Member Info for blissful

Https://www.malcysblog.com/2024/06/oil-price-dec-zephyr-deltic-hunting-beacon-and-finally/

Precision drilling with the production liner soon to be in place ready for production testing. Next stop Cane Creek and the natural fracture with CH keeping us all in the picture as drilling proceeds, "We will keep our stakeholders updated as drilling operations progress."

Maybe you should sell up and try a savings account instead kipperfoot as it seems you are extremely averse to any risk and risk and oil drilling go hand in hand. But the risks can be outweighed many times by a single success. In this case it would appear the chance of success is extremely high so much less of a risk.

1000 bbls oil a day at $80 = $2,400,000 a month, or $28,800,000 a year. Not a bad little earner for the side show.

All is going to plan at Paradox - patience is a virtue.

Don't die on us please!

Https://x.com/ZephyrEnergyPlc

Those who jumped off can get back in if they hurry, this is precision drilling at its best.

From I.C.

Share price forecast

The 3 analysts offering 12 month price targets for Zephyr Energy PLC have a median target of 12.00, with a high estimate of 14.60 and a low estimate of 11.00. The median estimate represents a 118.18% increase from the last price of 5.50.

Exactly! Production liner is another clue. I am expecting an RNS followed by an interview with some initial flow rates. Added to that we may get news of the Saltwash drill which could spud in the very near future.

'Colin Harrington, Zephyr's CEO commented: "We are excited about the potential of the Salt Wash project and are appraising several funding options to maximise value for our Shareholders.

"While helium is a new addition to our resource exposure, many nearby Paradox Basin oil and gas operators are already producing co-mingled helium in commercial quantities, and there is an active local offtake market for produced helium. While Zephyr is not looking for helium to become our primary focus, we do believe that the Salt Wash project has significant and currently unrecognised potential value for our Shareholders and can further utilise our team's significant experience in the Paradox Basin. We look forward to keeping the market updated on our progress."

'Colin Harrington, Zephyr's CEO commented: "We are excited about the potential of the Salt Wash project and are appraising several funding options to maximise value for our Shareholders.

"While helium is a new addition to our resource exposure, many nearby Paradox Basin oil and gas operators are already producing co-mingled helium in commercial quantities, and there is an active local offtake market for produced helium. While Zephyr is not looking for helium to become our primary focus, we do believe that the Salt Wash project has significant and currently unrecognised potential value for our Shareholders and can further utilise our team's significant experience in the Paradox Basin. We look forward to keeping the market updated on our progress."

Prepare to watch the sp take off into orbit as none of the helium has been factored in the the current price.

CH posted this only yesterday so I am expecting things to hot up dramatically from Tuesday onwards.

'

Zephyr Energy

@ZephyrEnergyPlc

·May 23

'We look forward to providing more updates over the coming days.'

Well spotted Nas-k, thanks for the link and it should calm any nerves. Production testing on the way! That means they have something to test so very good news indeed.

NM. Yes, they will almost certainly give an indication with words such as, 'we have managed to move the bar again and delivered what would appear to be a very productive well on our acreage, with hydrocarbons flowing under control to the surface into the tanks. The production tests have already begun as the crew were in situ waiting'. Big smile interview the following day.

Https://www.malcysblog.com/2024/05/oil-price-zephyr-union-jack-touchstone-serica-and-finally/

All about to kick off big time and I have to congratulate CH for involving shareholders and keeping us up to date.

We don't want an offer yet, the sp has a lot further to go before that stage, let's not forget CH was talking about 200 wells being drilled. News on Saltwash could come any time, and we need production to kick in, a new CPR. But what has CH earmarked for his next move, that's most important?

Farm in news on the horizon, new CPR to better show the value we have bought into.

We are still awaiting news on the Saltwash drill earmarked for June!

Salt Wash drill in June for known helium prospect that has additional o&g remaining from previous vertical drill .

Some helium should put the cat among the pigeons.

'

Tim Adams

@tima441

·

May 5

Worth noting news due from #ZPHR

@ZephyrEnergyPlc

drilling Salt Wash well in June for proven #helium in Paradox basin.

https://malcysblog.com/2024/03/flash-blog-zephyr-pharos/

Once people get wind of the helium that will add to sp I imagine as it is one of the most expensive commodities.

Or $5,256000 a year.

That is just the gas for one well.

Natural gas is sold by the Mcf, which is 1,000 cubic feet of gas (the gas industry uses the old Roman designation for 1,000). So, one million standard cubic feet is 1,000 Mcf, which sells for about $1.80 per Mcf at the wellhead currently, amounting to $1,800 per one million cubic feet.

X 8 = $14,400

It's not about politics, it's about getting in early with own money and making big bucks before the crowd pile in even though the risk is greater - but so are the rewards. They will have access to information we, the general public do not, thereby reducing the risk.

Colin Harrington, Zephyr’s CEO commented:

“After months of meticulous planning we are delighted to have commenced full drilling operations with the prime objectives of delivering a safe and timely drilling operation followed by a successful well test.

“We look forward to providing regular updates as drilling progresses.”

Malcy:

Just what the Zephyr shareholders wanted today with news that the Paradox well has been spudded and the company are back to where they left off last year. A lot of water has passed under the bridge since then but the class of this management has meant that they developed the non-operated portfolio without which many wouldn’t have survived and had good enough insurance to pay for this well.

So high hopes then for the voyage to TD of 10, 362 feet including a short look at the horizontal reservoir section, this should take around 30 days with flow testing after that. The market will be watching with considerable interest, any success that opens up the Paradox will indeed be a company maker…

Https://www.malcysblog.com/2024/04/oil-price-zephyr-afentra-petro-matad-i3-sintana-eco-atlantic-coro-and-finally/