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Hi all,
Just a bit more about Minister Ryan with him stepping down as Green Party Leader and that he won’t be running again in the General Election.
He states that he will continue in his role as leader and minister until a replacement is found.
I don’t think that will be long in coming.
I think he has been forced from his role.
The article is well covered but he gives the game away in the released video.
https://www.rte.ie/news/politics/2024/0618/1455317-eamon-ryan/
His opening statement is followed very quickly by a wipe of the nose.
What does that mean ?
Body language is everything.
https://www.scienceofpeople.com/nose-body-language/#:~:text=What%20It%20Means%3A%20What%20does,breathe%20faster%20through%20their%20nose.
So, because of as we well know the problems facing Ireland with the data centres, the outdated gas and electrictrical infrastructure, disappearing investment , declining gas reserves, energy security, Moffat interconnector capacity constraints, etc, (quite a list)
I will be very surprised to see another Green Party member put into the role of energy.
I do also think that if we are to be awarded successor status and a mag mell FSRU opportunity, the time could not be more appropriate.
All to play for.
Gla.
Wacky
Hi all,
I think now he has stepped down as leader of the Greens his position to stay as Minister for energy etc will become untenable.
He will now come under massive pressure from the energy industry with no real authority to act, wether it be renewables or Oil and Gas.
He is now a puppet to the two other coalition Government leaders, Simon Harris and Micheál Martin.
I think his days are numbered.
AIMHO of course
Gla
Wacky.
Morning all,
While we wait for our sand jet operation to conclude, it does appear that the Irish Green Mep’s are not having it all their own way, accusing the fellow coalition partners of wrong doing with Minister Ryan moaning also.
It just goes to show when things are all rosy we can afford to let the Idiots indulge themselves a little bit but when things get a tad tough we let them hang out to dry.
Not being spiteful, it’s just Human Nature.
https://www.irishtimes.com/politics/2024/06/12/green-party-faces-up-to-electoral-mauling/?utm_source=Newsletter&utm_medium=email&utm_content=European%20elections%3A%20Green%20MEP%20s%20hopes%20fade%20as%20party%20rounds%20on%20Fine%20Gael%20and%20Fianna%20F%C3%A1il&utm_campaign=morning_briefing_digest
Pressure on the Greens certainly won’t do our prospects in Ireland any harm.
AIMHO of course,
Gla genuine PRD investors.
Wacky
Hi all,
Great to see Lonny back with a few messages and firing on all Cylinders, Lets see what comes to Fruition in the near future.
In the meantime, GRH on X asked the question with regard to Isopach (Maps) from the Original 2012 Pathfinder Cpr.
I believe this is the paragraph in which he was referring to.
NEOGENE
There are a number of seismic interpretations of the Neogene sequence in the Guercif
basin. Zizi (Zizi, 2002) produced an isopach map of the Tertiary which shows a thickness of
over 1,900m 25km SSE of Guercif town. ONHYM (Charrat, December 2004) produced a
time structure map on Base Tertiary unconformity (same as base Neogene). Sani (F. Sani,
2000) contains a base Neogene time isopach map that is very similar and also shows the
parts of the Neogene basin that were uplifted and eroded in the late Neogene-Quaternary.
The main isopach thicks are in the area around wells GRF-1, MSD-1 and north of KDH-1
which are west of Guercif town (see Figure 3 for locations). Here the Neogene-Quaternary
reaches 1,900msecs TWT which equates to around 2,000m. This is confirmed by the GRF
1 well where the base Neogene was encountered at 1,932m.
We believe the likely maximum thickness of the Neogene-Quaternary sequence in the Guercif basin is in the
range 2,000 to 2,400 metres and that reservoirs in the interval 1,400m to 2,400m would be
attractive targets for biogenic gas1.
Based on field mapping (Bernini M. B. M., 1992), (R. Gelati, 2000), two lens-like turbiditic
bodies have been identified intercalated within the “blue marls” of the basinal Tortonian
sequence. Typical sandstone beds at outcrop range from 1m to 40m in thickness and are
deposited in local depocentres. This sequence is overlain by gypsiferous marls that make
an excellent seal. Locally this gypsiferous sequence contains bedded lignites that could be
a good biogenic gas source in the basinal areas.
