Cobus Loots, CEO of Pan African Resources, on delivering sector-leading returns for shareholders. Watch the video here.
See Proactive Investors link below.
This is looking very good for us both I.e. BPC and PRD as the T & T government is insisting on EOR for all new wells. I can't imagine they would want to use water when we've proved what can be done with CCS, and of course there are the benefits of carbon credits and greenie-brownie points to be earned with the government. Nothing oils the wheels of your business better than having politicians and tiresome bureaucrats on your side.
This could be the start of your recovery...goodluck, looks like our fortunes are to be entwined..
!:(()
https://www.proactiveinvestors.co.uk/companies/news/944194/bahamas-petroleum-highlights-multiple-opportunities-for-value-as-it-details-drill-programmes-in-trinidad-and-suriname-944194.html
See Proactive Investors link below.
This is looking very good for us as the government is insisting on EOR. I can't imagine they would want to use water when we've proved what can be done with CCS, and of course there are the benefits of carbon credits and greenie-brownie points to be earned with the government. Nothing oils the wheels of your business better than having politicians and tiresome bureaucrats on your side.
Who knows, Harry Potter may even contact Paul for a few lessons on how to get things done nicely without mugging off any local eco warriors, as well as buying in CCS EOR he obtained permission to drill in The Bahamas by the skin of his teeth
https://www.proactiveinvestors.co.uk/companies/news/944194/bahamas-petroleum-highlights-multiple-opportunities-for-value-as-it-details-drill-programmes-in-trinidad-and-suriname-944194.html
Do you ever post anything positive Afrim? Why be in a share and always don't down. I have my moment of doubt and pain, admittedly but with single, the negativity is like a dripping tap.
Cool with me Egg Chaser, but how will Harry Potter fund it? Maybe he'll issue a few more shares.
Harry mustvhave been a finance minister for the Weimar Republic in a previous life, you must be hitting the big trillion soon..
Interestingly, Harry Potter is still saying production is going to be increased to 2,500 bopd but this is the first time he hadn't added by end of 2021. Wonder if simple omission as he's so used to stating the date, or he realises it was a ridiculous and rash promise.
Still wondering if he's yet to contact Paul Griffiths PRD CEO for CCS EOR assistance as it is now the case in T & T that he must deliver EOR, which may have come as a nasty surprise. (And be the reason for having to reconsider timescales)
I'm presuming a well being drilled to facilitate EOR has to be drilled a little differently to a well that doesn't facilitate EOR.
Any 'hands on' industrial oil men in the house to advise?
https://www.malcysblog.com/2021/03/oil-price-genel-iog-bpc-predator-block-and-finally/
Interestingly, Harry Potter at BPC is still saying production is going to be increased to 2,500 bopd but this is the first time he hadn't added by end of 2021. Wonder if simple omission as he's so used to stating the date, or he realises it was a ridiculous and rash promise.
Still wondering if he's yet to contact Paul for CCS EOR assistance as it is now the case in T & T that he must deliver EOR, which will have come as a nasty surprise. (And be the reason for having to reconsider timescales, I'm presuming a well being drilled to facilitate EOR has to be drilled a little differently to a well that doesn't facilitate EOR.
Any 'hands on' industrial oil men in the house to advise?
https://www.malcysblog.com/2021/03/oil-price-genel-iog-bpc-predator-block-and-finally/
Cheers Sefton, don't eat meat myself either which is a shame cos I used to love tripe and black pudding. I may well check it out some time in future,. Sad to admit, other than Nile perch, what I loved most about the food in Ethiopia was great Italian, best pasta I've had outside of Italy.
Away, best not natter too much off topic or we'll get a dissing. I'm on the naughty step on.the Bloe board for shameless PRD ramping/poaching on there yesterday.
Devil makes work for idle hands to do, hopefully the country will be opening up as promised and I will spend less time watching my shares and reading these boards.
We're on Zak Mir's Bulletin Board Heros again. He reckons 18p by the end of next month. Happy days, he's called the last two rises in PRD and my other biggie RBW almost spot on..
https://www.share-talk.com/share-talk-bulletin-board-heroes-wednesday-17th-march-2021/?utm_source=mailpoet&utm_medium=email&utm_campaign=the-last-newsletter-total-posts-from-our-blog_2#gs.wi5rk1
Yes Tim, this is dry compressed gas to be package and sold to industrial customers. They can't just plug into a pipeline and siphon.off gas for their factories just because it happens to pass nearby.
Thankfully we are drilling in Morocco rather than Nigeria. I was briefly in Savannah and wasn't that surprised to learn that such activities are an occupational hazard. Who.needs Islamist terrorists destabilzing your country's energy supply when you have bungling thieves robbing oil, petrol, gas and electricity from your business.
