Member Info for GRH...

Thanks Zebra...

very kind of you

but it is not until 18 MAY :)

Regards
GRH

Welloilbefooked

As if I would do something like that:)

Regards
GRH

Morning all...

Thanks Nico...
It was a jest ...
Used to explain my momentary error

Maybe I should have described it as brain fade

I am very anti sugars

Anyway...I look forward to 18th!

Regards
GRH

...not only obvious sugar but

18th!
Regards
GRH

Evening

I am looking forward to my birthday

Next month:)

Regards
GRH

Jimmy

my apologies to all

...of course its CNG into the industrial market

I need to have some sugar!

Regards
GRH

Afternoon

IMO…it is VERY informative that Wacky, simply one of THE finest researchers / posters on here...

should refer to supplying LNG …

yes…LNG :)

to Europe

I had originally ‘understood’ that PRD would adopt a TWIN track strategy

1… LNG into the industrial markets in Morocco

Anyone with knowledge of those industrial markets will appreciate that they are well spread out...
and hungry for sensibly priced LNG... IN VOLUME

I have heard some stories re prices they are currently paying for LNG supplies
and they would make eyes water…
how Moroccan industry can make a decent % return with such numbers escapes me

So…a ‘virtual pipeline’ (of many trucks) could deliver both user friendly pricing (considerably above the prices assumed by PRD in many RNSs)

And considerable reliability of VOLUME supply

Anyone who thinks that Morocco is anywhere near close to having alternative sources of volume supply has not been paying attention…

we are talking YEARS before that could occur…
my guess is it will not happen

2…

Piped gas into mainland Europe via the GME pipe

As Paul recently confirmed:

We have necessary pipe tap in rights of course…

and the distance to GME is less than that of one of my regular runs

But the intriguing possibility (3) exists…
of EXPORTING LNG to hungry ‘EUROPEAN’ markets

Yes… it would take more infrastructure that route (1)
But… given the right partners (!) might it be an answer to many politicians ‘painting oneself into diminishing corner’ exercises?

Folk will notice that gas to power is nowhere to be seen

‘Let others go for that’… as Paul has already confirmed

Regards
GRH

Colon...

I STRONGLY suspect ...

That MOU3 pad construction started on 7 April :)

Regards
GRH

Afternoon

I just thought I would relay something...

FWIW
I realise that might not be much!!!

Over a lengthy period, several folk have contacted me privately to ask my views re other E&P outfits...

Specifically, re the prospects for the relevant equity of those companies

Often, I simply give a no comment...

Those are where I really really do not like the relevant equity prospects...

and where I think the outfits are destined to make people poorer...they are more numerous than many realise

Sometimes, people take offence at my answers...and my response is pretty frank...

'why did you ask the question in the first place
if you are then going to dismiss the answers?'

There has even been a poster on here who took offence quite publicly

He then decided that I was untrustworthy
On the basis of disagreeing with him...

funny old World

Occasionally, I do engage with the questioner concerned ...where I consider the outfits to not be total bucket shops

In the course of many years and many outfits, I have then asked many many questions of the enquirers

Here's the thing...and frankly it is truly shocking...

I estimate that ...of all questions I ask...
Whilst trying to engage with the questioners...

Fewer than 1 in 5 questioners are able to answer even very basic questions

How on earth, do they then expect to multi multi bag etc?

Completely beyond my understanding

Just thought I would mention it

Regards
GRH

Morning...

This was brought to my attention by a large shareholder

Why would folk run a survey on a decommissioned pipeline?

https://afloat.ie/marine-environment/coastal-notes/item/58453-marine-notice-inshore-pipeline-survey-at-kinsale-gas-field

Regards
GRH

Highlandmatt

I hope you don't mind...but I have copied your post onto Twitter

I did so as I think you have cut to the absolute heart of the point for the so called Greens

Thanks!

Regards
GRH

Afternoon...

Great post Keith...one of the best

I will say two things...

1...Not without reason have I previously mentioned my dear friend
The wonderful Adnan Samarrai...now deceased, I regret

Not without reason was Adnan known in oil exploration circles as THE MAN

He kindly examined and considered Guercif for me...as a quid pro quo

He was very positive about its oil prospectivity
I have previously mentioned this several times on here

2...yes the big boys will want to throw copious 3D...

