Member Info for Adon30

Yes MEM I still haven’t got my head around it all properly yet and plenty to discuss still.
I have to agree that the rns was a bit ‘messy’ but it’s out there now so we’ll deal with what we have been told.

The paragraph Auc posted yesterday I had to read about a dozen times and could have a lot of meanings. The acquiring rights part is particularly interesting and I’m sure more news on that will flow through.

The HOA that was mentioned in the previous rns has come out as being Massy. I think a lot of people suspected this anyway so not a massive surprise but shows the bigger players PRD are able to move with.
I’ve noticed with the 10 year leases that are now being signed in T&T there are specific mention of EOR methods to increase supply and extraction. Along with the formation of the environmental/ government steering committee (I’ve forgotten it’s name??) that is most probably introducing these requirements. So we could see several other operators of the legacy oil fields that have leases renewed following similar lines. And this is just T&T.
The conferences that are coming up I remember the mention of Sinopec(?). Now T&T probably don’t have the same kind of restrictions as maybe the US or Europe would have with China (correct me if I’m wrong though as just putting discussion thoughts together). They had to get latest COVID vaccines from China due to supply issues from elsewhere. So to bring another major player into the mix I’m interested to see if that one has anywhere to run. There could be others waiting in the wings that haven’t appeared yet.... I’m sure the super sleuths on the board may dig something up.

Sefton agree about the oil fields in the US. I couldn’t name specific ones without a bit of research. There are multiple states though that could benefit and maybe even Alaska itself and the already drilled multi billion barrel finds. The question though is will they? Will the Biden effect manage to turn that around in a short timeframe. Around 4 years for the presidency before another person (can’t see a second term for Biden). Will the US turn green? Will they continue with fracking and other methods instead? I don’t know the answers to these....
However a breakthrough into the US could be massive for PRD but I also feel that that subsidiary could be a separate entity by then anyway?? Open for discussion for sure.
Sorry strayed a bit from the rns actual facts there....

Hi Wacky,
Thanks for the info. Will prioritise a look next week.

Looks like I missed a busy day as been out looking at white cliffs and that.
Just got through the 90 odd posts and still have an rns to digest over the weekend.

One thing I did notice and wish I’d posted earlier was that I was going to say spud in the week beginning 14th June. Possibly towards the back end but the rns stole my thunder :( so if everyone can just pretend I got it partly right that’d be great :) lol

Have a good weekend all. I’ve a long drive home tomorrow.

Will have to check how often the pro version updates.

Re: MOU-4. Struggling to work out where that one is going to be. I think it’s about 6km away and possibly north? Now whether that’s north east or north west I can’t work out yet. Only found one seismic slide with that on and the orientation on those isn’t necessarily north (at top).
Think MOU-2 is about 1-2km south though and 4 is opposite direction.
I’ve only briefly looked at the presentation so far though and need to correlate the seismic lines on the pathfinder report to what is in the presentation. Although the later is quite fuzzy to read details.

Brill HBR. Couldn’t work out best way of sharing it on iPad but that certainly shows that work is happening there.
If you change to geology mode it shows a green patch on the latest image as well so thinking that could be the construction vehicles. Surprised I didn’t spot it last night but at least you made me look again

Just realised that not everyone will understand the satellite imaging systems.
Have always been into maps and cartography so always enjoy deciphering a chart. Prefer the old school methods to modern gps but suppose they have there uses nowadays. Just more fun getting lost with a map and compass and finding yourself again.

If people do find that location. There also appears to be a roadway running west?? Could be my eyes though....

My internet (or iPad) have gone a little crazy. Probably not helped by the kids eating all the bandwidth.
However something I’ve just spotted a little further along has appeared out of the terrain. So can someone do a couple of comparisons for me.
34.28423, -3.44360

I may be totally wrong but looks new and man made to me. And certainly wasn’t there early May or in April.

