Member Info for NorthernMagic

Must admit personally would love to see ten buying into the McCoy lease in Colorado. Would diversify further and but in to a potentially big earning deal. I really hope they can do this - I believe they have first refusal and drilling commences in first half of 2022 - so may well for in with their plans.
Atb,
Northern

cannot be too far away. A bit more positive news soon and we might see hopefully 8p by the end of August?
Atb,
Northern

but do people consider a doubling of the market cap of this company by say Christmas this year? Does that sound unrealistic?
Atb,
Northern

many more to follow imho. They must be itching to get that well completed now and see how much oil they will be able to pump on a daily basis. It sounded as good an RNS as you could possibly write this morning and it sounds like there is an awful lot of oil down there. Here's to a great few months ahead and if the recent past is anything to go by with this company - lots more good news to follow.
Atb,
Northern

the knowledgeable posters on this board but today's news is ABSOLUTELY HUGE FOR THIS COMPANY. They have now unlocked the resource which will help them grow the company and have proved they can do it. It will now allow them to use those funds to rapidly expand the company by going after those fantastic deals that they know are there and have a detailed process for identifying the best ones.
Massive news today - onwards and upwards and repeat!!
Atb,
Northern

A;; sounding good for an optimal completion method to be determined. Good overlying reservoir results for further analysis.
Will have a read later today when I've a bit more time. Sounds great now just need to get the possible production figure.
Brilliant start to the week.
Atb,
Northern

some great news in the week ahead. GLA.
Atb,
Northern

The next week confirming the start of turning the hopes of the Zephyr board and it's enthusiastic shareholders into reality. Here is hoping all that careful work the company has put in with it's partner's can now be turned into some fantastic results and the beginnings of a very exciting period to the end of this year and beyond.
As excited about this company as I have been for a company in a long time.
So much potential with an ambitious board to match.
Here's hoping for really exciting couple of months ahead, gla.
Atb,
Northern

At times like this I remind myself of a few facts that reassure me.
The BOD have a big investment in the company.
They have the backing of a government organisation that is seeking to find and encourage the development of oil fields.
They have a very experienced board and in my opinion have made some great yet considered decisions.
Again that experience is allowing them to make good deals.
They have fast tracked a ESG initiative.
They know there geographical area and are best placed there to make rapid progress there.
They make cautious decisions but at the same time are extremely ambitious.
So, here's hoping for that touch of luck that will progress the company to the next level.
Atb,
Northern

Must admit feel pretty much the same. Seems pointless speculating when close to some news and that we might have to wait some time until more detailed results. Gla.
Atb,
Northern

Hi Spudton,
The best analysis I can point you at is the RNS dated 30th June 2021 which includes the results of the core analysis and amount of possible resources they are aiming for.
Hope that helps.
Atb,
Northern

Thanks Elland,
I keep thinking I've missed some details that explain why we are at the current price, so it's good to have your opinion to get me feeling optimistic again. If I had more funds available I would probably invest more but it's difficult when the sp has stayed at this low price for so long.
Atb,
Northern

news even to success or failure of the drill let alone any numbers.
Maybe some initial news next week?
Atb,
Northern

The RNS today didn't do much for me in terms of processing plant prices in? though not quite sure at these prices. Atome - will start to put some more money to one side for this. Paraguay - not sure why this was mentioned - thought this was pencilled in for next year - no drilling activity this.
Salts sounds very interesting for further and continued drilling.
The main thing that is giving me the greatest encouragement is increased production and prices so hugely different to last year!
Just one question for knowledgeable posters on here - why did they quote the oil they mentioned in volume terms and not bopd - I thought it was gas in metres cubed and oil in bopd.
Atb,
Northern

Still cannot get my head round why they will not release production and revenue figures. We are in August now! Where is that laser focus and some good news 're what they've done in the first half!
Atb,
Northern

some time should have read Paraguay.
Atb,
Northern

sp of this company is languishing. They have had lots of good news in the first half and the sp hasn't taken off. Maybe with.more news from Atome things will improve.
They did however say they were laser focussed on the oil and gas production performance. Yet, still no news for the first half and revenue. I would have thought they might look at again at acquisitions but are possibly restrained with money required for some time.
The sad conclusion being we might be at these sp levels for some time.
Some news would be very welcome Mr Levine.
Atb,
Northern

to give the sp a nudge in the upwards direction.
Atb,
Northern

Apologies auto correct changed GETINTHERE to HAVING HERE.
Atb,
Northern

Many thanks HAVING HERE I will get myself up to speed again.
Atb,
Northern