Enercom Presentation - Thoughts19 Aug 2025 12:50
I've listened to CH's presentation 4 times now. I will listen to it again a good few more, as the devil is in the detail. And as a "Shareholder", not a short term spread betting Gambler, the details are important.
A wee summary of CH's intentions
He aiming to drill 20 wells + at the Cane creek alone.
12,000 BOPD for only 5 wells alone was mentioned ( do the maths )
Their 400 wells aquisition will "Close " this week
Main aim is to Accelerate the development of the Paradox asap
Halliburton was mentioned several times ( always good to have that name associated with you in the USA)
Huge Success of the Acid Stimulation & "No" fracking & no water to significantly Enhance well economics now & going forward
36-2 was a 5000 foot lateral, going forward, 10,000 laterals will be the norm ( again do the maths )
4M Barrels in place per well drilled
Infrastruture is excellent & in place - Both Williams & Enbridge Pipelines run across the ZPHR acarege
Massive stacked play in the cane creek alone - priority to Test these zones asap
46,000 acres, 100 5 owned over and above the cane creek .
ZPHR are "OPEN FOR BUSINESS " to develop the Paradox, with either or Finance / O & G partners,., this is large project and we want to accerlerate growth to "Open Up " the next large onshore US Resource
He wants to "Launch " a 5 WELL Programme asap
3p folks, its a 1M % shoe in. If the US investors werent aware before, they are now & so is every O& G company in the region.