We have gas!31 Dec 2025 10:11
Predator have confirmed there is gas!
The probability is that, the untested sands will also be full of gas and helium.
I would also, not discount the discovery of oil in future developments.
We have shown the gas potential and now it's down to getting agreement over a price. If not we will continue with Mou-6.
A successful drill will overshadow the current negotiation price. That will be part of their risk/ reward valuation being carried out by the potential suitors.
Morocco:
Mou-1:
Formation gas shows were recorded in a shallow sand at 605 metres measured depth ("MD") comprising 2.35% or 19,392 ppm C1 methane.
Total background, exclusively dry gas, increased from 0.6% to 1.7% (5,232 to 13,800 ppm C1) down to 1,159 metres MD. Formation gas shows of 1.8% and 3.8% (13,355 to 36,035 ppm C1) were encountered whilst drilling this section.
Below 1,159 metres in the lower Guebbas and Hoot (using the stratigraphic nomenclature of the Rharb Basin) total background gas was from 0.7% to 1.5% (5,000 to 11,996 ppm C1) but with traces of heavier gases C2, C3 and C4. Formation gas shows of up to 1.67% (13,643 ppm total gases) were also recorded.
Wireline logs were run from 724 to 1487.4 metres MD over the interval with gas shows.
MOU-2 was drilled to 1,260 metres Measured Depth before being suspended for operational reasons for a possible later re-entry.
THREE GAS samples collected whilst drilling.
100 metres of variable quality sand in primary target.
MOU-3 was drilled to 1,509 metres Measured Depth and completed for rigless testing.
SEVEN GAS samples collected whilst drilling.
50.5 metres of gross sand interval in primary target.
Secondary targets Ma and TGB-6 sand intervals confirmed to be present and GAS- based on NuTech petrophysics and GAS samples collected whilst drilling.
Ma and TGB-6 intervals correlated with MOU-1 drilled in 2021 to potentially define a single structure covering up to 21 km2.
11 metres of unexpected sand encountered at shallow depth with OVER-PRESSURISED GAS.
· MOU-4 was drilled to 1,199 metres Measured Depth and completed for rigless testing.
Unexpected 58 metres of gross M1 Sand potential reservoir interval, interpreted by NuTech as GAS-BEARING .
21 metres of gross sand in primary target with improved reservoir characteristics compared to MOU-3 and interpreted as GAS-BEARING by NuTech petrophysics.
Forget the total BS spread by the unwashed.
We are at this low price due to the drilling failures.
This problem will be overcome by our drilling team.
What price then?
Trinidad alone, will probably be worth 10p in a year and the revenue will be available to advance this company.
Trinidad could also be sold for profit in the near future.
There are still a few chapters left in the Ireland game.
Certainly a share with massive potential.
All this for 3p !
Happy 2026 everyone and good fortune.