Member Info for blissful

Great news. I suppose we still have a seller plugging away keeping spikes at bay! It will be gone eventually and then on to the drill.

At £8.8m the mkt cap is just over half the price of the farm-out. On that basis it should almost double from here quite quickly.

Except this time they haven't stuck to the stated time. The RNS on the 18th August said

'We expect DFIT operations and monitoring to progress over the course of the next week, after which a final decision regarding selection of method for well completion will be made.'

That was 13 days ago so they are running late. How long does it take to make a decision?

Ist July Carnarvon said, 'We expect to take possession of the rig upon completion of its current drilling operations, planned to occur at the end of October this year.'

That was June so quite a while ago.

If you believe it buy, it not don't regardless of it going down first, it may not.

37,000 acres is 57.81 square miles. If you walk a bit over 7.5 miles then turn 90 degrees and walk another 7.5 miles, then another 90 degree turn and another 7.5 miles, another turn and another 7.5 miles to end up at the start, you will have covered the area Zephyr have leasehold.

A few recent sellers may be kicking themselves as the interview was very clear. It may need listening to two or three times.

If you remember they have said it will take up to 200 wells.

We need someone to interpret this RNS

ADVFN marked as blue after late trade.

Wouldn't want to be out over the weekend!

'As a reminder to shareholders, the drilling of this well is transformational to Advance Energy, representing a potential material value catalyst for the Company. In the case of the 2C resource being established as reserves, there is potential to deliver a gross production rate of around 40,000 barrels per day (20,000 barrels per day net to Advance Energy) by the end of 2023, which in this current pricing environment would deliver exceptionally strong cash flow and compelling rates of return.'

From the RNS dated June 30th 2021

papaduke. I am in both as well! Two great shares to hold onto.

https://www.fool.co.uk/investing/2021/08/11/id-forget-helium-one-global-stock-and-focus-on-zephyr-energy-up-almost-15-today/

It's risen to #4 highest risers today!

This keeps on going up! (is that better Tom). Not heresay, the RNS is beginning to sink into those who were not just out for a quick buck but may have been dithering.
Absolute gem!

Absolute gem of a share!

Less posters! Less speculation here as the company keep giving news, interviews, updates and generally keeping everyone informed as to exactly what is going on. Not a lot for armchairs experts to add except superlatives and looking forward to the next update which is only days away.

Wrong thread! Watching this rise like a bird as well as TRP.