Firering Strategic Minerals: From explorer to producer. Watch the video here.
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Not sure where the rig is at present. According to one site still was at previous drilling site on the first.Mobilisation is supposed to have started according to Zephyr. Is this part of rigging down from the previous drill? Rigging up is supposed to be planned for mid April. Not sure how long that takes. So drilling is unlikely in mid April unless that process is efficiently carried out. So unless activities have taken place not reported then drilling might not commence in mid April.
Bill, where you getting that info? I thought a previous RNS had stated they had already mobilised the rig to the site to commence rig up for mid april spud? Certainly plenty kit on site from sat image too.
Colin Harrington on Twitter today saying they are aiming to spud mid April
Https://www.linkedin.com/posts/zephyr-energy-plc_zphr-paraxox-activity-7181568819465703424-Lqp5?utm_source=share&utm_medium=member_ios
As if by chance - confirmed by the man himself
Brilliant news.
Bill
Having looked at the Twitter post again he says spud “just after” mid April. The new well will be drilled about 20 metres away from the old well and they will be “twinned”.
The timescales have not changed. In fact they may be a tiny bit forward of initial plans.
They have always said rig up in mid April with drilling to start straight after. H&P had to move all the equipment from the previous drill they were doing first.
From rns “ The H&P rig has now been mobilised to the well site and will begin rig-up activity in mid-April, prior to commencing the larger drilling operation.”
Colin has confirmed the exact same thing today
https://x.com/ZephyrEnergyPlc/status/1775805925296587188?s=20
Nice post JohnDough. So good I posted on the other site with credit to you. Very exciting. Amazing techonology when you think how they strated "digging" with a bucket and spade [almost] not so long ago. lol.
Lots of positive sentiment out there so lets hope we see a steady climb in the SP as we approach the 36-12 drill. Good to see Zephyr has made Malcys Bucket List again for 2024 concluding " all in all this should be a big returner from one of the best teams in the business". Malcys share price prediction is £0.20 and investing.com have a 12 months target of £0.13
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https://uk.investing.com/equities/rose-petroleum-consensus-estimates
You have to think that if the drill is successful and with all whats to follow there will be a significant upside in the SP from here. Lets hope those of us that have kept patience are finally rewarded and Colin is able to deliver.
GLA LTH's
Its definitely going to be squeaky bum time.Pray they can tame the pressure.If they can we're multi bagging instantly
Cant buy a bean
And yet the price still rises.
Somebody buying behind the scenes hopefully.
Should be a good week with spudding to take place the latter part of next week.
Very hard to buy and moving up nicely
They have already discovered a huge quantity of oil, faulty equipment replaced, best rig and crew for the job to control the well pressure. The sp will be multiples of the current price if all goes to plan so it's no wonder the it's rising.
People still are though IG. We might see 5p again today
Rig 257 on or near site according to oil gas leadssite.position outside Green river off route 70.
A lot of the bits have been there for a while. Not sure what was left to bring in but they will then rig up before bringing the drilling crews over.
According to the Utah (udogm) data they are already drilling but that’s never accurate.
Be nice to be ahead of timelines
As long as it is completely successfull.To me that is the most important aspect of this particular drill.
Had a good day,now for a good wine.
Enjoy your evening.
Let's hope so.Been a long time coming
Nice to see this s/p is warming up somewhat again.... but this doggy/puppy can be volatile.. so nice if it doesn't retrace like it did recently from around such level.. and instead motors on well into the 5 p's this week.. and why not (please) !