A few have suggested what lies beneath Guercif is Huge and its all connected.
Time to find out !
Gla genuine investors.
Wacky
Hi all,
An article from the Business post, re Ireland in the poop 💩 because of the Moffat interconnector.
As if we didn’t already know.
Apologies it’s a pay per read article.
https://www.businesspost.ie/article/ireland-will-be-unable-to-import-enough-gas-to-deal-with-extreme-cold-events/
And another Headline putting a bit more Pressure on Minister Ryan.
https://www.businesspost.ie/article/lift-block-on-data-centres-gas-networks-ireland-urges/
The Irish government will have to act, it’s inevitable.
Gla. Genuine Investors.
Wacky
Jimmy.
I stand by every word of the post submitted again by Lancygeo.
Is there is an element of naivety in thinking to stop or slow down one’s competition to better their own agenda is a figment of the imagination ?.
I have experienced industrial espionage firsthand.
It is real and it is a constant threat.
In fact what goes on behind the scenes to protect a company and its secrets is quite the industry in itself.
Through training, Once you know what to look for, a Mole can reveal themself without realising they are actually doing so.
(Very Interesting)
With regard to the size of the Prd team.
Yes the team is small and rightly so.
There are fewer moving parts, it is a very controlled environment, some may say this is a disadvantage, but to who ?, not to ONHYM, they would not have awarded the license to Prd if they thought this small team would not be able to deliver the project, when they could have easily awarded the licence to the bottomless pockets of the Russians, (not that it would have gone down well with the USA) whom have wanted an entry into the Moroccan energy market for quite some time and still do so.
I have posted before with regard to the timing of the Guercif license award to Prd and Russian interest.
https://www.reuters.com/world/africa/nigeria-oil-minister-says-russia-interested-gas-pipeline-morocco-2022-05-03/
So, and on a Global scale, Wars are fought because of Energy dominance as we well know and experience.
Who would have thought this article published in 2012 would have such an impact today.
https://www.upi.com/Energy-News/2012/02/09/Israel-boosts-naval-forces-in-natural-gas-fields/17571328823296/
Do I think there are dirty tricks played at all levels.
Then Yes.
Do I think the competition know the games nearly up.
Then Yes.
Do I think Prd have discovered a Massive Hydrocarbon resource.
Then Yes.
Do I think there is the possibility of Super Majors wanting in on a deal once commerciality is announced.
Then Yes.
Do I think my Investment in PRD will provide generational wealth.
Then Yes.
Wacky.
Morning all,
Thank you Keith for taking the time to put together a comprehensive, detailed and well thought out post.
This comment at the end did stand out.
“this may not result in compartmentalisation, but may in fact increase the likelihood of the whole thick succession being connected both vertically and laterally.”
Imo, when we gain and retain control of sv101 rig, for as long as required, a re entry of Mou2 may prove up Paul’s theory of a 1000 ft Gas column.
It maybe a stand alone structure, but then again, it maybe not.
Time will tell.
Atb
Wacky.
The Bold
As per your statement
“I also hope we are NOT perforating through casing , because if we are something is very wrong”.
How do you think the Hydrocarbons flood into the well after perforating using conventional guns or Sand Jet Technology.
This is why Paul said in the latest presentation,
There is no need to drill another shallow well on Mou3 as the Sand Jet is so powerful it will penetrate through 2 casings, as in the thickness of the well casings at the Shallow depths .
Just for you, a little video with pictures to help you understand how perforating a well works.
https://m.youtube.com/watch?v=duToyzpZqos
GLA Genuine PRD investors.
Yes,
There are numerous possibilities, I just found it Interesting that Paul put an emphasis on the fact that we have Oil wells which could penetrate the Herara sands on the BP licence, be them Virgin, Depleted or untested.
Interesting times coming up.
Let’s see if our Main Man in Trinidad can
“Cut the Mustard”
Atb
Wacky
Hi all,
What “If”
The Oil Wells on our side of the Fence are in some way connected to the Oil Reservoirs on the Moruga West side of the fence, which BP operate.
