Member Info for Ezhik

I managed to get some at 18p on the nose at about 10.30 this morning, time will tell.

Bb67 . You have no idea what you are talking about, best stay quiet.

The Twitter picture looks like they are building casing stands and racking them in the twin derrick. It is difficult to be sure that it is casing and not drill pipe in this case as the casing diameter is not much more then SDP. If they are racking casing stands then once they start the casing run it will take about half the time as running singles. i.e. just 1 shift if it all goes well.

Well chaps. Things have moved on quicker than I had realised and stand corrected about the progress. Never saw the twitter things as I have had limited access to the internet since Wednesday and not been focussed on Hex other than to check the SP once on Thursday and not at all on Friday. There is still plenty to do though IHNC , there's no need to belittle other posters if they are not completely aware of current events, it would be more courteous to respond by saying 'hey Ezhik, wake up man, it looks like you missed this tweet on X matey'. Never mind though, it is one of the failings of this type of forum.

Last rns said that mobilisation had started - not that the rig was on site. Hopefully it has now arrived but it will need to be set up and operationally checked over, probably do some P.M's and BOP test before it is ready for action. The casing has to be delivered, offloaded and checked for size and length and cleaned up ready to be screwed together. The Mud pump has to arrive, get tested and the cuttings/mud separation pit has to be set up, the cement should be on site with the cement pump ready to go all before they think about going back in the hole. These activities will hopefully be ongoing at the moment. Once they are ready to go it is another 7-10 days to get the casing in place and cemented in. i.e. about 2 weeks to wait from now providing the rig has actually arrived, for stage 1. Stage 2 will be to decide whether to drill ahead or not and then if so-carry out the deepening. Stage 3 will be to wireline and look for the production zones. Stage 4 will be to stimulate those zones by whatever means they decide to use and then run a well test on those zones starting from the bottom up. There will be several trips in and out of the hole between operations to circulate bottoms up, wiper trip etc, it all takes time. this well is about a mile deep, there is at about half a mile of casing to push down the hole with each 10m approx section being screwed in to the previous one before being pushed and rotated into the hole. It will be conducted with a cautious approach and not horsed in there just to get it done quickly so ffs don't start on about delays and problems before they even get going. Come back in November as I said in September.

No mate, I didnt sell up here and try elsewhere, for me it's not worth the risk for the short waiting time but was just making the point as to why some folk don't wish to 'wait' a few weeks. Never owned gbp, was just an e.g.

@broomtree. The company are just about where they have said they will be, almost to the day which is quite remarkable in the drilling world. It is misguided PI's that are unable to read or understand what they have read that seem to think when someone says rig mobilisation, they actually mean that drilling will start just because good 'ol Bo likes to under promise. Well quite frankly those pi's are a fekkin danger to society and to the SP because folk then start screaming 'delay' when there isnt one. The news wasn't anything that wasnt expected so therefore is going to make no difference to the SP. The slight drop is more likely to do with there being little to no news expected before the casing run which is a couple of weeks away. There was a decent trade in gbp yesterday so those not wanting their cash sitting doing nothing sell up take their cash elsewhere and come back in another week or so. Normal behaviour so nothing to fret about.

Cat: All they have to do is force a long shaft into a hole-nowt to worry about 😯

2 more weeks to wait for casing completion and wiper trip then. As I said in September--come back in November.

@dunders. Just read your post of 5th. You are referring to me ref IOG, still here on the £500m expansion project. I had a previous life of drilling in the North Sea for Stena and BP Magnus if you recall.

TYB, as you say, the results for Arb1 in 'maybe' December or thereabouts will provide some direction on how it may develop and theoretically it's not long to wait for that. As I said throw enough Sh&t and some is likely to stick. I would like to see you all get a decent ££ back after all of these years. Zen will probably need to raise some funds soon though, even the fax machine needs some juice.

Well, shiver me timbers, we have turned Blue. Rig must have arrived then.

TYB I worked that out for myself :) $63.97m - call it $64m. In my diary for Feb 1..

IVS. I would agree with that statement. There is no guarantee of them getting any reward but on the basis of if they throw enough Sh*t, some of it is likely to stick so it's worth a small wager. Fairly decent odds of getting at least something. Hope they get at least 10% of what they are claiming overall.

I could have loved you, girl, like a planet

I could have chained your heart to a star

But it really doesn't matter at all

No it really doesn't matter at all

Life's a gas

I could have built a house on the ocean

I could have placed our love in the sky

But it really doesn't matter at all

No it really doesn't matter at all

Life's a gas

I could have turned you into a priestess

I could have burned your fate in the sand

But it really doesn't matter at all

No it really doesn't matter at all

Life's a gas

But it really doesn't matter at all

No it really doesn't matter at all

Life's a gas

I hope it's going to last

But it really doesn't matter at all

No it really doesn't matter at all

Life's a gas

Marc Bolan

@donni etc etc. What 'drill' is everyone bleating about?

Currently in reversal and rising - a bit.

If they are proposing to continue drilling the lateral they ought to be getting on with that pronto before the place freezes over. Its not nice drilling in sub zero.

By the sounds of things, the solution to the elephant in the room will be resolved very soon and the 'shareholder value' revealed. Interesting times upcoming.

And on a happy note, my £10750 top up purchase at 21p earlier appears to have been fairly well timed- err hopefully. Trade still not showing on this platform though.

Are we at a £1 yet, it would make the maths easy. 100k shares at £1, is erm, ooh erm, oh yeah £100k.

@Norfolk . I never said the company was going to dilute anyone, only that they will need a ton of money--and you obviously agree with that because you are talking about debt and loans.