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    Paltar Petroleum to become a Game Changer in the Northern Territory? -- Part I ASX Listing - 500 Beiträge pro Seite

    eröffnet am 31.01.12 23:24:10 von
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      schrieb am 31.01.12 23:24:10
      Beitrag Nr. 1 ()
      Also der Text des ASX Announcement von Sinovus passt genau als hervorragende Beschreibung der aktuellen Situation PHUN SweetP SNV Paltar. Ich denke die auf der SNV-Seite anzuklickende pdf ( die auch bei der ASX unter SNV abrufbar ist)(die ASX-Seiten gefallen mir überhaupt ganz gutBTW) ist völlig zitierbar.



      Sinovus Mining Limited
      ABN 46 121 081 105
      Level 10, 32 Martin Place
      Sydney NSW 2000, Australia
      T: +61 2 8222 6161
      F: +61 2 9222 1880


      ASX ANNOUNCEMENT
      6 June 2011

      Share Subscription - Paltar Petroleum Ltd




      Sinovus Mining Limited (ASX: SNV) is pleased to announce that it has entered into a Share Subscription Agreement with Paltar Petroleum Limited (the Paltar Agreement) to purchase not less than 10% interest in Paltar Petroleum Limited (‘Paltar’).
      Paltar has a 50% farm-in arrangement with Sweetpea Petroleum Pty Limited (‘Sweetpea’) (an associate of Petro Hunter Energy Corporation) in respect to three (3) exploration permits in the Beetaloo Basin in the Northern Territory of Australia. The exploration permits are currently under application and it is expected that EPA 136 and EPA 143 will be approved, subject to finalisation of agreements with the Northern Land Council and native title owners, in about March 2012. EPA 197 is expected to be approved, subject to finalisation of agreements with the Northern Land Council and native title owners, in 2013 or later.

      Paltar Agreement

      The essential terms of the Paltar Agreement provide as follows;

      ►SNV will subscribe for 6,666,667 fully paid ordinary shares in Paltar for a subscription price of $1,000,000 (“subscription price”).

      ► Within 7 days after the listing of Paltar on ASX (“listing”), SNV will issue 23,686,285 fully paid ordinary shares (“shares”) and 23,686,285 free attaching options (“options”) to Wotan Group Limited in return for 5,291,005 shares in Paltar. The SNV shares are issued subject to an escrow period of 18 months from listing.

      ► The SNV attaching options are exercisable at $0.10 per share, and expire on 30 June 2013.
      Page 2 of 3

      ► SNV shall hold not less than 10% of the total issued shares in Paltar immediately after listing.

      If the listing does not occur before 31 December 2012, SNV may rescind the agreement; except that Paltar shall not be required to repay SNV the subscription price, and SNV continue to hold the 6,666,667 shares.

      About Beetaloo Basin

      The Beetaloo Basin has an area of more than 25,000 square kilometres and is located approximately 600 km south of Darwin. The Basin has been the subject of significant oil and gas exploration since 1984. The Beetaloo Basin is of Pre-Cambrian age having more than 3,000 metres of sediment column in which the oil and gas generating Kyalla Shale and the gas generating Velkerri Shales have been identified.

      The main hydrocarbon focus is in reservoirs discovered in the shale and adjoining sandstone which have thicknesses of up to 800m. The 11 wells drilled in the Basin in the 1990’s exhibited good oil and gas shows and some recovered gas and oil on test. In 2007 Sweetpea spudded and drilled the Shenandoah-1 well to a depth of 1,550m reaching the Kyalla Shale. Multiple hydrocarbon shows were encountered and high gas readings recorded over the entire Kyalla interval. The well was later re-entered and drilled to 2,714m to the Velkerri Shale indicating thickness of up to 800m with recordings of total organic carbon (TOC) between 4% to 7% and as high as 12%.

      Exploration to date confirms substantial hydrocarbon quantities in sediments without trap and reservoir structures similar to the unconventional gas and oil projects North America.
      The bulk of exploration activity has occurred in the centre of the Beetaloo Basin in Exploration Permits 76, 98, 99 and 117. Falcon Oil & Gas Limited (TSXV: FO) (‘Falcon’) 73% subsidiary Falcon Oil & Gas Australia Ltd (‘Falcon Australia’) and Sweetpea hold the permits.

      On 2nd May 2011 Falcon announced it had entered an agreement to sell to Hess Corporation subsidiary Hess Australia (Beetaloo) Pty Ltd (‘Hess’) a working interest of up to 62.5% of EPA 76, 98 and 117 for cash payments of US$17.5m, purchase of Falcon options for US$2.5m Page 3 of 3

      (exercisable at the greater closing share price between 18 and 22 February 2011) and with first phase seismic investigation expenditure of US$40m. Hess may then elect to proceed to the next phase of exploration involving drilling five wells and further appraisal beginning in 2012.

      Exploration Permit applications

      EP(A) 143 and EP(A) 197 are located along the western margin of the Beetaloo Basin.
      The Paltar primary exploration strategy is to target the oil potential of the Lower and Upper Kyalla Formation and the oil and gas/condensate potential of the Velkerri Formation in unconventional plays.

      The geology of these permits is thought to be similar to that encountered in Shenandoah-1 - where 1000 m of Kyalla had oil shows - but, some 200 m - 300 m shallower with the Upper Kyalla expected to be around 800 m deep. The main target zones in these tenements will be the presence of oil in the sandier sections of the Kyalla and Velkerri formations where these formations are contained within structural highs.

      The secondary exploration strategy for these permits is to target conventional oil and gas plays associated with generation and expulsion of hydrocarbons out of the Velkerri and Kyalla formations and either short range migration into sandstones or along fairways from the deeper sections of the basin into sandstones within four-way dip closed structures along the Daly Waters Arch. Seismic interpretation has identified four large thrust sheets in the western section of the basin and Paltar will be looking for Jamison, Moroak and possibly Bessie Creek sandstone targets contained within these thrust sheets. The Jamison Sandstone is interpreted to be approximately 800m deep on the west side of the basin but it may be found even shallower i.e., 200-300 m. At Shenandoah-1, the Moroak Sandstone was observed to have good permeability but low porosities and contained gas. In these permits the sands should have better primary porosities.

      Permit EP(A) 136 is located along the eastern margin of the basin.
      The primary exploration strategy in this permit is targeted at unconventional oil and gas plays associated with the deeper basin section in the northern area of the permit.
      The secondary exploration strategy is likely to be a combination of stratigraphic and structural in which the major sands pinch out onto the flanks of remnant highs or thinly draped over highs.

      Please direct any enquiries to Mr. Nick Tropea (Company Secretary) on +61 2 8222 6161

      http://www.sinovus.com.au/images/announcements/2011-06-06_pa…
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      schrieb am 31.01.12 23:41:19
      Beitrag Nr. 2 ()
      Morgan Stanley Handles Paltar Float

      Journalist: Sarah Thompson, Khia Mercer
      Date: 8 August 2011
      Publication: Australian Financial Review - Street Talk (p. 18)



      Morgan Stanley will today sign up as broker and underwriter for the initial public offering of Paltar Petroleum, which is all set to tap into the growing excitement around shale gas in Australia. The IPO is expected to raise $25 million for an indicative market capitalisation of about $130 million with a listing pencilled in for September.

      Morgan Stanley will also help to secure an oil and gas major as a farm-in partner on Paltar tenements in the Beetaloo Basin, Northern Territory. It's worth noting Hess Corporation is in the Beetaloo and has committed to spending up to $200 million on a drilling program over the next five years.

      But for all companies active in this area, the major catalyst will be drilling results from Falcon Oil & Gas's Shenandoah 1 well (next door to the Beetaloo) later this year.

      If the Shenandoah well flows as anticipated, sources reckon it will be a game changer for the Northern Territory oil and gas industry. Independent engineering firm Ryder Scott estimates a recoverable potential resource of 17 billion barrels of recoverable oil and 64 TCF of natural gas (for the region).
      http://sinovus.com.au/news/200-morgan-stanley-paltar.html
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      schrieb am 31.01.12 23:55:18
      Beitrag Nr. 3 ()
      Most recently, Marc Bruner has swapped his Texas cowboy hat for a Crocodile Dundee hat as he turns his attention to what lays under the dusty outback of the Northern Territory in Australia. Rumour has it that Bruner and his team of leading geologists have stumbled across one of the largest unconventional oil and gas deposits globally, in an area most Australians would never have even heard of—the Beetaloo Basin. It is 600 kilometres from Darwin, but considering the community noise in the US and Australia about unconventional oil and gas drilling, the more remote the better as far as keeping farmers onside. Marc Bruner’s company Paltar Petroleum is currently pegging out some land in the Basin. What makes it worth watching is that right next door is the oil and gas giant, Hess Corporation. These guys don’t commit to another country unless they really like the rocks, or more importantly what’s captured inside those rocks. A planned $40 million seismic surveying program over the next 12 months will likely reveal just how valuable these rocks are.
      http://marcbruner.gather.com/
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      schrieb am 01.02.12 00:36:42
      Beitrag Nr. 4 ()
      Paltar Petroleum Limited - GRI provided an Independent Geologist’s Report for Paltar Petroleum Limited for use in an IPO to raise funds to undertake a program of exploration in the Beetaloo Basin, Northern Territory, Australia. The work involved the technical evaluation of three petroleum tenements within the basin owned by Sweetpea Petroleum Pty Ltd, which Paltar had entered into joint venture arrangements to earn 50% equity interest in each tenement by paying 100% of all costs associated with each permit.
      http://www.globalresources.com.au/alliances.html
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      schrieb am 01.02.12 00:52:16
      Beitrag Nr. 5 ()
      About Paltar Petroleum Limited



      Paltar Petroleum is focused on the acquisition of, and exploration for, unconventional oil and gas projects around the world. The company’s management, led by Chief Executive Officer, Marc Bruner, has a track record of identifying large unconventional projects worldwide. Such projects have included the Mako Trough (40 TCF) in Hungary, the Karoo Basin (30 TCF) in South Africa, the Uinta Basin (6.2 TCF) in Utah and the Pinedale Anticline (23.5 TCF) in the Green River Basin, Wyoming and the Pennaco Energy project (2 TCF) in the Powder River Basin, all located in North America, and the Beetaloo Basin (estimated recoverable potential reserves of 64 TCF and 17 billion barrels of oil) located in the Northern Territory, 500 km southeast of Darwin, Australia.

      Paltar, through its joint venture agreement with 50% partner, Sweetpea Petroleum Pty Ltd, has applied for 3 licences in the Beetaloo Basin (EPA 136, EPA 143 and EPA 197).

      Paltar’s tenement applications are located around 4 other exploration permits held by Falcon Oil & Gas Australia.

      Paltar believes that Falcon has discovered one of the world’s largest in place oil and gas deposits. Independent engineering firm Ryder Scott report states an estimated potential resource of approximately 500 billion barrels of oil, and 500 trillion cubic feet of gas in place. There are two world class shales over 800 metres thick. The sweet spots are remarkably consistent in thickness and are regionally pervasive. Marc Bruner and Paltar’s Chief Geologist, Ben Law, believes these shales and sweet spots extend into its adjacent property of over 2 million acres.
      http://www.paltar.com.au/about.php

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      schrieb am 01.02.12 01:38:59
      Beitrag Nr. 6 ()
      Ja also den blog auf der Platar Seite sehe ich jetzt zum erstenmal, er ist auch ziemlich neu:cool:So part i by Ben is really a coincidence:cool:so what. Marc is actually the admin of the blog:laugh:

      The history of unconventional drilling – >Part 1

      As long ago as 1950, geoscientists were aware of the resource contained in poor quality (ugly) reservoirs. Beginning in about 1975, petroleum explorationists became increasingly aware of the resource potential. Significant papers by leading petroleum geologists Masters (1979, 1984) Law, et al, (1979, 1980), McPeek (1981), and Spencer (1985, 1989), identified potentially very large resources in very tight (low-permeability and porosity) sandstone reservoirs. But it wasn’t until the early 1990’s that technology became available to exploit those ugly (unconventional) reservoirs.

      1990’s – First commercial production: BCGAs (basin-centred gas accumulations)

      Initially, the new technology only addressed the exploitation of very tight (porosity <14% and permeability < 0.1 md) sandstones (BCGAs) by the recognition of vertically stacked, very thick, gas-bearing sandstone sequences (>3,000 ft) such as those occurring in the Pinedale and Jonah fields in Wyoming or the Piceance basin in Colorado. In those fields the sandstones are fluvial dominated and hence were individually lenticular and volume restricted.

      Consequently, commercial production was first achieved from that type of sandstone sequence in about 1990-1992 through the use of staged fractures and the co-mingling of gas in a vertically drilled hole where the net thickness of tight sandstone is greater than 400-500 feet. In some cases as many as 20 fracture stages are conducted.

      Drilling a horizontal well into lenticular, volume restricted sandstones would result in a very limited flow and risk drilling out of the objective reservoir into a non-producing lithology. Well spacing in this type of unconventional hydrocarbon accumulation is close, ranging from 5 to 80 acres. Eberhard and Mullen (2004) and Jennings and Ault (2004) provide detailed information concerning drilling and completion technologies in these types of unconventional reservoirs.
      Category: Uncategorized
      Tag: Ben Law, Marc Bruner, Oil & Gas, shale, unconventional oil and gas

      January 24 2012 Ben Law
      http://www.paltar.com.au/blog/index.php/2012/01/the-history-…
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      schrieb am 01.02.12 02:04:04
      Beitrag Nr. 7 ()
      So here’s one from Marc;)

      What are unconventional oil and gas accumulations?

      The question—What are unconventional oil and gas (hydrocarbon) accumulations is a very good question and poorly understood, even within the petroleum industry. Some people would respond with an economic definition such as “it has to be commercially productive”. However, the definition has nothing to do with economics or commerciality and instead is defined by the nature of the accumulation. Unconventional hydrocarbon accumulations may not be commercial, regardless of the more recently developed technologies.

      Perhaps unconventional hydrocarbon accumulations may best be understood by a comparison with conventional hydrocarbon accumulations. Conventional hydrocarbon accumulations require a structural, stratigraphic, or combination trap, occur in relatively good quality reservoirs, have an effective seal, and have a down-dip water contact.

      Conventional hydrocarbon accumulations are also discrete, generally encompassing areas of a few 10’s to a few 1,000 acres.

      In contrast, unconventional hydrocarbon accumulations can best be identified by the scale of their existence; they are regionally pervasive accumulations, commonly extending over hundreds or thousands of square miles. In addition, unconventional accumulations are commonly associated with poor reservoir quality (very low porosity and permeability), and an absence of a down-dip water contact. They do not require the presence of a structural or stratigraphic trap, and may not require the presence of an effective seal. Unconventional accumulations may also be of a thermogenic or biogenic origin, containing thermally generated hydrocarbons or biologically generated hydrocarbons.

      Category: Uncategorized
      Tag: Ben Law, Marc Bruner, Oil & Gas, shale, unconventional oil and gas

      January 18th, 2012 Marc Bruner
      http://www.paltar.com.au/blog/index.php/2012/01/what-are-unc…
      Avatar
      schrieb am 01.02.12 02:35:41
      Beitrag Nr. 8 ()
      Board & Management








      Marc Bruner - Chairman

      Marc Bruner is a leader in the development of unconventional oil and gas projects worldwide. His track record of identifying large unconventional projects includes the Mako Through (40 TCF) in Hungary, the Karoo Basin (30 TCF) in South Africa, the Uinta Basin (6.2 TCF) in Utah and the Pinedale Anticline (23.5 TCF) in the Green River Basin, Wyoming and the Pennaco Energy project (2 TCF) in the Powder River Basin, all located in North America, and the Beetaloo Basin (estimated recoverable potential reserves of 64 TCF and 17 billion barrels of oil) located in the Northern Territory, 600 km south of Darwin, Australia.

      With more than 30 years experience in the industry, Marc Bruner has worked with world renowned geologists, Ben Law and Tom Albrandt to identify unconventional oil and gas opportunities in the United States of America and internationally. Marc Bruner’s major successes have included the development of the Pinedale Anticline in the Green River Basin of western Wyoming, now recognised as the fourth largest unconventional natural gas field in the United States, and the exploration and development of successful coal bed methane properties in the Powder River Basin.

      Marc Bruner has founded a number of successful international oil and gas companies including Ultra Petroleum Corporation in 1996, a US$7 billion NYSE company focused on the development of the Pinedale Anticline unconventional oil and gas project, Pennaco Energy in 1997, focused on the exploration and development of unconventional oil and gas leases of coal bed methane properties located in the Powder River Basin, subsequently sold to Marathon Oil for US$500 million, and Falcon Oil and Gas in 2005, a Toronto Stock Exchange listed company which acquires, explores and develops large acreage positions of unconventional oil and gas resources.

      With these companies Marc Bruner has negotiated major commercial transactions with global oil and gas companies, Halliburton, Marathon Oil, Exxon Mobil and Hess Corporation.

      Most recently, Marc Bruner founded Paltar Petroleum to develop an extensive unconventional oil and gas play in Australia’s Beetaloo Basin, potentially one of the world’s largest untapped shale deposits.



      Ben Law – Chief Geologist

      Mr Law’s 35 years of research on unconventional gas systems has led to US and international recognition as an expert in basin-centred gas (Tight Gas) and coalbed methane systems. He is renowned for recognising and documenting the occurrence of numerous basin-centred gas systems worldwide, including the Powder River Basin of Wyoming, Greater Green River Basin of Wyoming, Colorado, and Utah, Colombia River Basin in Washington, Timan-Pechora Basin in Russia, Dnieper-Donets Basin in Ukraine, Taranaki Basin in New Zealand and the Beetaloo Basin in Australia.

      From 2004-2011 Mr Law worked with Falcon Oil and Gas Ltd where he was responsible for the global search for unconventional hydrocarbon accumulations. During his tenure with Falcon he was instrumental in the identification and acquisition of conventional and unconventional oil and gas properties in Hungary, Romania, Australia, and South Africa.

      Mr Law has published more than 195 papers, books and abstracts on petroleum and coal geology and was Founder and Co-Chairman of the American Association of Petroleum Geologists and Co-Chairman from 1997 – 2003. He has received numerous industry accolades including Rocky Mountain Association of Geologists Outstanding Scientist Award, 1997, Robert H.Dott, Sr. Memorial Award for best AAPG Special Publication 2000, honorary editor for the Chinese Oil and Gas Journal from 2004 until present, and in 2010, was an invited speaker at the 376th Xiangshan Science Conference in Beijing, China.



