Zenith Energy Share Discussion Threads

[ravin146] 20/7/2017 16:37

Cheers, on that case I'd be surprised to see news tmoz lol.End of month it is

[cashandcard] 20/7/2017 16:33

ravin,

Reply was yesterday.


Cash

[ravin146] 20/7/2017 16:30

Amazing day, with chunky buy volume...are we seeing news tomorrow?Cash look forward to your response on the date of the reply.Ps what granny posting here for @&£&

[grannyboy] 20/7/2017 12:47

We kmow the new W/O rig is on order, from the last fundraising was for that reason, but we don't know when this rig is going to turn up in Azer..so until then it will be business as usual with using the old equipment and using two/three drilling teams to complete a w/o...Unless the new COO can get a grip and get things organised, otherwise it will be another 5/6/7 months before getting another w/o completed..

[ravin146] 20/7/2017 12:26

Cash quick question can you disclose the date of the reply?

[andy] 20/7/2017 12:17

Interesting post on the other thread, plaudits to cashandcard.

-------


cashandcard 20 Jul '17 - 10:59 - 153 of 155 1 1
I've had a reply to my email from AC. Nothing we do not already know, therefore I am not going to post here, plus I do not have his consent. But I'll give you a breakdown;

I asked some questions;

why is it taking so long to showcase atleast one well workover at a sustained rate? He answered they have been beset by multiple (downhole) problems due to the age of the wells and the complexity of the geology at 3000m. But with the help of Smape, Baker Hughes and Schlum, plus the new COO, they are hoping to start building momentum towards targets and pointed at M45. With a new more powerful WO rig they are about to acquire they want to improve ops.

Next question was in relation to acquisitions, I asked how are we to fund an acquisition? He replied that would be made clearer at the time.... (which most would agree would likely be via a placing or debt). Interestingly, he did not deny the question of an acquisition.

I then suggested to him we need a regular monthly/quarterly update so the market can see what our production levels are and what progress is being made, thus look at our valuation more objectively. He replied they are looking at doing a revised production update at some point.

I suggested they should only communicate via RNS service any info or updates and not twitter. He replied that investor relations have evolved and many companies now engage their shareholders on social media and it was a great easy way to promote the companies activities.


All in all, sounds like they are trying to make progress but it has been groundhog day.



Cash


ps.

He also stated this at the end;

"We are in the process of releasing a new website and also plan to hold an investor call where investors will be able to submit questions.

I hope you will be pleased with the Company’s progress going forward"

[andy] 20/7/2017 11:54

cpap,

Exactly?

We'll need pot to dull the pain of Labour excess.

[ravin146] 20/7/2017 11:50

Appreciate post on this thread cash

[cpap man] 20/7/2017 11:23

LOL yes Andy but when Corby gets in the country will once again return to pot!

[ravin146] 20/7/2017 11:20

Thanks. Nothing new. But now with more experience and equipment. It has to deliver to meet the target.Agree with twitter. I have been saying this for months. It is the way forward!

[cashandcard] 20/7/2017 10:59

I've had a reply to my email from AC. Nothing we do not already know, therefore I am not going to post here, plus I do not have his consent. But I'll give you a breakdown;

I asked some questions;

why is it taking so long to showcase atleast one well workover at a sustained rate? He answered they have been beset by multiple (downhole) problems due to the age of the wells and the complexity of the geology at 3000m. But with the help of Smape, Baker Hughes and Schlum, plus the new COO, they are hoping to start building momentum towards targets and pointed at M45. With a new more powerful WO rig they are about to acquire they want to improve ops.

Next question was in relation to acquisitions, I asked how are we to fund an acquisition? He replied that would be made clearer at the time.... (which most would agree would likely be via a placing or debt). Interestingly, he did not deny the question of an acquisition.

I then suggested to him we need a regular monthly/quarterly update so the market can see what our production levels are and what progress is being made, thus look at our valuation more objectively. He replied they are looking at doing a revised production update at some point.

I suggested they should only communicate via RNS service any info or updates and not twitter. He replied that investor relations have evolved and many companies now engage their shareholders on social media and it was a great easy way to promote the companies activities.


All in all, sounds like they are trying to make progress but it has been groundhog day.



Cash


ps.

He also stated this at the end;

"We are in the process of releasing a new website and also plan to hold an investor call where investors will be able to submit questions.

I hope you will be pleased with the Company’s progress going forward"

[andy] 20/7/2017 10:52

cpap,

Yes I saw that, fell back a bit yesterday bit only to be expected after such a rise.

The Canadians are big on Cannabis, unlike here.

[aggieuk] 20/7/2017 10:18

Looks like news soon then! Leaky leaky!!!

[scotty666] 20/7/2017 09:58

Someone snapping the shares up this morning.

[ravin146] 19/7/2017 20:43

*maybe end of monthImo

[ravin146] 19/7/2017 20:38

While this is on the backburner for now until scheduled news is here may end of this month at ESP are installed mid July.All eyes now are on UKOG.Dyor. Gla

[cpap man] 19/7/2017 15:38

TSXV:QBA & NEX:AFRI



A new thread for TSXV:QBA [see header below] NEX:AFRI's Canadian listed partner in crime [only joking!]



LGC Capital - First mover advantage in CUBA plus the GLOBAL medical cannabis sec [QBA]

[ravin146] 19/7/2017 11:30

Looks like twitter updates have dried up...any progress or has new COO closed the communications channel?!

[cpap man] 19/7/2017 07:20

Good moaning Andy ref:TSXV:QBA

DL will have a big smile on his face after last nights QBA trade in Canada for his TSXV:QBA

WOW....14 cents close at the high of the day

Amazing volumes of QBA stock traded

Many things that you say with regards to DL are true but you have to hand it to him as this new and totally legal drugs business could be absolutely MEGA!

[grannyboy] 18/7/2017 08:57

IF the CTU was a success then there should have been an update weeks ago..To try and claim that oil is not being produced from M-195 just because they are waiting for a pump to be installed is a lie...M45 is producing 46 bopd without a pump!!..

And catteneo bought shares in all likelyhood knowing that oil was flowing from m-195?..

[sea7] 18/7/2017 08:37

Andy,

Very good point, not everyone will automatically look at twitter. They should, at least have a section on the website which carries the twitter updates, so that they are reflected at the same time.

[andy] 18/7/2017 08:10

Sea7,

I totally agree with all of that.

I also think any Twitter updates should be placed on a news section of the website before they go on Twitter.

[grannyboy] 18/7/2017 07:41

So sea7 are you saying that there is no oil flowing at M-195 at this time, and they are waiting for the pumps to be installed before any oil can be produced?.

[andy] 17/7/2017 21:25

sea7,

Yes the company should be communicating via RNS rather than Twitter, IMO.