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Morning all,
Well, I will be investing in a few more come payday,
Thank you very much.
Gla
Wacky.
Morning all,
Good morning Graham.
I think this is the post you are referring to
Atb
Wacky
Belief and Proof06 Aug 2021 10:33
Morning all,
Believe what you wish and prove what you can.
I believe MOU1, MOU2,MOU4, GRF1, MSD1 & possibly KDH1 drilled in the locations they were, are all connected.
We know MOU1 is connected to MOU4 through the 2TGB sand and MOU1 is connected to MOU2 through the TGB 3 & 4 sands, so theoretically MOU1 is also connected to GRF1 through the TGB 3 & 4 sand as GRF1 also drilled this particular sand.
(an early presentation/RN does state one of the reasons for MOU1 drill is to prove connectivity between that and GRF1 structures/compartment, have to search)
Now what about Grf1 being connected to Msd1
This document on page 1354 under “Timings” states. (have to download)
https://af.booksc.org/book/64033701/2b7138
“This exercise was performed for two wells within the Neogene depocenter (GRF-1 and MSD-1), as well as
the surface stratigraphic column from the southern Guercif basin published by Krijgsman et al. (1999).
Both of the wells are located above the same structure, but lie about 5 km apart”.
There is evidence further down the document that both wells have the same porosity at the approximate same depths which also may go to show that they are connected.
The document also states that Kdh1 well was drilled on the structural high, page 1346 figure 4.
“Well KDH-1 was located on a structural high outside of the Neogene depocenter, whereas GRF-1 and MSD-1 were drilled within the depocenter”.
If you were to draw a straight line between drill sites MOU4 and KDH1 it would show that we are prospecting in a very large trough as called the Guercif Graben some 40kms long x 20kms wide with sediments up to 2.5kms thick.
That is what I believe.
This what I can prove.
It is well documented that there are missed payzones in the GRF1 well (Atlantic Oil, 2012 SLR,PRD et al.) from 10Bcf to 200Bcf of gas, we have all seen the detailed charts to prove porosity, permeability etc. and also that it would be possible to re-enter the well to extract the gas (2012 cpr)
We have the initial results from MOU1 as per the 6th July RN stating up to 1.7% C1 background gas down to target depth of 1159m (TGB3 & TGB4 Sands) and below 1159m in the lower Guebbas and Hoot, background gas of up to 1.5% C1 but with traces of heavier gases C2,C3 and C4 (TGB2 Sands)
We know through my earlier posts that these percentages of gas are good but have never seen another similar report or from the same location in Morocco to undoubtedly prove what we have found.
Hidden in plain sight, In a 2019 PRD presentation they revealed the mud log results (in French) from the GRF1 well, look at the % of C1 etc, at what depths and compare to what we revealed on the July 6th RN.
( Based on Background gas % and not the higher Formation gas %)
This proves If there’s payzones (extractable gas) in GRF1 there’s payzones in MOU1.
Page 22
https://www.predatoroilandgas.com/wp-content/uploads/2019/02/New-Presentation.pdf
AIMHO
Morning all,
Graham, nice to see you back on the board, I hope you decide to stay and thank you for your very kind comment.
Without sounding too Bullish,
Do I believe that there is the possibility of most or all of the previously drilled wells and structures in the Guercif license are connected ?
I most certainly do !!
Looking forward to the MOU1 results.
AIMHO of course.
GLA.
Wacky.
Morning Bob,
I’m still here just stepped back from the madding crowd a tad.
Nothing has changed, the gas is still there, just a modification on the drilling fluid required to proceed with MOU2.
I’m looking forward to a news stream from Paul or Lonny.
It should calm a few peoples nerves and hopefully put to bed the ne'er-do-well brigade.
Atb
GLA.
Wacky.
Morning all,
Don’t need to say much.
But hopefully only a few more days for Eamon Ryan as Energy Minister.
The Chicken’s are coming home to Roost.
https://www.irishtimes.com/politics/2022/12/08/eirgrid-warns-of-pressure-on-energy-system-due-to-weather/?utm_source=Newsletter&utm_medium=email&utm_content=Warning+over+threat+to+electricity+supply+due+to+weather&utm_campaign=morning_briefing_digest
AIMHO of course.
Gla
Wacky
Morning all,
An article in the Moroccan news dated 23/11/22, a day before the outstanding RN.
