You expected them to predict and forward adjust for the earthquake? |
And this is the problem, they always make the mistake of setting dates and not once have they adhered to them. Really is a pet hate of mine. |
thanks keith.
'Geochemical source rock quality and maturation studies, including evidence for migrated gas, for the Jurassic section penetrated in the MOU-4 well are expected to be completed in September.'
next news? |
Oil & gas are formed when the organic content of rock is heated under pressure within the earth. You all knew that already. Very roughly, oil can be formed between 60°C - 100°C, and gas between 100°C - 200°C. Most of you knew that. Temperature increases the deeper you go, but this geothermal gradient is not uniform everywhere. The steeper the geothermal gradient, the shallower any oil or gas is likely to have formed, and so any potential reservoirs are likely to be closer to the surface, and thus cheaper to drill.
On Twitter, soon to be ex-X, I have posted a geothermal gradient map of Morocco. There are prizes for spotting where PRD are operating - but you have to be a shareholder to claim them.
Source:
A. E. Barkaoui, Y. Zarhloule, A. Rimi, M. Verdoya & S. Bouri
Environmental Earth Sciences volume 71, pages1767–1780 (2014) |
PRD Is not performing for It’s Shareholders |
This stock is just Not performing now! |
You chart gazers like back testing your lines anyhow don’t you? |
One step forwards and two backwards!! |
Very large volumes of gas with zero geological risk (cpr) and Qataris about and our ceo in unusual silence is why I sit here loaded up. Does it get better? |
That was a good lose yesterday and hopefully we push higher today |
➡️
145;️➡️ 👓 ⬅️013;️⬅️ |
The force is strong here.
The thin end of the wedge is showing signs of decay:
free stock charts from uk.advfn.com
The share price has managed to move higher and broken out of the wedge (on the fourth attempt).
Today saw a rise to test the medium term moving average, and a quick fallback.
The short term moving average might be on the cusp of a move upwards.
A change is happening, ever so slowly.
Be careful. |
I think GRH is getting excited for a reason. Good news close now 🎉🎉127881; |
late reporting of trades shouldn't be allowed |
The placing should be Well left behind now !! It’s Delays that are making this a misery to Hold , on past record it Looks like old habits are showing their face again! |
Markets need more than Hot Air here.. |
Hit the resistance line With as much punch as a wet rice pudding !! 😉 |
Decent buying today. |
Wonder if the CEO Can explain why the SP Has dropped nearly 50% And a placing that is talking Months to clear apparently lol |
Looks like it’s breaking South , hit the resistance Level not enough in the tank to take this higher and a CEO who talks it up then we get delays doesn’t help |
Looks like breaking north. If you are not a chartist don't worry about it. Thanks for the chart Helpful. |
I agree, Nothing more than a Running commentary… No real commitment on anything other that it could go either way .. Waste of time , no real Skill or knowledge in that, |
Will the share price have the momentum to push higher?
Or relapse to the lower edge of the wedge, and the long term moving average, again. Don’t the charts tell us that? What a waste of time, it is worst than the weather forecasts lately, it may rain tomorrow or it may be sunny. As a Chartist you should tell us what you think is going to happen, if the share price goes up this week, or if it falls, you will say “As I predicted” |
grh-get to your seat-sit down-bloody well stay put-[paraphrased] |