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Le Cube .. .. What a shame that Chariot won't produce any significant gas for at least 3 to 5 years. This leaves just Predator as the only viable producer in the short term, sitting on huge resources analogous to Chariot, but on land. All eyes remain on 'the prize'.
#PRD .
Chris Afford. .. .. I 👀 a 7⃣7⃣% !...
From the 2020 AR p23:
GRF-1: "Houston-based NuTech’s modern petrophysical study of the GRF-1 well had determined... a gross interval between 1,635 and 1,925 metres TVD KB (290 metres) had gas saturations ranging from 30 to 77%"
…ndgas-2020.s3.eu-west-2.amazonaws.com/media/2021/06/…
ROB. .. .. If my theories are correct
Would I expect to see an old well
Had exhibited high gas charge level?
77%?
DYOR😇
GRH .. .. IF that is the case
I would expect the Faulting
To charge BOTH sides of the fault. Similar to positioning of SH4
The Majors thought there
was no closure on Shaikan's Western flank
But the oil had migrated up the slip faulting
And fed both Shaikan to the East
and Sheik Adi to the West
Did ROB ever mention that he thought
Guercif to be mighty big 😇
ROB. .. .. .. .. What if...
⭐Not all horizons have the same permeability and porosity
⭐The level of gas charge in a given horizon
⭐Is related to the permeability and porosity of that horizon
AND
⭐The pressure driving gas into that horizon
Try to find the Fault😇
#PRD
GRH .. .. .. ROB banged on in 2011
About the predominantly vertical
Drive mechanisms of hydrocarbon atoms
What if that is taking place at Guercif
But is MASSIVELY augmented
By a highly pronounced fault driven charging mechanism. Two drives
Emanating ...in my very humble opinion...
From two kitchens
I use the present tense
As I think the fault drive is likely to be
Highly active and mighty powerful
MOU2 anybody?
Mighty thick reservoir?
HTHP?
GRH .. .. Folk have a LOT of exciting things to focus on...
ROB suggests that
Folk might wish to add to those focal points
⭐ Good pressure LKG
⭐ Good pressure HKG
BTW...
'Good' is a euphemism
#PRD
ROB .. .. Studied some data this AM
Made my blood run cold...staggering
Need to view on big screen...
Will do so later today...or weekend
➡️ Risk remains ⬅️. R0B's 20 December 2011 correct post
Re inter alia the structural characteristics of Shaikan
Could well be a 'rounding error '
When compared to an oldish post re #PRD
All to be revealed 👍
GRH .. .. ➡️ RISK remains ⬅️
ROB increasingly believes:
⭐ All horizons could be full
⭐ Areal extents very significant
⭐ Feeder is in plain sight
⭐ Below reactive mud at MOU2 could be HTHP
⭐ Never been involved in one anything like this
#PRD
GRH .. . . Management
⭐ In Guercif at start of testing ?
⭐ NB: Start of phase 1 testing = 'BEFORE 25th'
⭐ In TT from 22-26th
Anyone recall those NB577s?
Might folk want to think about Sebou ANZ 7 ?
Porosity OVER 35%
#PRD
ROB .. .. .. Folk on LSE
Becoming aware of one potential analogue
ONE ???
#PRD
😇
GRH .. .. .. WHAT IF :
Certain well pressure regimes
Were remarkably similar
🌟Guercif's TGB2 sands at MOU1 ?
🌟Sebou's Hoot sands at SAH-2 ?
🌟Might choke sizes be 'interesting'?
#PRD
🌟Funny old coincidence
Javier Blas .. .. .. "I think people have an unrealistic expectation of how quickly the energy system can change" -- Chevron CEO. "Oil and gas will be used for decades to come."
GRH .. .. .. .. Folk have not heard much lately from
Methodology⭐⭐⭐⭐⭐
He is probably busy
#PRD
GRH . . . . How interesting might it be
If the founder of Scorpion Geoscience
Was also highly experienced in FTG
(Full Tensor Gradiometry)
😇
CUBE .. .. .. An updated ITR, incorporating the 2023 MOU-3 and MOU-4 well results is currently being prepared by Scorpion Geoscience Ltd. for the Guercif block [MOU1 -4]. *The Company will use its best endeavours to publish the ITR before the Phase 1 testing commences. < 25th January*
#PRD 🚀
GRH .. .. .. Years ago, ROB
⭐Studied Guercif...in infinite detail
⭐Then bought shares in #PRD...7 figures
⭐Then posted on LSE to alert other folk...that became known as the 'Michael Caine' post
⭐Then bought more
Trolls derided the extraordinary numbers therein
Funny old World😇
GRH .. .. .. BB Folk have ignored
the Touchstone related part
Of the Cory Moruga RNS
It might be instructive just to jot down
The VERY early cash flows ...
(cash out and cash in)
of the CM deal
And yes...
ROB has checked the relevant Balance Sheet
#PRD
GRH .. .. .. ROB bought several businesses
A central characteristic
was that they were all
immediately self financing
Or became so
In ferociously quick time
#PRD
CUBE . . . . The more sanguine out there will NOW realise what has changed is an MOU with Afriquia Gaz has BEEN signed, and #PRD have completed the acquisition of a hugely value-accretive 83.8% of Cory Morgua licence in Trinidad.
Morgua CPR and Guercif Testing incoming.
Tick Tock.
🛢🚀$ PRD at its discretion can advance the timing of implementation and execution of ANY or ALL of the elements of its proposed amended FDP if warranted and subject to MEEI consent and regulatory approvals. MEEI &PRD: shared common goal of developing and realising new oil production