Predator Oil & Gas Share Discussion Threads

[pro_s2009] 23/8/2022 11:35

Indeed, the most important thing....we are fully funded.

Cheap to drill, quick to monetise.

Should be 20p ahead of the MOU-2 drill results, and way way higher on success. Market cap still only 22m now.......crazy cheap.

And at any time Ireland could take off.

[chopsy] 23/8/2022 11:33

All to play for.

[chopsy] 23/8/2022 11:33

Plus new buyers now we are funded, once they spot an uptrend.

[chopsy] 23/8/2022 11:32

There may be plenty of lth in the 10p to 20p range looking to average down now.

[pro_s2009] 23/8/2022 11:02

L2 2 v 2

6.5 / 6.75

[pro_s2009] 23/8/2022 11:01

Off we go.......upwards

[bigsi2] 23/8/2022 10:07

Next stop 7pNews also due

[jungmana] 23/8/2022 08:39

Gad gas gas and with huge onshore resource which is cheap to develop , PRD is a good investment at this level. Placing done and last of the overhang to clear soon.

[bigsi2] 22/8/2022 14:31

There we go.Back at 6p

[goofedagain3] 22/8/2022 11:46

Don't know the excitement is about 8th September. Any important news which effects share price would need to be rns'd first wouldn't it? (Or released on Lonnys twitter account Lol). I'm sure the word 'potential' will feature a lot anyway. It all comes down to the results from drilling/testing and that's not happening til late September/October? Of course PG may have some earth shattering news re. Ireland but I somehow doubt it, as I feel we're way down the queue there. Anyways, alot of patience gonna be required here if there really is gonna be a pot of gold awaiting.

[helpfull] 22/8/2022 09:11

Same old same old with this type of company. Carrot on a string until September 8th. Followed by anticlimactic decline in share price. Guaranteed no news. Wouldn't shareholders prefer to hear today where the next drill will be, and when? Or is that too easy?

"Civil engineering works will commence this month to construct the well pad for the step-out well now designated MOU-2"

That was July.

Be careful.

[pro_s2009] 22/8/2022 07:07

Predator Oil & Gas Holdings Plc

("Predator" or the "Company")

Notification of Investor Webinar

Predator Oil & Gas Holdings Plc (LSE: PRD), the Jersey based Oil and Gas Company with operations in Morocco, Ireland and Trinidad is pleased to announce that Paul Griffiths, the Company's Executive Chairman, will be presenting at the Proactive One2One Forum on Thursday 8 September 2022 at 6pm (UK local time) and looks forward to meeting existing and prospective investors.

The presentation will be held at The Chesterfield Mayfair, 35 Charles Street London W1J 5EB.

To confirm attendance please find the registration link below :



For further information visit www.predatoroilandgas.com ,follow on twitter @PredatorOilGas or contact:

Predator Oil & Gas Holdings Plc
Paul Griffiths Executive Chairman
Lonny Baumgardner Managing Director
Tel: [phone]
[e-mail]

[tinker10] 21/8/2022 14:13

Helpfull - As you well know, financing without any proven reserves is difficult. If the gas flows from Mou 1 and or Mou 2, financing will easy.

All the noise around placings and management of the company will be just that, noise, if either well is commercial.

It has been proven that there are hydrocarbons within the licence area, the only questions are, how much? Will they drill in the right spot? Can they get them out?

Personally I believe there are large commercial reservoirs in the licence area, based on the geology that has been released. It remains to be seen if they can get at them, but the upside, with a current market cap of just c.£20m, is large.

[helpfull] 21/8/2022 12:50

Keep an eye on the cash.

Cash 31 Dec 2021 : £1,523,035

Cash raise 17 Mar 2022 : £1,035,000

Exercise of warrants 12 Jul 2022 : £143,252.88

Cash raise 17 Aug 2022 : £3,300,000

The figures for the two cash raises were gross. Allowing for a 10% reduction for expenses that gives a cash figure of £5,518,983.

Admin. expenses for H1 2021 were £929,070 and so the same might be expected for H1 2022.

For H2 2022 a reduced figure of £500,000 might be expected.

That would give current cash (to end 2022) as £4,089,913.

The MOU-1 well was successfully drilled, logged and completed within budget at a cost of US$3.3 million according to 28 Sep 2021 RNS. An exchange rate of £=$1.35 was in place on that date. Today £=$1.2, giving the cost of Mou-2 as £2,750,000. That would leave cash as £1,339,913. Remember the cost of Mou-1 did not include testing. The cost of testing Mou-1 and Mou-2 would need to be deducted from the £1,339,913 figure. As would any inflationary pressure on Admin. costs.

To drill any further wells cash raises would be needed. Extended well testing of Mou-2 and any CNG development would mean any revenues would be late 2023/early 2024 at best. Other sources of finance are touted but that has been the case for the last year or so.

Be careful.

[pro_s2009] 21/8/2022 12:21

A fossil fuel investment resurgence amidst Europe’s energy crisis?

With conflict in Ukraine and sanctions on Russia continuing to exacerbate supply issues, rising energy prices are fuelling new opportunities for private equity in the European oil and gas industry.

This squeeze on energy prices began last year as the post-pandemic recovery in demand for energy highlighted weaknesses in the transition to renewable energy, with dwindling oil and gas capacity causing prices to climb.

But are concerns over energy security and rising energy prices enough to make fossil fuels attractive as a long-term investment opportunity? Particularly as countries stand by their commitments to reach net zero, and investors increasingly focus on impact and ESG strategies?
Commitment issues

Commitments to reducing fossil fuel consumption and investment in oil and gas have been at the forefront of investors’ minds in recent years.

