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Don't you worry your soiled sweat pants Ms Krapp...........!
I only think of Ross in the context of him pulling the wool over your eyes, and leaving you firmly behind after buying in............ :()
All the best (it really make no odds to me........... :)
Missing Ross.............? :/
I'm here for you Irene........... :()
All the best (massif hugs......... :)
Significant enough news to make the "sharecast" bulletin.......... :)
All the best (V. good :)
Irene krapping it again, so funny
I'm also invested in CERP & PRD and look forward to a long and successful partnership :)
No worries - I have positions in both companies so I keep an eye out on both boards.
That's what I mean neon, they know how to write an RNS
PRD already up 10% on the back of the he RNS, CERP moved 0%, lolz
Thanks Razorman
Predator certainly know how to write a positive RNS
Thanks Razorman
Predator certainly know how to write a positive RNS
Additional from PRD this morn...
Project Costs and Supplementary Petroleum Profit Tax ("SPPT")
The CO2 EOR Project costs, given the regulatory classification of the investment, are able to be offset against SPPT by FRAM, thereby improving project economics attributable to the Well Participation Agreement.
Well Participation Agreement ("WPA") amendment
The WPA has been further amended to extend the period to acquire FRAM under the terms of the WPA to 30 September 2020, or 30 June 2020 should CO2 injection in accordance with Phase 2 of the work programme for the extension to the IPSC not occur.
Operations schedule
Initial results from the Pilot CO2 EOR Project are expected in Q1 2020 as previously guided.
The CO2 Delivery System designed by Predator for Inniss-Trinity is scheduled to be assembled and tested by Massy in their work yard during December 2019 before moving to the Inniss-Trinity site.
Paul Griffiths, Chief Executive of Predator, commented:
"We are pleased that the extension to the IPSC has been secured by Columbus. It is a recognition of the importance of this project not only to the potential enhancement of Trinidad's onshore oil production from mature oil fields if successful, but also for the potential to sequestrate significant CO2 volumes to advance a reduction in Trinidad's carbon footprint. The Company and its partners have worked hard to coordinate and develop all aspects of this project to give the best opportunity for a successful outcome. It is rare for a company of Predator's size to create and fill a niche position outside of the USA in the field of CO2 EOR. That it has only taken 18 months to reach this position from scratch is remarkable. We now look forward with excitement to the beginning of operations that will evaluate whether or not the benefits of CO2 EOR will be transformational to the onshore oil industry in Trinidad."
Enquiries: