Member Info for Madman-Rob

Jimmy

Interesting take on Predator. Certainly far more negative than my interpretation. Your post does not seem to have any relevance to Paul’s interview. Why is that? The well engineer said Mou-3 will flow. Do I believe him or you ?

You showed your colours and lost all credibility many months ago. So with respect I disagree to your post.

But I respect everyone’s views.

Regards !

Morning!

I had a quick read of my unfiltered version of LSE.

One of the more moronic posters wrote.

If all goes well then 15p but more likely 1p. Nothing to back up their throw away figures.

With all that data out there to read, you would expect a balanced post. But no, they are still, so spectaculy, stupid and continued to write utter garbage. It's like the interview never happened. No wonder these kind of people are life's losers. They base their trading on their needs and temperament. Unable to look past their emotions. Desperate for attention.

I am still smiling at the "not to be trusted guys" request for a new leader. For one who appeared integent it showed that he is actually stupid and had no understanding of what PG and Predator are doing, or he is working to an agenda. Either way the trolls remain filtered and will not read their replies.

I read and listened to the interview and I will give management the required time. My hold is bases on my research and my own personal risk/reward.

It is very much a waiting game.

My personal view is positive.

History and missed dates have been fully explained.

It's always important to look at a company's past.

What is not useful is to constantly revisit history and use the negatives for an agenda.

We are now at a stage where management have explained as much as they wish to disclose.

The information, as to Predator's future is there for all, who are willing to read. It makes good reading.

The well engineer says Mou-3 will flow .

The data on Mou-5 is massive

Trinidad is turning into a slow but steady source of income.

Ireland is not dead and this year will see how the new Government view Security of supply.

We are debt free.

We have 3 assets that have potential.

We have funding to start the ball rolling.

If is up to each individual how you view this share. Mine is to hold and let the appropriate time pass

Have a pleasant day everyone.

Thanks BRV.

I like this bit !

John Tingas concluded that the well will flow!

Who is he and do we take note of his comments?

I'd rather believe in an expert who has actually looked at the data on Mou-3 over the likes of the expert trolls on here.

Stop for a minute and think about that statement.

"The well will flow".

The full text:

"So it was not possible to do that swabbing at the time because we didn't know at that time what the problem was until we analysed the data and looked at what the possibilities were, and had an independent study done by John Tingas, who did all my reservoir engineering work, incidentally, for Tendrara, and Tendrara came and stimulated a 40 million day, so it proves the value of working together with a reservoir engineer. So he concluded that the wells will flow, but we have to increase the drawdown pressure, which is the next step.

To do that, we have to do a safety case. The reason why we have to do a safety case is because if we increase the drawdown pressure too much, then we could have a blowout at surface." Pressure build-ups reached 246 psi and 159 psi.

Does not sound like a duster to me !

It's still very much work in progress on a gas find.

That alone, is a reason to be confident.

Excellent read and to all the trolls I suggest that, rather than write your usual garbage, you read the podcast and comment on your interpretation of the direction We are now heading.

BRV

Thanks again for your work. The download finished on these paragraphs ( not sure if there was any additional text)

"But the reason why we can't go full blown on reservoirs is that we don't want to be producing the gas cap, for example, in Snowcap-1 and then you've got management issues with trying to control the oil production. So, there's a neat way to try and find a balance."

Nothing after that !

BRV

Many thanks for your time spent helping fellow Predator holders with valuable research. It is greatly appreciated.

I will try accessing it now.

I've reset my Predator clock from today!

History was a vital part of my research/risk/reward, part of the learning curve.

After yesterday's podcast we now have a viable timetable. The programs of work will be carried out in the coming months and quarters We can then start to see what the various drills and work overs can do.

I move forward with this share waiting for all the various parts to come together.

I'm not interested in points scoring or doom merchants. They are mostly blocked. My annoyance is with the posters who feed their agenda's

The importance thing, for me, is we are now in a position to start adding value.

The last 5 years have been hard.

This year should show us all if this is indeed a mighty share.

PG said nothing to change my mind and I continue to hold.

Munnietorx.

I agree with the important of Morocco.

I disagree with your view on Trinidad.

Trinidad is the safety aspect of this company.

Trinidad with its 11 wells will, over time, add much needed revenue. We all hope that Mou-3 can produce but it’s still work in progress. Mou-5 is looking encouraging but it still needs to be drilled and tested.

We are fully funded to carry out our current works program.

