Predator Oil & Gas Share Discussion Threads

[milliecusto] 22/8/2018 09:46

Due a tick up soon, consistent buying

[multibaggers1] 22/8/2018 08:16

Fully funded for first two drills,the bod hold 50% of shares in issue so they won’t want to dilute themselves until after the results imo.

[cobra786] 22/8/2018 07:54

Life is far too short to bet with,
However I can donate £20 to your nominated charity if it fails to trade above 5p
Deal!!

[hermana3] 22/8/2018 07:52

Bet yer life on it!

[2prsimo] 22/8/2018 07:34

What are the chances of a placing coming up in this one? Do they have enough cash to cover all that they want to do in the short-term?

[cobra786] 22/8/2018 07:17

Good morning all
With the bank holiday looming
I strongly believe that this will
Trading well above 5 before end of August

[guyswonga74] 21/8/2018 19:23

Excellent volume today. Higher highs and higher lows. Onwards to 5p by end of week. Juicy RNS now would rocket this

[multibaggers1] 21/8/2018 12:27

Farm in talk with Majors are happening right now.

No other company can produce gas quicker than PRD in Ireland (If successful).

That gives us the upper hand in negotiating a good deal.

[adorling] 21/8/2018 12:26

Looking very strong!

[gersemi] 21/8/2018 11:16

This is breaking out big time

[bootie64] 21/8/2018 10:19

Edging closer and closer

5 day Intraday chart

[multibaggers1] 20/8/2018 19:46

Listing document page 41


Business strategy and execution

The Company’s strategy is to develop its exploration and appraisal assets offshore Ireland through a focussed farmout process, which it has already begun to execute, targeting a small number of industry peers with existing licence positions offshore Ireland and who are seeking to expand and diversify their exposure to different geological targets. Volatility in the oil price can lead to major oil and gas companies ceasing to be interested in making further investment in upstream oil and gas projects, but the Directors and the Proposed Directors believe that a window of opportunity to farm out exists offshore Ireland for the following reasons:

(a) a recent improvement in oil and gas prices;

(b) production start-up at Shell’s Corrib gas field generating initial production of 45,000 BOE/day;

(c) the recent announcement of several Atlantic margin farmins by industry majors;

(d) the recent sale, subject to regulatory approvals, of Shell’s Corrib gas field interest for up to a reported US$ 1.23 billion; and

(e) the level of initial interest shown in the Company’s farmin opportunities being reflected in the execution of confidentiality agreements.

[argyle underclap] 20/8/2018 19:40

901k trade reported late today is from Friday at 16:19

[multibaggers1] 20/8/2018 19:29

31st July rns


Offshore Ireland

Licensing Option 16/26 Corrib South Gas Prospect

As previously announced an application has been made by Predator for a Frontier Exploration Licence, a Successor Authorisation to Licensing Option 16/26.

Confidentiality Agreements have been executed with several potential 18/25-3 drilling partners based on the Company's selection strategy of targeting only those companies where the commercial rational for a subsea tie-back to the Corrib gas field in the event of a gas discovery at Corrib South is clearly understood and appreciated. Sufficient progress is being made to warrant the Company commencing initial planning for the 18/25-3 Corrib South exploration well to ensure that all regulatory consents and approvals are in place for drilling to start in 2020, subject to the award of the Frontier Exploration Licence.

The Corrib South gas prospect lies just 18 kilometres from the Corrib gas field subsea infrastructure.

The 18/25-3 well would target the Triassic Sherwood sandstone, the Corrib gas field reservoir that was delivering an average of 345 mm cfgpd through Q1 to Q3 2017. Corrib South is interpreted by the Company to be located in a geological structure that has strong similarities with that hosting the gas in the Corrib field.

In the Best Estimate (equivalent to 2P) and High Estimate Cases the Prospective Gas Resources are 424 bcf recoverable (212 bcf net to Predator) and 904 bcf recoverable (452 bcf net to Predator) with a 30% Chance of Success, based on Predator's Competent Person's Report by SLR Consulting in the Predator Admission Prospectus. In the High Estimate Case Corrib South is considered by the Company to be similar in size to the Corrib gas field structure.

Future work will be focussed on potentially de-risking the High Estimate Prospective Gas Resources and updating the Competent Person's Report to reflect the results of this work.

[milliecusto] 20/8/2018 15:54

Assault on 4p must be close, some good exposure over the weekend

[multibaggers1] 20/8/2018 10:22

Theres only 50m shares available in the free float.

Fully funded for first two drills.

The CEO and director own the other 50% of shares and have a lock in period of one year.

PRD are hugely undervalued considering the massive potential.

Elephant hunting with a major on board and we will be multiples of 4p in an instant.

GLA

[cashandcard] 20/8/2018 09:26

scotty666,


Thankyou very much for sorting the charts out!



Cash

[bootie64] 20/8/2018 09:25

I don't think it will fall back this week Croasdalelfc, imo there is a wider audience aware of the under valuation now

[croasdalelfc] 20/8/2018 09:18

Podcast boost - for those wanting a top up, wait for the fallback , probably mid 3s to buy by Wednesday. I hope to build to 500k shares in this under 4p

[bootie64] 20/8/2018 08:17

Glad I bought more last week, but I want some more!

Will sit and wait for 1st hour to pass

[guyswonga74] 20/8/2018 06:54

Excellent podcast and it’s difficult to buy in here in bulk. Will be watching early trades like a hawk

[milliecusto] 18/8/2018 16:57

Seems to be a hot stock and still relatively unknown amongst the investors

[argyle underclap] 18/8/2018 09:49

Vox Markets weekend podcast (Justin Waite)

Predator O&G favourite stock at the mo starts at 23mins 52sec in...