      Carmen J (Tony) Lotito – Executive Vice President

      Mr. Lotito served during the period 2007 - 2010 as the Executive Vice President - Business Development of Falcon Oil and Gas Ltd, the TSX Venture Exchange-listed Canadian parent and the following Falcon wholly-owned subsidiaries: TXM Oil and Gas Exploration Kft and TXM Marketing Trading & Service, LLC (Hungary); Mako Energy Corporation and Falcon Oil & Gas USA, Inc (USA); and Falcon Oil & Gas Australia Limited (Australia). As part of his tenure with Falcon Oil and Gas Ltd, Mr Lotito also served as a Director for each of these subsidiary companies.

      Mr. Lotito was a financial consultant for over 34 years to domestic and international clients which also includes working as an Audit Manager for nine years for a national public accounting firm after graduating in 1967 with a B.S. degree in accounting from the University of Southern California.



      David Henty Sutton - Director

      David has many years experience in stock broking and investment banking. He was Executive Chairman from 2002 to 2010 of Martin Place Securities Pty Limited, a boutique investment firm holding an AFS Licence, where his responsibilities included management of corporate finance, advisory, and stockbroking activities with the firm. David currently owns and manages Dayton Way Financial Pty Limited, a boutique financial services company focusing on the global resources sector.

      Prior to his current role he was a partner and Director of several stock exchange member firms including Clarke & Co and Macnab Clarke and more recently, a Director of TA Securities, Hudson Securities and Terrain Securities.

      He became a member of the Stock Exchange of Melbourne and subsequently, Australian Stock Exchange Limited.



      Darrel John Causbrook - Director

      Darrel Causbrook is a Chartered Accountant with over 30 years experience in the accountancy profession, having worked for both large and mid-sized accounting firms. Over 10 years ago, Darrel established his own accounting practice, providing business and strategic advice to a variety of industries. Darrel’s professional interest includes financial reporting and corporate governance.

      He holds a Bachelor of Commerce Degree, is a Fellow of Institute of Chartered Accountants in Australia, CPA Australia and Taxation Institute of Australia and is a member of Australian Institute of Company Directors.



      Hamish Leslie McIntosh - Director

      Hamish McIntosh is a licensed financial planner. He has worked for a number of large and small private banking firms. For the last 10 years he has been the majority shareholder and managing director of KWM Financial Consultants Pty Limited. Hamish specialises in providing financial advice to high net wealth individuals and private organisations.

      He holds a Bachelor of Commerce Degree, is a Chartered Financial Planner and Member of the Financial Planning Association.








      http://www.paltar.com.au/beetaloo_board.php
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      schrieb am 01.02.12 02:41:48
      Beitrag Nr. 9 ()
      Contact Paltar Petroleum Limited

      Level 10, 32 Martin Place Sydney NSW 2000

      For investor or media enquiries:
      Michelle Smith at Citadel
      Phone: +61 2 9290 3033
      http://www.paltar.com.au/contact.php
      Avatar
      schrieb am 01.02.12 02:46:29
      Beitrag Nr. 10 ()
      Avatar
      schrieb am 01.02.12 02:59:50
      Beitrag Nr. 11 ()
      Wotan, the beginning.



      Marc A. Bruner is the founder and chairman of Wotan Group Limited. He was also the founder and chairman of Ultra Petroleum and Falcon Oil and Gas. During his tenure at those companies, he conceived and negotiated all the contracts that became the principle assets of both companies. He intends to bring the same unique perspective of unconventional thinking at Wotan Australia Limited, that will give a competitive advantage to each of its subsidiaries.
      http://wotan.com.au/about.php

      SRK Consulting is an independent, international consulting company providing focused advice and problem solving. SRK is one of the world’s first one-stop consultancies offering specialist services to mining and exploration companies for the entire life cycle of a mining project, from exploration through to mine closure. Among SRK’s clients are most of the world’s major and medium-sized metal and industrial mineral mining houses, exploration companies, banks, petroleum exploration companies, agribusiness companies, construction firms and government departments.
      http://wotan.com.au/consultants.php

      http://wotan.com.au/corporate_structure.php

      http://wotan.com.au/contact.php
      Avatar
      schrieb am 01.02.12 03:33:52
      Beitrag Nr. 12 ()
      Damit wäre die basale Information über Paltar einmal aufgelistet. Gleich durchgängig. Wirklich interessant wird diese Company nach einem listing an der ASX und hopefully einem IPO. Erst dann wird man sie traden können, eventuell auch in D. Ob es dazu kommt hängt stark ab von der seismic von Hess im Beetaloo Basin und von der weiteren möglichen Entscheidung von Hess weiterzumachen im Beatle.Loo. Gleichwohl besteht für Bruner hier eine gewisse Unabhängigkeit, wenn er denn eigene Partner findet. Ein IPO von Paltar allerdings bezöge insbesondere Kraft von einer erfolgreichen seismic von Hess.

      Diese neue Company von Marc jetzt schon so in die Diskussion einbringen? Ja, ich denke doch, die Infos erfahren so eine weitere Konzentration ohne sich in den news von Falcon Petrohunter Sweetpea Hess Sinovus in einer größeren Vielfalt gleichsam zu verlieren, verdünnen, verwässern.

      Interessant auch für Sweetpea ist die Zusammenarbeit mit Sinovus. Nicht nur Öl und Gas alleine muss eine Rolle spielen für Wotan Paltar Sinovus Sweetpea, allerdings ist das Beetaloo BasinIMHO der zentrale Ansatzpunkt.

      Wenn irgendwer respektive irgendetwas überhaupt Petrohunter wieder zum Leben erwecken kann dann ist es Paltar. Das weiß Bruner genauso wie Russenberger als auch wir das wissen.

      Here we go. GLTUA

      Ziel: Paltar Petroleum to become a Game Changer in the Northern Territory? -- Part II Exploration and Production

      Will this happen? Lets wait and see
      Avatar
      schrieb am 01.02.12 04:28:52
      Beitrag Nr. 13 ()
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      schrieb am 01.02.12 21:08:00
      Beitrag Nr. 14 ()
      Hallo Auriga :)

      Danke für die Infos... intressant auf den ersten Blick.
      Australien & Oil/Gas - könnte ein richtiger Boom werden.

      Kenne PetroFrontier & Central Petroleum etc.

      Paltar noch nicht :) Muss mich einlesen.
      3 Antworten
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      schrieb am 05.02.12 02:28:02
      Beitrag Nr. 15 ()
      Antwort auf Beitrag Nr.: 42.683.662 von Ahorne am 01.02.12 21:08:00Ja also Central Petroleum macht echt Spaß. Der SP hat sauber angezogen, und in der Tat, so einen Treffer wünscht man sich endlich einmal auch für Petrohunter und FO AUS.

      Beach hat ja zuletzt auch recht erfolgreich gedrillt, nein nicht gegrillt, oder doch auch. Die initiale Phase bei Paltar wird sich erst einmal über das gesamte weitere Jahr 2012 erstrecken, as to be anticipated.....ist aber auch jetzt schon ziemlich interessant.......ja, was war das denn für ein Treffer bei Central Petroleum?.......http://www.centralpetroleum.com.au/newsroom.php
      2 Antworten
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      schrieb am 05.02.12 09:13:48
      Beitrag Nr. 16 ()
      Antwort auf Beitrag Nr.: 42.700.839 von auriga am 05.02.12 02:28:02Ja, In Australien kann was grosses Enstehen. Bei PetroFrontier wird schon über ein neues Vorkommen wie Bakken Shale Formation spekuliert.

      Sollte hier hier nur ein Teil eintreffen wird die Hölle los sein.
      Bakken Shale Formation ist Nordamerika der Stoff aus dem die Träume gemacht sind - zumindest im Öl Sektor.

      Weisst Du wenn der IPO bei Paltar Petroleum sein könnte?

      Gruss A.
      1 Antwort
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      schrieb am 05.02.12 10:05:13
      Beitrag Nr. 17 ()
      Antwort auf Beitrag Nr.: 42.700.937 von Ahorne am 05.02.12 09:13:48OK, das ist ne richtig gute Frage. Das Paltar Projekt von Bruner dockt in einem Aspekt an im westlichen Beetaloo Basin, wobei die zentralen Beetaloo permits bei Falcon Australia liegen, welches letztere mit Hess zusammenarbeitet. Hess macht gerade seismic im Beetleloo.

      Im Februar 2012 -- also in diesem Monat -- treffen Falcon sich mit Hess zu einem Besprechen von ersten Ergebnissen, die auch den Shenandoah-1 einbeziehen, den Falcon AUS gedrillt hat. Es soll aber noch keine detaillierte news darüber geben, da die seismic von Hess letztendlich erst angelaufen ist.

      Verläuft die seismic von Hess weiterhin erfolgversprechend im Laufe diesen Jahres macht Hess weiter im Beetaloo Basin und bohrt fünf wells im JV mit Falcon.

      Wie ich Marc Bruner kenne wäre genau ein solches announcement des Weitermachens von Hess der Zeitpunkt das listing an der ASX durchzuführen. Das IPO ist wenn du so willst schon am Laufen mit Morgan Stanley, aber auch Morgan muss sich ja beteiligen an dem timing des listings, denn $ 25 Mio müssen erst mal an Land gezogen werden.

      Auf dem jetzigen Stand der Entwicklung würde ich ein vollzogenes IPO und ein listing an der ASX vermuten im vierten Quartal 2012, also noch etwas hin. Falls schon früher umso besser.

      Grüße, A

      PS: zu beachten ist natürlich genauso die Frage von strategic partners für Paltar. Diese geht Hand in Hand mit dem IPO. Wann sind mögliche Partner insbesondere bereit einzusteigen bei Paltar? Wenn Hess weitermacht in Beetaloo, weil die seismic gut ist. Also für mich bleibt es in meiner Einschätzung beim vierten Quartal 2012, wenn es gut läuft im Beetaloo Basin mit Hess. -- Auch Gesamtmarktaspekte sind immer zu beachten. Also vorausgesetzt dass auch hier die Gesamtsituation dazu einlädt to press the green button.
      Avatar
      schrieb am 14.04.12 15:47:22
      Beitrag Nr. 18 ()
      Northern Territory heating up as North Americans join ASX oilies: Hess, PetroFrontier, Baraka Energy
      Saturday, April 14, 2012 by Bevis Yeo






      While oil and gas activity in Australia has grown in recent years, the Northern Territory's onshore basins have seemingly sailed under the radar with just a handful of juniors keeping the flame burning.

      However, the strong interest in unconventional gas plays in the country and the entry of North American players has sparked interest in the state's resources and the promise of increased levels of exploration and development activity.

      The Northern Territory is emerging as the frontier oil and gas exploration hot spot in Australia as new oil finds and unconventional boom draws North American majors and explorers.
      This can be seen by the speed at which the acreage have being snapped up with roughly 90% of the most prospective basins now under licence or application, compared to less than 10% a few years ago.

      Background

      Despite their size and potential prospectivity, the Amadeus, Beetaloo, onshore Bonaparte, Georgina and Pedirka basins have had minimal exploration carried out on them due in no small part to their remote location.

      Most of the work was carried out on the Amadeus where the Mereenie oil field and Palm Valley gas field were discovered in 1963 and 1965 respectively and brought into production more than 20 years later in 1984 and 1987.

      Work by the Northern Territory Geological Survey has estimated that up to 650 million barrels of oil equivalent unrisked recoverable hydrocarbons remain to be discovered in the Amadeus.

      The Basin is also believed to have large unconventional gas resources in the Ordovician Larapinta Group.

      Test wells were also drilled in the Georgina Basin, with most recent in 1991, that demonstrated oil shows and good quality source rocks. However, these were plugged and abandoned.

      Nonetheless, the Georgina is now considered to be the most prospective undeveloped basin in the Northern Territory with a number of companies planning to start exploration work.

      Other basins include the Pedirka, which is contiguous with the highly prolific Cooper Basin to the south, the Bonaparte Basin that contains a number of known oil and gas fields, and the Beetaloo Basin, which has attracted U.S. independent Hess Corporation (NYSE: HES).

      Australian players

      Central Petroleum (ASX: CTP)(http://www.proactiveinvestors.com.au/companies/sponsors_land…) holds a large acreage position throughout the Northern Territory, focusing primarily on the Amadeus, Pedirka and Georgina basins.

      The company has been exploring the region for more than a decade and has finally seen its efforts to prove up the petroleum prospectivity of Central Australia bear fruit with the Surprise-1 oil discovery in the Amadeus Basin that is set to enter production testing.

      Central is also targeting unconventional coal and shale targets in both the Pedirka and Georgina basins.

      Investors have jumped on board the CTP bandwagon this year, with shares in the company almost doubling to a high of A$0.105 on 12 April from A$0.053 at the beginning of the year.

      Also in the Georgina Basin is Baraka Energy & Resources(ASX:BKP)(http://www.proactiveinvestors.com.au/companies/sponsors_land…), which holds 25% stakes in 2 permits as well as a 75% interest in a 75 square kilometre area around the Elkedra-7 well which had encountered oil shows.

      Baraka believes the use of modern horizontal drilling and multi stage fracture stimulation technology would unlock the hydrocarbon potential of the Arthur Creek shales and make the Southern Georgina, where its assets are located, a valuable exploration prospect.

      Meanwhile, Beach Energy (ASX: BPT) had late last year signed a formal agreement to earn up to 90% stakes in two onshore Bonaparte Basin permits held by private company Territory Oil and Gas.

      This involves the funding a 3 phase work program that includes an aeromagnetic/gravity survey and 2 deep wells.

      Somerton Energy (ASX: SNE), which Beach owns 56.2% in, has since secured rights to take a 18% stake in the 2 permits.

      Armour Energy, a 50% owned subsidiary of DGR Global (ASX: DGR)(http://www.proactiveinvestors.com.au/companies/sponsors_land…)that is currently in the middle of a A$75 million initial public offering, holds a 126,000 square kilometre portfolio in the McArthur, South Nicholson and Georgina basins.

      This funding will allow the company to embark on an aggressive drilling program of up to 9 vertical wells, 3 lateral wells and completion of 2 multi stage fracture stimulation programs in EP 171 and EP 176 in the McArthur over the next two years.

      MBA Petroleum Consultants has assessed this area to contain a combined mean prospective resource of 18.8 trillion cubic feet (Tcf) of gas and 2 billion barrels of associated liquids within its unconventional and conventional plays.

      Private company Falcon Oil & Gas is also poised to embark on a major drilling campaign in the Beetaloo Basin, where it holds more than 28,300 square kilometres in four licences it acquired in 2008.

      While its exploration work has identified six active petroleum systems with shale oil and gas in addition to conventional potential, it is the entry of Hess under a US$60 million (A$57.7 million) farm-in to a 25,200 square kilometre area that is set to stoke the exploration fire.

      North American investment

      Hess, which has shale gas experience in the U.S. and the offshore WA-390-P permit off Western Australia where it has made a number of gas discoveries, is paying Falcon US$17.5 million for a 62.5% stake in the acreage and will also pay the cost of a US$40 million seismic acquisition program.

      It can then elect to continue to the next phase of the work program that includes drilling five wells to explore and appraise the agreement area.

      Hess is arguably the largest player to commit to exploration in the onshore Northern Territory and its presence could draw the attention of other major independents and supermajors into the area.

      However, it is far from the only North American player in the area.

      Canada's PetroFrontier (CVE: PFC) holds a massive 55,000 square kilometre acreage position in the southern Georgina Basin, including permits EP 127 and EP 128 that Baraka is participating in.

      It started its exploration program in August 2011 with the drilling of 1 horizontal well and the start of another, though this was suspended due to the wet season in the Territory.

      This second well is expected to be completed in the dry season of this year while a third well will be spudded in the current quarter.

      The 3 wells will then be fracced and tested for economic flow rates from the Arthur Creek “Hot Shale” zone.

      PetroFrontier is also expanding its acreage in the Basin, acquiring 2 exploration permit applications that are subject to negotiation of surface access agreements with the Aboriginal stakeholders.

      Fellow Canadian Rodinia Oil (CVE:ROZ) has the right to earn up to 60% in about 22,260 square kilometres of Georgina Basin acreage.
      http://www.proactiveinvestors.com.au/companies/news/27619/no…
      THX Lakeside_Park
      Avatar
      schrieb am 29.04.12 12:35:21
      Beitrag Nr. 19 ()
      Öl, Metall und Kohle Die Tücken der Rohstoffaktien

      27.04.2012 • Nur wenige Rohstoffhändler sind an der Börse notiert. Anleger können stattdessen auf Minenaktien und Ölwerte setzen. Doch auch sie haben ihre Besonderheiten.

      Von Tim Höfinghoff





      Der Handel mit Rohstoffen wie Öl, Kohle und Metallen floriert, dabei wird das Geschäft nur von wenigen Akteuren kontrolliert. Für Aktienanleger, die an der Entwicklung dieser Branche teilhaben wollen, ist das nicht einfach. Im Ölmarkt zum Beispiel, der von Anbietern wie Vitol, Trafigura, Gunvor sowie Mercuria dominiert wird, ist keines dieser Unternehmen an der Börse notiert. Die Branche agiert lieber im Verborgenen und scheut den Gang an die Börse – denn das bringt Aufmerksamkeit und Pflichten wie das regelmäßige Veröffentlichen von Geschäftszahlen mit sich. Daher erteilt auch Ian Taylor, Vorstandschef von Vitol, dem größten Ölhändler auf der Welt, einem Gang auf das Parkett eine Absage: „Wir planen in den kommenden Jahren keinen Börsengang“, sagte er kürzlich auf einer Rohstoffkonferenz in Lausanne.

      Der Schweizer Glencore-Konzern hingegen, der im Rohstoffhandel weltweit führend ist und ebenfalls im Ölgeschäft stark mitmischt, ist im Mai 2011 an die Börse gegangen. Dann verkündete das Unternehmen, mit dem Minenkonzern Xstrata fusionieren zu wollen. Ziel ist, den Einfluss im Rohstoffmarkt noch zu vergrößern.


      Verarbeitungsanlage für Rohstoffe von BHP Billiton in Australien.

