Zenith Energy Share Discussion Threads

[cpap man] 12/4/2017 09:24

Just have to do with a Great Thursday!

[cpap man] 12/4/2017 09:22

Ok thanks cac - so no Good Friday then?!?!?

[cashandcard] 12/4/2017 09:12

cpap man


Read the update on the 10th April;

"I can also confirm that an update regarding the workover of well M-195 will be provided during the week"


I'll let you workout the rest.


Cash

[ravin146] 12/4/2017 09:11

Toon, disagree. AC wants to provide regular updates.The point of the submersible pump update is -not only that it was a success on bringing in additional 250k income-the training team successfully completed their first task, which going forward is great.-also going forward it shows that at a low cost, these pumps could be added to more wells, that don't get the workovers and help boost production (though not incl in the 1000bopd target by March 18), though most importantly boost cashflow for the workovers programme-finally investor relation is so important whether near ipo or a mature company. If AC didn't report this until after the caspian forum, questions may have been asked by shareholders. This strategy allows regular updates, which regulatory need to be a RNS and not Twitter as its price sensitive info, knowing that the well 195 update is imminent, potentially may even be released next week after Easter break.Gla

[cpap man] 12/4/2017 09:10

Why does it have to be tomorrow?

[cashandcard] 12/4/2017 08:40

I have to say, I'm quite impressed with AC's equity alignment with shareholders here. I just hope they get the WO program right, in a timely fashion.

As for the M-195 update, it will have to be tomorrow.


Cash

[currypasty] 12/4/2017 08:31

another 100k for me.. far too cheap, especially now Brent price recovered

[thetoonarmy2] 12/4/2017 08:26

Ravin. As I said the other day I find it surprising about how transparent the company is Twitter and suchlike, I do though find and especially in the way the last RNs was written shows a bit of naivety!
Difference is I still fully support this company and like many wait for them to announce the new RNs, 14bbls was a bit of a mistake, much better to get a consolidated RNs with the 195 result included which I also like you hope is an excellent result.

[coscos] 12/4/2017 07:35

Looks like Andrea is a very confident man indeed.

[robg88] 12/4/2017 00:03

ravin completely agree- a very good response, $250,000 additional revenue is very welcome and sooner or later this will do well I'm sure

[thegreatgeraldo] 11/4/2017 21:23

honest, humble, yet ambitious and confident

...easy to be all of the above, yet deluded!

[honestcrook] 11/4/2017 20:55

100% genuine I may be called crook but I'm a honest one. I would never put such a thing on here if it was a lie.

[ravin146] 11/4/2017 20:15

I find it rare to find a CEO and company as honest, humble, yet ambitious and confident as Zenith energy and Andrea.If the above is genuine, if cement my thought that this will deliver the 1000bopd, yet still be honest with investors along the way.Dyor all, imo I along with the CEO believe this is massively undervalued considering the show strong budget on the workovers to deliver great rewards in only a year.No brainer.

[honestcrook] 11/4/2017 18:56

My response straight from the main man himself. I like the fact he got back us very quick. Dear Ryan, thanks for your support and kind words. I mainly use Twitter to engage with Zenith investors so I always follow investors back. As you know the Company made an announcement yesterday announcing our results with Team A's pump replacement activities which have generated a 14bopd increase - market response was mixed, which I find surprising as these 14bopd will generate an additional $250,000 of revenue per year. Zenith also announced that there will be an RNS in due course on the workover of well M-195 and an RNS on the beginning of the M-45 workover by Team A which is due to begin this week. I hope you will be pleased with our progress going forward. All the best, Andrea

[grannyboy] 11/4/2017 18:37

Unlike ravin, its very rare for me to filter anyone, but there is occasions when i have filtered those who are ignorant or stupid, and at the moment ravin is still being evaluated on either one or both of those impediments..

[ravin146] 11/4/2017 17:59

Lol rob...gd luck

[grannyboy] 11/4/2017 16:04

robg88 I would've liked to give you reasons but since investing and before I invested in ZEN there wasn't any talk of the in-house drilling team needing well training, but then Catteneo referred to it in an rns and in a podcast that team A would need to get the necessary experience and to gell together, and that both the teams were going to be 'in competition'.

In the 9/2/17 rns Catteneo stated "Zenith has decided to use a second rig operated by a highly experienced local drilling company"

Then in rns of 6/3/17 Catteneo stated that "Zenith is pleased with the performance of workover Team B"

Now the gist is once team B has completed 195 then they will not be used again, and Zenith will rely on team A, well lets hope their technical nous is sufficient for future well workovers.

Now with the delay in reporting w/o results and the company now seemingly relying on team A to take over the majority of the w/o's, and team B being relegated the impression that all is not well, my confidence as taken a downward jolt..

Hopefully after the result of 195 are disclosed and they are around or above expected then my confidence might start to return, but i've been very disappointed by some of the rns's and their inference contained in them.

[ravin146] 11/4/2017 15:32

Big day for ZEN tomorrow, alongside the president of the country.http://www.caspianenergyforum.com/index.php/en/Dyor, good to see the Canadian share price holding well too.

[robg88] 11/4/2017 14:41

grannyboy can you please name 1 thing you like about Zenith?

[ravin146] 11/4/2017 13:34

Oakville, who is your source that the CEO was in Italy recently? Are you connected to his team?Look forward to your response

[ravin146] 11/4/2017 11:37

Yes indeed sea of blue very welcome...ZEN does not need GUN 4.2%...I am hoping they sell out all their holding soon. More buys then sell over last two days, in anticipation of good news on 195 tomorrow or Thursday...Imho, dyor

[aggieuk] 11/4/2017 08:51

Sea o blue this morning! But I suspect not long until GUN pitches up with their 100k sales.....

[grannyboy] 11/4/2017 07:44

Personnelly I don't like my investment money being used to 'train' on the job wannabe oil riggers...

[grannyboy] 11/4/2017 07:42

Isn't it becoming predictable that when anyone says something that the ubber rampers don't like they dismiss them and claim they have put the 'offending' posters on filter...


LMFAO!!

[dipla] 10/4/2017 21:14

Welcome aboard another fool who hasn't done any research and continues to spout rubbish.11smith filtered