Member Info for Madman-Rob

Trolling make no difference, when you have £10mil worth of shares to churn.

This company is in a good position.

Amazing work by the team to get us to this point.

We now has the required funding.

The testing has very likely started.

It's the MMs and general market trading that moves things. The MMs will keep this share at a price that maximises their profit.

It remained around the 11:00/12p level, with a small squeeze, just below the placement price. That's how the market works. Once the stock drys up and the sellers are out it will rise.

The share value over the next few weeks will be determined by news and how the market perceives the potential of the testing results. Not by the trolls.

That potential is massive.

20p/30p price very soon.

The re-rate is about to begin.

Bid 12:25p

Tic tok

Bid at 12p......

Lots of big buys coming in and not many big sales.

Churn almost over ....

https://youtu.be/vjD3EVC1-zU?si=MjIcsmihZ2NdGHKI

Thanks for reply Mrninjazxa6 !

All looking good for the next few months .

We are now heading toward the end game. The churn is nearing it's completion.

The testing of MOU-1 will start to impact the share price and we will see a return of share value, that should see everyone back in profit. 20/30p

We will learn from testing the various zones in this first well and that will help with the general understanding of what we have and where to concentrate any additional testing on the other 2 wells. It will also give us the first real indication of what we have.

I think MOU-1 will be the least productive. I think that's the reason we never tested it and why it's first. We can try out the sand jetting process and maximise the process for the next well. If it was proved to be none commercial then that would of hampered the company's growth. But I think it will be commercial. Paul was playing safe.

I'm also not sure if the early results will be put in an RNS unless it's super productive. But that's just my take on it.

If we can get a commercial return on our least favourable well then the sky's the limit on the other two.

MOU-2 area is potentially the most profitable of the areas drilled to date. A massive seal over a vast area. If we don't re-enter it we will probably drill a well to hit another sweet spot like we did for MOU-4.

There will also be other areas ready for exploring and will look at how best to achieve the finance nearer for expansion.

We will soon have an understanding of the various fault lines and how things are connected. This will add to our knowledge and help with additional well locations. Jimmy had written many excellent posts on this.

The little dog that barks day and night is annoying but it's a nobody and has nothing to do with this company or its potential.

Thank you KeithOz for your updated figure.

The potential here is off the scale......

Even modist success will see a big return.

Mrninjazx6.

Don't understand your first paragraph. I have never read any AI generated posts on here or anywhere else talking about £10 values.

All the posts that I have read, that state high figure, are backed up with detailed breakdowns on how they have reached the figure. There is no confusion. Just a person's shared research.

You are welcome to put your own valuation on the likely outcome of the testing. I would also be interested to see copy's of these posts.

Everything will be dependent of the volume found. We all know that.

And that's just MOU-1

MOU-1 will be the first well in the rigless testing programme to be performed by Energy Consulting Services ("ECS") based in France and with a licence to use and operate the Sandjet perforating technology.

Ten individual horizons within the interval 1217 to 1300 metres TVD KB have been selected for perforating.

In the interval 769 to 912 metres TVD KB a further eight individual horizons have been selected for perforating.

Four additional data points between 1397 to 1400.5 and 967 to 991 metres and at 1035 metres TVD KB may be added to provide information that may be potentially useful for the finalisation of the MOU-3 rigless testing programme.

The MOU-1 well will establish Sandjet rigless testing procedures and will adjust the operating parameters to optimise the depth of penetration into the reservoirs of interest if and where required.

Testing individual sands in sequence from the bottom of the MOU-1 well upwards will evaluate the potential for co-mingling different sand intervals on production and help determine if there is a requirement to isolate any interval downhole based on any material water cut.

Then onto MOU-3 and 4......

The testing will soon start impacting the share value. Just need the churn to end.

Without the results, or any other news, the share price will find a place to sit in the 20/30p region. Can't be more that a week at most of this low value.

With the amount of testing being carried out I think it's a fair assessment. My assumption of course.

There are a lot of very seasons and experienced investors all waiting for the outcome of the testing. The general consensus is positive.

Read the last RNS for detailed of MOU-1 then add how much additional testing is being done. they will do the same on the other 2 wells, originally 151mts.

We can also drill additional wells to add to the testing program.

The day they release the testing data, for all 3 wells, is going to be a milestone.

It will be interesting to see where the share price goes after that.

We may get news before the release of the testing data. That news could be massive!

Always a risk !

Good fortune.....

