Member Info for NorthernMagic

Thanks Womo,
Atb
Northern

but I was just wondering if anyone has any thoughts as to what 2 of the 3 drills happening in the second half of the year might produce in terms of bopd. This might have been discussed and I have missed it but it would be interesting hot know in terms of what production might be next year and hence revenue.
Atb,
Northern

Great questions.
Atb,
Northern

slowness of the Paradox drill and production. I tried to think of an analogy and the best I could think of us given the recent CPR then what Zephyr has is a lot of stock(and that I think is the huge thing) and it is just a matter of unlocking that stock. It's as if they have a number of shops and over time it is a matter of opening them up and letting sales being in the revenue. In the meantime they have another group of 'shops' they own a percentage of that day in day out is bringing in the revenue. I honestly don't think there's much to worry about.
Atb,
Northern

there's very little info on the first page and cannot access any info on the Contact page either - just seems a bit odd - no Twitter feed as far as I can see either.
Atb,
Northern

I was thinking about this - do you think they will report earnings/production monthly. I would have thought they would report at maybe quarterly intervals or half yearly? - but a good question in terms of how they will be using the money now in the coffers.
The company seems to have had a lot of criticism re the lack of production on the Paradox but like you say - day by day and month by month they are getting very good revenue streams.
So, I suppose you either take CH by his word that they are very busy and that this includes presumably lots of work on the Paradox or you don't. I still have trust in the company and the BOD and in time think they will start to deliver on a big scale but you pay your money and you make your choice - al imho and please dyor.
Atb,
Northern

I was hoping to be closer to 10p than 5p but I'm invested for at least 2-3 years here and I am sure as we move forward the company will quickly progress and value will out.
All imho and please dyor.
Atb,
Northern

and the price moving up a little. The sp though needs to move up a lot to where a number of people say it should be. Let's hope we start to see some further good news that impacts the sp.
Atb,
Northern

Feel refreshed - here's hoping we will see a renewed upward movement in the sp as the news and progress the company starts to make on the Paradox starts to take effect. Lots of good news to come and lots more progress re the sp. All imho and please dyor.
Atb,
Northern

Thank you Origin789
Atb,
Northern

answered in one of POQ's presentations Q & A sessions. The question was re the monetize part of the Beetaloo. I was wondering if the buy out of the interest in the Beetaloo would provide funds to FOG to look at other acquisitions, or whether the buy out of the interest in the Beetaloo meant in effect a sale of the company.
I think what was said was a sale of the company - cannot remember when this was said but think like I say think it was included in one f the recentish Q&A Presentation sessions.
Atb,
Northern

with CH today. I thought Malcy seemed a little more pushy with some of his questions - he usually seems a touch more laid back and not that smooth in some interviews.
CH was his usual composed self ,well in control. They know what they have in the Paradox. They know that area they have a lot of expertise and they are going for a few wells that will give them a good idea of what they can achieve and how. It was also funny to see CH have a laugh at the market reaction.
Like I said they know what they've got, they've got plans for this year and they want to accelerate those plans. There is nothing that has been said that makes me want to sell and if I had more money available at the moment this would certainly be at the top of the list as to where to invest.
Atb,
Northern

President Energy doesn't take off like this regardless of what they keep trying!
We've been waiting for a long, long time! .......
Atb,
Northern

with such brilliant news today. However, I am invested for at least the next 2-3 years here - invested being the keyword. A small blip along the way will soon be corrected and we'll be back.on track again.
Atb,
Northern

explaining the report in his usual clear way plus his take on the future steps. Now to see what the market, Malcy et al think.
Fingers crossed for a great day today.
Atb,
Northern

product produced by Atome will also bring in a lot of revenue i.e. With the use of ammonia in the production of fertilizers which hopefully can be used in a very large market to assist food production.
Atb,
Northern

In my mind in terms of what Zephyr are about there are a few things. Firstly, to a large extent they have avoided debt by buying acquisitions in non operated assets to finance the drilling in their main asset the Paradox. Last year with one drill and extensive analysis proved multi stacked plays and the lateral proved they can get very good production from each well. That also have a joint venture company looking for opportunities for them to invest in.
Taking all these things into account a very good base in which to build a highly successful and profitable compsny.
Atb,
Northern

or am.I just dreaming?
Atb,
Northern

Very much agree there. I think if they could at the time(though it's still a first choice option for them) they might with more resources have invested in the McCoy asset in Colorado.
Now if they can achieve those long laterals themselves and also have stacked plays ........
Atb,
Northern

this CPR first before other news follows. I'm therefore assuming all is good in this report but it will be good to get the good news into the open and then move on with further good news. It's all looking good to me but admittedly a tad tedious. Shortly though all this will be behind us and we will be moving forward again.
Atb,
Northern