We know that the plan is to export the gas to, as stated Europe.
No one questioned wether the U.K. may receive any of this “Winter” Gas.
A very small mention in this Green Energy article.
“Similarly, Morocco is set to export much of its new-found gas riches to the UK”
https://www.moroccoworldnews.com/2022/11/352557/green-energy-in-morocco-strategic-objective-or-national-priority
Quite a bold statement considering we haven’t drilled MOU2 or MOU3 yet.
So it does make me wonder who made the phone call asking for large supplies of Morocco’s gas for export.
AIMHO of course
Gla
Wacky.
Morning all,
A couple of articles, slightly old but still very relevant.
https://www.agriland.ie/farming-news/call-for-eamon-ryan-to-be-dismissed-over-energy-policy/
&
https://www.agriland.ie/farming-news/ireland-needs-dedicated-energy-minister-mep/
He has been promoted to Lead negotiator for loss and damage. (Cop27) which will take up a lot of his time, even after the conference has finished.
(Come and work for us Eamon. EU)
https://www.thewestonmercury.co.uk/news/national/23138332.irelands-climate-plan-will-deliver-scale-change-needed-tackle-crisis/
As in the above article,
Is this his last Hurrah ? before leaving for bigger and better things ?
I don’t think he will be missed.
Not just only by prd investors.
AIMHO of course.
Gla
Wacky.
Thank you for posting the article Tritoretire.
What a result that would be to say ta ta to the Glorified bike shop manager who quite frankly doesn’t know his ar*e from his elbow.
Fanatics and idealists of any background rarely make good leaders.
Looking forward to the December drill in Morocco,
Great days are coming for Prd.
AIMHO of course.
Gla.
Wacky.
Hi all,
Great RNs, just catching up after a mega busy day.
Gas Sales and Commercial activities.
I do like the message !
Market still oblivious ? Or are they ?
WellHeads.
This is what I think the four Wellheads are to be used for:
WellHead 1. To replace the existing WellHead on Mou1, due to the increase in pressure which was even higher than expected and planned for when Drilled.
WellHead 2. Mou2.
WellHead 3. Mou/NE.
WellHead 4. To be used as an appraisal for Mou/NE on the existing Taf-1X well drilled by Phillips in 1979.
This may seem like a long shot considering the age of the well, however the company has experience in rejuvenating 60-year-old wells as reported some time ago on the Inniss Trinity Oilfield in Trinidad and more telling as per the 12th May 22 RNs.
This paragraph has renamed the TAF-1X well as TRF-1.
The MOU-NE drilling lead has now been mapped at the base of the forecast reservoir sequence with a structural closure covering 102 km². The next step is to finalise a drilling location based on defining the highest point on the structure with the maximum potential for leached reservoir development (18 metres of reservoir were encountered approximately 2,200 metres downdip in well TRF-1 about 15 kms. to the southeast of the MOU-NE structure beneath a zone of gas shows. MOU-NE well will be targeting a gross reservoir sequence of approximately 200 metres within which the potential for good quality reservoir is increased due to its structurally elevated position relative to TRF-1. MOU-NE is adjacent to the gas-generating basin defined by the MOU-1 well results. Oil and gas shows are present on trend to the west of Guercif in the target reservoirs in the depleted Boudraa and Tselfat oil fields and in the DGR-1 and DGR-3 wells, demonstrating an active petroleum system to the west that will be tested by MOU-NE.
We know TAF-1X was drilled downdip on the Mou/NE structure and found Oil.
It also raises the question,
Why would you rename an old well ?, unless there are plans for it to be used in some way and also to rename this well, I would expect permission for this change to be authorised by OHNYM.
It could be a Typo but this well has been referred to numerous times as TRF-1
(Also note DGR-1 & DGR-3 wells which I believe are the renamed GRF1 and MSD1 wells which were drilled to the south of the Mou1 Faultline and to the west of Mou/NE although this name change is to be confirmed.)
So, Exciting times ahead and not long to wait.
The Patience will pay off.
AIMHO of course.
GLA.
