Member Info for duffs55

Late trades look interesting

26-Apr-24 17:01:05 242.00 2,500 Unknown* 4.20 4.50 6,050 O

26-Apr-24 17:00:59 6.41 20,000 Unknown* 4.20 4.50 1,282

One Day, One day

From Malcy's blog..

This could supply some decent upside for Zephyr, helium is a growing market in the USA and Zephyr may have plenty here. Subject to a potential farm-out this may become a nice little earner for the company. More later…

More later... wonder what he learnt from his talk with Colin recently

Bit of light reading

From a report dug up by Tim Adams on twitter

EXPORING FOR NEW OIL IN OLD FIELDS,

SALT WASH FIELD:

A CASE STUDY

https://ugspub.nr.utah.gov/publications/open_file_reports/OFR-307.pdf

Malcy talks with Colin

Zephyr shareholders should be aware that we are entering a period of significant news flow for the company, I spoke to Colin yesterday and he is delighted with operational progress and in particular with this rig signing.

The company is described as being of ‘gold standard’ especially working under high pressure conditions and is currently drilling a few miles away. Given that there are a few things still being prepared, such as the casing and some pad work a drill date of, say, mid April is on the cards.

Zephyr’s engineers are ready to encounter all the difficulties that they saw last time, such as high pressure and heavily faulted rocks but are confident that they can handle everything and are looking forward to the challenge that the Paradox presents. With a great deal of upside, this summer should be something special.

Malcy planning to chat with Colin this week

I can’t believe that there is much that the operational team at Zephyr don’t know about the drilling conditions that they expect to encounter at the well and whilst that might be a touch optimistic it helps that after the problems last time to be on guard against potential pitfalls.

I’m planning to have a chat with Colin this week to be able to update myself fully on the upcoming operations.

just a typical trading in the shape of things

buy on rumour sell on news

hold for me .... the **** is crowing and the real dawn will begin

Nice 1m after close trade

Should be an interesting Thursday

Auctus research note is now on Zephyr website

https://www.zephyrplc.com/auctus4mar24/

I'm assuming Malcy still has Zephyr in his bucket list

He's still bigging them up

The starter on the menu for this years repast is rather pleasing, the quality of the management at Zephyr means that they did indeed mend the roof when the sun shone, here providing some basic nourishment from the Williston assets whilst the main course of the Paradox is being prepared.

The non-operated assets are providing much needed cash flow and as above the Slawson wells ‘have the potential to materially increase our 2024 cash flows’ and the same goes for the Harms Federal and Quale Federal wells after initial strong performance.

So now to the main course, Zephyr are making good progress on the restart at the Paradox Basin where momentum is building towards a drill which make the spring and summer an exciting time for shareholders.

Note

Q4 production volumes are based on a combination of state reported production volumes and field estimate production reports supplied by certain operators. Both production data sets are two phase reports (oil and well head gas) as opposed to sales volume reporting which is three phase and consists of oil, processed sales gas and NGL volumes. While Zephyr previously reported three phase sales volumes, going forward the Company will report two phase production volumes on a quarterly basis and three phase sales volumes on an annual basis. This change has been necessitated by the timing of the receipt of sales volume data from certain operators.

Colin interview

https://www.proactiveinvestors.co.uk/companies/news/1042045/zephyr-energy-reports-strong-fourth-quarter-with-production-increase-and-positive-outlook-1042045.html?viewSource=TwitterUK

By the time they actually start this drill, there won't be any time for a second drill before the weather closes in...

It worries me ... the future time scales of actually developing this field, when it's a struggle drilling one well

Losing the faith Colin...you really need to give us something more

Or the fact that the paradox basin has not been priced in at all

Well yes, still had a small top up but no more in zephyr

Have other fish to fry

Another month of zephyr poordom...Feb just might be the start of better things...that is the later part of Feb

Colin promises a lot but delivery has cost us dear

Oh where oh where is the drilling rig contract for redrill of 36-2....

Same rig then to drill second paradox well .... weather permitting

Bit late this .... You may have already seen it, BUT

.... zphr tweeted on the 10th

Zephyr Energy

@ZephyrEnergyPlc

The University of Utah’s Energy & Geosciences Institute (“EGI") remains one of #ZPHR's most valued and trusted partners. While Zephyr’s team continues to plan the redrill of the State 36-2, EGI recently deployed its own team to install a passive seismic array at Zephyr’s...

White Sands Unit in an effort to develop greater knowledge of the region’s #geologic layers. Learnings will be incorporated into a larger basin model with a goal of optimizing future #development.

https://twitter.com/ZephyrEnergyPlc/status/1745013073369329702

Took 2 minutes to find out it wasn't one of ours...

The pipeline was Last Updated:

11/08/2022

That document has probably lost down the back of a radiator.

We can only hope the cleaner stumbles upon it in the new year

All I will say is ....IT'S ABOUT TIME

DECISION RECORD

Rose Petroleum 16-3 Well

DOI-BLM-UT-Y010-2024-0002-CX

E. DECISION:

Based on my review of the CX, it is my decision to approve the Rose Petroleum (Utah) LLC 16-3

Well. Rose Petroleum LLC will drill the horizontal White Sands Unit (WSU) 16-3LSE-CC (16-3)

well from the existing 16-2LN-CC (16-2) well pad to a bottom hole that would penetrate the federal

lease UTU93002. The 16-2 well pad and proposed 16-3 well surface location is located on State

of Utah Trust Lands (SITLA) surface lease ML-53815. There will be no new surface disturbance

associated with this project. I have reviewed the proposed action for the BLM Land Use Plan

conformance and Energy Policy Act of 2005 Section 390 categorical exclusion (CX) requirements.

The proposed action conforms to the October 2008 Moab Field Office Record of Decision and

Approved Resource Management Plan (2008 RMP) and meets the appropriate Section 390 CX

requirements. Therefore, I have concluded that no additional environmental analysis is required or

warranted for this proposed action. The proposed action and CX substantiation are detailed in DOIDOI-BLM-UT-Y010-2024-0002-CX. Rose Petroleum LLC would be required to meet Conditions

of Approval outlined in attachment four of, DOI-BLM-UT-Y010-2024-0002-CX.