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Best to ask the CEO, he knows 1000 X more than anyone here, and check out the presentations and videos where all that sort of thing is covered.
Irony is lost on you Hoarder.
I hardly think another 100 Wells is pedantic,thats all I was meaning.
No need to swear at me Island Girl. The point was meant to imply that any reference to 200 wells could potentially be increased to 300 wells in the event that subsequently the basin is proved to extend across the entire site.
Ffs There's always one...or two ...or three etc
Just to be pedantic the 200 well target specifically excludes the recently acquired 12,260 acres as highlighted in the Half-Year report.
a little cane creek test, which will pave the way for a potential 200 well development of 37,000 acres. + All the non ops wells and ongoing ops wells. Just a few irons in the fire then for ZPHR!!.
Very unlikely to be a placement. However even if there was it would only be to push the company to even higher levels.
I can not remember exact prices but production deals were done when at around $30pb (someone will remember exact figure and it is also in the presentations). Oil is now at $80+pb and also have a carbon neutral outlook with the premium that also attracts. Payback for the acquisitions will be a lot shorter and able to start building the cash for future developments and further acquisitions.
Also have $16m of tax liabilities to claim so all profit until that point also.
Plus the little cane creek drill that is being tested.....
sharetime. Unlikely any placing, the CEO owns 11% of the CO, he's said no dilution. More likely either a JV / corporate funding to develop the entire 37,000 acres at Paradox. Please read all the 35 odd RNS's since December 2020 and watch all the videos on pro active / flagstaff / Zephyrs web site / Malcys blog / Zak mirs vox markets. Its all there. Nothing to hide, the best share on the AIM this year and going forward even better. Train has hardly left the station yet.... And yes, a full buy out is very much possible in the coming 3-24 months.
How about waiting if/till its 12p.
A30
Thanks for replying pal
There are several available. They all use the sentinel satellites. Soar or sentinelplayground are ok.
Resolution is poor though. Not like google maps. Only has a 10m resolution but can tell if there is a rig on site or not.... or a big ton of equipment!!
A30
What app are you using to view the site?
papaduke
Hope you are well.
As usual , great post my friend
no worries, it was courtesy of a poster on ADVFN. CH has done facetime calls from the site in the past. May get something similar once completion is done and testing begins. Cant see any flow results for another week or so. But who knows.
Either way, its a hell of a lot of kit / equipment and a serious operation. All good. Very good.
I said there was a lot of kit on site. When you can see it from space it must be!
The new ‘blobs’ I saw from the other day were the workers truck and cranes manoeuvring around the pad. Can now be seen on the pics.
It certainly looks like they mean business and kit that’s meant to be there for the long term.
GLA
Excellent !
A very impressive line up of equipment .
All the knowledgeable supporters always said CH wont let us down on this critical first step .
It looks as if they were absolutely correct !
News must be very close now . Friday or Monday ?
Thanks for posting that info papaduke .
GLA
Maybe news by this time next week. It sounds like it's a case of so far, so good!
Atb,
Northern
https://twitter.com/ZephyrEnergyPlc?ref_src=twsrc%5Egoogle%7Ctwcamp%5Eserp%7Ctwgr%5Eauthor