Predator Oil & Gas Share Discussion Threads

[theaviator] 10/6/2020 01:09

As ever on aim it is a bout timing really. I like BPC alot and have done well there but I do feel there will be a lull in-between news, and why actually I put my profits in here. I was lucky enough at BLC to have a 1.36 average so again it's about timing and the market just presented that wonderful opportunity as it did with a variety of oilies. I firmly believe by October time we will be in a different place. The "punt" if you like being Morocco as a cherry on top but this should do well regardless on our other two.

[thatsmart1] 09/6/2020 14:29

Your facts differ from those given by the CEO of BPC! I have an inkling they may know more than you. That said, I do not deramp here like you do about BPC, it's obvious you want to encourage sellers over there so you can buy in cheaper at a later date. On the other hand, I am long term here as well as over there.

[pro_s2009] 09/6/2020 14:25

LOL

You say the market wants facts, not possibilities.


BPC have not got the funds to drill a well yet. They may or may not drill in 2021. Everything is up in the air and many many months away, yet you think BPC is good !!! and PRD who are now on Phase 2 of the CO2 EOR in Trinidad with news due before September, and who will be drilling Morocco in September - and its all fully funded - and going to happen - this is too speculative and too far in the distance ??????

LOLOL :)

[cashandcard] 09/6/2020 14:25

Took a few more this morning. In my opinion, the current price offers a discount opportunity on where this should be in the event Trin EOR program returning positive data/flowrates &/or Morocco pushing ahead with drilling activity in field (even before a result is announced). There may also be a further Ireland update. Lots of news brewing in the background. I'm taking them at these prices while I still can.


Cash

[thatsmart1] 09/6/2020 14:16

Worth a listen as BPC are not just a one trick pony targeting a mere 3/4billion bbls but not an extra billion.


Simon Potter, CEO of Bahamas Petroleum Company (BPC) talks about the licence they have been awarded, offshore Uruguay.

[pro_s2009] 09/6/2020 14:08

Not really, the market is waiting for lockdown to be lifted, Morocco to be drilled and also a new update on Phase 2 in Trinidad.

These are concrete things, in progress, all paid for.

Just patience needed.

[thatsmart1] 09/6/2020 14:05

The market's not overly impressed. Big if's and but's yet nothing concrete and the market likes facts, not possibilities.

[pro_s2009] 09/6/2020 09:06

..........New Ireland project

Meanwhile, across the Irish Sea, a new FSRU project has emerged, with its developer stressing it would not depend on the import of fracked US shale gas -- a major point of contention for two other projects under consideration in Ireland because of environmental concerns.

Predator Oil & Gas Holdings -- best known for its upstream work in Morocco, Ireland and Trinidad -- intends to apply for an Irish LNG import license following the execution of confidentiality agreements with a global supplier of LNG and an owner of LNG regasification vessels.

A new subsidiary company, Predator LNG Ireland, is being formed to move forward with the contracting of an FSRU with a send-out gas capacity suitable both for the peak demand market in Ireland and for long-term security and diversity of energy supply.

"The FSRU solution will facilitate the import of LNG using gas feedstock from a transparent origin that is not dependent on fracking operations related to shale gas exploitation," Predator said.

Two other LNG projects are being developed in Ireland -- both with connections to the US gas industry.

The first is the long-delayed 5 Bcm/year Shannon LNG terminal in western Ireland under development by US-based private equity firm New Fortress Energy.

The second is the recently proposed 4 Bcm/year Inisfree floating LNG import facility in the south of the country under development by US LNG company NextDecade.

NextDecade -- founded in 2010 by the late US LNG industry pioneer Kathleen Eisbrenner -- is best known for the planned 27 million mt/year Rio Grande LNG export facility in Texas, which would provide LNG for the Ireland-based FSRU.

The Irish government has welcomed the prospect of LNG imports, which it has said would improve Ireland's gas supply security by providing import route diversity.

The expanding US LNG export sector would act as an obvious future supplier of LNG to Ireland given the relatively short distance between the US and Ireland across the Atlantic............

[pro_s2009] 09/6/2020 01:38

We have got rid of a load of weak hands, who sold up and moved to other shares, ignoring the fact the upside potential here is far greater than pretty much most other shares.

But, you need consolidation on the way up, weak hands to strong hands, and the share price will keep rising upwards in the months ahead.