      Glencore und Noble Group haben Anlegern wenig Freude gemacht

      Mit dem Börsengang von Glencore hat sich die Auswahl für Anleger mit Blick auf die Rohstoffhändler erweitert, auch wenn es schon Anbieter wie etwa Noble Group gibt, die bereits seit 1997 an der Börse in Singapur notiert ist.

      Unternehmen, wie Glencore und Noble Group, die nicht nur Öl rund um die Welt handeln, sondern auch Kohle, Gas, Zucker und Sojabohnen, haben den Aktienanlegern allerdings nicht viel Erfolg beschert. Die Glencore-Aktie hat seit ihrem Start vor knapp einem Jahr etwa 17 Prozent verloren. Die Noble-Group-Aktie hat auf Sicht eines Jahres sogar um 45 Prozent nachgegeben.

      Intransparente Rohstoffbranche

      Das Geschäft der Rohstoffhändler ist schwer vorhersehbar – und damit auch die Gewinnentwicklung. Selbst wenn die Preise vieler Rohstoffe steigen, muss das nicht unbedingt für höhere Gewinne der Händler sorgen. Hinzu kommt, dass die Rohstoffbranche alles andere als transparent ist. Das macht es Anlegern schwer, sich in diesem Markt zu engagieren.

      Hinzu kommt, dass die Rohstoffhändler inzwischen mit sinkenden Margen kämpfen. Die Unternehmen machen sich immer mehr untereinander Konkurrenz. Der Trend ist, sich nicht nur auf das Handelsgeschäft zu konzentrieren, sondern die gesamte Wertschöpfungskette abzudecken. Das Ziel ist, von der Förderung der Rohstoffe, ihrer Lagerung und dem Transport bis zum Kunden das Geschäft komplett zu bestimmen. Mit diesem Wandel, den allen voran Glencore betreibt, ist aber auch viel zusätzliches Kapital nötig. Daher war aus Sicht des Unternehmens der Börsengang sinnvoll.

      Minenaktien sind risikoreiche Anlagen

      Aktienkäufer, die nicht auf die Handelsfirmen setzen wollen, können auch Minenaktien kaufen. „Die Aktien der Minenkonzerne sind etwas einfacher einzuschätzen“, sagt Credit-Suisse-Analyst Matthias Müller, „weil die Produktion der Anbieter in der Regel von wenigen Rohstoffen abhängt.“ Die Anleger wetten also auf die Preisentwicklung dieser Rohstoffe. Allerdings gibt es auch große Minenkonzerne wie BHP Billiton, die sehr breit aufgestellt sind und mehrere Rohstoffe fördern. Dazu zählen dann Eisenerz, Kohle und auch Öl und Gas. Zu den größten Anbietern in der Bergbauwelt gehört nicht nur BHP Billiton, sondern auch Vale, Rio Tinto und Xstrata.

      Solche Titel zählen an der Börse zu den eher risikoreicheren Anlagen. Es sind zyklische Aktien, sie reagieren stark auf die Entwicklung der Weltwirtschaft und der Nachfrage nach Rohstoffen. „Besonders wichtig ist dabei die Lage in China“, sagt Analyst Müller. Denn China ist der größte Rohstoffverbraucher auf der Welt. Ein Problem für die Minenbranche sei, dass die Unternehmen immer mehr investieren müssen, um an die Rohstoffe heranzukommen. „Die Gewinne steigen nicht mehr, sie nehmen eher ab“, sagt Müller und ergänzt: „Die Margen geben ebenfalls nach, weil die Kosten zunehmen.“ Überhaupt sind viele Minenbetreiber in Regionen aktiv, die politisch instabil sind. In solchen Ländern ist das Risiko hoch, dass Rohstoffunternehmen höher besteuert werden. Auch sind Streiks in den Produktionsanlagen keine Seltenheit.

      Ölaktien als Alternative

      Wer auf Rohstoff-Aktien setzen will, kann nicht nur Minentitel, sondern auch die Aktien von Ölkonzernen kaufen. Alles in allem sind Ölwerte, wie etwa die Aktien von Exxon, BP und Shell weniger zyklisch als Minentitel, aber eben auch keine typischen Wachstumswerte.

      Zwar sollte der hohe Ölbedarf auf der Welt den Unternehmen zugutekommen. „Doch viele börsennotierte Ölkonzerne haben Mühe, ihre Reserven an Rohöl zu ersetzen“, sagt Analyst Müller. „Die Ölkonzerne haben ähnliche Probleme wie die Minenfirmen, da der Zugang zu neuen Vorkommen immer aufwändiger und kapitalintensiver wird. Allerdings haben viele dieser Unternehmen den Wandel in der Branche bereits hinter sich, den viele Minenanbieter noch vor sich haben.“

      In der vergangenen Woche hatten zum Beispiel Exxon und Shell über ihre Quartalszahlen berichtet. Die Konzerne mussten zu Jahresbeginn einen Dämpfer einstecken. Beide verdienten im ersten Quartal weniger als im Vorjahreszeitraum. Doch die Gewinne fallen immer noch sehr hoch aus. Hinzu kommt: Manche Ölkonzerne geben deutlich mehr von ihren Gewinne an die Aktionäre ab. Das zeigt zum Beispiel der amerikanische Exxon–Konzern, der seit Jahren eigene Aktien zurückkauft und die Dividende erhöht hat.






      http://www.faz.net/aktuell/finanzen/devisen-rohstoffe/oel-me…
      Avatar
      schrieb am 11.06.12 19:30:44
      Beitrag Nr. 20 ()
      Zitat von auriga: Die Government Gazette des Northern Territory of Australia ist recht umfänglich in laufenden Veröffentlichungen und ein ziemliches Labyrinth... http://www.nt.gov.au/ntg/gazette.shtml...immerhin lässt sich in G14 vom 04. April 2012 -- für regelmäßige Leser :-) -- auch Folgendes ausmachen:




      . . .

      Petroleum Act (NT) Section 18 NOTICE OF PETROLEUM PERMIT APPLICATION OVER ABORIGINAL LAND Objections under Section 19 of the Petroleum Act: Pursuant to section 19 of the Petroleum Act, a person who has an estate or interest in relation to land compromised in, or land contiguous with land comprised in, an area covered by the proposed grant may, within two (2) months after the notification day, lodge in writing an objection to the proposed grant. Such objection may be lodged at the Office of the Minister for Primary Industry, Fisheries & Resources, c/- Department of Resources, Centrepoint Building, 48-50 Smith Street Mall, DARWIN NT 0800 or GPO Box 3000 DARWIN NT 0801.
      Exploration Permit 230 sought by PALTAR PETROLEUM LIMITED, ACN 149 987 459 over an area of 200 Blocks depicted below for a term of 6 years, within the DARWIN locality.



      Petroleum Act 1984 (NT) Section 18
      Native Title Act 1993 (CTH) Section 29

      NOTICE OF PROPOSED GRANT OF AN EXPLORATION PERMITS (PETROLEUM)
      The Honourable Kon Vatskalis MLA, the Northern Territory Minister for Primary Industry, Fisheries & Resources, c/- Department of Resources, GPO Box 3000 DARWIN NT 0801, hereby gives notice in accordance with section 18 of the Petroleum Act (Northern Territory) and section 29 of the Native Title Act 1993 (Commonwealth) that application/s has/have been made for, and the Minister intends to grant, Exploration Permit/s(Petroleum) (“Permit”) under Division 2 of Part ll of the Petroleum Act (NT) as follows.
      Application(s) to which this notice applies:
      Exploration Permit 219 sought by ARAFURA OIL PTY LTD, ACN 147 521 051 over an area of 112 Blocks depicted below for a term of 5 years, within the DARWIN locality.

      Dann ebenfalls Paltar Petroleum EP 231 232 234 237.

      Exploration Permit 231 sought by PALTAR
      PETROLEUM LIMITED, ACN 149 987 459 over
      an area of 22 Blocks depicted below for a term
      of 5 years, within the DARWIN locality.

      Exploration Permit 237 sought by PALTAR
      PETROLEUM LIMITED, ACN 149 987 459 over
      an area of 49 Blocks depicted below for a term
      of 5 years, within the HALLS CREEK locality.

      Exploration Permit 232 sought by PALTAR
      PETROLEUM LIMITED, ACN 149 987 459 over
      an area of 13 Blocks depicted below for a term
      of 5 years, within the DARWIN locality.
      NMIGMap Sheet No: SD52

      Exploration Permit 237 sought by PALTAR
      PETROLEUM LIMITED, ACN 149 987 459 over
      an area of 49 Blocks depicted below for a term
      of 5 years, within the HALLS CREEK locality.
      Sheet No: SD52

      Nature of act(s): The grant of a permit under the Petroleum Act, gives the person to whom it is granted the exclusive right, for a term of up to 5 years, to explore for petroleum and to carry on such operations and execute such works as are necessary for that purpose in the area covered by the permit including (but not limited to) use of machinery and equipment for carrying out works, removal of material for testing, use of water resources for domestic use and to seek renewals. A permit may be renewed no more than twice. If petroleum is discovered in a Permit area, production licences and/or retention licences may subsequently be granted. Further information about the act may be obtained from the Department of Resources GPO Box 3000 DARWIN NT 0801, or Centrepoint Building 48-50 Smith St Mall, DARWIN NT0800.

      Native Title Parties: Any person who is, or becomes a “native title party” within the meaning of the Native Title Act is entitled to the negotiation and/or procedural rights provided in Part 2, Division 3, Subdivision P of the Native Title Act. Under section 30 of the Native Title Act, persons have until 3 months after the notification day to take certain steps to become native title parties in relation to this notice. Enquiries concerning becoming a native title party should be directed to the National Native Title Tribunal GPO Box 9973
      ADELAIDE SA 5001, telephone (08) 8205 2000.

      . . .






      Also fünf neue permits in OZ von Marc in Arbeit. Ansonsten dürfte insbesondere die seismic von Hess in NT weiterlaufen. Bruner ist mit den Beetaloo permits von SweetP und Paltar an sich unabhängig von der seismic von Hess -- klar -- , ob er aber listet bevor Hess eine Entscheidung trifft bleibt abzuwarten. Fazit: Hess im Focus. JMO. Die potentiellen Partner von Paltar warten auch Hess ab? Ist an sich anzunehmen. Bruner hat allerdings ein separates Gutachten laufen über die Beetaloo Randbezirke. .
      http://www.nt.gov.au/ntg/gazette/2012/pdf/g14.pdf
      Seiten 2 und 3
      Avatar
      schrieb am 12.06.12 17:02:55
      Beitrag Nr. 21 ()
      Exploration Permit 230 sought by PALTAR PETROLEUM LIMITED, ACN 149 987 459 over an area of 200 Blocks depicted below for a term of 6 years, within the DARWIN locality.

      Exploration Permit 231 sought by PALTAR PETROLEUM LIMITED, ACN 149 987 459 over an area of 22 Blocks depicted below for a term of 5 years, within the DARWIN locality.

      Exploration Permit 232 sought by PALTAR PETROLEUM LIMITED, ACN 149 987 459 over an area of 13 Blocks depicted below for a term of 5 years, within the DARWIN locality.


      Exploration Permit 234 sought by PALTAR PETROLEUM LIMITED, ACN 149 987 459 over an area of 40 Blocks depicted below for a term of 5 years, within the DARWIN locality.

      Exploration Permit 237 sought by PALTAR PETROLEUM LIMITED, ACN 149 987 459 over an area of 49 Blocks depicted below for a term of 5 years, within the HALLS CREEK locality.




      230 liegt westlich von Katherine NT ....231 wird von 230 umfasst.....232 liegt südlich von 231 bei Bradshaw unweit des Victoria River NT
      http://goo.gl/maps/Twmn

      234 bei den Victoria River Downs NT
      http://goo.gl/maps/KxYl

      237 bei Inverway, Buchanan NT
      http://goo.gl/maps/DPHZ
      Avatar
      schrieb am 29.06.12 02:20:22
      Beitrag Nr. 22 ()
      So ähnlich wie Hess bei Falcon und Petrohunter: Statoil go OZ again.








      Statoil enters shale exploration in Australia


      June 20, 2012
      Source: Statoil




      Statoil has farmed into Petrofrontier's four existing Exploration Permits (EP 103, 104, 127 and 128) as well as pending exploration permits (213 and 252) in the South Georgina Basin in Australia's Northern Territories in a Joint Venture project.

      This is an early entry at scale into over 13 million acres of immature, but potentially highly prospective play at low cost, with high risk but also with significant upsides.
      Through a step-wise exploration programme the partners will potentially drill 10-20 wells by 2017 in three phases to demonstrate prospectivity.

      Petrofrontier will operate the first phase of the programme while Statoil has secured options to operate from the second exploration phase in addition to increase ownership interests from 25 to 65% of Petrofrontier's interests.

      Statoil has committed to contribute USD 25 million for the first phase of the exploration programme. This figure could escalate to USD 200 million through a phase two and three depending on exploration results.



      "These exploration activities are in line with our objective to access shale plays at an early exploration stage, at low cost and develop them into potentially high value assets. We are looking forward to explore it together with our partner Petrofrontier – a small but highly competent company", says senior vice president for New Ventures in Statoil, Atle Rettedal.
      "We are very excited to announce this farm-in agreement with Statoil. Statoil is a highly regarded international exploration company, actively involved in major unconventional plays and brings exceptional financial resources and technical capabilities to our new relationship" says Paul Bennett, President and CEO of PetroFrontier. "We believe that partnering with a global leader like Statoil validates the potential of our assets and the exploration work we have completed to date."

      Petrofrontier is anexploration company listed on the Toronto Stock Exchange and holds a 75-100% interest in the four Georgina exploration permits EP 103,104,127 and 128, in addition to pending exploration permits.




      http://www.pennenergy.com/index/petroleum/display/2549333877…
      Getting crowded Downunder? ;)
      Avatar
      schrieb am 12.07.12 01:33:02
      Beitrag Nr. 23 ()
      Also wenn das nicht beispielgebend ist für Marc Petrohunter Sweetpea Sinovus dann weiß ich auch nicht.....es geht, wie man sieht....ein Weitermachen von Hess könnte meiner Meinung nach der Auslöser sein, dass auch das Paltar IPO gelingt....es bleibt zu wiederholen dass Paltar zugleich unabhängig ist von einer Hess seismic, aber Morgan Stanley kann auch nur bedingt zaubern und ein Erfolg der seismic von Hess wäre für alle Beteiligten total wünschenswert .... LOGO




      Zitat von auriga: Northern Territory heating up as North Americans join ASX oilies: Hess, PetroFrontier, Baraka Energy
      Saturday, April 14, 2012 by Bevis Yeo






      While oil and gas activity in Australia has grown in recent years, the Northern Territory's onshore basins have seemingly sailed under the radar with just a handful of juniors keeping the flame burning.

      However, the strong interest in unconventional gas plays in the country and the entry of North American players has sparked interest in the state's resources and the promise of increased levels of exploration and development activity.

      The Northern Territory is emerging as the frontier oil and gas exploration hot spot in Australia as new oil finds and unconventional boom draws North American majors and explorers.
      This can be seen by the speed at which the acreage have being snapped up with roughly 90% of the most prospective basins now under licence or application, compared to less than 10% a few years ago.

      Background

      Despite their size and potential prospectivity, the Amadeus, Beetaloo, onshore Bonaparte, Georgina and Pedirka basins have had minimal exploration carried out on them due in no small part to their remote location.

      Most of the work was carried out on the Amadeus where the Mereenie oil field and Palm Valley gas field were discovered in 1963 and 1965 respectively and brought into production more than 20 years later in 1984 and 1987.

      Work by the Northern Territory Geological Survey has estimated that up to 650 million barrels of oil equivalent unrisked recoverable hydrocarbons remain to be discovered in the Amadeus.

      The Basin is also believed to have large unconventional gas resources in the Ordovician Larapinta Group.

      Test wells were also drilled in the Georgina Basin, with most recent in 1991, that demonstrated oil shows and good quality source rocks. However, these were plugged and abandoned.

      Nonetheless, the Georgina is now considered to be the most prospective undeveloped basin in the Northern Territory with a number of companies planning to start exploration work.

      Other basins include the Pedirka, which is contiguous with the highly prolific Cooper Basin to the south, the Bonaparte Basin that contains a number of known oil and gas fields, and the Beetaloo Basin, which has attracted U.S. independent Hess Corporation (NYSE: HES).

      Australian players

      Central Petroleum (ASX: CTP)(http://www.proactiveinvestors.com.au/companies/sponsors_land…) holds a large acreage position throughout the Northern Territory, focusing primarily on the Amadeus, Pedirka and Georgina basins.

      The company has been exploring the region for more than a decade and has finally seen its efforts to prove up the petroleum prospectivity of Central Australia bear fruit with the Surprise-1 oil discovery in the Amadeus Basin that is set to enter production testing.

      Central is also targeting unconventional coal and shale targets in both the Pedirka and Georgina basins.

      Investors have jumped on board the CTP bandwagon this year, with shares in the company almost doubling to a high of A$0.105 on 12 April from A$0.053 at the beginning of the year.

      Also in the Georgina Basin is Baraka Energy & Resources(ASX:BKP)(http://www.proactiveinvestors.com.au/companies/sponsors_land…), which holds 25% stakes in 2 permits as well as a 75% interest in a 75 square kilometre area around the Elkedra-7 well which had encountered oil shows.

      Baraka believes the use of modern horizontal drilling and multi stage fracture stimulation technology would unlock the hydrocarbon potential of the Arthur Creek shales and make the Southern Georgina, where its assets are located, a valuable exploration prospect.

      Meanwhile, Beach Energy (ASX: BPT) had late last year signed a formal agreement to earn up to 90% stakes in two onshore Bonaparte Basin permits held by private company Territory Oil and Gas.

      This involves the funding a 3 phase work program that includes an aeromagnetic/gravity survey and 2 deep wells.

      Somerton Energy (ASX: SNE), which Beach owns 56.2% in, has since secured rights to take a 18% stake in the 2 permits.
      ........................................................................................................................................................
      Armour Energy, a 50% owned subsidiary of DGR Global (ASX: DGR)(http://www.proactiveinvestors.com.au/companies/sponsors_land…)that is currently in the middle of a A$75 million initial public offering, holds a 126,000 square kilometre portfolio in the McArthur, South Nicholson and Georgina basins.

      This funding will allow the company to embark on an aggressive drilling program of up to 9 vertical wells, 3 lateral wells and completion of 2 multi stage fracture stimulation programs in EP 171 and EP 176 in the McArthur over the next two years.

