Member Info for Davenewjob

Yep we know who it is in the group it can only be 2 people… we knew who spud 68 was from the beginning.. so why don't you tell everyone who you really are? Go on your brave to post from telegram set up.. Now who’s fake, your the one who started it way back with ya spud posts… get a life dude really

Yep all the plan spud, as we knew you were in the group.. the Group has eyes son

Other know as spud 69

Yep we knew it was you.. by by Fake dude.. Jasper you have been exposed my son

2nd part.. dam exciting still to read….
Paul Griffiths, Executive Chairman of Predator Oil & Gas Holdings Plc commented:

"We are delighted to have made excellent progress towards commencing the drilling of the MOU-2 well as a result of being able to develop a diverse supply chain to ensure that all drilling materials are available at the well site to enable operating a successful well.



We are please with the level of interest being generated within Morocco and amongst those groups seeking gas to address the rise in demand for secure new gas resources.



We have multiple gas prospects in this area of the Guercif licence for further "running room" without any requirement to expand our licence portfolio.



The option to prudently finance further step-out drilling on the back of revenue generation from CNG sales is an attractive business development strategy. However MOU-2 and MOU-1 rigless testing could potentially confirm continuity of the Moulouya Fan over an area of 30km² to support a case for the higher end of the net contingent gas resources to the Company of 708 BCF, as defined in the independent SLR Consulting Ireland Ltd. ("SLR") Competent Persons Report ("CPR"), (February 2020 and January 2022 "MOU-4" updated). If this were the case the Company would not hesitate to initiate a corporate transaction to monetise shareholder value. In the current climate gas assets attract a significant premium as they can contribute to security of energy supply and the Energy Transition to help stabilise the near-term cost of energy."

Rns Tue, 8th Nov 2022 07:00
RNS Number : 5962F
Predator Oil & Gas Holdings PLC
08 November 2022
 
FOR IMMEDIATE RELEASE
 8 November 2022

Predator Oil & Gas Holdings Plc / Index: LSE / Epic: PRD / Sector: Oil & Gas LEI 213800L7QXFURBFLDS54Predator Oil & Gas Holdings Plc
("Predator" or the "Company" and together with its subsidiaries "the Group")
 
 
MOU-2 well preparationsHighlights

 
 
· Estimated MOU-2 will commence drilling within the first two weeks of December
 
· Well costs prudently managed and as for MOU-1 despite cost inflation
 
· Gas sales and CNG financing agreements triggered by release of test results
 
· Corporate transaction to monetise shareholder value will be considered
 
after MOU-2 and MOU-1 rigless testing
 
Predator Oil & Gas Holdings Plc (LSE: PRD), the Jersey based Oil and Gas Company with near-term gas operations focussed on Morocco, is pleased to provide an update on progress towards finalising its drilling operation to enable the MOU-2 well to commence drilling.
Currently it is estimated that the well will commence drilling within the first two weeks of December. The exact date will be determined by when all pre-ordered drilling materials have cleared Moroccan customs in the coming weeks. Materials have been sourced from Canada, Egypt, France, the UK and the Middle East, reflecting the pressure on logistics and the supply chain that the war in Ukraine has created for the larger drilling services companies.
Re-assessing and adjusting the components of the drilling mud system and carefully adjusting mud weights based on the information gathered from MOU-1 is anticipated to afford greater reservoir protection whilst drilling and to facilitate a successful rigless testing programme.
Optimisation of the overall drilling programme by using the MOU-1 experience together with our ability to connect to multiple service providers to overcome supply chain issues has enabled the Company to make significant cost savings such that the budgeted cost of MOU-2 remains very close to the final well cost for MOU-1. This is despite the significant increase in the cost of equipment, materials and personnel as a result of challenging global market conditions.
Following initial discussions during this year with a number of parties it is anticipated that the Company will sign agreements shortly after the announcement of the MOU-2 test results with certain companies that it has prioritised for gas sales and an initial financing package for a simple Compressed Natural Gas ("CNG") pilot development. CNG is easily scalable, unlike a fixed pipeline development, and is attractive for developers of gas seeking a near-term increase in gas revenues.
Paul Griffiths, Executive Chairman of Predator Oil & Gas Holdings Plc commented:
"We are delighted to have made excellent progress towards commencing the drilling of the MOU-2 well as a result of being able to develop a diverse supply chain to ensure that all drilling materi

All i can say Miss Charlotte, i think people are not fussed about ya posts... you always contradict yourself…. No one cares how many shares you have, hence no emails lol… just dam well chill a lot going on that you obviously ain’t got a clue on any business strategy’s…sit back and relax..

