Zenith Energy Share Discussion Threads

[ravin146] 23/2/2017 18:01

Effiert you are the biggest bullshyter and ramper I have seen on these bb. Are you still in YOLO? LolStop spouting repetitive rubbish.Aimmafia agree, let's wait for that first workover result.Gla

[aimmafia] 23/2/2017 17:39

20p next week are you kidding me? Maybe by end of April

[milliecusto] 23/2/2017 15:04

Very much under the radar this stock,I'm sure the herd will arrive when we start hitting big increases

[cottoner] 23/2/2017 11:58

Swing Out Sister

[effiert] 23/2/2017 11:53

breaking out. fully expect to see 20p+ next week. tiny market cap here vs potential

Directors buying yesterday and taking salary in shares. News next week on workovers

[barnetpeter] 23/2/2017 11:51

New highs and breaking out.

[x54v] 23/2/2017 11:43

About to pop.

[someuwin] 23/2/2017 08:57

Looking for 15p+ soon.

[effiert] 23/2/2017 08:32

and directors buying more shares yesterday as well as taking salary in shares!

[effiert] 23/2/2017 08:30

very very close to breaking out here. news as early as monday. can see a full breakout before news lands

[oakville] 23/2/2017 08:15

Nice start to the day volume increasing.

[hearts1] 22/2/2017 19:34

You would think the first couple of work overs would be their ' bankers ' to get off to a positive start.If they can over deliver the 1-3k bopd may start to look like 3-6k bopd - which starts to make this share price look very cheap.Nothing definate in this game, but this is the pick of the small caps on a risk/reward basis.

[swampydrill] 22/2/2017 16:44

I think its important that they deliver on these workovers to show there is some technical and operational competence in moving forward.

[cashandcard] 22/2/2017 16:17

swampydrill,


Yes, if they are able to meet their basic targets towards 1,000bopd by Q1/18, they will prosper. Unlike many other smallcap oil co's, its not a question of oil/no-oil, its a question of whether they can determine the best completion for each well.


With P2 of 76mln (33mln net to ZEN), There is obviously huge potential given the subsurface data, drilling, completion and infrastructure management has been archaic and largely outdated Soviet-era practices. In the longterm, I would like to see them do a proper 3D shoot, delineate the field and drill new wells in sweetspots. I think the possibility of wells producing 1,000bopd (or more) cannot be entirely dismissed. At £14mln cap, it looks primed for growth.

PS, Ramco estimated there was potential for 3-5bln STOIIP across the fields. 'Tip of an iceberg' comes to mind.


Cash

[swampydrill] 22/2/2017 16:08

Decided to buy a few

[swampydrill] 22/2/2017 16:01

There certainly seems alot of potential and is re-assuring that alot of the issues are during production and not drilling, therefore there is still a secure wellbore to work with and workover. You can't always read too much into these flowrates mentioned, 1 of them said 5000 bopd on a well not tested, based only on a kick by the looks of it although it proves it initially flows.
Never realised these were ex Ramco, decent little company and a nice guy in charge in Steve Remp, met him while we were drilling seven heads off Ireland.

[cpap man] 22/2/2017 15:20

Suggest that you go back to the start of this ZEN thread swampydrill and spend an hour or three reading all the posts especially those by the likes of ZENGAS

You will then be a World renowned expert on ZEN

[swampydrill] 22/2/2017 15:06

Thanks, got the CPR, very low flowrates involved, previous workovers did increase production but they only looking at a +/- 500 bbl/day production after 2 yrs

[thegreatgeraldo] 22/2/2017 13:09

Probably worth looking at a less constrained opinion of Azerbaijan here,

hxxps://www.beaufortsecurities.com/img/shp/Zenith-Energy_S.pdf

....somewhere in between..........

[thegreatgeraldo] 22/2/2017 12:59

swampy - CPR in the admission prospectus, on the website

[cashandcard] 22/2/2017 12:42

swampy,

Admission doc. has good info.


Cash

[aggieuk] 22/2/2017 12:41

Swampy look on their Twitter for all the links

[swampydrill] 22/2/2017 12:32

I have looked through their website, cannot find any info on production rates, objectives of the workovers as in % growth in production. I see the potential volumes but nothing in flowrates, pressure declines etc, no investor presentations at all. Is there somewhere else i can find some info

[hearts1] 22/2/2017 11:16

News could hit Monday, I think quite a few will look to buy in Friday for first WO news. It really is a ' wouldn't be out for the weekend ' time.

[cashandcard] 22/2/2017 10:41

Good time to exercise options.

AC said 5days so it looks like early nextweek for news.

I'm confident they know what they are doing re. completion.


Cash