      MBA Petroleum Consultants has assessed this area to contain a combined mean prospective resource of 18.8 trillion cubic feet (Tcf) of gas and 2 billion barrels of associated liquids within its unconventional and conventional plays.

      ........................................................................................................................................................
      Private company Falcon Oil & Gas is also poised to embark on a major drilling campaign in the Beetaloo Basin, where it holds more than 28,300 square kilometres in four licences it acquired in 2008.

      While its exploration work has identified six active petroleum systems with shale oil and gas in addition to conventional potential, it is the entry of Hess under a US$60 million (A$57.7 million) farm-in to a 25,200 square kilometre area that is set to stoke the exploration fire.

      North American investment

      Hess, which has shale gas experience in the U.S. and the offshore WA-390-P permit off Western Australia where it has made a number of gas discoveries, is paying Falcon US$17.5 million for a 62.5% stake in the acreage and will also pay the cost of a US$40 million seismic acquisition program.

      It can then elect to continue to the next phase of the work program that includes drilling five wells to explore and appraise the agreement area.

      Hess is arguably the largest player to commit to exploration in the onshore Northern Territory and its presence could draw the attention of other major independents and supermajors into the area.

      However, it is far from the only North American player in the area.

      Canada's PetroFrontier (CVE: PFC) holds a massive 55,000 square kilometre acreage position in the southern Georgina Basin, including permits EP 127 and EP 128 that Baraka is participating in.

      It started its exploration program in August 2011 with the drilling of 1 horizontal well and the start of another, though this was suspended due to the wet season in the Territory.

      This second well is expected to be completed in the dry season of this year while a third well will be spudded in the current quarter.

      The 3 wells will then be fracced and tested for economic flow rates from the Arthur Creek “Hot Shale” zone.

      PetroFrontier is also expanding its acreage in the Basin, acquiring 2 exploration permit applications that are subject to negotiation of surface access agreements with the Aboriginal stakeholders.

      Fellow Canadian Rodinia Oil (CVE:ROZ) has the right to earn up to 60% in about 22,260 square kilometres of Georgina Basin acreage.
      http://www.proactiveinvestors.com.au/companies/news/27619/no…
      THX Lakeside_Park






      Armour Energy cashed up after closing A$75 million IPO, ready to hit exploration ground running

      Monday, April 23, 2012 by Bevis Yeo



      Armour Energy (ASX: AJQ) has closed one of the largest petroleum initial public offerings in recent years, securing the full A$75 million that it was seeking for its initial shale gas exploration in the McArthur Basin.

      Armour has been admitted to the ASX and will hit the boards at 11:00am EST On Thursday 26th April. The company has received strong support from institutional investors with JP Morgan, HSBC, UBS Wealth Management and Merrill Lynch amongst them.

      Major American hedge fund manager Och-Ziff Capital Management Group, which had provided A$4 million in seed capital and committed to subscribing for A$7.5 million of Armour's shares in the IPO, also holds a substantial 6.28% stake in the company while former parent company DGR Global (ASX: DGR) still retains a 25.02% interest.

      Shale gas exploration in the McArthur Basin is set to boom following Armour Energy's successful A$75 million IPO. Armour has been admitted to the ASX and will hit the boards at 11:00am EST On Thursday 26th April.

      Together the top 20 shareholders own 60.13% of the company's issued capital while shareholders with more than 100,000 shares account for 86.46%.

      Work program

      Armour is jumping straight into its stated aim of proving the potential for large scale gas and associated liquids resources in its extensive 126,000 square kilometre portfolio in the McArthur, South Nicholson and Georgina Basins of the Northern Territory and Queensland.

      The company has already secured a rig to drill up to 9 vertical wells and 3 lateral wells in EP 171 and EP 176 in the McArthur Basin during the next 2 years with the first well expected to spud on 1 May 2012.

      This initial work also includes the completion of 2 multi stage fracture stimulation programs.

      Separately, Amour is funding the drilling of 2 exploration wells to a total of A$4.25 million by the end of 2012 in PEP 166, Gippsland Basin and the option to spend a further A$4.75 million to drill and frac a third well to earn a 51% interest in the permit under a farm-in deal with Lakes Oil.

      Drilling of the first well, Moreys-1, is already underway. This targets a tilted fault block that straddles the border between Lakes' PEP 169 and Somerton Energy's PEP 168 along a known west northwest trending hydrocarbon fairway.

      The primary objectives are the Late Cretaceous Waarre C sands with secondary targets in the overlying Flaxman formation and underlying Eumeralla Formation.

      Shale permits

      The McArthur, South Nicholson and Georgina Basins are known to host oil and gas shows including a significant free flow of gas from a historic mineral hole. They also demonstrate characteristics analogous to U.S. shale gas basins, which have been responsible for the gas glut in the world’s second largest energy consumer.

      MBA Petroleum Consultants has assessed the area to contain a combined mean prospective resource of 18.8 trillion cubic feet (Tcf) of gas and 2 billion barrels of associated liquids within the unconventional and conventional plays across both EP 171 and EP 176 in the McArthur Basin, Northern Territory.

      Commercialisation of any finds is likely to be rapid as the permits are located close to the Carpentaria Highway as well as the pipeline running along the McArthur River to Darwin.

      MBA has also assessed a mean prospective resource estimate of 22.5Tcf of gas and 242 million barrels of associated liquids within the unconventional plays in ATP 1087, Queensland.

      Management

      Pushing the new listing along is a strong board and management team.

      The company's board consists of 4 former Arrow Energy directors, Bill Stubbs, Stephen Bizzell, Jeremy Barlow and Armour executive chairman Nicholas Mather along with former Eastern Star Gas chief commercial officer Roland Sleeman.

      Chief executive officer Philip McNamara also has an impressive track record, having been involved in the successful development of large coal projects, including most recently as managing director of Waratah Coal, where he was instrumental in securing A$5.5 billion of financing for the proposed development of the Galilee Basin coal projects.

      Shares in Armour Energy are expected to list on the ASX on 26 April.



      Proactive Investors is a market leader in the investment news space, providing ASX “Small and Mid-cap” company news, research reports, StockTube videos and One2One Investor Forums.



      http://www.proactiveinvestors.com.au/companies/news/27943/ar…
      Avatar
      schrieb am 11.08.12 17:33:44
      Beitrag Nr. 24 ()
      Zitat von auriga: Sweet spots in unconventional basin-centered gas accumulations

      by Ben Law
      May 13th 2012





      In recent years the term sweet spot is casually mentioned in the industry as though everyone knows what that term means. However, the term is often not used correctly when discussing sweet spots in unconventional hydrocarbon accumulations. In general, sweet spots refer to areas within a hydrocarbon accumulation where production is enhanced as a function of improved reservoir quality such as depositional environments, diagenesis, natural fractures, relatively shallow drilling depths, or any number of other aspects. However, in the unconventional world, sweet spots are poorly understood. And, although all sweet spots, regardless of being conventional or unconventional, have some similar characteristics, there are a few fundamental differences that permit a distinction between a conventional sweet spot and a BCGA sweet spot.

      According to Law and Spencer (2012, AAPG, in press) other than having low or poor reservoir quality compared to a conventional sweet spot, BCGA sweet spots are in physical contact with and floored by regionally pervasive BCGAs and will likely have faults and /or fractures that have breached the BCGA, providing conduits for vertical migration of gas to stratigraphically higher reservoirs. Another way of distinguishing between a conventional sweet spot and an unconventional BCGA sweet spot is recognizing that BCGA sweet spots cannot be physically separated from the regionally pervasive BCGA; BCGA sweet spots are inseparable and contiguous with the regional BCGA. Examples of BCGA sweet spots in the United States include the Pinedale and Jonah fields in the Green River Basin of Wyoming. Both of these fields are large and appear to have many characteristics typical of a pure conventional structural accumulation, such as a mappable anticline over the Pinedale field. The Jonah field is not an anticline. However, they exhibit very low reservoir quality (Pinedale and Jonah fields rank within the 10 largest gas fields in the United States) and are contiguous with the underlying, regionally pervasive BCGA; they are inseparable from the regionally pervasive BCGA in the Green River Basin.

      http://www.paltar.com.au/blog/index.php/2012/05/sweet-spots-…


      Folgepost

      What are the largest unconventional oil and gas accumulations in the world?

      One would think the question “What are the largest unconventional oil and gas accumulations in the world” would be relatively easy to answer. However, the question is not so easy to answer because the answer is a moving target. Activity in this arena is moving fast and so, I can only respond to that query by referring to recent statistics. Tomorrow’s large fields may dwarf today’s fields. According to a 2009 report by the U.S. Energy Information Agency the ten largest gas fields in the U.S. were as follows:

      Field Reservoir Conventional (C)/Unconventional (U)

      1 Newark East Barnett Shale (Sh) (U)
      2 San Juan Cretaceous undivided (SS) (C & U) includes Coalbed Gas
      3 Pinedale Cretaceous undivided (SS) (U)
      4 Haynesville Shale Permian (Sh) (U)
      5 Fayetteville Mississippian (Sh) (U)
      6 Eagle Ford Cretaceous (Sh) (U)
      7 Jonah Cretaceous undivided (SS) (U)
      8 Natural Buttes Cretaceous undivided (SS) (U)
      9 Hugoton Permian undivided (LS) (C) includes helium 10 Wattenberg Cretaceous undivided (SS) (U)

      The largest oil fields in the U.S. and world, are dominated by conventional accumulations. However, in the U.S., oil production from the Bakken and Eagle Ford Shales are rapidly growing and will likely become significantly large fields in the near future. Production from the Cretaceous age Niobrara Formation in eastern Colorado and Wyoming is also rapidly growing and will probably be one of the major producing stratigraphic units of oil and gas in the next few years.

      Having had the opportunity to be involved in unconventional exploration in the United States and Australia, I am confident that with the current level of exploration activity, it is only a matter of a few years that Australia too will experience a significant growth of production from unconventional oil and gas accumulations.

      Folgepost

      UNCONVENTIONAL VS. CONVENTIONAL EXPLORATION STRATEGIES

      Exploration efforts for unconventional energy resources are considerably less complex than for conventional energy resources. How do I justify making a statement like that? Well, first let me explain in a somewhat general way, what exploration strategy for conventional energy resources involves. Then, having gone over that explanation, I will try to justify my initial assertion that there is less complexity involved in the exploration for unconventional energy resources than for conventional resources.

      As an explorationist for conventional and unconventional hydrocarbon accumulations I need to know as much as possible about the petroleum system. A petroleum system, as defined by Magoon and Dow (1994) includes all the essential elements and processes needed for an oil and gas accumulation to exist. The essential elements include the source rock, reservoir rock, trap, and seal rock. For the source rock, the following information is needed or desirable: 1) specific identification of the source rock; 2) organic carbon content (TOC); 3) composition of organic matter; 4) oil- or gas-prone; 5) thermal maturity; 6) thickness; 7) stratigraphic position relative to the reservoir; 8) age; 9) geographic distribution of the source rock; and 10) regional changes in composition (facies changes) of the source rock. As far as the reservoir rock is concerned, I need to know the following: 1) composition; 2) porosity and permeability; 3) thickness; 4) stratigraphic location of the reservoir relative to the source rock; 5) geographic distribution; and 6) regional changes of composition (facies changes) and quality that may occur within the area of distribution. As far as the trap is concerned, I need to know: 1) structural configuration; 2) stratigraphic changes that may be present; and 3) combination trap. And finally, a seal needs to be present such as a very impermeable lithology such as shale or salt.

      In addition to these factors, it is essential to know something about the temporal relationships between the petroleum system components. For example, I need to know when hydrocarbons were generated and when there was a suitable trap in existence when the generated hydrocarbons were expelled from the source rock. If there was no trap in existence when hydrocarbons were expelled from the source rock, the hydrocarbons may have simply been lost to the atmosphere.

      The foregoing list of elements and processes are mainly concerned with conventional accumulations. To a lesser degree some of those essential elements are not essential for the successful exploration of unconventional resources. For instance, unconventional accumulations do not require the existence of structural or stratigraphic traps or require effective seals such as shale or salt and they do not require good quality reservoirs. Therefore, exploration for unconventional accumulations is not as complex and is considerably less complex than for conventional accumulations.

      beide ebenfalls von Ben Law

      auf dieser Seite sind die drei posts nochmal etwas anders dargestellt als auf der website von Paltar(sowie im Datum etwas früher)(ganz gut lesbar)

      http://marcbruner.tumblr.com/#default
      Avatar
      schrieb am 23.11.12 00:14:05
      Beitrag Nr. 25 ()
      Zitat von auriga: 31 October 2012

      PALTAR PETROLEUM TO COMMENCE BEETALOO BASIN CORE DRILLING PROGRAMME



      Paltar Petroleum (‘Paltar’) today announced plans to undertake a strategic core drilling programme on two of its exploration licence areas in the Beetaloo Basin, Northern Territory. The Company is currently finalising all necessary permits to undertake the drilling programme.

      The results of Paltar’s drilling programme are expected to underpin an equity raising and IPO for the company in 2013.

      The coring programme is expected to commence in early 2013 and will involve up to 12 holes being drilled across EP 143 and EP 136. Two rigs will be utilised to carry out the programme, with each well to take up to 45 days to core.

      Paltar has done extensive reprocessing of all seismic data on EP 143 and EP 136. Analysis of log data from historic wells in the Beetaloo by Paltar’s Chief Geologist, Dr Ben Law, identified various Roper Group formations, which are geologically significant because all oil and gas shows from historical wells in the Beetaloo Basin have occurred within this Group. This analysis forms the basis for the coring programme which will target the shallow oil window that Paltar considers to be present at depths of less than 1500 metres.

      Anticlinal traps, which have also been identified on 136 and 143, will be targeted in the coring programme. Each well will be continuously cored to a depth of 1500m in order to penetrate the target objectives in the Roper Group formation, including both conventional and unconventional oil formations.

      EP 136 NT
      EP 136 appears to have large potential for the existence of conventional and unconventional trapped oil and gas. All of the Roper Group formations as well as the older and deeper Nathan and McCarthur Group formations are present. The northern portion of EP 136 lies close to the Arnold Arch, a prominent structure that has been present since early in the depositional history of the Beetaloo Basin. The Arch has a high probability of having received very large volumes of hydrocarbons to charge reservoirs that are present, including the Bessie Creek Sandstone, the Moroak Sandstone, and the Jamison Sandstone. Additional reservoirs in the Hayfield Mudstone may also be present.

      Oil and gas shows in the Antrim Volcanics, Jamison, Moroak, and Bessie Creek SS provide evidence for conventionally trapped gas and oil in non-shale rocks and oil and gas shows in the Kyalla and Valkerri shales are indicative of unconventional accumulations.

      EP 143 NT
      The seismic interpretation indicates the occurrence of five structurally compartmentalised zones with at least two anticlinal features identified. Along the eastern edge of the permit all Roper Nathan and McCarthur groups are present. Structural zone one at the eastern edge contains a prominent high magnitude anticline. On the west side of the permit there is a very large anticline present with the Moroak and Bessie Creek Sandstones present, at depths of less than 1500 metres. The seismic advocates a western verging thrust zone, with multiple structures that are prospective traps for both conventional oil and gas.

      Exploration Permits 136 and 143 are adjacent to where Hess Corporation is completing a major seismic programme.

      The Beetaloo Basin continues to attract interest from oil and gas majors, with both Hess Corporation and Falcon Oil & Gas actively involved in exploration and drilling in the area.

      -ENDS-

      ABOUT PALTAR PETROLEUM

      Paltar is focused on the exploration for conventional and unconventional oil and gas in Australia. Paltar has interests in 26 million acres in 8 Australian prospective oil and gas basins across the Northern Territory and Western Australia.

      Northern Territory

      Paltar has interests in 2 million acres comprising EP 136, EP 143 and EPA 197 in the Beetaloo Basin, Northern Territory. In the Western Region three exploration permits EP 231, 234, 237 have been granted, with an additional six permits held under application. Paltar also holds exploration permit applications for 21 EPA’s, covering 19 million acres across 6 onshore and offshore basins.

      Western Australia

      Paltar acquired EP 468, covering 5 million acres in the Officer Basin, Western Australia, in 30 September 2011.

      http://www.paltar.com.au/Paltar%20Petroleum%20to%20commence%…
      Avatar
      schrieb am 01.04.13 22:19:35
      Beitrag Nr. 26 ()
      Northern Territory Government

      DEPARTMENT OF MINES AND ENERGY

      ENERGY TITLES INFORMATION SUMMARY
      http://www.nt.gov.au/d/Minerals_Energy/Content/File/pdf/Onsh…
      Avatar
      schrieb am 22.05.13 19:46:13
      Beitrag Nr. 27 ()

      Exploration & Production Adventures with Tony Morley – Drilling in the Australian Outback

      The Cooper Basin is a desert like no other; it’s not the hottest or the driest. What it is, however, is truly enormous—on a scale that’s nearly unimaginable. Flying over the vast Australian outback en route to the rig and looking down at the seemingly limitless dunes, I find my mind singling out a small landmark on the ground, and asking myself, “If my truck broke down there, how long would it take someone to find me?” I don’t even see another road after 35 minutes of flight time.

      I’ve always jokingly referred to exploration camps out here as “the prison without walls.” It doesn’t matter in what direction you leave camp; if you tried to walk, you wouldn’t make it a day before collapsing under the relentless sun.

      The blowing bull dust creeps into everything on the rig, penetrating every door seal and filling every room with a centimeter of powdered sand after every rig movement or windstorm.

      As we leave camp en route for the new drilling location, another road train darts past our land cruiser, and we’re left in a storm of orange sand and dust. In my head, I’m thinking that this is exactly the kind of situation that creates serious danger.

      The Toyota slows to a crawl as the dust settles, and the headlights of a four-wheeldrive vehicle come into view just ahead of our position. I’m glad we slowed down; however, the feeling is short-lived as we notice the lights are not moving, and they are upside down and slightly off the track.

      I jump out and run to the car; the roof is crushed in, and I can see that the driver in the front is struggling to free himself from his seatbelt. He’s cut up from the shattered glass, and understandably disgruntled with the situation. I call out, “Hey, mate, you OK?” The answer comes back, “Ya, I’m OK, but I don’t think I’m going to have much luck getting out on my own.”

