GreenRoc Accelerates their World Class Project to Production as Early as 2028. Watch the full video here.
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Are we likely to get updates as the drill progresses?
30 days to take your positions!!
On their website they allude to pay by results contracts so they must be confident in their abilities
They have a very good reputation oil worker.If they cant tame the Paradox beast no one can
Good to see things happening on timeline advertised... Really professional looking rig up.
Its taken a long time to get here.Sure hope it's worth the wait.GLA
Now out.
As an update. It looks like the proposed WSU Tank Battery is progressing through regulatory requirements. Hopefully be ready for when the drill is completed.
Translated: I've been caught with my pants down. Please don't buy....pleassseeeeee
Less than 4M shares traded out of 1.8B plus, and the individual trades are not impressive either.Little bits of profit being extracted. If you want to make money here you'll need to put some decent dosh in. If I were not heavily invested here already I would know that this is make ones mind up time. You have the cojones or you don't Most don't !!
Have the drill crew just checked in to Green River?
Noticed another US helium company/ play has just ipo’d. Similar percentage of helium but larger quantity. Can’t wait for zephyr to move on their own project.
Probably a classic Zephyr Wednesday RNS coming...
Hoping that this move is a reflection of positive progress and/or news incoming, would be nice to see the volumes steadily increasing
Adon have you any thoughts on flow rates for a successful drill. Thanks ant
My chart idea for #ZPHR continues to grow. https://x.com/SwazersC/status/1782754403478319370 https://www.tradingview.com/x/NXw0DIDp/
I would suggest 1,000-1,500boepd initial production before decline to steady state.
If they can prove this, it's a big win for the project.
Cash
Thanks I thought it might be a little higher at around 2500 But even if it it comes in at 1500 barrels a day it will be circa $50 million a year additional income 100% owned. Speculatively in excess of $100 million from the existing portfolio and Paradox and extremely profitable!
Ask Adon. He's the one here who knows what it's about !!
1500 boepd my feeling
I will provide a marker to be lambasted - 2,000 BOE/day - on the bigger side of things.
Would anyone on the board care to hazard a guess as to potential daily flow rates from this drill Assuming as we all expect and the company believe it will be successful.
Hi Adon,
My guess is they will hedge a majority of the non-operated cashflows. The company is reliant on this inflow to plan and drive Paradox (and any other) activity so having more certainty on this element by removing the speculative pricing element allows them to plan with more certainty their future options for Paradox and any new acquisitive goals. We will find out soon.
Market waking up to the forthcoming drill !! Should be 5p+ soon imho.
Drill pad is looking good. Fingers crossed for a start this week and get this show moving again.
Oil price holding well and previous hedging would have helped Zephyr December 23 through to March 24 with maintaining a good price. Now back above the previous Q1 hedging price though. I wonder if they will hedge any more of their non op production?