Member Info for oldslow65

Totally agree keith, the gas and oil price will eventually come down say $75 by october if the war doesnt take out too much in tanker bays,pipelines,storage tanks or well heads? its a big if ,but lets be positive for the worlds needs. So if we get a good flow from scap3 it would be self funding at $120 abarrel after a few months FOR 4 AND 5 ,then we would truly have a $20million plus income just from T.T. and any future deals in morocco would be in our favour as we can operate,explore and drill without ever needing a fund raise ever again all in 2026... and a share price just from T.T. of 25pence.

$154 and $173 in OMAN locally according to the article posted by the times.. a spike but shows what happens when panic buying sets in. a bit like petrol stations shutting half of there pumps for a missed delivery and suddenly every oap goes and fills there car just in case, then as others see the ques onto the roads we all follow like sheep and do the same. this is a larger scale as countries panic as they rely on imports/contracts 6 months in advance. hopefully some political pressure will wake up our own politicians as 4 days of supply wont last long even if rationed. as for industry all of the people travelling by cars to provide services will struggle with a £10 limit and plan there extra long journeys via petrol stations or not go to work unless they get a exemption for more fuel. been there done it and was 200 miles from home and had a letter giving me priority to fill up,it was winter,but in 7 months it will be again,then lets see if its returned to normal or not. lots of countries will want there 20% reserve capacity filled to 80% or more,how long will this take.? looks like predictions of $150 could be seen in a few weeks then. and the higher it goes the longer for a return to normal prices...

Navitas must have its pockets full sygmaa, in 2018 it only paid £1.8million for 49% and now wants to sell off some(value of £10billion..) 60,000b aday will increase with 2 more wells upto 140k b per day in 2 years... 900% share price rise over 5 years! 15% available to anyone with £1.5billion lying around..

Only 1 week ago the banks were predicting upto $150 if the war went on another 4 weeks without oil coming out of the middle east, $109 hit today for brent,so european areas,not good for ireland then.. luckily norway has discovered a huge gas field in the north of the north sea blocks. britain has said its going to get another windmill and destroy a farm by planting solar panels that will leach metals into the soil making it impossible to return the land for crops.. does anyone know what a solar panel tastes like with fish as the potatoes cant be planted again! NO CHIPS! and ceo,s of energy firms were asking mad milliband last week to open up the north sea,nothing yet... on a plus investers here will be ok with higher energy bills, as preds assets in t.t. and morocco just jumped 9% in two days then?

I seem to remember someone saying we could have 2tcf of oil if its fracked in the future as this is more costly than a drill and steady flow, or flows from several wells. I THINK ITS A FLOWER PATTERN WITH A CENTRAL LARGE BORE HOLE AND OTHERS THEN ANGLED TO DRILL SIDEWAYS IN A STAR OR LEAF PATTERN TO SUCK UP THE OL FROM A GREATER AREA. MOROCCO IS DESPERATE FOR THE GAS SO THE OIL MIGHT BE A FEW YEARS TIME OR DONE TOGETHER IF WE GET A PARTNER WITH BILLIONS OF TURNOVER, now would be a great time for companies looking for a supply away from the saudi issues that could come back, a bottle neck potentially stopping 20 to 25% of world oil and lng supplies. SURFACE PIPELINES ARE TOO VULNERABLE TO A DRONE ATTACK, glad im not involved with a insurance company underwriting the oil tankers or refineries.

Forgot to add the potential profit,if PG original numbers were oil at $60 and profit was $32.60c then at $95 our profit is $67.60c per barrel. ave 400 daily is $27044 and 6 months at that price is $4,827,200 @180days , and a high flow of 600 barrels steady $40,566 daily and 180 days is $7,301,880 payback in 100 days then?

Scap3 is due to start in april,its expected to be a 20 day drill,plus a week or 2 for averaging the flow rates,and i believe a co2/anti waxing treatment will be available from day 1 to keep it flowing. As much as 1500 barrels could flow initially,settling back after the initial flow has started,a normal occurance in T.T. as the oil is thicker viscosity so flows slower. PG. is aware of this and has a option on a flow rate increase from a method used in the saudi region to inject the well and heat the oil for increased flow rates. with oil expected to remain at $100 or MORE for 2 months after the IRAN war is over, or more as refinaries will take time to get going, it would be good to maximize flows especially as we are going alone and funding it 100% for max profits. If its a gusher then maybe a pipeline might need to be installed or extra storage tanks.... As soon as we have the horse (s,) a cart or 2 will be purchased, the moths from pg. wallet will need a new home!

Just like pred, ratio petrolium has assets on 3 continents.. and offshore in north africa/morocco with navitas as a partner. good info sygmaa, i hope he is looking for another leviathan! obviously he has missed it, its a bit more over to the right on the map...

A not unreasonable estimate, IBIZA, just for cng/lng for mou1 and 3 only 30p low 65p high on top of our lofty 3.2p bargain basement current price...

