Member Info for NorthernMagic

Some assurance 're meeting the commitment date for the Salt Wash well and good also to know the acid job has been successful and like some have mentioned here previously probably just requires the extra time to get more analysis for the 36-2R production test. All good and a further update in the next couple of weeks.

Atb,

Northern

Recent presentation - overnight one of these wells has the ability to double production.

Atb,

Northern

You too. Might not be Tuesday but am expecting news soon. I assume they wouldn't have to announce via RNS the second test had started - just the results of the second production test.

Atb,

Northern

Relating to recent updates on site. The last one I could see was 're 9th August where they say Halliburton had mobilised to the 36-2R well site and after a brief acid job will follow up with the production test and updates will be provided as developments occur. Based on that last comment I assume the next update will come via an RNS. So given the 9th August comment hopefully there will be news soon.

Atb,

Northern

Total guess but if given the recent treatment it can be increased to between 1750-2000 bopd I think that would be a very good result, same treatment 1500-1750 good result. Like I say total guess and all imho. Please do your own research.

Atb,

Northern

I think in the recent interview with Malcy CH mentioned that they should have test results by the end of August.

Will this mean they might be able to restate reserves or are the not able to extrapolate from the test results of just one well?

Anyway - hopefully results soon.

Atb,

Northern

That's how I see it too with shared costs and a good drilling team(s) working a better understanding of their acreage and good 3D and stacked reservoirs to look at then many pros ok edge for Zephyr to progress.

The best thing in my opinion is they always appear to be looking at different options too - so the above list is only a starter!

Atb,

Northern

Sounds very positive and that they are pursuing the same strategy but trying to speed things up.

Did you register for the Presentation or can it be accessed in some other way. Interested to hear what they have planned.

I'm assuming too at some stage they will post the Presentation on their website.

Atb,

Northern

I would have thought so - cannot remember when this is taking place - late August? If so it might be worth checking the Presentation and/or Media section on Zephy's website.

Does anyone unleashed the Denver Presentation is?

Atb,

Northern

I think some news 're the latest test results by the end of August - I'm pretty sure CH mentioned this in a recent interview.

Atb,

Northern

Agree elland. Very exciting times with lots of different components coming together, to add to production - then repeat.

Will be great when they can start to increase the number of wells and increase production hence value.

First things first - the test results in the next couple of weeks then lots more news to come.

Atb,

Northern

We have had recently and also the good news hopefully to come shortly that the sp has moved inversely to it.

If and I probably should say when we receive the good news soon then surely the sp will jump and probably rerate based on all the further news we aren't even aware of yet.

All imho and please dyor.

Atb,

Northern

Thaks Adon30,

Just wasn't sure if I had missed a posting somewhere else eg. X

Many thanks for your positive technical comments on what they are doing. Much appreciated and very interesting.

Hopefully we will receive an RNS before not too long.

Atb,

Northern

Is there a photo video snip of the current flare you refer to Adnon30 - would be interesting to see if there was.

Atb,

Northern

Range next week. A third of the way through August and CH seemed fairly certain they would have new test results by the end of August - so presumably an RNS before not too long and with it some encouraging news for the market and shareholders - plus maybe other news before not too long on the Salt Wash drill and possibly any further news they have based on discussions with third parties 're accelerating the drilling of the field.

Atb,

Northern

Sp back is the perceived lack of progress. There is a lot of news in the next couple of months that I think will change that. However, what encourages me is I think that Zephyr also realise this and what would you do to turn this around?

Firstly good news on the well test results then the next drill link up other production to sell higher volumes every day but most importantly to move things along in terms of further drilling. That is what I believe they are now looking for 're a farm in partner.

When this all comes together I think we will see both a transformed company and hence a transformed sp.

All imho and please dyor.

Atb,

Northern

Yes, lower than I was hoping for but there is quite a lot in the mix at the moment so hopefully some positive news soon. Time will tell but I'm in this one for a few years yet - so am happy to wait.

Atb,

Northern

Happening in the next few months I will anticipate Zephyr Energy's sp being closer to 10p than 5p. All imho and time will tell.

Atb,

Northern

I was just thinking that when we do get the next set of results from the production test and possibly an indication of recoverable reserves it would also be good if they could confirm that they are still able to produce and sell the condensate in the interim before everything is linked up to the infrastructure for later production. It will just be an indication that they are getting some revenue as soon as possible and so the well will be contributing almost immediately would just add another positive I think and help with current momentum and give an indication of where the company are heading.

Atb,

Northern

Just wondering if anyone on this board can tell me more about Challenger Energy in a brief few sentences?

Do they currently have problems to overcome before they are producing a decent amount of oil and/or gas?

Are they very much a company where it will take a long time before they are producing ia decent amount of oil and gas?

Atb,

Northern