No ohodear,
If you back check dates on the satellite:
20/1/2024 Site preps look ready to go on 20/1/2024
17/4/2024 Site cleared
23/7//2024 Site ready to go again
30/8/2024 Site suddenly cleared and was expecting an RNS.
6/9/2024 Site clearly being prepared again
Correlates with RNS's and just from this I can see testing has occurred at MOU3 between 23/7/2024 and 30/8/2024 and feel being prepared again 6/9/2024.
From RNS 6/6/2024
"Following completion of the MOU-3 rigless well testing a decision will be made to move to either MOU-1 or MOU-4 next to perforate the TGB-2 Sand and the Moulouya Fan sequence respectively.
A carbonate interval in MOU-4 has also been selected for possible perforating with Sandjet in order to calibrate the NuTech petrophysical log interpretation over this interval which is located at the extreme edge of the Jurassic structure to be tested by MOU-5"
Have to say I have not been observing MOU4. No link if anyone has or even MOU1 could I have please? |
MP, reading your previous posts, am I right in deducing that you think testing on MOU3 didn't commence until the start of September? |
Thanks MP
Much appreciated
Will forward on |
Morning PV
Same but maybe filters different. I can see a rebuilding of what looks like the bottom of a square in last two days immediately south and southeast of the well. When this has happened before we have begun testing. Do a backcheck to January when we were testing and the to start of August if you change the dates. |
Hi mp
Which satellite website are you using? A guy on lse has been using copernicus sentinel 2 but has had cloud cover for that one....so cant concur with your observations...
Thanks in advance
Pv72 |
Looks like they are now going back to MOU3 to do more work as the landscape from satellite indicates that.
That would make sense if they were cross testing with MOU4. Hope so anyway. |
Slight concern that no evidence of flaring has been witnessed. |
Well Helpful the time is near for you to be exposed as a prophet or a total idiot. Your expectation that testing has not started is wholly inconsistent with satellite images on MOU3. Lack of share volume is because it's all exceptionally tight. Remember we are fully listed not AIM. Be careful cause we invest in oil and gas to be careful............... wholly discredits your posts. |
 @helpful. I find some of your comments very odd.
1. Entry to the 1st Extension period. The RNS of 8th August clearly states "Operational planning has now re-commenced, with the regulatory process concluded." In case English is not your first language, this means that the licence has been awarded, and everything is going ahead.
2. "Has testing started yet?" Lonny's tweets of 7th & 8th August clearly show that all the necessary equipment is on site, as is the Baker Hughes specialist CTU & SandJet operating team. Ground level testing of the SandJet perforator was ongoing, and the only further setup required was positioning the CT inserter tower onto the Christmas tree, using the onsite crane - requiring only an hour or two. The borehole would then be checked and if necessary (but very unlikely) cleared of any debris. Then the bore would be re-logged to account for the differences in thermal and tensile expansion of the CT compared to the original drill pipe. These preliminary activities would take 3 days in a worst-case scenario. Since no one would leave expensive equipment and staff doing nothing, that means that actual perforation and subsequent flow testing would have started at latest on Monday 12th August. "Extensive operations at MOU-3 are anticipated to last for at least five weeks" so expect a results RNS next week at earliest, w/c 23rd September latest.
You seem to mistakenly believe that the current share price and buy/sell activity are reliable indicators of future performance, when everybody else seems to know that this is incorrect. Since you clearly do not understand very much about investing, the oil & gas industry, and about the operations of Predator in particular, why do you continue to write so many posts that only serve to make you look foolish? |
floe test?? You're expecting icebergs? |
This CEO is an absolute bellend. He needs to go or floe test these wells and show us what`s down there, I only have punt money in so could not care less, but he is a tool. |
The force is strong here.
"the probabilities are in our favour"
Not the 12% CoS.
Has testing started yet?
The daily share volume says not.
"Confirmation of entering the First Extension Period requires obtaining the required statutory approvals under the form of an order executed by the Ministry of Energy approving the extension to the Exploration Permits into the First Extension Period"
What does that mean?
Be careful. |
Not much speculative buying |
Lots of differing sands and high pressure being tested.Have to say probabilities are in our favour. Bottom of MOU 4 is a massive bonus. |
Be some crack in the share price if it doesn't flow. |
Be some crack if they successfully flow the bottom of MOU 4. Market seems clueless on what's going on here or the numbers involved. |
Yes definitely be'atches on the lse site, and spitefully zealous.. |
Beware....easybrent is BeanCounting on LSE....last post is word for word identical to entry on LSE site. On the other site, they post disingenuous guff to promote FUD. When rebutted, they simply ignore and try to find another wholly negative angle. |
Probably want to flow test bottom of MOU 4 before drilling MOU 5.
Site very different at MOU 3 on satellite on 30th August. |
Probably want to flow test bottom of MOU 4 before drilling MOU 5.
Site very different at MOU 3 on satellite on 30th August. |
Sound has completed the work with Star Valley Rig 101 but what is strange is that Sound is writing that it will be stacked at their site at no cost.
"The rig will be stacked at the TE-7 site, at no on-going cost to the Company."
If PRD wanted the rig, there would be reason to stack it at Tendrara. I wonder what has happened to PRD statement about drilling MOU-5 as soon as they have a rig available. |
Lonny's tweet of early August 6th -8th August shows sand-jet ready to go at that time.
Does not take nearly a month to work out if you can breach formation damage. Must be measuring up flows. |
Crikey I am sure I saw a pro2000 account being set up August 2024. Gone now.
Proselenes behaves a little like Pro2000 with similar interests in HE1 PRD and TXP. Could be wrong of course. |
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