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EXCLUSIVE: Oil analyst Barney Gray discusses the latest from Tower, Coro, Colter, Reabold & United Watch Here

EXCLUSIVE: Oil analyst Barney Gray discusses the latest from Tower, Coro, Colter, Reabold & United
UPDATE: #COPL set timeline for Q2/Q3 Nigeria drilling programme


Zenith Energy Share Chat (ZEN)



Share Price: 3.10Bid: 2.90Ask: 3.30Change: 0.00 (0.00%)No Movement on Zenith Energy
Spread: 0.40Spread as %: 13.79%Open: 3.10High: 3.10Low: 3.10Yesterday’s Close: 3.10


Share Discussion for Zenith Energy


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Zebediah16
Posts: 1,378
Opinion:No Opinion
Price:3.10
malcy
Today 09:16
is useless. Reputation is unwarranted
 
Ezhik
Posts: 3,661
Opinion:No Opinion
Price:3.05
RE : ZEN, POO and the Rigs
Today 07:37
POO on the up RH? I'm surprised that you noticed :) Looks like their may be a bit more to go on the POO which--if the boys (and girl) at Zen get their fingers out this time around should be able to capitalise on it and put some decent cash in the bank by year end.
I am hoping for 100-150bbls a day from each of these 'C' wells as a baseline with potential for more if the cretaceous proves positive. I think both have just entered the upper levels of the cretaceous already and need to be deepened to test a wider interval. We shall see before too much longer. Brand new well to come later in the year.....accompanied with a large portion of chest puffing and a world tour to promote it---I will also invite AC to join me on the tour if he wants to come.

Now, where's that drill pad so that we can start assembling stuff?
Resourcehunter
Posts: 1,293
Opinion:No Opinion
Price:3.10
ZEN, POO and the Rigs
Tue 21:19
Nice to see steady progress on the rig front. Probably have the remaining parts of the rig exported to Azer shortly. Then it’s setup and off we go. Urals currently at +$66 :-))) .... and if current curbs continue plus geo politics we should see a further rise which will increase ZEN coffers ..... nice place to be ..... buying in early as once we start motoring these prices should look very cheap indeed. Anyway, let’s see what transpires :-)))) please DYOR
Appiamma
Posts: 2,292
Opinion:No Opinion
Price:3.10
RE: Re : Zeb
Tue 17:39
All of them AJ?
ajbennett
Posts: 6,690
Opinion:No Opinion
Price:3.10
RE: Re : Zeb
Tue 16:30
Well malcy can buy my shares for a quid each any time he likes.
mls678
Posts: 62
Opinion:No Opinion
Price:3.10
RE: Re : Zeb
Tue 16:24
Malcy said we were worth a quid a year or so ago
ajbennett
Posts: 6,690
Opinion:No Opinion
Price:3.10
RE: As if
Tue 16:13
Try feeling like that for 2 years.
Bear666
Posts: 249
Opinion:No Opinion
Price:3.10
RE: As if
Tue 16:06
Yeah aj I gathered that...
Still the blue I had with Zen has evaporated..
Even slight downturns in the sp hurt.
ajbennett
Posts: 6,690
Opinion:No Opinion
Price:3.10
RE: As if
Tue 15:59
Bear666, I think there may be some sarcasm at play.
Bear666
Posts: 249
Opinion:No Opinion
Price:3.10
As if
Tue 15:48
this board wasn`t already in tatters enough with all the pessimism!
Now it has been totally hijacked with rampers ,derampers,pessimiists…
Let sanity reign for all our sakes!
Ezhik
Posts: 3,661
Opinion:No Opinion
Price:3.10
Re : Zeb
Tue 14:37
20p? 5 years £1.00 mate. You heard it here. It's really not that long to wait.
JSB1989
Posts: 455
Opinion:No Opinion
Price:3.10
RE: Mms short of stock
Tue 13:40
NT, it’s about to blow (like Z-21)
Zebediah16
Posts: 1,378
Opinion:No Opinion
Price:3.10
RE: Mms short of stock
Tue 13:33
yup this could hit 20p on news …

you heard it here
JSB1989
Posts: 455
Opinion:No Opinion
Price:3.10
RE: Mms short of stock
Tue 13:23
I’d like to know how MMs are short of stock too
Zebediah16
Posts: 1,378
Opinion:No Opinion
Price:3.10
RE: Mms short of stock
Tue 13:06
ramping to 4p ?

Such small ambition
JSB1989
Posts: 455
Opinion:No Opinion
Price:3.10
RE: Mms short of stock
Tue 13:04
The rampers have arrived, is this a good sign for us?
Wressmycase
Posts: 4,015
Opinion:No Opinion
Price:3.10
Mms short of stock
Tue 12:30
And canada opens soon. Gold cross on chart. Could see 4p tested
Wressmycase
Posts: 4,015
Opinion:No Opinion
Price:3.10
Mms short
Tue 12:26
Of stock
Ezhik
Posts: 3,661
Opinion:No Opinion
Price:3.10
Re : Profit
Tue 10:59
Z21 blowout happened when there was no work being done. A seal failed causing the blowout. It came a a bit of a surprise to the then drilling manager as the well had previously been pretty much dead. The work required to finish it is quite risky, therefore it has been put on hold for now which is frustrating as we can see the potential but it should be revisited using our own rig and personnel once they have more experience with the new equipment.

And yes, although it is unusual for a small company to own its own rigs, it does give flexibility and reduces potential delays in rented rig availability and will becom cost effective after a period of time. It can also allow zen to carry out work without the wider audience having any knowledge of what they are doing. :)
Wressmycase
Posts: 4,015
Opinion:No Opinion
Price:3.10
200k
Tue 10:51
Was a buy
Profit_profit
Posts: 2,065
Premium Chat Member
Opinion:No Opinion
Price:3.10
Own drilling machines
Tue 09:12
Makes sense.
They have the freedom to move this equipment and drill as many holes they want in the designated area.
Whichever hole produces more bopd will be concentrated on.
The least one will be left.
Good call to buy own equipment.
Profit_profit
Posts: 2,065
Premium Chat Member
Opinion:No Opinion
Price:3.10
Toronto opens today
Tue 09:03
See how they react to the 30% rise in revenues.
And of course drilling is getting ready.
More videos can be viewed on zenith official twitter posts
SEA7
Posts: 3,092
Opinion:No Opinion
Price:3.10
RE: Re : z21
Tue 08:06
yes, I know Ezhik and it appears that it has worked.

It is there ready and waiting. I doubt it will have been forgotten. With the right kit and know how, that well is low hanging fruit.
ajbennett
Posts: 6,690
Opinion:No Opinion
Price:3.05
RE: Nice video of oil pumping out
Tue 08:03
The video is from October 2017 when they said it would take 4 weeks to complete the work over, obviously still not completed.
Profit_profit
Posts: 2,065
Premium Chat Member
Opinion:No Opinion
Price:3.10
Nice video of oil pumping out
Tue 08:00
This is fantastic news.
We could be pumping more bopd than anticipated.
Remember mid tier company is what Zenith Energy is striving for.
GLA - And Zenith Energy




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