ADVFN Logo ADVFN

We could not find any results for:
Make sure your spelling is correct or try broadening your search.

Trending Now

Toplists

It looks like you aren't logged in.
Click the button below to log in and view your recent history.

Hot Features

Registration Strip Icon for default Register for Free to get streaming real-time quotes, interactive charts, live options flow, and more.

PRD Predator Oil & Gas Holdings Plc

9.75
-0.45 (-4.41%)
Last Updated: 08:00:01
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Predator Oil & Gas Holdings Plc LSE:PRD London Ordinary Share JE00BFZ1D698 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
  -0.45 -4.41% 9.75 1,179,386 08:00:01
Bid Price Offer Price High Price Low Price Open Price
9.50 10.00 10.22 9.75 9.75
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Crude Petroleum & Natural Gs -2.56M -0.0045 -21.67 54.84M
Last Trade Time Trade Type Trade Size Trade Price Currency
10:15:29 O 23,821 9.695 GBX

Predator Oil & Gas (PRD) Latest News

Predator Oil & Gas (PRD) Discussions and Chat

Predator Oil & Gas Forums and Chat

Date Time Title Posts
22/4/202410:23Predator Oil and Gas - 2020 - Eyes on Morocco Gas6,950
25/3/202421:02Not moderated by Pro1,408
21/3/202416:48Predator Oil and Gas New Moderated thread1,428
30/11/202308:40Prospectus and CPR report4
21/11/202323:55Predator Oil & Gas2,492

Add a New Thread

Predator Oil & Gas (PRD) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
09:15:309.7023,8212,309.45O
09:11:4210.00100,00010,000.00O
09:03:209.9820019.95O
09:02:019.9510,5981,054.50O
08:56:479.656,253603.10O

Predator Oil & Gas (PRD) Top Chat Posts

Top Posts
Posted at 22/4/2024 09:20 by Predator Oil & Gas Daily Update
Predator Oil & Gas Holdings Plc is listed in the Crude Petroleum & Natural Gs sector of the London Stock Exchange with ticker PRD. The last closing price for Predator Oil & Gas was 10.20p.
Predator Oil & Gas currently has 562,502,088 shares in issue. The market capitalisation of Predator Oil & Gas is £54,843,954.
Predator Oil & Gas has a price to earnings ratio (PE ratio) of -21.67.
This morning PRD shares opened at 9.75p
Posted at 27/3/2024 10:46 by mariopeter
Well nearly time for the big appraisal drill. Targeting 600 bcf but we all know its more like 2 to 3 TCF. Possible oil or liquid gas too. Drilling in carbonate so easier to drill and test.

We also now know the Jurassic will be sold if a success.

Ithaca today are planning to pay £560m for 100 mmbo and 40k bopd from ENI UK in the high tax North Sea. A nice deal but tiny in comparison to what is shaping up in Morocco.

They might farm out Ireland shortly and they might also unlock the current 7 TCF in Morocco too. Trinidad to benefit from Sandjet .

All for a measly £45m market cap. This is very seriously undervalued and see little reason why sellers will appear on the next phase up.

One day you will wake up and the share price will be many multiples of the previous day's share price. I too don't expect the London market can get the pricing correct (the price is "no clue" seller driven) so will wait for the corporate events.

"MOU-5 is expected to be drilled between 1 April to 31 May 2024"
Posted at 21/2/2024 10:46 by mariopeter
You would have thought the plugged and abandoned MOU 1, MOU 2 and MOU 3 from the share price reaction. Far from it. Where will the share price be during sandjetting?

Gas is very pure.
Posted at 20/2/2024 11:15 by mariopeter
Cash

You obviously very carefully read the conclusion bottom of page 58 on the ITR when they were referring to the formation damage on the Ma sand.




The surprise is that the formation damage seems to be everywhere. BUT the Company know what they have to do with the sandjet to meet the other part of the conclusion on P58.

Big ask for others to stay on board but I only unload when I envisage the share price will fall into abyss. Look what happened to the share price after MOU 2.

