Register
Login:
Share:
Email Facebook Twitter

Tower CEO gives give operational update on Njonji development well Watch Here

Exclusive: InfraStrata CEO confirms 6 parties interested in offtake agreements
Tower CEO gives give operational update on Njonji development well


Zenith Energy Share Chat (ZEN)



Share Price: 3.30Bid: 3.10Ask: 3.50Change: 0.00 (0.00%)No Movement on Zenith Energy
Spread: 0.40Spread as %: 12.90%Open: 3.25High: 3.30Low: 3.00Yesterday’s Close: 3.30


Share Discussion for Zenith Energy


Thread View

Please login or register to post a message on Share Chat.

Posts per page:

Rickylfc5
Posts: 527
Opinion:No Opinion
Price:3.30
I wonder
Sat 08:35
How does AC expect the 50 days until the end of the year to be so important as we are still waiting for the rigs?. I wonder if they are really drilling at C37 with the smaller rig currently on site??
 
SEA7
Posts: 2,893
Opinion:No Opinion
Price:3.30
RE: RE: re blue
Fri 15:46
Yes- this is being touted as a well that they know more about and it should therefore have less unknowns.

They need a "win" under their belts to restore confidence, otherwise the staff will give up as well, due to lack
of faith in the BOD to deliver a credible strategy.
Ezhik
Posts: 3,464
Opinion:No Opinion
Price:3.30
RE: re blue
Fri 15:12
Aha. I now know what A.J means.... "Arthur Job". Your secret is out !!

They have to get this one right and they have to get it finished--nobody can possibly disagree with you on that one mate.--They do have to get it started first though.
ajbennett
Posts: 6,408
Opinion:No Opinion
Price:3.30
RE: re blue
Fri 14:22
And then Zen do half a job.
Ezhik
Posts: 3,464
Opinion:No Opinion
Price:3.30
re blue
Fri 14:15
Sarge. Yes to confirm records, also there may be an opportunity to perforate a different section--maybe yes, maybe not.
They could, if appropriate do logging whilst drilling (LWD) its expensive piece of kit mind.

But tbh, we don't really know what logs they are taking so as usual its anyone guess. As I said the other day, we get half a story and then make up the other half.
sarge123
Posts: 2,920
Opinion:No Opinion
Price:3.30
re blue
Fri 13:34
Ezhik . If this well was drilled in 2008 then surely they would have done logging then and retained the info don't you think . If there is any logging would it be just to reaffirm old data and is it just a fill in job until the 108 arrives . Why don't they just do all the logging after they have drilled deeper . Or would there just be too much oil flowing to get anything down the hole!!!!
Ezhik
Posts: 3,464
Opinion:No Opinion
Price:3.30
Re : blue
Fri 11:50
S7, it has been a bit blue on other platforms for half an hour-ish. I topped up a few, funny thing though, I had to buy in 2 lots--costing me an extra trading fee and a slightly higher price, not impressed. Bought them in a separate account and will probably let them go at 4p ish--Next week :)

We must be into well logging by now one would hope. If they scrape any more there will be no casing left.!
SEA7
Posts: 2,893
Opinion:No Opinion
Price:3.30
blue
Fri 11:39
do my eyes deceive me - a bit of blue on the price!!
mojobojo
Posts: 509
Opinion:No Opinion
Price:3.10
RE: AC+AJ
Fri 09:03
aj.. I was just joking m8.One thing for sure.I think all holders must sitting on losses too various degrees now :(
ajbennett
Posts: 6,408
Opinion:No Opinion
Price:3.10
RE: AC+AJ
Fri 08:59
I have over 600k and I haven't sold, I bought a few more yesterday.
SEA7
Posts: 2,893
Opinion:No Opinion
Price:3.10
RE: AC+AJ
Fri 08:51
could be AJ - he had indicated holding over 500k shares recently, so it could be him dumping his stock.
Zebediah16
Posts: 1,226
Opinion:No Opinion
Price:3.10
RE: 1m trade
Fri 08:38
thanks Sea

