Block Energy Share Discussion Threads

[90005nelson] 26/9/2019 07:29

It means my investment at this level, will do well

[gunsofmarscapone] 26/9/2019 01:04

‘will come good’, what does that phrase mean?

Today’s thing, dressed up as an update to investors was one of the most meretricious pieces of twaddle I have ever read. 50 barrels a day average approx since inception, I cannot deduce with ease though the number of days flowing. So a road tanker, mostly full of water has to make a round trip.

How much does that cost and how much does it cost to deal with contaminated water?

Waffle, waffle, waffle, waffle.

[90005nelson] 25/9/2019 23:12

BLOE will come good, the RNS was informative and that's why I bought in today.

[petralva] 25/9/2019 19:05

This time next year rodders.....lol

[jungmana] 25/9/2019 18:40

At least ZEN produce 5 times that and have reserves of 32mbbls

[jungmana] 25/9/2019 18:35

" from 17 to 23 September production averaged a choked-back rate of 230 bbls/d of liquid at an average water cut of 78%". That's to say actual production is about 50bopd

[1oughton] 25/9/2019 18:08

Oops too lateHere comes the 4'sWhat a lying toe rag you lads have for a ceo

[apache_dropout] 25/9/2019 17:54

This looks like your worst nightmare.

[1oughton] 25/9/2019 16:00

sell while it has a 5 in front of it

[cpap man] 25/9/2019 16:00

MALCYs blog



Block Energy. Posted on 25 September 2019 Today 10:46 Flash Blog

Block Energy

A West Rustavi update this morning from Block, the sidetracking on the 38Z has commenced targeting the middle and upper Eocene formations ‘with the benefit of valuable new information’. At the WR-16aZ well oil and water production has varied significantly partly due to the failure of certain downhole equipment but remains at a strong flow of oil, water and gas and the recent week was 230 b/d of liquids with a water cut of 78%, higher than expected and a flow of 130 mcf/d of gas.

The encouraging news is that this has proved the productivity of the Middle Eocene but also making it difficult to assess and delaying production rates which has a knock-on effect on timing of announcements. Having said that this was always to some extent a learning process and results from these wells over the next few months should give us a much better idea of what this part of Georgia can impart.

[cpap man] 25/9/2019 15:57

Exactly right l h

[lithological heterogeneities] 25/9/2019 15:51

We are now on 2 of 5 fully funded wells and just started 3D seismics.

Just relax.

[muddyfox0151] 25/9/2019 15:11

hTTps://total-market-solutions.com/2019/09/23/could-zenith-energys-bull-run-continue/

[pretax2] 25/9/2019 14:58

You'd be better off in main market ZEN
DYOR

If you can get em....

[bobonumber1] 25/9/2019 13:14

Name and shame

[spangle93] 25/9/2019 12:48

Link to presentation



As well as some maps, it's got the direct email address for the CEO and chairman on the last slide, which would be useful should you wish to vent your spleens. Certainly I've never had an email answered when using the address on the website (going through the PR company has yielded better results)

[jammydodger1] 25/9/2019 12:01

Ph screwed this one

[cpap man] 25/9/2019 11:00

MALCY's blog?

[thefartingcommie] 25/9/2019 10:48

Block Energy. Posted on 25 September 2019 Today 10:46 Flash Blog

Block Energy

A West Rustavi update this morning from Block, the sidetracking on the 38Z has commenced targeting the middle and upper Eocene formations ‘with the benefit of valuable new information’. At the WR-16aZ well oil and water production has varied significantly partly due to the failure of certain downhole equipment but remains at a strong flow of oil, water and gas and the recent week was 230 b/d of liquids with a water cut of 78%, higher than expected and a flow of 130 mcf/d of gas.

The encouraging news is that this has proved the productivity of the Middle Eocene but also making it difficult to assess and delaying production rates which has a knock-on effect on timing of announcements. Having said that this was always to some extent a learning process and results from these wells over the next few months should give us a much better idea of what this part of Georgia can impart.