Member Info for Auc1

*Or for those that like a TCF...a 1 TCF in Trinidad (wow) = 100 BCF Morocco .

Morocco gas value per unit is x 10 of that in Trinidad. So a 50 BCF asset in Morocco is equivalent to a 500 BCF in Trinidad. Or for those that like a TCF...a 1 TCF in Trinidad (wow) = 100 BCF Trinidad. That’s crazy amazing?

Is this favourable disparity typical when comparing Moroccan gas values to other countries?

Private Tesla.

“Extended to 31 March 22” yes as per October 20 RNS that’s the state of play thanks.

I’ve emailed FS re clarification to option(s) to extend further

Video showing 300 views so it’s probably a retweet by Arkle. Probably basement prices these with news drivers for bagging likely

Is that a new video? Just tweeted? Several minutes long. At very end says interest from the giant Glen core?

Hi wacky - maybe best to see what PRD have to say. As PG says: “ you can’t do C02 EOR without C02....and we have the C02”. PRD able to pick n choose should that factor persist

MEM - PG did say in recent interview that no need to look outside of TT at this stage, plenty to go at WITHIN TT. That was the clear message.

RNS 12 March 2021...

-- develop a new CO2 EOR Project in a different onshore oil field in Trinidad;

Also...
-- evaluate the expansion of the current Inniss-Trinity CO2 EOR project to include other areas of the field.

Seems reasonable to expect an update soon

Hi GRH, yes indeed, my careful use of the word ‘lucrative’ leaves plenty of room for adjustment. The example posted obviously provided by HQ

Regards

Https://wp-predatoroilandgas-2020.s3.eu-west-2.amazonaws.com/media/2020/07/30070921/Corporate-Presentation-29-July-2020_FINAL-DRAFT.pdf

Page 10

5 Stacked targets ranging from 63% COS. Really worth looking at the presentation n digesting those figures

From the recent RNS only a very modest 36.5BCF required for a viable and lucrative netback 10 year project...

Scoping annual gross undiscounted potential revenues of US$26.3 million (US$19.7 million net the Company's 75% working interest) for 3.65 BCF of gross annual gas production would support a potential commercial development in an MOU-1 success case and provide multiples of the development capital requirements necessary to attract reserves-based lending. For a 10 year pilot project life, total gross gas resources required are 36.5 BCF. For the first 10.6 BCF of net gas production no government royalties are payable and there is no liability for corporation tax until 10 years have elapsed

Following the successful pilot and the apparent mega interest of 7 + 2, a natural thought progression is does any1 want to buy something so seemingly hot in an increasingly hot CCS and EOR sector? It seems inevitable and is in line with the aim to sell off each business arm.

Paul often trots out the old industry adage: “When the money is on the table - take it!” Hmm. Depends how much money is on the table. Timing is often everything. And here maybe the sale will take a value enhancing pause while we await two imminent value enhancing news items. Firstly the pilot, containing, expected increased in bopd, all on track etc, and secondly, news on the ‘cherry picked’ expansion. Maybe those two value enhancing factors will trigger negotiations. There is lots to support a sooner than later scenario.

Https://theenergyyear.com/articles/geologist-on-trinidads-eor-potential/?amp

Rns. Holdings. 5% bought

Wind? Last interview with Malcy. Paul entertains the idea of ‘additional green projects’

Great news for PRD. It can only strengthen the gathering green wind in its sails.

“The mandate of the Steering Committee is to manage the implementation of a Large-Scale CO2 EOR Project to increase Trinidad and Tobago’s oil revenue and to address the reduction of carbon dioxide emissions, carbon capture and carbon sequestration.”

Wow. Cheers for the heads up. Maybe PAUL with issue RNS to pass comment like he often does with such like

It was a morally indefensible interview with a placing hours away. Full stop.

Asat91 - there is just so much wrong with your posts. U sound like a freak

Any one who isn’t raving about that was probably in on it.