What’s all the black stuff at MOU1? (Adon30, LSE, 13.06) |
after the 200k buy at 11.5, it was mostly sells
i don't know if the 200k and 300k since, are sells, or if the price was run up to attract sellers to fill them buy orders
T+9 to T+11? |
 Gross 4 mm cfg/day generates PRD net US$7.8 million pa after tax.
Gross 34 mm cfg/day generates PRD net US$66.1 million pa after tax.
Extrapolating those from the presentation
Gross 50mm cfg/day (thought CNG market size) would generate PRD net US$97m pa after tax just from CNG.
Thought P50 910BCF in last presentation before drilling MOU 3 and 4 which were actually bigger. That would be 50 years of gas at 50mm cfg/day. Not happening over 50 years so would expect gas to power to kick off with the CNG and possibly sales to Europe as well. Squeeze that into a 15 year cycle so producing 166mmcft/day (50mm cng +extra 116 mm).
The extra 116 mm cft/day to Europe would reach a turnover of 607m Euro per year (49 Euro /MWhr) onto the above CNG numbers for example .
But think there is much more than 910 bcf there. We'll know more from the CPR in November. How many really cheap producer wells will be needed?
Corporate event coming and many will be interested owing to fiscal backdrop.
Then there is the huge Jurassic and rest of the license. Will the Jurassic flow who knows but Paul G will have a better idea after the outcrop field study.
562m shares in issue plus some options.
Just need to know it is not all clogged up everywhere. Not what the CPR says. |
the bid is near 11.3?
can vol get to 5-8m? |
Looking positive..... Is she flowing.... Guess yes |
Party time! Big Gas coming |
trades 25 26 27
highly likely just 1 trade
the other 2 recorded as pos and neg to cancel each other out
unfortunately they all get added to cumulative sell total |
Nice to see MARX move off the offer, at last, and on to the bid...
Looking good for a move up!!!
gla |
The force is strong here.
The Bollies are getting tight again:
free stock charts from uk.advfn.com
Almost as tight as June 2023 when a 3 fold increase in the share price resulted following.
There is a big change approaching, up or down.
free stock charts from uk.advfn.com
The share price and the short and medium term moving averages are sitting on top of one another. It would not take much for them to be aligned and move in an upward direction. The long term moving average is continuing to move steadily upwards.
The MACD and Exponential moving average are aligning for a move upwards.
Has all the manipulation come to an end?
Be careful. |
fwiw, copied from lse, [as i'm not registered with twitter]
--
ROB has just received this email:
🔧 Authorized Gas Tester 🔧
We are excited to announce an exclusive opportunity for professionals in the oil and gas industry to enhance their knowledge and skill set through our upcoming course -
"Authorized Gas Tester."
😉😉😉
--
[in response/lse]
privatetesla - That refers to the introductory course offered by the energy chamber of Trinidad & Tobago on 17th November. |
kq1, topped up yest, not worried, thanks for your take |
To add some additional perspective, if you take a look at Fig. 3-25 on p.45 of the latest CPR (p.138 of the whole Prospectus),
hxxps://wp-predatoroilandgas-2020.s3.eu-west-2.amazonaws.com/media/2023/08/20230810-Project-Allossaurus-Prospectus-FINAL.pdf
you will see that they have allowed three weeks for Sandjet testing of each bore. PRD are currently testing a smaller number of targets per bore, which are larger and therefore easier to locate and perforate, using a standard penetration gun that is a bit faster than Sandjet. Maybe my suggested 7 days per bore may be a bit too short, perhaps we should allow a few extra days each.
My knowledge of testing is rather out-of-date - hopefully there are folks here who can give us a second (and better) opinion? |
@wrtmf - You would only do something like a 30-day flow test if you have a bore that is fracked / low porosity / low permeability / into a small reservoir. With the conditions that are likely at MOU-3 (excellent poroperm / huge reservoir / overpressure) an intermittent test would be adequate - a few hours on, a few off, repeated 3 or 4 times. However, they still need to set up & calibrate equipment, do the wireline to double check the depths of zones of interest, and presumably run transient pressure tests to get an idea of reservoir volume, plus take sidewall cores so that they can relate poroperm to pressure.
This is why I has earlier suggested 7 days for each of MOU-3 & MOU-1, plus 3 days for ONHYM to approve what is likely to be a very important announcement. If they are going to announce just MOU-3, then I expect to hear something this week. If both results together, then end of next week or beginning of the week after. I think a lot of people are getting ahead of themselves and worrying too much. |
if its sooner, great, but i'm thinking a result well into november, on the basis that anyone prepared to buy gas at well head is going to want a lot of sustained pressure flow data. how much is sufficient?
[satellite image updates every 2.5 days according to keithoz] |
They are testing they must be and I would imagine news in the next few days latest early next week.
Good Luck :) |
trade vol is low. a small obs from yest, trade 49, 150k sell, the sells went ahead by 370k, the buys rallied to reduce the deficit to just 31k. red finish
which direction until result?
free stock charts from uk.advfn.com |
Because this is an open ended statement "The Company will provide an update if there is any change to this date."Because there is recent history of failing to provide an update regarding testing delays. They aren't exactly quick about it are they. |
If it is only 20p that would be disappointing |
thought there would be no rally to flow tests
2p or 20p take your pick on the outcome |
"dave44423 Oct '23 - 13:02 - 6209 of 6209
0 1 0
I would have we would have had a progress update by now"
Why? |
I would have we would have had a progress update by now |
a significant development amongst significant announcements would be if predator are able to hold on to the logging unit enabling the sandjet bods to come in and proceed |
PRD is main market, but sentiment is similar.
AIM market fast approaching Covid crash lows.........when is the trend going to break and upwards its goes ?
free stock charts from uk.advfn.com |
NickNorth
RE: Satellite Links Today 10:04
Just to complete review of all the pads:
MOU2 seems to be showing additional "stuff" on pad on the 20th satelite image against the 15th.
MOU4 is obscurred by cloud on the 20th so unable to identify any changes.
Further pads - the pad contruction for MOU1, 2, 3 and 4 are all consistent in size and colour when viewed on the satelite images. So any new pad should be visible if contructed. Not been able to find anything concrete, yet! Hopefully next operation update will inform us whether PRD are planning, or already identified future drill locations. |
Register to chat with like-minded investors on our interactive forums.
Hot Features
Premium
