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  6. Predator Oil & Gas Holdings Plc (PRD)

  7. Predator Oil & Gas Holdings Plc (PRD) Share Price

PRD

Predator Oil & Gas Holdings Plc

5.65
-0.25 (-4.24%)
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Share Name Share Symbol Market Type Share ISIN Share Description
Predator Oil & Gas Holdings Plc LSE:PRD London Ordinary Share JE00BFZ1D698 ORD NPV
  Price Change % Change Share Price Shares Traded Last Trade
Upgrade Icon
  -0.25 -4.24% 5.65 2,762,269 16:27:18
Bid Price Offer Price High Price Low Price Open Price
5.60 5.70 5.90 5.65 5.90
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Crude Petroleum & Natural Gs 0.00 -2.56 - - 21.68
Last Trade Time Trade Type Trade Size Trade Price Currency
16:06:17 O 500,000 5.71 GBX
Related Shares
Bp (BP.), Harbour Energy (HBR), Curzon Energy (CZN), Echo Energy (ECHO)

Predator Oil & Gas (PRD) Latest News

Predator Oil & Gas News

Date Time Source Headline
02/6/202308:35ALNCNewsIN BRIEF: Predator Oil & Gas to start drilling MOU-3 well imminently
02/6/202307:00UKREGPredator Oil & Gas Holdings PLC MOU-3 Drilling Update
01/6/202307:00UKREGPredator Oil & Gas Holdings PLC Update on acquisition of Cory Moruga
31/5/202311:13UKREGPredator Oil & Gas Holdings PLC Result of Annual General Meeting
31/5/202307:00UKREGPredator Oil & Gas Holdings PLC Total Voting Rights
26/5/202307:00UKREGPredator Oil & Gas Holdings PLC Admission of Shares
24/5/202310:08UKREGPredator Oil & Gas Holdings PLC Notification of Major Holdings
24/5/202310:05UKREGPredator Oil & Gas Holdings PLC Notification of Major Holdings
24/5/202310:01UKREGPredator Oil & Gas Holdings PLC PDMR Notifications
24/5/202310:00UKREGPredator Oil & Gas Holdings PLC PDMR Notifications

Predator Oil & Gas (PRD) Discussions and Chat

Predator Oil & Gas Forums and Chat

Date Time Title Posts
07/6/202321:51Predator Oil and Gas - 2020 - Eyes on Morocco Gas3,339
07/6/202320:44Not moderated by Pro373
02/6/202307:33Predator Oil and Gas New Moderated thread1,169
13/9/202116:39Next drill?9
04/8/202110:05Predator Oil & Gas2,484

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Predator Oil & Gas (PRD) Most Recent Trades

Trade Time Trade Price Trade Size Trade Value Trade Type
2023-06-07 16:03:005.71500,00028,550.00O
2023-06-07 15:06:175.801,60092.80O
2023-06-07 15:06:175.80864.99O
2023-06-07 15:06:015.68150,0008,512.67O
2023-06-07 15:04:385.748,710499.95O

Predator Oil & Gas (PRD) Top Chat Posts

Top Posts
Posted at 07/6/2023 20:44 by helpfull
The force is strong here.

From an educational point of view it is very interesting to see how the share price chart behaves during a drill. A drill which is considered risk free by many and will be the harbinger of great wealth. £42 is the target:


free stock charts from uk.advfn.com


There is a nice little head and shoulders which has collapsed lower and could signal a target of 3p. The share price is struggling to rally back and above the 4 week moving average. The latest trendline has been broken downwards.

But turnover is low with market makers not wanting to hold stock during the drill and the spread is being managed to reflect this.

The recent comparison, Mou-2 reflected the same small, niggling doubts. Another well which many considered risk free, yet showed trendlines being broken lower.

A few days in, so nobody knows anything. It will be interesting to watch the outcome and see the corresponding movements in the share price chart.

Be careful.
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Posted at 07/6/2023 12:39 by pro_s2009
All just waiting news.

Share price is at placing price of 5.7p.......so still placing stock to be sold off, decent buy in price for those who like good risk/reward plays imo.

In the hands of the Gods now..........if there is gas then its party time, and if no gas then its a nasty share price fall before recovery.

