Predator Oil & Gas Share Discussion Threads

[2dinvestor] 24/9/2022 11:39

Ireland running out of options. Shell has just quit a really big offshore wind project.

[ashtonl] 23/9/2022 09:42

Once the placing shares and flippers are done this will really move IMO

[ashtonl] 23/9/2022 09:22

One discovery to flow. And one huge appraisal to drill and flow. In the presentation. 135bcf is worth £2.67 per share. The appraisal is to flow 295 to 708 bcf. This isn’t a discovery drill. It’s been proved up and resources booked. 2 flow test straight after, followed by a production test. Exciting times for this company.

[mariopeter] 23/9/2022 08:32

Just waiting on the license to drill which takes up to 60 days (according to the Government website) and PRD RNSed it was completing the apps on 19th July. Star Valley rig ready to go on Company instruction. Materials were sourced in July too.

[mariopeter] 21/9/2022 09:32

Thanks RD but PRD existing licenses at Corrib and Kinsale are not progressing along those lines.

[ride daice] 20/9/2022 19:20

hTTps://www.gov.ie/en/consultation/dbe14-review-of-the-security-of-energy-supply-of-irelands-electricity-and-natural-gas-systems/ The Policy Statement confirmed that whilst no new authorisations for new exploration will be granted, existing authorisations are not affected by this change. Holders of existing authorisations can continue to apply to progress through the standard licensing lifecycle stages towards a natural conclusion, which may include expiry,relinquishment, or production. Any applications for follow-on authorisations or applications to undertake offshore activities under an authorisation are subject to Ministerial consent and must continue to meet environmental, technical, and financial criteria as appropriate. Applications for petroleum authorisations are assessed against a number of criteria in accordance with Section 9A of the Petroleum and Other Minerals Development Act, 1960 (as amended) and Section 3 of the Licensing Terms for Offshore Oil and Gas Exploration, Development and Production. I intend to read the document in detail when time permits but it doesn't look like a game changer for gas exploration.

[mariopeter] 20/9/2022 15:45

From what I can glean, Corrib is down to around 40% production capacity. Expansion at Corrib is not listed as a possible solution to the current problems in the latest Government report which is now btw open to public contribution; although current operators at Corrib wish to be allowed to drill deeper in Corrib North. Should do what the Yanks do and their moto....."drill baby drill". Timing is out on the renewables but every country seems to get this wrong. Just sense that Predator drilling licenses in Kinsale and Corrib South ought not be ignored given proximity to infrastructure and existing/historic gas resources and production. Given that the "greens" will not like paying huge increases in their home energy bills and further that licenses were actually granted by Government then resistance from the "greens" can be blown away by pointing out lower carbon emissions from indigenous gas supply. Be interesting to see how it is managed. Bit of a no brainer but within politics who knows.

[jungmana] 20/9/2022 14:15

hTTps://twitter.com/PredatorOilGas/status/1572187423618248708?t=qcjeYAU0VtIpJuiwuGa4Jw&s=19

[jungmana] 20/9/2022 14:02

What happened Londonboy? Lol!

[jungmana] 20/9/2022 08:13

Excellent, I think 10p this week

[pro_s2009] 20/9/2022 07:17

Very good news for Mag Mell

[mariopeter] 18/9/2022 09:14

Ireland, Sweden and UK stand out but Ireland the winner! Perhaps they have some other plan?: https://viborc.com/europe-gas-storage-reserves-capacities-by-country-daily/ Guess not a good time to fill up a reserve when energy prices so high but have a word with Predator as they can fill up Kinsale gas caverns from South Corrib at a fair price!

[pro_s2009] 17/9/2022 01:39

Quickly removed......

[jungmana] 16/9/2022 15:51

Account created today just to post rubbish . There you go into the filter box

[bad gateway] 16/9/2022 07:41

So the slimey politicians want to turn every convo on an LNG terminal into one on fracked gas instead. Should hang the lot of them (after a fair and equitable trial of course).

