Member Info for NICODEMUS63

See below- just found this site and have tested some of our peers as well and it's pretty much what I would have thought myself

PRD outstanding
TXP good
TRIN not so good
CHAR, SDX and SOU all bad

https://walletinvestor.com/lse-stock-forecast/prd-stock-prediction

and finally... as I can't resist a cheeky cross ramp because I've been whittled me RBW:PRD ratio from 20% to now 10% and need to make some back...RBW is 'awesome'....

Nidge says it's pyschotic to stick a pension fund on a micro cap o & g but for a brief few minutes on Friday 4th of June, I was £0.5 million in profit- not bad as I didn't get my pension money until last May- I lost £25K each on BLOE and LBE...

Fortune favours the bold.....

Andrew Carneige said- put all your eggs in one basket and watch the basket

https://walletinvestor.com/lse-stock-forecast/prd-stock-prediction

Did anyone else read what Minister Young had to say on page 2-3 of T & T Energy Now? Other operators being in the context of as well as Heritage

'stated that the government will welcome any expressions of interest from other operators in exploration and production. He explained that approached from small and nimble operators would be especially welcome'

That's certainly directed at ourselves, TXP and TRIN rather than the big beasts on the manor.... Still think BPC/CEG are going to be out of the game before long..

Back to being adult--2D, that is a very interesting article because everything we have been seeing up to now i.e. Irish data centres accounting for a third of electricity consumption by 2030 (or I've even seen 2028) has obviously not factored in growth which looks more like two thirds.

Surely they can't be wanting to refuse fresh applications due to the fact that they can't guarantee supply, Dublin is currently the data capital of Europe, for how much longer though if their rulers don't see sense.

Where's Porters gone? Was just looking forward to a spot of bantz-- touched a raw nerve there didn't I? Sounds like he's an straw chewing yokel, maybe inbred and confused as to whether his cousin may also be his mother or his sister- maybe all three.

Great find in the Irish Times re the data centres Lancy- So the Irish energy regulator...

has told national grid manager, Eirgrid, and ESB Networks, to prioritise applications for connections to the electricity system from data centres in locations where power supplies are not squeezed.

So they are seriously asking them to move them away from Dublin, but where to? seems to me by the looks of things that power is squeezed through out Ireland other than maybe in the border areas around Ulster. Certainly I expect it to rule out any large cities and towns as well as Dublin but the companies running them need a technically well educated pool of potential employees near by- not farm workers living small rural villages.

Nice one Lancy.

I've long been thinking our partnership with Massy is going to pay hugh dividends, both figuratively and literally for reducing C02, our ESG credentials and in our pockets. One thing Massy produces lots of in ammonia, and production of ammonia leaves a very big carbon footprint.- If anyone is interested there is a link below regarding producing far cleaner ammonia and hydrogen- It's a bit of a paradox that hydrogen is being touted as a green saviour fuel because as things stand, burning hydrogen for power instead of fossil fuels is very good, producing hydrogen using conventional methods is very bad.

If we could get in on a cleaner ammonia game with Massy, with that much attention on hydrogen at the moment, it will be a licence to print money- Morocco import huge amounts of ammonia to mix with phosphate (of which they are the world's leading producer) to make fertilizer. Morocco are also keen to set up green hydrogen power stations, but have shown themselves to be rather pragmatic (Ireland) in regards to transition fuels, so may look at grey hydrogen in the first instance.

https://www.sciencedaily.com/releases/2020/12/201201103624.htm#:~:text=Singh%20and%20colleagues%20have%20developed,screen%20helps%20drive%20the%20reactions.

MK..This is puzzling me as the ex Columbus assets owned by Challenger, CEG (BPC's new name) are only producing 450 bopd. Or at least they were. Whether there is anyone left in the company who knows how to properly manage a producing field is a matter of conjecture...

Could a million additional barrels possibly be extracted from such as smallish field using CCS eor? Surely not, but it were the case, the potential is astronomical.

That's truly great news Wacky,Razorman.

I had a good feeling that Minister Young was the new broom that the country needed to revitalise flagging og and chemical industries.He hasn't disappointed so far.

Wacky, sorry out and about so can't delve and do own research. Minister Young re Jubilee Field EOR flooding??? Sure he meant CO2? Sounds like could be water EoR.

