Member Info for NICODEMUS63

Anyone see that last Presidential debate? Biden as good as have his word that he'd not be banning fracking, obviously worried about swing oil producing states.

Looks like the US will be exporting Permian fracked oil & gas for some time to come. Which might not be great for the environment but it certainly makes our LNG product greener than green. First we attack fracked LNG . Once any opposition.has been soundly defeated, and we have a good wind behind us with Ireland and France...Second...we attack conventional LNG that has not been extracted using C02 EOR. No one can 'out green us' for the time being...we are the original 'Greeta' stock

Yeah, that will be a nice bit of international advertising exposure if Leeds make the fa cup final, qualify for Europa or even better, qualify and progress in the Champions League next year.

Thanks Wacky, nicely researched as always. I dropped chemistry for history when I was 13 but I now remember learning that mixing dense gas with less dense gas forces less dense gas to rise. Makes perfect sense.

Does anyone know if our CO2 EOR capable of enhancing gas recovery? I'm not a Petro-chemist but even to me they seem to be different technologies.

A process that alters the viscosity of oil i.e.. makes a very viscous substance a lot less viscous so that it flows more easily doesn't seem to fit the same chemistry to produce more gas..

Thanks for the info Layladylay.

Certainly an amount worth having if we can manage to increase production as planned. Should return enough cash to fall back on to help pay for future drills rather than just expenses and director's beer money.

https://oilprice.com/Latest-Energy-News/World-News/Argentina-To-Subsidize-Shale-Gas-Production-With-51-Billion.html

See above. Shale fracking getting a serious thumbs down elsewhere in the world. The French have just put a huge LNG contract with the US on hold because the gas is fracked.

It shows how desperate the Argentinian government is about energy independence..

https://oilprice.com/Latest-Energy-News/World-News/France-Delays-US-LNG-Deal-On-Environmental-Concerns.html

French government now having second thoughts about a huge LNG deal with the US because of fracking concerns. That will serve as a call to arms for the Irish Greens, if we can sell them a.our gas is no fracked.b. we use CCS EOR they really could end up being useful allies.

Got a tea light in my burner already Thordon and the lovely smell of lavender oil in my nostrils. I'll burn some dried sage leaves for good measure and wish prosperity and abundance for us all.

This board has been a calm and tranquil of late and long may it stay that way..good news is on the way and I think we pretty much all know it..

Would anyone please be able to advise

What is the current bopd production from the CERM assets? And as a bonus question, how many active wells do they have of their own or in partnership with FRAM

Any assistance would be much appreciated

Cheers Nicodemus

Well said Bobby, fingers crossed, could be any month or any day now, but lift off will come. Good luck to everyone who's managed to see the potential of this company and have tried their best like myself to stay positive. It hasn't been always easy but negativity just feeds bad feelings and let's loose bad vibes into the universe.

Nice observation Z. With luck the Greens will spend so much time attacking the project from a fracking angle, we will look like absolute angels in comparison. They'll be so annoyed I can even see have them as allies fighting for us to supply non fracked gas.

Nice one Flyboy, hot off the press.

Now if the Greens have any sense, they'll dust themselves down and rather than waste time and effort appealing the decision they'll look for more winnable battle i.e. try to ensure that the gas going to be used isn't cracked.

A. I think the wider public will support that.
B. I think they would rather be energy independent and buy gas from PRD rather than be dependent on post Brexit UK supplies.

Zebra, that's pretty good going, nearing 0.5% Once this comes together we'll all be laughing, some a lot better off and some of us, rich beyond our wildest dreams....

I didn't realise until.last week that T &T is the third wealthiest country ( per person GDP) in the Western Hemisphere, after the US and Canada. This isn't a poverty stricken banana republic. l in a wealthy developed nation that's desperately trying to get its o & g industry back.up and running to.its full potential. Our directors have managed to crack an amazing, exclusive deal and it's helping out their chemical industry, a huge employer and the environment at the same time.

Did you really mean you would rather be working 12 hour shifts again Chancers or was that a typo?
I'm retired at 56 after 33 years working for Lambeth council and will never, ever do a stroke of work for the rest of my days.

Blackdog, you could spend your life chilling if you downsize your lifestyle. Expensive hobbies mean working, is it worth not been a free man just in order to indulge at weekends and 6 weeks a year leave? Or maybe work part time for a while and then decide..that way you could figure out whether you would prefer more free time or more goodies. Or even find you've hit a nice balance.

All irrelevant though, Paul Griffiths will make us rich....

Stay positive Blackdog, PRD will be well worth your while. Too be honest if those were my other two shares, I'd pull out and throw in here. Andrew Carnegie who was the richest man in the world st the time said 'Put all your eggs in one basket and watch the basket'.

That being said, I retired in April but only put half my pension pot in PRD, but bear in.mind this is a micro cap company, it shows I have faith.

Yeah, you took a double hit there with the Morocco govt uber covid cautious, Blackdog.. Your modest holding could prove life improving, or even life changing if some of the estimates for PRD come to fruition.

Was in SOU myself for small punt until a few months back back. I pulled out as it dipped and put the money in President similar type share, newish, respected CEOs expecting to turn business around from rock bottom. Difference is whilst PPC board is generally pretty positive, the SOU board was probably the most bitter and toxic I've come across. I'd need therapy if I spent too long on there.

Good luck though, I think the Lyons chap will turn it around, you just need patience.

Don't forget, if BPC uses PRDs CCS/ EOR technology to improve the ex-CERP well flows we could be making more than loose change from our T & T assets.

Realise most of you excited for the big drill but helps if business as usual is bringing in the dollars to help towards paying the bills and any future drills.

Keep topping up TT and join the 1%+ club. Let's get as many of our shares in safe and steady hands as possible. Myself and daughters own a whisker over 1%

With you and I at 2% and Paul Griffiths at 19.5% that's a fair whack in safe hands. I remember half a dozen of us played this little game a few months back...

Anyone else prepared to show their hands? More than anything I'm puzzled as to who the hell would be wanting to sell unless they had sure fire inside knowledge elsewhere or had debt collectors with dragging knuckles at the door..

Natural gas has broke $3, highest since Jan 2019 and almost doubled since July. This will surely mean potential sellers will be holding out for a few dollars more...but for longer term investors, margarine today should mean jam in times to come

Good riddance Zebra, if they are prepared to sell at sub 3p now, they definitely be prepared to sell at 4,5 or 6. Hopefully they will end up in the hands of true believers who can see amazing potential, making thousands/hundred thousands not just trading for beer money.