MOU 5 doing its job hedging the fall. MOU5 is into the Jurassic which is very large indeed and entirely different to anything else drilled historically. They caught it at the bottom of MOU4 having seen it on seismic. MOU 4 was deliberately located to try to nick the Jurassic and it did. Think I read not over-pressured so drilling muds can be more refined. ITR shows it a big target for onshore Morocco.

Funding in tact for now probably just and the Company now need some good luck. Sandjet will have to work. Side track and fracking not necessary yet but are options.

Biogenetic gas ......
Posted at 02/2/2024 03:04 by kq1
Share prices go up and down, often unpredictably. Undeveloped resources may or may not be commercialized, or not in the expected quantities or at the hoped for profitability. These are all well-known risks.

Market makers do not 'play games' or 'manipulate prices', as is frequently claimed here. MMs use algorithms to maintain a balanced book and maximise trading volume - that is how they make a profit. There are no malevolent dwarves trying to steal shares away from naïve private investors. Yesterday's sub-penny drop in low volume is irrelevant in the scheme of things, especially after a substantial rise over a short period of above-average volumes. Of course the usual suspects emerge from the woodwork proclaiming doom. I do not know if they are short term traders hoping to buy cheap, or even paid by someone else so that their masters can buy more cheaply. Whatever, it is also irrelevant - just remember that they are promoting their own interests, that may well be the opposite of yours.

Something that is worth concentrating upon is the effects on the value of PRD's assets due to the staged removal of risk. Lionel Therond is one of the most respected analysts working in the oil & gas sector. He was the author of the Fox Davies Capital note issued on 13th July 2023. here it is:

[...]

He calculates that the unrisked NPV10 of the MOU-Fan & Middle Sands is $1176.4M. That is their value today, assuming that 1/. They are producing commercially as planned, and 2/. The cash flows are reduced at a compound annual rate of 10%, to account for the time value of money. How do we get to 'unrisked'?

* Produce combined flow rates at or in excess of 50mmcfgd from around 150m of reservoir intervals. As you know that de-risking events will be in two phases - the first finished this month, the second next month.

* Agree a commercial contract with a suitable gas distributor. Again, as you know, the main terms have already been negotiated with Afriquia Gaz, the largest distributor in the country, that happens to be owned by Morocco's PM.

* Set up the CNG operation - once again, you already know that the money is there to do this.

* Secure an Exploitation Concession - PRD have said they should be ready to apply for this early next month, and given the influence of their partner and the urgent desire to produce indigenous gas, this should be granted rapidly.

Removal of these risks gives an NPV10 of £922M at fx rate of 1 : 1.275. With 565.2M shares in issue, that is £1.63p per share. Just for MOU-Fan & Middle sands. No Jurassic, no 'running room', no Ireland, no T & T.

By end of next month.
Posted at 16/1/2024 20:19 by dicko80
The Opportunity

FD today provided an update to their research note on PRD and reiterated "35p target price"

lets look at the detail...

the basis of FD 35p target share price is based on Risked NAV 37.6p ....

MOU fan 294.8BCF /$146.3m

Middle sands 319.5BCF/$72.2m

Jurassic Nutech (2m) 36.3BCF/5.5m

Total 650.6BCF/$223.9m/37.6p "risked"

Now the interesting bit..... unrisked...

so testing, 2 phases...

Ph1 due to commence in approx weeks time, ph2 there after..

What is 650BCF worth once flow tested ????

a staggering $1242m/208.6p

you can buy today for 12p

on top of their unrisked upside on a succesful flow test FD commented on the potential upside to the Jurassic, which we have potential drilling to follow the 2phases of testing...

they estimate the following...

126skm structure

RF 80%

20m net sand

605BCF GIIP

484BCF recoverable

As they rightly state 20m could be low as we are

hunting for 200m, but even so they offer further upside of $590m or 99p, with 360BCF net to PRD

making a total price target unrisked of 307.6p

based on the info to date, one could argue there is more than 650BCF net to the company which offers further upside..

