Member Info for indi123

Quite a lot of news stacked up for delivery this month

Thanks for looking.

Thanks Adon30. If you don't mind checking please, how's the pad at Well 36-2 looking? Any signs of flaring on either site?

In relation to pipelines, are we not jumping the gun a little bit? We don't even know how many boe's these wells are capable of producing. It would be pretty pointless to pay for a whole infrastructure, if there's nothing to pump through it.

Posting the link in case some people weren't familiar with this website (I wasn't):

https://oilgas.ogm.utah.gov/oilgasweb/live-data-search/lds-well/well-lu.xhtml

I selected 'Operator' from the 'Choose Search Criteria' dropdown.
Then 'Close' the API Well Number row.
Typed in Rose Petroleum into the blank box on the Operator row.
Then clicked Search.

Some useful information on there.

Makes a nice change :-)

Adon30, thanks for your explanation.

Forgive my ignorance Adon30, how would they have the flaring 'under control'?

Agree with you.

The way Malcy's blog was written, suggested he had been in touch with the company ("Whilst there is obviously no flow rate attached to this release, the rest of the RNS speaks for itself and I know that the team are delighted,...."). Just would've been nice to get an indication of the level of 'delighted' Colin is feeling.

Seems to have gone on vacation after whetting our appetite last week.

Guidance from the 21/07/2022 AGM Statement would suggest a quarterly update on the non-op assets by mid-February.

"Going forward, and given the timing of the provision of production and sales data to Zephyr from the well operators, the Company intends to provide quarterly updates on its non-operated portfolio performance with updates published within 45 days of the relevant quarter end."

Thanks for the link obmuj. I've read the article. If my understanding is correct, 36-2 would be classed as a conventional well, if the horizontal isn't drilled and there is no hydraulic stimulation required to produce from it.

The question below relates to this sentence from the broker note:
"This of course remains key to Zephyr closing in on its ultimate goal of unlocking the next reat unconventional onshore resource play in the US."

I can't be bothered to Google this.

If the 36-2 well Is completed without hydraulic stimulation being required, will it then be classified as a conventional well?

Interesting

Adon30, thanks for the insight and explanation - much appreciated.

Adon30, how much time, do you think, would be required to get some indicative flow rates and hydrocarbon mix from the 36-2 well?

Thanks Gusto1

Looks like a rollover - sold for 15.99p and bought back a second later for 16.00p.

Two buys each of 3,950,000 shares, or 1.4% of the company on a rollover:

Date Time Trade Prc Volume Buy/Sell Bid Ask Value
13-Jan-23 11:22:01 16.00 3,950,000 Unknown* 15.50 16.00 632.00k O
13-Jan-23 11:22:00 15.99 3,950,000 Unknown* 15.50 16.00 631.61k O

Interesting deals, either way.