Wacky, just spotted your post a bit further down.
When I tried to cross reference the pathfinder document with the map coords I did find it put it too far away from Guercif.
I’ve been searching an area about 10km from the town and 1.5-2km north of the pipeline. If I’m correct it’s along the river line and seems to follow one of the elevation lines. Although I could be totally wrong with my explanation

Great idea BDT but shame it didn’t work out.
I found a few extra things when playing with the satellite images which can help. I even found that TXPs next drill was 100metres from a river which I had no idea!
PRDs I have probably spent 8-10 hours pouring over the data. I did find a ‘square’ but when they said the other day that they had only just started it may not be that. I looked last night but internet here is poor and not up to my high speed broadband. Once home again I will put images together but maybe someone would have found it by then :)

Hi HBR until I’d found exact coordinates I wasn’t going to post anything. But as you had asked and know that you are able to find these things I thought 4 eyes are better than two. But that’s the location I was looking. The lines in the pathfinder report however seemed to indicate further away so I keep looking in both areas. I thought that I’d found something but it was prior to them saying they had begun preparations so it may be a red herring.
Basically I couldn’t tie the pathfinder report location and the PRD presentation together but hopefully something starts to appear out of the tan coloured earth. I’m sure I have a map of the area in my garage.... or it could just be some 80 grit paper....

And obviously my contribution was crap as I was sat on a beach and gave very similar coordinates but couldn’t reference the actual page information which I’d already spent hours researching and going over Google maps and satellite images because was only on my phone. Oh well. Won’t bother again….

I’m struggling to find it hbr
Somewhere near 34.3, -3.45 is my search area. But when looking through the presentations it appears further away. But that’s not 10km from guercif
Satellite updates every 3 days though. Not like T&T which is about 5.

Yes with the other recent acquisitions it may have been put on a back burner. There could be a development extension if available. Not sure how set the 30th June deadline is and a lot of other big stuff about to happen then.
Just the fact that there has been no mention of it either good or bad made me wonder what was happening. I thought there was something else lingering in the background and it was only last night I remembered.
It may be something they are still looking at or could look at others especially when the cash flow increases in September.

Can anyone remember reading anything more about the McCoy option. This was from the January RNS. I can’t remember seeing anything else....

While the potential McCoy acquisition meets most of the Company's key criteria, the timeline for development has been delayed by the current operator of the project. Zephyr will continue to monitor progress on the project and will make an investment decision on whether to proceed once a firm development schedule is established. In the meantime, the period to close the potential transaction has been extended by mutual agreement until June 30, 2021, providing optionality to the Company at no additional expense. More details on the potential McCoy transaction can be found in the background section below (and which were also announced on 10 February 2020).

Morning all, Wonderful morning news.
A HOA and a CA which is particularly interesting in T&T and sure will be discussed on here.
New proposition in progress for the company where they already have experience.
And further preparations underway for the Morocco drill.
Great day. Looking forward to a PG presentation/ interview.... if he's not too busy.

GLA

Perfect time to promote the upcoming drill. Close enough to generate interest and keep it all the way through until completion

T&T Covid lockdown Extended until July 4th and SoE emergency powers for 90 days as required.

https://trinidadexpress.com/news/local/pm-extends-restrictions-until-july-4/article_21a6b1d2-bb60-11eb-9bca-5f006e0ba74b.html

T&T Covid lockdown Extended until July 4th and SoE emergency powers for 90 days as required. Will wait for news on planned energy conference which was due in June.

https://trinidadexpress.com/news/local/pm-extends-restrictions-until-july-4/article_21a6b1d2-bb60-11eb-9bca-5f006e0ba74b.html

Maybe we need some more negative posts to help.....

This SP is going nowhere. never going to hit 4p. [sits back, Feet up & Watches]

If 80m are in sticky hands. Didn't someone on here have 3m shares?

With you all the way GRH ;)

Was just bringing it back to peoples memories the opportunities available to PRD following the latest SDX rns

Would like to think we are less than a month away now. My current estimate (guess) is week beginning 14th June
I also tried to find the drilling location on Satellite.... even though I knew I was in the right area I could not work it out. Way too much sand coloured terrain

CH may well have been out there with contractors making final assessments and visiting other parts in the ZPHR acreage.
Great to see the actual place that we were all here for originally.

Paradox is fully funded without the Bakken wells. Money made from them can be used for future drills within ZPHR acreage and further acquisitions.

RE: TXP. T&T is in the middle of its Covid pandemic. It has hit at a different time from the UK and other places. I would expect delays there. Doesn't excuse the previous problems with timeframes but would like to see them moving once it has cleared and the island is safe.