Member Info for Zebra04

Our Irish proposal is the only one that can be quickly and cheaply decommissioned when renewables eventually take off. The fsru leaves no lasting environmental impact.
Combine that with the ability to sequestrate co2 into kinsale. It's the only solution that satisfies all parties. Energy security whilst cutting down on emmisions. The ccs would give Irish politicians something to brag about to Europe.

Ours Ireland proposal can be quickly and cheaply decommissioned when renewables eventually take over. Co2 sequestration and it satisfies all parties in Ireland.

"With the natural transition to greener energy, it is incumbent on policy makers and regulators to be inclusive, in order to utilise all the available expertise and practical knowledge to develop a workable policy for CO2 sequestration along the way to a sustainable energy future. To facilitate such developments Predator will work with regulators, where invited to do so, to promote enabling legislation that facilitates CO2 sequestration. We have pioneered a new era of CO2 injection in Trinidad and de-risked the potential for larger scale CO2 sequestration. Why not Ireland?"

Confirmation paul is looking at co2 sequestration in Ireland as well. This co2 services part of the company can be massive. It also makes the fsru project an easier sell to the public in Ireland.

Evening Nico,

Lths will know I have never been keen on doing business with cerp, now Bpc.
Both cerp and Bpc are the type of aim bods that I despise. No regard for shareholders.

It wasn't really a choice to go into a partnership with cerp on the innis trinity field. We were in discussion with steeldrum who owned the license area. Cerp then took over steeldrum and we were left dealing with the cerp board.

I've never got the impression Paul enjoys working with them either.

Sure if thier percy1 drill fails we could put in a lower bid for FRAM again. I think Paul has bigger fish to fry.

Regards
Zebra

https://www.cnbc.com/2021/01/31/carbon-capture-technology.html?__source=androidappshare

Summary
It all comes down to the economics.
Lack of data available on large scale carbon storage.
Future global carbon credits will attract more players.
Our project is already profitable without them.

Imo we're in the right place at the right time. Although the mcap doesn't reflect that.

Surprised there's not more buyers today in the low 5s. Folks paid above 6p yesterday.

@jordan
I doubt you have been invested here for 2 years as you're concerned about dilution and do not understand the recent rise.

Perspective, we still only have a 14mil mcap.

There's many other o&g stocks with much higher mcaps with far less exciting projects.

correction $1.5mil

Razorman is correct.
We had to put down 1mil to secure the Moroccan license. It is returnable once we drill our first well.

"The Company's subsidiary, Predator Gas Ventures Limited, on 19 March 2019, provided a bank guarantee of US$1.5 million to Office National des Hydrocarbures et des Mines, who act for the Moroccan State, as a condition of being granted the Guercif exploration licence."

Historically there's a lag between a positive rns and sp movement. So I don't suspect any new news has leaked. We're deservedly up for succesfully completing the pilot. A lot of time and effort went into this by the bod and lths following. Results are better than we expected.

@sefton the 4.5 trade is a delayed sell from this morning. Two large buys gone through after hours. 1 for £35k.

Mostly likely the placing shares have now been cleared and there's no drag holding us back.

Friday we closed at 3.9 so we're up 1.25pence, closer to 30%. Still only £12m mcap.

Trinidad news alone is sufficient to take this to £20m mcap. 9 interested parties which will translate into revenue. As a lth never did I imagine we'd have that much interest on completion of the pilot.

Still only a £12m mcap lol. Long way to climb still

Now it's 6/7 on 5p ask. Last mm left at 4.9

5p in site as 3mms on it on lvl2

The more market makers, the more liquidity and thus lower spread.

It's up today although showing as red

Only just caught up with this. Thanks to Mike bassets for posting it.

So there's now 9 parties interested in our co2 eor. In the rns it was 7 parties, either that is a mistake or 2 new parties have taken an interest since the rns. As intended by Paul.

This project could grow a lot bigger than many of us anticipated. As it grows the more co2 sequestration we have a hand in. That is something to be proud of as investors and will increase the companies value in a green economy.

Reassuring update and an exciting year ahead. 3 large interesting projects with a top class management team who own 25% of the float and a tiny £10m mcap.

We just need to go over this 4p placement resistance. The stocks has been on a slow uptrend since the start of November.

@nico Paul hasn't mentioned producing gas in Trinidad. It has always been to target depleted oil fields, I assume any gas that may have been there is long gone.

Lochnez you sound awfully like MEM.

Co2 eor is a complex project. A lot of producers do not have the knowledge or time to carry it out. Therefore we can provide the technical know how, a proven injection and well monitoring system. The latter has been providing data for the past year.
Those from outside Trinidad can source their own co2 for their fields if commercially viable. We provide a quick and easier way instead of going by themselves. Should help speed regulatory approvals in other countries knowing the project is proven and safe. The more fields/countries we expand to the more data we collect. All leading to greater efficiencies. We can grow that part of the company as a co2 Eor service provider. Most the other co2 EOR projects are from a different time so are not comparable.

This is key

Displaceable CO2 injection volumes required to uniformly increase Herrera #2 Sand reservoir pressure in the AT-5X well by 62 psi is 1,553 MT, based on pre-CO2 EOR Pilot desktop forecasts, versus 443.58 MT injected into AT-5X to date.

Less than 1/3 of the predicted co2 volume was required to get the target increase in bopd. The cost of scaling is significantly reduced making the project more attractive. No wonder 2 state entities and 5 local oilers are interested in the tech.

At this point I'm not interested in us selling the co2 business. There's still a lot of untapped potential there to grow its worth. It's also a very interesting business to own in the current climate.

Well done to management.