They only went 130 feet latterly last time. |
Yes, agree. Might get a tick up this afternoon and into close of play in anticipation of a Thursday RNS stating completion of the lateral and testing beginning. This, in itself, would convey a sign of how successful the [ground]work has gone without a hitch. After all, must be on the last piece of the “jigsaw” now to be slotted in place. Imagine, 100+ feet with a positive result confirmed and now over 5,000 feet. Can’t understand why this hasn’t got to at least 4p - and that’s just for starters. 🤞🙏 |
We know colin loves a Thursday rns and the 30 days drilling is upon us...strong chance of an update tomorrow. |
Getting closer..... |
The stars predict good news this week. Let's hope CH has the commonsense to give a bite sized amount of good news with more later in the week instead of cramming it all into one RNS. Then more next week with actual targets for production. He needs to start driving the share price forwards and upwards now. |
And I am sure our CEO is no stranger to good oral hygiene either. Good luck ;) |
There's a slim possibility of some extra drilling this afternoon. Hopefully no hydraulic fracturing or acidisation.
I'm off to the dentist.😒
Here's to a nice update next week from our dear leader. |
 A reminder: As we approach the final days of the extended 36-2R well - lateral drill:
. Successful result of State 36-2R well second phase production test (And that’s just for the 130 feet. Now another mile approx. I make that 5,150 feet MORE!)
· Peak production rates achieved during the second test were over 2,100 boepd. . Very significant production rate for an onshore U.S. well with only 130 feet of completed reservoir interval. (“Note – 2,100 barrels and only on 130 feet.”) · The acidisation generated very high reservoir deliverability. . Enhanced reservoir productivity. · Highly positive for the development of the play . Potential for substantially reduced reservoir risk . Removal of the need for costly hydraulic stimulation as used in other U.S. onshore resource plays. · Variable liquid-yields were observed over the second test; ALL are higher than State 16-2 LN-CC well . At the peak production rates in the second test (Northern part of acreage), . condensate/light volatile oil represented approximately 510 boepd, and these liquid yields were on an increasing trend at the conclusion of the test. . The elevated liquid yield has the potential to be a significant driver of improved economics and may increase recoverable liquid volumes across the Company's Paradox project acreage. · Continued evidence of almost zero water production, another potential boost to the well's economics by material reducing the need for expensive water disposal.
Conclusion: What’s not to like here and days away from commencement of final testing. |
lets hope so |
I am predicting a tick up from later today/tomorrow in anticipation of drilling completed by next week. 🤞 |
Possibly 1 week away from company changing news, hopefully but what would it really take to give the share price a massive hoof up the ar@e |
Fast forward, if you don't wish to see/hear the whole video, to 55mins exactly; a 30 sec mention of ZPHR....or 53.45mins to get the beginning context of the question. |
It's broken into company sections....Just hover your curser over the last section (Other interesting firms) |
If it's worth hearing, it's worth watching! |
What did he say, the video is nearly an hour long. |
Yes, nice one Lauders. 👍 Not long now. Nearly 30 days up [drilling] then let testing commence. |
well spotted. |
ZPHR mentioned towards the end of this interview:
Reassuring that Gervais Williams of Premier Miton is still a supporter of the company. Let's hope his faith pays off for him, his clients and other shareholders! |
Nice large buy declared on the bell Friday. Should see more buyers coming in next week as the 30 days draws closer….. |
Malcy Bucket list 4 Feb 2025
Only Zephyr could end up drilling the State 36-2 LNW-CC-R well just as the Bucket List goes to bed, even as we eat and sleep the Cane Creek reservoir is revealing its contents for those of us who have watched it over all these years. The management deserve credit for getting thus far and my confidence is in them as much as the Paradox Basin to yield up what we have been waiting for, the long lateral well could and should be paradise… |
"the long game"
Can't disagree with that! 😉 |
arooster well said !! |
Yet again another clueless post, over the last 100 years companies have struggled to extract the Paradox, and you expect everything to happen yesterday!! CH has done an amazing job so far, if anyone else had taken on this project,we would have been diluted several times by now. Unlike you he is playing the long game, if this well is successful, he will be looking for partner with serious capital, and that is when we all make money. If you think he is doing so badly why don't you clear off, personally you bore me to death!!! |