Member Info for swizz

It would appear under the most tragic of circumstances that the UK and Ireland are about to have a huge wake up moment in terms of their ideological approach to energy security, as Qatar has just announced they're stopping LNG production at Ras Laffan, which is a little further east of Ras Tanura, which was struck earlier today and is arguably the single most important terminal in global energy. Certainly the world's biggest gas terminal and of huge significance to the UK supply chain and by default Ireland’s,…GL S

It would appear under the most tragic of circumstances that the UK and Ireland are about to have a huge wake up moment in terms of their ideological approach to energy security, as Qatar has just announced they're stopping LNG production at Ras Laffan, which is a little further east of Ras Tanura, which was struck earlier today and is arguably the single most important terminal in global energy. Certainly the world's biggest gas terminal and of huge significance to the UK supply chain and by default Ireland’s,.. GL S

Just spotted on X and it is a fair observation, that there will potentially be 5 rigs working simultaneously on PRD licensed O&G fields, that is quite something IMO,..GL S

KKC, Agreed, the NABI program (at their cost) in the fullness of time will be a very complimentary production addition to our own endeavours and considering the low entry cost and zero operational costs, that still stands as an excellent deal structure, as Keith has detailed in a very articulate way, there is substantive detail around more important matters that NABI, that appear by some and dare I say the market that are being overlooked,...GL S

The London South East team, really need to get a grip of this, as it is borderline outrageous and in some respects, the company should also be mindful of the brand damage being caused by these individuals, and whilst I would concede, that I can only see your posts Keith, in the time line of the last 25 posts, as every other poster is filtered, I think it is safe to say, that yet again a line is been crossed by these individuals, what on earth drives these individuals to wish financial harm on others?,....GL S

Now approaching circa 155m since the first trading day in January, so allowing for market maker adjustments and other manipulations, we should be bordering on the threshold of being placing churn clear,..GL S

In light of further sound bites from the US administration, I am intrigued to see how this unfolds and perhaps another example of being in the right place and the right time?,..GL S

From PRD recent RNS,..

7. Review and due diligence on new acquisition targets in Trinidad and surrounding areas

https://www.cnbc.com/2026/02/03/us-could-issue-general-license-for-oil-companies-to-produce-in-venezuela.html

Perhaps as soon as next week?…GL S

The BON-18 well spudded on 20 January 2026.

The well is part of a multi-well drilling programme in the Bonasse Field, Trinidad, executed by NABI Construction under a Master Services Agreement with Predator Oil & Gas.

Key Details of BON-18:

Target Depth: Approximately 1,800 feet.

Objective: It is a deeper redrill of the legacy production well BON-2, which had damaged casing.

Timeline: The drilling operations are expected to take roughly two weeks from the spud date.

Next Steps: Upon completion, the drilling rig will move to the BON-19 exploratory well to test the shallow BON-14 ("Saffron") trend.

Another potential step forward for the T&T O&G sector,..GL S

Trinidad and Tobago in talks with Indian Oil to revive refinery

https://www.reuters.com/business/energy/trinidad-tobago-talks-with-indian-oil-revive-refinery-2026-01-30/

Further evidence of the increasing focus on T&T with news reports today of Shell and BP are making their move,..GL S

https://www.reuters.com/business/energy/bp-shell-seeking-us-licenses-gas-fields-shared-with-venezuela-trinidad-minister-2026-01-28/

Jan 28 (Reuters) – Shell SHEL.L and BP BP.L are seeking U.S. licenses to extract natural gas from fields in Trinidad and Tobago and Venezuela, the Caribbean country’s energy minister Roodal Moonilal said on Wednesday.

From mid December and it is still relevant today, which certainly adds further context to importance of what PG and the Predator team are undertaking in the region,..GL S

https://english.elpais.com/international/2025-12-17/venezuela-breaks-energy-agreements-with-trinidad-and-tobago-due-to-alleged-complicity-with-the-us.html

The admission to trading was announced this morning at 8.00am,...GL S

https://www.londonstockexchange.com/news-article/market-news/admission-to-trading-23-01-2026/17427884

Oldish news from late November 25, but in the context of our latest news and a number of global events unfolding, the appeal of T&T is clearly growing and this was also echoed in recent conversations with an EOG Resources executive,..GL S

During the discussions, CNOOC executives expressed strong interest in increasing investment and operational activity in Trinidad and Tobago. Minister Moonilal welcomed the engagement, noting that it “comes at a time when the Government is committed to revitalising the energy sector”.

https://oilnow.gy/featured/chinese-oil-and-gas-giant-cnooc-eyes-greater-role-in-trinidad-and-tobagos-energy-sector/

It’s quite simple, it is so work programs that have significant potential to increase production can be accelerated,…GL S

Desperate people say desperate things, it’s fabricated nonsense, but fair play to you trying to communicate with the unhinged, you have much more tolerance than myself, …GL S

J13, I suspect a handful of our unhinged contributors are suggesting a book build has been occurring in the background and this is somehow connected to today's SP easing, ...GL S

As far as I am aware, based on conversations in Q4, some of which were reported in the MSM, the Vevan team clearly want to develop Barryroe, but they will need the political support to do so and the various events that keep occurring globally, that remind us that energy security is intrinsically linked to national security, will catch up with Ireland, …GL S

F, That’s my estimate on the value of the litigation funding, … GL S

I am not saying this is the case, but it is probably not a bad call to take a pause, now that the funding is secured for the ECT claim, which is probably in the region of 8 to 10 x our mkt cap value, plus there’s every possibility that Ireland will fold quickly and make a settlement offer, so by taking a breather to allow few different options to develop maybe prudent, and there is also some merit in leaving a percentage of the claim within the RTO, as so many of us will have a foot in both camps, but the value of the percentage will need some discussion and shareholder sign off,…GL S

FWIW, My modelling in the background is hoping for a £1.00 plus area, on a 12 to 18 month window, which includes T&T at circa 5,000 BOPD, a signed non-recourse agreement for a circa $200m claim against Ireland, with Morocco part divested for circa $50m, obviously take with a huge pinch of salt, but perhaps not completely unrealistic, as I seem to recall the current research note is around a share price of £1.40 ,...GL S