Member Info for EuroChamps6

He’s definitely on one tonight!

Gulf News just announced that Ramadan starts tomorrow Thursday 23rd March

https://hydrocarbons.onhym.com/sites/all/themes/hydrocarbure/images/pdf_onshore/Hydrocarbon%20Exploration%20Opportunities_Onshore.pdf

WORK PROGRAMME
COSTS (GBP)
MOU-3 civil engineering
130,000
site build

MOU-3 drill to 1,500 metres
1,800,000
General working capital
70,000

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

"The additional funding announced today allows us to advance the drilling of MOU-3 to target for the first time all Prospective and Contingent gas resources.

The learning curve has improved substantially following the information gathered from the suspended well MOU-2. As a result we believe that bringing forward the drilling of MOU-3, with a projected start date in the first week of May, is a sensible course of action.

I am delighted to be supporting the Company and its shareholders through a loan of shares to enable MOU-3 to proceed earlier than originally envisaged based on attractive risk versus reward metrics."

https://atalayar.com/en/content/morocco-future-major-gas-exporter-africa

Well something has turned since this morning - Maybe the drill!

Shorting like normal that’s why shes here - TW and friends!!!

Thanks Caterham7

Appreciate your input which makes a lot of sense, not like some of the TURDITES that have turned up again in droves since yesterday morning!

GLA

Nigel Your attention to detail as an engineer is a bit disappointing as it was Nametrade that mentioned the Diff not Ford!
Enough Said!
GLA

Ford,

The partner is definitely ONHYM as they own 25% of the licence and are the Government’s regulator.
Today, ONHYM is the key public institution in the field of oil, gas and mining exploration and production and plays a major role in promoting the hydrocarbon potential of the Moroccan acreage to international energy companies.
GLA

Ford - Maybe, just maybe read Spuds69 to be Sting69 then maybe just maybe the history of your postings / his postings will become clearer! Only an observation as I remember your sniping of a post of mine quite a while ago!
Still learning and very invested but don’t be a bully as it doesn’t become you!
Cheers All - YNWA

Not PRD but gives an insight as to what is happening in Morocco:

https://www.assahifa.com/english/morocco/natural-gas-discoveries-in-morocco-will-change-the-rules-of-the-game-sound-energy-ceo-says/

Happy New Year All and Good Luck to all PRD investors!

Just a reminder from January 2022 in the link below:
https://atalayar.com/en/content/morocco-confirms-new-gas-discovery-guersif-area

It’s probably down to the Government reshuffle and whether we get the go ahead - Then the company that is interested will commit to the project.

Great news $1.3billion reverse t/o- Shares suspended from
7.30 am

Exxon purchase information

When the options come to be exercised, the option holder doesn't pay Income Tax or NICs, provided the shares are exercised for at least the market value they had when the options were granted. Capital Gains Tax is also capped at 10% when the shares are sold.

The shares are the one that Paul loaned out on the last raise! They have probably already been sold when they were used for the placing!!!

I no longer dismiss the risk of a contested TO bid...

The price to value/scale/timing delta is too big

(M&A was my main business in my quoted company incl unique/ contested TO of quoted investment trust)