Just got to wait and see.
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Posted at 03/6/2023 00:57 by pro_s2009
raideradg2, most likely a delayed reported sell.

With small cap shares the share price will nearly always go to the placing price in the days and weeks following a placing. Its very normal. Whilst a late placing "kills" any positivity of the share price, its essential for money to do the job.

The job here is to hit gas in MOU-3 and test MOU-1.

If these are successful the share price will be massively higher. And then MOU-4 comes into play which is gigantic in size and for the share price.

Dont get upset about the share price being weak, its all part of normality for small caps - the result of MOU-3 drilling and MOU-1 testing is all that matters.

If these dont work, the share price will be hammered down.

If these come in good, the share price will rise significantly.

Its all about results now - the time for talking is over.

The recent PRD selling is all placing stock being churned, as you can see from the market many stocks are weak currently, there is little cash buying and lots of selling, which creates weakness, add on top of that the recent placing and what you see is very natural. The only thing that will change it is good news, so fingers crossed we have a gas strike at MOU-3 and then "everything changes".
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Posted at 10/5/2023 11:40 by helpfull
The force is strong here.

Someone is worried that the share price is not rising in line with the £42 target.

Why don't you get off your white charger and put down the sword of righteousness.

If you care to listen to the podcast Griffiths gives an area for the extent of the 200+ metre of "sticky mud" as something like 4.5km x 10km.

And in the same podcast he says that the next drill (Mou-3) will be well away from the same sticky mud.

Is that imagination.? I don't think so. But I welcome all pedants.

The big worry at Mou-3 has got to be the same problem as seen at Mou-2. Did they see it before drilling Mou-2? If they didnt, would they see it before drilling Mou-3?

The share price will come under a lot of pressure before and during the Mou-3 drill. There is an obvious risk which has not been taken heed of.

The rewards are guaranteed, aren't they? Haven't peeps been dividing up the spoils already?

Be careful.
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Posted at 25/4/2023 16:16 by ride daice
When I listened to the podcast at the weekend and heard the figure 200 million mentioned I was definitely not impressed. But on reflection in the success case it is not unreasonable to contemplate...

i) A special dividend at multiples of the current share price
ii) A share price at multiples of the current share price
iii) Over time an annual dividend maybe equal to or more than the current share price
iv) Further potential upside from Trinidad and Ireland.

If this comes to pass I for one will be more than happy.
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Posted at 25/4/2023 14:20 by ohdearohdearohdear
Say for arguments sake, the whole of Guercif is sold off for £200M plus 10% royalties. I would expect 30p / share to be returned to shareholders.

So, where would that leave the share price. What would 10% royalties (unknown how big or when obviously) plus T&T plus Ireland equate to in share price?
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Posted at 08/4/2023 07:20 by firemansam4
Keith's Valuation from LSE :
Meanwhile, back on topic...Today 02:04
It has been suggested to me that I finish the valuation of the Moulouya Fan that I started earlier in the week, based on the price that BP & ADROC were offering for 50% of NewMed Resources. Remember the key assumption – that PRD gets three wells producing on the P50 resource. I will add to that some pricing and profitability assumptions that are based on pp 6 & 7 of the PRD 8th September 2022 presentation – that CNG sales at 50mcf/day are $16/mcf, with $10/mcf profit, and gas-to-power sales at 200mcf/day are at $12/mcf, with $6/mcf profit. For the target 250mcf/day, this gives an average profit of $6.8/mcf

For NewMed, sales are $5/mcf, and after tax & royalties retain $2.2/mcf profit.

Other factors: PRD gas is onshore and shallow, and is easily recoverable, so I will conservatively assume that 75% of GIIP is economic. NewMed gas is offshore and deep, so I will suggest only 67% is recoverable. I do not have enough information to calculate the forward effect on profitability of NewMed drilling a whole bunch of deep wells, but assume the figures below overstate the profitability for NewMed.

The new numbers to calculate relative profitability are therefore (6.8 x 0.75) / (2.2 x 0.67) = 3.46. So average profitability for the same volume for PRD is three and a half times that of NewMed. Remember that the offer is for $350M per unadjusted NewMed Tcf. We adjust it by the number above: 350 x 3.46 = 1211. PRD's P50 resource of 1.823 Tcf should therefore have an industry market value of 1211 x 1.823 = $2207M. With 400M shares in issue, that is $5.52 per share, or £4.44.