Exactly Adon, our business is just as much about reducing the need for fresh drilling as CCS. The future for fresh onshore drilling and new pipelines in the West is looking pretty gloomy. From indigenous groups in the US and Peru to resident's groups and local county councillors of all political persuasions opposing UKOG in Surrey and the IoW.

Even offshore drilling can't be guaranteed without a fight, just look at the opposition faced by BPC prior to their Perseverance 1 drill in The Bahamas.....

Morning Blackdog- I'm very happy to know that you moved CHAR cash to PRD cos of me. This will be a life changing share for us all who got in earlyish or those who are piling in big now.

I honestly don't see how investors in Moroccan
o & g are sitting with CHAR, SDX or SOU when they must be aware of PRD, our much more massive potential, our track record of success and rather spectacular growth since last April. I suppose though, shares can become an attachment, and selling at a loss,even to stick on a winner is an admission of failure..

A year ago I started to rebalance my portfolio away from Rockrose to PRD on the basis that RRE could triple if I were very lucky, PRD upside was almost infinite...I was right, one doubled and one has thus far 4/5 bagged.

All cool Blackdog, thanks. £100k up in the morning, £25k down in the afternoon. C'est la vie..all on paper, and up on the week..

Exciting stuff, seems a lifetime ago we couldn't break 4p, must have had ten runs at it but it was less than a year ago. Was musing what a great problem to have when someone posted 18p is our glass ceiling..We'll break it soon but maybe less spectacularly and hold above next time....

20.20p just paid KUMS- thought I'd beat you to.it...

Peter- world still needs oil and gas for the next two decades, hopefully not longer but many pundits saying three. We are probably leading UK o & g for green credentials. Our use of CCS eor helps the environment in two ways

a. Safely disposed of CO2
b. Extends the lifespan of existing oil wells meaning less fresh drilling in places of unspolit beauty e.g.wilderness of Alaska, deserts of Mongolia or the pristine waters surrounding The Bahamas. Only some 30% of oil is ever recovered from wells using natural flow . If ccs eor was used on all existing wells before they start to 'dry' up, there would be enough oil to.last a couple of decades without needing to drill afresh..

In regards to gas, we will never use fracked. Currently UK 3rd biggest LNG imports coming from US which is mainly fracked. Finally, natural gas us better than oil and coal. We will help Morocco medium term to transition to gas power stations from oil and coal fired ones. They are being sensible, their goal is hydrogen, solarcand wind but realise gas is the best interim solution.

Malcy referred to us as the 'Greeta stock' and this persuaded vegan, Labour party member wife and solidly green vegan daughters to jump in with me last June/July...

T & T has just gone on the UK Government travel red list. Not great news but the beauty of PRD is we have plays on three continents. Certainly puts us in a better position than fellow UK o & g companies primarily focused on T & T.

https://oilprice.com/

Unfortunate coincidence??

WTI may well hit $70 tomorrow, glad we are well away from the Middle East..

Welcome aboard broms, fill your boots, PRD will make us rich. The Predator website sums our three plays up very well. It's out of date in parts but otherwise , provides a good start for understanding the core business.

Who's to say that T &T will not soon become a world showcase for how to turn a mismanaged, neglected state oil company into something great with world class eco credentials.

It ticks every box, Heritage rising from the ashes of Petrotrin. Piblic/Private partnering with three small British companies,PRD, TXP and TRIN working with them us a highly supportive government. CCS EOR, University of the West Indies ( which has a cracking reputation) working in.partnership as well for whatever other green cards our CEOs have up.their sleeves.

Sinopec are going to be attending the conference at the end of June to look at EOR, maybe next year, other such big beasts may be wanting to check T & T out.

If you are in for the medium/long term it's all paper profit/loss anyway. The Green Revolution is going nowhere, renewables have become energy mainstream- it is bigger news now when multi national o & g companies announce a fresh exploration than a multi billion dollar investment in wind or solar.

Heat's on re covid Wuhan testing- I'm expecting to see US Chinese relations hit an all time low. RBW could even be in a position to.keep both sides sweet, sell Burundian rees to China, South African to the US.

Will we be 20p or more in 6 month's time? I'm sure we will and hopefully in a year way and beyond..

Great stuff on the website but could do with a read through and a tidy up. Maybe I'm a bit of a pedant where admin is concerned but hate seeing obsolete stuff. Can give the impression that an organisation isn't great on detail or presentation e.g. below

Discussions with rig owners will progress further with the objective of seeking a suitable rig to drill the Moulouya Prospect in the late third or fourth quarter of 2019.