There could be a very interesting conversation between parties in which supplying Co2 Eor technology from our side of the fence, could possibly repressurise BPs reservoirs on their side of the fence.
In a Mutual agreement of course, “If Possible”
Just a thought.
GLA
Wacky.
Evening.
A big thank you to the folk who attended the presentation this evening and gave an early insight to the proceedings.
Not so long ago someone forecast 7 Tcf from an area within the Guercif License,
Oh yeah that was me.
And that is just for starters.
I told you Paul and the team are not chasing puddles unlike the competition in Morocco.
Got a feeling some folk will be gagging on the Cornflakes in the Morning.
Atb
Wacky.
Hi all,
BRV, always enjoy your posts.
This is my thoughts on the SV101 Rig.
We will be using the Rig next and probably in the next number of weeks as the Rn had in the title,
"Extension of 2022 Star Valley Rig 101 rig contract"
Which would under commercial terms imply the Rig at this moment in time is still under contract to PRD even though we are not using it.
Is the Rig still on one of our sites ?, which would be good for SV as they wont have to pay storage costs elsewhere.
I would think that MOU2 will be the first well to be looked at because we still have a spare High Pressure Well Head in storage and according to the recent ITR because the target resevoir in MOU5 is at Normal Pressure, a Standard Well Head would probably suffice.
BWDIK
AIMHO of Cousre.
Atb
Wacky
Morning all,
Just for a bit of clarity, the recent guercif ITR states on page 38.
"Scorpion Geoscience understands PRD intend to drill a
potential MOU-5 well to test the full potential of the Jurassic Carbonate play "contingent" on the findings
of scheduled Phase 1 and Phase 2 testing in one of the preferential optional drilling locations identified in
Figure 22."
Which could indicate the Phase 1 testing is going according to plan.
Phase 2 may dictate the final Location of Mou5.
I would like to suggest the MOU/SE option could be preferable due to the sizable information known about on the 03-ML-06 seismic line and to where it intersects with 77-GR-27 seismic line.
The latter seismic line is on which the Taf-1x well was drilled many years ago by Phillips.
https://wp-predatoroilandgas-2020.s3.eu-west-2.amazonaws.com/media/2024/01/Guercif_-ITR_20240124.pdf
We certainly are going to be busy this year.
AIMHO of course.
Wacky.
Hi all,
I think this has been posted previously but always good to see who we will be supplying to.
https://www.afriquiagaz.com/images/plaquette_081020.pdf
(25 Million LPG bottles owned and distributed)
And a pay for document on the amounts of supply and demand of LPG for Morocco.
https://www.indexbox.io/store/morocco-liquefied-petroleum-gas-lpg-market-analysis-forecast-size-trends-and-insights/
Is it any wonder why Afriquia want what’s on the Guercif license, ESPECIALLY when we drill for The Condensate Source rocks next year.
From Condensate comes LPG.
Very much looking forward to the next CPRs
With the CPRs comes freedoms. Oh Yes.
AIMHO of course.
Gla.
Wacky.
Morning all,
That is a very very good find Keith.
Thank you for posting.
The term “ Smoothing the Road” springs to mind.
Atb
Wacky.
Hi all,
I find it quite strange that people want to write off the Mag Mell project over comments from the Irish Greens who have turned track yet again just to keep the voters happy.
1 They won’t be able or have the capacity, have the experience or expertise to run and operate a 100% floating LNG non commercial project. (“I’m going to buy a boat” “Eamon Ryan” lmao,
Well so am I but I will have a qualified skipper and crew to commission, operate, and maintain the vessel or vessels.
2 The Mag Mell project is so much more than just an FSRU tied to a make believe onshore Jetty.
(Good luck with that being built)
3 Mag Mell includes Ram Head, Kinsale, and the future use of Hydrogen
4 Where is the Guaranteed 100% non fracked gas going to come from over a minimum 10 year period.
5 Who will pay the 100% upfront costs for this project.
It won’t just be for a boat or two.
And it certainly won’t be the Government, they have repeatedly stated that they will not invest in fossil fuel projects or infrastructure which will become tied and stranded future assets.
