Predator Oil & Gas Share Discussion Threads

[ride daice] 06/7/2021 07:32

Maybe it helps to read the RNS ?

"a cemented completion was run whilst the well is being evaluated."

[hermana3] 06/7/2021 07:29

Test what? Not even a wee dribble of owt...

[john henry] 06/7/2021 07:29

I've no doubt the market will sell this down short term,however med term not understanding the bigger picture.

[thatsmart1] 06/7/2021 07:27

No smaller rig to test the well then.

[sos100] 06/7/2021 07:26

Bet you (and few others)will change your tune once they start drill the next APPRAISAL well in a few months time....

[hermana3] 06/7/2021 07:26

Them MM's are busily sharpening their pencils. Timber.....................

[2prsimo] 06/7/2021 07:26

Unlucky guys - but it's the risk you take when holding a full position through a drill.

[spawny100] 06/7/2021 07:23

Ah come on John don't pretend this is a good result and is what they were after. That's just silly. The market will tell us who is right.

[pro_s2009] 06/7/2021 07:23

Probably 5p will provide support during the coming sell off.

[sos100] 06/7/2021 07:22

Pro - i can now see why some have been having a go at you on txp thread!

[hermana3] 06/7/2021 07:22

Drier than a Dutchman's wit!

[hermana3] 06/7/2021 07:20

UUGH not good!

[pro_s2009] 06/7/2021 07:19

Duster it is :



.

[john henry] 06/7/2021 07:17

Initial wire logging results look great, more intensive evaluation of the the drill required over the coming days weeks.Also validates their pre drill model.Looks like a few on here don't understand today's RNS.

[jungmana] 06/7/2021 07:11

My thoughts too. I think the news is not as wished . Let's see what the market makes of it

[sos100] 06/7/2021 07:08

Forward plans

The occurrence of good gas shows in MOU-1 with evidence of thermogenic gas migration supports in this part of the Guercif Basin the pre-drill geological interpretation for a deep gas "kitchen" connected to shallower reservoirs by large faults.

Based on these positive results the Company will be proposing to its partner to drill the previously defined MOU-4 location later this year to the northeast of MOU-1, and to commission an Environmental Impact Assessment (EIA) over the prospective area around the MOU-4 location which will also incorporate information from the existing EIA.

"Based on the positive indications of the presence of gas in MOU-1 we are now proposing to drill again later this year.”

--

gas shows at different points ,looks pretty good to me

[spawny100] 06/7/2021 07:08

Market won't like that. Gas shows are disappointing and not what they were hoping for.

[2dinvestor] 06/7/2021 07:07

Morning all. Today feels like a good day :0)Great result, well done to Paul and the team!

[2dinvestor] 05/7/2021 17:15

And a cheeky uncrossed trade at the end there to make today look worse than it actually was. The waiting continues....

[2dinvestor] 05/7/2021 16:32

Agree with that. Dusters elsewhere making a few sweat.

[spawny100] 05/7/2021 15:38

I seem to recall TXP drifting down prior to decent drill results from Coho and Cascadura. If it was a leak I think there would be more volume concentrated in a short time period.

[john henry] 05/7/2021 15:32

Peeps continue to derisk. Unlikely to be any leaks.

[john henry] 05/7/2021 15:30

Really, well you were the only one lol

[ohdearohdearohdear] 05/7/2021 15:29

What a creep.