There are signs that this company will eventually get its business in a position where it can possibly make serious money. But there are risks attached. Hence the need for a plan B.

I hope that PG understand the massive frustration that the countless failed dates has had on the shareholders. I’m 5 years in a showing a paper loss of many thousands.

For whatever reason everything with this company is taking forever to happen. I don’t know why but it’s a factor that I have to add to my risk/reward assessment.

If the two wells are both dusters then it is not the end of this company, A total disaster for surely, but not curtains .

we have already ordered in some equipment for Mou-6. And long term we would eventually carry on.

My point is that Morocco is the focus and it’s why we are all invested. Trinidad is the means to add finance.

Writing in a beach bar with a dog on my lap ! The joys if Spain !

Keith,

It would be nice if we can get 250bopd from each well.

That would would give us a daily production figures of 2750 bopd. 61,4 mil profit would be amazing. But I think rather overoptimistic. But time will tell and I'll be delighted to be proved wrong.

The point of my post was to highlight that even at 25 bopd from each well, we would be adding 5 mil per year.

As other posters have commented, the possibility of adding additional wells to the eleven we already have will probably happen. It will also become self funding and add financial stability.

We just need Predator to achieve the stated time scales and start producing.

Simple as that.

If the wax treatment works then Trinidad will reward.

A very positive step forward.

In time we will have 11 wells producing.

1 bopd = 4015 barrels of oil in one year. (11x1x365)

50 bopd in total from 11 wells = 18250 barrels of oil per year. (50x365).

100 bopd from 11 wells = 36500 barrels of oil per year. (100x365).

250 bopd from 11 wells = 91250 barrels of oil per year. ( 250x365).

500 bopd from 11 wells = 182500 barrels of oil per year. (500x365).

For the conservative estimate Highlandmatt has quoted 250 barrels over a 10 month period to be worth 2.5 mil per year.

If you divide 250 bopd by 11 wells they only need to produce around 23 bopd to achieve that 2,5 mil figure from each well.

If you take a rounded number of 25 bopd to achieve 2,5 mil. 50bopd equals 5 mil.

You can now start to see the importance of today's news.

These are conservative figures and the likelihood is some wells will flow much higher with a few only adding a small amount.

I won't get carried away as they still have to prove up this concept. However 1000bopd is possible. 10 mil per year into the company with massive tax breaks.

There are of course many variables but the bottom line is that this a a great addition to our portfolio.

Seven existing wells currently being restored to production. That would make a total of 11 wells. The financial benefits will certainly be welcome.

· Establishes the Company as a producer with production revenues.

· Suitable asset for deployment of patented new SGN Technology chemical wax treatments not previously applied in Trinidad.

· The new technology is a potential "game changer"

This is a very good business deal. We have managed to buy storage tanks and infrastructure along with 7 wells for a very low price.

Lots of tax breaks.

PG must be confident of the wax treatment working.

Add this to the other wells in our Trinidad portfolio and you can see a steady stream of income.

Excellent!

Having absorbed all the latest information. I now look forward to Paul's interview and hope for some clarification on all things Predator.

It is pointless, for me, to criticise yet another round of delays. I either believe in the ultimate goal or I don't.

I have not read anything that says we have failed with MOU-3.

I have not read anything saying we will not drill and test MOU-5

I have not read anything that says we don't have Helium.

I have not read anything saying we will not be producing oil in Trinidad.

I have not read anything saying Ireland is not going to happen.

Frustrated, yes.

Selling up? No

One thing for sure this has to be the year for progress or fail.

I still have a good feeling that there is too much going on to not see something positive happening this Summer.

We are funded, for now and debt free.

Sell, hold or buy. It's a free world 😆

Please don't feed the trolls.

It's so utterly boring to keep seeing the same reference to these people.

Can't you see that they are playing you?

Not long now .........

If mou-3 was a duster we would not be hiring a swabbing unit. PG has also stated that the gas is there. All the information is there, for those who can be bothered to read and do some basic research.

What is important for me is the fact that there is gas in the sands . We may not achieved a successful drill, due to the technical problems with the mud used. However, until we have exhausted all of the normal options, then you can’t call it a duster. If we can get this well to flow then we will be up and running as a viable company.

The next stage is to use all the knowledge gained and drill in the correct area with the correct drilling muds. Mou-5 is that drill.

Mou-5 had a massive chance of being successful.

It’s been a hard learning curve and each new well will dramatically enhance the chances of having commercial amounts of gas.

Ibiza28

I tend to disagree with your:

“So when we get something out of the ground is not really relevant.”

Getting Gas out of the ground is everything!

It shows we have gas in our asset!

It shows we are able to get it to flow!

The gas ups PHs hand in deal making!

Gas in the right quantity will make us money!

Gas will move the share price !

Etc etc ……

I think the main question is:

What is the current position of all of our assets?

Telling us honestly, where we are and when things will actually start is a massive requirement.

A jam tomorrow interview without clear wording will not be accepted.

PretentalPrinciple

You wrote a few weeks back.

"Anyway, you’re both safely tucked away now in your green boxes. You’ll have to find someone else to pick on.

Bye suckers."

For every troll you need someone replying to their insults. You are that person. Almost all your posts are about our resident de-rampers. I have filtered these people as they add nothing to my research. But still have to read your comments.

I have now added you to the filter as you also add nothing of value.

Not long to wait for the interview!

Morocco:

Will we get a commercial amount of gas out of the sands in Morocco?

Mou-3 has shown that there is gas, we just need to get it to flow.

Mou-1 and 4 all show gas.

Mou-2 had a seal that is an indicator of hidden treasures but of course unproven.

Mou-5 will be drilled in a area that indicates high levels of gas.

Mou-6 is being scheduled to continue the enhancement of our asset.

Helium? Maybe or maybe not but still an addition item to think about.

Mou7-25 is the future. We have looked at multiple zones of interest.

It's important for me to think about the greater picture. Is this asset worth developing and how best do we move forward? I think it will be highly unlikely that we will fully develop this asset. But how best to maximise profit?

We are debt free and funding is in place to unlock the initial potential.

If we do start to prove up our asset then funding will be under our control and the share price will reflect Predators worth.

The downside is that nothing had been proven. The share price reflects a company full of promise and empty of actual results.

So I return to my question, Will we get a commercial amount of gas out of the sands in Morocco?

I think yes!

Management have stated that there is gas in Mou-3. The issue is getting it to flow.

This is down to how we conducted the initial drill. We have learnt from this and should not have the same problems with future drills.

Meanwhile Trinidad must be moving forward and Ireland is certainly more promising than in the Ryan era.

I really think it is time for Predator management to inform the, "loyal long turn holders", of where we are as a company. To date, we have been somewhat strung along with timelines and promises. 5 years is a long time to keep the faith. But the research and information out there shows this to be a share worth waiting for.

Tik tok, over to you PG.

Downside:

Mou- 5 research indicates that the potential is enormous. Will we find the gas and possible helium? The wait for this well has stretched the patient. Still no formal news on spud date. At the moment it's potential is only on paper.

Mou-2 we found a perfect seal but we were using the wrong mud to drill and we were unable to complete the drill. Indications are that this seal could be holding back an enormous amount of gas. Unproved to date. It would only take a few days or so to complete if we decide that it was viable.

Mou-1 logs shows that there is gas in the sands. Probably not enough in that area to warrant sand jetting. Not tested. It's many years since we drilled this well.

Mou-3 logs show gas in the sands that are far more encouraging than Mou-1. Initial conventional testing failed, however the sand jetting was a success. Mou-3 has the gas but needs remedial work? To get the gas to flow. no formal date given on when this will happen.

Mou-4 logs are also encouraging. However it has not been tested.

We raised additional funds after being told no funding was required for 12 months.

Mystery over Lonnie's departure.

No new on how the work overs went in Trinidad or the date of the additional work overs of the additional 2 well.

No news on our Ireland project.

Upside:

We have the gas in Mou-3 and awaiting the addition works.

Mou-1, 2 and 4 all have massive potential.

Mou-5 has a potential that is possible off the scale.

To date, we have an additional 18 zones of interest.

Everything we have looked at appears to have the potential to supply gas.

We are debt free.

We now have a better understanding of the sands and drilling requirements.

Trinidad should already be producing

Ireland had has a change of government and are finally looking at their woeful security of supply issue.

History, has taught Predator and all those who have been involved, many lessons in trial and error. This has been frustrating and many investors have decided to remove funds. Others have stood firm. I de-risked at the high and reinvests around the 12p mark. But to be fair to Predator they have remained debt free.

PG has announced a date where he will start to inform us of where we are as a company.

We now need to see real progress and have a firm time table of how we are to move forward. We have additional funding and this will help expand of assets.

I am happy that we are finally getting to the point were I can hopefully make some money.

Good fortune to you all.

You will be hearing from my legal team once they sober up😂

Happy new year !