Zephyr Energy Share Discussion Threads

[cashandcard] 09/7/2024 07:09

Zephyr Energy plc (AIM: ZPHR) (OTCQB: ZPHRF), the Rocky Mountain oil and gas company focused on responsible resource development and carbon-neutral operations, is pleased to announce the commencement of the well production test on the State 36-2R LNW-CC well (the "well") at the Company's flagship project in the Paradox Basin, Utah (the "Paradox project").   The well is currently flowing both natural gas and condensate, and the Company is encouraged by initial results. Over the next two weeks, the well will be flowed and production tested to more rigorously determine the reservoir pressure, fluid composition, well flow rate and bulk reservoir permeability, and to deliver an early estimate of the overall potential recoverable resources. Zephyr intends to announce initial results and analysis as soon as possible at the end of this two-week period, assuming no unexpected delays to the production test programme. Colin Harrington, Zephyr's Chief Executive, said: "Zephyr's operations team has worked extremely hard to deliver this well, and I am delighted that we are already flowing both natural gas and condensate.  While the preparation for flow testing was extended due to the impact of the heavy weight drilling fluids in the wellbore, coupled with the need for careful operating procedures in a high-pressure environment, I believe the efforts have resulted in a well that has now fully cleaned up and appears to be in a very good state for flow testing."We look forward to observing the hydrocarbon volumes produced, the gas/oil ratios and the reservoir pressures during this test, after which we will announce our findings.  We've appreciated the support of our shareholders during the run-up to this exciting event for the Company."

[thinking] 09/7/2024 07:08

Excellent update well done Zephyr already flowing both natural gas and condensate!

[molatovkid] 09/7/2024 07:06

Let's Rock! Don't max the pressure out and destroy stuff, steady as she goes and get producing.

[2dinvestor] 09/7/2024 07:02

Morning all,I'll start ?"The well is currently flowing both natural gas and condensate, and the Company is encouraged by initial results."

[hoper1] 08/7/2024 11:04

It's cheaper to Tweet (or X) than issue an RNS!

[jackthecat1] 08/7/2024 10:45

Very experienced outfit


hxxps://mesaproduction.com/

[argylerich] 08/7/2024 10:11

Not everyone is on twitter or BBs, so for them no RNS is negative

[thinking] 08/7/2024 09:53

I don’t think it is negative it’s probably traders needing to get out prior to buying back in closer to the production test outcome. investors like me will just stay patient.

[2 solaris] 08/7/2024 08:43

How can that be seen as negative, it beggars belief.

[john henry] 08/7/2024 08:33

Investors seeing as negative news WTF

[2 solaris] 08/7/2024 08:08

For those who need a ink to X

[saucepan] 08/7/2024 07:27

Tweets at approx 07.20hrs

[thinking] 08/7/2024 07:26

The second paragraph says… At present, Mesa Production’s flowback and production testing equipment has been mobilised and is being rigged up to the wellhead, and Zephyr looks forward to announcing the commencement of production testing imminently. All on X

[saucepan] 08/7/2024 07:25

That is great news.

[hey50] 08/7/2024 07:20

From XAt the State 36-2R, extended well cleanup operations (in which the heavy mud used for well control was carefully circulated out of the wellbore) have now been completed safely and successfully.

[2 solaris] 05/7/2024 09:43

If the wait is keeping anyone awake at night it may be best to sell up whatever you cannot afford to lose. I am 100% certain we are on a winner so sleep like a baby, after all we have been told we have a substantial discovery here. They are taking things one step at a time taking care to get the well clean and ready to produce, yes this clean up is for a production test. All this dither, dither, dither is nonsensical, only invest what you can easily afford to lose. I too have a lot here but it is as, I have a huge amount to gain.

[paddyfool] 04/7/2024 16:19

Hopefully sometime next week we will all know.?

[jackthecat1] 04/7/2024 09:35

100% folks, same goes for me & i was hear same time last year!.

[lauders] 04/7/2024 08:41

Indeed Zodiac266. It has been a long wait. We don't want it to end with disappointment. Fingers and all else crossed!

[zodiac266] 04/7/2024 08:31

I don't know about you guys but my anxiety levels are rising waiting for the news! I have a lot at stake here, not as much as others but enough to keep me awake.....Roll on the good news - please!

[molatovkid] 01/7/2024 19:29

Not as much as me mate!!!

[cashandcard] 28/6/2024 14:48

Big week or two ahead. I'm hoping they can successfully flowtest and Colin has some good/transformational news for us.They've done everything right this time, I'm hoping they can get it over the line.Cash

[2 solaris] 28/6/2024 10:09

Thanks obmuj, good start to the end of the week. I wouldn't want to be out over the weekend.

[obmuj] 28/6/2024 10:01

Auctus Research note - 27 June - target 12p
+ unrisked helium NAV 3p