Member Info for NorthernMagic

That's encouraging - hope it means they will have some good news to hare with us in the not too distant.

Atb,

Northern

But I see the company as now having to gain some confidence back from investors in terms of what happened with the 36-2 well.

Given what should be happening in the next 6 months of the year I think we will see some real progress. Everyone says we need production and once the company starts to produce then plans hopefully will change to ramp up production and possibly also make further deals 're non-op assets and the company has already made some fantastic deals, so who's to say there aren't other deals happening in the background.

Atb,

Northern

Personally though I would love to hear some progress about all the things currently under discussion to confirm progress is being made and the company is still in track with the timelines, rather than third party reports.

Atb,

Northern

Hopefully by then they either will have announce the test results or will be about to announce them GLA.

Atb,

Northern

To go now before we get some news?

Atb,

Northern

That Zephyr said a while ago they had built a partnership with a company who were looking for oil wells they could invest in. The partnership I believe was made so that the other company could use their expertise whilst the Zephyr Board could then pick the best options(I thought there were a number under consideration at the time) and Zephyr could then concentrate on the Paradox. What has surprised me therefore that they haven't picked up further assets to build on their non op portfolio whilst the Paradox comes on stream.

The obvious question being why have the partnership if it's not being utilised? It would have plugged a bit of a gap before production from the Paradox too.

Atb,

Northern

Telling us there is lots of exciting news heading our way. Update soon please.

Atb,

Northern

We are getting a lot of comments re ongoing streams of work - will be nice to see some progress backing that up.

Atb,

Northern

I thought the NT2 was going to start as stated in an earlier RNS at the end of March. Thought we would have had some news about this by now or at lease soon. Let's hope the other planned activities don't get plagued by delays as has happened here in the past.
Atb,
Northern

Must admit I thought we would have had news by now. Starting to get a bit concerned. Please let there be no more delays!
Atb,
Northern

Testing was scheduled to commence at the end of March so results from this if they are going to share them should be available soon. Hope we get some news soon which will give an indication that things are progressing to plan and we are not going to get more delays.
Atb,
Northern

days and with testing starting at the end of April then presumably we will get the results in the first half of June - assuming things go to plan.
Atb,
Northern

news flow on multiple workstreams - starting soon!
Atb,
Northern

Unfortunately they seem to make these decisions 're news flow to suit themselves rather than us. All imho but why shouldn't they be pushing ahead on all fronts and keeping us informed. The impression this strategy gives me is, sadly that either little progress is being made or it is being made but extremely slowly.
Atb,
Northern

They seem to have been very quiet on that front. Here's hoping no more delays, fingers crossed this time.
Atb,
Northern

personally I very much agree with THE_CHAIN. I think this year will be one where things are put in place for the company to start delivering. I'm happy to sit and wait, to see the company overcome their current issues, learn a lot in.terms of processes and then start to get substantial revenue in the future. All this is imho and other people seem concerned about time being taken to deliver. Imho cannot do anything about the past and will only make good progress and have a step change in development when these things are in place. Wishing everyone all the best with your investments.
Atb,
Northern

to get a sense that things are moving forward on the various work streams.
Atb,
Northern

questions last night was that CH wants to focus on getting production sorted at the Paradox. After that there will be learning for the production processes going forward. I was also interested to hear the answer to the question as to where investment will go on the future and the answer was in effect - that they will see which investment will give them the greatest return and invest there but they will only know that when production is flowing from the paradox. So, again the focus is back to success at the Paradox.
Atb,
Northern

to wait but I wonder if we will get an RNS tomorrow morning which will then be expounded on in the presentation later in the day.
Either way I think tomorrow should prove interesting.
Atb,
Northern

Which in turn probably means the obvious - that more people are buying on the hope of progress and a higher sp.
Atb,
Northern