Gordon Stein, CFO of CleanTech Lithium, explains why CTL acquired the 23 Laguna Verde licenses. Watch the video here.
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Resourcehunter . Lets hope so , if they have near enough maintained the increase from C37 then its good money coming in . If C30 is a quick drill we may get the xmass present we want even if delayed a tad .
Hopefully C-30 kicking off imminently .....
Hoping to see something over the next few days ..... POO doing great so every additional barrel is welcome profit... DYOR
Zen is ticking up with no trades nowadays :)
I personally think the market is awaiting this illusive letter .
Sarge...theve been slow in giving the letter of agreement , which was imminent in October !!!
Resourcehunter . Your probably right . If they are announcing the concrete is dry and hopefully they are fully rigged up . I do not think that Socar will be slow in giving the go ahead
I also don’t think C-30 commencement of deepening operations is too far off .... ;-) ....
You don’t setup ready to go to wait around for weeks ....:
Everyone wants this to get on ASAP .....
Look at CLON ORCP...so jealous
:-$ ....
If we are pumping out 500-odd bopd which equates to $11.5M gross per annum strange Mcap sat at 9M ....
Anyhow - let’s get C-30 in the road...!!!!
If we parse this RNS again (possibly a futile exercise) it reads like the BD260 rig is in place and ready to drill
"Zenith is currently in discussions with its REDPSA partner, SOCAR, to obtain final approvals to commence drilling operations. "
So they need a bigger more powerful work over rig . Anyway look on the bright side - ZEN should be somewhat isolated from any election results come Friday morning . Any UK oilers (with operations in the UK) will tank with Labour getting in
they used the A80 rig for prep work at C37 -
Using the Company's A-80 workover rig for these activities has saved Zenith approximately US$200,000 in rig rental costs. This is an important saving and validates Zenith's strategy of operating its key operational equipment. We have made good progress and overcome all the challenges so far in the C-37 operation, I look forward to concluding wellbore cleanout activities, which have been intensive as we have reached a depth just short of 4,000 metres, and beginning the drilling phase of the operation."
the A100 rig ?
it would account for the apparent slowness in C30 setup
Must be the Bridge over the River Kwaii . More ludicrous every post . A tweet of the rig from 3 months ago and now all this .
I am not going to play back and forth with an idiot
OilNo . I don't need to cry . I make ****loads of money doing what I do . I worked in Baku on massive projects I may have even been stood next to C37 when I visited the site . So what do you really do apart from proving how little you know on here.
OilNo . Maybe your getting your xmass trees mixed up . You have certainly neve been near a rig or a well
The drilling rig mast was fully disassembled on November 6th. The sub structure was after that.
On November 7th it was being loaded onto trucks.
OilNo . Just to be clear on my last post "if it is then the tree is on C37 and hooked up to the production line"
OilNo . You are a class act should think about your own tv show . So you actually think they have left a well with the tree laying about somewhere and the rig has moved elsewhere . Unbelievable . We hope the rig is set up at C30 , if it is then the tree is on and hooked up to the production line and sending oil back for processing . Simple . If the BD260 is still on C37 and trying to put a plug down the hole then it is producing nothing .
OilNo . Did you notice the tweet is from the 14th October ?
good rise today..pleased
OilNo . You must be having a larf . Why would ZEN be putting oil into some big magical moveable tank when they have a" perfectly good" pipeline to send it down all the way back to the processing plant .
Zeb . Yes 250-300 bpd after the plug is installed . What ZEN is expecting , they said it , I repeated it , also said they don't say how much if anything they are currently producing from C37 . Don't know why it is so difficult to give a figure .
It's like as if the mms read my message and boom a tick up..
Yesterday just over 20k shares were sold and the price ticked down....look at the f buys going through and not a sniff is a tick up....everything about this stock just stinks.