Zenith Energy Share Discussion Threads

[cashandcard] 15/5/2017 16:46

granny,


The sidetrack flowtest result will be sooner or later, there is (finally) a flicker of light at the end of the tunnel...


Cash

[grannyboy] 15/5/2017 16:42

C&C "They are watching it carefully"


Yes I used to watch paint dry..A bit like that here...:)

[thelung] 15/5/2017 14:44

Well 195 is being done by an external company, and their future work with ZEN depends on the result, and they've already failed at first attempt. Patience.

[cashandcard] 15/5/2017 14:44

They are watching it carefully as they go along. No need to rush and mess things up.


Cash

[ravin146] 15/5/2017 14:42

Well 195 is being done by experienced staff, so I am surprised they are not into the next drilling already.I was hoping the first cementing/ curing to have been completed last week mudder

[ravin146] 15/5/2017 14:26

Well m45 should not take longer and should be far more simple?

[grannyboy] 15/5/2017 13:58

"I wonder how m45 is going now"


If m195 is any indication...then VERY slowly, and might..MIGHT! get an update in 4 months time...

[muddy_40] 15/5/2017 13:53

Ravin

I am thinking end of next week beginning of week after and if before I wont be disappointed. Run and cement casing, drill last 40 meters, more logging? well clean up, run the production sting, then flow test, anyway i am happy we are progressing on m195.

I wonder how m45 is going now?

[ravin146] 15/5/2017 13:27

So the next phase is..."A 114.3mm casing will then be cemented in the new hole and a slimmer hole will be subsequently drilled to a total depth of approximately 3065 meters. This section of wellbore, from 3020 meters to total depth, will be left as open-hole."Could take this week and results next week?

[ravin146] 15/5/2017 11:49

Cheers muddy,So drillers me done and no obstruction. Fantastic.Potential, progress and patience resulting in bring in the pounds!

[muddy_40] 15/5/2017 11:43

New tweet on M195



Drilling of M-195 sidetrack to 3020m completed. Hole inclination and logging report by wireline in progress. Running of casing next.

[cashandcard] 15/5/2017 09:23

There is value here, but its in the longterm. There maybe surprises along the way, who knows.

I do agree, drilling of 100m sidetrack should be done by now.

I suspect news in the next week.


Cash

[grannyboy] 15/5/2017 09:21

Even if the update is positive the share price won't get anywhere near its highs due to the lack of progress over the last few weeks and the share price falling to the level its at now, the only way this will get back on to its trajectory is for the flow rates to be exceptional, and this management do not appear competent enough for that to happen..

[ravin146] 15/5/2017 09:06

The fact that the interview has been postponed, the interviewee is awaiting a date...something tells me it will be an indicator of the RNS date

[grannyboy] 15/5/2017 08:11

Anyone who thinks they are still drilling are deluding themselves...They should have finished drilling by the middle of last week at the latest, and the pi's are being strung along by an incompetent management...

[ravin146] 15/5/2017 07:58

Muddy, this week we should receive an RNS, as imo it should be on final drill now and flow testing soon.

[grannyboy] 15/5/2017 07:41

muddy_40, WHY should there be a twitter update...If there is any news to report then it should be officially RNS's'd...

I say IF any news, when in fact the news has been due for weeks now....

[muddy_40] 14/5/2017 16:19

Wonder if we will get a twitter update tomorrow,,must be at casing point or onto final drill by now on m195

[dipla] 12/5/2017 18:54

I have a feeling they are on the final drill now or flow testing now...remember 24/7 operation here.Next week could be fireworks for sure!

[dipla] 12/5/2017 17:13

LMAO for his dentures!

[ravin146] 12/5/2017 16:46

What that on your dentures? Lol

[currypasty] 12/5/2017 16:02

I use 'rapid' cement from Wickes, sets in a couple of hours.. I wonder if I should tell em?

[thelung] 12/5/2017 14:56

Hello to you to :-)