Zenith Energy Share Discussion Threads

[ravin146] 23/3/2017 21:17

Scotty looks like things are really getting a move on move...bring on the results!

[scotty666] 23/3/2017 16:40

Yes I think GUN sold another 890,100

[currypasty] 23/3/2017 16:37

have I got this right? they had 5.6m, sold a few to 5.5m, converted notes to add 1.6m, sold a few more (750k), and ended up with 6.2m?

[cashandcard] 22/3/2017 21:23

Ravin,I agree, walk then run.Need them to focus on Azeri WO and improve daily production. I total distraction to start considering other assets now.Cash

[pally12] 22/3/2017 19:59

All day bid price has been between 10.5-10.75 , looking at trades majorityHave been above 10.75 so I would see these as buys common sense tells you if bid price was 10.5 that's all your gettingNo way they are give 10.75 or above when clearly bid is 10.5

[ravin146] 22/3/2017 17:09

Cash...it's all about the current workovers providing cashflow for rigs etc...full drilling will cost more money.Focus on the workovers. Walk then run...just like the sp!

[cashandcard] 22/3/2017 16:31

They could not get that new drillrig in soon enough. A bit of 3D seismic and then a proper model for the field/s before they target the sweetest spots. I'd rather they do that then waste time trying to get another asset somewhere.


Cash

[coscos] 22/3/2017 14:43

Another excellent interview, thanks lung.

The more I listen to Andrea, the more I like what I hear. Says he's not interested in being a 'roulette' junior exploration company betting on the results of only 2 or 3 explo wells, but prefers to build on success from achievable production. Also sounds like a perfectionist and get the impression he's not 100% pleased with Team B, already stating that he would prefer both teams to be from 'in-house'. Wants to grow ZEN into £100m mid-tier company.

All sounds good to me.

[ravin146] 22/3/2017 14:35

With a name like that not sure anyone would believe your impression lol.News soon. Buys being reported as sales today it seems.

[grannyboy] 22/3/2017 14:15

For some reason i get the impression from the podcast that the well results will be announced on Friday...My impression could be wrong of course..

[ravin146] 22/3/2017 13:47

So CEO in Hong Kong atm in discussion over a drilling rig.CEO stated in the next few days will have results for m195. Both teams A and B working and competing. Team A in house, team B local professionals with expertise working on m195.News very soon then... looking good imo!

[bad gateway] 22/3/2017 13:39

Thanks for that TheLung, sounds like our first update on the workovers is only days away now. Be good to have some operational newsflow looking forward to it.

[thelung] 22/3/2017 13:21

Final fine tuning of M-195 and it will be done right.

I think we'll be drilling new explo wells earlier then we thought.

[cashandcard] 22/3/2017 11:57

Zen,

Some very saleable points. Thanks.


Cash

[zengas] 22/3/2017 11:25

It all depends on what the actual workover is cash.

Would they have known how many actual number, size and type of obstructions there were before starting M-195 which would ultimately dictate the speed of the workover ? Perhaps the need for additional equipment was not envisaged prior to starting and that every eventuality cannot be catered for. In this instance they needed additional equipment that was sourced from further afield and perhaps only required in a rare situation and why maybe it wasn't carried from the outset ?

[cashandcard] 22/3/2017 10:25

Whilst an impressive appointment, I prefer they focus on Azerbaijan without getting distracted by other potential assets. A result on first WO is overdue.


Cash

[ravin146] 22/3/2017 08:07

Positive news...more experience, diverse bod, more acquisitions, and focus on Azerbaijan!

[thelung] 22/3/2017 07:11

Impressive appointment and should unlock a few more doors.

[ravin146] 21/3/2017 17:57

Watch this...https://m.youtube.com/watch?v=H5hcLq5iLoY

[ravin146] 21/3/2017 16:41

Edit correction: so the Gun trades and conversion looks like they remain relatively unchanged on holding at Zen.

[currypasty] 21/3/2017 16:36

hope so, need something to cheer me up after watching amer.

my historic ptr cost me 5p+, so no party there for me