He’s probably left holding…always been bobbing of for years on here…he probably wont admit hes left holding now…. I bought in the 30s.. sold in the 90s.. onto something much much bigger… may buy a chunk back in again… on the 3rd….

If you knew & had met PG & Lonny you wouldn’t be saying “Sceptical of these lot” you will see how busy they have been…I'm sure..

Quite simple really…. What bit don’t people get…

“Star Valley Rig 101 is now on the MOU-2 well location”

“Final preparations are being made to COMMENCE drilling”

“A FURTHER update will be given, which is subject to partner approval when MOU-2 reaches its intended pre-drill total depth of 1,500 metres”

All i would say Jonmo.. nope not recently invested & in a great price way back & still been buying more on Monday…. probably bigger balls than some on here to what i hold…to take the risk for the bigger picture…..I'm relaxed & waiting for things to churn… I don’t have to sell as to the price I’m in… so lets see…I'm a gambling man….was a pleasure to meet 2 nice people who own the business & doing as they say “a Sterling job”

Yep don't disagree that delays cost money… but if its possible to be a bigger picture on the funding as per i posted & you obviously haven’t read it…. then there’s only 2 things to do…..

1. Paytients….

Or

2. Sell out & go elsewhere…

Quite simple really….

Some People are crazy on here…Paytience….. quite simple…read & understand…

Paul Griffiths, Executive Chairman of Predator Oil & Gas Holdings Plc commented:

"Preparations for drilling MOU-2 are now almost complete following a protracted logistical exercise dictated by the disruption of supply chains and transport resulting from changing priorities created by the Ukraine-Russia war. These have been overcome and we are confident that drilling will commence as planned in accordance with our drilling and geological programmes for MOU-2.

Whilst Moroccan gas remains our focus unexpected progress in “”Ireland and Trinidad””. “has opened up the potential to create “”additional shareholder value””in 2023. “”We do not apologise”” for pursuing these “”growth opportunities””as they are “”potentially capable of being funded by other parties”” “”in order to preserve cash resources for our primary business focus””, “”which is creating value out of successful drilling for Moroccan gas."” I can definitely wait not a problem, I Ain’t Going anywhere…sit back & enjoy ya Christmas…going to be an exciting few weeks on the market to come… thats if you can read properly….

Fordy.. didn’t we discuss this way back in November?, We discussed its moved for a reason that reason is a business decision on creating wealth for shareholders yes?, So if i remember we said if it was me I would move the drilling if need to concentrate on more urgent shareholder value as to get the deals over the line for ireland or TT, we have Morocco sorted & extended for 6 months in case? That’s fine..its there.... then if it was me i would go for gold!!! As someone once said Watch & Learn..

What the Acual ‘Uck you on about…. Some people love an audience… Grow a pair Spud69..

Hi Bob.. think u got mixed up, must of been another post someone put up… defo not mine…glad all going good…God bless..

It’s where this board comes into its own.. all the negative crap from some & the personal derogatory posts to some… (towards GRH for some)… always listen, Learn, educate & make ya own decisions on ALL the people around you.. there is never any need to get personal what so ever.. more so grow the hell up.. Reality is an amazing thing, but not for some… its hard… more to life than u think….

Yep.. the point i always look at.. some buy yet so negative.. Don't bloody buy then.. quite simple..

Best to you & your family Bob,..I can quite feel for you right now..heartfelt blessings, my 19 year old went back to London last week emergency in Neurological.. UCHLondon..he has a shunt fitted when he 2 weeks old (after having a brain bleed, NHS Messed up!, 16 years later High Court London!), Absolutely Killed me, after 5 weeks out from work as a young manager, I walked out, I lost my Mo Jo years back, couldn’t be away from my son, he had it changed again at 15 months been very good till last week.. massive shock for wife & myself..knew it would come but… It doesn’t go away even when they are 19… has got to go under on the 8th dec, to change his shunt or sooner…the feelings don't go away .. I couldn’t say a word to my wife..as none came out..Crazy…Im using my great holding on PRD as a focus…lets see this Bloody happen with more good news….

Hope all good…..blesssings..