Member Info for NorthernMagic

of the use of the latest fracking techniques that it will at least give it the best chance of a good result. About a month to wait for that now.
Atb,
Northern

Given the first well being tested - if that comes in with really good results presumably the sp will move up significantly. Is it the opinion of others on this board that if the further two wells drilled later in the year are consistently as good with their results will this then again lead to decent(equivalent?) increases in the sp?
Atb,
Northern

kipperfoot, yes it's a decent point you make however I think lots of the comments on here at the moment are based on this lack of the sp moving and then people are looking for reasons to blame the directors for this. The Year before last was a great year for the company. They have made some fantastic deals and have also got two productive wells on their hands which in time will add massively to revenue and that's just the start. I admit there will be delays thing this all in to the system but then there will be lots more to come and imho lots more successes. They have a board which has made some great decisions and are heavily invested themselves - so they want success as much as we do.
I'm just happy that I see this as a medium term hold for me - another two to three years and I will very much enjoy the ride.
Atb,
Northern

Thanks for your comments BorntoBouggie,
Much appreciated sounds like it will be interesting to see where the sp gets to after the next drill and following update.
Atb,
Northern

where the next test stands in terms of importance of the tests so far by Falcon Oil and Gas's operator. Is this the most important test so far and so it's results will be seen as such by the markets in terms of a repeatable result?
Atb,
Northern

what Zephyr have achieved in a relatively short period of time that the sp isn't higher than it currently is. Presumably that's just because of the testing phases that are being gone through currently as opposed to production being sold. However, given there are 2 productive wells and one being talked about as prolific with lots of options then it is just imho a matter of time. This company doesn't mess about and in time I think they willgrow to be a very latge company - learning as they go. The future is looking good to me.
Atb,
Northern

from today's RNS the things that stand out are that the company has used modern 3D to give results(great news going forward) . They have achieved what previous operators haven't - gives me a lot of confidence with them going forward. Both wells are productive and again just a bit of patience required 16-2 testing on going and 36-2 to commence soon(with options going forward for the lateral) and every day excellent revenue coming in.
Very encouraged and think the company are doing a great job.
Atb,
Northern

Thank you. Didn't realise this one has been talked to death.
Will just wait and see what comes. Would be great if we didn't have further delays - just want the drilling to get going as soon as possible.
Atb,
Northern

drilling rig which might mean we get another delay do people think the drilling will start in the first half of second half of the year.
Atb,
Northern

managed to do this deal? Fantastic to have the extra 25% going forward.
I think the other news 're the drills we know is good news - as has been said on here a number of times on here just a bit more patience required. Lots of great news to come.
Atb,
Northern

Hi PortfolioPower,
Yes I'm in Atome via my previous holding in President(now MEN). Peter Levine promised a lot and unfortunately the sp just drifted down and down. Admittedly he has a number of strings to the bow now but the sp will need to go quite a lot higher to prove he's getting the company on the right track. He promised a lot via Paraguay and unfortunately only has a 17% COS - if it does come in could be a game changer but unfortunately it always seems jam tomorrow with the company. Would love to be proved wrong - will have to wait and see.
Atb,
Northern

we will have news tomorrow. So, maybe we will have news tomorrow.
Fingers crossed.
Atb,
Northern

Great post Madralphy,
I hadn't appreciated all of those but lots of the delays imho haven't been substantial but what you have pointed out highlights that the results CH and the board have provided us with have been.
Atb,
Northern

over the course of this year. Malcy has consistently ignored the share - I thought it might have appeared in his bucket list this year with drilling going ahead - he has been left Scirroco in the bucket list though it's sp had a 72% loss last year.
It will be interesting to see which of the two shares performs better this year.
Atb,
Northern

Must admit I don't mind if the bus is a little bit late but would be nice if it did arrive in March or shortly after :-)
Atb,
Northern

the interest has started to build. It would amongst all other news that now seems to be anticipating the drill to get news from the operator about the rig. I assume there will need to be the obvious - transport to the drill site, testing before drilling commences, preparation of facilities at the drill site etc. So, the sooner we get to know the sooner we have an indication of timelines.
It seems a bit odd that we have been waiting so long for all this and that in relative terms the drilling hopefully will not take too long!
Atb,
Northern

re-commencing at the 16-2 well. At the time it was mentioned there would be news in the coming weeks, so I am expecting news very soon now. Lots going on to keep the company busy. Here's hoping they can make some early production sales before starting to increase production substantially and tying the wells in.
Atb,
Northern

this is the sort of thing I was hoping for - for them to convert some of the possible deals in the pipeline to JVs or other deals to start building the business. There recent appointment with the experience he brings will also be of great help negotiating ammonia/fertilizer deals. Hopefully the sp will start to respond positively.
Atb,
Northern

The drill is supposed to start in March. So, are we anticipating news of the rig contract being sorted and an RNS during February, or do people think there will be a further delay?
Atb,
Northern

The drill is supposed to start in March. So, are we anticipating news of the rig contract being sorted and an RNS during February, or do people think there will be a further delay?
Atb,
Northern