Predator Oil Share Price (PRD)

Finding overpressured gas in multiple nearby areas is a good early sign of an active hydrocarbon system and can indicate higher probability of commercial success.

I suppose we don’t need AI to tell us that.

5 wells , no gas flow.

Not a micro jot.

Those trolls tried to convince the gullible, that no gas flows were needed for a potential billion pound + deal, some even mentioned multiples of that. Just could not make it up !

Here we are after 6 years, 3 pence, no deal, no partners, no divestment, no special divis, no flowing gas, no project, I can list an awful lot of No’s !

These same trolls are idolised ( mainly on TG) get defended and protected by the masses, they receive constant tick ups for their self serving ramping tripe. !

They have only 1 mission and that is damage limitation on their own over exposed and under water positions !

Funny old world !

There have been a lot of theories about what Paul Griffiths’ strategy is, including suggestions that the focus is on delineating Guercif. If that is the case, my view is that the only thing that really matters in the end is getting the gas to flow. Until that happens, it’s difficult for me to judge the success of any particular strategy.

I also see a lot of comments suggesting that when there is no news, it must mean an NDA is in place. Personally, I’m not sure that’s a conclusion we can make. Given the disappointments of the past, I would have thought that any genuinely positive development would be announced as soon as possible to generate interest in the company.

Of course, that’s just my interpretation, and others may see it differently, but for me the key issue remains the same: can the wells be made to flow commercially?

Some posters have said this for years. The need to flow gas. I'd be surprised if their was any deal to walk away from. Them same posters are classed as trolls.

Funny old world

The reality is simple: unless Paul Griffiths proves gas flow, he’s not getting the valuation he wants for Morocco.

The good news is that he doesn’t seem prepared to sell on the cheap, so the only real option is to go it alone and prove the asset. He can’t keep kicking the can down the road forever.

MOU-6 is now the key catalyst. No more delays, no more excuses. Prove commercial gas flow and everything changes at the negotiating table. That’s when the real value starts to emerge.