BUT IT REALLY IS NOT NECESSARY:)

Regards
GRH

Evening...

Welcome to a totally new poster...

IE...one who we have never seen before:)

AntiVenom...

Dilutive?

Accretive?

You might well wish to research the difference

Regards
GRH

Morning...

I strongly suspect that ...

1...
Things are moving very rapidly at MOU3

2...
Skayavers Sarl et al have been working their socks off

3...
Folk really might want to upgrade their satellites

4...
Very, very exciting times ahead...

5...
Shortly :)

Regards
GRH

Evening...

I have posted this before...
But I have decided to post anew

As I believe that there are many newbies reading this BB

I hope it is of some help...

((
I refer to the discussion re faulting ...

When GKP originally tried to farm out Shaikan
they had no takers for it...
It was a grim moment for them as they had put their money down to obtain the licence...paid a so called sign up bonus

The reason for farm out failure being that they were trying to farm out a four way dip closure

And the problem was that the was no closure on the western edge evidenced on the seismic!

so countless very senior geologists thought Shaikan might be dry...
as the oil might have migrated laterally into the adjoining licence, Sheik Adi

as I said... GKP had already laid their money down (thanks Bruce) as sign up bonus to get the licence...so they had to quit or raise money

So
After more funding, GKP flew solo
To drill the SH1 well
But the lack of closure on the Western flank was an enormous daily worry...

I had bought 1% of GKP...
I had posted extensively about it at 4.5p
The internet trolls shouted me down

SH1 was drilled very overweight...VERY...

as there was serious concern that IF big oil remained, it could cause real issues and the hole could be lost

They were mindful of Baba Gurger Number One well...many years before!

They reached TD

The well failed to flow

They acidised

It failed again

They acidised three more times...nothing moved

failure loomed large

A big row ensued when Adnan told Todd to acidise the hell out of it one more time...real money each time!

So a fifth acid load was 'injected'

The well magically cleaned up...
the rest is history...
It became one of the defining oil discoveries of the past thirty years...easy 40000 barrels day

Go back to the Western flank...with no closure!

Go back to my post dated 20 Dec 2011

In which I was TOTALLclear that the SH4 well ...being then drilled right on the Western extremity of the structure...would flow really well

It was the biggest 'gonads on the line' statement ever made public ...to this day... by an online poster
It received almost 600 'likes'

My post was 100% correct...

SH4 was a huge success
and yielded the greatest BOO of any of the wells...
It was very high pressure

I was THEN asked by a senior GKP employee
how I knew the answers...way in advance of GKP knowing!

That chap is now a good friend of mine...
we talk often
and meet for lunches etc...
We discuss mutual business matters

he is also someone whose connections would blow your mind...literally Presidents

Folk might want to consider the role of my dear late friend Adnan Samarrai in this success

Folk might also want to research the nature of the slip fault between Shaikan and Sheik Adi !!!

Folk might also want to research the 'complex thrusted fold belt of the Zagros'

Regards
GRH

Androcles...

Really:):)

Regards
GRH

Afternoon

There are several truly excellent posters on here

I have seen Keith's name deservedly mentioned of late...he has been very generous with his time!

Anyone looking here anew ...
might well wish to examine the helpful posts of some other posters...

Wackmeister...

Seabright...

Caterham7

Of course ...there is a treasure trove of information over at Reddit...
not least of which, some really great work by Methodology

He's also on Twitter...as am I

All of the above are in addition to multiple RNSs
and interviews by the Company

And CPRs by SLR Consulting

And to think...some folk complain about lack of information

Blimey!!!

Regards
GRH

Androcles

I make no comment on the JOG deal other than

It's not a deal that I would have done

Now folk can start to see why ...ages ago...
I was SO adamant re PRD retaining full 75% to date

I caught a lot of flack on the BB for that view...

The shoutists being Titans in M&A ...I have no doubt:)

Regards
GRH

Evening

Hi Nico...

I was not in favour of the discussion then...nor am I in favour now

Folk will do as they wish...of course

But I would just mention these words...

TEMPTING PROVIDENCE

All the best
Regards
GRH

Jimmy...

Thanks for your reply

Regards
GRH