6 This project is worth Billions,
So even though they are playing this down as an intro to LNG, if they are serious about future Hydrogen fuels and storage for Ireland the only option at the moment on the table which will satisfy all requirements is the Mag Mell project.
I suggest you re read the White paper published by PRD and then compare what we propose to what is being proposed by the report.
There is not much difference.
https://wp-predatoroilandgas-2020.s3.eu-west-2.amazonaws.com/media/2022/05/Mag-Mell-white-paper-on-reuse-of-Kinsale-infrastructure-for-LNG-23.05.22.pdf
And an RNs about Ram head, (new pipeline mentioned)
https://www.lse.co.uk/rns/PRD/ram-head-licencing-option-1630-technical-update-d25mhsdw58qtc7a.html
Personally I will wait for an Rns stating the project is dead.
Until then, it’s game on.
AIMHO of course,
Wacky.
Well, What a day,
Certainly a day to remember.
Today is the Day we should celebrate as we have retained the ownership of our Company and expanded our Influence.
I really dont give a Flying F*rt about all the whinging Ninnies on here moaning becausing they wont be Millionaires by Xmas.
Tough Luck.
But I do care about the fact that I still have 100% of my investment and I have a better Chance now than ever of actually securing Generational Wealth.
The day this company was closed down by CEG over Inniss Trinity was a very dark day indeed.
We were in a great position, a really great position, we were on the cusp of becoming self sufficient and then out of the blue we are kicked out of Inniss Trinity for NO REASON. IT HAS NEVER BEEN REVEALED.
So ask yourself WHY CEG PULLED THE PLUG ?.
Why would they shoot themselves in the foot, because they would have had an income from Inniss Trinity also.
Any Ideas ??,
Thought they could get one over on us??/ Outside Influence ??
The One big thing it did do was restrict our progress across all projects and put us in the position of relying on others !
The plan has always been.
Trinidad pays for Morocco.
Morocco pays for Ireland.
This game we are in is Dirty, Nasty and takes no prisoners, Billions of Ponds/Dollars are at stake and the opposition out there will stop at nothing to get there hands on our License in Morocco, to either upbuild themselves or make sure it does not come to Market.
Paul and the team have played a Blinder by closing the CM deal, we are now back in the position where we dont have to rely on the cr*p shops for every move we want to make. We will be generating our own cash in 2024.
Certainly a Day to Remember
We wont lose the Guercif License for a pittance, unlike Sirius Minerals, remember them ?, massive world class resource, promised millions to its Shareholders, leveraged to the Hilt with no income to eventually be bought out by Anglo American for 4p on the Pound.
Sh*t Happens but not today.
Not for PRD.
AIMHO of course.
Wacky.
Morning all,
Ford707,
totally agree, Ireland is running out of gas,
Corrib is depleting by the day, the Moffat interconnector is almost at capacity and under certain circumstances won’t meet the current demands and it definitely won’t meet the future increase of demands so the only alternative is to develop indigenous gas, hopefully Corrib South or MagMell our offshore LNG proposal.
Mr Ryan certainly is caught between a rock and a hard wall.
How’s the renewables coming along ?
Oh Dear.
AIMHO of course.
Atb.
Wacky.
Hi all,
Meanwhile, back in the real World.
In a matter of a few short weeks BP has put the brakes on the NewMed deal (@20Tcf) and now also has passed over to Kosmos it’s share of a very promising 20Tcf in Senegal which was supposed to supply Europe with LNG (for no financial reward as far as I can gather). (Might have missed it) ??
https://www.oilreviewafrica.com/gas/gas/global-energy-major-bp
https://www.africaintelligence.com/west-africa/2023/10/17/bp-passes-on-yakaar-teranga-discovery-to-kosmos%2C110077819-art?utm_source=AIA&did=109739213
Why would a super major play a pass on a potential 40Tcf income stream when it has put so much into the projects.
Money based ?
Or logistical blah blah.
Or has the Company got something else lined up at a much cheaper cost, much closer to the Markets.
Somethings cooking in the kitchen.
Who knows.
AIMHO of course.
Wacky.