Zenith Energy Share Discussion Threads

[lufc5] 13/1/2017 10:20

Whey hey hey undervalued. hold onto whatever you can over the med term. you'll win.

[cpap man] 13/1/2017 10:18

Work-over operations planned for 39 wells producing at nominal rates

Work-over and reactivation of 5 shut-in wells in the Zardab field

Improved results are expected from cleaning and dewaxing of tubing and production casing, plus regular field maintenance

Selective plug-back operations will reduce water-cut in some wells

Stimulation operations including acid squeezes and hydraulic fracturing will be
performed with state-of-the-art equipment

Selection and implementation of improved production techniques is expected to substantially reduce costs and improve productivity

[lufc5] 13/1/2017 10:17

falia..... wrong thread.

[cpap man] 13/1/2017 10:17

Total oil produced to date in excess of 22,500,000 Bbls

- Maximum flow rate: Reached approx. 15,000 BOPD

- Current flow rate approx. 295 BOPD

27° API

Minimal gas production - all gas is used on- site

Reservoir depth: 3,000-4,500m

Several under-explored areas with potential undrilled prospects

Existing fields not fully developed

[cpap man] 13/1/2017 10:15

 There are 3 fields comprising 642 km2 (approximately 0.75% Azerbaijan’s surface area), this is believed to be the largest onshore oilfield in Azerbaijan (discovered in 1971)

 Concession wells currently produce 295 BOPD. Historical peak production reached approximately 15,000 BOPD*

 Wells capable of being reactivated/optimised

 Long term production licence with 25 year agreement with potential 5 year extension

 Cost recovery 100% on OPEX, then CAPEX are recovered from half of remaining production.

[falia] 13/1/2017 10:14

PAA RISING, CANT BUY

[cpap man] 13/1/2017 10:12

New key independent entrant in oil space

Assets valued at approx. £360m NPV at 10% discount for existing 1P and 2P reserves*

Post acquisition positive cash-flow

Current all-in cash costs of production of approx. USD $18 per BOE*

Benefit from continuing devaluation of local currency

Development financed from cash-flow and traditional debt structures
Azerbaijan Investment Opportunity

Established transportation infrastructure to international markets

Experienced management team with operational expertise

Local skilled personnel with in-depth knowledge of assets

Technology solutions for enhanced recovery

Commenced reduction of expenditures and improving efficiency

[cpap man] 13/1/2017 10:10

From the ZEN presentation....

Key asset: Azerbaijan approx. 295 BOPD Azeri current production

[scotty666] 13/1/2017 09:59

Blimey that got shifting this morning, shoudl do really well this year and great timing for investors with oil so low, production underway and clear path to increase to 700 - 1000 bopd range. Relax drink tea ZEN.

[cpap man] 13/1/2017 09:58

Ok what ever rbento and good BUY!!!!

[barnetpeter] 13/1/2017 09:57

Profit taking now I guess. I am up 25% myself so hardly a suprise to see those at lower prices selling now.

[rbento] 13/1/2017 09:57

You keep saying that but I do not see where? Which post? Just beware all.

[cpap man] 13/1/2017 09:55

Er as already stated rbento this has already been covered and is of no concern.



Already done that rbento as recently posted and it does not scare me one jot. What does scare me really scares me in fact is the seriously massive upside potential at ZEN!!!!

Reckon that it is a conservative very conservative number that share price target of 42p+

[cpap man] 13/1/2017 09:51

Thanks a lot and will try and post some of those slides as c&p's laters.

[rbento] 13/1/2017 09:48

As at 30 sept 2016 ZEN has to pay $7.4m for debt and trade parables BY sept 2017. Its in the accounts! Fact. Note 19b says they will need to raise more money!And soon!

[thehitman1] 13/1/2017 09:38

Yes excellent call cpap.

[miahkaysor] 13/1/2017 09:37

buys showing as sells!

[cpap man] 13/1/2017 09:35

Anyway thanks signora and well done on ANGS, KOD, GUN & ZEN

[cpap man] 13/1/2017 09:33

and a few who are not!

[sigora] 13/1/2017 09:32

good call cpap man well done see some very informed posters on here

[tidy 2] 13/1/2017 09:28

Soz had been drinking and were my first impressions after watching the video posted here guys. Fly birdie fly flyyy Atb guys.

[cpap man] 13/1/2017 09:25

LOL QS99....do not confuse the de-rampers/shorters with actual facts!

[qs99] 13/1/2017 09:24

then how did they raise money and get onto main list then?

[cpap man] 13/1/2017 09:24

LOL the well known ADVFN de-ramper and shorter turns up here....surprise surprise!!!!