Predator Oil & Gas Share Discussion Threads

[ohdearohdearohdear] 01/2/2024 21:06

Great prediction purple. Nobody else predicted that the share price would run up when testing began. Congratulations on a great call.

[ohdearohdearohdear] 01/2/2024 21:03

Yes. Let us hope all that lovely oil flows, eh purple? Just out of interest, what oil flow rate would bring you back into Predator Oil?

[purple11] 01/2/2024 20:35

all now on testing results

im never in for results in oil so ill leave you to it now.

plenty of time to get in on a good result and run with it up gl

[purple11] 01/2/2024 20:34

zico

so the stock did rally into testing 8.8 TO 14p

good call atb

[purple11] 01/2/2024 20:33

zico

so the stock did rally 8.7 to 14p

good call atb

[helpfull] 01/2/2024 19:06

The force is strong here.

I would have preferred a 13p close today.


free stock charts from uk.advfn.com


There is a support/resistance line at 13p, as there was at 12p.

There is a support/resistance line at 14p, but nothing until 16p.

The slow rise will give the moving averages time to catch the share price up and provide a good base further down the line.

After the 21p target the resistance starts to disappear.

All good news for the £42 club.

Be careful.

[ohdearohdearohdear] 01/2/2024 18:35

In all seriousness, just where is pro? Getting a little bit concerned, even though i don't know him from Adam, or Abdul. Seems to have stopped posting and tweeting around the time HE1 took a dive.

[ohdearohdearohdear] 01/2/2024 18:34

Very happy with this little pull back. This follows a pattern when the prd price is in on the way up. Fortunately, this time, we are not going to have a placing to put the brakes on.

Would be surprised if we do not break 15p tomorrow.

Exciting times!

[helpfull] 01/2/2024 12:46

The force is strong here.

FWIW.

hxxps://www.agenceecofin.com/exploration/3001-115717-maroc-predator-oil-and-gas-annonce-de-nouvelles-avancees-dans-ses-operations-de-prospections-petrogazieres

"The study, conducted by Scorpion Geoscience Ltd., estimates net contingent and prospective gas resources ranging from 109 to 234 billion cubic feet (BCF) for the former, and from 139 to 312 BCF for the latter. Based on these estimates, Scorpion Geoscience delivers a compressed natural gas (CNG) development scenario for the Moroccan industrial market.

This, with a production profile of 20 million cubic feet per day for a 6-year term for a net present value (NPV) of US$128.08 million and an internal rate of return (IRR) of 138%.

In addition, Predator has announced that it has a plan for a non-device testing program. The operation is expected to last two weeks and is expected to start from Monday, January 29".

Be careful.

[helpfull] 01/2/2024 12:34

The force is strong here.

FWIW

hxxps://lanouvelletribune.info/2024/01/hydrocarbures-au-maghreb-des-projets-en-vue-dans-ce-pays/

"On Friday 26 January, Predator Oil and Gas confirmed the presence of good potential at Guercif. Prospecting suggests 139 to 312 billion cubic feet. According to our colleagues at the Ecofin agency, this vein is capable of producing 20 million cubic feet per day for a period of 6 years for a value of $128.08 million. For some time now, Morocco has launched an ambitious project to diversify its economy".

"These different deadlines will allow the Maghreb country to benefit from many economic benefits. The first authorities are pulling out all the stops to properly coordinate the flows of capital that will soon converge in the state coffers. As a result, many investors are converging on the Cherifian kingdom.The Maghreb has enormous potential that is just waiting to be exploited. The different nations in this part of Africa are each developing their own strategy to reap economic dividends. The aim is to build up a range of opportunities to propel the economy into a new sphere".

Be careful

[ohdearohdearohdear] 31/1/2024 15:32

Nothing much to say for now. Am sure it will get very busy within the next couple of weeks though......

[2 solaris] 31/1/2024 15:24

Very quiet here but nice to see a bit of blue after the red start.

[mariopeter] 31/1/2024 14:05

I looked up the latest expert firm. A small and new company with the website in development. The last report is easily amended after flows and quick enough for the data room when we exit Morocco. PG probably got a nice but fair deal on the report . That aside, the IPR brought volume expectations back to planet earth (but I don't believe them as it's a corporate takeover defence mechanism!!)

[dicko80] 31/1/2024 10:17

Morning all

Looks like an upward channel forming on the chart

I'm still trying to understand the reason s why the ITR was issued, surely would have been prudent to conserve cash and commission a report once flow tested

BWDIK

[helpfull] 30/1/2024 19:09

The force is strong here.

OK. Couldn't resist a chart.

Those Doubting Thomases look away now:


free stock charts from uk.advfn.com


The resistance at 12p has finally been overcome.

The next support/resistance is 16p and that is the immediate target.

There are trendlines for the 15 day, 45 day and 100 day moving averages forming.

Further out 24p is still the target.

Be careful.

[john henry] 30/1/2024 16:11

Trending strong, traders selling not learning that the MMs will not let them in cheaper

[mariopeter] 30/1/2024 15:39

Just to say they need to test one sand at two locations to see if there is a connection. Extract at A and a fall in pressure at B means they are connected. Only need 3mmmcf/day for success case.

[sandy12345] 30/1/2024 15:29

Rocketing, will be a very interesting week! Hold on!

[chopsy] 30/1/2024 15:06

Dave, I think your logic is correct, but I also think that they won't announce any results until they are all in.

We may know if someone gets a whiff of gas, though.

[2 solaris] 30/1/2024 15:05

This moves relatively quickly.

[dave444] 30/1/2024 15:03

From the announcement they are supposed to be testing 4 intervals - 2 each at MOU3 and MOU1!The whole process could take up to 14 days!That means to me that they should have the first interval results after 3/4 days.Is my logic correct?

[transact2018] 30/1/2024 14:42

Testing commenced yesterday.

[mariopeter] 30/1/2024 09:34

I should say that the short term stuff is not my style as I am sitting here overweight as I like PG as a geologist who has seen the geology and compared it to the free-flowing Gharb and think the "a" sand (shallow MOU3) at least (whatever about the first flow results) will flow (Very cautious IPR says greater than 60% chance) and I am here until Morocco is sold, Trinidad is producing and Ireland gets exciting. The Jurassic is interesting too. Anyway enough magnets to keep me locked in. Am not selling my tickets unless someone gives me a silly price a little like HE1 was at the open today.

[mariopeter] 30/1/2024 09:11

Starting to show up on day traders platforms:

[sandy12345] 30/1/2024 08:46

Bang! 17p soon