The latest Investing Matters Podcast episode featuring Jeremy Skillington, CEO of Poolbeg Pharma has just been released. Listen here.
‘ [Slide 12 – from 18m16s]
Sandjet in Lithuania, for example, 10 years ago, they perforated a zone, this zone here for example, that had been perforated with guns, it flowed 0.9 bopd, formation damage. Sandjet came in, 917 bopd. So you can see the kind of uplift, proven uplift that you’re getting with Sandjet. 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!’
Https://www.energyireland.ie/government-introduces-energy-security-strategy/
A floating natural gas storage facility and increased oil reserves are to be considered in the Government’s plan to increase energy security.
Energy Security in Ireland to 2030, the Government’s first energy security strategy published in November 2023, outlines national plans to increase energy security, while also delivering on the 2050 commitment of net zero.
9.1 To deliver a State-led Strategic Gas Emergency Reserve through an FSRU, DECC will establish a number of workstreams:
• Project Establishment: engage with GNI as the independent Gas Transmission System Operator (TSO) to prepare a detailed proposal by Q2, 2024 to introduce a reserve in line with criteria and requirements determined by DECC which will include:
(i) a proposal which can be implemented quickly
(ii) a proposal which does not inadvertently increase gas demand by increasing the supply available on the market
(iii) a cost-effective proposal at the appropriate scale which provides sufficient resilience if a disruption to gas supply occurs
(iv) a proposal which is compatible with the Climate Act 2021.
Thanks indeed to BRV for the transcript…. very easy to follow the written word and the perfect addition to any shareholders research.
Thebold … you’re in the bin…. you offer nothing to this bb.
Many thanks to those who have attended the presentation and shared their information on here for us all to read and digest.
The long and strong will be rewarded imho ….. all in good time 😊
Https://www.lse.co.uk/rns/extension-of-2022-star-valley-rig-101-contract-puanjf7gj2af2wf.html
‘Predator Oil & Gas Holdings Plc (LSE: PRD), the Jersey based Oil and Gas Company with near-term operations focussed on Morocco and Trinidad, is pleased to announce that it has signed an extension to the Company's 2022 rig contract for the use of the Star Valley Rig 101, which is currently available in Morocco.
The extension will facilitate, subject to regulatory approvals and consent, the drilling of the MOU-5 well to evaluate the 177km² Jurassic structural closure in a crestal location, the limit of which was penetrated in MOU-4 in 2023.
MOU-5 is expected to be drilled between 1 April to 31 May 2024 in order to avail of in-country well services that will remain following the completion of the Company's rigless testing programme, which is currently underway, thereby reducing mobilisation costs for well equipment and services.’
Kodal Minerals
@KodalMinerals
Why Kodal?
✅Fully permitted & financed Lithium project
✅Highly experienced management team
✅Fully funded to first production late 2024
✅100% offtake secured with JV partner
✅Strong Free Cash Flow Post Q4/24
✅Significant upside via drilling campaign https://bit.ly/3Im3us6
Https://x.com/thewackmeister/status/1756352259418460160?s=46&t=6JRoCt4SugtCBX31tiwGUg
#PRD
Calculation made on the Carbonate Jurassic prospect.
Info taken directly from the Guercif ITR
177km2 area x 0.15 porosity x 50m net pay.
= 7 Tcf.
Based on potential reservoir results from the poorly drilled Taf-1x well in 1979
How many more >Tcf to be revealed in 2024 ?
GRH tweet
https://x.com/grahamhengland/status/1755725571823112657?s=46&t=6JRoCt4SugtCBX31tiwGUg
What if
The shallow horizons
⭐Have not been much compressed by 'over burden'
⭐Thus possess high Poroperm
⭐Have received extreme upwards charge of hydrocarbons
⭐At significant pressure
Consider
how those horizons receive such high levels of 'E'
#PRD