Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
Here's the link to the latest presentation
https://wp-predatoroilandgas-2020.s3.eu-west-2.amazonaws.com/media/2022/09/Proactive-Presentation-Final-8-September-2022-LATEST.pdf
And the Irish Government say it doesn't makes sense to LNG Terminals - Here's one reason
https://www.irishtimes.com/business/2022/08/03/british-gas-shortage-could-hit-ireland-government-admits/
Surely Ireland must take notice of what every can see!! Comments like Ireland is "very poorly prepared", "follow a very risky route", "We're probably the only country in Europe with a coastline that decided not to have an LNG import facility"
https://www.rte.ie/news/2022/0711/1309627-energy-supply/
I came across the below which suggests Newmed are interested in offshore exploration licences, but that's not to say they aren't interested in a ready to go drilling campaign with PRD.
Morocco Exploration
NewMed Energy is in an advanced process for the receipt of exploration licenses in Morocco as a leading partnership in its field with considerable professional knowledge and a proven track record in regional activity. NewMed Energy has identified Morocco as a country with tremendous potential in both geological and commercial terms. The Partnership's Board of Directors have authorized NewMed Energy's management to act, and the Partnership is currently in advanced negotiations for receiving exploration licenses in offshore Morocco, in both the Mediterranean and the North Atlantic Ocean.
We've been top of the weekly charts this year so a tad harsh BD, but do agree no news or webinar which was promised early Q1 is rubbish. Me for one just want to know some news even if it's delays!! One month into Q2 and we still don't know a testing date which is disappointing to start with. I'm sure PG / Lonny are working as hard as they can to get deals over the line etc.., but a little commication wouldn't go a miss.
From SDX RNS last year:
Due to operational issues affecting the drilling of the KSR-19 well and COVID-19 border restrictions impacting the mobilisation of equipment and personnel into Morocco, the current two well campaign, which commenced on 18 November 2021 and which was initially expected to finish at the end of December, is not now expected to complete until mid-Q1 2022.
This will have an impact on when PRD can get the drill. Maybe a reason why PG has said Q2 now and gone for rigless well testing first.
Interesting read below: Could this be the reason why PG didn't put "significant Discovery" in the July's RNS (I think so)
Meanwhile, a Moroccan energy expert who spoke to The New Arab on condition of anonymity due to his "sensitive position," says it’s too soon to hail Chariot’s discovery as Morocco’s solution to the closure of the Maghreb–Europe Gas Pipeline.
"We need 3 years or more of drilling, and we may end up with unusable natural gas, so it's too early to assume from preliminary research that Morocco has found a solution to the gas issue"
https://english.alaraby.co.uk/analysis/political-fine-print-moroccos-gas-discovery
Last RNS states the following
During the latter part of 2021 the Company has been reviewing a number of interesting options with local operators. The Company has presented a commercial model for partnering on CO2 EOR operations to each of these operators based on a sale of Predator Oil & Gas Trinidad Ltd into a new dedicated in-country CO2 EOR services operator. Discussions will continue during the early part of 2022.
The Company's view is that it does not wish to be burdened with operating in Trinidad at the expense of efficiently managing it's potentially valuable assets in Morocco and Ireland where the potential for high-impact returns for shareholders are substantially greater. Maintaining an equity position in a dedicated CO2 EOR services company with a technical advisory role is the Company's preferred business strategy going forward into 2022
Interesting times ahead
https://www.moroccoworldnews.com/2021/12/346148/chinas-communication-construction-co-likely-to-win-bid-for-fsru-project
Looks like CCCC are front runners to win the FSRU project