Member Info for Ezhik

Yes thanks indeed. Interesting, I was not the only one asking questions of course, but I contacted Andrea with a few questions this week which followed pretty much the content of this rns.
C37 had some issues which is the reason for the extended time. I couldn't understand why they were taking so long to just run in and out with the scraper...now we know. Also, I asked the reason why c37 dropped off from 160/day down to a dribble and the answer is in the rns, sand block. I also asked what were they going to do about making sure the same thing doesn't happen again. This wasn't answered but they did mention gravel packing in an rns some months ago so I will assume that will be the case here.
I asked if the drilling section was ready to bolt on to the A100 and we have our answer. I also asked about logging and what have they discovered from it, what logs are they taking and what are the objectives. We we got part of the answer, i.e. they haven't started it yet.
I got my answer about where will b robotics assemble and commission the 260 as it would have to be done either in Italy or in Azer before acceptance by Zen. Thankfully it is Italy.

So we are still scraping but should be about wrapped up with that today, haven't done any logging and will need to create a drill pad but we are still moving forwards 3 steps, back two steps but overall in a forwards direction. We should see a gradual recovery-- hopefully anyway. Anyon's guess, but 4 weeks till drilling roughly. Cranberry sauce anyone?

This is the one that was rns's some time ago with the upgrades to 120t. I mentioned yesterday that hopefully the drilling half is a matter of lifting into place and bolting together. The determination to keep buying things does now seem to be a costly gamble unless the oil production makes some serious traction towards 3000bbls to justify the outlay. Normally co's would rent short term. It's costly on the face of it but you are not left holding it when there is no further use for it and nobody wants to buy it.
On a positive, this truck rig will be able to handle any new shallow well drills that may have been identified as drill targets, but if and when we venture into different jurisdictions/countries etc aka Indonesia where the typical wells were 1500-1700m then this (120) should be able to handle the job. I at also be man enough for some of the more tricky workovers assuming that one day we might have another go at them, z21/28/3 etc. It is however a gamble that it will ever get a chance to pay for itself so to speak.
Not happy, same as everyone else.

AJ, I also thought it is a nice colour but disappointed that there were no rig parts attached. Hopefully those bits are being made elswhere and it will just be a matter of bolting it together. Pity that we are not doing workovers any longer.
The lateness also came to mind-
Nice looking truck though_ I want one.

He rocks in the tree tops all day long
Hoppin' and a-boppin' and singing his song
All the little birdies on Jaybird Street
Love to hear andrea go tweet tweet tweet

Its about time we had an encouraging tweet telling us that logging is complete and new targets have been identified for perforation--or at least logging is complete and the company is confident in the results such that the 180 lease agreement has been finalised and is due on site within the next 7 days--

Yep, always the same name, it was about 2013 or so I think. Your conspiracy theories were something to behold.

Anyhow, this time I will not make the same mistake as before, it will be a trade if there is a trade to be had and take the cash out immediately if there is a profit.

Best rgds

Addam. I see that you have gained an extra 'D' and re-invented yourself. It has been a while since the heady days of weekly incremental increases up to 12p.

I have managed to play with this over the last couple of days in between a hectic worklife and managed to turn £1800 into £2400. I missed the tops and bottoms and sold one trade at a loss as it looked like tanking--and it did. Sold up now and ready for whatever Monday brings. 2400 into 3000 next week would be acceptable.

Aha. I now know what A.J means.... "Arthur Job". Your secret is out !!

They have to get this one right and they have to get it finished--nobody can possibly disagree with you on that one mate.--They do have to get it started first though.

Sarge. Yes to confirm records, also there may be an opportunity to perforate a different section--maybe yes, maybe not.
They could, if appropriate do logging whilst drilling (LWD) its expensive piece of kit mind.

But tbh, we don't really know what logs they are taking so as usual its anyone guess. As I said the other day, we get half a story and then make up the other half.

S7, it has been a bit blue on other platforms for half an hour-ish. I topped up a few, funny thing though, I had to buy in 2 lots--costing me an extra trading fee and a slightly higher price, not impressed. Bought them in a separate account and will probably let them go at 4p ish--Next week :)

We must be into well logging by now one would hope. If they scrape any more there will be no casing left.!

.22p--

Ignore him AJ. Just think about the vision in purple. He obviously sold at a loss.

I attempted to get some cheap ones but missed the chance..bl@dy working.

As I said yesterday. Oh dear. Might buy a few at this price. We must get back to 4p in the next few weeks. Bought some oex yesterday and sold this am, didnt make the day high but a profit nonetheless, might put it in here.

Oh dear.

Thanks all--and for the light hearted humour. I almost manage a smile--well a smirk at least.

OK..No point spending out on the rig yet chaps, no point having it on site yet either. Prep work is not complete, A80 still working at small cash cost. Don't panic. 180 not required yet if you think about it innit. Logging, more logging and then analysis of logging to be done before they just go beserk and drill off piste without a drill plan.

We are knocking on the door----someone will open it if we knock hard enough---if you know what I mean.
I mentioned a couple of weeks ago--happy new year for c37, I still stand by that. --but we should get interim news of course just to keep us all guessing--I am sure that they release partial information and then read this bb for a laugh just to see what permutations we can all come up with and then announce something different just to prove that our previous assumptions were all nonsense.
Anyway, it whiles away the years. Why didn't I get that rs250 from up in Scotland last year?

Can anyone tell me what he was saying--I cant listen at work at the moment.....thanks. I see AC has his boots on too

260 looks/sounds like Feb at least before it is ready for use which equates to mid 2019 at least before it completes a drill. I have said a few times that either B Robots will have to assemble and commission it or it will have to be done in Azer. It now seems more likely that this will be done in Azer.
C37 is unlikely to provide any result until early next year. In the meantime we are fooked so far as any sp excitement is concerned.
It does also sound as though workovers have been binned which now brings us to an entirely different beast.

Personally, this does not suit my agenda in any way whatsoever. Topping up any more is not really on the cards, selling is not a wise move either. Tempus fugit and by the time we get oil out it will be $45 and I may no longer be of this world.

L.S. That was A.J excercising his wit the old chap. Long suffering is where many of us are at, at the moment therefore he was saying that your ' moniker' is well placed for investing in Zen. Irony n' all that.

K.B. I would agree with that also. The strategy is for them to 'work concurrently'. This may of course not mean that they will start at the same time, but at some point they will both be operational at the same time. Maybe by Feb if the 260 is going straight for zen01, earlier if it is going to a workover first such as Z21.
Pity these wells are so bl@@dy deep tbh.
Good weekend all...I am working at home attempting to install a new bathroom...deep joy and happiness. Blue Monday coming.

Transfer of assets;- will no doubt not be an overnight exercise. Drawn out possibly, rushed through hopefully. I paid 12p for these once upon a time--wow. A return to that figure would be horny. --maybe I should buy a handful.

It doesn't appear to be any particularly bad news otherwise there would have been a bit of a sell off. Don't panic Mr Mainwaring. May be a small drop though--any excuse to weasel a few points off and they will. Looks like we have just about eroded the excitement of our new reservoir engineer, new strategy and promise of riches and back to the long weight, wait.