Member Info for NickNorth

7 days until investor presentational and Q and A. Have to suspect we'll have more news before next week. Would MOU1 log data be available by then?

Have read the rns a number of times and don't see any mention of 'duster', 'abandoned' or any other words to indicate a failure. I see lots of 'potential' and 'interval' and other positive words.
We have some project issues that need to be overcome. No panic here.

"Are we there yet". Who agreed to take the children on this journey. Sat in the back seats, heads down with no ideas of the conditions of travel.
Trust in the drivers to get you to the destination when we arrive.
"We will be there when we get there".

Agree with Mr OZ. Image of MOU2 changed between the 10th and 13th but has been consistent since. Next image on 23rd.

The flare 'data' I'm watching from skytruth is only up to the 16th and shows nothing in the Guercif area, yet. If it ever will.

Remember..... "A further update will be given, which is subject to partner approval, when MOU-2 reaches its intended pre-drill total depth of 1,500 metres TVD KB and prior to the commencement of wireline logging operations."

We don't know spud date and only have an indication of drill length. But... it will be soon. Very soon.

The MOU2 drill pad is right next to the A2 highway so you would be able to see it from the road.

I've been trying to find a gas flaring map which I think would be provided by Skytruth website but the data is a 5 days behind. Waiting to see whether MOU2 appears on it but suspect we'd have a RNS before then.
Now please don't take this as truth but the latest satellite image from Sentinel (today 13th) is different from the 10th Jan image and show a brown/red blob at the top of pad. If MOU2 td has been reached, and gas is being flared, would it appear on a normal satellite image?
https://apps.sentinel-hub.com/sentinel-playground/?source=S2&lat=34.322429965310825&lng=-3.368682861328125&zoom=16&preset=1-NATURAL-COLOR&layers=B01,B02,B03&maxcc=98.845&gain=1.0&gamma=1.0&time=2022-07-01%7C2023-01-13&atmFilter=&showDates=false&showImage

Hoping someone with more experience in the market could provide some guidance. When MOU2 is drilled and both MOU1 and MOU2 are declared commercial, would PRD run CNG production from both well sites?
MOU2 being so close to the highway is the obvious choice but what about MOU1?
I can't see any information in recent RNS that give me any guidance, especially for the future gas production from MOU1.
Thanks

More change at the drill site from today's satellite image. Since the 24th we now a large structure in the middle of the pad. I think the drill is up!.

Spud RNS as soon as the markets open on the 28th?

https://apps.sentinel-hub.com/sentinel-playground/?source=S2&lat=34.32258945786063&lng=-3.3682966232299805&zoom=16&preset=1-NATURAL-COLOR&layers=B01,B02,B03&maxcc=20&gain=1.0&gamma=1.0&time=2022-06-01%7C2022-12-26&atmFilter=&showDates=false&showImage

Merry Xmas and here's to an extremely prosperous new year.

Latest satellite image from today is very clear and shows a new structure on the bottom right of the pad. Access road is very clear also.
https://apps.sentinel-hub.com/sentinel-playground/?source=S2&lat=34.32258882510882&lng=-3.368299018620746&zoom=16&preset=1-NATURAL-COLOR&layers=B01,B02,B03&maxcc=98.9&gain=1.0&gamma=1.0&time=2022-06-01%7C2022-12-24&atmFilter=&showDates=false&showImage

Next image will be on 26th. I'm look forward to seeing an image with a flare when we hit the mother load!

Must admit I was hoping for spud news this week. Will the drill company be working over the festive season if all parts arrive?

Suppose the TandT news is an early Xmas present.
2023 is going to be epic.

Transit of materials is a real problem and very expensive in these time. But... they are due imminently.

What I take from yesterday's RNS is that greater news is coming, very soon. It was a general update and didn't include anything sensitive other than possibly the DECC meeting. Is that lining us up for big news from Ireland?

And...."Whilst Moroccan gas remains our focus unexpected progress in Ireland and Trinidad has opened up the potential to create additional shareholder value in 2023."

Do we believe we'll get an update RNS this week?
Last year we had an operational update on 15th December.
Satellite images seem to show action at MOU2 site. So spud should be imminent?
GRH has gone very quiet on twitter!

So surely it must come this week.

Obviously we are a little confused about drill site for MOU2 but the latest satellite image for the site identified in the last presentation shows more 'stuff' in situ. There is a distinct difference between 9th and 6th images.

Latest image is.. https://api.soar.earth/short/s1906rao27

Think we are very close to getting that spud rns.

GRH being cryptic on twitter?

"As some folk on LSE might recall...

I sometimes go quiet".

Wonder if news is imminent.

Easy to distinguish between the traders and investors.

KeithOz. Makes sense that what we are seeing at the site identified as MOU2 in the presentation may now actually be MOU3.
Could you please post a satellite link to where you think MOU2 is. Many thanks.

In 2 days Adon30 assuming no cloud cover.

Having previously speculated on the location of MOU2 via changes in satellite images, there now seems to be some activity at the actual location identified in the PRD presentation.
Over the past 3 satellite passes, changes can be seen directly at the original location. Latest image attached.
https://api.soar.earth/short/sao174a4o7

Is this drill equipment now arriving or is the landowner doing some other work.
Would appreciate your thoughts KeithOz.

PRD rns can be a little inconsistence and don't always update on information provided in previous rns.

It leaves things open to speculation. For example. RNS from 24th October mentioned MOU3 (previously MOU-NE) and that a CPR was being commissioned for the 'prospect'. The latest RNS again mentions MOU3 but no update on the CPR and calls us a 'gas delivery' well.

So leaves me to speculate that the CPR has been completed, the ranges/values are excellent and because we have 'industry interest' (speculate what that means!) it hasn't been released.

Thoughts anyone?