House Positions
posted on
Dec 02, 2021 11:50PM
Developing large acreage positions of unconventional and conventional oil and gas resources
House Positions for C:FO from 2021-12-02 to 2021-12-02 |
House |
Bought |
$Val |
Ave |
Sold |
$Val |
Ave |
Net |
$Net |
95,000 |
12,212 |
0.129 |
0 |
|
95,000 |
-12,212 |
||
60,000 |
8,100 |
0.135 |
24,000 |
3,330 |
0.139 |
36,000 |
-4,770 |
|
17,500 |
2,450 |
0.14 |
34,000 |
4,590 |
0.135 |
-16,500 |
2,140 |
|
0 |
|
20,000 |
2,700 |
0.135 |
-20,000 |
2,700 |
||
2,500 |
302 |
0.121 |
37,500 |
4,715 |
0.126 |
-35,000 |
4,413 |
|
500 |
70 |
0.14 |
60,000 |
7,800 |
0.13 |
-59,500 |
7,730 |
|
TOTAL |
175,500 |
23,134 |
0.132 |
175,500 |
23,135 |
0.132 |
0 |
1 |
Falcon Oil talks petrophysics at Velkerri 76 well
2021-11-12 09:18 ET - News Release
Mr. Philip O'Quigley reports
FALCON OIL & GAS LTD. - PRELIMINARY PETROPHYSICS AND MUD GAS COMPOSITION FROM VELKERRI 76 S2-1 WELL
Falcon Oil & Gas Ltd. has provided details on the preliminary petrophysical interpretation and mud gas composition data from the Velkerri 76 S2-1 vertical appraisal well in the Beetaloo subbasin, Northern Territory, Australia, with the company's joint venture partner Origin Energy B2 Pty. Ltd., a wholly owned subsidiary of Origin Energy Ltd.
On Oct. 15, 2021, the company announced that drilling of the Velkerri 76 well had been completed and preliminary evaluation of the results had been very encouraging.
The preliminary petrophysical interpretation of the Velkerri-76 wireline logs has now been carried out, which has confirmed positive indications in particular from the B shale of the Amungee member (formerly known as the Middle Velkerri). Other intervals within the Amungee member also show positive indications and further analysis will now be undertaken to confirm these results.
The Amungee member B shale was the principal area of focus with Falcon's operations at Amungee NW-1H and the results obtained to date compare very favourably with some of the most commercially successful shale plays in North America. The Amungee Member B shale is also the focus of activities in the neighbouring Santos and Empire Resources operated blocks.
Mud gas composition data also provides evidence that the Amungee member is within the wet gas maturity window and contains good LPG yields and high heating gas value.
Key information with respect to the preliminary petrophysics and mud gas composition of the Amungee member B shale are included in the attached table.
The results of preliminary petrophysical interpretation confirm:
Additional analysis of the conventional core acquired during the drilling of Velkerri 76 will be required to confirm the preliminary petrophysics interpretation and will take place over the coming months.
Laboratory analysis of gas samples collected during drilling will be carried out to further refine gas composition data within the Amungee member shale intervals.
Philip O'Quigley, chief executive officer of Falcon, commented: "The preliminary petrophysical interpretation of the Velkerri 76 wireline logs is excellent news with the Middle Velkerri B shale comparing favourably to some of the most commercially successful shale plays in North America. These results are further evidence of the increasing significance of the Velkerri play, with results still to come from flow testing of two horizontal wells at the neighbouring Santos-operated blocks also targeting the Velkerri play."
.
I could have predicted in advence the arrival of Boo-birds also known as the Backroomroom Boy's minions. They will try to convince you that the precious stone in your hand is nothing but a piece of black coal.
2021-09-03 06:02 ET - News Release
Mr. Philip O'Quigley reports
FALCON OIL & GAS LTD. - AMUNGEE NW-1H - NORMALISED GAS FLOW RATE EQUIVALENT TO 5 MMSCF/D PER 1,000M HORIZONTAL
Falcon Oil & Gas Ltd. has provided results of the production log test at the Amungee NW-1H well. The results suggest a normalized gas flow rate equivalent of between 5.2 million to 5.8 million standard cubic feet per day per 1,000 metres of horizontal section.
Amungee is located in the Beetaloo subbasin, Northern Territory, Australia, and the testing conducted is part of the 2021 work program, which is operated by Falcon's joint venture partner, Origin Energy B2 Pty. Ltd., a wholly owned subsidiary of Origin Energy Ltd.
Amungee background:
Details of Amungee testing:
Philip O'Quigley, chief executive officer of Falcon, commented: "With our unique and extensive position in the Beetaloo subbasin, this is really exciting news for Falcon shareholders and this significant development provides line of sight to the commercialization of the Beetaloo, for which we remain carried for further activity.
"A recent report by an industry analyst suggests that gas flows greater than three mmscf/d from a 1,000 m horizontal well are required to demonstrate the commerciality of the Beetaloo. Not only does this test result significantly exceed these parameters and significantly increase our assessment of the Velkerri dry gas play, but it also puts the Beetaloo on a par with other shale gas basins in North America.
"While we wait for further news from our operations at Kyalla 117 N2-1H ST2 and Velkerri 76 S2-1, we look forward to working with our JV partner, Origin, in establishing the next phase of work on the Middle Velkerri B shale.
"With other drilling activity in neighbouring Santos-operated blocks targeting the Velkerri dry gas play, this is an important moment for the nationally significant Beetaloo subbasin."
Take away:
Do not sell any of your Falcon shares under $10.00
The Beetaloo Strategic Basin Plan released as part of the gas-fired economic recovery
For blind minions…..see link below
https://falconoilandgas.com/company-presentations/#1541158622782-52acf8a2-2f7f
Sooo.. If you Boys want our shares you can start paying $10.00
So hold and do not sell any of your shares under $10.00
Apparently the manipulators are back. Many thanks to the BackroomBoys to prove just how badly they yearn to possess your Falcon shares.