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Let the scramble for the shares now commence. And everyone will def want to be in for C-30.
LTHs should now be rewarded :-)
Everyone should be smiling ......;-)))
Ok - 270 current bopd
Now add the 285
Plus a measured uplift of 10% at C-30 gives us ..... wait for it.....
270+285+314= 869 bopd
869x$60x365 = -$19M .....;-)))))))))))) .... and that’s just year end. Then Zardab and ZEN1 :-) DYOR
Oh my goodness!!!!!
Fantastic!!! .... those that sold out for a pennies .....
Wonderful ZEN .... thankyou for that update!
Pretty disappointing!
This is what happens when you use ambiguous words in an update. We need concrete figures to restore confidence in what was a genuine success.
What is the confirmed flow rate?
Were any intervention methods utilised? Effect?
Expected C-30 civil works completion date?
Additional rigs on the field?
A properly worded update to show what has been achieved and the potential to unlock at C-30. :-|
So we still await the final results of the C-37 drill. The sp seems to not attribute anything to this drill which is disappointing but understandable!
What was the stabilised flow rate? Were any interventions to further stimulate the flow successful?
Even 50bopd @ $60 ($1.1M) is a nice income and will, I hope, be reflected positively on the sp. yes I know time taken and drill rig ownership yada yada yada —- but we are where we are and need to snatch success with whatever straws are there...... hope to see an update sooner.
Bwtfdik :-| please DYOR
I would like to know the confirmed flow rate for C-37 ASAP. Then they can begin the process of moving the rig to C-30 which in itself may take a few weeks .... hopefully for completion of civil works.
Also where are the other Rigs? What happened to the A100?? .... we need to get going on more than one front.
Then just confirm the stabilised flow rate whatever that may be.
Hopefully then we have an indication of revenue from this well and potential for C-30. Who knows.
I’m hoping for the best here with what we are thrown.
What I’m continually surprised about is ppl who claim to be investors but have no faith. That’s just weird. Once I lose faith I’m gone and not looking back.
Finish off C-30 then head straight over to Z-21 and get it going .... the way that well blew out we could be over 1,000bopd with just these 3!!!
Actually the way it flowed just turn on the tap and connect to the storage tank!!!!
Either way get into gear .... get the other rigs onto the field ASAP and let’s up the ante, speed is of essence to restore some confidence.
Well I’m happy with the fact that it might.
Come on guys chin -up. At least we know C-37 flows right :-)
Let’s get the confirmed stabilised flow rates which at least will be money in the bank. We know C-30 civil works progressing so we will commence work there shortly which, even if we hit another near 100bopd we will be nearer circa 500bopd by year end, maybe more. Not to be sniffed at as that is decent income. DYOR
Let’s see what this week brings .....
Damn fine piece of research there bots!!
The force is obviously strong with you!!
I really hope you’re right as we def need something, anything, just something :-) enjoy the rest of the weekend.
I do remember the whole ‘under promise and over deliver’ concept.
Still waiting .....
this well was supposed to unlock the value for the long term shareholders. Maybe a knee jerk reaction to the update which is truly disappointing. The result was positive and the flow will ultimately bring in the extra cash that can be utilised to further enhance the field.
Let’s see what comes of this well before we move onto C-30. We definitely need a further update sooner to settle this.
Absolutely agreed — We now need a 2-pronged approach.
By all means have a go at C-30, but get the A100 and stick it in the field at Zardab and rekindle the interest there once again. Go on a joint production deal with a local and give Z-21 a smack!
No problem my friend, here’s hoping ZEN can pull something out of the bag to unlock the potential for us long term shareholders :-)
C-30 not too far away so I expect to see sp action soon enough.
Hopefully confirmed flow rates will give us some indication of C-30 capabilities. Hope to see an updated broker note follow ......
LOL - hopefully some twinkle of update may yet push C-37 further along ..... and I guess we wait for more fun along the road at C-30.
And then around we go again as we finish up at C-37 and move on to C-30 .....
Agreed- the information gathered at this well will go a long way when drilling further wells. The team proved that with the new rig they can complete a well deepening to increased production. Let’s get the final figures required and then move on swiftly to C-30 to hopefully a larger payzone.