Member Info for oldslow65

R.R. a good explanation of the facts, any company upgrading its products or production line ,in our case getting more oil out of a well , will have a delay in those new numbers coming through, so it looks like tit is PREMATURE AGAIN.. And as for the price of oil i expect agreements are already in place for the prices paid from the well, again there will be a delay in these going up, so per the rns P.G. has already said next months numbers will be a massive 30% better, so PREMATURE again then tit. Can anyone see a pattern emerging here?? To suggest we are only going to get $63 a barrel when europe is paying $100 ave the last month is also wrong. The war isnt over,just a lul to keep prices down for political reasons in usa.. the job is not done the people in charge are still there, i cant see usa walking away just yet.!

Strangely enough last week i did a Max profit for scap3 at a low 500 barrels for 90 days at $158,, a coincidence? anyway the numbers were $5,877,000 and 60 days production $3,918,000 so if gross profits, we could drill scap4 after 60 days and by the time it was completed would then have the cash from scap3 oil revenues.AND spare cash for quicker repayments to nabi. IF we get a 1000 aday simply cut the times in half as we get double the gross profits....

Per kieths early post on oil prices at the open ,that occurs in oz earlier than the uk markets/time zones, the price has held the ave at $124 with murban ie the price that will drive the other 2 up is a massive $158. So all of mine and others posters predictions of $300k to $1.5m a month on a successful scap drill will have to be revalued a lot higher. We will have to wait and see what Trump does if Iran doesnt back down on closing access to tankers, tuesday is the deadline if he waits that long....?

Anybody casting a quick eye over a company and not knowing what the value of its products(oil.gas and helium) are in the near future and in a large nearbye pipeline with other areas of interest as yet unexplored would quickly look at the balance sheet and see minus £3m a year and £10k income.. not a good investment maybe/ then? A quick look and seeing $300k a month and then seeing over $1.5 million monthly must put us on many a majors map of companies to invest in or try to take over. At a p.e. of ten if scap3 delivers anywhere near the 1000 barrels initial flow just T.T. WILL SEND US MANY MULTIPLES HIGHER THAN TODAYS PRICE.. And about the same time in april we are expecting a signed deal for cng/lng or more if a major wants a large slice of gas and oil and maybe helium from the massive data P.G. has built up on morocco plus any info he had before his purchase of the licenses, through working in the area for was it 42 years?? If oil and gas has been seen bubbling up through the ground since 1930,s era im sure a well with the right mud and experts in charge will release what some investors have been waiting for. 7 (years.!) is a lucky number for a lot of people!

Happy birthday to rob and pred,its gonna be a good year. the next few months will change a lot of peoples lives... and to the trolls, p155 0ft...

The rns on 5th march for cory moruga noted the spike in oil prices, the business plan was still costed at $60 a barrel. the price was $85 on that day, its now @$113 what ever profit and payback times were costed at $32.6 profit, its now easily @$100 average oil price ,giving $72.6 profit a easy 100% plus increase with oil still climbing,a drill start date will be a huge boost to preds share price. And back to morocco,its the same with gas prices up 100% will this help in a deal? the price climb should make a deal a lot easier as the commodity forcasts are off the scale for the next 2 years,cheap domestic gas has never looked so good...

Rob, ive run the number and get a very similar result with oil looking at $100 or more 18p to 25 p just from T.T. USING A P.E. OF 10. MY CALCULATIONS SHOW $20MILLION income after scap3 at 1000 initially down to 700 after 1 year, im sure pg will get scap4 done 6 to 8 weeks later from the profits,if its another 20 days to drill we will have spare cash for MOROCCO ON TOP OF t.t. flows. 2026 is a multi bagger from here without anything else or any other deals, i have cancelled the week in clacton in the caravan....

2 items that i note from the repost, 1./ we are looking at 24months for well workovers and areas that we have missed/overlooked? as we have 26 well workovers planned for 2026 then that is only 50% of thr planned work just in T.T. 2./ THE OIL RESERVOUR should support 3000 or 4000 barrels a day, so even if we get 1500 from scap3 we WILL NEED SCAP4 for the same flows at a second well or even a third well ie scap5. So if we get a steady 1000 a day we will need only 30 days($100 profit gross per barrel) to get $3million for the next drill if oil stays up at $127.40c for the next 2 months... then 2 wells is $6million a month gross before tax ,plus the 8 new well workovers, by may, plus the original 285 barrels to add in..

NO we dont , but looking at robs post just now we can see a rough idea of what we were getting compared to what our new flows should be.maybe a update will shed some light on it as the original costs/profits from $60 to $63 are blown away with the worlds oil price doubling in some locations in 4 weeks. local labour is cheap, 2 weeks max per well workover ,by 6 people? are they using co2, p.g. had a deal on that from memory?

