Member Info for oldslow65

From memory,a long time ago pg said he had cornered the market in co2 production in t.t. and it needed a lot of it to work.. as well as being previously used in saudi with 100 to 300% temporary increase in production quantities with no limit on re-application, also didnt he very recently say he now has approval in t.t for what ever the other chemicals are, ie safe to wildlife etc? he seemed pretty certain no one else had it in t.t. area. this was why he wanted to scoop up the old wells as 50 to 100% increase was his aim as a average. im sure someone has made a note of it... im sure he said he has a right to 100% of the co2 production locally. so you would have to pay to have it shipped in??

Good find, so is this a opportunity for p.g. to spread his patented anti waxing treatments? if he gets good results from our well workovers, 100% improvements or more expected, and i believe we have more than 100 and at least 1 new well to be drilled in t.t. ,sounds like the government will be on our side unlike the uk/ireland held back by the green agenda, and i see they blamed the terrible texas flooding on man made emissions causing extreme weather!!

Great info donald, looks like the Kingdom is gearing up for some serious gas and oil. so where is it all coming from, and how much of it is likely to be from PRD? MOU3 production should be sooner than later.. im still holdind all of my shares as i believe in the Assets in the ground,helium will be a bonus, HE1 looking for 6 bfc and we could have much more as well as the gas and oil, the value of these will always clinb, we are no where near on green alternatives,solar and wind will not be enough, A.I. style data centres are hungry for electricity, the e.v. charging for cars is already bigger than the grid can supply, home storage will be the next item to be forced on home owners, a battery system that they can then Borrow From in peak demand,im not saying that its a bad idea,if we eventually have to have hy brids or full e.v vehicles this is the future for electricity storage, i all ready have 60kw myself.

So gas and helium in mou3 and mou5, with satellite remote sensing to confirm what is under mou5, is already in progress and fully funded.. the deeper we go the more helium!. a dedicated helium well in 2026, see keiths previous posts on how little bcf HE1 are drilling for just helium. ours is much bigger in bcf, thus a dedicated deep well required down to the granite source rocks. huge potential,and i think onhym will be our new partner at 50% it makes sense to keep as much profit from morocco in morocco... as for T.T.. until the deal is done, AND both parties want it, its just government delays in paperwork, paul will not announce details until its signed off, this has already been discussed many times. so focus is back on mou3 high /over pressured gas then.

According to keithoz paul has saved us at least 3 million last year,so why would we get rid of him?? and who knows more about morocco and its gas and oil and now helium than paul? any suggestions? if it wasnt for paul we wouldnt have 1 tcf in ireland waiting for clearance from the government..

TREASURES, i watched it again as there is so much positive information in these videos, it helps remind me of what is to come in the very near future. just 3bcf from mou3 is the same value or more, as our current absurdly low m.cap... a rns expected shortly after confirmation that the T.T. DEAL HAS BEEN SIGNED OFF.! p.g. talks of 2 wells at 100 barrels a day, and fresh areas yet to be drilled over there. he also talks of a low opex of $16 to$18 on a barrel of oil,so the $41 profit is still a reality then, $65 to $68 being paid on oilprice.com, and with a $48million tax credit to use up!!. gla lth we deserve some good news over the next few weeks.

Thats good then rupert, so using times 35.3147 to get ft cubed i from a metre a estimate of 102bc.ft to 598.58 billion c.ft of helium... all pie in the sky as keith has said we dont know if its in 1 area or the whole of mou5 or more ,but a number to think on...

Interesting to click on the internal link on electricity outages possible in september for ireland when 4 power plants go offline for maintenance, 1 giga watt down. if europe gets a cold winter i cant see them being overly generous with extra electric or gas outputs when poland and others can be at minus 20 degrees c. lets see what mad milliband will do about the possibilities! i can see it all being the publics fault because are homes are not insulated enough and we need to keep warm and see with our lights turned on! so a powercut like the seventies could occur where its turned off after 8pm till 5 am to save power,cant see that being popular when others point out local gas is available for electricity production. maybe milliband can take a cable up a tall building in a storm and see if he gets lucky with a lightning strike! i will donate a pair of marigolds and some welly boots,might help a bit... not.

