CHAR interview |
12 bcf !
Drama. |
sos100 -- it did, 14th on the highest %age winners board, up 8.57%
28/05/2024 07:0 LSE_RNS Chariot Limited Gas Discovery at OBA-1 Well |
The force is strong here.
"At its peak, the amount of gas covered by the contract with the international company “Shell” was directed only to the two stations that were no longer in operation"
The Shell contract gas comes down the pipeline from Spain.
Until a LNG import connection is ready.
Shareholders should not be confused.
All the new infrastructure is for import of gas.
Be careful. |
Should help PRD |
@westmorelad - I posted this on the CHAR lse board:
"Sorry, guys, girls & indeterminates, but MoroccoWorldNews has an unfortunate habit of presenting matters incorrectly - in this case, hope and intention are conveyed as actual achievement. Apart from the totally incorrect statements of the first three paragraphs, there are numerous factual errors throughout the article - some possibly the result of mistranslation. I don't expect the current drill to reach the upper prospect until the end of the coming week, and if that is successful, would reach the lower target a couple of days later. RNS wording would then need to be agreed with ONHYM before release." |
chewing gum and string outfit.
🤓 |
Chariot Oil & Gas Finds Major Reserves in Northern Morocco
Chariot Oil & Gas estimates 12 billion cubic feet of gas reserves in Morocco’s Dartois field, with plans for further drilling.
• Mahamadou Simpara
•
• May 25, 2024 12:40 p.m.
Great news for CHAR !! Will we be next ? We know the gas is there, will it flow in commercial quantities is the jackpot question. Only a few weeks to find out. |
Trop you are required on RKH |
Further to my post 6998 it's MOU 3 and possibly MOU 4 that has the shallow gas without formation damage.
By the 5th of June (amendment 4 to the license) there will be some significant change. Still think also MOU 5 coming in viz:
SOU financial report drilling activity "from June". Char 2 well program coming to an end in cc two weeks. SDX had a drill only recently too. PRD's turn imho. |
I think you mean PRD get it after SOU?SDX are drilling later in the year. |
You been they get it before SDX, even though they are contracted to have it after Char? |
Keith, heavy drill mud was used on MOU 4 and formation damage is predicted according to the annual report. Let’s hope sandjet does the job. No formation damage at shallower gas level....think that's MOU 4..
Chariot announced yesterday that they have p and a’d their first of two drills . I expect the drill rig back at PRD in cc 2 to 3 weeks for the MOU 5 drill. |
 Predator is operator of the Guercif Petroleum Agreement onshore Morocco which is prospective for Tertiary and Jurassic gas. The current focus of the exploration and appraisal drilling programme is located less than 10 kilometres from the Maghreb gas pipeline. The MOU-1 well drilled in 2021 and the MOU-3 and MOU-4 wells drilled in 2023 have been completed for rigless testing in early 2024. Near-term focus is on supplying compressed natural gas ("CNG") to the Moroccan industrial market. A Collaboration Agreement for potential CNG gas sales of up to 50 mm cfgpd has been executed with Afriquia Gaz. Further drilling activity is anticipated in 2024 to further evaluate the MOU-4 Jurassic prospect.
Predator is seeking in the medium term to apply CO2 EOR techniques onshore Trinidad which have the advantage of sequestrating anthropogenic carbon dioxide. The acquisition of T-Rex Resources (Trinidad) Ltd. ("T-Rex") is a first step to realising this objective. T-Rex holds the Cory Moruga Production Licence. Cory Moruga is a largely undeveloped near-virgin oil field of similar potential size to the nearby Moruga West and Inniss-Trinity mature oil fields. The Cory Moruga Production Licence is a potentially significant asset for the Company with the capability of generating positive operating profits in the near-term. Capital required for staged field development can be implemented potentially utilising operating profits generated from an increasing level of gross production revenues. Etc
hxxps://www.investegate.co.uk/announcement/rns/predator-oil-gas-holdings-npv--prd/result-of-annual-general-meeting/8201486 |
purple certainly comes across as particularly thick. The only thing he ruins on a daily basis is his grotty y fronts I reckon. |
heading down to 7s?
seems likely |
Your understanding is misplaced, it would seem. |
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