The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
@Ezhik - Hopefully 13p and more.
@ajbennett - I share the frustration on slowness, at least it is progressing now.
I just hope now that they drill without any issues and find new structure as expected and hopefully we will see SP in high twenties instead of at 13p, once they are done with both wells.
I think 30m will be around 13p or so, most likely achievable if C-37 will produce 700+bopd on new structure find but I think it will surpass that in such scenario as that will result in increase in reserve as well, and also in anticipation of similar results from C-30.
Just matter of weeks now, hopefully.
getting excited that Brent is hitting $75 and expecting current drill will be transformational for ZEN
https://twitter.com/zenithenergyltd
Hopefully tide is turning for ZEN.
I think once they drill this well then that will prove new rig and also that ZEN is capable of completing work, in my view that should result in confidence boost and if they find new structure then hopefully a major re-rate.
progressing
https://twitter.com/zenithenergyltd/status/1121290636576067586
Could be but they are very slow, last tweet update was on 16th April
https://twitter.com/zenithenergyltd/status/1118055702017335297
They started in end of March, so nearly a month now, ideally should be done now.
AC also retweeted that :-)
https://twitter.com/search?src=typd&q=%23ZEN%20%23ZEE
from their point of view "Rapid progress being made at well C-37"
https://twitter.com/zenithenergyltd/status/1116689862244151297
:-), I also thought that progress is very slow ,I think a govt dept will move faster.
Anyway lets see when they will be in a position to drill.
2 tweets now
https://twitter.com/zenithenergyltd/status/1116675966007332864
https://twitter.com/zenithenergyltd/status/1116670344239226882