Zenith Energy Share Discussion Threads

[andy] 16/6/2017 08:31

granny,

I agree, they can lead to excitement and a buying frenzy which is not good if you subsequently disappoint, as we can see by the chart.

He now has to deliver, and the new COO suggests they are moving in the right direction in that respect, better equipment another good sign.

[grannyboy] 16/6/2017 08:17

cpap man no indication there whatsover on needing a fundraising at this time, agreed one most likely next year when they start on well drilling(not just w/o)..


Andy..re: promotional interviews..Andrea did these interviews at the begining of the year, which came across as positive, but then when they got drilling they ran into blockage problems and delays which seemed to go on forever, now they have admitted the equipment wasn't up to scratch and some personnel needed sorting out, now with the new equipment and the imminent flow rates from M-195 and an update on M45 due, then if they don't delay and they keep momentum going then the market will keep interested.

But its no good giving promotional interviews if they don't carry anything out.

[cpap man] 16/6/2017 07:30

Someone asked about CAPEX....this is from a recent RNS....



This result is just the beginning and, I am confident in saying, the first of many incremental production increases that will be achieved through our systematic field rehabilitation programme. It should be underlined that our target remains to achieve 1,000 BOPD by March 31, 2018. Zenith has very sizeable oil reserves, especially relative to its market capitalisation, and the challenge lies in finding the most efficient and cost-effective equation to achieve successful production increases with various workovers and other CAPEX activities.



Zenith is an energy company with a systematic CAPEX programme rather than an explorer focusing on the success of any individual CAPEX operation for continuity. The Company's performance at well M-195, whilst with an initial unforeseen delay, proves that we have found this balance by achieving success with very contained expenditure, especially when considered in relation to the significant revenue increase that will be obtained.

[zengas] 16/6/2017 07:09

I'm honoured

[lukead] 16/6/2017 07:05

Indeed Andy, ill say no more about ZENGAS, good luck with your investments.

[aggieuk] 16/6/2017 06:05

Plus don't forget they have monthly income from the Italian side and our oil.

[aggieuk] 16/6/2017 06:04

PUGUGLY where you getting the funding call rubbish from? They've raised as much as they can this calendar year. The only funds they can raise this time round would be from their debt facility which I'm not sure if they still have it or not, or possibly an egm for shareholders to vote on it, but as we're fully funded for the work over program, if that happens it'll be for something good like a new asset purchase, which in my mind would be worth a bit of dilution. But anyone saying we have a funding call coming up is talking complete rubbish until next year when they are allowed to raise money again.

[muddy_40] 16/6/2017 04:09

Andy

I thought the interview was informative of what to expect in the next month, and also told us about how they have changed strategy with using modern bigger drilling rigs, Schlumberger and to expect an updated strategy with the results going forward.
I did not see it as a ramping podcast. So I was happy with it. But the real telling thing will be final flow rates on m195 and m45..that what the market is waiting for. I just hope they are decent or even better than expected.

[andy] 15/6/2017 22:21

lukead,

Agreed,oOffensive language does nobody any credit, so if someone uses it against you, the best response is to be lucid and civil.

There's nothing happening here that merits profanity, yet at least.....


Turning back to ZEN, do people think it's good that Andrea is doing promotional interviews, or would you prefer he kept quiet until an RNS is available with an update?

Genuine question.

[ravin146] 15/6/2017 22:13

A lot to look forward to that will add value to shareholder:https://audioboom.com/posts/6015778-andrea-cattaneo-ceo-of-zenith-energy-zen-14th-june-2017?t=0

[andy] 15/6/2017 18:51

cpap,

I agree totally, if you don't have debate you end up with a mutual backslapping club, and we know how those normally end!



Raving,

Just to clarify, who do you think is "currypasty" or "mudbath" on this thread?

[pugugly] 15/6/2017 18:40

Canadian investors will have to seek returns beyond the country’s second-largest asset class because oil will stay around $45 for the foreseeable future, predicts the top strategist at one of the world’s biggest asset managers.




AS canadian listing possible reason for the continuing share price fall - PLUS of course delays in workovrs and uncertainty of "liquid" plus thoughts about a possible funding call. (imo)

[rameshh] 15/6/2017 18:17

Sure makes sense!He/she is posting lies no doubt...CPAP, where are you sourcing your information that funding is required for the workovers?!"needs to raise funds to increase CAPEX to get to the promised land of 1,000 bopd plus." Written by CPAPI understand acquisitions.I look forward to your response and hope you don't ignore the question.Imo

[cpap man] 15/6/2017 17:56

BB's should be about decent open debate....no de-ramping & shorting or indeed any out landish ramping.

ZEN is a decent potential oil & gas stock that needs to raise funds to increase CAPEX to get to the promised land of 1,000 bopd plus.

What is there not to like about ZEN in the long term?

[ravin146] 15/6/2017 16:38

Scotty, appreciate the new fresh thread.Let's stick to ZEN only research.Gd luck

[ravin146] 15/6/2017 16:37

Just a reminder for new investors to be aware of......small steps to a peace free bb, so you can ignore the bullshyt and save you time. Just to help you out, I have...FILTERED; g/t rannyboy (aka Markyboy on twitter), thegreatgeraldo,11yearoldSmith (missing), badgetaway, richie666 (align)AndyPugugly (deramper)Oakville (Coll. owns 6.3mill LOL)Duxy786 (buylower-shorting)Cpap (bullshyter like TMay)Lu(Di)kead (enough said) - trollMoney tree - trollGd luck, news hopefully days away.Imo, dyor and create own filter list

[ravin146] 15/6/2017 16:36

Nahh I bloody could not the minute I did a couple weeks back I couldn't access this board!He's allegedly also got multi alias/user names that he accidentally posted on another board...I think he's CURRYPASTY or MUDBATH.I was going to update the list but no point as Scotty666 has done me a favour and created a new board.See you over there!

[rameshh] 15/6/2017 16:05

Ravin146,Andy has actually made his first good contribution.On your filtered list you have included CPAP, who I know is not the best to lead this thread due to his many duplicate user names and lack of moderation here as he/she is not a premium user.He/she can't be on your ACTUAL filtered for you to access this board?Look forward to your response.

[bad gateway] 15/6/2017 15:10

Thats a darn good point Andy. From what I could tell he actually said he'd filtered pretty much everyone who dared suggest the stock wouldn't keep its 13p high with the delays that were becoming apparent. Would have preferred it if we'd all put our heads in the sand and joined in with his ramps instead.
Still we all live and learn just takes some longer than others I guess.

[andy] 15/6/2017 14:51

Granny,

If he had CPAP filtered he couldn't access the thread!

[thelung] 15/6/2017 13:49

Andy 15 Jun '17 - 11:33 - 2545 of 2547 0 0

Responding in kind is not the answer, just ignore

[grannyboy] 15/6/2017 12:40

Andy 2537

"There's only one problem with your "filter list!

I wonder if anyone has spotted it yet?"


You'l have to give us a clue..unless its the fact ravin does NOT have any of those he says he has filtered not being..LOL!

[robg88] 15/6/2017 12:19

100p is a long-term price target and could be achieved if workovers go to plan and drilling begins and goes well in 2018- plus a possible further acquisition. I'm in here for the long haul- party hasn't even started.

[scotty666] 15/6/2017 12:15

Watch out, for the king of socks kingdom may fall