Member Info for ART123

While DTU has been going round in circles with everyone (or at least everyone except the shareholders) just ignoring or avoiding it HNR took on a fracking prospect, drilled 2 wells and got funding for at least another 6 which are already being drilled. That seems to be the speed the fracking industry moves at. DTU on the other hand is completely dead in the water. All just my opinion.

No-one is touching DTU anyway. That's the simple fact the stupid rampers cannot see here. This has already gone on for years and it quite simply hasn't and isn't going to happen (in my opinion of course). And one reason is that if you look at how easily HNR gained almost total funding for their Denver project then it becomes obvious that the money in the USA is far more likely to go straight into more fracking at the current cost level than in ways of making the costs less or in fancy ways of protecting the wells. Instead the operators and financiers want to just head on and drill more wells. The very idea of DTU is redundant. It quite simply isn't required which is why it is so dead in the water.

Just goes to prove that CLNR cannot get any interest for their existing prospects let alone any new ones. This is a company that spends years doing nothing and getting absolutely nowhere.

Well, HNR have now completed it's second deployment of DT Ultravert. Is that after touting this concept around for 2 or 3 years or even longer so there are not exactly a lot of operators queuing to give it a try and HNR ended up paying half the costs even for the trial. They have concluded that the costs of DTU are far too expensive for anyone to even give it a try so now they are chasing around trying to discover nitrogen reserves which MAY bring down the costs though they might even just cost HNR extra money though again there is the offchance they may become a major Nitrogen producer to add to their hugely successful Helium business. To me DT Ultravert looks to be a complete fail which is never going to take off (and importantly never going to make HNR any money). All just my opinion.

The total dilution from the placing and warrants was 4% so there'e nothing to stop this racing back past 3.5p and on up a lot further.

Last buy of the day for 166,778 has just gone through at 2.9950p. 3p + tomorrow then.

GBP50 million m/cap is 3.2p and GBP100 is double that at 6.4p. Both should be easily doable. M/cap peaked at between GBP180 and GBP240 million in 2011 and that was without any talk of a JV partner. Excuse the use of GBP instead of the Pound sign but I had one of those infernal Microsoft updates over the weekend which has f*cked up my keyboard. Yesterday I couldn't get the @ to work and now today it's the GBPound sign. ATB

Nearly all buys today. 2.69p was about the lowest price paid for quantity. This was rising fast and past 3.5p before the placing was announced and now with pretty much minimal dilution after the placing shares and warrants - 1510 million shares before and 1570 million after - this should be back to 3.5p and beyond very soon.

It's the ASX listing that holds this back. Their shareprice dropped back 2 nights ago which caused the blip on AIM yesterday morning. This shareprice would be quite a lot higher without the Aussies.

Very good volume for first day of trading - 100M shares and 12.4M traded - considering not many people will have come across it and not all of the online trading sites even have it on for trading as yet. In truth hardly anyone has come across it otherwise there would be more posts here. Only 10 and 6 of them are mine. I'm pleased to get in at the IPO placing price. Tiny m/cap for a company that already has assets. ATB

Link to website: https://www.predatoroilandgas.com/ I still can't trade this on II or IG so probably most of the other trading sites aren't up and running yet either.

