There is new presentation out states the timelines of projects and then Paul is doing a presentation and q&a Thursday so plenty guidance this week will be |
Looking forward to the drilling of MOU 5 but I have to admit the delayed or lack of news on previous wells should have put me off this share by now. Ireland and the Caribbean offering a degree of protection to the share price. I keep putting my Pantheon Resources profits in Predator as it gets cheaper but now I'm overweight in a company that happily treats shareholders as mushrooms. Some guidance on where we are wouldn't go amiss. |
More has been learnt since the IPR ascribed a 12% cos that is why the Company have stated a 50% cos. The discovery in the Jurassic was made in the MOU 4 drill and further derisked the target significantly. They liked the porosity too. We can learn more on Thursday. The biogenetic gas game is not over either. They have not even flow tested the M1 sand and the IPR felt it should flow if they can circumnavigate the formation damage. Might be another drill there if sandjet struggles at M1.There will be plenty of MOU drills but hopefully that will be a major drilling them!The 2023 annual report refers to 29 targets in Guercif! |
7494 possibly because many will be looking at past history and projecting into the future and expect to see something like "We look forward with excitement to drilling this potential company-changing well at MOU-27" in around 2035. Zzzzzzz. |
Mariopeter worth remembering COS 12% |
Not sure I understand sellers today when we have such a massive drilling event next month. |
90p would be good Helpfull |
At the tea leaves again eh hopefull. |
The force is strong here.
It's going down towards 4p on the long term Bollies:
free stock charts from uk.advfn.com
I have a niggling, itchy feeling that my £58.90 target might be a little way off.
Be careful. |
Herecomesthesun
I see you finish the majority of your posts the same way all over advfn. Can you not do better than that?
Looks like PG is securing a bit of cash-flow if the wax treatment works. |
RNS Acquisition of majority shareholding in Caribbean Rex Limited ("CRL") |
Market selling on the news. Lots in the presentation:
It is clear though that DIVESTMENT will be happening (even Moroccan local industry LNG so no more chat about lorries etc). I like all of that.
MOU 3 has been a mess with zip gas at surface. Obviously a blockage as plenty of high pressure during the drills. The shallow bit behind the casing (A sand) is pretty good for LNG even if the deeper biogenetic disappoints.
Not really that excited about T and T or for that matter helium (yet) but very excited about the MOU 5 drill. Think I would like an assurance on Thursday that sand jet testing will immediately be applied to any increase in the discovery in the Jurassic. Appreciate the helium could dwarf the methane and T and T cash-flow will help.
Love PG's exit plans.
Market continues to be lousy but alas PG now doing stuff that it can't ignore. |
Just delays, markets don't like them or uncertainty.
Normal oil business delays, supply chains etc.
Let me buy some more at the end of month hopefully |
When it comes to progress and crucially, doing what you have previously said you will do, I think the market thinks it's PG who is taking the.... |
At these levels Buy buy buy! |
this is just a lifestyle company
if they had anything youd have know about it by now
AVOID 2p |
Theres nothing here
get over to GEX if you want a real chance of a 100 bagger gl |
Have been out of this for a few years now but it seems he never fails to disappoint. |
It does look like more of the same. |
Another presentation of mince to look forward to, not one shred of responsibility will be taken for the mess PRD are in, it'll all be Shareholders / Lonnies / Moroccans / Rastafarians or the Irish to blame...imho |
And link to Thursday presentation. |
RNS MOU5 to be drilled 25th Feb |
 donalb, lse, 23:25
17jan
[there appears to be a block on highlight text and copy]
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18jan
'Predator Oil & Gas, an emerging player in energy exploration, is preparing to drill a new well in its onshore license in Guercif, a promising region for natural gas. This project is part of an ambitious strategy aimed at confirming the significant gas resources identified during previous exploration campaigns.
A site with high prospects
The Guercif license, located in northeastern Morocco, is strategically positioned near the Maghreb-Europe Gas Pipeline. It offers potential access to local and international markets seeking clean energy. Predator has already conducted detailed geophysical analyses, revealing formations that could contain significant gas reserves.
A strategic drilling
This new well, planned for the first quarter of 2025, targets specific structures identified during seismic campaigns. Previous drilling has confirmed the presence of high-potential zones, reinforcing expectations around this next crucial step.
A bet on clean energy in Morocco
Morocco, strongly committed to the energy transition, represents a major opportunity for companies like Predator Oil & Gas. The increase in demand for natural gas to power local industries and power plants makes Guercif a strategic region for the country's energy security.
On the way to production
If the drilling results are conclusive, Predator Oil & Gas could move quickly to the development phase, paving the way for commercial production. This would position the company as a key player in the Moroccan energy sector while stimulating the local economy through job creation and massive investments.
The drilling of this new well in Guercif is a defining moment for Predator Oil & Gas and a crucial step in the exploration of Morocco’s energy resources. The industry and markets will be closely monitoring the results of this promising campaign.
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thanks to poster above for sharing |
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