Member Info for Madman-Rob

They way I look at it is:

We have successfully completed the drill. If we had not, then we would of been informed by now via an RNS.

If the drill is complete, then that's fantastic news. I'm hope I'm right in my assumption.

We know there is gas in the sands. The next stage is to test MOU-3 and 1.

I could be wrong but if things are starting to move on site then hopefully it indicates that the drill has finished.

MOU-4 pad must be near to completion and the funding/ drilling program will become clear.

Exciting times ahead.

MMs trying to remove stop losses 😄......

How many people will be logged on here at 7:59 am on Monday........ 😂

It would make sense to start the testing program first. It would also help push up the share value.

How long before the pad work is finished on MOU-4?

I'm thinking Paul's probably needs 3 wells up and running to get the best deal.

He may want to test all three and wait untill MOU-4 is underway. But think it more likely that testing will start sooner.

I wonder what plans are in place for the mud issues on MOU-2?

Lots of unknowns but certainly looking promising.

Next week will probably be the most important time for shareholders.

We will hopefully get the RNS saying that MOU-3 was successfully drilled.

We should get an indication of the six potential gas migrations. This will be added to the other zones already found.

A successful drill will de-risk the well and the share price will rise to account for the good news. I'm hoping for a massive re-rate. Nothing is certain but there is gas in the sands.

We will then need to find funds for MOU-4.

Various ways to raise the money .

If it's via another placement then the placement price will not be low. The share price will already have risen to a far greater price than it is today.

The testing will then start.

Exciting and neavous times and many will be looking for the Monday 7.00 am RNS.

Good fortune everyone.

The time of waiting to get in at an lower price is over.

The annoying thing about this share is the time taken between the last drill and the next drill, with no other projects in-between. This is not the first time there has been large gaps with little progress.

What are all the staff employed actually doing in the months of inactivity?

Drill pad is going ahead and that's it.

They say the want to drill 3 wells this year. They also say that they may have two rigs working in tandem.

That sounds good but the market wants results not promises.

Without news this share stagnated.

Looking forward to Q2 and spud date and hope bloe don't slip from their promises.

Still happy with this share as a long term hold.

Yep they are in demand. 11:70p on HL

Https://youtu.be/vjD3EVC1-zU

Over the last few years predator have been discovered by a small band of investors.and those that have understood the potential have loaded up.

Most of us on here should now be in profit. We have low averages and if this goes well will make massive amounts of money.

On this BB we are all aware of what Predator can achieve.

Now, the general market is starting to look at the potential.

Loving the share movement over the last few days .

Nothing is certain but looking promising..........

Is it in Devon ? I'm sure I've been there !

Few missed words. Always hard to type on a tiny phone screen 😞

Money may still be needed but many ways to achieve the sell on of this Morrican project.

Been invested in Predator for many years and watched as my paper profits turned into paper losses, then back to profits and so on. This cycle has been repeated many times. But with each new cycle, predator have moved closer to achieving success.

I have always trusted my research and the management team. This research has been enhanced by numerous posters on here.

There has been problems along the way but was never tempted to sell.

Trinidad was a good example of what can go wrong. But, with a strong management team, Trinidad is now looking like it will give a healthy long term return.

Ireland has taken an enormous amount of perseverance over many years and PG will not give up. Something has to give and we are in a great position to make a massive amount of money there.

We had the Sunday Roast, MOU-2 mud problems and multiple fund raising. But, dispite the obstacles, we are fast approaching what I think is pay day.

Still work to do to prove up things......

Paul first found this Guercif basin many years ago and purchased is as soon as he could. He knew it's worth and invested a lot of his own personal money into this company.

He always knew what was here, as he did with Ireland. These projects are the result of Paul's lifetime of work in the industry and he will make himself and us a lot of money.

There's always a risk....... But It's certainly one I'm willing to take.

The price is now back at near to my average of 8.51p.

So......

Where are we right now ?

We have a tiger by the tail and this has moved up to a position where Paul will hopefully have a very power negotiation hand.

