Member Info for NickNorth

If PRD are being put under pressure to start producing you can understand why. Old news but highlights the spike (and cost) in imported gas into Morocco.
https://www.moroccoworldnews.com/2023/02/353990/moroccos-lng-imports-from-spain-spike-in-2023#:~:text=Morocco%20switched%20to%20LNG%20imports,flows%20through%20Morocco%20to%20Spain.

Pithchetwin is Spuds69. Probably having to use this account due to the other being banned, again.

Why book a Sunday Roast slot unless Paul has something new to discuss?
As mentioned before, PRD do like a Tuesday or Thursday for an RNS. But usually, media presentations aren't announced until after an RNS.

Sat on a cruise ship in Livorno port in Italy (in the bar, obviously) and have watched 3 LNG tankers arrive in the past hour. Bit windy so the have been assisted in by tugs.
Come on Ireland, pull your finger out.

Assume GRH twitter post relates to MOU3 for salelite images. Does anyone know the actual location for MOU3.
There is little visible change at MOU1 and MOU2.

Are you invested Mumbo? And if you are, will you be selling on today's disappointing news.

KeithOZ, as a satellite watcher I'm also keen to identify the location for MOU3. From your description of the location being west of MOU2 and next to the A2 I've found the following:
https://apps.sentinel-hub.com/sentinel-playground/?source=S2&lat=34.31028026791542&lng=-3.4255042138102&zoom=16&preset=1-NATURAL-COLOR&layers=B01,B02,B03&maxcc=99.79499999999999&gain=1.0&gamma=1.0&time=2022-09-01%7C2023-03-21&atmFilter=&showDates=false&showImage

It's been 'developed' through the month of March to what now looks like a site of some sort. Pure speculation again as we struggled to see the MOU2 site on the satellites until its completion was announced.

affc, apologies, you are correct from the latest rns. Gas target for MOU3. Got a little over excited.

A little confused with the MOU number changes. The Feb presentation doesn't mention MOU3.

But.... the RNS of 24th October 2022 does designate MOU3 as being the previously named MOU-NE. The location for MOU3 had been determined and a CPR being commissioned. Further more, "MOU-3 will be the next well in the drilling sequence and will test a 35km(2) area within a larger Jurassic oil prospect."
OIL, not gas.

Imagine, 2 producing gas wells and an oil discovery.

Do we know the location for MOU3? Would like to watch the satellites (again) to track progress of pad construction.
Images of MOU2 and MOU1 have shown little change over the past days/weeks but that's not to say nothing has happened at each site.

Haven't we already had notification in a previous RNS that a CPR was being produced for MOU3? So todays fund raise is for acceleration of the drill program.
We will be updated on MOU1 and MOU2 when there is something to tell us.

MOU1 testing plan has been completed in great detail and now PRD have to follow regulatory process and procedures with the Moroccan authorities.
As PG stated, testing in March. Simples.

Trolls earning double time at the weekend! Are they expecting an RNS on Monday?

Blun91

Suggest you go have another "good look", read the latest RNSs and watch the latest videos.

MOU2 target wasn't missed. It was suspended due to mud issues just above target. Suggesting re entry will be 23/24 is just ridiculous.

Timing, strange! Italian job on TV today.

"You're only suppose to.........."

At the age of 56 I've never been invited for jury service. Shame really. Being a logical fella who can see the reason, analyse the data and make the correct decision, I'd be an ideal candidate.
That's why I have such a large holding in PRD.

Reworking the data regularly. "anywhere between 20 or 50 metres off the target."
Not the 250 meters previously stated. Excellent.

My top up yesterday seems very well timed.

Is definitely still on pad from the latest satellite image. There is some difference in images between 25th (previous without cloud cover) and today's.
Could the dark item just of the right of the pad be the collection of drill pipes?

If a cash raise is coming, so what. I want this drill completed. The size of the prize is too big to leave in the ground.
MOU1 testing should give some confidence at what we are looking at.
I only wish we'd had raised more at the last funding to put cash in bank for all the planned and future drills.