Good info, so that makes P.G. a mere young lad then... p.g. has also now surrounded himself with the best also with schlumberger and ital fluids etc, we know GAS and OIL is there,just waiting to be dug up. I read a interesting article about gas fracking, once the rocks have been cracked apart ,seismic or high pressure water,to release the gas or oil a graded sand is pumped in to hold the newly cracked rocks open to give a steady path to release the gas/oil and stop the rocks from closing back up, since investing here, geology has become far more interesting, i met a dinosaur fossil hunter that travelled to the isle of wight regularly, the shoreline being a great area to hunt out fallen rocks or bones... just a hammer and a chisel needed.

Yes wraith, we are currently very undervalued,and with lots of good news in our pipeline a ten fold increase is imminent. and if we are currently only getting 387 b aday from well workovers,at a low 15% for all is $60 to $65 profit at the $100 ave price recently is double what p.g. originally priced in to T.T. So at 15% 23,220daily x 30 is $696600 a month turnover and $104,490 profit (plus the 30% on uplift from original production),increasing every 10 to 14 days as nabi do another well workover. In 2 weeks scap3 should be ready to start drilling, looking for 500 to 1000 b aday at 100% to pred,plus scap 4 or 5 in the future.! We cant be far away from a deal or two in morocco, 441bcf for cng/lpg for local gas supply.

I think the old guy post with a bee talking to a fly is about the trolls that seem to infest this board somedays?? anyway i prefer honey!

Sorry i forgot to add the snowcap 3 and possibly all future new wells in T.T. could be totally funded from preds profits and then we get 100% of the oil profits, so $71 ave on new wells could be @60 or more per barrel, so 75% at a 50% uplift .. and on the downside we might get 3 wells at 500 plus 500 existing so only 2000 barrels a day on worse case scenario? so new calculation is $60 x 1500bx360s x pe10 = 40c or 30p ,, plus 500 x 32x360 x10 = 7c or 5.11p so just tt total of 35.11p or 10.9 times more than buying a share today at a low 3.2pence... sounds good, plus ireland and the massive MOROCCON DEALS..

Thanks again to keith for dumbing it down so any newbies can see what prd are slowly building under P.G. excellent deal in JUST T.T. the safety net is getting larger every few weeks.. So using keiths numbers (5000b max) just 4000 barrels in 2 years time with a low price of $63 ave gives us a low price of $35 profit per barrel,4000 x just 360 days to allow for any work,, $50.4m x p.e.10 $504m divided by 815m shares is $0.62c or 44.5pence. Using 5000b x360 x10pe x$42per barrel profit at a low $71 ave price is a massive $0.92.7c or 66.7pence... well done P.G.!!

Please,please let me be right its only 7.5% profit..!! . glass half full with a big hole in it?? mental health issues can be a shocking thing. go get yourself some help and re read the rns especially the top lines.... next he will be saying we are only going to get 200 barrels from snowcap and decline in 6 weeks to 10 barrels, come on give it a rest,your not subtle enough we all see you.... perrhapse you could help mi wiv ma speellings.?

Chester, anyone can post and put up what they think or where the share price will go or how many barrels tt. will produce. your comments are welcome and alot of people will hope we are accurate in our predictions.! most has been mentioned in the companies rns and postings from our drilling partners. we should be at 9 to 12p by 08/2026 without ireland or all of our assets in morocco getting a deal that p.g. is happy with. the recent oil/gas surge might delay negotiations as 20 to 50% increase will have to be factored into any deals even at $71 ave compared to $60 a barrel in december2025..

Thats right keith, my mistake $dollers not pounds.or pence.! but dont forget t.t prices might be higher than brent averages, and venezuela doesnt have a corrupt president anymore. Its all guess work on future OIL AND GAS prices, and a spike to $150 could happen if refineries/pipelines are deliberately targeted in the middle east. ( And Iraq set fire to there own oil wells to stop the exports, in the last war.) T.T. news is great it underpins our current value several times, a MOROCCAN DEAL is going to be a lot higher just for mou1 and 3 for cng/lpg. plus the rest of the assets. 2026 the year predator makes the world news.!!

Useing keiths excellent figures (i only guessed at 10 to $12million for tt) if we stay at 3.2p then just tt. revenues at a pe. of 10 raises are current share price to 12p in 2026 and a projected 35.5p in 2027 without the oil volitivity likely to continue for sometime, predicted at $71 in 12/2026. if pipelines and or refineries are blown up then these numbers will be a lot higher with oil at 100 or $120 a barrel. A deal in morocco,as sygma has posted will be off the scale.. remember p.g. numbers were at a low $60. A $32.60 profit goes to $66.58 at $100, and $83.06 at $120 a barrel, if things cause oil to hit $137.50 then our profit in t.t. goes up to 200% higher at $98.25 a barrel (x300% on 32.6) possible. so when will the fudsters appear with a alternative set of numbers from keiths???

Did anyone buy the deep water blocks,this was 2024 and the options have lapsed. who ever bought the rights has 9 yrs to explore.

Brent at $99 and local murban at $120 goldman sachs predicts oil still at $71 at the end of 2026