Member Info for NickNorth

Satellite images over the past 2 weeks have not shown any activity at MOU-1. Explanation may be that successful testing at MOU-3 has proved all previous understanding of the links between the sands intervals between the 2.

From MOU-3 RNS 27th June 2023….

“MOU-3 well results have confirmed that the Ma to TGB-6 interval can be correlated with the same gas-bearing interval in MOU-1, approximately 7 kms. to the southwest. The two well data points now support a seismically defined sequence covering an area of up to 58 km² that potentially forms a combined structural and stratigraphic trap for gas.”

Exactly the spot I've been keeping an eye on Keith. Was waiting for it to turn drill pad grey before posting it. Bit further away than the 1.7km SE previously mentioned but has appeared over the last few days.

What has this got to do with "big banks"? You not seen the majors profits in the oil or gas sector recently. Not as big as during the pandemic but still enormous.

PRD keeping MOU5 in the spotlight...

https://twitter.com/Share_Talk/status/1755506130774528206?t=sy2bYfG5Qfq1wWFtB2qkmg&s=19

MOU3 as at yesterday..

https://dataspace.copernicus.eu/browser/?zoom=16&lat=34.32189&lng=-3.38608&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fsh.dataspace.copernicus.eu%2Fogc%2Fwms%2F274a990e-7090-4676-8f7d-f1867e8474a7&datasetId=S2_L1C_CDAS&fromTime=2024-02-07T00%3A00%3A00.000Z&toTime=2024-02-07T23%3A59%3A59.999Z&layerId=1_TRUE_COLOR&gamma=1.5&mosaickingOrder=mostRecent&downsampling=NEAREST&demSource3D=%22MAPZEN%22&cloudCoverage=30&dateMode=SINGLE

Posted with the usual caveats due to the quality of images from the Copernicus Browser.

“Things” seem to have moved off the MOU3 drill pad after the 2nd February image, but rather than moving onto MOU1, “things” at MOU4 seem to have appeared. No visible changes at MOU1 or MOU2.

If this is testing equipment and I emphasize the IF, then we may have a change the testing program detailed in the 12th Jan RNS. Could positive data from MOU3 testing result in no need to test MOU1? So, let’s do MOU4 in Phase 1 instead.

Interesting times with much to speculate on.

PRD do like to confuse us with well locations and names!

So is MOU5 now MOU4-NE that was mentioned in the 12th Jan RNS? And you think it may acually be SE of MOU4?

Excellent RNS by the way.

It's the HPB effect. Never seen a blue finish when he predicts one. 🤣

GrH refers to himself as ROB - Random Old Boy

First news indicator - tick. Screen is full of green.

Just need trade volumes to pick up today for the second indicator.

Question for the mining experts. Could testing, or preparation for testing, result in some flaring or gas escape? Which is then capped off?

Recent images on the 18th and 23rd January are very similar but the image from the 20th has a "blurr" in the middle of the pad for MOU3.

Matt. Completely understand your scepticism. It's not the most reliable source of data.

But going back through images/dates shows no fields or agricultural boundaries in this area.

Haven't commented on the satelle images for a while due to obvious issues when using the freely available data from Copernicus Browser.

But there is some very visible change, not on but just under the MOU3 pad attached to the access road. Appeard after the 10th January 2024 image and is still visible on the latest image yesterday. Very square edges. CNG preparation?

I will be watching with anticipation for MOU4-NE, MOU3-NW and MOU3-SW.

https://dataspace.copernicus.eu/browser/?zoom=18&lat=34.32114&lng=-3.38563&themeId=DEFAULT-THEME&visualizationUrl=https%3A%2F%2Fsh.dataspace.copernicus.eu%2Fogc%2Fwms%2Fa91f72b5-f393-4320-bc0f-990129bd9e63&datasetId=S2_L2A_CDAS&fromTime=2024-01-18T00%3A00%3A00.000Z&toTime=2024-01-18T23%3A59%3A59.999Z&layerId=2_FALSE_COLOR&demSource3D=%22MAPZEN%22&cloudCoverage=30&dateMode=SINGLE

Observation I have about the ITR is why is it being produced by Scorpion Geosciences, who is just Timothy Wright, and not some larger organisation? Couldn't find any connection between Lonny, Paul or Moira to Timothy.

All that is missing as an indicator of news tomorrow is a screen full of green. Unless the trolls have realised that time is up for their games.

Looking back through the years we have had an operational update every December. Latest date being the 15th of December.

Is that a regulatory requirement or just a PRD habit? Will we get one this December?

Have 52 names in my bin belonging to probably 4 or 5 persons!

Interesting volume in the first 2 hours of trading. If that continues through the day and my screen is washed with green then I would suggest news tomorrow. BWTFDIK.

Wonder if we'll get an interview from PG this time?

Some notification of directors buying shares may help with some confidence here. If they are allowed that is.

Now expect to find OIL at the next drill.

"These locations include a potential well to approximately 1,100 metres RKB to test the Jurassic prospect updip from the MOU-4 well. An independent geochemical desk-top study has commenced to assess the potential for mature oil and/or condensate source rocks in the Jurassic in MOU-4."

Could someone please remind us what 50M cf/day works out at with regard to revenue. Thanks.

My math (could be very wrong) based on litres and euros is about €1.4M per day.

I know people are a little bored with my satellite reviews but again, there are changes at MOU2 between the 26th and 29th of November. All other pads are as is.

The point for me is that things are happening not just in the office regarding legal/contractual discussions but also on the ground. It may just be equipment movement, it could be drilling/testing. I don't know. Only PRD can inform us what is going on. Waiting patiently for the next RNS.