Member Info for thewackmiester

Hi all,

Chancers, I feel your pain as so do others who have seen their investment drop quite dramatically.
I wonder how PG and the other BOD members felt when the decision was made to issue the first very confusing RN on initial results from Morocco.
Can you imagine the meeting that was held and the conversations that took place. Perhaps this moment was enough for RP to consider his position.
After much deliberation I keep coming back to two answers.

1. There is Bug*er all there and weve been had.
2. There is so much there, we cant tell anyone. Yet!

If there is nothing there, then this has to be one of the greatest deceptions spanning more than four decades involving international companies and governmental bodies.

"You're the youngest kid on the meanest block in town and you've just found a big shiny Gold Bar worth more value than anyone has ever seen in the Neighbourhood.
Do you shout about it and put the word out or do you be smart and keep quiet until you have the right people on your side to defend what you have".

Grh was right when he said If all the RNs were combined we would be looking at 40p + in a Bulls case, but it is what it is for the time being and information was released the way it was for a reason, not to turn over the investors including the biggest shareholder of all but to protect what we have.

Did anyone read the article that I posted about our Russian friends being interested in Morocco and its assets to include the gas fields and Maghreb pipeline which is coming under Moroccan rule this November.
Has anyone researched recent US arms sales to Morocco or why Trump officially recognised the Western Sahara in Morocco's favour or that Russia is Algeria's biggest contributor or why our very own Boris is making noises about the tunnel under the Med now were out of the EU, why CP took a potentially worthless license, (have done nothing with it), with the gas pipeline running through it next to MOU or why an article on the large Israeli gas fields is potentially changing the power base in the eastern Mediterranean.

No, Little bit of light reading then.
Hopefully Chancers you may change your point of view, reinvest and say sometime in the future.

PRD, I was part of that.

AIMHO of course.

GLA
Wacky.

Morning all,

Grh and Sefton,

Thank you for your kind words, greatly appreciated, let’s think that the contributions from all posters will be rewarded in the near future.

GLA
Wacky.

Apologies, 3Tcf High estimate.

AIMHO
Wacky

Croxie,

With the current info released by the company in the recent RNs and my sums are correct, MOU4 alone is in the region of 3Tcf.
The Bod has stated MOU4 is now derisked, however the official figures should be released in a new CPR.

AIMHO of course.

Atb
Wacky.

Nice research micktick.

Atb
Wacky.

Hi All,

After reading Grh post this morning with regard to the Nord Stream 2 article, it looks like the Russians have got their way.

https://www.msn.com/en-gb/news/world/merkel-defends-us-nord-stream-2-deal-as-ukraine-cries-foul/ar-AAMrdyl?ocid=entnewsntp&item=flights%3Aprg-enterpriseblended-t%2C1s-ent-microsoft

I would then spend a couple of minutes reading this article.

https://northafricapost.com/21272-us-seeks-supply-morocco-natural-gas.html

Coincidence when this article was written and when PRD signed the contract with ONHYM ?
There are a great deal more coincidences if you do enough research.

I'm still in no doubt that we are sitting on a Monster in Morocco and we may need it for our own security of energy supply if our Russian friends start playing hardball.
We have taken some awful punches in the past two weeks and Pauls comment taken from Winston Churchill may have more significance than we will ever know.

But we are all entitled to believe what we want.

AIMHO of course.
GLA
Wacky.

Grh, Heartfelt

Oil Baron you should get down on your knees and beg for forgiveness, I'm utterly shocked and embarrassed for you.
You should hang your head in shame.
The sacrifices made by others so you can enjoy everyday freedoms and to make such comments is beyond contempt.

I really do hope your not British.

Do not reply to me but apologise to Grh and everyone else who frequents this board please.

FILTERED.

Hi Grh,

Spot on again with the analogy,

I have used the same equation as last time on the new released figures, on which I think there will be more to come when the updated cpr is released.

EQUATION.

G = gas in reservoir.
43,560 = Reservoir hydrocarbon volume in acre-foot rock.
3,645,720 = acre-ft.
0.16 = porosity (taken from GRF1)
0.23 = water saturation ( this figure is wild and used for illustration purposes only, may be less and if so gas figures will be higher or if greater than 0.23, gas figures will be lower)
0.00667 is the figure used in conjunction when a reservoir is pressurised at 2500 psia

G = 43,560 x 3,645,720 x 0.16 x (1 - 23) divide by 0.00667

MOU4 @ 2.93 Tcf

Not a bad result, things coming along nicely now.

AIMHO of course.

Atb
Wacky.

James Hollingshea
Excelsior

Both filtered.

Morning all, here’s to a good week.

Gla
Wacky

Geowiz
Thanks for reminding me.

Filtered.
Atb
Wacky

Hi GRH,
Just catching up on the board and saw your post.

This is a sad day when one of the best contributors, if not the best here has had enough of the vile comments by a small group of people determined to take over and control the board for their own means.

The plan is glaringly obvious.

Scare off the genuine posters and investors who have been here since the company began.
Then be the best friend to anyone left or new to the board.
One of the oldest tricks in the book.

It is quite easy to take the power away from them. everyone who posts or not as the case may be, but is genuinely interested in how the company is progressing whether it be good or bad or just looking for info if you have had enough of these
Ne er do wells.

This is something that I don’t do lightly as everyone has the right to free speech.

Nigel
Tim
Blissful

And anyone else who wants to be added to the list.

You’re Filtered.

Stay Grh.

Atb
Wacky

Glad to see we’re getting back to civility,

Just suppose we saw 15p/21p on 1.8tcf

How much are we supposing at, if everyone agrees on 4.7 tcf

And no I’m not ramping.

Just asking a question.

GLA
Wacky

I am nice chesh
I just don’t suffer, you know,

Ne er do wells.

Might by you a pint sometime.

Atb
Wacky

What am I your teacher, go look it up and decide if you want to be part of that group.

I can do this all day long

Atb
Wacky

Do you want to join the Ne er do well list chesh.

Be a good boy now and settle down
I can do this all day long.

Atb
Wacky

We’ll Nigel
If that’s how you feel you may want to consider selling up and moving on.

I’m not because I’ve done my research and I know what we’re sitting on .
Big big smile.

Atb
Wacky

Yep you need to do more research chesh

I can do this all day long

Atb
Wacky

Not really Nigel

That’s why I asked you to contact the bod and ask the question.
That’s if you’re really interested in investing your hard earned cash in the company.

I’m very comfortable with my investment thank you.

I can do this all day long.

Atb
Wacky

Here you go cj

Don’t mind helping out on a legitimate question.

https://www.resolve.ngo/site-communityhealthguidebook/stage-3-exploratory-drilling.htm

Excerpt from the article:

At first, one exploratory well is typically drilled on a particular pad (although a number of exploratory wells may be drilled in a geographic area to estimate the extent of the resource)

Atb
Wacky

No Idea, why not ask the bod in a polite letter and if they tell you then you can post the reply on here for everyone’s benefit, be it good or be it bad.

Atb
Wacky