Still many parts of the jigsaw to put together.

Money may still needed but many ways to achieve the sell on this Morrican project.

We are now about to have MOU-3 finish, MOU-4 moving ahead and the testing program is about to start

Plus the option to re-enter MOU-2 if a mud solution is found.

Exciting times ahead ......

As a LTH I do believe we will get a good return.

I just wish they'd keep us in the loop.

Hopefully we will get more information at the AGM.

At this stage of Bloe's development we need news. When it does come the share value responds.

We have all this wonderful news and I have re-invested but to date I'm not seeing a return.

We know about the next drill and the plans to drill 3 wells this year. This is fantastic and will in time impact on the share price.

I think the main complaint is what is happening to the other 3 projects?

The AGM will hopefully give us an better understanding of all of our projects.

Off to see Bob Dylan tonight in Alicante.

I have a good feeling that my already enjoyable life will be enhanced with additional funds from our Morrican adventure.

As Dylan poetical put it:

The answer my friends is blowing in the winds........

Are you listening Nige 🙈🙉🙊

Agender is: Nit picking on a small detail and continued to post about the same error.

Do you not think yesterday's positive reaction was due to the additional gas finds?

Even, if it is not grammatical correct , it still does not distract from what has been written.

They are still drilling.

Only saying!

This is what the, post-end results, RNS says:

Post-year end, Company production sees record levels at over 620 boepd (April average rate), reflecting the further success of well WR-B01Za.

Q2 should raise the share price as it will show record production.

Paul had stated that we are still producing record levels.

The share price is based on 620 boepd and anticipation of the 3 drills plus other future projects.

Many will be waiting to nearer to the spud date to invest. Good news drives a share. No news stagnates it.

This is a healthy position to be in and it will have generated an income and profit.the better the profit the higher the value.

Each new well will be priced in as:

Existing production, plus new well production, plus/minus a feel good factor, depending how the drill went.

This share price will raise on a successful drill. It will also fall on a duster.

We have 3 drills to look forward to this year. I think we should reach the 1000boeod figure and hopefully pass it.

16az promising 1000boepd took us to 17p.

I would be happy with 10p.

If Block Energy can produce another 400/600 boepd then I feel the tipping point will come where history no longer has an influence on the value.

I think we will see slow but steady progress with Q2 and spud being the larger movement days.

Other news will also play a large part of share movement. Not sure when the other projects will start to influence the value but in time they will.

I'm in for a long term hold. The research and figures are there for all to read.

Good fortune guys.

Thanks TT. Certainly encouraging

Is 11.5 BCF for MOU-3 only ?

Not fully got my head around the various figure that have been kindly provided by posters on here.

Also what is it potential worth, in share value or part of an overall exit strategy?

Share price a little over 6p........

Let the re-rate begin......

Very good news.......

Paul says:

The presence of shallow overpressured gas with an effective sealing caprock has added to the identification of two new potential gas reservoirs that were not known about pre-drill.

Of even greater significance is that the overpressured gas has validated shallow trap integrity and identified a clear path for the migration of deep gas into the next six targets to be evaluated by MOU-3.

Morning guys. Beautiful weather in Spain and I hear in UK as well. Enjoy the sunshine.

We are moving in the right direction and it's starting to look promising.

The 3 wells will add value.

The additional boepd, along with the record production we have at the moment, will see an increase in this share price. But it takes time and patience. Its Frustrating at times but the future looks good.

This is all without the other projects.

Could I respectfully ask that you all please refrain from replying to this paid, or just sad, troll. All they require is a response and they have achieved their objectives. I filter these annoying individuals but as other don't I have to keep reading about them.

If you don't reply they have lost.

If you do reply then they feel they have won.

The troll is currently miles ahead in manipulation of this BB and gets more replies than any other poster. That encourages them to carry on.

Looking forward to Mondays opening and hope we can see new investors taking positions. Q2 is also not that far away and should show record production.

Time to hit the beach and enjoy a swim.