Hi BDT, MEM
See below some text of ramblings I posted to you both a week or so ago.. Truth can sometimes be more weird than fiction- as per this morning's RNS. our Irish LNG FSRU project has been named Project Rainbow
Adonis is the biggest shareholder in RBW which produces NdPr for wind turbine magnets. PRD are looking at integrated power systems gas supplementing wind turbines.
This sounds like the ravings of a fantasist but I feel some connection but can't put the pieces together yet.....
No Dave, the truth is far less interesting. I just had the devil in me yesterday and was bored. I hit the LBE board with similar as well, trying to persuade a couple of investors annoyed with a flat lined share to pile money into PRD instead.
I still hold 1m Bloe shares,more now than ever before, I just think if you fancy a bit of a Bloe out, you may as well do your worse. Rather like not drinking for a few months and then getting disgustingly and dreadfully caned...
I've sold £1.5k LBE this morning after many tries, it has low liquidity, but keeping hold of Bloe for the time being...I may be a snakey fox but I never lie unnecessarily...
When I got my retirement lump sum in May, TXP was screaming buy to.me at 30p but I didn't. Reason being was that it had already three bagged and I decided to wait for a pull back that never happened. TXP has rIsen a further five fold since. With some shares it"s never too late...
My brother in law asked for some advice a few months ago, I gave him PRD and RBW but he was worried that they'd already trebled in twelve months. Thankfully he was open to persuasion and went for it. Both have since doubled and plenty more to come.
I was thinking about Eire's fossil fuel conundrum this morning and I honestly think that they are going to leave until the very last minute when crisis is upon them. I have a deep fondness for the southern Irish as a rule, but anyone with Irish friends or colleagues may notice they don't move quickly as a rule.
Numerous occasions I've heard them squealing about Ryanair or BA quadrupling the price of flights to Dublin for Christmas or Easter. Guess what? Next year, same thing despite having had twelve months to sort out a cheap flight in advance.
Now here's a thought, only 50,000 brave members of the millions of Irish diaspora ignored their government's orders to return home at Christmas.
This year, there will no doubt be millions as they are being told to stay away this Easter as well. Suppose Eire is still three power stations down (one being repaired at a snail's pace, the two peat burning ones for eco reasons) Best hope with this huge influx or ex-pats there isn't another cold snap as the time, it could be an a red alert rather than amber.
I've been a loyal cheerleader for Bloe, fencing off oddballs like Mike31 and Bill Tucker in his numerous incarnations but no excuses. That was snakey of me admittedly, I consider myself well admonished.
The Devil makes work for idle hands to do, I pledge not to diss Bloe again. Sure we'll all be in the money soon, 3p must break.before too long..
Howdy Chesh, long time, busy updating my winnings spreadsheet from PRD. You know how it is this time of year, moving stuff around, preparing profits for next year's ISAs , maximising capital gains etc.
Has Harry Potter been in contact with our CEO at PRD yet I wonder? He really does need spot of help with CCS EOR if he's go go from 500 bopd to the magical 2500 that he's promising you all.
I see Leo Koots company is being taken over by KIST. Andrew Austin would be a CEO to die for if Psul Griffiths wasn't so magnificent. Perhaps Harry could persuade Andrew to throw his lot in with BPC having the Leo connection to play upon...
Toodle pip for now
Nicodemus))():
I know it's a little naughty but if you try hard enough, you can aleays find an excuse for a cheeky PRD plug on another of your share boards.
The desparados at BLOE where I'm still in over 2 years for old times sake, are celebrating the CEO taking a 2.5% stake . A ready made excuse for me to compare that to Paul's 20%. As a cherry on top for an added dig, I mentioned that until a few months ago Bloe had a market cap twice PRD.
The exact opposite is now true.
Good Afternoon Ash- You could do worse than buy Predator- PRD
I've been auditing the family ISAs and three weeks ago temporarily sold £15k LBE and but in PRD to crystalize a quite chunky CGT loss- A very good move, as well as crystalizing the loss the investment is now worth £30k as I couldn't bring myself to sell as it keep rising and LBE stayed flat-
I've now only got £10k in LBE, down from £35k a year ago- it is just tempting to keep chipping away but I still have faith so will try to not be tempted to pull out any more-
Apologies if this has already been posted, a few weeks old but the interesting quote I'm highlighting is below. Eamon is admitting Eire can't do without fossil fuels, not until 2030 but until 2056. Just get on a agree to buy our non fracked gas, move on and start planning for a green future but stop prevaricating- it's better than buying fracked gas, coal, peat, oil or nuclear.
The climate-change legislation being debated in the Oireachtas sets a target of a zero-carbon society by 2050. “That is no small shift,” says Eamon Ryan. “It requires a new industrial revolution that takes fossil fuels out over the next 35 years.”
https://www.irishtimes.com/news/environment/ireland-s-energy-crisis-1.2111299