      The roof has been crushed too tightly to pull him from the window. I can hardly believe he’s not dead, and he’s hardly even scratched up. The crew calls for roadside assistance, which arrives and hooks onto the side of the damaged Toyota. With a light motion, the four-wheel-drive vehicle is pulled onto its side, and a door is forced open, allowing the confined passenger to escape. Driving in the outback has always been notoriously dangerous, and it’s likely to continue being dangerous as long as there is plenty of sand, dust, and dunes.

      If there is one characteristic that marks the oil and gas industry of the Australian outback, it’s a can-do attitude and the ability to make something out of nothing or make repairs out of scraps.

      Drilling in the desert is very much like drilling in the Arctic—supplies are always short and a vast distance away. It’s not uncommon to run low on fuel or food and hear, “We’re down to the last inch in the tank, mate, sure hope the water truck gets here soon.”

      With crews working under the FIFO rule in the desert, communications back home are one of the most important aspects of a working life in the Basin. Companies around the continent are finding that crew members are valuing solid phones and Internet connections over higher wages, better food, or more luxurious accommodations.

      In a country known for being arid and dry, you would be surprised to notice the flood levy on your paycheck and hear the common outburst, “A flood levy, they’re joking, right?” But when it rains, the entire desert turns into one gigantic swamp of orange mud. Moving equipment is impossible; if you try, it will inevitably result in digging the four-wheel-drive vehicle in up to its axels.

      When the rain comes to the desert, it comes in one massive deluge, crews are flown out by helicopter and equipment might be left sitting in three meters of water for weeks, months, or even years.

      The rig I’m visiting now has spent two years underwater, and another year being retrofitted and repaired after it’s time spent submersed. We arrive in camp, and I get my first look at the new lease and the prehistoric American drilling rig system up the mast.

      As the derrick climbs into the air and we unpack from the last move, I’m looking forward to dusting off the equipment, booting up the satellite system, and getting the well spudded.

      Regardless of the terrain, the challenges and the obstacles—it’s always an adventure out here. The name of the game is “the unknown,” and as one of the many pioneering spirits here, it’s a game we are all willing to play! Stay tuned for the next issue of The OGM, as our adventures take us to a new destination deep into the mountain highlands of Papua New Guinea (PNG), where we will be drilling among the clouds.

      http://www.theogm.com/2012/11/23/exploration-production-adve…
      Avatar
      schrieb am 26.05.13 15:46:18
      Beitrag Nr. 28 ()


      Cut out of seismic section

      The cut out of seismic section demonstrates multiple thrust sheets. Paltar believes that this is an over thrust belt that contains the possibility of giant conventional as well as unconventional targets.
      Avatar
      schrieb am 05.06.13 19:28:22
      Beitrag Nr. 29 ()
      Boom: Der Fracking-Boom hat den Gaspreis in den USA gedrückt. Die europäische Industrie zahlt derzeit mehr als doppelt so viel für Gas wie die amerikanische Konkurrenz. Das macht die US-Unternehmen gegenüber Europa und Asien wettbewerbsfähiger. Gleichzeitig sinken die Energieimporte der Vereinigten Staaten, was das Außenhandelsdefizit senkt. Das vermindert die globale Nachfrage nach Energieträgern, was das Preisniveau langfristig drücken dürfte.

      Energiepreise
      Kampf ums Gas
      Von Stephan Kaufmann und Peter Riesbeck

      Rohre für Erdgas-Leitungen: Die USA setzen auf die umstrittene Methode, Gas aus tiefen Schiefer-Gesteinsschichten zu lösen.
      Foto: Imago


      BRÜSSEL/BERLIN –Die EU will Energie für Unternehmen billiger machen – und schielt dabei auf das Beispiel USA. Sie fürchten, dass immer mehr Konzerne nach Amerika abwandern, der günstigen Energiepreise wegen.


      Europa sorgt sich ums Öl. Und ausnahmsweise mal nicht um das offene Olivenöl, das die EU-Kommission gerne von Europas Bistrotischen verbannen würde. Die Staats- und Regierungschefs der EU diskutieren am Mittwoch auf ihrem Gipfel in Brüssel über die künftige Energiepolitik. Das ist ein gutes Zeichen. Nach fünf Jahren und 31 Gipfeln Euro-Krisen-Bewältigung schaltet Europa in den Normalmodus.

      Die Energie wurde schon früh ins Zentrum der Beratungen gerückt. Schließlich geht es hier um „die Grundlagen der Wettbewerbsfähigkeit“, wie es ein EU-Diplomat am Dienstag erklärte.

      US-Firmen sparen Milliarden

      In ihrem Streben nach globaler Wettbewerbsfähigkeit haben die EU-Staaten in den vergangenen Jahren das Lohnniveau gedrückt. Nun nehmen sie den nächsten Kostenblock ins Visier, um die Unternehmen zu entlasten: Öl und Gas. Alarmiert sind die EU-Politiker durch die Entwicklungen in den USA. Dort hat die boomende Förderung von Schiefergas und -öl die Energiepreise gedrückt. Dadurch gewinnt die amerikanische Industrie einen Vorsprung. „Die Europäer sollten diese Bedrohung ihrer Industrie ernst nehmen“, mahnt Patrick Artus, Ökonom der französischen Bank Natixis.

      Rund ein Drittel des in den USA verbrauchten Gases wird derzeit durch sogenanntes Fracking gewonnen. Dabei wird Gas aus Schiefergestein tief unter der Erde gelöst. Die Technologie ist unter anderem deshalb umstritten, weil dabei Chemikalien eingesetzt werden, die auch das Trinkwasser verunreinigen könnten. In 30 Jahren soll nach US-Planungen der Anteil des Fracking-Gases auf rund die Hälfte allen geförderten Gases steigen.

      Das Fracking macht Energie für Amerika kostengünstig. Die Differenz zu Europa ist beachtlich: Eine Million British Thermal Units (BTU) Gas kosten in den Vereinigten Staaten derzeit etwa vier Dollar, in Europa zehn Dollar. Bei einer Differenz von sechs Dollar sparen Amerikas Unternehmen mehr als 100 Milliarden Dollar jedes Jahr, errechnet Natixis-Ökonom Artus.

      Das macht die USA zu einem attraktiven Standort für energieintensive Branchen, von der Chemie bis zur Metallverarbeitung. Auch der deutsche Chemiekonzern BASF hatte sich zuletzt beim Bau einer neuen Anlage für den Standort Amerika entschieden. Der günstigen Energiepreise wegen.

      Nun stehen die Europäer unter Druck. Um den Kostennachteil auszugleichen, müssten die Löhne in der europäischen Industrie gegenüber der US-Konkurrenz um 15 Prozent sinken, so Artus. Da das Lohnniveau in den Vereinigten Staaten allerdings ohnehin niedriger ist als in Europa, summiere sich der Kostennachteil für die europäischen Konzerne auf 20 Prozent. „Es ist von daher nicht überraschend, dass die USA eine Reindustrialisierung erleben und weltweit Marktanteile zurückgewinnen, vor allem auf Kosten der Europäer“, erklärt der Ökonom.

      Energie-Revolution fällt erst mal aus

      Was die Förderung von Schiefergas und -öl für Amerika zusätzlich attraktiv macht: Es ersetzt teure Energie-Importe. Im Jahr 2005 deckten die USA noch 60 Prozent ihres Bedarfs an flüssigen Brennstoffen durch Einfuhren. Seitdem ist der Importanteil auf etwa 40 Prozent gefallen und dürfte sich in den nächsten Jahren weiter verringern, prophezeit Bernd Weidensteiner, Ökonom bei der Commerzbank.

      In Europa dagegen ist Fracking wegen seiner ökologischen Risiken umstritten, in vielen Ländern ist es verboten. Doch wegen der Kostenvorteile kämpft der deutsche EU-Energiekommissar Günther Oettinger weiter für die Technologie. So ermahnte der CDU-Politiker Deutschland, auch die Potenziale der Fracking-Technik zu beachten. „Wir müssen bereit sein, gewisse Risiken einzugehen, wenn wir wettbewerbsfähig bleiben sollen“, sagte er.

      Doch Europas Energie-Revolution fällt vorerst aus. Das Wort Schiefergas findet sich nicht in einem ersten Entwurf zur Gipfelerklärung. „Das geht über Grundsatzdebatten nicht hinaus“, sagte ein EU-Diplomat.

      Vor allem in Osteuropa ist die Begeisterung für das Schiefergas groß. In Litauen, Polen und Ungarn verspricht man auch eine geringere Abhängigkeit vom russischen Staatskonzern Gazprom. Doch gibt es auch Rückschläge. Die Energiekonzerne Exxon und Marathon brachen Erkundungen in Polen ab. Der billige Rohstoff befinde sich in zu großer Tiefe. Nichts also war es mit der „Flamme der Hoffnung“ wie die erste Schiefergas-Anlage in Polen noch feierlich getauft wurde. Bis Jahresende will die EU Möglichkeiten der Förderung per Fracking untersuchen, hieß es.

      Die Wende bleibt aus

      Auf dem Gipfel am Mittwoch werden daher vor allem technische Details behandelt, vor allem unter dem Stichwort der Wettbewerbsfähigkeit der europäischen Industrie. So gehe es um den Vollendung des Energie-Binnenmarktes bis 2014, erläuterten Diplomaten. Sprich mehr Wettbewerb und die Hoffnung darüber die Preise zu senken. Direkte Eingriffe aber soll es nicht geben. Das sei „Sozialpolitik und primär Aufgabe der Mitgliedstaaten“, so ein EU-Diplomat am Mittwoch.

      Beim Ausbau der Energienetze äußerten sich Diplomaten zurückhaltend. Das sei Sache des Marktes und der Firmen. Ein Investitionsprogramm der EU etwa werde es nicht geben. Auch das Thema erneuerbare Energien findet sich nicht in ersten Entwürfen zur Gipfelerklärung. Die Energiewende bleibt also erst mal aus.

      http://www.berliner-zeitung.de/energiewende/energiepreise-ka…
      Avatar
      schrieb am 11.06.13 23:36:42
      Beitrag Nr. 30 ()
      Video Break, wieder para.t;)

      http://youtu.be/bNowU63PF5E
      Video break, gehma!

      PS: habe fest gestellt, dass you tube in USA aufrufen oder in UK par example gema troubles behebt..quite funny...should have known anyway:keks:
      Avatar
      schrieb am 15.07.13 21:05:19
      Beitrag Nr. 31 ()
      http://www.nt.gov.au/d/Minerals_Energy/Content/File/pdf/Onsh…

      Permit work commitments 2013—2018 Northern Territory
      Avatar
      schrieb am 01.09.13 13:15:50
      Beitrag Nr. 32 ()
      Kicking up dust on Australia's last frontier

      Date August 17, 2013

      Brian Robins

      There's little above the ground but there might be riches aplenty under it.

      Tanami Road. Photo: Simon Tsang







      The Northern Territory is the last frontier for oil and gas explorers, with virtually no population, markets or infrastructure. Yet a rush over the past few years has seen little-known explorers battle for room.

      First in, best dressed - or, as the bizoids put it, early mover advantage - has been the driver, and it is a concept with which corporate adviser and company director Pat Elliott is very familiar.

      He helped shareholders make millions from Eastern Star Gas, nursing it from unlisted hopeful over a decade ago to where it was eventually sold to Santos for $1 billion.

      Now Elliott, as well as a cast that could readily find a home in an episode of Dallas, is working at this latest frontier in areas as inhospitable as the Tanami and Great Sandy deserts.

      There's Richard Cottee, who made himself and his shareholders millions out of the $5 billion sale of Queensland Gas to British Gas a couple of years ago, the kernel asset in the British group's $20 billion gas export project which will soon be shipping gas.

      He's now with Central Petroleum which has completed two landmark deals - one with Santos, which is looking for more gas for its Gladstone gas export project, and another with Total, which is to soon begin exporting gas from Darwin.

      Also with a toe in the sand is one of the country's richest businessmen, Paul Fudge, via his Pangaea Resources, who recently picked up 10 per cent of AJ Lucas. This brings access to shale gas resources in Europe, Britain and Poland in particular.

      And the line-up is even more colourful with Marc Bruner, who is from Texas and now lives in Switzerland. He reckons space he holds in the Beetaloo Basin in the territory's north-east is ''bigger than the Gippsland Basin and Gorgon combined'', as he told one investment seminar. Perhaps, but problems he's had funding his ambitions through his latest vehicle, Paltar Petroleum, have taken the shine off his optimism.

      Bruner claims to have long experience in the oil and gas business in the US, especially the unconventional areas.

      But the Texan's hype paled some time ago for Stephen Wee of Sinovus Mining. He stumped up $1 million for about 10 per cent of Paltar a few years back, thinking it a pretty good deal for his investors since he had his foot on more of the equity if Paltar had gone public by mid-2013.

      ''I'm very disappointed,'' a guarded Wee says. He hasn't heard from Bruner all year.

      Recently revived talk of a fund-raising by Paltar via Morgan Stanley has so far turned to nought.

      A recent investor presentation by Paltar claims the ''Beetaloo basin Proterozoic shales are ideal for commerciality'', pointing out it will cost about $11.80 a barrel to transport any liquids to Darwin.


      And tough markets have also weighed on Elliott's optimism for Tamboran Resources, forcing him to shelve a planned $150 million raising - although this could get away later next year. It is now working to boost the value of its assets before going public.

      He recently sold a 14 per cent slice of Tamboran to Santos. Along with tenements in NT, it also holds acreage in Ireland and Poland.

      Its deal with Santos covers acreage in the Beetaloo, about 500 kilometres south-east of Darwin, which is virtually unexplored. Pacific Oil & Gas drilled 11 wells between 1989 and 1998, all of which showed the presence of oil and gas. Similarly with drilling in the early 1980s by Moonie Oil in the Ngalia Basin, which lies in the Great Sandy Desert on acreage now held by Tamboran.

      Mid-year, US independent Hess Corporation exited after spending $US80 million, which would have given it a 62.5 per cent equity in Beetaloo Basin acreage held by Falcon, a British-listed explorer which has Bruner as a shareholder.

      Depending on who you talk to, Hess walked away due either to poor exploration results, or for internal corporate reasons. Luckily for management, but not shareholders, Falcon had raised £17 million ($29 million) for a Britain and Ireland listing just before Hess quit. In its prospectus, Falcon claimed reserves of 162 trillion cubic feet of gas and 21,345 million barrels of oil on its acreage, but the status of its plays are up in the air.

      Along with Santos moving in, bulls on the region's prospects point to Norway's Statoil as indicative of the region's prospects. Statoil has moved into the Territory for the first time after looking at several hundred basins globally. It is working on acreage held along the Queensland border by Canadian outfit PetroFrontier.

      Armour Energy which has a sharemarket worth of just $70 million, may be the most advanced of the hopefuls in the Territory and could be producing some gas over the next few years. But apart from sales prospects in Darwin and Gove it is a very long way to east coast markets, which may limit commercial prospects.

      Still, if early success is measured by acreage then one of the biggest stake grubbers in Australia is the privately owned Australian Oil and Gas. It has close to 300,000 square kilometres - nearly a fifth of the Territory.

      The company's controlling shareholder, Jerry Ren, says he will go public ''in either Singapore or Canada'' by raising a ''couple of hundred'' million dollars while touting recent talks with UBS and Credit Suisse on the matter.

      Its main deal so far is in the Wiso Basin, along the WA border, where he has done a farm-in deal with Blue Energy over 111,887 square kilometres.

      Ren reckons that as a sedimentary basin, the chances the Wiso hosts extensive conventional oil and gas, rather than shale oil or gas, are high. ''That is my belief,'' he said.

      Australian Oil and Gas's Rod Illingworth recently told the Northern Territory News, ''Once you get energy, you get industry. There will be a hydrocarbon superhighway straight out to Asia'', even though the company has yet to find anything. Illingworth holds a quarter of AOG's capital.

      The lack of exploration in the Tanami hasn't dimmed the interest of former Santos boss John Ellice-Flint who chairs Blue Energy, a $100 million hopeful working with AOG. ''It's got the ingredients to make a hydrocarbon province,'' he says.

      http://www.theage.com.au/business/kicking-up-dust-on-austral…
      Avatar
      schrieb am 01.09.13 19:45:21
      Beitrag Nr. 33 ()
      'We need sea and land rights in Arnhem land'

      http://youtu.be/fZtHq4dKAKw
      Avatar
      schrieb am 09.09.13 18:53:38
      Beitrag Nr. 34 ()
      Ich denke mal Bruner hat die website gewechselt.

      paltarpetroleum.com
      The website paltarpetroleum.com was created the 2013-06-14.

      We hope to see you again! Check back later for new updates to our website. There's much more to come!
      http://www.paltarpetroleum.com/
      Avatar
      schrieb am 09.09.13 19:21:29
      Beitrag Nr. 35 ()
      General domain information of paltarpetroleum.com



      This domain paltarpetroleum.com has been created / registered the 2013-06-14. It is registered to TUCOWS DOMAINS INC. and was register for the first time the 13-jun-2013 , and the domain name expires the 13-jun-2013 .

      http://wschange.com/new/2013/06/14/paltarpetroleum.com
      Avatar
      schrieb am 09.09.13 19:38:47
      Beitrag Nr. 36 ()
      Paltar Geologic Focus:
      .>Targeting Proterozoic aged, unconventional petroleum
      >These liquid-prone petroleum systems identified in the Beetaloo Basin, NT; Western Region, NT; Coastal Region, NT; and Officer Basin, WA..