Just for the Moulouya Fan.

Anyone who feels like shouting this down, please also provide your detailed assumptions, references, and calculations. If you can't do that, it is just empty shouting.

I am posting this now for a reason. You may have concluded over the last couple of weeks that several posters with industry knowledge and connections have good reason to believe that certain third parties are running the financial rulers over PRD.

A number of posters here maintain private contact and exchange information which cannot be published publicly for legal or confidentiality reasons. They also believe that carefully coordinated measures are being taken to counter any opportunistic action. If an opportunistic offer were to be made, it is important to have a realistic idea of the potential value of the shareholding you own.

It's entirely up to you if you believe this to be true, or think this is just a stratagem to boost the short-term share price which you believe has slumped as a result of management ineptitude. Your money, your choice.

Enjoy the rest of the Easter break, don't eat too many eggs, nor (surprised that it seems I have to mention it) take too many drugs!
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Posted at 28/3/2023 02:02 by pro_s2009
mp, they know they have overpressured gas in MOU-1. As you can see from the seismic photo I posted, there are 2 fault lines.......

We know MUO-1 is gas filled - so testing is not urgent as such.

MOU-3 will test the big central section, and if there is gas here it will firstly be a massive discovery and prove continuation from MOU-1, and secondly, it will make it highly likely the far side, MOU-2 is also gas charged under the seal.

Therefore, MOU-3, which will test every single sand is the most pressing and urgent thing to do because this could prove a massive gas discovery which will make everything simple after that, as every man and his dog will be throwing money at PRD.......

So I assume that MOU-3 drilling will come first and then testing of MOU-1 and MOU-3 after MOU-3 is complete. That may be wrong but thats what I think.

If MOU-3 strikes gas, funding will be easy and simple to get, at multiples of the current share price. MOU-3 could prove up over 1 TCF of recoverable gas potential, and if that is the case, the market cap is not going to be 20 million GBP anymore.....

We have to remember, the biggest shareholder here is PG. And he will do what is best for the share price in the long term. MOU-3 now will mutliply the share price massively in the success case.
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Posted at 20/3/2023 20:18 by mariopeter
Whoppy I constantly plead with Mrs Mariopeter (that's odd!) to stop doing "what if" analysis in life as it's pretty pointless and an utter waste of the present. However just running with your theory on MOU1 leaking through faults you have already had it pointed out that faults are not going to the surface but don't forget the drill was very high pressured during the drill which implies good seal after land shifted.

Further you have been told that the rig is not needed elsewhere and will not cost anything whilst dormant so ask yourself why the partner who owns the rig would do that. Sit on site or back in a garage. The fact it is onsite has enabled a fundraise for another drill.

Think we need another hole to get production at MOU1 and just maybe that is what MOU3 is about. Why not use the idle rig?. Looking for some feedback from Jimmy on LSE to see what he thinks of the MOU3 location if he can work it out cause I can't.

Think the people with knowledge are telling you that MOU2 can be drilled through. Seems we were actually getting through it just very slowly. "Whatever it takes".

All I can see ,in MOU3, is another cherry to bite with a short term dip in the share price but then that is just commercial thinking. Another poster on another thread advises caution and persistently tries to knock confidence in the hope that some day it can be typed "Told you so". Are you really here to be careful ......no you are here for high risk high return but whether you know it or not the risks keep getting lowered and that happened on Friday. The presence of more sellers destroyed what actually should have happened the share price with the lower risk. Everything is timing and so is the generic stock market. Patience is rewarded and all you have to do is sell higher than your entry price. Rarely will you have such activity and so many cherries to achieve that.
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Posted at 07/2/2023 14:13 by pro_s2009
Kind of like GKP was with its placing at 10p before zooming to 450p..........we might see a small percentage of the Moroccon Subsidiary sold off to friendly hands before then big news lands and the share price goes crazy upwards.

I dont mind that, if it minimises our share price diluction by selling off something which the share price is not currently valuing, then ultitamtely it makes "sense".

Might knock 50p off of the 500p target......but at 7p.......who cares about that.
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