Member Info for FiremanSam1968

Hi Joey
PG's plan as per the podcast he did, was to move on the asset, as he mentioned after all the years of experience is never to fall in love with it , so disinvestment will be the name of the game! How soon he will do this after 1st drill is the question depending on the interest i suppose but he has put together a substantial drill package. Patience will be rewarded no doubt.

GLA

Hi GRH

Yes its always nice to have your positive view on this and with your experience and contacts no doubt you have in the field as well.
I do agree with you as i expect there is a lot happening in the back ground and PG is keeping this very close to his chest and hopefully in the not too distant future will let the cat out of the bag! Its just unfortunate though that all we have to go off is a Operational Update stating · "Star Valley Rig 101 remains securely stacked in Morocco awaiting lifting of COVID-19 restrictions" but looking at timescales with SDX saying drilling in Q2 and our timescales with PG saying 3-4m to complete drilling its starting to get a bit tight if we have first go on the drill!
So hopefully PG is getting his ducks lined up and a steady stream of news will shift this to new highs?

In the meantime i shall keep accumulating!

GLA

https://www.moroccoworldnews.com/2021/01/331237/morocco-extends-state-of-health-emergency-for-10th-time/

Keep accumulating!

GLA

One of PG's old projects i believe?

https://www.lse.co.uk/rns/SOU/tendrara-phase-1-development-update-u5y0wltfgs8w68f.html

GLA

Mk111 most of those sells are actually buys as picked up some more at 3.7125 :-)
GLA and here is to a Prosperous 2021!

Agree Bob, Nice update thanks Paul, 2021 looking like its going to be our year!

GLA

Hi Zebra
I agree with you, as another few months hopefully all countries should have been through the worst and vaccinations will be well underway!

Jersey itself which I believe or assume is where PG resides is having it bad there at present so lets hope he stays safe!

Lets hope we get and end of year update on how the schedules of all three projects are progressing as nothing heard for a couple of months now! Looking forward to 2021, so much going on here :-)

GLA

Another month to wait!
https://www.moroccoworldnews.com/2020/12/327760/morocco-extends-state-of-emergency-until-january-10/

Well done Hull, nice special dividend 42.5p lets hope we get a few like that over here when the time comes to disinvest from each project :-)

BPC update on T&T :-)

https://polaris.brighterir.com/public/bahamas_petroleum_company/news/rns_widget/story/rg429jr

I tend to agree MEM, and as timeframes go he mentioned that T&T mid next year then he kind of slid it right to end of year to disinvest, so by the time Morocco goes ahead and we eventually get the results this could be softner to any possible SP collapse due to a no find in Morocco. But fingers crossed its a positive and as you say instead will be the icing on the cake!

Still time to accumulate then :-)

GLA

Well Nico I think your right all change now on Climate change! Pressing on ahead.

https://apple.news/AeMRO72ooQH6xhFhs1Ix_JQ

Agree Wacky, i bought the last lot for my son, had to put a fill order in to get them!

Then we move onto the next one they have put a possible 5 drill package together, also along with our other assets Ireland & T&T PG will have a plan to hold up that SP up should they all end up dry!

The sells are clearing through this morning thank god! Hopefully news on T&T and Ireland next week, this should keep momentum over the last few days ticking along :-)

Another great interview by Share-talk Zak! i think he near enough cut Paul off at the end, not time to talk about Ireland! Interesting though Paul mentions about the reverse flow on the Magreb pipeline to open up Europe!

GLA

And to think i nearly sold out yesterday as per MMM advice (Not)!

Well done BOD

More news to follow shortly (LNG Ireland) ;-)

PMSL

Interesting you say that Mossma, looking at the number of views (378) on this podcast and i myself have watched this 4 times and as you say the more you listen to it the better it gets but no doubt a number of others have watched this more than once it just goes to show that their isn't a great number of investors here at present, god know what will happen when people do realise what we have to offer especially with our green credentials, interesting times ahead and with not a lot of shares in free flow then this could move very sharp on positive news.

GLA

Yes, could be an interesting week next week if restrictions are lifted and this would fall nicely in line with the proposed schedule.

GLA

Very good update i thought!

Trinidad:

Makes sense as he said without FRAM gives us 6-8 more opportunities on other wells.
Training phase over, production phase in order to scale the economics.
4-5 Production wells from one Co2 injection producing minimum of 200 bopd net back of $10pb @ $39 WTI.
Therefore 1 C02 project generating $2000 per day $750k per annum in profit scaled up into 6-8 separate projects . So looking at developing new projects in order to achieve it. We have exclusivity on CO2 with Massey until 2022! Nothing to convert into an operation within the next 6 months so will prove up production and economics. Making the business oven ready for end of 21/22.

Morocco.

Covid dependant obviously, new prospect MOU4 , opportunity for bigger drilling programme together so why not plan in downtime, Meantime enable to bring in partners for second third well, 5 locations! (5 well drilling programme) Best prospect in 44yrs he has seen for $2.5m for 1TCF!

Ireland.

Picking up nicely, Should announce FSRU provider within next month (Hopefully!) Commission upgrading onshore network.
Tie all regulatory approvals, licence approvals etc then sell before 1st gas!

So all ticking along nicely, definitely opportunity to continue accumulating over next 3-6 months. Time to divest on T&T & Morocco end of 21/22, Ireland around 22/23.

GLA