SHENANDOAH

Falcon Oil & Gas Ltd - Proposed Fundraising and grant of ORRIs to raise gross proceeds of approximately $8.5 million (£6.8 million)

Retrieved on: 
Thursday, April 18, 2024

Completion of the grant of the ORRIs is subject to agreement of final legal documentation and to submission to the Northern Territory Government, Australia for registration.

Key Points: 
  • Completion of the grant of the ORRIs is subject to agreement of final legal documentation and to submission to the Northern Territory Government, Australia for registration.
  • Falcon is an international oil and gas company focused on the exploration and appraisal of unconventional oil and gas assets, with the current portfolio focused in Australia, South Africa and Hungary.
  • In 2020, Falcon Australia farmed down a further 7.5% and Origin agreed to increase the gross cost cap of the work program by A$150.5 million (c.US$97 million) to A$263.8 million (c.US$170 million).
  • PE was acquired for over US$7 billion by Pioneer Natural Resources Company (“Pioneer”), itself a leading independent oil and gas company.

BellSoft levels the performance of JDK 8 up to JVM 17 with Liberica JDK Performance Edition

Retrieved on: 
Tuesday, April 23, 2024

Key runtime and compiler enhancements:

Key Points: 
  • Key runtime and compiler enhancements:
    AppCDS and Dynamic AppCDS absent in OpenJDK 8;
    NUMA-aware allocation absent in OpenJDK 8;
    Enhanced zlib for faster compression and decompression.
  • According to Alex Belokrylov, BellSoft's CEO, "BellSoft is committed to delivering modern and sustainable Java features to enterprise development.
  • Liberica JDK Performance Edition 8 is an artificial bridge we designed to enrich your current JDK 8 with fueled JDK 17 functionalities and guarantee significant cost reductions for JDK development, operation, and cloud usage while the shift to the newer LTS versions is on its way".
  • BellSoft engineers are ready to help you with effortless integration of Liberica JDK Performance Edition 8 into your project.

SaaS Growth Strategist Finalizes Acquisition of DataCapable

Retrieved on: 
Wednesday, March 27, 2024

“DataCapable has created a platform that uses SaaS AI technology to capture, automate, and distribute actionable information about critical events in real-time,” said Potter.

Key Points: 
  • “DataCapable has created a platform that uses SaaS AI technology to capture, automate, and distribute actionable information about critical events in real-time,” said Potter.
  • “Bill’s acquisition will help DataCapable improve our operations and expand our market reach,” said Pete DiSalvo, CEO and co-founder of DataCapable.
  • “Bill has a proven track record of helping SaaS companies overcome obstacles and achieve rapid growth.
  • Thrive Advisors helps startup companies with growth strategies, product development, building sales momentum, scaling infrastructure, and helping businesses thrive, including orchestrating profitable exit strategies.

Falcon Oil & Gas Ltd - Shenandoah South - 1H well IP60 Day Flow Rates of 3.0 MMcf/d (normalised to 6.0 MMcf/d)

Retrieved on: 
Tuesday, March 26, 2024

26 March 2024 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that the Shenandoah South 1H (SS-1H) well in EP117 achieved above commercial IP60 flow rate of 3.0 MMcf/d (normalised to 6.0 MMcf/d over 1,000 metres).

Key Points: 
  • 26 March 2024 – Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce that the Shenandoah South 1H (SS-1H) well in EP117 achieved above commercial IP60 flow rate of 3.0 MMcf/d (normalised to 6.0 MMcf/d over 1,000 metres).
  • Flow testing of the SS-1H well will continue for the next 30 days to achieve average IP90 flow rates to better determine the well’s estimated ultimate recovery per well (EUR).
  • The project is expected to require six 10,000-foot development wells initially to achieve plateau production of 40 MMcf/d.
  • This augurs well for the initial development in the Shenandoah South area as these rates continue to track average flow rates seen in the Marcellus Shale basin in the US.”

Outdoor Afro, Inc. and REI Co-op debut three new adventure travel trips and a new gear collection

Retrieved on: 
Tuesday, April 9, 2024

OAKLAND, Calif., April 9, 2024 /PRNewswire/ -- Outdoor Afro, Inc. and REI Co-op are announcing a collaboration for three new fully-guided trip offerings that will operate July through October in New River Gorge National Park, Shenandoah National Park and surrounding regions. Each experience is a four-day guided trip that celebrates Black joy by amplifying belonging, togetherness, and connection with nature.

Key Points: 
  • The trips are open to everyone from outdoor enthusiasts and those who are outdoor curious, with adventure-based activities and education about nature and Black history of each region.
  • "We're excited to bring these new trips to life with Outdoor Afro, Inc." says Justin Wood, REI director of Experiences.
  • Low to no cost outdoor experiences are still available nationwide through the not-for-profit Outdoor Afro, Org.. REI members also receive discounts on additional classes, events and multiday trips .
  • This collection reimagines the comforts of camp by designing a line for everyone with inspiration from the Outdoor Afro community.

