Member Info for GRH...

Evening...

Daibark

That is very kind of you..
perhaps consuming less caffeine might help:)

May I wish Happy Birthday to all those with a birthday
this year

Regards
GRH

Thanks

of course

I wondered if it was Brian Mitchener (who I quite like )

Yes, the Hoste is nothing like it used to be ...
we only go there for a pint sitting outside ...as its at the end of our lane...short stroll with the dogs

The Jolly Sailors ?
I still like it...easy for meals with Grandchildren

The Lifeboat Inn seems back on form again ...
after the daft interlude when some famous chef bought it and served up rubbish (imo of course)

Sorry as OT may offend those who want to be offended

Regards
GRH

Thanks Smartbeds...
very funny

Who please is BM?
(I posted this earlier but the post disappeared)

Regards
GRH

Morning

Some folk don't seem to understand that... if an opinion is expressed... it's better if it has bona fides behind it

IE some folk express views about markets
but have no idea what they talk about...

When I express views re markets, I try to set out relevant experience...IE MD in my thirties etc

Sorry if it offends
but some readers are new
And I consider it important to differentiate fact from mere drivel concocted by a random person with a keyboard

I am a bit anal retentive ...strength and weakness...
and that sometimes slips to irritation that others don't do enough homework etc...

So... when folk ...working to an agenda...
could not fault the facts I post...
they have chosen to criticise my linguistic style or quoting of relevant experience

Risible in the extreme

The Groucho Marx joke was supposed to be self deprecating

But even that received an ill considered response

Thankfully, those actually running PRD are of a much higher level

Regards
GRH

Good grief

Your starter for ten was Groucho Marx!

As it's weekend

Just a t
ouch of Groucho Marx humour...
if you've heard this story before, don't stop me,
because i'd like to hear it again.

Evening

Obadhia

I don't know why anyone would conclude that from the trade information as published

At the risk of further offending some here of a sensitive disposition...

I would mention that I have previously briefly covered the way a market can be 'operated'...

including such seemingly arcane delights as dealing off the back of the book, front running, spoofing and how ladders and matching both work

Whilst I am no longer a practitioner...
in my thirties I was MD at the
world's second biggest inter dealer broker

But again , I appreciate that there are possibly those on here with more up to date experience

Sorry to a few on here if my posts have deployed words of more than one syllable

Regards
GRH

twitter.com/lonny1971/status/1501296769157644290

Regards
GRH

Kasjohn...
very good point...thanks
although I think a hostile bid would be unlikely ...
given the equity held by management and large holders

One of the VITAL things in deal crafting is that each party has to be happy that it is THEY who have done a good deal

One of the important elements to achieving that objective is that 'wriggle room' as to asset /business value has to be available

one only has to read the CPR to understand my point!!!!!!
I do not claim great experience in deal crafting
(my Twitter feed spells it out ...although the numbers there need to be adjusted quite a lot for inflation)
and feel sure that there are others on here with more relevant skills
I would love to hear from them as I am sure there are points I have not considered

As to pressure communication/lithology /time...

Yes...
I agree with Carj that it is seemingly unlikely

Zebra...
I did not buy my bulk shares at 1.75p
I bought them at 1.5p...
good seven figures

I posted about it at the time...and was shouted down by several on here

As to the social aspect/people objecting to my use of language etc

I have tried at considerable personal time cost to inform folk...and enter into discussion
I have done that as I really do believe this is a terrific opportunity...a rarity in the sector

but frankly it is rare that I learn anything from this BB...
there are posters here that help my thought process

Overall
I have neither need nor wish at my age to defend ANYTHING

So if folk don't like my posts
save your own blood pressure and block me

Regards
GRH

Evening...

Redbox...my dear CHAP

How kind of you to bother to write...
I am flattered by your post

Whilst considering how I might best help you, I did read through several of your own posts...searching for your words of considerable wisdom

I regret to say that your posts comprise a veritable lexicon of negativity...

There appear few negative adjectives that you choose not to deploy

On such basis, it is surprising that you choose to invest in PRD ...given your views

It would be good were you to spell out your posts of which you feel most proud

You know the sort of thing...

In advance ...correct ...multiple forecasts

Technical observations that have also been proven wholly correct

Mathematical calculations that are clearly 'on the money'

You might also feel happier allowing folk here to know your name, address etc

Post away dear CHAP

I can wait

Regards
GRH

Afternoon. ...

Footandmouth...

My 100% track record on Sound drilling ..
.in public...in advance...
is well known by several folk

I never did see the relevant CPR

Regards
GRH

Hi Wack

the simultaneous testing of all those wells would be /is (?) quite something to organise

but quite something to 'witness'...
whether from above or in person (!)

Regards
GRH

Sorry...fat finger syndrome!

Morning

Re the discussion about testing...running order

I hesitate to keep referring posters back to some of my earlier posts...

so I will merely mention that there has been considerable work carried out ...notably in USA...on simultaneous testing...when down dip and up dip wells are tested together

The summary is that ...doing so... can contribute to...enhance...overall flow rates and % abstraction

There is also the much more obvious factor...
IE being able to prove that wells ...certain strata...are in pressure communication

I am fortunate to have been party to discussions with a leading practitioner and exponent ... in USA and I want to publicly thank those involved...

as they might be reading

When I reference Leviathan, I do not do so lightly

Yes PRD (?) has to execute correctly and select the correct locations and strata...

but this really is big

Caveats:

All imo
I could be wrong this time
I am only a random old boy on an impersonal BB
My next post might well talk about flatcoats or cars...

Regards
GRH

Morning

Re the discussion about testing...running order

I hesitate to keep referring posters back to some of my earlier posts...

so I will merely mention that there has been considerable work carried out ...notably in USA...on simultaneous testing...when down dip and up dip wells are tested together

The summary is that ...doing so... can contribute to...enhance...overall flow rates and % abstraction

There is also the much more obvious factor...
IE being able to prove that wells ...certain strata...are in pressure communication

I am fortunate to have been party to discussions with a leading practitioner and exponent ... in USA and I want to publicly thank those involved...

as they might be reading

When I reference Leviathan, I do not do so lightly

Yes PRD (?) has to execute correctly and select the correct locations and strata...

but this really is big

Caveats:

All imo
I could be wrong this time
I am only a random old boy on an impersonal BB
My next post might well talk about flatcoats or cars...

Regards
GRH

Evening

Good observations Fordy...you have nailed several key points

I believe there are several hydrocarbon systems within the licensed area

Regards
GRH

Afternoon...

Following the recent CPR, PRD was able to declare that it possessed CONTINGENT RESOURCES

It takes a lot to move resources from 'prospective' up to 'contingent'

There are very many technical hurdles to be overcome

PRD achieved EXACTLY that

It made me a some of my chums sit up with a start!

BUT...
The market didn't notice
nor did many on here...
nor on Twitter

I venture to suggest that it might repay study (apologies re sucking eggs for some here!)
as to the milestone it represented

Folk might also want to consider what the next category might/will be :)

Thought I would just mention it!

Regards
GRH

Afternoon

As the Company has already informed shareholders re the process...
there is IMO no requirement to issue an RNS re 60 days having commenced

It is up to the Company to decide to issue or not ...
as appropriate

Hope it helps (!)

Regards
GRH

Afternoon

Folk are most welcome to read any ....all... of my posts...

I am consistent...

I own a lot of shares in PRD...by my standards

I post re technical matters and mathematical matters

I also try to inject humour re dogs...cars...etc...
my twitter feed is an open book...lots of photos etc

Again...read it or not...up to you

Could I be wrong?

Of course...
lithology and the markets are tough mistresses

I found it interesting that Mr Winnifrith and some acolytes seemingly appear on here

He has a most colourful entry on Wiki...worth a look

Risk what you can afford to lose

Do your own research X 100

Just my views...

I am a poster who most here will not meet

So yes...
treat my posts with the same caution you would apply to any other

Regards
GRH

Morning

Morocco is why I am here...
and HOW!

and I am not an expert on Irish politics

However...
I do think that the unprecedented / emergency action this weekend by the head of the German Greens

constitutes THE moment when the Green political rhetoric crashes up against the cold stark facts of energy shortfalls

My very underplayed tweet of last evening refers

Regards
GRH

Obadhia

That is correct...

It has been potentially enabled by the decision of PRD to drill MOU1

without farming it down beforehand

Thus retaining max field equity of 75% ...
Compared with ONHYM's ...carried currently ...25%

Those with good memories might recall an old boy posting on here...several times

asking PG to drill MOU1 before farming out

Funny thing that!

Regards
GRH