Management Paul Griffiths, Chief Executive Officer Mr Griffiths has 40 years' oil and gas industry experience, including with the Libyan National Oil Corporation and Gulf Oil, and as CEO of both Island Oil & Gas plc and Fastnet Oil and Gas plc. During this time Mr. Griffiths has managed 2D and 3D seismic data acquisition and processing projects onshore and offshore; drilling and testing programmes, both onshore and offshore; and geological and reservoir simulation desk top studies. Mr. Griffiths is also experienced in business development in respect of license acquisitions, farm ins, farm outs, gas marketing and gas sales contracts and negotiations with government agencies. In 2006, Mr. Griffiths put together and led the team that drilled the first successful exploration well in offshore southeast Ireland in 16 years. In 2008 he put together and led the team that generated and submitted the Plan of Development for the Amstel Field in the Netherlands and in 2014 he put together and led the team that carried out the Tendrara gas field re-evaluation prior to a successful appraisal drilling programme by Sound Energy. He is a geology graduate of the Royal School of Mines (London) and an Associate of the Royal School of Mines. Ronald Pilbeam, Project Development Director Mr Pilbeam has over 40 years' technical and commercial experience in energy-related E&P activities. During this time Mr Pilbeam has worked with Parsons Brinckerhoff in the United States, the Caribbean and Brazil, then with United Technologies in Brazil, before becoming associated with Unigas International both in Brazil and South Africa. Mr Pilbeam has undertaken the management of a number of projects in oil & gas shipping, gas-to-liquids, offshore LNG, onshore petro-chemical plant, gas storage, and gas handling, pipelines and terminals. In so doing, Mr Pilbeam has also amassed considerable international experience in working with Government, industry and commerce, to achieve often challenging objectives. A British national, Mr Pilbeam is an Engineering graduate of King's College (London), a licensed Professional Engineer (Canada) and an Associate Member of the Institution of Civil Engineers (UK). Sarah Cope (nee Wharry), Non‐Executive Chairman Mrs Cope has 20 years of investment banking experience working as an adviser to small and mid-cap companies across numerous industry sectors, advising them at Board level on their capital raising requirements, regulatory compliance, corporate governance, growth strategy, acquisitions and disposals. Mrs Cope has worked on numerous IPO's, secondary fundraisings and M&A transactions for AIM and Main Market companies. For the last 10 years Mrs Cope has specialised in advising companies in the Oil and Gas sector and was most recently co-Head of Energy for Cantor Fitzgerald Europe. Mrs. Cope is currently a non-executive director of African Oil and Gas Plc Mrs Cope has previously worked at finnCap Limit

Additional info from the bottom of today's RNS: "Predator is an oil and gas exploration company with the objective of participating with FRAM Exploration Trinidad Ltd. in two infill production wells in H1 2018 in the Inniss Trinity oil field onshore Trinidad. A successfully completed drilling programme is forecast to provide early cash flow and information for a Pilot Enhanced Oil Recovery project using locally-sourced carbon dioxide for injection into the oil reservoirs ("C02 EOR"). Expansion and growth potential is focused on successfully executing a Pilot C02 EOR project and the subsequent acquisition of assets with C02 EOR potential. In addition, Predator also owns and operates exploration and appraisal assets in current licensing options offshore Ireland adjoining Shell's Corrib gas field in the Slyne Basin on the Atlantic Margin and east of the Kinsale gas field and Barryroe oil field in the Celtic Sea. Developing the full potential of these assets are dependent on securing suitable drilling partners. The Company has a highly experienced Board with a proven track record in the oil and gas industry of sourcing projects, developing and financing their potential and executing an exit strategy."

100,137,150 shares in issue after the initial placing. Info above says that Paul Griffith - CEO - holds 44,773,294 shares - 44.7% - and that Ronald Pilbeam - not sure of his position - holds 7,273,294 shares - 7.27% - so that's over 50% held by the management for starters.

Also this was released on Tuesday: "Predator Oil & Gas Holdings Plc ("Predator" or the "Company" and together with its subsidiaries "the Group") Intention to Float Pricing of Initial Public Offering and Admission to trading on the Official List (by way of a Standard Listing (the "Standard Listing") under Chapter 14 of the Listing Rules and to trading on the London Stock Exchange's main market for listed securities Predator Oil & Gas Holdings Plc, the oil and gas company focused on developing Enhanced Oil Recovery onshore Trinidad using carbon dioxide injection and exploration and appraisal offshore Ireland, today announces the successful pricing of its initial public offering (the "IPO") by way of a conditional placing of 46,428,600 ordinary shares of nil par value each ("Ordinary Shares") at 2.8 pence per Ordinary Share (the "Placing Price") by Novum Securities Limited ("Novum") and Optiva Securities Limited ("Optiva") (the "Placing"). The Placing was significantly over-subscribed. On Admission the Group will have 100,137,150 Ordinary Shares in issue, all of which will be admitted to trading by way of the Standard Listing. It is expected that Admission will become effective and that dealings will commence in the Ordinary Shares on the Official List at 8.00 a.m. on Thursday 24 May 2018 ("Admission Date"). Through a Well Participation Agreement with FRAM Exploration Trinidad Limited ("FRAM"), Predator will be financing near-term drilling in the mature, producing Inniss Trinity oil field in return for 100% recovery of its investment from production from the wells before sharing profits on a 50:50 basis with FRAM. Predator will also assimilate data from the drilling to input into planning and executing a Pilot Enhanced Oil Recovery Project, subject to regulatory consent and approvals. Offshore Ireland Predator seeks to move forward to further develop its existing licence position subject to regulatory consent and approvals. The Predator near-term focus is on gas exploration immediately adjacent to the Corrib gas field infrastructure, where in 2017 Shell sold its 45% stake in the Corrib gas field, subject to regulatory consent and approvals, for a reported USD 1.23 billion. Successfully exploring for and developing Ireland's potential indigenous gas resources, in areas where medium-term satellite tie-backs to producing infrastructure are feasible, is seen by Predator as a means of reducing carbon dioxide emissions in the future by providing the opportunity for gas to replace coal and oil as a source of energy. Key Highlights: � The Placing Price of 2.8 pence per Ordinary Share will equate to a market capitalisation of the Company of approximately �2.8 millio