Falcon Oil & Gas Ltd. - Stellar IP30 Day Flow Rates Advances the Beetaloo to Pilot Development

Retrieved on: 
Monday, February 26, 2024

The IP30 flow test extrapolates to ~19.5 MMcf/d for proposed future 10,000-foot (3,000 metres) development wells, in line with some of the highest flow rates achieved in the US Marcellus shale.

Key Points: 
  • The IP30 flow test extrapolates to ~19.5 MMcf/d for proposed future 10,000-foot (3,000 metres) development wells, in line with some of the highest flow rates achieved in the US Marcellus shale.
  • Flow testing of the SS-1H well will continue for the next 60 days to achieve average IP90 flow rates to better determine the well’s EUR.
  • The Beetaloo JV Partners of Falcon and Tamboran B2 Pty Limited will now progress development plans for the proposed 40 MMcf/d Pilot Project at the Shenandoah South location.
  • “The IP30 flow rate announced today of 3.2 MMcf/d, normalised to 6.4 MMcf/d over 1,000 metres, are truly stellar and mark a major turning point in the Beetaloo Basin.

Dunkin's Third Annual Scholarship Program to Award $125,000 to DMV High School and College Students

Retrieved on: 
Friday, March 1, 2024

Dunkin’ today announced the return of its third annual Dunkin' Regional Scholarship Program, which will award $125,000 in scholarships to high school and college students throughout the DMV.

Key Points: 
  • Dunkin’ today announced the return of its third annual Dunkin' Regional Scholarship Program, which will award $125,000 in scholarships to high school and college students throughout the DMV.
  • Since 2022, Dunkin’ and its local franchisees have awarded $225,000 in scholarships to 90 students in the DMV in pursuit of higher education.
  • View the full release here: https://www.businesswire.com/news/home/20240301777181/en/
    In partnership with Scholarship America , Dunkin' will award 50 students throughout the DMV region each with a $2,500 academic scholarship to an accredited two- or four-year college, university, or vocational-technical school of their choice in Fall 2024.
  • Dunkin's DMV Regional Scholarship Program will be available to current part-time and full-time undergraduate students and high school seniors.

Difference Media Presents "Faith, Family & Friends" by Pastor Matt Hagee: A Reverent Masterpiece Featuring Acclaimed Artists

Retrieved on: 
Friday, February 23, 2024

Difference Media Presents "Faith, Family & Friends" by Pastor Matt Hagee: Featuring Acclaimed Artists.

Key Points: 
  • Difference Media Presents "Faith, Family & Friends" by Pastor Matt Hagee: Featuring Acclaimed Artists.
  • jhm.org/friends
    Produced by Grammy-nominated Producer Ben Isaacs, this extraordinary 13-track album was recorded at Difference Media Studios in San Antonio, TX.
  • Pastor Matt Hagee shares his enthusiasm for the project:
    "This album is a celebration of the values that matter most—faith, family, and friends.
  • Hagee & Hannah Hagee
    For more information and to experience the enriching melodies of "Faith, Family & Friends," visit jhm.org/friends.

Falcon Oil & Gas Ltd. - Commencement of Initial Production Testing at Shenandoah South 1H

Retrieved on: 
Monday, January 29, 2024

29 January 2024 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce the commencement of the 30-day initial production (IP30) testing at the Shenandoah South 1H (“SS1H”) well in EP117, operated by Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran B2 Pty Limited.

Key Points: 
  • 29 January 2024 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce the commencement of the 30-day initial production (IP30) testing at the Shenandoah South 1H (“SS1H”) well in EP117, operated by Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran B2 Pty Limited.
  • For normal operational reasons, the SS1H well was shut-in for a three week soak period and was successfully re-opened on 25 January 2024.
  • The aim of soaking was to allow for sufficient stimulation fluid to be absorbed by the shale, increasing the relative permeability to gas of the formation and enhancing future production performance.
  • The IP30 test has now commenced, and results are expected by the end of February 2024.

Falcon Oil & Gas Ltd. - Successful Completion of SS1H Stimulation Program

Retrieved on: 
Thursday, December 7, 2023

7 December 2023 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce the completion of the 10-stage stimulation program over a 500 metre horizontal section of the Amungee Member B-Shale within the Shenandoah South 1H (“SS1H”) well in EP117 which is operated by Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran B2 Pty Limited (“Tamboran”).

Key Points: 
  • 7 December 2023 - Falcon Oil & Gas Ltd. (TSXV: FO, AIM: FOG) is pleased to announce the completion of the 10-stage stimulation program over a 500 metre horizontal section of the Amungee Member B-Shale within the Shenandoah South 1H (“SS1H”) well in EP117 which is operated by Falcon Oil & Gas Australia Limited’s joint venture partner, Tamboran B2 Pty Limited (“Tamboran”).
  • The stimulation program at SS1H delivered a proppant intensity of 2,212 pounds per foot (lb/ft) and average proppant injection per stage was 356,000 pounds.
  • The stimulation program achieved rates of 100 barrels per minute (bpm) using slickwater, a first in the Amungee Member B-Shale and in-line with current US shale basin stimulation designs.
  • Tamboran now plans to install production tubing ahead of the SS1H well commencing flow back of stimulation fluid.