Predator Oil & Gas Share Discussion Threads

[hulltiger] 25/4/2019 07:26

Excellent and with WTI at near year highs, all bodes well for the next piece of news from Trinidad.

[2prsimo] 25/4/2019 07:23

Nevertheless, still an excellent RNS - shows the huge potential - very good value at this level, given the three projects are all bubbling along nicely.

[s34icknote] 25/4/2019 07:17

Seismic surveys ! Not actually drilling results . Sicknote

[eggchaser] 17/4/2019 19:54

Yes we are disappointed too - red tape for you but T&T are no where as bad as Spain from a CERP perspective!The approval will come soon enough!

[2prsimo] 17/4/2019 15:52

Reading the CERP rns it looks like the timeline has slipped again for Trinidad - now stating late Q2, early Q3 for planned CO project to commence. Still waiting for the necessary approvals. Very disappointing to be honest.

[backbone and clingfilm] 16/4/2019 14:03

Is EOR (En­hance Oil Re­cov­ery) part of your strat­e­gy go­ing for­ward and if yes what will be the time frame?

EOR, is the process of re­cov­er­ing oil not al­ready ex­tract­ed from an oil reser­voir. To an­swer your ques­tion di­rect­ly, yes, EOR is a sig­nif­i­cant fac­tor in Her­itage’s strat­e­gy mov­ing for­ward. Her­itage is fo­cused on im­prov­ing cur­rent EOR op­er­a­tions and in­creas­ing op­er­a­tional scale to steam flood­ing EOR tech­nique in ad­di­tion to work­ing with part­ners on a CO2 in­jec­tion EOR project.

[2dinvestor] 12/4/2019 16:07

If Arato has started to convert their loan into shares, I take this to be positive sign for Morroco prospects. IMHO and DYOR.

[2dinvestor] 11/4/2019 09:59

I'd take a guess at the next news being trinidad. In the last update they said the CO2 delivery window had been extended to the end of April. It would be great to get confirmation soon that it has now been delivered and consent has been given to switch on the pumps.

[2prsimo] 11/4/2019 09:31

Has to be one of the cheapest and most attractive junior oilers around - three really decent projects and at different stages of advancement - so you get a regular flow of news.

[backbone and clingfilm] 10/4/2019 16:30

Malcy update today


Predator has announced an extension to the term of the Licensing Option 16/30 (LO 16/30), Ram Head until 30th November 2019 subject to carrying out a work programme of 2D seismic. The company
are re-evaluating the Marathon gas discovery of 1984 on 49/19-1 with updated techniques, modern technology and new economics of local gas markets.
An updated CPR has been commissioned to assess and validate the development concept and will be released ‘within the next few weeks’ and the company believe that 49/19-1 could potentially be the largest undeveloped gas discovery offshore Ireland. It is worth noting that the previous CPR from 2018 showed Best Estimate and High Estimate Prospective Gas resources net to the Company of 508 and 1,370 BCF respectively and scoping initial production rate 400 mm cfgpd to recover 1 TCF of gross gas in 11 years.
This is very good news from Predator who are moving ahead on a number of fronts with recent announcements from all parts of their portfolio. CEO Paul Griffiths says in the RNS that ‘the CPR is an important milestone to independently validate the potential of Ram Head to become a real game changer and to provide the catalyst for further progress’ and who could argue?

[2dinvestor] 10/4/2019 08:10

And look at the volume this morning. Even after the recent price moves this share is still off most people's radar.

[greatfull dead] 10/4/2019 08:02

Interesting...

GLA,
GD

[adorling] 10/4/2019 08:00

RNS: “The upcoming CPR is an important milestone to independently validate the potential of Ram Head to become a real "game-changer" and to provide the catalyst for further progress."

Exciting future.

[2dinvestor] 10/4/2019 07:13

Hopefully this morning's news will stop us going back to the 6s. And looks like further extensions will be possible (although interfering politicians always make me nervous ).

[cl0ckw0rk0range] 09/4/2019 21:52

Still waiting, nearly there.

[2prsimo] 09/4/2019 11:46

What a crock - could be going back into the 6's at this rate of decline!! - mm's have played a blinder here - sucked in a lot of folks in the 10's,11's and 12's - naughty.

[hulltiger] 09/4/2019 09:08

Good morning, unfortunately I do not know the answer to that one. However this has not happened overnight and I am sure Paul has a plan of action. He has always spoke about the huge infrastructure put into place for current and future exploration and the opportunity for M an A.

[2dinvestor] 08/4/2019 16:34

I was going to ask how it affects firms that currently have an option. Paul was complaining about waiting 8 months for approval for an exploration licence. Would a ban prevent that being awarded Hulltiger?

[hulltiger] 08/4/2019 16:26

Isn't it for new licences?

[2dinvestor] 08/4/2019 16:05

Not helpful re Ireland, but trinidad & morroco still make this share worth holding IMHO https://www.thejournal.ie/oil-and-gas-exploration-ban-ireland-4565618-Mar2019/

[2dinvestor] 07/4/2019 14:51

I haven't got L2, was that late reported large trade actually from Friday, given the price?

[sull75] 06/4/2019 16:50

Chris Oil is definitely not someone to listen to, he is a very unsavoury chap.