I only used the maths formulas available online,im not that clever... but the numbers are a average, ie a guesstimate of a ave % in the whole 5.9 tcf, the numbers COULD BE a lot lower or a hell of a lot higher(91bcf)as the deeper we go,as gudin has just posted,, if we find the seeps from the source rocks, i dont know if that will be luck! or possible with clever techniques the deeper we go the higher the HELIUM % OR PPM IF NOT 1% or more ,VALUES FOUND. see keiths post on 1% to 4% at 22.57 via the link for regional averages. that would be nice at 1%! what ever the number is @20 times more valuable than ch4 per bcf, sandy has put some numbers up,im sure keith or someone might check on this, worst case senario we dont have commercial values, but have the GAS!!

Sort of puts our potential into view when HE1 are chasing just 3.8bcf from 2 or more drill sites and they dont have, Ireland OR T.T. or 5 wells in morocco and another 5 areas so far of interest that all could be hiding a tcf of oil/gas each.(+HE?).. if we get 3 or 130bcf of helium,the farm out needs to be worded so we get a nice retainer if more is found later on. ie the gift that keeps on giving,, for 20 years or more!! or try and ring fence those bits off so we get the full 75% of the other areas of interest, and then another deal in 5 years or so after a few more drills in the future. i wont be selling my share for a few pence profit.. pounds is looking very likely!

Oops, *looks like the article agrees with my earlier estimate of 9.1bcf of helium from mou5 they give 2.9 to 16.95bcf a ave number of 9.925bcf just mou5

Ooops , 9.1bcf of helium

Keith,@8am so HE1 are chasing a combined resource (3c/u) of a mere 3.8bcf of helium gas as a high number, didnt we get 1550ppm in a est vol of 5.9tcf which equates to 91bcf or more ? As if the readings are all over our area of mou5. any readings of HE could get better the deeper we go? ie nearer the source rocks of granite. (that is assuming we have helium shows over the entire mou5 est of 5.9tcf volume,not just from 1 area , in mou5.)

Until the paperwork is signed off on the deal (next moday was the deadline) i dont expect any comms from prd/pg until afterwards,why tell a person he is giving away a asset(s) worth more than he thought it was worth? so "keeping shtoom"

Have we not got a inherited $50 million tax "dept" to be reclaimed? in tt.

100 wells all at 10 barrels is 1000/day,some were expected to produce 50 to 100 /day,so just top 20 wells worked over should be 1000,with 120 wells under our belts,it looks like a money maker with some just ticking over and cheap labour could easily double our current low m.cap of 21 million by the end of the year. anyone thinking of a holiday over that way this year...? i will spot you a large tube of anti mosquito balm! @29 degrees and 88%humidity they will be hungry for fresh blood. 3 got me last night in england.

Oilprice.com, crude up 3% on fears of restricted flow to europe etc, predictions of upto $130 a barrel short term, china is irans biggest export supplier. A n d next monday 30th is deadline for signed contract on t.t. deal, and hopefully news on existing well stimulation ,flow rates/barrels can then be released, as p.g. likes to keep his cards close to his chest as he always wants the best deal for prd on purchase prices. y ou dont go telling a seller your patented product has increased flows by 100% before the deal is done... a 1000 a day( x360 to allow for rework overs )at $41 profit is almost $15million yearly income,our first ,will rerate the share price,as we will be more than fully funded for as many drills or re drills(mou3?) as needed.

Now we know why trump upped usa oil and gas production,tis was in the pipeline, no pun intended.. if only ireland had its own oil or gas nearby to use in a emergency....... ring,ring, hello is that paul griffiths can you help us out? so what is the deal in t.t worth now? more than $41 a barrel.( no link to u tube music,provided) but what a difference a day makes 24 little hours..

If only ireland had a nearby gas field with licenses already in play.... could prd be ready to get approval? as a well known poster used to say, all 3projects will come to fruition. and fudin ive just seen a larger customizable LNG plant online $2mill for 10mmscfday, on alibaba again, ideal for just mou3,they can deliver it in 60 days. plus postage....dont know if it would be of the quality pg needs,but a brand new lng plant ,easily affordable with the price being covered by gas production pre payment.

Thanks for the repost of prd may 2023 est costs ($5 to $6m) for a LARGE CNG PLANT FOR was it 50mmcfg a day all the way up to 300 top estimate of gas as locally they only need 50 max from memory, and then the net profit to prd is $66million after tax for 34mmcfgday. i did include in my numbers this was for a small plant,at 2189mtr cubed a day,so only 2 small trucks . using the extra gas over 50mmday up to 300mmday you would have to agree its well worth waiting for?? if we are valued at £21mill or $28.2mill the share price will rise to 4x $66m roughly 30pence?