Zenith Energy Share Discussion Threads

[andy] 30/7/2017 23:55

tevita,

Are you appointed as WL's spokesperson?

Or did he have two id's and replied from the wrong one?

[cpap man] 29/7/2017 14:29

Did you westmoreland lad go for any UOG in the end?

[grannyboy] 28/7/2017 07:05

What about tweets on the ESP's being installed, instead of something that was RNS'd yesterday!!

[westmoreland lad] 27/7/2017 23:12

oops wrong thread

[sea7] 27/7/2017 22:44

Coiled tubing ops tweet at m66

[ravin146] 27/7/2017 15:57

Nice summary cash.Curry is seems that a few have got bored and picked up other hot Oil stocks atm. Understandably as progress has been slow here. Funny enough most of my filtered posters I don't see their name heading here either. Must be short term traders!Story yet to unfold here imo, but it does need to deliver pukka 195 and 45 bopds!Gla

[cashandcard] 27/7/2017 13:21

Today's news is a positive step, M66 flowing 15bopd and done cheaply. Not huge but this was a zombie well. But they do need to deliver M195 & M45 as soon as possible at good sustainable flowrates.Looking at some small oil companies over the years - they always go on sustained share price run when a major well result or value accretive event takes place. A good example of that in recent years is 88e, sou and Hur. Each one delivered a big result (and followed it up) that marked a step change in their fundamentals - and the market responded.What ZEN needs is a big result on M195, M45 or another well. Showcasing a well with sustainable flowrates above 100bopd (then doing it again and again) will generate renewed interest and hopefully a step change in underlying asset value and ultimately shareprice.I made it clear in my email to AC, the reason the market does not assign much value to the 33mln 2P reserves is because you have not yet showcased a single completed workover flowing at a sustainable rate. He insisted they are working towards this.I am little more confident with the personnel and experts/equip/support they now have on the ground. Clearly, 5-6months of learning on the job has shown them you cannot fluke this, it's troublesome geology and challenging downhole conditions. You need experts and modern equipment. They do seem to be making strides this way. There is a flickering of light at the end of the tunnel.Cash

[andy] 27/7/2017 13:11

curry,

I used to get bored and sell forsome instant action elsewhere, and always lost by it as the latter suffered delays and the former soared ahead!


I gave up after a few dismal failures.

Credit to you for posting your trades live, most people post their 'winning trades' retrospectively, which is always easier, if you catch my drift :-)

[ravin146] 27/7/2017 13:07

Well let's see...already miss timed your exit as it's ticked up with all the buys today.Gla nonetheless

[currypasty] 27/7/2017 11:23

dumped my zen, bored with them, my car drips more than 15bls

[dipla] 27/7/2017 11:02

Perfect timing it just ticked up...Yh this is mms playing, prob gun cashing final lot. Gun is a flop so good to see them go really!

[ravin146] 27/7/2017 10:59

Time for a top up, mms playing games here!

[ravin146] 27/7/2017 10:53

Lol includes directors now or excludes CEO?!Wine and dinning...wow we must be getting good news soon!

[the foxthe fox] 27/7/2017 10:42

Come talk to Zenith Directors whilst enjoying a fine Italian delicatessen buffet!
Unique opportunity for you to hear about Zenith strategy and plans and meet fellow investors

hxxp://cassiopeia-ltd.com/investor-symposia/

[ravin146] 27/7/2017 10:13

Buy order being filled?

[ravin146] 27/7/2017 08:00

Yes key outcome from that also is that w195 is fixed!

[ravin146] 27/7/2017 07:59

Tim who do you work for?

[timw3] 27/7/2017 07:54

todays biggest climber will be PREM after yesterdays stonking RNS.

PREM going to go nuts again today. could be sitting on one of the top 5 lithium assets in the world and still getting bigger. 4p target

[sea7] 27/7/2017 07:45

rns out..

An update on team A/smape was expected at some point, however, I was, like others, expecting m45/m195 updates.

This is a good result for Team A, as their new job is working out as planned. This additional 15bopd gives us a total of 61 bopd a day extra since Mike arrived in May.

They are moving onto the zardab field now, where there are some bigger prizes on offer. A bit of a disappointment waiting for the ESP's, however, as the CTU team have moved on from m195, they must have achieved the desired result otherwise the rns would not have said that they were awaiting delivery of a pump for m195 to be installed.

A good update with more to come, off the back of a c. 20% increase in production overall, in the last few weeks.

[sea7] 27/7/2017 07:45

rns out..

An update on team A/smape was expected at some point, however, I was, like others, expecting m45/m195 updates.

This is a good result for Team A, as their new job is working out as planned. This additional 15bopd gives us a total of 61 bopd a day extra since Mike arrived in May.

They are moving onto the zardab field now, where there are some bigger prizes on offer. A bit of a disappointment waiting for the ESP's, however, as the CTU team have moved on from m195, they must have achieved the desired result otherwise the rns would not have said that they were awaiting deliver of a pump for m195 to be installed.

A good update with more to come, off the back of a c. 20% increase in production overall, in the last few weeks.