Member Info for Ezhik

SN, my apologies, no idea how I missed that speed reading on the tube (I'll blame that ) Trucking company will be busy then. Maybe part of the reason why the storage arrangements have taken a while..not enough trucks in Georgia.

Doesnt mention 'increase production' it says start production. Neither does it say full production or give any figures.

Thanks KB. I wondered why they hadn't mentioned it in a tweet or an rns prior to the date.

Nahh, that would be the sort of thing a hillbilly might do.

My Post from yesterday morning 11.00am ish "Does anyone actually know whether 16az is still producing anything and are they selling it? Or is it just an assumption that the production figure of 700 is ongoing"

Which was kindly answered by a poster (PinkPanther10) on here that seems to recall from a PH interview that it has been shut in.--which if it is the case, is better than well collapse, blockage and highly reduced flow rate which has been an ongoing problem in the region-Azerbaijan in particular.

Watching and Waiting

Did anyone turn up I wonder. I didn't make it, finished my work early and didn't fancy hanging around all day.

No restrictions on monetisation
Low cost $19 per barrel, set to reduce on increased volume.
2p reserves better than most others 2c figures
Total flexibility with rig availability
Workover and new well costs significantly lower than just about every other oiler
Hugely powerful land rig to cope with all onshore eventualities ( yeah, it's a bit clunky and moving it will be a mission)
Smaller rig (s) owned for shallower work overs and well preparation work..all totally flexible.
Guaranteed production from this well intervention ( amount unknown)
Experienced Geologist onboard
Reservoir engineer onboard
Pitiful mcap
3000bbls a day target for 18 months
Massive potential at Zardab, untapped and not factored into current reserves.
Acknowledged total balls-up of previous strategy..unofficially
CEO remains positive after underwhelming performance
Still working at a sedate speed
Bl**dy frustrating
Money to be made in July. Can't complain about that. Even my pal AJ may just break even.
Back to the medication, ttfn

Does anyone actually know whether 16az is still producing anything and are they selling it? Or is it just an assumption that the production figure of 700 is ongoing.

I still believe that there is a bit of a churn to go through from earlier fund raising and by those who bought at 2.5 a few weeks ago. A few decent volume days will hopefully flush them all through. This time next week Rodney.. mcap still incredibly low when compared to others.

2019 presentation shows the potential that is Zen, they just need to get on with it and bring some regular cash in asap to start building on momentum on these workovers ..well, I guess momentum is a bit strong for Zen, but the concept is a good one. Will be stupendous of today ends blue.
P.S I doubt that I will bother with the presentation at the Mayfair.

Just to keep you posted :). I said a couple of days ago that the tweet would come before Thurs and yesterday said the tide was turning. Been busy delivering a risk management training session with some chaps from one of our tier 1 construction companies all day. Still travelling home after a G n T after a busy day. Not trading Zen, sorry to disappoint. pS. Top drive guides are attached to the top drive trolley and still need fitting to the mast. Hopefully a few days only to install and test run. As S7 mentioned, possibly drilling Monday. Expect nothing, rejoice for something. 3 blue days in a row would be a nice start.

KB Don't worry mate. I am standing in the river at the moment catching fish and the waves are going in the other direction now and the water is rising up me wellies.

Good afternoon S7. Good to know, thanks. There is--I feel-- a slight change in the tide here.

500-1000bbls coming out of azer over the next few weeks and months will see this at 40million, it will get very noisy at some point. Hearing protection will be recommended if not compulsory!.

At least we have a little bit of Blue. Some of the other 'popular rampety ramp shares' are all in the red a little bit again today. This will be a phoenix over the coming weeks--:)

Huge buy and no impact.

KB. I might go. I will be in London on Thurs. We should have a top drive tweet by then at least.

Don't worry about it, I jumped in a bit quickly and didn't notice your next post. I was just getting defensive in anticipation of the herd and the folk that the herd attracts, knocking stocks that don't need knocking any more than they already are!. I was also up early and in work by 5.00am this morning after a 25mile drive. I have made plenty of facetious and flippant comments in the past.

4.5 million.

Well done Kels. A glutton for punishment innit. Well, I have no more money left, so this represents a bit of a high risk in that respect so indeed, lets have a wee bit of success please Andrea.
dnd, a month is not long enough, make it 2 months but worth waiting for if 10p is reached.