Member Info for NorthernMagic

I listened to the Webinar recording last night and there were a few things I took from it. As a company they have an awful lot going on in terms of i nfrastrucure, drilling logistics(rig, selection of time they drill) they have also learned the way they want to drill to have a better drilling result. not

It seems to that there is a link between what they are able to do(drill and infrastructure) and being able to do it based on funds available, so the question of when they get paid for the Slawson production becomes relevant.

What doesn't seem to have changed is the enthusiasm and drive of management to succeed and good to see them strengthening the team to achieve their objectives.

Atb,

Northern

Dropping back to where it started this morning. To me that RNS was great news this morning - more money to spend 're non or operated assets in the Paradox and I always think back to over a year ago where I seem to remember Zephyr former a relationship with another company who were prioritising possible assets Zephyr could invest in.

Atb,

Northern

More of the same please Zephyr.

Atb,

Northern

Agree Elland,

For a company that have put a lot of emphasis on making progress 2023 I think will have been very frustrating for them - they've invested a lot in the company too. Hopefully the webinar will be posted on the company website at some point.

Hopefully of progress is made in 2024!

Atb,

Northern

To be negative here but I cannot think that CH will be able to tell us anything new on 1st November apart from hopefully some hope for the rest of this year and a better 2024. Will have to wait and see I suppose but I cannot see any new big news this year.

Atb,

Northern

To the new published deserve figures based on the recently completed seismic.

Things starting to drop into place. Cumulative good news should all help the sp.

Atb,

Northern

I'm just hoping there will be some reassurance that we get production soon in Q4 from the Paradox and also that they can start to exploit the resources they got so excited about when they first drilled in the Paradox.

Atb,

Northern

It looks like the jury out re timing. I'm happy to wait and see. At least the time scales are now between say 2 month 7 days and 8 months. Either way if we get first gas flowing anywhere on that time line I'd be happy and it will at least be a sign that the company then operating as a proper producer.

Atb,

Northern

Thanks for your comments Rojo,

Like you say still quite a lot to sort but will be interested to see what figures they give 're the new assessment based on the 3D Seismic - I believe the reassessment is due this year.

Atb,

Northern

Really think there will be has being produced by As a by the end of the year?

I was interested to see in the Scirrocco divestment that they are expecting has around December time. My own opinion based on past delays - usually on the Tanzanian side - was first gas in Q2 next yesr.

Will be interesting to know what other people think. My thought is on first gas the sp will move up higher and I am thinking of investing some.more in Aminex but.am.not sure when - most likely November this yesr.

Atb,

Northern

Of the Paraguay drill having got underway. I thought they said it should have started drilling at the end of the first week of October. I don't think I've missed any news? Come on Molecular let's get the drilling started and some interest back in the share.

Atb,

Northern

His usual enthusiasm for the Zephyr RNS today with the p word. Yes, definitely patience required hopefully by the end of Q1 2024 - things will be a lot brighter.

Atb,

Northern

Of things on a few different fronts now which should all cumulatively when they are added in should increase production. This year hasn't produced the results expected 're the Paradox and looks like we have say a further quarter delay 're the results from the 36-2 well. So maybe Q1 2024 (please get the 36-2 right this time!) will be when all things start to come together.

Atb,

Northern

Interest coming back to the share. Here's hoping between the Tanzanians and At a they can keep progressing things.

Atb,

Northern

Divestment Scirroco are looking for first gas revenue in December 2023. So, it looks like I will be proved wrong with my estimate of Q2 2024. From what has been mentioned in the RNS it sounds like there will be a decent news flow now. Fingers crossed that all these things happened and that they make better progress than I had anticipated. Any news on that pipeline?

Atb,

Northern

Thanks Panch,

I suppose it shows progress, simplifies things and move things on a bit. Here's hoping for a continued news flow and a move towards first drilling.

Atb,

Northern

Decent jump in the sp today.

Atb,

Northern

Week next week and that the sp continues to move up like it was doing on Friday.

Atb,

Northern

To next week now. Let's hope we get some really good news.

Atb,

Northern

The sp seems to have shot up this afternoon.

Hopefully good news next week.

Atb,

Northern