As European governments set increasingly ambitious climate targets, including the European Green Deal that pledges net zero emissions by 2050, so too are funds that are increasingly examining their role in achieving climate goals.

Last October, Dutch pension fund ASP announced that it was looking to divest €15 billion of coal, oil and gas assets by 2023. It joined some 1,500 organisations around the world that have pledged to dispose of $39 trillion of assets in the sector, according to data from DivestInvest.

Private equity investment in the sector also draws negative attention, particularly following the publication of the Private Equity “Dirty Dozen” report by the Private Equity Stakeholder Project, which listed the fossil fuel assets of 10 of the largest private equity groups.

However, energy prices are escalating at unprecedented levels across Europe as the EU tries to reduce its reliance on Russian gas imports. This has led to concerns about fuel poverty and shifting climate priorities down the agenda. As supply constricts, fossil fuels will remain a necessity until alternative energy sources are sufficient to meet demand.

Too lucrative to ignore

Private equity investors have taken advantage of rising energy prices as overall investment in fossil fuels in 2021-22 soared.

By the end of last year, buy-side deals totalled $149.3bn globally, notably including Sval Energi’s $1bn purchase of Spirit Energy’s Norwegian oil and gas operations, with backing from Norwegian private equity firm HitecVision.

This year has seen a continuation of international private equity interest, with $35.5bn worth of investment as suppliers responded to increased demand. Other investors have also sought to expand their reach in Europe, including Israeli conglomerate Delek Group’s $1.5bn acquisition of Siccar Point Energy.

Despite attempts at divestment away from fossil fuels over recent years, statements made in May by asset managers reflect how increased activity in the sector may prove too lucrative for investors to step away from.

Although committed to achieving net zero across its portfolio by 2050, Vanguard doubled down on investment in fossil fuel projects and refused to end support for coal, oil and gas production, citing its fiduciary duty to maximise investment returns.

Similarly, BlackRock indicated that it was likely to vote against shareholder resolutions influenced by climate activists that pursued bans on new oil and gas production.

It is clear that investors have responded to the increased consumer and political demand for fossil fuel-based energy in the sector and the political demand for secure lines of supply for domestic energy consumption.

Towards a renewable future

In part, this interest from investors has come as Russia’s invasion of Ukraine sparked discussion about the role of fossil fuel investment in transitioning towards a net zero future.

From Europe to the US, governments are now placing increasing importance on energy security alongside climate targets, particularly as renewable energy sources are not yet able to bridge the gap in demand following Russian sanctions.

In some instances, investment in certain fossil fuels is being viewed as a stepping stone to greener energy sources. Shifting away from coal and towards ‘cleaner’ fossil fuels such as oil and gas could be a viable strategy to achieve energy goals, whilst retaining sustainable ambitions.

With energy sovereignty now a priority for leaders across the globe, further investment in fossil fuels could be seen as a necessity to ensure a smooth transition away from reliance on Russian energy.

However, in the long term, the potential for stranded or underperforming assets because of negative public attention needs to be considered by private equity sponsors.

Developing dual-track strategies provides a potentially effective way to address this. For example, in March HitecVision announced the creation of a new renewable venture alongside power company TrønderEnergi with an initial investment capacity of up to €2.1bn.

Overall, opportunities in the European oil and gas industry have clearly become more attractive for private equity sponsors.

Whilst sentiment is moving in favour of fossil fuel companies as a means to achieve energy independence, buyers need to be aware of the challenges and negative attention the sector generates, and have a clear strategy in mind for the future of their energy asset portfolio.

[theonewhoknows2] 21/8/2022 12:10

just all so wishy washy going forward.nothing definite.

[chopsy] 21/8/2022 11:08

Yes, the bit I posted from the presentation shows the previous two well plan for $5-6m.

[ride daice] 21/8/2022 11:06

From last weeks RNS...

"The Company is now fully funded to complete and test the MOU-2 well and to test the MOU-1 well at the same time from existing cash resources."

[chopsy] 21/8/2022 10:31

As with MOU-1, onshore drilling costs are low in Morocco and we anticipate that both wells can be drilled within a budget of only $5-6m for which the company would require additional funding should the company wish to fund the wells independently rather than bring in a farm-in partner to fund the drilling.

[theonewhoknows2] 21/8/2022 07:54

still undecided.£3.5m isnt alot.

are we sure they have enough money to actually do the drills?
would love to get in but it just all seems so moody.

[helpfull] 20/8/2022 16:21

I think it is a little conservative to put a price per share value on Predator. Thinking outside the box it would be more realistic to start thinking in terms of how many millionaires are going to be created by Mou-2? And that just covers 11 km2. Now multiply that by the number of km² in the Predator Guercif Licence. And what if that is one gigantic box of gas? 7,269 km², approximately 60 North Sea blocks and none of it underwater. You just walk up to it and fill your truck up. There's enough gas to make everyone in Britain a millionaire. And what about oil? I'm thinking billionaires, baby. Energy crisis. What energy crisis? Even those that top slice or profit take in the run up to the Mou-2 drill will be millionaires. And the peeps who clean their boots. Money is going to be so common in this country that it will have no value. Tell everyone. Infinite wealth. Personally, I'm going for 20% of that.

Be careful.

[ashtonl] 20/8/2022 15:16

According to helpfull nothing about the company should be discussed. Adjusting all posts accordingly.

[jungmana] 20/8/2022 14:34

Are you in for another ride? Good to see you back but don't sell too early this time around

[bad gateway] 20/8/2022 13:15

"did warn that this would happen when it was 10p....."

That you did purple and then it went to 20.

[ride daice] 20/8/2022 08:23

I think we have to hope that it's gassy too.