transform Darwin into a manufacturing and export powerhouse.

If elected, the Opposition Leader would replace the NAIF with a new finance facility that would work with Infrastructure Australia to identify and support projects of national economic significance in Australia’s north.

The new facility would have the same $5bn funding allocation as the NAIF, but would be called the “Northern Australia Development Fund”.
Read Next

It would quarantine $1.5bn for the construction of pipelines connecting Queensland’s Galilee and Bowen basins with the east coast. Labor would also aim to fin­ance pipelines connecting the Beetaloo basin with Darwin, 600km north, as well as the east coast.

An extra $1bn from the new fund would be allocated to giving a leg-up to tourism projects in Northern Australia.

Opposition resources spokesman Jason Clare said the plan to create a new fund would “support Darwin as a manufacturing and gas export powerhouse as well as increasing supply to Queensland and the eastern seaboard to put downward pressure on prices for gas users”.

“Opening up the Beetaloo alone could provide enough gas to supply the domestic market for up to 400 years,” Mr Clare said. “The NAIF has been an abject failure.”

Mr Shorten has pledged to ­appoint indigenous Australians to the board of the new facility and would require all funded projects to produce plans showing how the economic benefits of the project could be shared with local indigenous communities. These plans will be released publicly.

The fund would sign a memorandum of understanding with ­Indigenous Business Australia, an organisation dedicated to improving the economic self-sufficiency of Aboriginal and Torres Strait ­Islander people. Other agreements would be signed with the Clean ­Energy Fin­ance Corporation and the Energy Security Modernisation Fund to avoid duplication, and improve co-operation.

Labor says the NAIF has failed, saying “not a single cent” had been spent in Queensland and only $15 million has been spent on infrastructure projects in Northern Australia over the past four years.

end

[hermana3] 17/4/2019 19:31

That ship has already set sail,alexios

[alexios1201] 17/4/2019 11:38

Sorry for o/t guysZENrigging up C37 for sidetrack into oil zone31mmbbl 2P ReservesProducerMcap under £10MShould deliver similar returns to BLOE sidetrack7p minimum Target