Member Info for OLADAPO007

Thx for bringing that up mate. Our He might be commercial after all.

Thx for bringing that up mate. Our He might be commercial after all.

It sure confirms that Helium is present there and it must have been coming from a depth in the Mou5 well. Helium sometimes comes from Hydro carbon drills and sometimes not from such as pointed out earlier. It would appear like they have found Helium at a point higher than they were expecting ,so going lower might mean there would be more at a greater depth and probably of a higher concentration where the decomposing say Uranium etc is letting out the gas. Layman's knowledge here.

PRD in getting the 3D financed are in a good place in my opinion. This is a 7k sqkm field. The Mou5 area is 180sqkm. Whoever is coming on board would be looking at the 3d costs for the 180sqkm . With this in mind that portion of the licence could be the involved part and not the whole licence. As it has been mentioned that parts of the field could be sold off, it would make sense for the Mou5 area to be proved up and sold on thereby leaving us with more than enough cash to look at the other prospects within the licence. PRD are on a winner here based on the RNS issued today. It definitely isn't a company killer of an RNS!

The issue here is that the facts are being ignored. With what the drill has brought out so far, my belief is that folks who know what oil and gas operations entail would see a huge opportunity here no end. If the message PG has sent out is to be understood in layman's terms, he is saying that traces of Helium was noticed at a level well before their target for the stuff, meaning it definitely must be coming from where they expect it to be found in my opinion. Also that new 30m gross sand never experienced in Guercif b4 now should tell us this is obviously not a duster, way forward now is to await the further analysis being done by Nutech and not jump into wrong conclusions while awaiting the necessary evidence!

You it seems forgot to mention it's 185 sqkm in width. I was thinking that with that size, it definitely should hold > 6tcf because that in terms of size is huge.

Porters, you can't compare both stories. GKP was on an asset that the central Iraqi government didn't authorize to them at the time. Here you got the Central government collaborating.

Guercif is a much bigger asset by many folds!

The asset that produces the income goes on the balance sheet in terms of its valuation.

why all this ghr bashing by some folks here? the guy has been in this business for a long while and has honestly used his experience to guide folks every now and then. thanks to his articles on here and the then gkp boards , loads of folks wouldn't have known their elbows from their ****s where investment matters relating to oil and gas investments are concerned, but somehow some z-rate clowns managed to force him off this board to the detriment of others. caterham7 is another chap that made this board quite lively and highly informative, only god knows why he stopped contributing those masterpieces he'd come up with every time. folks should desist from petty write ups full of unnecessary disrespectful nonsense and let these decent contributors continue to express themselves on here without taking abuse from the unpleasant ones on here. the board is too dull when those chaps are not contributing. keith alongside folks like brv, madman rob are now some of the only few ones contributing anything of decent knowledge on here. pls y'all cut out the non value adding comments!

Testing only 1 well would have been pretty expensive and not worth the outlay according to PG!

Could a step out well of 3km when combined with the earlier one lead to 15bcf of He ? Asking for a friend.

Won't happen as there is nothing new to report.

5Bcf? We'll have to wait and see that. Chances are what was originally found would be low compared to what was obtained after the deepening. 969 metre column of helium was what they mentioned after drilling JS2 which was said to be similar to JS1. Now, how wide that is in terms of the whole field is another story. The good thing is that after deepening the well to such a gr8 depth, they still are yet to find water. Who knows , maybe another 969m could be drilled with no evidence of water. Were that the case, then who knows what the figure would be? Things seem good so far and could be much better going fwd given that Helium report showcased here earlier!

This whole Predator thing has basically short changed investors big time . The insulated would be folks who are invested in it but earn a decent wage working for the company! How fair this whole thing is remains to be seen. Were Mou5 to return a duster, only heavens know what would become of the whole exercise. Gas delivery etc not done , oil delivery supposed to be coming up . Serious dilution at every opportunity . For all the investment in this company to come good then Mou 5 MUST DELIVER MEGA! Anything short of a major delivery in terms of CH4 and He would be a disasater!

A 3km step out well? That might be a bit big with a 969m column, that's like a kilometre in size . Let's see how big this would get eventually.

Fundamentally, this is proving daily to be a gr8 company in the making for the aware. Pls hold your horses and let thr well researched folks accumulate greatly at the current price!

.8m at 200m is an ok result but chances are if they drill deeper, the concentration might improve depending on the age of the source rock.

Any decent news would only come in March.

Anything like gas /water contact in He drilling? As they are yet to hit water despite the depth they are at, this is looking like it would be massive assuming Hydrocarbon drilling logic is applied .