Member Info for FullyEnergized

Here´s the link:

https://twitter.com/zenithenergyltd/status/1149211115127267328

Hi meadow,
I wrote to
Ingo.cattaneo@zenithenergy.ca

So next RNS´to be expected are:
- Half yearly report in August
- Licence (hopefully) granted

I contacted ZEN twice and got quite fast replies and came from Ingo Cattaneo.
To sell right now might not be the most clever action imho.
The rig is there and erected. preparation works running, top drive there and installed soon I guess. Spud to happen within next days. Why selling now?

You´re fully right, W007, nevertheless really boring stock. People lose patience because nothing´s happening.

Promotion of this stock is quite weak. Fundamentals MUCH stronger than other currently hyped oil stocks but nobody recognises....

Hi maestro, the latest twitter info said that the preparations are underway for the installation of the top drive.

So that means for me the installation has not begun yet. I am pretty sure that they won´t be ready to give some first results by Monday..... They even won´t be ready for drill start by Monday.

There will always be sellers - and it has to be that way.
The closing price of today does not really get interest from me. For me its more interesting where the SP is heading to in 2 weeks, 4 weeks.

If 88E cannot finalize the FO deal until end of June they do definitely know already.
So in this case they could bring an RNS with extension timeline for negotiations.

Which means if they do not announce this, deal might indeed happen until end of next week!?

Ah. I don´t know - too much speculation on this.

Hi BeverleyB,
Share price is not 0.88 and it never was today until now as I can see in real time.

As closer we come to month end w/o FO news as more selling we will see imho.

Which broker?

I guess latest on June 17 at AGM they should present status and going forward timeline.

Which figures are due now?
I guess the Half Yearly Report is the next one which comes in August.

http://www.cadoganpetroleum.com/~/media/Files/C/Cadogan-Petroleum/investor/reports/2019/COGC-2019-cadogan-presentation.pdf?

free float 39,5%....

Hi meadow,
yesterday morning I´ve sent another email asking exactly that question.

ZEN replied just 2 hrs later that "Transportation is not expected to take long."

Whatever they define as "not long".

And "our intention is to start drilling asap".

My takeaway on these 2 reply`s is: ZEN does not seem to be the fastest making progress company but they obviously are really confident and excited reg C-37. They loaded their pockets with shares so I did also over the last 4 weeks.

Lets be patient another handful of weeks and the chance of success and therefor raising SP seems not that bad....
Have a nice weekend all!

Hi Zeb, no, its not Azer yet.
Got a reply from ZEN yesterday stating that it is currently in transit to Azer.

He further wrote:
"we are all extremely excited and confident about the potential of our near-term drilling activities.
A positive result could decisively transform the Company’s trajectory."

In terms of possible acquisitions there should come something soon imho.

From their website:

Strategy Overview

Cadogan’s strategy is to leverage the strength of its existing balance sheet to make selective asset acquisitions that will support its long term financial position and create upside opportunity to drive shareholder value, while diversifying the portfolio and overall risk profile.

The focus of the Company’s asset acquisition strategy is to create a geographically diversified portfolio of assets, with the following objectives:
Enhance operational performance to support the Company’s long term financial position
Create exposure to additional upside potential.
Balance the Group’s risk profile through greater diversity, both via opportunities and geographic diversification.
Value creation will be pursued by investing in regions well known to the management team (Africa, Eastern Europe, Middle East and Central Asia) and by taking advantage of distressed assets and assets disposed of as part of another company’s portfolio optimization.
In pursuit of its strategy, the Company will lever its existing strengths, which include:
a strong balance sheet;
a lean organization;
a proven record of being a low cost, efficient operator with strong HSE credentials;
a Board and management with proven industry and finance experience.

Cad does not even have a "classic" corporate presentation. I really think they need to do more promotion for their good job and - what is even more important imho - a clear pathway where they want to go further.

This is what investors want: Strong fundamentals but also a forecast which is building some fantasy and more potential.

CAD needs more attention from the market.
They might need to improve "marketing" themselfs maybe.

Nevertheless I am totally relaxed here. The fundamentals were strong, since today even stronger. Sooner or later the SP will reflect that ;-)