[pro_s2009] 16/9/2022 07:29

https://freshgooglenews.com/what-are-floating-lng-terminals-and-are-there-any-plans-to-install-them-in-ireland-the-irish-times-fgn-news/ What are floating LNG terminals and are there any plans to install them in Ireland? – The Irish Times Russian President Vladimir Putin’s war on Ukraine and his militarization of gas supply has prompted several European countries to seek temporary floating liquefied natural gas (LNG) terminals to ensure they can keep the lights on. this winter. Ireland, although less dependent on Russian gas, is reviewing its security of supply. There has been reluctance in the government, mainly led by the Green Party, to adopt LNG due to fears that some of the gas will be extracted through the controversial and environmentally damaging practice of hydraulic fracturing. A proposal by a private developer, New Fortress, to build a permanent LNG terminal on the River Shannon is backed by some in Fine Gael but opposed by the Greens. Other proposals for floating storage and regasification units (FSRUs), similar to those introduced in a number of EU countries, have been abandoned or received little government encouragement. FSRUs are large vessels that can store LNG and convert it from liquid to gas and can be connected to gas pipelines in ports. Germany, heavily dependent on Russian gas, has chartered five of the roughly 50 existing FSRU vessels and plans to spend up to 3 billion euros on floating terminals over the next decade. There were proposals for an FSRU at the Port of Cork put forward by a company called Next Decade, but these plans never materialized. The S&P Global Commodities Insights website reported in January 2021 that the company had decided to put development on the project on hold, according to executive Patrick Hughes, “due to heightened uncertainty in Ireland’s evolving policies regarding the ‘import of LNG’. The managing director of Mag Mell Energy, which has proposed another LNG project involving FSRUs that would use existing pipeline infrastructure on the spent Kinsale gas field, said his company had been “blocked” by the government. Paul Griffiths said there had been ‘no proper engagement’ from the Department of the Environment regarding his plans. His company said the potential decommissioning of the Kinsale pipeline should be taken off the table and wants government buy-in to its LNG proposal. Mr Griffiths suggested that had the project been implemented when it was first proposed in 2020, “this winter’s energy emergency and price inflation could at least have been ameliorated”. In response to Mr. Griffith’s comments, a ministry spokesperson said there would be a public comment period as part of the energy security review, and that this would provide stakeholders with an opportunity to put forward their points of view. He said a May 2021 government policy statement on fractured gas explained how, pending the outcome of the review, “it would not be appropriate for the development of LNG terminals in Ireland”. Mr Griffiths expressed frustration with the policy, saying his project would not use fractured gas. The Department of the Environment explained how requests related to the decommissioning of Kinsale infrastructure were being considered, including leaving the pipelines in place. [ Michael McDowell: We have legislated ourselves into a corner of complete energy dependence ] [ Factory ships to double gas capacity in Netherlands ] A spokeswoman for Minister Eamon Ryan said it would be best to wait for the Energy Security Review to be released next week when asked if Mr Ryan would allow the use of LNG or FSRUs in the future. She said the term LNG only refers to how a gas can be stored in liquid form. Mr Ryan had previously said state-owned storage capacity should be available to the Irish in the event of a supply disruption. On Wednesday, Tánaiste and Fine Gael leader Leo Varadkar called the Green Party’s position on LNG “more nuanced” than how it is sometimes portrayed. He said Ireland was ‘in a relatively good position when it comes to gas security’. “We have gas from Corrib off Mayo and we have two interconnectors from the UK,” he said. However, he noted that the Corrib field was running out and said “you never know what might happen to pipelines coming from the UK”. “So to me it would make sense to have an additional source of supply, to have LNG gas storage, to have another way to get gas to the island,” he added. .

[pro_s2009] 16/9/2022 03:09

And there of course, is PRD......with Mag Mell who are offering "non-fracked" FSRU option............. https://www.irishtimes.com/politics/2022/09/15/ireland-has-not-joined-other-european-countries-in-seeking-floating-lng-terminals-amid-energy-crisis/ .

[ride daice] 15/9/2022 12:43

I think PG is the only geologist I know of who doesn't need a rock hammer.

[pro_s2009] 15/9/2022 12:19

Good interview... Paul telling it as it is... No BS.

[pro_s2009] 15/9/2022 12:18

Direct click link https://youtu.be/WYx9MV6wRv4 .

[jungmana] 15/9/2022 11:57

hTTps://youtu.be/WYx9MV6wRv4

[nametrade] 15/9/2022 11:42

Here is latest interview...today.. hxxps://youtu.be/WYx9MV6wRv4

[pro_s2009] 15/9/2022 10:17

On the up again......expect this to take off when some definition/confirmation comes on spud plans.