I also don't think it was a buy - more like shares being shuffled around between accounts
mojobojo
Posts: 509
Opinion:No Opinion
Price:3.10
AC+AJ
Fri 08:33
Selling?
SEA7
Posts: 2,893
Opinion:No Opinion
Price:3.25
RE: re quarterlies
Thu 19:38
They had CAD$3.9M move from non current, to current liabilities as at 30th September, which explains some of the increase in the net liability position.
MudPump
Posts: 50
Opinion:No Opinion
Price:3.25
RE: re quarterlies
Thu 18:49
.....maybe explains the 180 non-appearance - not in a position to rent it (probably haven't yet paid for the last time). AC maybe hoped with the stock price higher he could raise enough, but down here it's too expensive. I think we'll be waiting for the 260 and the 120, see what we can do with those before we run out of cash......
SEA7
Posts: 2,893
Opinion:No Opinion
Price:3.25
RE: 1m trade
Thu 18:48
ordinary cross trade - meaning it likely took place off the exchange at the agreed price and was probably transacted through the same broker for buyer and seller accounts. Cross trades can undermine the trust in the market, as other players could not interact with the seller and obtain the better price, although their wasn't much buying going on, anyhow.

Probably shifted the stock from one client account to another, eliminated the spread and then reported the trade to the market, hence the lower price for a buy.

IMO of course.
MudPump
Posts: 50
Opinion:No Opinion
Price:3.25
RE: re quarterlies
Thu 18:15
Over CAD 7 mil. net owed to "suppliers"..............
MudPump
Posts: 50
Opinion:No Opinion
Price:3.25
RE: re quarterlies
Thu 18:11
6 month figures, CAD:

483K in "professional fees" (not including legal or audit or listing costs) ?
585k in "other" ?
488k in travel ?
Zebediah16
Posts: 1,226
Opinion:No Opinion
Price:3.25
RE: 1m trade
Thu 18:00
does anyone know why the price would be less that the two buys that preceded it? Just curious
SEA7
Posts: 2,893
Opinion:No Opinion
Price:3.25
1m trade
Thu 16:22
I would assume that the 1m share trade that went through might have been andrea buying.
sarge123
Posts: 2,920
Opinion:No Opinion
Price:3.25
re quarterlies
Thu 15:36
Mudpump . There isn't a lot of suppliers and AC has already said it will be a local supplier . They must have a good idea but they are not confirming anything yet . I would give it a week or so . He has already said the scraping will be finished any day now .Nothing sinister happening and he certainly isn't waiting for the BD260 to do this . That hasn't left Italy yet .
MudPump
Posts: 50
Opinion:No Opinion
Price:3.25
RE: re re quarterlies
Thu 15:28
I don't know the Azeri land rig market, but I find it hard to believe that there is a whole lot of suppliers competing for business. Something doesn't smell right, and the market senses it hence the weakness. Maybe AC is stalling on the 180 because he thinks the 260 might arrive soon. For a decent oil company the market would accept the situation, but in the case of ZEN, with it's historic performance, there is reasonable doubt about the ability of the company to even get the right rig on-site, never mind deliver any positive results......
sarge123
Posts: 2,920
Opinion:No Opinion
Price:3.35
RE: re re quarterlies
Thu 14:22
Mudpump . Remember in the interview that they were going to be busy from now till the end of the year , especially to meet operational objectives . Not only trying to get increased production from C37 but at the same time drilling down deeper I think may cover another requirement of the agreement with Socar . But I would have to double check that .
sarge123
Posts: 2,920
Opinion:No Opinion
Price:3.35
re re quarterlies
Thu 14:19
Mudpump . I would probably agree but it could be the case at the moment that depending on how many suppliers are in the frame then there will possibly be a few estimated delivery dates . He has said that the tendering process is still ongoing and until they complete it and pick a supplier then they could give out an estimated delivery date .
Ezhik
Posts: 3,464
Opinion:No Opinion
Price:3.35
Re Just Bought
Thu 13:00
Ignore him AJ. Just think about the vision in purple. He obviously sold at a loss.

I attempted to get some cheap ones but missed the chance..bl@dy working.




Share Price, Share Chat, Stock Market news at lse.co.uk
FREE Member Services
- Setup a personalised Watchlist and Virtual Portfolio.
- Gain access to LIVE real-time Regulatory News (RNS).
- View more Trades, Directors' Deals, and Broker Ratings.
Share Price, Share Chat, Stock Market news at lse.co.uk






Datafeed and UK data supplied by NBTrader and Digital Look. While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk.
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.