See ' The Sleeping Giant' on Reddit...
A truly incredible piece of work
Some folk might note ...merely in passing...
the section titled
'Proof of Pudding '
😇😇😇
Funny old World
Today's RNS
#PRD
'Importantly MOU-3 confirmed the interpretation of the results of the MOU-1 well completed in July 2021 and established a new gas basin covering up to 240 km² in the northwest corner of the Guercif Licence'
No comment needed from ROB
Re SCALE😇😇😇
QED
#PRD
🔁 Reposting in long form a brilliant piece by KiethOz (@KQuick20704342) on Lse to X as a reference.
Click to expand.
Part 1️⃣.
This bulletin board provides an environment for sensible adult discussion on all matters relating to Predator Oil & Gas. All views should be…
Until the World's great hydrocarbon fields
were fully discovered
They lay undiscovered
That was the situation WRT Guercif
(also the situation WRT the mighty Ghawar)
Folk are only now starting to understand
what I have long been banging on about
#PRD
They will pay for what #PRD can prove
Prove even more = Pay even more
'Current market dynamics support drilling activity and very near-term value creation'
That's it🔥
May I refer readers to
What was mentioned in
'The Sleeping Giant'
Under the heading
'The proof of the pudding'
The very definition of
'Posting my balls on the line'...
In public...in advance...
Of course...
nobody else agreed with me
That's it🔥
Number of nett metres being tested =
Per #PRD = just over 150 metres
Per published regression analysis...
Average gas production per metre of pay in the analogous Rharb basin...
Conservative uniform choke = 1.15 mmscfd
Random choke =1.36 mmscfd
That's it🔥
#PRD is THE epitome of
The needle in the haystack
In my time, I have dissected many haystacks
Straw by meticulous straw
And identified several needles
that delivered epic returns
But this one ...is
off the scale
I have good reason to say that
That's it🔥
#PRD See that nice juicy 10km wide, 4km deep Triassic/Jurassic/Neogene anticline right in the middle? Guercif seems like a good place for finding the largest gas accumulation in Morocco. Testing, testing.
@SGfordy711 You might want to read it in conjunction with the 2014
presentation by Maxim Resources...
as more recently highlighted by Keith on LSE
Whilst it is NOT homogenous...
I am now very sure the entire basin is heavily 'pregnant'
The multiple Jurassic plays are monstrous
#PRD
Joel Greenblatt compounded at 33% per year for 20 years.
This means an investment of $10,000 would be worth $7 million!
I am sharing all his Class Notes mapped in 1 PDF for free:
Fear of the last crash is suppressing oil investment, keeping oil company equities and oil asset transactions at low valuations while setting up for the next supply crunch bisoninterests.com/content/f/rece…
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