Wacky.
apologies
A2 Highway
and you will have to copy and paste the whole address.
https://earth.google.com/web/search/Guercif,+Morocco/@34.31326667,-3.38100234,361.28109274a,1561.22510706d,35y,355.36212798h,0t,0r/data=CigiJgokCdgyysHg1jRAEdkyysHg1jTAGcvtLb1cjDxAIeetvtuihlLA
Hi all,
As pure speculation and a bit of curiosity to be quite honest, I thought a little bit of Google earth etc might throw up something worthwhile.
So.
https://earth.google.com/web/search/Guercif,+Morocco/@34.31326667,-3.38100234,361.28109274a,1561.22510706d,35y,355.36212798h,0t,0r/data=CigiJgokCdgyysHg1jRAEdkyysHg1jTAGcvtLb1cjDxAIeetvtuihlLA
This image looks quite similar to the outline shape presented for the Compressed Gas Station with an entrance and exit route in close proximity to the A5 highway with access roads in place.
It is South of the A5 Highway but fairly close to the original Mou2 site.
On the PRD presentation about 17.30 mins in, there is a sketch of how the station could look.
https://www.youtube.com/watch?v=e25SVlLdo3s
The question is:
Would a Farmer outline a field for crops as in this shape ??
Who Knows.
We will find out soon enough.
Gla.
Wacky.
Another piece of light reading.
Michael Collins TD calling for rationality, commenting that 2035 is the date set by the “experts” for Wind energy. (Not 2029 now ????)
https://www.southernstar.ie/news/forget-the-climate-for-now-says-td-4250737
He is the Chap standing next to Paul in Lonnys tweet.
https://mobile.twitter.com/lonny1971/status/1577967707726794752/photo/1
Gla.
Wacky.
Morning all,
Looks like Minister Ryan has been caught out again.
The moratorium against data centres in Ireland could well be moving towards litigation based on the fact that under the Gas act the CRU are legally obliged to connect its customers on request.
However, In Minister Ryan’s opinion the law can be broken, as he seems to think his actions are justifiable and the letter of the law can be rewritten to suit the Green Party’s wishes.
He really is not worthy of such position, denying the economy and people of Ireland a more prosperous future in pursuit of his own political agenda.
This came to light under the freedom of information act and he is now trying to cover his tracks.
On the positive side we now know that our proposals are well and truly on the table and the chances of success have never been greater.
Perhaps Paul and Lonnys quote of “We will win” are in a roundabout sort of way, written in Law.
https://www.rte.ie/news/ireland/2022/1014/1329211-data-centres/
AIMHO of course.
GLA.
Wacky.
Hi all,
Hope everything is sorting itself out for you Graham and it’s great to have you comment on the board.
A little article in the Irish Times regarding Minister Ryan.
I was quite gobsmacked when I read this, the shear audacity of the man.
Reads Like.
“This is my Country, I will run it how I like, Sod everyone else’s views and commitments, they don’t matter”.
https://www.irishtimes.com/business/2022/10/06/eamon-ryan-wanted-esb-to-halve-state-dividend-to-pay-for-green-investment/
So, just a thought.
Is this denial from the Treasury the reason why the Minister is stating
“A state run LNG & gas storage facility”
So he can get his cut to progress his dream.
Not that I think that will happen for many many reasons, but his way of Leverage.
AIMHO of course.
Gla.
Wacky.
Hi all,
An article in RTE by Dr Paul Deane with regard to Ireland rethinking LNG.
What smacks me about this article is, that this is the same chap who did the article in the Business post a couple of years ago stating that PRDs offshore FSRU option was worth €28 Billion.
(If anyone wants to read it, scroll back through my history to find it)
Now there is no mention of a commercial installation only per viewed as a state ran operation, which I would be very surprised if it ever got off the ground.
The logistics and the absolute cost of commissioning such a project would be too much for the government to approve.
So, is this the game plan ?
Go down the route of the apparent state owned LNG project but decide to go on a small scale commercial option for starters after deadend avenues explored.
Paul has suggested the development of the Ardmore field within the Ram Head license.
Probably the best cost effective solution.
And The Greens have to save face somehow !
https://www.rte.ie/brainstorm/2022/0928/1325933-ireland-energy-supply-security-crisis-fossil-fuels/
Not long now for Morocco :)
AIMHO of course.
GLA.
Wacky.
Brilliant piece of work Methodology and thank you for the mention.
(Very kind of you)
Atb.
Wacky.
Hi all,
After an incredibly busy day and just catching up I am extremely saddened by the announcement of GRH deciding to quit the board.