The company will issue a update(s) soon,we all can then see what extra wells have been worked over what the original flows were, and what the new oil flows are. the numbers will be increased to allow for last years low expectations at a very low $60 average price. P.G. is not a ceo that overeggs the pudding, his numbers are low and realistic, with oil ramping up daily our profit of $32.60c has grown to $72.60 @ $100 market value increase per barrel a 223% increase from a year ago. if oil stays higher for 1 or 2 yrs our payback to nabi is potentially 3 times quicker at just $120 a barrel , every week of the war sends oil higher by at least 25%. snowcap3 drill date needs to be asap, 20 days to drill then $millions pouring out of the ground. A extra $100k a day income soon adds up! THE $48million in inherited tax credits will soon be factored in..

The simple answer is to check out keiths recent posts this week and in one of them he says the xxxx curve is a known factor and flows decline by 35%? in1year then? (20%??) the next year? ,sorry i dont have the time to go check ,but its similar to my bad memory guess,s in this post.it depends on what we get first 1000 or1500 b aday??

Tincan, if we have oil at $127.40 shortly, thats $100 gross from 25 wells all at a low 10 barrels a day = $9,125,000 in a year, gross. IS that alone worth 10p on the share price? and some wells will be a lot higher than 10 aday.. how many of the remaining 90 wells that havnt had a workover might be re-evaluated if oil continues to rise as the weeks go bye? This is on top of 500 expected from snowcap3, suddenly P.G. deal in T.T. is looking like a great investment decision ,if the war ends monday... its a year or two until prices drop below $70 again, and five years for repairs to infrastructure so far..

AT $158 a barrel prd,s return in trinidad on scap3 is 300% higher at $130.60c from the forcast in 2024 for a low $60 ave for european oil price. SO either the payback for the well is 1/3rd of the time or we fund scap4 for free from profits,. THATS only 46 days of production at 500 barrels a day! $3,003,800 gross

On feb26th 132 ships passed with oil and lpg.. on march 3rd only 2 ships passed,since then its been 3 ships once,and 2 or 1 or none have passed, daily since. 4 weeks was the prediction to send oil to $150 a barrel, thats 31st march and already the local middle east prices are at $146, next target is upto $200 preds price of $60 with a $32.60 profit is now up a bit.. using brent $112 = $84.6 profit in T.T. and at $146 IS $118.6 A BARREL PROFIT,THE NUMBERS ARE STAGGERING, T.T. could soon match our current mcap. drilling scap3 with oil flowing will blow the share price away big time.

With south pars being bombed, industry experts are predicting it could take 3 to 5 YEARS for it to be fully repaired. sanctions have led to it not being updated properly since 2018 and will need tech from japan /KOREA to fix it. Thats 20% of the worlds supply of LNG that wont be coming out for many years.. Iran could end up IMPORTING GAS from turkmenistan... On a environmental note to mad milliband, iran exported its oil/gas and ran its industry on a cheap heavy fuel oil that left its own cities SMOG bound.. using the exports for cash whist its people suffered very poor /dangerous air quality.... indian basket $156 and OMAN $162.52 yesterday, most markets up 5% daily snow cap 3 needs drilling asap.

Rob, hope the weather in spain is hotter than the uk we are getting 18 degrees and sunshine all day.. as for predictions remember folks these were in 2024 and 2025 gas and oil has gone up 50% to 100% since then. with no end to the Iren war in sight the predictions of $150 a barrel are sadly looking to come true,for uk and ireland consumers.. For pred shareholders this is a best case senario, we are negotiating for our gas sells for cng/lpg with the prospect of gas especially lpg being above the average prices for upto a year! As for oil a low number of $60 was used by p.g. to make sure we wernt expecting too much in the future as a deal or gas sells of any meaningful amount , ie scap3 were a long way off as we were delayed by the T.T government not approving the well sells to prd. thanks to that delay we are now looking at $75 to $100 for our oil from scap3 a gross increase of 25% to 66.7% and profits at $32.6 for existing oil production and uplifts per barrel to circa $72.6 or more! x500 daily $36,300 and 3 months is $3,267,000 gross just scap at $100 for 90 days. truly amazing numbers ,plus production from a few little wells... increasing by 1 extra well every 14 days for all of 2026,already planned per rns.

Kuwait cashing in on export blend and dme oman both at $153 and india is $146...

They must of churned through most of the placing shares by now!

The jap/korean lng price has just jumped 25% in 1 day, they and others are looking to buy from usa...

He is optimistic on the helium adding $5.7billion and his numbers were from 2024 so out of date a bit now,another good find! sygmaa.