Main Market listed. M/cap �2.8M. Placing at 2.8p. Prospects in Trinidad and Tobago and offshore Ireland. Looks like some pre-float holders are offloading some but that's going to happen anyway. I've taken a small position for now which was on Hargeaves Lansdown as my other 2 ISA providers haven't got this up an running yet. "Predator Oil & Gas Holdings Plc ("Predator" or the "Company" and, together with its subsidiaries, the "Group") First Day of Dealings Predator Oil & Gas Holdings Plc, an oil and gas exploration company, is pleased to announce the successful placing of 46,428,600 new ordinary shares of no par value each in the Company (the "Placing") at a Placing Price of 2.8 pence each and the Admission of its entire issued share capital, being 100,137,150 ordinary shares of no par value each, to the Standard Listing segment of the Official List (the "Listing") and to trading on the Main Market of the London Stock Exchange ("Admission"). Optiva Securities and Novum Securities are acting as Joint Brokers and placing agents to the Company. The Company was formed to consolidate the acquisition of a specific non-operated oil and gas business opportunity in the Republic of Trinidad and Tobago, which will generate near-term income for the Company, and an exploration and appraisal portfolio offshore Ireland that forms an existing business operated by its wholly-owned subsidiary Predator Oil and Gas Ventures Ltd. The Company has raised gross proceeds of �1.3 million under the Placing, which will be used to facilitate its investment strategy and to provide working capital. The Placing was significantly over-subscribed. Prospectus The Prospectus published by the Company in connection with Admission is available on the Company's website at www.predatoroilandgas.com and is also available at the FCA's Document Storage Mechanism at http://morningstar.co.uk/uk/NSM. Hard copies of the Prospectus will also be available during normal business hours at the offices of the Company's Joint Brokers and Placing Agents, Optiva Securities, 49 Berkeley Square Mayfair, London W1J5AZ and Novum Securities 8-10 Grosvenor Gardens, Belgravia, London SW1W 0DH. Paul Griffiths, Chief Executive Officer, commented: "We are delighted at the support shown by our new shareholders and welcome them to the Company. This Listing, which is the first by a junior oil and gas company in 2018, represents a new chapter for Predator Oil & Gas and we are looking forward to executing our investment strategy. We will be in a position to provide an operational update to investors on our progress in the coming weeks as preparations for drilling in Trinidad get underway and as we seek to further develop our exciting opportunities offshore Ireland."

In the last 2 years since I was last a holder here there have been no farm outs or JV's or even talk of such, no drill plans and not even any seismic plans. This is completely dead.

On the contrary, I made a good profit on this share and I would again if there was anything at all going on here. This is just more useless licences that the company are never going to do anything with. They have enough of those already. All just my opinion.

Cluffy is now 2 years older than when there was last some interest in this share and from memory he was quite old enough then and possibly going for one finsl success to fund his retirement. I sold out at 6.85p back then (September 2016) and since nothing has happened here at all - no farm out or JV - just nothing at all. Now just more useless licences that the company haven't got the money to pursue. This a complete waste of time if you ask me.

I see this was 8p just after the consolidation 6 months ago which at �2.8M m/cap was probably fair value.