Https://twitter.com/BlockEnergyplc/status/1697522490807857285?s=20

We are lucky to have an excellent set of directors in charge of this company. They are fully invested as well.

20p soon 😆

Guercif rigless testing on track and scheduled for September execution

Predator has established a portfolio of attractive assets in proven oil and gas regions and in countries in which the management team have significant knowledge and expertise. The portfolio consists of:

a CO2 enhanced Oil Recovery project in Trinidad, which the Directors expect will provide early cashflow

2 significant gas exploration and appraisal project offshore Ireland close to existing infrastructure; and

An exciting gas exploration project onshore Morocco close to a major gas pipeline

Will just keep repeating 😆

Paul Griffiths, Executive Chairman of Predator Oil & Gas Holdings Plc commented:

"The Sandjet rigless testing programme is on track and scheduled to be executed and completed in September.

In parallel with the testing programme agreements for the sale of gas and sourcing and scheduling for delivery of long lead items required for the CNG development and an Environmental Impact Assessment are being progressed.

Company strategy is to develop a revenue-generating business opportunity capable of being monetised under the right market conditions.

Opportunities for further drilling, in particular to evaluate the Jurassic structure partly penetrated by MOU-4, are being developed. The strategy has a clear objective to identify and pursue balanced risk-reward projects where early near-term shareholder value can be delivered through drilling success. Current market dynamics support drilling activity and very near-term value creation.

Subject to rigless testing results, an initial Compressed Natural Gas development can potentially be funded by a debt instrument linked to production thereby freeing up existing cash resources for more high impact drilling.

MOU-1 will be the first well in the rigless testing programme to be performed by Energy Consulting Services ("ECS") based in France and with a licence to use and operate the Sandjet perforating technology.

Ten individual horizons within the interval 1217 to 1300 metres TVD KB have been selected for perforating.

In the interval 769 to 912 metres TVD KB a further eight individual horizons have been selected for perforating.

Four additional data points between 1397 to 1400.5 and 967 to 991 metres and at 1035 metres TVD KB may be added to provide information that may be potentially useful for the finalisation of the MOU-3 rigless testing programme.

The MOU-1 well will establish Sandjet rigless testing procedures and will adjust the operating parameters to optimise the depth of penetration into the reservoirs of interest if and where required.

Testing individual sands in sequence from the bottom of the MOU-1 well upwards will evaluate the potential for co-mingling different sand intervals on production and help determine if there is a requirement to isolate any interval downhole based on any material water cut.

An alternative to a coiled tubing unit originally sourced out of Tunisia, which is required to run the Sandjet perforating tool, has been now been sourced in France by ECS. This will enable the testing programme to commence at the earliest possible opportunity in September. Shipping logistics from Tunisia, due to competition for vessel cargo space, created uncertainty regarding the exact scheduling of commencement of field operations.

The adjusted schedule for delivery of the Sandjet equipment is currently being put together by ECS and a further announcement will be made when this is finalised..

If I remember right he has still not responded to anything yet

Head firmly up his backside.

Green party have no idea of how to deal with the energy crisis in Ireland.

Do you think a big company will take the government to court ?

If they can get ride of Ryan or force him into a corner we can roll out Mag Mell.

Think what that would do to this share value !

Ireland

On the 28 July 2023 the Company received an acknowledgement from the Department of the Environment, Climate and Communications ("DECC") that a request made on behalf of the Company and its potential partner in the event of a future award of a Frontier Exploration Licence in respect of "Corrib South" was receiving attention.

Corrib South has mid and high case estimates for gross gas resources of 137.8 and 484.8 BCF respectively (PRD net interest 50%) with a 44% chance of geological success and a 50% chance of development (Tracs International Limited July 2023).

It that happens then I'll wait for Trinidad to do something. It would be like a free hit. I guess it would not matter by then what the share price was. Just how many shares you own.

Thanks for the info.

Of course nothing is certain but still a possibility of a dividend etc ...

I've been reading up about Trinidad. It looks interesting but I agree it could take years to get it up and running and a lot of brown envelopes 😆 . Morocco has a different approach to government. Still red tape but they need the gas and oil.

Not sure how royalties work but if we did sell Morocco would we have to continual to hold shares in predator to get the royalty bonus or would it be a shares held at the time of the sale ?

Is does look a little like that in Trinidad but Paul is no fool . Maybe he wants to build it up to sell on to a company that will accept the politics of the country.

Did I read he was looking at a second avenue of business there? I remember something about Green Energy as well .