If I could appeal to your decision and hope you may decide to stay I know everyone here would be delighted, your contributions are second to none.
You have provided so much knowledge and insight not just with regard to prd but also the wider ins and outs of the investment circus of which I am personally grateful.
After four years, so much research and Ideas put forward, We are so close to success, that if anyone deserves to be at the celebration party, it is your good self.
Your decision if final will always be respected but on behalf of all the genuine folk on here I think I can safely say,
We will miss you Graham.
God speed.
Atb
Wacky.
Sources in the energy sector described Equinor’s departure at the time as a “huge blow” to Ireland’s climate ambitions, as offshore wind developments require very large companies with significant financial firepower and technical expertise to deliver them.
The Business Post understands that the draft terms and conditions for the very first Offshore Renewable Electricity Support Scheme (O-RESS) auction caused significant disquiet among renewable energy developers when they were released late last year, particularly a clause requiring companies to put up multimillion-euro security guarantees for projects.
Under the draft terms for the O-RESS auction, a successful energy company would be required to put up a “performance security’, which is essentially a bond to be kept in escrow until the project is delivered.
This will require developers to put up a bond of €24 for every megawatt hour of energy the proposed project will deliver. As most offshore wind projects are very large in size, the bond required typically runs into the tens of millions.
A major issue in the draft guidelines was believed to relate to a clause which stated that the Minister for Energy may take the bond if the project has not been granted planning consent by 2024.
It’s unclear whether the same concerns contributed to Shell’s decision.
The Commission of Regulation of Utilities (CRU) is currently holding a series of consultations on offshore grid connection policy which it said last week would enable developers to bid confidently in the forthcoming O-RESS auction.
Gla
Wacky
Morning all,
In what is another massive blow to Ireland’s offshore renewables ambitions, Shell have announced pulling out of the Simply Blue project which was to be sited in the Kinsale area.
What’s the plan now Minister Ryan ?
https://www.businesspost.ie/news/exclusive-shell-withdraws-from-major-irish-offshore-wind-projects/?utm_campaign=article&utm_source=twitter&utm_medium=web
Shell, the multinational energy giant, is pulling out of the Irish renewables sector in a potentially significant blow to the country’s climate ambitions, the Business Post can reveal.
The move represents a u-turn by the company, which just last November agreed a deal to acquire a 51 per cent share in the Western Star Floating wind project off the coast of Clare from Simply Blue Group, a Cork-based energy company.
Shell previously said the project had the potential to generate 1.35 gigawatt (GW) of energy, enough to power more than 1.1 million homes.
Shell had also struck a similar agreement to jointly develop the Emerald floating wind project off the south coast of Ireland with Simply Blue.
A spokesman for Shell said: “Shell and Simply Blue Group confirm that Shell will end its involvement in the Western Star and Emerald offshore wind projects in Ireland.”
In a statement, Simply Blue Group said that it “remains fully focused on delivering the exemplary Emerald and Western Star projects off the coast of Cork and Clare which will deliver a combined 2.65 GW of floating offshore wind power for Ireland.”
“Simply Blue Group are progressing towards a new strategic partnership, building on the momentum of both projects to deliver to facilitate government targets for Phase 2 of Ireland’s offshore wind development,” the statement added.
It’s understood efforts to secure a new partner are in the early stages.
The Western Star project is due to be developed in two phases with 300 megawatt (MW) to 450 MW of capacity coming on stream in the first and the remaining 700MW-900MW to follow afterwards.
Some 300MW of installed capacity is planned initially through the Emerald project, with the potential to scale-up to a total installed capacity of 1GW.
This is equivalent to powering 800,000 Irish homes or the capacity of the Moneypoint power station, Ireland’s largest electricity generation station.
Shell’s withdrawal from the Irish renewables sector represents a potentially significant blow to Ireland’s target of achieving an 80 per cent cut in energy emissions.
Equinor, the Norwegian energy giant, confirmed last year that it was exiting the Irish market, citing frustrations with the regulatory and planning process here.
One source said Shell was focusing its efforts on countries with more accommodating legislative frameworks.
Equinor had been working with the ESB since 2019 to jointly build a 1.4GW floating offshore wind farm off the coast of Clare and Kerry by 2028 at a cost of circa €5 billion.
Continued: