Member Info for Lancygeo

The special dividends for the lths will arrive in due course, it might not be in the next 3 to 6 months, but they will arrive. In the meantime we sit and watch the sp rise up to 50p. Shares are in short supply as the lths have accumulated and will eventually part with them well north of 12p.

http://www.jamaicaobserver.com/business-observer/massy-posts-solid-first-quarter-as-guyana-leads-group-performance_216092?profile=1056

https://www.reuters.com/article/us-health-coronavirus-britain-carbon/britain-eyes-london-as-global-carbon-offset-market-hub-idUSKBN2AV1RP?rpc=401&

..... thank you to Tim@Flagstaff for sharing this article.
Unfortunately, it’s premium access. Can anyone provide a text version in its entirety ?

https://www.independent.ie/opinion/comment/we-must-learn-from-terrible-calamity-engulfing-lone-star-state-40139643.html

Anyone have any information on Theseus ?

https://www.predatoroilandgas.com/operations/ireland/

Predator has a 50% interest in licencing option 16/26 (“Corrib South”) together with its partner, Theseus (50%)

cluelesstim..... the following was tweeted by David Marshall a few days ago in respect of Inniss Trinity.

https://twitter.com/dmarshall_uk/status/1365263466567774212?s=21

Trinidad is less understood but equally as exciting

1st proj. Innis Trinity:

Tax reform & netback increase from $10 to $15-25 (WTI $50) = total netback in range of £49-73.5m (net) cover MCap several times

WTI now $60+

More projects inc.

Apologies if posted previously..... article in the Arab news from last September.

https://www.arabnews.com/node/1739716/business-economy

Welcome back hulltiger..... great to have you back :)

Yesterday’s large buys were at a premium...... today they are well in to profit :)

Lots of shares in strong hands..... not parting with mine until we’ll north of 20p :)

Great posts on here as per usual. Always good to share ideas. I can see the benefit of both sides. Today’s buyer looks as if they have indeed bought at a premium and the sp has risen as a consequence ... on no news. If a hedge fund or similar was to be offered 10% at a set price, the funds pass to the Company coffers .... to be used for what exactly ? Alternatively, no dilution and we LTH’s, wait patiently as others join the choir and push up the sp ?
Both are exciting prospects but I think I prefer the latter, unless I can be convinced otherwise :)

..... indeed welcome back Sefton, it’s great to read your posts as always. Thanks also to all the other valued contributors in here.
The sp has enjoyed a bit of a run out over the last few weeks having been range bound for what seemed to be such a long time between 3.2p & 4.0p..... my 4.1p average is now a distant memory.
News from Trinidad grows ever nearer and a bright future beckons imho :)

I wouldn’t bank on it Darren. I believe news from Trinidad could drop at any time :)

I believe SDX & TXP are on the list although obviously doesn’t affect us directly.

A sea of buys coming in :)

....... and that’s just Innis Trinity ! :)

#PRD - 1st CO2 EOR Proj. Innis Trinity was last yr guided a $68m Unrisked netbacks with $10 conservative netback at $41 WTI

Last month netback guidance increased to $15-25 at $50 WTI

WTI is currently over $60

So 2-3+x initial unrisked netbacks estimates possible (£49-73.5+m net to Predator)

Vs £19m MCap

https://twitter.com/dmarshall_uk/status/1362317065273675776?s=21

All a bit disappointing really. I was looking forward to Leo working with Paul G, I believe they would have worked well and both BPC & PRD could have kicked on together. I don’t know anything about Potter although Trinidad wasn’t important to him at the time. I just hope he now has the vision to work with PRD who look like the real deal to me.
I’ll be interested to know how exactly BPC plan to achieve 2500 bopd by year end ?

Interestingly no mention of Inniss Trinity from BPC ?
I hope Potter hasn’t neglected Trinidad whilst pursuing his big drill in the Bahamas.

https://www.lse.co.uk/rns/PRD/pilot-co2-eor-trinidad-results-operations-update-tm1h7uul769pu8y.html

The pre-Pilot CO2 EOR success has de-risked CO2 EOR in Trinidad and has provided the commercial, environmental and technical model for future projects.

· Capitalising upon this proven, fully integrated, working business model, expertise, and the exclusivity of liquid CO2 supply by introducing a fee-paying and profits-sharing service under the commercial model established by the Company for Inniss-Trinity CO2 EOR, is now a practical near-term objective of the Company. Five in-country operators and two international State oil companies have made initial exploratory approaches to assess suitability of CO2 EOR for some of their producing, mature, oil field assets.

· Enhanced Oil Recovery is likely to become a key component of work programme commitments required to extend Incremental Production Service Contracts. The successful CO2 EOR Pilot has demonstrated a practical and potentially more efficient alternative to waterflood and has established the Company as the leading services provider for mobile CO2 injection for enhanced oil recovery. The successful development of the CO2 EOR business in Trinidad allows the business to be valued on the basis of its assets, invested project costs, existing contracts, goodwill and CO2 EOR operational experience.

https://www.freethink.com/articles/direct-carbon-capture-technology