      Paltar Exploration Model:
      >Strategy involves identification of organic-rich source rocks
      >Unconventional hydrocarbon accumulations in these types of basins, when combined with new drilling and completion technologies, has proved very successful in North America
      >Paltar has engaged US-based horizontal drilling specialist to progress exploration program

      http://www.paltarpetroleum.com/About-Us.html
      Avatar
      schrieb am 10.09.13 00:27:09
      Beitrag Nr. 37 ()
      >Paltar has engaged US-based horizontal drilling specialist to progress exploration program

      Da die neue website von Paltar Petroleum gültig ist ab 14 Juni 2013 lässt sich daraus ableiten dass das engagement von >US-based horizontal drilling specialist to progress exploration aktuell und gültig ist.
      Avatar
      schrieb am 16.09.13 22:41:20
      Beitrag Nr. 38 ()
      Australian Unconventional Oil and Gas

      Time to ride the wave
      September 2013



      RFC Ambrian
      http://www.armourenergy.com.au/assets/downloads/investment_r…
      Avatar
      schrieb am 17.09.13 13:15:50
      Beitrag Nr. 39 ()
      Time to ride the wave

      We believe that the US shale gas revolution is about to hit Australia’s shores. In this report we initiate on eight stocks that we believe are well placed to ride this approaching wave. The eight stocks covered in this report are either leading Australia’s shale/tight gas appraisal projects or have share prices that have significant leverage to shale/tight gas success. We also find that our BUY/SPECULATIVE BUY recommendations on six of these companies can be attributed to two other main themes:

      Beach Energy and Drillsearch Energy — An underappreciation of the value of current Cooper Basin conventional gas reserves and resources. Historically, East Coast gas has been sold for prices well below A$5/GJ. We forecast that East Coast gas prices will rise to LNG net-back levels of ~A$8/GJ as the three Gladstone LNG projects come on-stream over the next couple of years. Current Cooper Basin conventional gas is at the high end of the East Coast’s gas supply curve, making its value very sensitive to gas prices. We believe that the prices of both Beach and Drillsearch are yet to reflect this uplift.

      Armour Energy, Buru Energy, Strike Energy and New Standard Energy — A large valuation discount for pure exploration companies. Over the last two years the share prices of all petroleum exploration companies that we cover have seen widening discounts to their bottom-up risked net asset value. This is because equity markets have shunned risk, particularly funding risk. We believe markets and risk aversion are cyclical and that this funding risk discount is likely to diminish on a 1-2 year timescale.

      We believe that Australia’s shale/tight gas production should take off over the next few years. We
      outline the reasons for this below.

      Serious money is being invested in shale/tight gas resource appraisal in Australia’s onshore basins. A couple of hundred million dollars has already been spent and several hundred more are planned.

      Major oil companies are starting to invest. Witness the Cooper and Canning basin farm-ins by Chevron, QGC (BG), ConocoPhillips and Mitsubishi over the last few years.

      Australia’s gas prices are at, or will approach over the next few years, LNG net-back levels, which should kick start shale/tight gasprojects.

      Each of Australia’s three gas markets has LNG plants with spare plots for future LNG trains that could use substantial (multi-Tcf) shale/tight gas reserves should they become available.
      Avatar
      schrieb am 21.09.13 13:03:47
      Beitrag Nr. 40 ()
      Australia’s shale gas prize is huge

      The potential size of Australia’s shale gas resources is truly enormous, albeit highly uncertain. A 2013 US Energy Information Administration (EIA) sponsored report of world shale oil/gas assessed that the risked, technically recoverable shale resources from just six of Australia’s basins are 437Tcf of gas and 17.5Bbbl of oil. AWT International recently estimated that the best estimate recoverable prospective gas resources from 16 basins are ~1,400Tcf of gas. To put this into perspective, proved conventional gas reserves were 132.8Tcf of gas at the end of 2012 according to BP’s statistical review.
      Avatar
      schrieb am 21.09.13 13:21:47
      Beitrag Nr. 41 ()
      Factors that allowed the US shale gas industry to thrive… … are mostly present in Australia

      US shale gas production averaged 28.6Bcfpd in 2012, up from just 1.23Bcfpd a decade before. In 2012 shale gas accounted for around 40% of US gas consumption. However, the success of the US shale industry has not been repeated outside North America. We took a long hard look at the development of the US shale gas and tight gas industry (see Appendix 4 for a brief history of this) to identify factors that allowed the industry to thrive. We believe that several factors were important in generating the right conditions to allow US shale gas production to flourish. These were:

      ● suitable shale geology;
      relatively high gas prices to kick start the industry;
      ● a competitive oil and gas services market to help drive down costs;
      ● relatively extensive petroleum infrastructure; and
      ● a favourable regulatory and tax environment.

      We have then assessed how Australia’s nascent shale/tight gas industry stacks up against these factors. Our conclusion is that Australian shale gas production is likely to grow fast over the next few years should the shale geology prove amenable. Gas prices are either at or are heading towards LNG net-back levels, which we believe should be sufficient to kick start the commercial production of shale gas. While Australia’s petroleum services market and infrastructure are not as developed as in the US, the huge scale of the potential shale gas prize should see these obstacles overcome. Some potential shale gas basins do have substantial gas infrastructure. We see the oil and gas industry regulatory and tax environment in Australia as relatively benign.
      Avatar
      schrieb am 21.09.13 14:48:57
      Beitrag Nr. 42 ()
      Current gas infrastructure gives the Cooper Basin an advantage

      While many of Australia’s potential shale gas basins lack significant pipeline and processing infrastructure, this is not true of the Cooper Basin (or the Perth Basin). The Cooper Basin has produced over 6Tcf of gas since 1969 and it already has two large processing plants and trunk pipeline connections to major East Coast demand centres. In our view, this gives shale/tight gas projects in this basin a significant advantage over similar projects in other basins, as it should allow the quick tie-in and commercialisation of small pilot projects. It is no surprise that the majority of shale/tight gas wells to date have been drilled here.
      Avatar
      schrieb am 21.09.13 15:09:50
      Beitrag Nr. 43 ()
      The greatest uncertainty is whether Australian shales can be completed to give commercial well flow rates and EURS..

      In our view, the biggest uncertainty surrounds the nature of Australia’sshale geology in each basin and whether the gas-saturated shales present will allow commercial well flow rates and Estimated Ultimate Recoveries (EURs). The uncertainty is high as the US experience has shown that shale gas well performance is highly variable (even within the same shale gas play sweet spot) and not enough wells have been drilled in potential Australian shale plays to be able to estimate average EURS with any
      certainty. This is starting to change.
      Avatar
      schrieb am 21.09.13 15:30:53
      Beitrag Nr. 44 ()
      The number of Australian shale/tight gas wells flow tested is about to rise dramatically.

      >In the Nappamerri Trough in the Cooper Basin, Beach and joint-venture partner Chevron have drilled 12 vertical unconventional targeted wells and one horizontal well in PEL 218 and ATP 855P, targeting both a shale play and a basin-centred tight gas play.

      They are in the process of hydro-fracturing and flow testing each well to judge how different well designs and completions perform. Five of these wells have been fracture stimulated to date and we know the (promising) results from four of these. Next door in ATP 940P, Drillsearch, and jointventure partner QGC (BG) plan to start a four-well unconventional campaign at the end of this year. Senex and the Santos-operated SACB JV are both proceeding with multi-well unconventional appraisal campaigns. Santos has even tied in its unconventional Moomba-191 well to the nearby gathering pipelines and has been producing (limited quantities of) shale gas since October last year. Senex has flowed gas from a deep coal seam in PEL 90.
      Avatar
      schrieb am 21.09.13 20:44:45
      Beitrag Nr. 45 ()
      Shale/tight gas wells are not confined to the Cooper Basin

      Shale and tight gas wells are not confined to the Cooper Basin. In the South Nicholson Basin, Queensland, Armour has drilled a lateral well in the Lawn Hill shale and plans to perform an eight-stage hydraulic stimulation treatment, followed by a flow test, in the next couple of months. Norwest Energy has already performed a promising multi-stage hydro-fracture and flow test of its Arrowsmith-2 well in the Perth Basin. In the Canning Basin, Buru Energy plans to hydro-fracture and flow test five already-drilled Laurel Formation tight gas wells by the end of 2014.
      Avatar
      schrieb am 21.09.13 21:03:06
      Beitrag Nr. 46 ()
      Our financial forecasts are generally >10% higher than consensus levels

      The share prices of most of the companies covered in this report rallied from 20% to 50% in July this year as equity markets started to reflect the recent (since April) ~10% depreciation of the Australian dollar against the US dollar. Our forecasts for company revenues, cashflow and earnings take account of the current Australian dollar exchange rate and forward FX curve, whereas we believe consensus forecasts have yet to catch up with this event. This leads our forecasts to be generally more than 10% higher than consensus levels.
      Avatar
      schrieb am 21.09.13 22:04:59
      Beitrag Nr. 47 ()
      Multiples reinforce our recommendations based on our fair value estimates

      For the four companies (BPT, SXY, DLS and COE) that currently have significant petroleum production and positive operating profit we have calculated P/E, EV/EBITDAX, Price/book Equity and ROE multiples based on our financial forecasts (see Table 2 below). We believe these multiples reinforce our recommendations based on our fair value estimates.

      Beach and Drillsearch both trade at significant discounts to Senex on 2015F EV/EBITDAX and 2015F P/E multiples; while some of this discount may be justified based on Senex’s likely greater exposure to undiscovered Cooper Basin oil resources, we do not believe it is all justified. We have BUY recommendations on both Beach and Drillsearch and a HOLD recommendation on Senex. Cooper trades in line with Drillsearch and Beach, but we believe that it should trade at a discount given its shorter oil reserve life. We have a HOLD recommendation on Cooper Energy. Essentially we believe that Beach and Drillsearch are underrated because the market is undervaluing their conventional gas reserves and resources.
      Avatar
      schrieb am 22.09.13 14:21:29
      Beitrag Nr. 48 ()
      Avatar
      schrieb am 25.09.13 21:28:06
      Beitrag Nr. 49 ()
      The upsides from current share prices to our fair value estimates are above 35% for five of the companies covered

      Our fair value estimates (and thus our recommendations) depend on a bottom-up risked NAV methodology using consistent inputs. The upsides to our fair value estimates are above 35% for five of the companies covered (Beach, Drillsearch, Armour, Strike and New Standard). We have valued conventional petroleum reserves and resources using consistent US$/boe multiples (ie, all Western Flank 2P oil reserves have been valued at US$34.86/bbl). We have valued unconventional resources using US$/acre multiples that are based on the values implied by recent analogous Australian unconventional farm-outs. See our valuation section on page 25 for a fuller description of our fair value methodology.

      We have grouped the eight companies covered in this report into two subsectors: Producers — Beach, Senex, Drillsearch & Cooper — and Explorers — Armour, Strike, Buru & New Standard (although Buru should join the producers sub-sector next year). We have charted each company’s fair value breakdown as a percentage of its current share price in Figures 2 to 9, which have been grouped together according to sub-sector.

      From our fair value estimates of the Producers, it appears that Beach Energy’s shares have the most upside (+54%), followed by Drillsearch (+35%). We believe both these companies are undervalued because the equity market is placing too little value on their gas reserves and resources. Cooper’s fair value depends critically on our assumption about the likelihood of commercial flow rates from the Hammamet West-3 well (we have assumed the chance of success is 35%). The flow test result of this well should be known in the next few weeks.

      Unconventional acreage value is more important for Explorers. It makes up a much larger proportion of their total fair value. This means that their share prices are much more leveraged to the success, or otherwise, of the unconventional gas/liquids plays they are targeting. Armour and New Standard appear the most undervalued of the Explorers, with our fair value estimates ~2x their current share prices.
      Avatar
      schrieb am 25.09.13 23:43:05
      Beitrag Nr. 50 ()
      Australia’s shale gas resources are large, but their economic development is highly uncertain

      The potential size of Australia’s shale gas resources is truly enormous, if highly uncertain. A 2013 EIA-sponsored report1 of world shale oil/gas assessed that the risked, technically recoverable shale resources from just six of Australia’s basins (Beetaloo, Canning, Cooper, Georgina, Maryborough and Perth) are 437Tcf of gas and 17.5Bbbl of oil. A recent Australian study by AWT International2 estimated that the best estimate recoverable prospective gas resources from 16 basins are ~1,400Tcf of gas.

      By way of comparison, Australia had 2012 demonstrated conventional resources (roughly equivalent to proven + probable) of 173Tcf of gas, according to Geoscience Australia. Proved conventional gas reserves were 132.8Tcf of gas at the end of 2012 according to BP’s statistical review. EnergyQuest estimates that Australian proven plus probable coal seam gas (CSG) reserves were 42,777PJ (~40.3Tcf) in May 2013 (of which proven CSG reserves were ~7.0Tcf). Given the paucity of data for many Australian basins, the uncertainty over the in-place and recoverable shale petroleum resources is large. This can be seen in the different basin resources estimates below.
      Avatar
      schrieb am 09.10.13 20:43:23
      Beitrag Nr. 51 ()
      Ausgesprochen interessante Tabelle Seite 6:

      Table 3: Australian Shale Oil and Gas Prospective Resources by Basin
      http://www.armourenergy.com.au/assets/downloads/investment_r…
      Avatar
      schrieb am 10.10.13 14:55:39
      Beitrag Nr. 52 ()
      ..............
      Avatar
      schrieb am 18.10.13 18:18:10
      Beitrag Nr. 53 ()
      Once again from time to time….we like gema▲…;)…here we go again….:laugh:…see you next time!....http://youtu.be/l0v6mHGI1tU
      Avatar
      schrieb am 03.11.13 10:27:21
      Beitrag Nr. 54 ()
      Avatar
      schrieb am 05.11.13 13:35:26
      Beitrag Nr. 55 ()
      Value of onshore work commitments in the Northern Territories of Australia last updated 17 April 2013.

      http://www.nt.gov.au/d/Minerals_Energy/Content/File/pdf/Onsh…
      Avatar
      schrieb am 14.11.13 11:12:23
      Beitrag Nr. 56 ()
      Item 1.01. Entry into a Material Definitive Agreement.

      On October 15, 2013, the Nation Energy Inc. (“Nation”) entered into a letter agreement (the “Letter Agreement”) with Paltar Petroleum Limited (“Paltar”) whereby Nation proposes to acquire from Paltar Petroleum Limited (“Paltar”), a privately held Australian company, approximately four (4) exploration and development permits and 29 applications for additional exploration and development permits (the “Assets”) in respect of land located in northern Australia. Among other things, the Letter Agreement provides that:

      1.

      prior to closing, Nation will increase its authorized capital from 100,000,000 common shares to 5,000,000,000 common shares;

      2.

      prior to closing, Nation will settle approximately $1,340,000 in currently outstanding debt for common shares at a price of $0.01 per share;

      3.

      at closing, Nation will issue 600,000,000 restricted common shares to Paltar, representing approximately 80% of the issued and outstanding common shares at closing (before adjusting for the issuance of any equity securities for any financing that may be arranged in order to fund operations) – these shares will be subject to resale restrictions imposed by applicable law and a three (3) year lockup agreement;

      4.

      at closing, Nation will assume AUS$2,265,109 of Paltar’s related party debt;

      5.

      on or before October 11, 2013, John Hislop (“Mr. Hislop”), Nation’s sole director and officer, will lend to Paltar $172,040 and, on or before October 31, 2013, Mr. Hislop will lend to Paltar an additional $127,960 (together, the “Bridge Loan”), pursuant to a Loan Agreement between Mr. Hislop and Paltar;

      6.

      if the asset purchase does not close by December 31, 2013, Mr. Hislop may advance, in his sole discretion, a line of credit (the “Line of Credit”) to Paltar for working capital, allowing Paltar to receive advances beginning December 31, 2013 and continuing through March 31, 2014, of up to an aggregate of $400,000;

      7.

      the asset purchase is subject to due diligence (by both parties), board and, if required, shareholder approval and other matters contemplated by the Letter Agreement; and

      8.

      after the closing of the asset purchase, Nation will register for resale approximately 145,000,000 common shares of Nation beneficially owned by Mr. Hislop.

      The Bridge Loan and the Line of Credit are secured by a pledge (the “Pledge”) of 10,000,000 common shares of Paltar owned by Wotan Group Limited, an Australian company. In the event the asset purchase transaction closes, the principal amounts due under the Bridge Loan and the Line of Credit will be replaced by a secured Debenture to be issued by Nation (the “Debenture”), and Mr. Hislop will forgive all interest that has accrued from the date of advance through the closing date. This Debenture will bear interest at the rate of 12% per annum, compounded quarterly, over a three (3) year term, and will be secured by a first priority security interest in all of Nation’s assets. If the Sale Transaction does not close, Paltar will repay the Bridge Loan and the Line of Credit on October 14, 2014 together with interest at 12% per annum calculated monthly from the date of advance. If the Bridge Loan and the Line of Credit are not repaid on October 14, 2014, Mr. Hislop may immediately realize on the security granted pursuant to the Pledge.
      http://www.sec.gov/Archives/edgar/data/1081183/0001081183130…
      Avatar
      schrieb am 18.12.13 01:56:22
      Beitrag Nr. 57 ()
      Zitat von auriga: Item 1.01. Entry into a Material Definitive Agreement.

      On October 15, 2013, the Nation Energy Inc. (“Nation”) entered into a letter agreement (the “Letter Agreement”) with Paltar Petroleum Limited (“Paltar”) whereby Nation proposes to acquire from Paltar Petroleum Limited (“Paltar”), a privately held Australian company, approximately four (4) exploration and development permits and 29 applications for additional exploration and development permits (the “Assets”) in respect of land located in northern Australia. Among other things, the Letter Agreement provides that:

      1.

      prior to closing, Nation will increase its authorized capital from 100,000,000 common shares to 5,000,000,000 common shares;

      2.

      prior to closing, Nation will settle approximately $1,340,000 in currently outstanding debt for common shares at a price of $0.01 per share;

      3.

      at closing, Nation will issue 600,000,000 restricted common shares to Paltar, representing approximately 80% of the issued and outstanding common shares at closing (before adjusting for the issuance of any equity securities for any financing that may be arranged in order to fund operations) – these shares will be subject to resale restrictions imposed by applicable law and a three (3) year lockup agreement;

      4.

      at closing, Nation will assume AUS$2,265,109 of Paltar’s related party debt;

      5.

      on or before October 11, 2013, John Hislop (“Mr. Hislop”), Nation’s sole director and officer, will lend to Paltar $172,040 and, on or before October 31, 2013, Mr. Hislop will lend to Paltar an additional $127,960 (together, the “Bridge Loan”), pursuant to a Loan Agreement between Mr. Hislop and Paltar;

      6.

      if the asset purchase does not close by December 31, 2013, Mr. Hislop may advance, in his sole discretion, a line of credit (the “Line of Credit”) to Paltar for working capital, allowing Paltar to receive advances beginning December 31, 2013 and continuing through March 31, 2014, of up to an aggregate of $400,000;


      7.

      the asset purchase is subject to due diligence (by both parties), board and, if required, shareholder approval and other matters contemplated by the Letter Agreement; and

      8.

      after the closing of the asset purchase, Nation will register for resale approximately 145,000,000 common shares of Nation beneficially owned by Mr. Hislop.

