GRH. .. . .. 💯 Trinidad is Venezuela
💯 Separated by a stretch of water
💯 Yes...it's that old CAMP
💯 Again
#PRD
GRH. .. .. Yes
😇Supergiants dwell in Guercif
😇Also... consider the area we now call South America
😇 Many folk have grossly misread Trinidad. The CAMP and the NE- SW trending faults
ALSO delivered the giant hydrocarbon volumes
To what we now call Norway and The North Sea
There are truly great analogues there
'Captain' is but one I have spent 15 years...often silly hours per day...
Macro and micro researching
Almost every hydrocarbon basin of the World
I possess data that would set folk's hair on fire
😇 I am only invested in one small E&P
#PRD
GRH. .. .. .. Hydrocarbons migrate upwards
Sometimes with great ENERGY
Folk might wish to consider
How such process works
And what it means for Guercif
Q...Was the 'Michael Caine' post conservative?
A...Off the scale
#PRD
Keith.Oz. … .. Anyone who follows #PRD on the lse bulletin board should read this thread. lse is going the way of HotCopper (which is now such crap I do not bother reading it). “ Concerning activity on the Hot Copper forum in Australia.
#WA1 - After an initial run to 6 AUD in the summer of 2023, a user emerges on the Hot Copper forum and starts posting long "technical" essays downplaying the project. The user takes over the forum for the next 2 months. My Twitter post pointing out the potential in the western region of Luni made him go on a crazy attack.
Now, the stock has surged by 250%, surpassing a $1 billion market cap, and significant resources are being uncovered in the western area of the Luni discovery. “
GRH. .. .. .. Re nonsensical argument re 2D or 3D
NEITHER guarantees the presence of active hydrocarbons
Both confirm the structures
where active hydrocarbons
MIGHT be found
The ONLY ways to confirm
The presence of energetic hydrocarbons?
🌟DIRECT DETECTION
🌟DRILLING Direct detection works ON LAND 'only'
BTW...
To discover hydrocarbon energy SUB SEA =
🥱Throw seismic ...of course
🥱 Drilling is the only way
🥱 Yes...it's risky
🥱Yes...it's expensive
🥱VERY
GRH. .. .. . Thus, it will be readily apparent that
🌟The period between flow testing
🌟And Jurassic drilling/testing
🌟Needs to be minimised
I believe that is being very achieved
VERY effectively 🔥
GRH. .. .. .. 29.9 + % mandatory bid
50.1 % de facto control
75% can force through EGM
90% compulsory mopping up of 10%. M&A:
🌟Fully hostile bid = NOT likely
#PRD owns licences
Bidder needs ONHYM agreement
🌟Low ball bid = VERY likely
🌟Bid following flow testing = EXTREMELY likely
But not reflective of Jurassic values
🌟 Risk of unwise PIs accepting below value
GRH. On X. .. .. .. I wonder
If an LSE poster called 'Jimmy'
Is actually Jimmy Lea
Who runs PR for Chariot?
Certainly seems to have made a significant difference to CRH tho from a shareholders perspective it wasn’t entirely smooth.
Happy to buy at this level . GLA
GRH. .. ..
If folks care to go back
To ROB's original posts on LSE
They will find such matters are covered
In some detail😇. Whilst there is not 100% certainty
Just yet
I suspect that Nett to Gross ratios
Will surprise many
Greatly to the upside
GRH. .. . . .. Meanwhile folk 'sweat stuff'
That is not just small
But is genuinely
A rounding error
GRH. .. .. .. The giant biogenic gas fields
Around the Mediterranean
Possess many characteristics in common
Including location
Along the same shelving line
Wackmeister. .. .. .. FYI LONDON.
The Guercif Basin Morocco, is set to become,
“THE”
Biggest.
Onshore.
Low Cost.
Near Term.
Gas Development.
The World has seen in the past 20 Years.
Better get a Big Hurry On.
Or it Could Be !!
do svidaniya - - - BABY
GRH. .. .. .. .. #PRD
⭐ It is Leviathan 2
😇
Whilst we patiently wait. Worth a listen esp 50 mins in regarding commodities , with the case for Natural Gas being made and indeed energy stocks generally , particularly with reference to the Data ‘ gold rush ‘. A healthily producing gas business in Morocco should prove very attractive to prospective purchaser’s . https://youtu.be/M5UdRAd3KvI?si=KwJ0g8KjJWNcj6Xc
GRH. .. .. .. I posted ages ago that my understanding was that
SDX used the old ONHYM drill rig
at that time
Whilst things might have changed this time, I suspect it unlikely
GRH. .. .. .. To expand slightly
I don't anticipate a sand jet vs perf guns multiplier of
1000x
But what if the factor was only 2x
Yes...TWO😇
Now consider
😂 Rharb outputs per vertical metre of nett pay
😂 Vertical extents of gas charge
😂 Pressures
Anyone own a calculator?
#PRD
GRH. .. .. .. This quote was emphasised to me
By a fellow shareholder
Whilst I suspect the uplift example = a tad optimistic
It is worth noting that
⭐The level of focus being applied is very high
⭐The shareholder owns a very large holding
⭐Yet AFAIK does not post publicly
GRH. .. .. .. I just told an investing friend...
That I do not anticipate that the Lithuanian uplift example
Will be FULLY replicated here ...
PARDON😂
'This isn’t factored into our test results
or flow rates
or what we expect
but it’s a potential upside
That will be a gift to us
if it obviously transpires that it works in this way
which it will'