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Profit takers this morning doing their thing.
Longer term holders waiting for the real news to land which should be very soon.
Good flow rates and things will look very different.
RNS on 29th stated sand jetting had started and would take 10 -14 days.
RNS would have been submitted on the Friday before the weekend I guess and jetting under way.
That was the 26th. So we are now 12 days on tomorrow.
New defo soon for sure.
Yana this afternoon-
“I reckon this will tank going into the afternoon and definately by close. “
Yep you got it wrong, very wrong.
Give it a rest your making yourself look rather stupid.
Better day tomorrow I reckon.
Predator Oil & Gas Holdings PLC - Jersey-based oil and gas company with operations in Morocco, Trinidad, and Ireland - Signs extension to its 2022 rig contract for the use of the Star Valley Rig 101, currently available in Morocco. Says extension will facilitate drilling of the MOU-5 well to evaluate the 177 kilometres squared Jurassic structural closure in a crestal location, the limit of which was penetrated in MOU-4 in 2023. Drilling of MOU-5 is scheduled for between April 1 and May 31 "to avail of in-country well services that will remain following the completion of the company's rigless testing programme, which is currently underway, thereby reducing mobilisation costs for well equipment and services." Most critical long lead items required for drilling are available from its surplus inventory, "thereby potentially further reducing drilling costs". Company says it is fully funded to conduct the drilling.
RIa you must be exhausted.
However I actually feel this is worth shouting about and isn’t just a pump.
There is real potential value here.
Looking forward to tomorrow you bet.
“The Fundraise was significantly oversubscribed, bringing a number of new high quality institutional investors onto the shareholder register.”
These guys bought in September last year at nearly 50% more than we are now.
It’s all in the RNS’s.
Blue day tomorrow.
Https://www.telegraph.co.uk/business/2023/07/13/white-hydrogen-disrupt-global-energy-net-zero/
Interesting article regarding the additional find and value of hydrogen.
At those flow rates, the Company would expect to deliver operating cash flows in the order of US$1.5 million per month (assuming $80/bbl Brent).
The above from a RNS few weeks back.
Not bad for a company currently worth 13 million.
Do the maths 😀
“Looks like pi's going crazy over what looks non commercial helium . How long will they be strung along before they lose out to another fundraising”
Great call of yours at HE1 a few days back when the price was 0.28.
Since then up about 1000%
Better luck here Pal.
Your almost sounding positive.
Some longer term holders know why this is going up.
RNS’s are pretty clear.
News very soon.
Https://www.energy-pedia.com/news/germany/beacon-energy-provides-production-update-on-the-erfelden-field-194029
Welcome to anyone com8ng on board.
The rise this morning will certainly get us some attention.
People starting to understand the possibility’s and news hopefully just around the corner, even next week.
A positive RNS next week and I can see rockets here.
Whitenight you better start rethinking your strategy.
Let’s not forget the decimal points 😀
Just to confirm I’m in no way suggesting the same sort of recent rise as HEL but certainly several multiples very possible.
Long term with further exploration that could obviously change some.
As an investor i wouldn’t be putting my money on a 50/50.
That’s just a flip of a coin.
With what we actually know about the oil we have and the remedies available to get if flowing I think the odds are very much more in our favour. Hence why I’m in.
HE1 absolutely an example of getting in at the bottom and these opportunities do come around and serious returns can be made.
Do your research and good luck.
Several more oil and gas companies out there at the same point in their journey's.
HL 13p to buy
12.60 to sell
Http://www.perforators.org/wp-content/uploads/2015/10/SLAP_10_Sand_Jetting.pdf
Personally I feel the 50/50 odds of success that you mentioned is wrong. No offence meant but I feel the odds are far more in our favour.
We are spending up to half a million on a industry fix to the problem which is regularly faced.
Obviously there are no guarantees.
We haven’t got long to find out though which is very exciting.
Good luck to all holders.
In August 2021, the Moroccan Ministry of Energy, Mines, and the Environment announced a new national roadmap for the development of natural gas 2021-2050. The roadmap lays the groundwork for the development of natural gas for industrial needs initially, followed by domestic needs, while continuing its development to integrate electricity generation needs. The first step in this roadmap would be to put in place a regulatory framework for the natural gas sector. The second step would assess demand as it has evolved from recent years to current consumption, as well as its potential for future demand. The third stage would evaluate the various options for supplying natural gas and liquefied natural gas (LNG), in particular by gas pipelines, floating storage and regasification units, on shore terminals or even multidirectional flows. Also it would evaluate the deployment of a new transport network in order to link all the components of the gas plan and to develop their own capacities for the reception and storage of natural gas and LNG to ensure a secure supply.
Not long now
Whitenight
Still waiting for your explanation as to why the sand jetting operation to clean up the well won’t work.
Or perhaps you are just want to be a Turnip and continue to make daily juvenile comments, can’t believe you are that sad.
We wait on you.
The only things Chesh needs to be on is a bike.
Perhaps a Tandem would even be better so Porters can join him.