Member Info for Sheephatch

Https://oilprice.com/Latest-Energy-News/World-News/Chevron-Revives-Exploration-Efforts-in-Namibia.html

Https://future-energy-partners.com/observation-from-the-namibia-international-energy-conference-2025-windhoek/

Let’s hope that’s it for a while.

This BB would work very nicely if people just ignore the few that are only on it to disrupt.

We all know who that are, please don’t feed them.

Simple’s as they say.

Please stop talking to him PP.

The BB will be a better place if you do.

Thanks.

Tom if your holding on to your shares purchased at 16p then the only reason to hold them is that you believe you will see 16p again or at least you believe the SP will eventually be higher than it is now.

So the obvious answer is to buy more now not to say you won’t. This share business might not be for you if you don’t understand this.

The opportunity to buy cheaply now is exactly when you should be filling your boots and hopefully getting some or all of your money back as the SP increases as you suspect it will. Thats money allowing etc.

Good luck though.

GRH

Thanks for coming back to me and I appreciate very much your continued contribution and sharing of knowledge.

A real shame some made it difficult for you to post directly on this BB but as you have witnessed it unfortunately still possesses some very unpleasant uninvested individuals.

Fortunately most people are now wisely refusing to engage with them.

Regards.

(But...if correct...

PG may just have made a lot of money

For quite a few people

I will try to work out later if I can SAFELY frame it )

GRH you posted the above a few days back. Are you able to add further to what already you’ve hinted at ??

GEO at Namibias premier energy event with Shell, BP, Galp and Chevron.

Let’s hope discussions were had.

I asked this morning if people could refrain from communicating/feeding our troll tag team. Just wanted to say thanks and I felt the BB had a much more interesting/mature and informative feel to it. Early days but if we could starve them of the attention they so desperately seek, they just might go away or at least post less of their nonsense. One can hope. 🤞

The three producing fields that are being acquired are Goudron, Inniss Trinity and Icacos and are currently averaging 272 bopd of production and are held under an Enhanced Production Sharing Contract ("EPSC") with Heritage Petroleum and in the case of Icacos, under a Ministry of Energy and Energy Industries private mining licence.

Business development

· Acquiring existing operations allows the Company to potentially accelerate the drilling of the Snowcap-3 development and appraisal well, which will target 2C oil resources of 1.4M barrels in the reservoir being restored to production by the Snowcap-1 well workover and 2P oil resources of 12.91M barrels from deeper reservoirs equivalent to those in the adjacent Moruga West field formerly operated by BP

· The fixed assets (inclusive of workover rigs, plant equipment, storage tanks, vacuum truck, separator and production machinery) that form part of the CEG Trinidad assets shall be utilised over all of the T-Rex Assets, without additional costs, thus creating efficient synergies and economies of scale.

Some posters seem to have missed the above potential !!

The interests in the Goudron, Icacos and Inniss-Trinity fields being acquired will provide 237 existing wells of which a significant proportion will be suitable for workovers and potentially wax treatment.. Based on the encouraging initial results after prioritising wells for workover and efficiently executing improved operational procedures in the Bonasse field, the Company anticipates a significant potential uplift in production from the assets being acquired during 2025.

Stick VOX in there to get the attachment.

Plenty of upside and potential going forward.

https://www.**********.co.uk/articles/predator-oil-gas-expands-trinidad-portfolio-commences-sales-from-bonasse-field-c05a4dc/

Trinidad news this morning hasn’t really been discussed amongst the noise this morning.

50-100% increase looks on target and impressive.

Looking forward to more news there and the possibilities. Might surprise people yet.

Https://www.gasnetworks.ie/corporate/news/active-news-articles/gas-demand-2024

A View from Vox

From an industry observer’s perspective, this RNS paints the picture of a small-cap E&P firm executing a multi-pronged strategy with discipline and realism.

The Trinidad extension, while not ideal does however reflects macro-level political risk rather than project mismanagement. The operational momentum at Bonasse is tangible, and the approach to Cory Moruga suggests a team focused on unlocking long-term value rather than chasing quick wins.

In Morocco, Predator is pursuing a dual path with gas and helium. While this could complicate the narrative for some, it also provides optionality, especially as helium’s strategic value rises globally. Importantly, the company states it is fully funded, which should reassure shareholders in a sector often hamstrung by capital constraints.

The possible reuse of the Mag Mell LNG framework in Morocco is a smart pivot and underscores the company’s growing technical and regulatory capability.

We believe that investors should be cautiously positive. Execution continues amid geopolitical noise, and the portfolio offers multiple shots at goal. But patience and risk tolerance will be required.

Could we please try and ignore Dame Edna and Ronnie Corbett this week. The rubbish posted over the last few days makes it hard to find the quality amongst the dross.

Good to get an update this morning and thanks to the decent posters for their thoughts as normal.

Regards.

If Calsberg did RNS’s

Nice half a million share buy at 3p.

Should be finishing the day blue.

Have a good long weekend all.