Member Info for MrMarketMaker

NOTE :- significant increase in production was achieved

https://www.academia.edu/18851547/Potential_for_EOR_using_CO2_in_Trinidad_and_Tobago

FLOW TEST RESULTS DUE AT ANYTIME

It’s low risk with VERY HIGH rewards - it will prove our concept and dr-risk every field in Trinidad (4800 wells)

Goodnight all

https://www.globalccsinstitute.com/archive/hub/publications/54126/ccs-regulatory-review-trinidad-tobago.pdf

Reuters) - Royal Dutch Shell Plc (RDSa.L) said it would sell its 45 percent stake in the Corrib gas venture to a unit of Canada Pension Plan Investment Board (CPPIB) for up to $1.23 billion, marking the oil company's exit from the upstream business in Ireland.

They finally sold it for €1 billion for 500 BCF so that = $2 billion for 1 TCF (In Ireland) .

Gas in Morocco is worth more and we are targeting 1.64 TCF to 3.733 TCF

ATB

It can happen and we have the assets :-

https://www.telegraph.co.uk/finance/financetopics/profiles/8113069/Dana-Petroleum-chief-Tom-Cross-reflects-on-the-deal-of-the-decade.html

Nice bedtime read

1640 BCF to 3733 BCF =

UNRISKED MKT CAP = $3,198 billion to $7,279 billion

Or that’s ....

UNRISKED SHARE PRICE OF :-

$13.32 to $30.33

DYOR AND GLA

Unrisked NPV per BCF of Miocene discovered gas is estimated by SLR to be US$1.95 million, generating an unrisked estimated NPV for the Best Estimate net Predator gas resources of US$624 million.

This doesn’t include our new targets - the size of the prize is much much bigger than this now and I will do a new UNRISKED SP later on tonight as going out for dinner

Cheers ;)

LNG is worth £100m per year to PRD or £1.5 billion in total (15 years)

Morocco is a FREE DRILL and you can’t lose no matter what the outcome is IF you hold for Ireland imho

Please DYOR - that’s enough from me

ATB - hope some newbies found it interesting

https://www.spglobal.com/platts/en/market-insights/latest-news/natural-gas/060820-feature-wave-of-progress-for-uk-ireland-floating-lng-import-projects

Fact

https://energynow.tt/blog/building-a-new-state-oil-company

One major ongoing project is the onshore field optimisation project which aims to review and possibly reactivate 4,800 inactive wells on land.

We will be working with them :-

https://energynow.tt/blog/building-a-new-state-oil-company

3rd paragraph from bottom

“ They are also investigating the possibility of executing a CO2 EOR pilot project in the East Field”

18 Jul 2020 17:45
3,493 BCF is the best case is for Ireland x 2 and Morocco We own 50% of our Irish assets and 75% of Morocco 1 TCF is worth €2 billion And that’s without 15.62m barrels of oil from Trinidad We will of course lose a % for farm in but that gives you an idea of what could happen ATB

So for all 3 current projects (not including LNG) best case scenario with a 25% working interest in Ireland and Morocco = €2.25 BILLION mkt cap

FACT

Rig rate confirmed

Spud

Morocco result

Farm in partner for appraisal?

Co2 EOR monthly production figures

New partner Trinidad co2 for new wells (NDA already signed)

CPR Trinidad

Buy FRAM

Heritage - East Field Co2 EOR partnership

Barbados Co2 EOR (another country)

New acquisition

Seismic Ram Head

Farm in partner Ireland x2 with a major(NDAs already signed)

New LNG business with global farm in partner(NDAs already signed)

Two new Co2 EOR opportunities with local
Trinidadian company with potential collaboration onshore Guyana

Starting to begin M+A strategy

FACT

We will be working on the Woodbourne Field :-

The only onshore producing field in Barba- dos was eventually discovered in 1966 in the southern part of the island. This is the Woodbourne Field, which produces more than 1,000 barrels of light sweet oil and 1.6 MMcfg per day from the Eocene Scot- land Group sandstones. The traps probably evolved in the Neogene during a late stage of deformations and uplift.

FACT

We will be working with Heritage on other projectS

EAST FIELD will be one of them and it’s the biggest on shore field in Trinidad (73,029 acres)

FACT

You will see ....

GLA

Always negative aren’t you ?!

IM A LTH WHOS ULTRA BULLISH :)

Why don’t you trade it then

Pmsl

Nice white bullish candles forming ...

How’s the moving averages now :)

STRONG BUY - just is