Member Info for rosso123

O/t Sound Energy

Company now virtually worthless. Graham Lyon (Chairman) got the Tendrara gas venture up and running by pretty much giving ithe lot away in the end to Moroccan partners Managem for peanuts. The man himself, responsible for the business deals, walks away with a £650k bonus whilst shareholders are left with near fuk all. Sp peaked at £1, today it's 2p and a cash shell. Money from the sale will pay off the corporate debt.

Bong. Gone.

An unnecessary placing.

Looks more like a 1bn @3.5p 10% handout to the King via his various associated investment and mining Companies. A decent return is nailed on.

The roosters are starting to crow as the c0ck wobblers fade away

AI Overview ADNOC has a strong, long-term industrial partnership with Morocco, primarily focused on supplying sulphur for the fertilizer industry, and has recently explored deeper upstream and downstream investments. Key initiatives include a long-term sulphur offtake agreement with OCP Group, a planned fertilizer joint venture, and a 2026 partnership with SLB to explore onshore gas. Upstream Gas Exploration: As of May 2026, ADNOC has partnered with SLB (formerly Schlumberger) to explore and develop new onshore gas resources in Morocco, signaling a strategic move to strengthen its operational footprint in North Africa.

Https://en.bladi.net/tetouan-airport-taking-shape,120583.html

Big infrastructure developments linking the 3 points of the Tetouan-Guercif-Nador triangle. Major highway, port improvements. Hundreds of new jobs as the major gas plan takes shape.

The Guercif Project is of considerable national importance and its operation is far too big for Predator to handle. As such, it has been set up with delineated targets, ready for an incoming party. Be sure that the King will be involved, in some form, in the investment.

Sorry to be a bit of a thicko here but is this the Flagstaff doc endorsed by PG. https://ivory-siobhan-80.tiiny.site/

Infrastructure developments in N. Morocco have been proceeding.

Tetouan, part of the Guercif + Nador triangle, where I live has a new airport terminal + extra runway.

Reconnaissance Energy Africa (RECO.V RECAF) reported that the Kavango West 1X well on PEL 73 in onshore Namibia encountered about 400 metres of gross hydrocarbon section in the Otavi carbonate interval. This is also a positive announcement for 88 Energy (88E.ASX EEENF 88E.L) which owns adjoining acreage on PEL 93. Wireline logs and mud logs indicate approximately 64 metres of net hydrocarbon pay within an 85-metre net reservoir, plus a further 61 metres of hydrocarbon shows in deeper, naturally fractured limestone sections.

Expansion in Angola on the way. What say a 40p imminent placing that'll take out Tende Energy, giving Afentra 10% stakes in 2 blocks worth net 11k bopd + an Exploration asset?

The Walvis Basin is an offshore oil and gas exploration area in Namibia, located north of the Orange Basin. It has become a hotspot for international energy companies like Chevron, Shell, and TotalEnergies, with significant interest in potential oil and gas discoveries due to promising geological features and similarities to the successful Orange Basin.

Every single reply to a troll post achieves the objective of detracting from and helping to bury important positive info coming in from more informed sources

Giving the impression of a whole host of disillusioned punters lowlighting perceived Company failures, the "gang" in reality will be a couple of associate trolls working in tandem, using multiple avatars to spread fud and maintain for whatever purpose downward pressure on the sp.

Sea of green. Big efforts being made to bury bb info on Vivo

It's an up to 500m leeway in the event of future acquisitions, raises or whatever. Entirely normal procedure. It does not mean that we should expect to see a near doubling of total shares in issue

Excellent post. Note how Sound Energy was forced into giving up a major share of asset ownership. Here at PRD, the value is slowly but surely being increased ahead of sell-off.

Anyone prepared to explain how they'll apply what they have learnt so far, in order to drill and successfully flow the next all-important well?

Upfront is not for flow testing, it's for post-flow test development of the well towards production.

Thx to K Oz, GRH et al for the technical stuff on the Guercif hydrocarbons basin.

In lay terms, for the benefit of lesser mortals, my concise summing up....

"It's a biggie."

Surely there's a way of accessing and producing from each of the 3 zones, upper, middle and lower, even if it means drilling a separate borehole a few metres away from the original

Doors about to be flung open. 5 MOUs, remember, all of which have been set up.