Member Info for Adon30

Patch, I’ve seen many flares and they are blatantly obvious using the satellite tools available. If you know, you know.
Also obvious to know what is a red truck!

As I said earlier I would not expect flaring during drilling. Unless something had gone seriously wrong and in that case most people would call that a fire.

Copy and paste all the link and it'll come up with the right image

There's a flare if people want to know what to look for....

https://apps.sentinel-hub.com/sentinel-playground/?source=S2&lat=38.898973895840534&lng=-110.04275321960449&zoom=16&preset=2_COLOR_INFRARED__VEGETATION_&layers=B01,B02,B03&maxcc=98.845&gain=1.0&gamma=1.0&time=2022-06-01%7C2022-12-23&atmFilter=&showDates=false&showImage

There is gas leak detection alarm on the drilling head. I'm not sure exactly what happens when this detection goes off but it may just vent. No smoking nearby!!
The quantity would hopefully not be a flaring quantity. They only flare gas as it is cleaner for the environment than releasing it unburnt and usually done during testing.
Chances of spotting a flare are slim as the satellite images are only a split second on a certain day when it passes. They are not permanently monitoring.

No flaring there. Materials/ piping moving around the pad. Definitely been active for a while now
Looks like they are still drilling.
Would not expect any flaring until drilling completed, casing is cemented, rig is removed and them bring in the testing team

C7, (1) they never announced they had reached TD last time because they didn't due to bore hole conditions. Not sure they initially gave a completed depth either. But successful drilling will do.
However (2) they did announce the bore hole washout issues. Hopefully better controlled and no need to sidetrack.
For (3) would expect similar would expect similar to the prior RNS (that some people didn't understand) with regards to background gas and metres of pay.
Then a comment (hopefully) saying that they are cementing casing for flow testing alongside MOU-1 testing. Maybe with a caveat that once some further analysis is complete on MOU2 to achieve optimum results.
That is what I am expecting anyway.

https://www.proactiveinvestors.co.uk/companies/news/1003068/touchstone-exploration-announces-really-great-asset-swap-deal-in-trinidad-1003068.html

Lots of info and updates on schedules

It has been reported that there is a proactive interview in the pipeline. Suspect it will be later today T&T time. Then editing and release so either this evening or tomorrow….

Have the drill team let something slip while at the local bar?
That horizontal will be making it's way along a 10,000ft hydrocarbon channel...

PS. For reference of satellite watchers. The rig is dark blue on the image.

Also I’ve noticed that whatever was stored at MOU1 site for most the year has now been moved. Possibly for use at MOU2

Yes AB. Radar signature looks like they are putting things together on the pad. Tomorrow’s visual image should show a final setup. Maybe a Twitter update later showing the rig move or an intraday rns confirming a spud.
I can’t remember how many days it took last time to set the rig up but they took it down quickly. Star valley rig can be put together fairly quickly though.

It wasn’t the day of the Mou1 rns then as that opened at 14p and was NT for the first few minutes before eventually allowing trades around 9p.
It was only above 18p briefly prior to the placing pre Mou1 spud.
The line the trolls use is “why didn’t you sell at 22p?” Always makes me laugh. As it was a price for a few minutes on the morning prior to that placing rns landing.
An 18p sell price only occurred on around 4 days of trading and none were after the Mou1 results. If you did sell at 18p well done but it wasn’t on that day.

So closing an outstanding litigation and resurrecting a C02 EOR deal across multiple oil fields is a bad thing?

Predator and Challenger Energy have agreed to establish a collaboration in relation to CO2 EOR activities and projects in other areas in Trinidad, including but not limited to potential application of CO2 EOR techniques across Challenger Energy's other fields;

Without closing the litigation process and it’s conclusion they would not be able to move forward.
They have also picked up a very interesting block. I’m sure Xavier Moonan would say.

Interesting as you couldn’t get 18p on the day of the mou1 rns…..

Another thing to note is that the SPT threshold was changed from $50 to $75 pb so the figures in the presentation would need amending.

https://trinidadexpress.com/business/local/imbert-adjusts-spt-to-boost-oil-production/article_cbbaa368-3dff-11ed-9c1f-0f3f7fde4444.html

No burying of the pipeline so a much quicker job of just securing and welding the pipe on the surface. 4-6 weeks should see them done.
With good results from 16-2 and arrival of the permit will see good progress in 2023

Last satellite pass was the 18th which is the flare image. There has not been one since.
However capturing a single moment in time when they were actually producing and flaring could be quite circumstantial. They made be trying different rates, stopping and starting flows or many different things. I wouldn’t worry if there’s not a flare on the next satellite pass.

Jimmy, Cory murgha is a none producing block. It is part owned by TXP. They assigned it as nil value recoverable for accounting reasons. However it was noted by TXP holders that the latest presentation the block reappeared.
Anything produced by PRD using C02 or other methods could potentially (with agreements) go through TXP facilities as part owner. TXP may also be interested in a more substantial stake in this block in the future.

TXP hold the other 16.2% interest and the block is front and centre to the Herrera fairway they were interested in exploring

This may or may not work for you....

https://soar.earth/satellites/sentinel?service=WMS&request=GetMap&bbox=-12249587.983421475%2C4707517.606346021%2C-12250302.396980336%2C4706901.344199523&time=2022-12-18&layerKey=FALSE_COLOR&layers=FALSE_COLOR&title=Sentinel+2&image_data=https%3A%2F%2Fservices.sentinel-hub.com%2Fogc%2Fwms%2F28b4c9f0-28ea-4d19-8bb7-1bfc9f18c9bc%3Fservice%3DWMS%26request%3DGetMap%26layers%3DFALSE_COLOR%26format%3Dimage%252Fpng%26transparent%3Dtrue%26version%3D1.1.1%26showlogo%3Dfalse%26name%3DSentinel-2%2520L1C%26width%3D100%26height%3D100%26maxcc%3D100%26time%3D2022-12-18%2F2022-12-18%252F2022-12-18%2F2022-12-18%26bbox%3D-12249587.983421475%2C4707517.606346021%2C-12250302.396980336%2C4706901.344199523%26crs%3DEPSG%3A3857&pos=38.89896629136294%2C-110.04313167075473%2C17.86