Malcy9 Jul 2024 12:44
"This is a very solid announcement from Zephyr but just to put things straight, the company, who are amongst the most open about keeping shareholders in touch, had said that they would tell shareholders when the production test was starting and that is simply what this is about.
For me it is actually pretty good news in its own right even though it is only the start of testing. For starters the fact that they are seeing both gas and condensate straight away is encouraging as typically one would expect to see gas first and then oil/condensate later as the flow back progresses.
And shareholders should not panic, in my view this announcement was never meant to be anything technical today, it really is only the start of the process and CEO Colin Harrington and the whole team are feeling in a good spot right now. Nevertheless the next two weeks should be exciting and shareholders have every right to dream the dream, watch this space…"