      The Bridge Loan and the Line of Credit are secured by a pledge (the “Pledge”) of 10,000,000 common shares of Paltar owned by Wotan Group Limited, an Australian company. In the event the asset purchase transaction closes, the principal amounts due under the Bridge Loan and the Line of Credit will be replaced by a secured Debenture to be issued by Nation (the “Debenture”), and Mr. Hislop will forgive all interest that has accrued from the date of advance through the closing date. This Debenture will bear interest at the rate of 12% per annum, compounded quarterly, over a three (3) year term, and will be secured by a first priority security interest in all of Nation’s assets. If the Sale Transaction does not close, Paltar will repay the Bridge Loan and the Line of Credit on October 14, 2014 together with interest at 12% per annum calculated monthly from the date of advance. If the Bridge Loan and the Line of Credit are not repaid on October 14, 2014, Mr. Hislop may immediately realize on the security granted pursuant to the Pledge.
      http://www.sec.gov/Archives/edgar/data/1081183/0001081183130…
      Avatar
      schrieb am 19.12.13 13:28:22
      Beitrag Nr. 58 ()
      Avatar
      schrieb am 19.12.13 13:36:04
      Beitrag Nr. 59 ()
      Amendment to OUR Company’s Articles

      Our Articles authorize the issuance of 100,000,000 shares of common stock with no par value and state that the number and class of shares which are entitled to receive the net assets upon dissolution is 100,000,000 shares of common stock with no par value. On November 5, 2013, our board of directors ratified and approved the Amendment to increase our shares of common stock from 100,000,000 shares of common stock with no par value and to increase the number of shares which are entitled to receive the net assets upon dissolution to 5,000,000,000 shares of common stock with no par value. The approval of the Amendment to our articles of incorporation requires the consent of the holders of at least a majority of the outstanding shares of our common stock. Subsequent to the approval of our board of directors of the Amendment to our articles of incorporation, John R. Hislop, the holder of the majority of the outstanding shares of our common stock, gave us its written consent to the Amendment to our articles of incorporation on December 9, 2013.
      http://www.sec.gov/Archives/edgar/data/1081183/0001085037130…
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      schrieb am 19.12.13 13:58:16
      Beitrag Nr. 60 ()
      Reasons for the Increase in Authorized Share Capital

      The general purpose of the Amendment to our Articles is to increase our authorized capital which will enhance our ability to finance the development and operation of our business.

      Potential uses of the additional authorized shares of common stock may include public or private offerings, conversions of convertible securities, issuance of options pursuant to employee benefit plans, acquisition transactions and other general corporate purposes. Increasing the authorized number of shares of our common stock will give us greater flexibility and will allow us to issue such shares in most cases without the expense or delay of seeking stockholder approval. We are at all times investigating additional sources of financing which our board of directors believes will be in our best interests and in the best interests of our stockholders. Shares of our common stock carry no pre-emptive rights to purchase additional shares.
      http://www.sec.gov/Archives/edgar/data/1081183/0001085037130…
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      schrieb am 20.12.13 01:23:03
      Beitrag Nr. 61 ()
      Avatar
      schrieb am 20.12.13 21:33:55
      Beitrag Nr. 62 ()
      On October 15, 2013, the Nation Energy Inc. (“Nation”) entered into a letter agreement (the “Letter Agreement”) with Paltar Petroleum Limited (“Paltar”) whereby Nation proposes to acquire from Paltar Petroleum Limited (“Paltar”), a privately held Australian company, approximately four (4) exploration and development permits and 29 applications for additional exploration and development permits (the “Assets”) in respect of land located in northern Australia. Among other things, the Letter Agreement provides that:

      1. prior to closing, Nation will increase its authorized capital from 100,000,000 common shares to 5,000,000,000 common shares;OK

      >>2. prior to closing, Nation will settle approximately $1,340,000 in currently outstanding debt for common shares at a price of $0.01 per share;

      >>>3. at closing, Nation will issue 600,000,000 restricted common shares to Paltar, representing approximately 80% of the issued and outstanding common shares at closing (before adjusting for the issuance of any equity securities for any financing that may be arranged in order to fund operations) – these shares will be subject to resale restrictions imposed by applicable law and a three (3) year lockup agreement;
      Avatar
      schrieb am 20.12.13 22:03:19
      Beitrag Nr. 63 ()
      Aus dem filing of late von NEGY! Die Aufwertung auf 5 Mrd. NEGY shares braucht 20 Tage um in Kraft zu treten. Also ab 29. Dez. 2013 können 134 MIO Nation shares ausgegeben werden um Schulden zu begleichen.--Das ist vor closing! Bei closing des Abkommens zwischen Nation und Marc können 600 Mio shares an Marc ausgegeben werden.--Closing kann stattfinden ab 29 Dec 2013!

      Subsequent to our board of directors’ approval of the Amendment, the holders of the majority of the outstanding shares of our company gave us their written consent to the Amendment to our Articles on December 9, 2013. Therefore, following the expiration of the twenty-day (20) period mandated by Rule 14c and the provisions of Chapter 16 of the Wyoming Business Corporations Act, our company will file Articles of Amendment to amend our Articles to give effect to the Amendment. We will not file the Articles of Amendment to our Articles until at least twenty (20) days after the filing and mailing of this Information Statement.
      http://www.sec.gov/Archives/edgar/data/1081183/0001085037130…
      2 Antworten
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      schrieb am 20.12.13 22:32:55
      Beitrag Nr. 64 ()
      Antwort auf Beitrag Nr.: 46.094.072 von ro27 am 20.12.13 22:03:19Und, was bringt diese Übung?
      1 Antwort
      Avatar
      schrieb am 20.12.13 22:53:51
      Beitrag Nr. 65 ()
      Antwort auf Beitrag Nr.: 46.094.238 von Charly_2 am 20.12.13 22:32:554. at closing, Nation will assume AUS$2,265,109 of Paltar’s related party debt;
      Nation übernimmt at closing Paltar-Schulden von AUD 2,3 Mio. At closing, das bedeutet Marc hat Nation dann schon übernommen wenn es klappt und die Schulden werden dann bei Nation geführt und nicht mehr bei Paltar.

      Aber das nur nebenbei. Wie schon gesagt, mit der acquisition von Nation ist Bruner mit Nation an der Börse. Umbenennung in eine Paltar subsidiary, etwa hmmm. Everybody’s Darling, nein ein Scherz, Darling um dabei zu bleiben macht nun die Großzahl der Permits in NT, während Paltar selbst die permits in Beetaloo mit Petrohunter und Sweetpea macht.—Ich würde sagen die Übung bringt vor allen Dingen new avenues in der Finanzierung von NT insgesamt inclusive Beetaloo BAsin, denn an der Börse ist das einfacher als nur privat, wohlverstanden! Die Morgan Stanley Finanzierung von Paltar scheint zu ruhen. Ev. erfährt sie so eine neue Belebung.—Erste Überlegungen zu Bruners neuem Ansatz!
      Avatar
      schrieb am 20.12.13 23:32:05
      Beitrag Nr. 66 ()
      Ich könnte mir schon bald dann einen rollback bei Nation vorstellen, damit der SP geschmeidig wird für ein PP, oder gar ein IPO oder so....aber wir greifen zu weit vor....one step at a time....alles nur ganz ruhige Vorüberlegungen! :cool:
      Avatar
      schrieb am 20.02.14 21:03:48
      Beitrag Nr. 67 ()
      Current report, items 5.03 and 9.01
      Acc-no: 0001085037-14-000014 (34 Act) Size: 37 KB

      http://www.sec.gov/Archives/edgar/data/1081183/0001085037140…
      Avatar
      schrieb am 21.02.14 10:35:34
      Beitrag Nr. 68 ()
      Item 5.03 Amendments to Articles of Incorporation or Bylaws; Change in Fiscal Year

      On January 23, 2014, we filed Articles of Amendment with the Secretary of State of the State of Wyoming, amending our articles of incorporation by increasing our authorized capital to 5,000,000,000, shares of common stock with no par value.

      Item 9.01 Financial Statements and Exhibits

      3.1 Articles of Amendment filed with the Secretary of State of the State of Wyoming on January 23, 2014.
      Avatar
      schrieb am 26.02.14 10:22:06
      Beitrag Nr. 69 ()
      Quarterly report [Sections 13 or 15(d)]
      Acc-no: 0001081183-14-000002 (34 Act) Size: 233 KB
      Avatar
      schrieb am 26.02.14 10:23:22
      Beitrag Nr. 70 ()
      Avatar
      schrieb am 26.02.14 10:27:33
      Beitrag Nr. 71 ()
      Note 6. Subsequent Events

      Effective January 23, 2014, the Company is authorized to issue 5,000,000,000 shares of common stock with no par value and the number and class of shares which are entitled to receive the net assets upon dissolution is 5,000,000,000 shares of common stock with no par value. The amendment was approved by the shareholders in the manner required by the act and by the articles of incorporation. Management of the Company has evaluated all subsequent transactions through the date the financial statements were available to be issued and has determined that there are no other subsequent events that require disclosure.
      Avatar
      schrieb am 26.02.14 10:31:12
      Beitrag Nr. 72 ()
      M D and A
      The Company entered into a letter agreement dated October 11, 2013 whereby the Company proposes to acquire from Paltar Petroleum Limited (“Paltar”), a privately held Australian company, approximately four exploration and development permits and twenty-nine applications for additional exploration and development permits in respect of land located in northern Australia. Details of the transaction can be found in the Form 8K dated October 15, 2013 filed on EDGAR or in the news release dated October 18, 2013 filed on SEDAR. There is no change in status as of December 31, 2013.
      Avatar
      schrieb am 17.03.14 16:40:23
      Beitrag Nr. 73 ()
      ..............
      Avatar
      schrieb am 21.03.14 20:54:08
      Beitrag Nr. 74 ()
      Avatar
      schrieb am 25.06.14 22:03:49
      Beitrag Nr. 75 ()
      Avatar
      schrieb am 14.07.14 09:30:38
      Beitrag Nr. 76 ()
      Avatar
      schrieb am 14.07.14 09:34:05
      Beitrag Nr. 77 ()
      Real time level two für Paltar schon vorbereitet.
      Avatar
      schrieb am 14.07.14 09:36:29
      Beitrag Nr. 78 ()
      Im Juli sollte die Übernahme von Nation E durch Paltar vonstatten gehen.
      Avatar
      schrieb am 14.07.14 21:54:06
      Beitrag Nr. 79 ()
      NEGY — Initial OTCQB Certification
      Share on Facebook Share on Twitter Share on LinkedIn
      NEGY - 2014-06-30 - Initial OTCQB Certification Published: Jun 30, 2014 Period End: Jun 30, 2014
      Status: Active Download Report
      Avatar
      schrieb am 16.07.14 00:01:52
      Beitrag Nr. 80 ()
      Avatar
      schrieb am 16.07.14 09:36:56
      Beitrag Nr. 81 ()
      OTCQB Certification
      I, John R. Hislop, President, CEO, CFO, Secretary, Chairman and Director of Nation Energy Inc. (“the Company”),
      certify that:

      a. The Company is registered with the SEC or exempt from SEC registration as indicated below (check one):
      Company is registered under Section 12g of the Exchange Act


      b. The Company is current in its reporting obligations as of the most recent fiscal year end and any subsequent
      quarters, and such information has been posted either on the SEC’s EDGAR system or the OTC Disclosure &
      News Service, as applicable.

      c. The Company Profile displayed on www.otcmarkets.com is current and complete as of June 30, 2014 and
      includes the total shares outstanding, authorized, and in the public float as of that date.
      . . .
      http://www.otcmarkets.com/financialReportViewer?symbol=NEGY&…
      Avatar
      schrieb am 01.12.15 02:48:57
      Beitrag Nr. 82 ()
      Avatar
      schrieb am 01.12.15 03:17:43
      Beitrag Nr. 83 ()
      Oil price, IGas, Bowleven, Falcon Oil & Gas, And finally...
      12:54 25 Nov 2015

      WTI $42.87 +$1.12, Brent $46.12 +$1.29, Diff $3.25 +17c, NG $2.20 -1c
      Oil price
      Volatility remains the watchword even before the events that I have been talking about although the jockeying for position ahead of the Opec meeting is always worth watching. Yesterdays chatter was all about a deal that might have been done between Saudi Arabia and Iran, not normally comfortable bedfellows. Apparently as part of the Saudi ‘market stability’ policy they have cut a deal to absorb the slack when sanctions are lifted next year, i’ll believe that when I see it…
      Of course the other part of the volatility is geopolitical and it doesnt get much more serious than a NATO member country shooting down a Russian jet then firing at the ejecting pilots. This is the watchword at the moment and despite the huge overhang of oil stocks the spikes may be worth watching, even trading. On trading of course we know that the hedgies have a huge overhanging short of crude oil, well they do know everything dont they…?
      Finally the API inventory stats were worse than expected but not a catastrophe, at +2.6m barrels they were higher than the whisper which was 1.1m barrels and we shall look at stocks again after tonight’s EIA numbers.
      IGas Energy
      Interims from IGas this morning and all seems to be continuing as planned despite the financials being obviously hit by the oil price. Government support is strong as shale is given national priority status and planning should be getting easier and quicker but one feels it will still be slower than hoped for. Having said that a number of projects are under way and in the period the company did a farm-out with INEOS worth £30m, received 6 new licences in the 14th onshore round with hopefully more to come in the 2nd tranche later this year. I will add more after I have spoken to Steve Bowler, but at the moment progress is, if a little slower than wished for, at least tangible.
      Bowleven
      The company has announced that the Moambe well has achieved maximum stabilised flow rates of 7.3 mmscfd and is now in an extended test period. The plan is for it to produce at 4-5 mmscfd in the long haul. Now it’s time for the Zingana extended well test where plans are progressing and this will mean that the company can progress with gas sales discussions. I havent spoken to Kevin lately, I remember that last year it was after the Brindex dinner which is tomorrow night so I hope to have a catch up before long.
      Falcon Oil & Gas
      Results this morning from Falcon but financials are irrelevant at the moment as it is the operational situation which is so key to the company. The three wells drilled so far in the Beetaloo Basin in Australia have been significantly better than expectations coming in with high levels of gas saturation leading to an acceleration of the work programme and the first horizontal well this year. With high quality partners in Origin and Sasol, the future for the Beetaloo is most encouraging and as one of the better sector performers it may be wise to keep Falcon under serious scrutiny.
      And finally…
      Last night the Gooners did what they had to and can still qualify for the next stage of the Champions League if they wallop Olympiakos next time. Chelski won easily in Tel Aviv as expected and are through. Tonight the Red Devils host PSV where a win would make the Theatre of Dreams just that and the Noisy Neighbours go to Juve.
      And the pressure mounts on Lord Coe as it turns out that he ‘reached out’ to Celine Diack when Eugene USA won the 2021 World Championships without a bidding process. The BBC are suggesting that Eugene is ‘closely associated’ with Nike for whom Lord Coe works…
      And the Golden State Warriors go from strength to strength , beating the LA Lakers last night to extend their winning streak to 16 making it the best and perfect start to the basketball season ever.
      Malcolm Graham-Wood
      http://www.proactiveinvestors.co.uk/columns/the-pay-zone/237…
      Avatar
      schrieb am 03.12.15 21:52:36
      Beitrag Nr. 84 ()
      Falcon Oil “uniquely positioned” in challenging sector
      12:42 25 Nov 2015
      “Falcon is uniquely placed in this challenging oil price environment with its strong cash position, fully funded drilling programme and high quality assets,” says chief executive Philip O’Quigley.

      --UPDATE, ADDS BROKER COMMENT & SHARE PRICE--

      With “very encouraging” results in a new emerging shale play Falcon Oil & Gas (LON:FOG) is uniquely positioned in an otherwise challenging oil and gas sector, according to chief executive Philip O'Quigley.

      A fast-tracked exploration drilling programme, of three wells, completed in earlier this month.

      Positive results from the first two wells, both vertical, lead to the drilling of an additional horizontal well being brought forward by about 12 months.

      The horizontal well also delivered positive results.

      “During the period we have announced some very encouraging results from the drilling of our first three wells in the Beetaloo basin,” O’Quigley said in a statement.

      “Excellent gas shows have been encountered which demonstrate a high level of gas saturation and is a strong indication of the potential prospectively of our Beetaloo acreage.

      “The technical evaluation of the results to date remains ongoing and we look forward to announcing these results and our 2016 drilling and exploration programme in due course."

      Falcon, along with partners Origin Energy and Sasol, intend to carry out a fracking programme and a flow test during 2016.

      Also during 2016, the company anticipates licences to be issued for South Africa’s nascent shale sector where it is positioned with a significant acreage holding.

      The company highlighted, in this morning’s financial results statement, for the nine months to September 30, that it has a strong financial position with US$9.8mln of cash and no debt.

      Falcon’s share of exploration and appraisal costs in Australia are ‘carried’ by its partners, thanks to a 2014 farm-out agreement.

      Additionally, Falcon said it continued to exercise strict cost management with G&A expenses decreasing by 41% in the nine months, to September 30, at US$1.8mln.

      The pre-revenue company reported a US$2mln loss for the nine months.

      O’Quigley said: “Falcon is uniquely placed in this challenging oil price environment with its strong cash position, fully funded drilling programme and high quality assets.”

      Sam Wahab, analyst at broker Cantor Fitzgerald, highlighted that Falcon’s financials are in line with expectations and the company continues to benefit from its strong operational partnerships.

      “Falcon is carried on a nine well programme in total, with its partners paying for the full cost of completing the first five wells, estimated at A$64m, in addition to any cost overruns,” the analyst said in a note.

      “Origin brings considerable expertise to the table as an unconventional operator in Australia, and Sasol, through its interest in the Montney unconventional shale play in North America brings significant expertise in operating unconventional shale plays, in our view, and is a world leader in gas to liquids.”

      Wahab reckons Origin and Sasol offer many potential options in the longer term for the monetisation of natural gas discovered on the permits.

      Cantor repeated a ‘buy’ recommendation with a 21p price target, which currently includes 16p for the Australian venture.

      On AIM, Falcon shares were up nearly 2% changing hands at 6.75p each.
      http://www.proactiveinvestors.co.uk/news/details/119680/falc…
      Avatar
      schrieb am 06.12.15 21:59:32
      Beitrag Nr. 85 ()
      Zitat von NOrdendFelix: Bruner wiederum hat mit Paltar Nation praktisch schon übernommen. ER ist inzwischen CEO bei Nation. Die neu entstehende Firma soll sich erst einmal Paltar Nation nennen. Der nächste wichtige Stichtag ist der 17. Dezember 2015. ES geht dabei auch um einen amount von 20 Mio dollars für Paltar in terms of David Siegel trust.

      Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.


      On September 15, 2015, Mr. John R. Hislop notified the Board of Directors (the “Board”) of Nation Energy Inc. (the “Company”) of his decision to resign from his positions as Chairman of the Board and President and Chief Executive Officer of the Company, effective as of September 15, 2015. Mr. Hislop’s resignations are not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices.


      Also on September 15, 2015, the Board appointed Mr. David N. Siegel as Chairman of the Board and appointed Mr. Marc A. Bruner as President and Chief Executive Officer of the Company, each effective as of September 15, 2015.


      As previously disclosed, Mr. Bruner, born 1949, is the current Chief Executive Officer and Chairman of the Board of Directors of Paltar Petroleum Limited, an Australian oil and gas exploration company. Previously, Mr. Bruner was the founding Chairman of the Board of Directors of Ultra Petroleum, an NYSE listed natural gas company focused on tight sand development in the Green River Basin of Wyoming, and served in such capacity from January 1996 to January 1999. Mr. Bruner was self-employed as an oil and gas consultant through his company, Resource Venture Management AG, from February 1999 through October 2004. Mr. Bruner co-founded Pennaco Energy, Inc., a coal bed methane company, in 1997, and RIS Resources International, a natural gas company, in 1996. He served as a director of RIS Resources International until late 1997. Mr. Bruner has also served as Chairman of the Board of Gasco Energy, Inc., as well as a director and as a member of the Executive Committee of the Board of Gasco Energy, Inc. from February 2001 to 2010. Mr. Bruner served as Chairman, CEO and President of Falcon Oil & Gas Ltd. (“Falcon”) between November 2004 and September 2010. Mr. Bruner also previously served as Chairman, Chief Executive Officer and President of Mako Energy Corporation, a subsidiary of Falcon, between November 2004 and September 2010. He also served as Chairman of the Board of Directors of Falcon Oil & Gas Australia Limited, a subsidiary of Falcon, from April 2005 through September 2010.


      As previously disclosed, Mr. Siegel, born 1961, was CEO of Frontier Airlines from January 2012 to May of 2015. From June of 2010 until December of 2011, Mr. Siegel was managing partner of Hyannis Port Capital, Inc. Mr. Siegel served as chairman and chief executive officer of XOJET, Inc., a TPG Growth backed private aviation company, from October of 2008 to May of 2010. From June of 2004 to September of 2008, Mr. Siegel served as chairman and chief executive officer of Gategroup, A.G., a Zurich based global company, which Mr. Siegel transformed from its core airline catering business to become a complete above-the-wing solutions provider. At Gategroup, Mr. Siegel stepped down as Chairman in April 2009, and remained an ordinary board member until April 2014. Mr. Siegel recently served as a board member of URS Corporation (NYSE: URS) and for the past eight years has served on the Advisory Board of Trilantic Capital Partners, formerly Lehman Brothers Private Equity. Mr. Siegel earned a master’s degree in business administration from Harvard Business School, with first-year honors, and a Bachelor of Science degree, magna cum laude, in applied mathematics-economics from Brown University.


      Item 8.01 Other Events.



      On September 21, 2015, the Company issued a press release announcing the resignations of Mr. John R. Hislop as Chairman of the Board and as President and Chief Executive Officer of the Company and the appointment of Mr. David N. Siegel as Chairman of the Board and the appointment of Mr. Marc A. Bruner as President and Chief Executive Officer of the Company. The press release is filed herewith as Exhibit 99.1 and is incorporated by reference herein.
      Item 9.01 Financial Statements and Exhibits.



      (d)

      Exhibits.

      Exhibit No.

      Description

      99.1
      Press Release dated September 21, 2015.

      SIGNATURES

      Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

      NATION ENERGY INC.

      /s/ Carmen J. Lotito



      By: Carmen J. Lotito

      Vice President


      Date: September 21, 2015

      http://www.sec.gov/Archives/edgar/data/1081183/0001081183150…
      Avatar
      schrieb am 16.01.16 04:16:48
      Beitrag Nr. 86 ()
      Falcon Zahlen vom 25 November zur Übersicht.

      Falcon Oil & Gas Ltd.: Interim Results for the Nine Months Ended 30 September 2015

      DUBLIN, IRELAND--(Marketwired - Nov. 25, 2015) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) is pleased to announce its financial results for the three and nine months ended 30 September 2015.
      http://web.tmxmoney.com/article.php?newsid=80850390&qm_symbo…
      The following should be read in conjunction with the complete Interim Financial Statements and the accompanying Management's Discussion and Analysis for the three and nine months period ended 30 September 2015 filed with the TSX Venture Exchange. These filings are available at www.sedar.com and on Falcon's website at www.falconoilandgas.com.[/quote]
      Avatar
      schrieb am 01.03.16 06:10:10
      Beitrag Nr. 87 ()
      Summary

      ●Excellent gas shows in the Beetaloo have resulted in an acceleration of the drilling program.

      ●Falcon has over $10 million in the bank and no debt. It is being fully carried across the nine-well drilling program.

      ●If the asset is commercially viable, it lines up with similar shale plays in the US such as the Barnett and the Bakken.

      Many investors make the fatal error of not properly diversifying their portfolios. An equity portfolio invested across different sectors (utilities, financials and staples, etc.) is not a true diversified portfolio. We can see this from the sector's individual performances over the last 10 years; XLF, XLU and KXI. Ok, the financial sector may have not returned to the pre-2008 levels, but the chart shows the sectors are correlated, which is something we don't want in our elevation portfolio. Investing in sectors such as bonds (NYSEARCA:TLT), precious metals (NYSEARCA:GLD), energy (NYSEARCA:XLE), small-cap US stocks (NYSEARCA:IWM) and emerging markets (NYSEARCA:EWW) can give us a better diversification over time, which reduces risk. It's all about protecting the downside and not loading up too much on one sector (which we may be doing at present with respect to US equities).

      With respect to our next underlying stock for the elevation portfolio, I wrote about Falcon Oil & Gas (OTCPK:FOLGF) last year where I discussed the farm out deal it did with Origin Energy (OTCPK : OGFGY) and Sasol Limited (NYSE:SSL). The deal agreed was a nine-well drilling program over three years worth $200 million. One year's drilling is now complete, but what is very encouraging is that results from the first horizontal well drilled in the Beetaloo basin have illustrated excellent gas shows, which have resulted in an acceleration of the exploration program.

      2016 should end up being a defining year for Falcon and particularly its Beetaloo basin asset. Shareholders will do extremely well if the asset is commercially viable because the resources and acreage compare very well with the US shale assets such as the Bakken and the Barnett. Once we get fracking and testing wells out of the way (which should happen in 2016), we will know for sure what type of an asset we are dealing with here. Falcon's objective is to sell the asset. It does not want to take this asset into production, which would indicate why there could be a substantial move in the share price if a sale does indeed take place in the next 12 to 24 months.

      At the moment, the stock is trading at $0.08 a share, which gives the company a market cap of $68 million (never been lower). It presently has over $10 million in the bank and is being fully carried across the nine-well drilling program in Australia. Now here is how it differentiates from producing companies, which minimizes the risk in my opinion, especially when you consider where the share price is at the moment.

      ●The company has no debt. It doesn't need to go into debt to keep its capex budgets elevated or return cash to shareholders. Asset evaluation has all been done currently off the back of its partners.
      ●Falcon has no production. All upstream companies or integrated companies with upstream divisions are hemorrhaging cash at the moment. Falcon doesn't have this problem.
      ●No funding requirements mean the company won't have to dilute the float for the foreseeable future, which is crucial for penny stock investors.

      Furthermore, with respect to the Beetaloo basin and its 4.6 million acres, the recoverable resources are actually bigger than some of the major shale plays in the US. Studies have shown that there is a 21 billion barrel oil equivalent potential and 162 "TCFG" (trillion cubic feet of gas). Nevertheless, getting all this energy above ground in a commercial way is another task in itself. Producing unconventional plays normally have 4% to 5% total organic carbon (TOC) (Beetaloo has 4%). Average shale thickness also is a predetermined requisite where usually 30 meters is the minimum for unconventional plays. Well, the Beetaloo passes initial results here once again with ample thickness throughout the asset (see below).

      Source : Company website
      I've been watching this stock closely over the last 24 months, and it has more or less followed oil down since the summer of 2014 with the exception of a spike in the share price last May that didn't materialize into anything. The reward definitely outweighs the risk here in my opinion. With strict money management, we are going to buy $2,000 of Falcon Oil & Gas which is currently around 25,000 shares. No stops at the moment.

      This portfolio will be all about increasing the trade activity among some overvalued dividend growth stocks like McDonald's (NYSE:MCD), so that over time we can pump more capital into our lower-valued stocks, which, by nature, should be paying higher dividends - IBM (NYSE:IBM). We need to do this to keep the portfolio diversified as this increases our reward potential going forward as income portfolios are all about share count, which we will increase substantially over time.

      I'm going to be adding a few good dividend and growth stocks to the elevation portfolio over the next several weeks when I see value. It's imperative that they are not correlated and all don't have similar valuations to ensure that income is brought in every month, which, over time, will increase our share count. Follow along by pressing the "Follow" button above. Let's see how quick we can get this to $20k in annual income.
      . . .
      http://seekingalpha.com/article/3942016-falcon-oil-and-gas-r…
      Falcon Oil & Gas Offers An Attractive Risk/Reward Setup
      Feb. 29, 2016 7:45 PM ET|
      1 comment |
      About: Falcon Oil & Gas Ltd. (FOLGF)
      Avatar
      schrieb am 15.04.16 00:44:50
      Beitrag Nr. 88 ()
      DUBIN, IRELAND--(Marketwired - April 12, 2016) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) ("Falcon") announces that its Annual General and Special Shareholder Meeting will be held at Calgary Petroleum Club, 319 5th Avenue S.W., Calgary, AB T2P 0L6, Canada on 21 June 2016 at 11:00 a.m. (Calgary time).

      A complete notice and related documents will be sent to the shareholders of record as at 10 May 2016 and will also be filed on the Canadian System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and Falcon's website at www.falconoilandgas.com.

      The Notice of the Annual General and Special Shareholder meeting was filed on SEDAR on 1 April 2016.

      For the information of shareholders; Origin Energy, the operator of Falcon's joint venture Beetaloo Basin, Australia drilling program is presenting at the American Association of Petroleum Geologists ("AAPG") with SEPM ("Society for Sedimentary Geology") and Canadian Society of Petroleum Geologists ("CSPG") Annual Convention & Exhibition 2016 at the BMO Centre at Stampede Park, Calgary on Monday 20 June 2016 a paper titled "Unconventional Gas Potential in the Northern Territory, Australia: Exploring the Beetaloo Sub-Basin". The paper will be presented by Dr. David Close, Chief Geologist and Unconventional Exploration Manager, Origin Energy.

      About Falcon Oil & Gas Ltd.

      Falcon Oil & Gas Ltd is an international oil and gas company engaged in the acquisition, exploration and development of conventional and unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary. Falcon Oil & Gas Ltd is incorporated in British Columbia, Canada and headquartered in Dublin, Ireland with a technical team based in Budapest, Hungary.

      For further information on Falcon Oil & Gas Ltd. please visit www.falconoilandgas.com

      About Origin Energy

      Origin Energy (ASX : ORG) is the leading Australian integrated energy company with market leading positions in energy retailing (approximately 4.2 million customers), power generation (approximately 6,000 MW of capacity owned and contracted) and natural gas production (1,093 PJ of 2P reserves and annual production of 82 PJe).

      Through Australia Pacific LNG, its incorporated joint venture with ConocoPhillips and Sinopec, Origin is developing Australia's biggest CSG to LNG project based on the country's largest 2P CSG reserves base.

      www.originenergy.com.au

      Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

      Falcon Oil & Gas Ltd.
      +353 1 417 1900

      Falcon Oil & Gas Ltd.
      Philip O'Quigley
      CEO
      +353 87 814 7042

      Falcon Oil & Gas Ltd.
      Michael Gallagher
      CFO
      +353 1 417 0814

      Davy (NOMAD & Broker)
      John Frain
      +353 1 679 6363

      Davy (NOMAD & Broker)
      Anthony Farrell
      +353 1 679 6363
      http://web.tmxmoney.com/article.php?newsid=84182605&qm_symbo…
      Falcon Oil & Gas Ltd. Announces Its Annual General and Special Shareholder Meeting to Be Held on 21 June 2016
      Avatar
      schrieb am 15.04.16 10:32:59
      Beitrag Nr. 89 ()
      DUBLIN, IRELAND--(Marketwired - March 9, 2016) - Falcon Oil & Gas Ltd. (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) is pleased to provide the following operational update for its operations in Australia, South Africa and Hungary.

      Operational highlights

      ● Preparations for 2016 Beetaloo Basin, Australia, drilling programme at an advanced stage.
      ●Drilling locations being finalised for the two new vertical wells following technical evaluation undertaken by Origin, Sasol and Falcon.
      ●Well locations to penetrate condensate rich gas mature through to dry gas mature sections of the Middle Velkerri shale.
      ●Drilling expected to start Q2, 2016.
      ●Rig 185 remains "warm stacked" in the Beetaloo basin.
      ●Tendering and contracting for hydraulic stimulation and key well services ongoing.

      Financial highlights

      ●US$3.7 million cash settlement agreed with NIS - received in December 2015.
      ●US$12.7 million (unaudited) in cash and cash on deposit at 31 December 2015.

      Australia - 2016 drilling & testing preparations underway in the Beetaloo Basin

      Preparations are underway for the Group's 2016 Beetaloo drilling and testing programme, comprising:

      ●civil construction, the remobilisation of Rig 185 and the drilling of Beetaloo W-1, a vertical well in exploration permit ("EP") 117 approximately 85km south of the wells drilled in 2015;

      ●the drilling of a second vertical well, the location of which is being finalised and the hydraulic stimulation of either this well or the Beetaloo W-1 well; and

      ●the re-entry and hydraulic stimulation of Amungee NW-1H in EP98 - This well was drilled in November 2015 to a total measured depth of 3,808 metres, including 1,100 metres horizontal section in the "B Shale" interval of the Middle Velkerri Formation, 100 metres more than originally planned.

      The principal objectives of the 2016 drilling programme are to:

      ●test gas productivity of the Middle Velkerri shale by means of multi stage hydraulic stimulation;
      ●further determine the areal extent of the Middle Velkerri shale;
      ●determine the levels of gas saturation in the southern section of the basin; and
      ●explore the shallower, oil prone sections of the Middle Velkerri shale.
      Avatar
      schrieb am 07.06.16 22:09:52
      Beitrag Nr. 90 ()
      Falcon Oil & Gas Ltd.: Filing of Interim Financial Statements, Relocation of Head Office & Mailing of Annual General & Special Shareholder Meeting Documents

      DUBLIN, IRELAND--(Marketwired - May 26, 2016) - Falcon Oil & Gas Ltd. ("Falcon" or the "Company" or the "Group") (TSX VENTURE:FO)(AIM:FOG)(ESM:FAC) announces that it has filed its Interim Financial Statements for the three month period ended 31 March 2016 and the accompanying Management's Discussion and Analysis ("MD&A"); relocated its head office within Dublin, Ireland and mailed its 2016 Annual General & Special shareholder meeting documents.

      Interim Financial statements - 31 March 2016

      The following should be read in conjunction with the complete unaudited unreviewed Interim Financial Statements and the accompanying MD&A for the three months period ended 31 March 2016 filed with the Toronto Venture Stock Exchange. These filings are available on the Canadian System for Electronic Document Analysis and Retrieval ("SEDAR") at www.sedar.com and on Falcon's website at www.falconoilandgas.com.

      2016 Operational Highlights

      Preparation for 2016 Beetaloo Basin Australia, drilling programme at an advance stage.
      Processing of Falcon's exploration license application in South Africa's Karoo Basin continues to progress and the South African Department of Mineral Resources is expected to issue licences in 2016.

      2016 Financial Highlights

      Strong financial position, debt free with cash of US$11.9 million at 31 March 2016 (31 December 2015: US$12.7 million).
      Continued focus on strict cost management and efficient operation of the portfolio.
      General & administrative expenses decreased 12% year on year to US$0.5 million (2015: US$0.6 million).

      Relocation of Dublin head office

      The head office of Falcon has relocated within Dublin to:

      Falcon Oil & Gas Ltd.
      68 Merrion Square South
      Dublin 2
      Ireland

      Phone + 353 1 676 8702

      All further communications should be directed to the new location.

      Mailing of Annual General & Special Meeting documents

      As previously announced, Falcon's Annual General and Special Shareholder Meeting will be held at the Calgary Petroleum Club, 319 5th Avenue S.W., Calgary, AB T2P 0L5, Canada on 21 June 2016 at 11:00 a.m. (Calgary time).

      A complete notice and related documents have been sent to the shareholders of record as at 10 May 2016 and are also available on SEDAR at www.sedar.com and Falcon's website at www.falconoilandgas.com.

      Falcon Oil & Gas Ltd.
      Interim Condensed Consolidated Statement of Operations and Comprehensive Loss
      (Unaudited)
      http://web.tmxmoney.com/article.php?newsid=7497331333872289&…
      Avatar
      schrieb am 08.10.16 00:51:20
      Beitrag Nr. 91 ()
      Zitat von auriga: PHUN ist soweit ausgesetzt an OTC markets in terms of filing delay. Man kann auch sagen soweit delistet. Dies ist ein Eingriff von der SEC, und insofern unabhängig von pinks rules an der OTC markets group..der OIL PRICE is low, ich denke Bruner hat wenig Bock zur Zeit was zu machen in the NT, zudem es zur Zeit ein fracking moratorium gibt in the Nothern Territories, an dem auch Falcon festhängen wird, wie lange ist offen, 2 Jahre?, Origin ist eine Heimmannschaft, das ist positiv!—Gleichwohl ist Bruner mit Paltar am Ball und hält die permits in the NT. NEGY ist up to date und im Grunde längst eine Bruner Company..man muss an dieser Stelle sagen PHUN ist erst mal weg vom Fenster, hält aber Falcon Anteile, und ist mit Paltar verwoben in Aktivitätsforderungen in AUS..Grüße A.


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