Member Info for FiremanSam1968

Few snippets in there to highlight all is going to plan, well done PG!
Agree TTT an interview will come when its ready :-)

GLA

https://www.irishtimes.com/business/energy-and-resources/review-to-gauge-security-of-energy-supplies-will-not-be-completed-until-next-year-1.4625069

It will take them to 2030 to make a decision let alone do something about it!

GLA

Could it not be that Lonny is now onboard as the COO and RP has had to take a back seat, Mmmm

GLA

Croxie -f rom the AR The gross firm budget for the work programme for the next
12 months is estimated to be approximately £126,000. Following
these firm expenditures C02 EOR operations are anticipated to be
funded out of the Company’s share of profits from production, so doesn't look like its for Trinidad.

GLA
revenues.

https://www.irishtimes.com/business/energy-and-resources/businesses-fear-carbon-tariff-will-be-too-complex-to-administer-1.4620623

Hi Wacky & GRH

Again thank you both for your efforts and thoughts i am more than happy with the plan thus far and nothing has changed as to what has been said in the AR as a matter of fact its got better, all is on track! I haven't sold a bean as a matter of fact have added as the sale is on! Exciting times ahead!

Thanks Again!

GLA

Excelcior

I suppose that's the difference between trying to trade this share as opposed to investing in this share and each to their own. I have been in here over a couple of years and have built a nice stake and have no intention of selling a bean. The story hasn't changed the plan is still on track and may i suggest those that think otherwise take a look at the annual report i quote:
Preparations for commencing MOU­1 well operations in Q2 2021 will
be progressed as COVID­19 restrictions become manageable. It is
anticipated that the MOU­1 well could take up to 30 days to drill but
the well is likely to reach total depth significantly earlier based on
current projections (20 days or less).
The Star Valley Rig 101 will be mobilised from the Rharb Basin after
completing up to three analogous wells for SDX Energy.
If warranted, rigless testing will be performed and, depending on
results, appraisal drilling may be approved for Q4 2021 in order to
fast­ track an early gas development in 2022 for the Compressed
Natural Gas market.
The gross budget estimate for 2021 expenditures is currently
£2,132,223.

What has changed in the last two updates to say any different? "If warranted rigless testing will be performed" Recent update "MOU-1 was left in a condition to facilitate rigless testing"
Whichever side of the fence you sit on fine, but otherwise take advantage of these low prices and top up!

GLA

Hi NH

Its in annual report:

Houston­based NuTech’s modern petrophysical study of the GRF­1
well had determined that the gross interval (equivalent to the lower
Hoot sand, or TGB­2a) between 1,386 and 1,413 metres TVD KB
(27 metres) had up to 16.2% porosity and interpreted gas saturations
in the range 37 to 51%. This interval is a new additional deeper gas
target for the MOU­1 well at approximately 1,400 metres drilling
depth. MOU­1 will create an opportunity to evaluate the extreme
western edge of the MOU­4 Prospect.

GLA

Sorry correction to my last C2 Ethane, C3 Propane & C4 Butane :-)

Great Post Wacky

The video explains about the hydrocarbons as well which the RNS mentions C2,3 & 4 being Methane, Ethane & Propane:

Below 1,159 metres in the lower Guebbas and Hoot (using the stratigraphic nomenclature of the Rharb Basin) total background gas was from 0.7% to 1.5% (5,000 to 11,996 ppm C1) but with traces of heavier gases C2, C3 and C4. Formation gas shows of up to 1.67% (13,643 ppm total gases) were also recorded.

GLA

Yes Mike, still here topped up a bit and will be here to the end! Bigger picture and all that :-)

GLA

Result all resolutions duly passed!

Onwards and upwards!

GLA

Bliss

It didn't say "Duster" either, he didn't say we are not pleased, so wait till we have all the facts in front of us and see where we go!

GLA

And a huge amount of deramping going on by people as well with seeing that there are gas shows, probably by people who don’t even hold ??

More news to follow, holding his cards very close here i think :-)
Wireline logs will require detailed interpretation to take into account borehole conditions caused by borehole enlargement where washouts have occurred in the open-hole section.

MOU-1 drilling operations were completed and a cemented completion was run whilst the well is being evaluated.

GLA

Totally agree GRH :-)

GLA

https://www.irishtimes.com/business/energy-and-resources/renewables-set-to-save-irish-consumers-180m-energy-report-finds-1.4607122

GLA

https://www.irishtimes.com/business/energy-and-resources/state-wants-to-attract-data-centres-but-is-unsure-about-the-gas-which-powers-them-1.4606142

GLA

https://www.irishtimes.com/business/energy-and-resources/new-plans-to-be-submitted-for-650m-shannon-gas-terminal-1.4600625

https://www.moroccoworldnews.com/2021/06/343011/predator-oil-amp-gas-completed-its-initial-drilling-of-guercif-well