Zenith Energy Share Discussion Threads

[grannyboy] 28/2/2018 08:16

Hahaha!!!the only thing of interest in ravin(lunatics)post are for the comedy content....Its posts are so stupid you have to laugh at them...Not too out loud of course..they're not that funny...but the thing is he doesn't realise how unintelligent its posts are!!!LOFL!!

[ravin146] 27/2/2018 19:11

And you are? LolGranny is a moron, never held these just soured bullshyt.Seems like a loner, private individual

[sleveen] 27/2/2018 15:49

That's what they want you to think.

[stevesan] 27/2/2018 15:03

GB doesn't hold anymore, he has admitted it himself several times on LSE

[ravin146] 27/2/2018 14:45

Agree with muddy...Grannyboy wtf are you doing here?!Do you even hold any long stock here? Why hope for it to be lower if you are long?!Never trusted you, just played along and unfiltered you for the laugh!

[grannyboy] 27/2/2018 11:03

Admit it these running the show have been a total disaster..

And they've almost used every known oil technology going..along with more experts than a NASA rocket launching!!

These experts are either, not very expert, or they need to drill fresh wells, and hope they don't run into any problems!!

[muddy_40] 27/2/2018 10:52

gb

Downhole mechanical problems,these wells have been in the ground 30 years so not so easy, you never know what problem will be next, but they have overcome a lot and just in the last stage now, waiting on equipment to do the job, when drilling new wells it will be easier.

[muddy_40] 27/2/2018 10:40

When you see the Z21 video,that well is easily pumping out 1000bbls per day with that flow and pressure, it you have seen a tank filling through a flow-pipe you would easy understand, so my 350bopd is on the safe side and to keep the well integrity, they know the wells plugged up before so will know they need the correct completion, remember it was 30 years ago the Russkies worked it,technology has come on leaps and bounds since then.

As for the target yes they missed it first time round, lot of mistakes, that is the learning curve, a good team on the ground now and will have gleaned lots of info in the last 9 months. Cant have bad luck all the time.

[grannyboy] 27/2/2018 10:30

They had a target of 1000 bopd, a year ago...they have now put that forward to the end of the year!!!

To claim that z21 will flow 350 easily is open to conjecture, they may have to restrain production to conserve the wells integrity..

[muddy_40] 27/2/2018 10:13

Why would Cattaneo get kicked out. He has all the contacts, I see this being a bagger in the next few months from this level, the 1000bbls per day will be done easy by year end, and with the cheap OPEX this will be making decent cash. Ready for appraisals when they get the new drilling rig. We had a bad last year and I am confident these teams will get it turned about, if you are expecting 3p I think you have little hope.
Pumps are working and have increased production by 100bopd maybe more, and another 6 pumps will do same again. Then Z21 where we know the oil wants to flow, that is easy 350 bopd. Next few months will start to transform this company.

[trapissed monk] 27/2/2018 09:37

"Stopped" myself out here @ circa 9.1p (entry) just a gut feeling and wanted to make cash work harder (trading) not even looking to have a bash after recent news....unless it/markets get silly. Seems the road got longer....

[grannyboy] 27/2/2018 09:34

Yes the risk/reward here is around the 3p level...And I would be delighted to see the b.s cattaneo get kicked out..

[muddy_40] 27/2/2018 09:31

gb

Why are you hanging about then? hoping to get in cheaper? I would say most of the hard work is done on Z wells completions,we are just waiting for equipment, frustrating the hold up but I am confident this will come good. I have no worries. We have a good team on the operations and they have learned plenty in the last year

[grannyboy] 27/2/2018 09:24

Yes its all IFS with this company....All jam tomorrow!!

And putting any great belief in these sticking to a timeframe is naive..

[muddy_40] 27/2/2018 08:15

I see these being a bagger in next few months, Z21 comes at approx 350 bopd in Late April/May plus another 100bopd from next 6 pumps by end of May and we are at 800 bopd, then if we get onto Z28 and complete by End of June, could be at the 1000bopd.

AIMO

[grannyboy] 27/2/2018 08:11

I see the risk/reward in these being at around the 3p level, due to their constant failures...And when this company announce production of 'approx' 350 bopd, then ALWAYS err or the low side..like the production numbers being around the 300 bopd(optimistic) figure!!..

[ravin146] 26/2/2018 21:39

Way too big for their boots!Agree with gun, it needs to remove senior management including AC imo.Needs to stick to original plan of low budget.It has yet to even complete a workover.As for three brokers wtf...as for buying a new asset wtf

[barnetpeter] 26/2/2018 21:21

This is what Gun had to say:


Zenith continues to struggle and remains the worst of the portfolio. We haven't entirely given up on the assets being capable of good production and keep an eye on the company. A change of senior management would see us consider reinvesting in the company as would trimming of three brokers plus a financial adviser.


I admit I am a bit doubtful on these now. I am not selling but I am not buying more either. It might be that the company has got too optimistic here and just needs to pull back a bit on company costs etc. Three brokers?

[ravin146] 25/2/2018 20:41

Right moron alert...ssrover is a moron.Acc set up Dec 28...looks like an amateur joe public investor.Carry on and I'll get your IP address up in minutes

[ssrover] 25/2/2018 19:39

Seller still offloading here imo

Massive buzz all around this weekend across the usual forums and twitter on MATD and NUOG. see MATD and NUOG as big risers next week

[ravin146] 25/2/2018 16:08

He has already lost trust here. This needs new management now to build fresh start with inst investors or this will be as good as a AIM stock.Funding, dilution, funding, dilution, some success but then all value pretty much lost for lth, with the trading rats cashing in on any spike

[sleveen] 25/2/2018 08:49

Clear AC is desperate to get this share price higher, I doubt buying more shares will help.

Sticking to timelines will.