Member Info for MrMarketMaker

Production figures due early Q2 (anytime now). If these are good then expect a massive surge up as it opens up the whole field .

Also news on our new partnership/ well over due

DYOR

This is the beginning of the story

Whatever TROLL

Fat fingers

Lol

Some say 1 trade = rns logged in system

Bod paid 3p for over £300k worth

Rns lodged?!

Looking good at long last

Long may it continue ...

GLA

From Paul’s mouth in last Vox market interview. Hopefully it will be good news and will re-rate us

I think it’s because they raised more money than they wanted as it was oversubscribed.

There will be a steady flow of news coming our way soon (from all fronts)

Calm restored I’m happy to say

Predator Oil & Gas
A very positive update from PRD this morning in which they maintain that the fundamentals are unchanged and so they are. Predator is well capitalised after its recent raise, it has low overheads and revenues are expected from Trinidad in due course. Indeed, Trinidad operations will be profitable even at the lower oil prices of c. $20 for WTI and the Innis-Trinity field remains operational despite restrictions on movement of the people.

Phase 2 of the CO2 EOR pilot project has been encouraging, with downhole pressure build-up the next step is to inject CO2 at even higher pressures. The additional time gives the company the opportunity to expand the CO2 EOR operations in Trinidad for a very low capital investment and therefore potential for additional revenues.

Meanwhile Morocco is affected by restrictions on rig crew and service personnel and the rig is stacked ready to be reactivated. Planning is still continuing at a minimal cost and no commercial contracts have been or will be entered into until new operations are resumed.

Having raised money very recently Predator is ‘very well placed to ride out current worldwide issues which will subside’ and is also in an excellent position to take advantage of any acquisition opportunities that may arise. Predator is one of a very few stocks that has discretion over spending, one potentially two exciting opportunities and the CO2 EOR operation could make the company into a genuine winner in the race to low or zero carbon oil production and with absolutely top drawer management.

NO - this is what was said

The rig earmarked for drilling the Company's Guercif prospect is stacked in a secure yard at SDX Energy, de-manned but ready to be reactivated for use by Predator with very basic routine maintenance when restrictions on travel for essential rig crew and service personnel are eased or lifted. Desktop planning for the well continues at minimal cost and inventory for the well is still available within Morocco. No commercial contracts have been or will be entered into by the Company in respect of drilling until the Coronavirus restrictions permit normal business operations to be resumed. Morocco is impacted by Coronavirus and like Trinidad is not yet at the peak. The Company's target is to be "drill-ready" to move to execute the drilling programme at the appropriate time following lifting of Coronavirus restrictions.

DOES NOT SAY 3-4 MONTH DEALAY ACTUALLY

Where does it say that the drill is delayed 3-4 months in the rns because I cannot see it !!!!

Paul said we should have flow rate rns early q2 (in last interview)which could get announced at anytime .

Very happy with the update - fantastic

GLA

Just reading it now

The market makers know exactly how many shares you have and when they were rolled over and due to expire.

They are taking this down and waiting patiently to take your shares from your hands at the lowest possible price.

They will get more aggressive as the days get nearer forcing you to sell your position early or by costing you more money as you hope that the price will go up a bit in the meantime.

The reality is there’s a massive seller with untold stock from the placing who is shorting this company to death and you sell at a lower share price the longer you leave it to sell imho.

STRONG SELL for those in leverage

The decision came as refineries around the world are processing less crude oil. Demand for transport has been hammered by grounded airlines and fewer cars on the roads as countries bring in tougher measures to fight the coronavirus outbreak.
However, an analyst said a collapse in demand from the measures taken to counter the spread of coronavirus was now the main factor.
"Oil prices failed to keep pace, with growing (coronavirus) lock-down measures and reports that this could drive global demand down 20%, potentially pushing the world to run out of storage capacity," said Morgan Stanley analyst Devin McDermott, citing a forecast by the Paris-based International Energy Agency.

The decision came as refineries around the world are processing less crude oil.

Demand for transport has been hammered by grounded airlines and fewer cars on the roads as countries bring in tougher measures to fight the coronavirus outbreak.

However, an analyst said a collapse in demand from the measures taken to counter the spread of coronavirus was now the main factor.

"Oil prices failed to keep pace, with growing (coronavirus) lock-down measures and reports that this could drive global demand down 20%, potentially pushing the world to run out of storage capacity," said Morgan Stanley analyst Devin McDermott, citing a forecast by the Paris-based International Energy Agency.

The price of oil has sunk to levels not seen since 2002 as demand for crude collapses amid the coronavirus pandemic.

Brent crude fell to $22.58 (£18.19) a barrel at one point on Monday, its lowest level since November 2002.

Meanwhile the price of US West Texas Intermediate (WTI) fell below $20 a barrel and close to an 18-year low.

Oil prices have fallen by more than half during the past month as companies cut back or close production.

The price of oil has sunk to levels not seen since 2002 as demand for crude collapses amid the coronavirus pandemic.

Brent crude fell to $22.58 (£18.19) a barrel at one point on Monday, its lowest level since November 2002.

Meanwhile the price of US West Texas Intermediate (WTI) fell below $20 a barrel and close to an 18-year low.

Oil prices have fallen by more than half during the past month as companies cut back or close production.