"The opportunity"

208.6p on successful flow test to prove up 650BCF net "fully funded" to commence in a week

307.6p on appraising the Jurassic and finding 20m net sand, 10% of the estimated gross reservoir.."fully funded" to commence after testing April/May

T&T

Ireland

in for free

Link to FD note via LinkedIn
Posted at 29/12/2023 19:34 by helpfull
The force is strong here.

Time for a chart, or two.

If you don't like charts, then look away now.

Stuff and nonsense.


free stock charts from uk.advfn.com


The share price still hasn't managed to move above the downward trendline. The trendline is now below 10p, not far above the 9.5p close, and presently coincides with the 45 day moving average. The 15 day moving average has been broken.

The Bollie Bands are interesting:


free stock charts from uk.advfn.com


The Bollies have sneakily narrowed again. Band width is promising.

A significant change in the share price is approaching. The upper Bollie Band coincides with the downward trendline and the 45 day moving average.

Up or down? Take your pick. But a change is coming.

The trendline is six months old. A break would indicate a target of about 24p.

If the share price falls back from the trendline, 5p could be on the cards.

Be careful.
Posted at 19/12/2023 10:13 by helpfull
The force is strong here.

Time of year for the mug punter to give his end 2024 share price forecast.

He would do well to remember his end 2023 forecast.

How did that turn out?

No sale this year.

Is that what was forecast?

Apparently those in the know suggest that there has been no testing because the super majors would all be trying to buy the company on the cheap otherwise.

That's what always happens.

Others are suggesting there is no testing because there might be no gas and wouldn't want shareholders to know.

Which appears the most likely?

Does the share price give a clue?

Be careful.
Posted at 14/12/2023 19:26 by helpfull
The force is strong here.

Time for a chart to cheer everyone up.

But a warning that if you do not like charts read no further.


free stock charts from uk.advfn.com


The share price has been battered downwards after the last RNS, unsurprisingly.

There is a death cross in play.

But the optimism before the last RNS and the subsequent retreat has left a wonderful fulcrum in the chart. A downward trendline from the high of about 20p (25 Jul 2023) and touching the top of the spike (23 Nov 2023) at 12p can be drawn.

It is this trendline, (which might morph into the 100 day moving average) that should be used as a buy signal when the share price next moves decisively upwards.

And when it does break the trendline, a share price increase of +14p is indicated.

Maybe not in the next hour, or tonight, but it is worth keeping an eye on, a clear signal.

Notwithstanding management.

Be careful.
Posted at 05/11/2023 12:21 by helpfull
The force is strong here.

There is a disturbance in the force:


free stock charts from uk.advfn.com


The share price has just edged above the 45 day moving average. It last did that in June 2023, before the move up to the 20p+ mark.

Volatility is making a significant move upward. The last such significant move was also June 2023.

Volume has edged up in the last few days but not to any significant extent.

What about those tight Bollies, how goes the squeeze?:


free stock charts from uk.advfn.com


The share price remains inside the bands. Three or four days of upward movement is needed to confirm a breakout. Ditto, for a downward breakout.

There is a slight upward movement in Bollinger Band Width from the lows:


free stock charts from uk.advfn.com

Watch the guidelines for a signal.

Flow rate results are on the horizon.

Which way will the share price go?

Do y'all feel lucky punks?

I am a conservative £42 person.

Be careful.
Posted at 02/11/2023 21:15 by helpfull
The force is strong here.

Exciting times.

After 3 wells drilled this year and 4 cash raises, testing should be in progress.

Interesting to see the shenanigans in the market.

Does anyone have any news of his the tests are going?

Whilst shareholders are getting twitchy they are easy prey for those wanting to move the share price, up or down, for whatever reason.

The current chart:


free stock charts from uk.advfn.com


The Bollies are as tight as ever.

The fall today sees the share price remain within the lower Bollie Band and also within the long term high and low guidelines. Volume was higher today but still at a a low average. Volatility remains low.

Todays share price movement is no indicator of how flow tests are going.

Nerve is being tested.

Do ya feel lucky punk?

£42 lucky?

Be careful.
Predator Oil & Gas share price data is direct from the London Stock Exchange

Your Recent History

Delayed Upgrade Clock