Member Info for papaduke

I concur. I dont think they would be spending all this time and money on the 16-2 well if they knew it wouldn't excel. Remember it was 2000 bopd odds on the test last year ( Oil & Gas ) on a restricted choke. That alone trebles our current non ops production. Do the maths folks. ! 36-2 to come too

I hold as you all know, but i agree with Setanta1 re their own production in relation to the static SP. However, that's all to come, i'm certain of that and not long now. Its been a long year in difficult overall market conditions. What i can say is that CH and the Team have done an excellent job in putting the jigsaw together on many fronts. Nearly there folks. We should really be off to the races very soon over the coming months

Answered my own question. Sorry!. Late November. All good

State 16-2LN-CC well production test update

The State 16-2 LN-CC well was successfully drilled, completed and tested in late 2021, although rates were constrained throughout the production test due to surface equipment limitations. Since then, Zephyr's operations team, working with a team of external consultants, has spent significant time designing surface facilities to re-equip the well pad in order to:
a) test plans for improved flow assurance;

b) prepare for eventual gas export and continual production operations; and,

c) obtain further production data for overall well and field management.

The Company, which previously announced plans to conduct an additional production test on the well, is pleased to announce that all permits needed for that production test have been approved and operations to construct further surface facilities on the well pad are in progress.
Multiple service providers are currently active on site, and the wellbore has been re-entered to prepare for the commencement of the additional well test, currently envisioned to begin mid to late November 2022.

When are we expecting the testing / production of 16-2 to start folks, it should be soon surely ?. So much going on now

The fact they now have a solid tie up with Kirkwood in the PD, says its all re ongoing drilling / servicing / management of the field + all their longstanding connections .
https://www.kirkwoodcompanies.com/about-us/
Its all not IF but when we will start to fly. Keep buying

Bear in mind folks, CH must have been very very close to Rig contract pre the postponed webinar, as it was really only Fed permits delaying things. Now that's sorted, i expect some quick fire RNS's and action very soon. Its all ready to go. Fed permits are a huge boxed / worry ticked off. Excellent work from CH and the BOD

.... sell their shareholding now on todays news. Its a massive achievement for ZPHR. Keep Buying, in 6 months, 6p will seem like toffees. A huge endorsement for ZPHR and its Team, its all there staring us in the face folks.
Still 2p off the highs of 14 month ago, i mean WTF. Buy Buy Buy

i agree on those points Setanta1. another short term mess about by the MM's / traders.

I agree, its the same old same old in absence of firm news. Hence dont tell the market a firm date for an update / webinar and don't deliver. simple stuff really.

Indeed dated from Friday and they are down 6% odds already inc the spread on their £300,000 trade

Hi Thebhoys,

Yes, all will be fine. But he could never really know when exactly permits would be granted surely. Guesstimate yes, but he cant be party to their specific timings. Hence, why i say i dont think he needed to set s specific date for the webinar / update UNTIL he had the permits / drill contract nailed in / approved and in place, ready to go. Hence a 6% drop today and likely more to come this week, UNTIL everything is officially ( not may be or nearly or at some point soon ) in the bag. I am very excited about ZPHR and still hold all my shares, i just think sometimes, CH doesn't need to set these deadline dates, particularly on something that's wholly out of his control to a third party Gov agency ( ie Fed permits ).

Just no need for it in my view., it doesn't achieve ANYTHING!!. long and strong & patience needed.

That CH shouldn't have arranged the Webinar UNITL the fed permits / drill contracts were signed and sealed, just sets you up for an uneccessary short term fall, and surprise surprise its done just that!!!.. I just don't see the point of doing that. The MM's will feck about with this now for another few weeks while we wait, not to mention the drills are pushed back again.

I'm confident here, but frustrated short term

100% concur Mtucker. Why set yourself for a fall by setting the 25th as a date for a real business timetable update, only to kick it into touch as the permit approvals are running late. CH and the BOD have achieved excellent progress since tkaing ZPHR on. Don't forget CH is one of the biggest shareholders, so surely he know's what he's doing re these timings etc.

2 days for an RNS then re securing federal permits etc etc...

Many thanks Mtucker for the wise post. i fully agree.

100% blissful, my thoughts exactly. Albeit, i feel CH cant possibly have set himself up for a fall re the webinar. Just makes no sense at all . As i say, i'm very confident in ZPHR / CH, but we are now at the very sharp business end of the game and need to be ruthless in getting the show on road in a timeous professional fashion.

Action.... NOT words is required. I fully believe in ZPHR though.

I agree with that srdoddy. How can you have a webinar outlining drill plans / timescales etc, IF the Fed permits are not in place Pre webinar. I cant believe CH would set himself up for such a fall by giving a firm date for this webinar / update. Surely not???. As you say, 4 days to go for RNS's.
PS. i hold plenty of ZPHR share & i'm very positive, just need the job closed off asap.

Another 1m + showing after hours. Not huge in the scheme of things, but a positive none the less.

Meant to say The Bhoys. I've had a hectic year at work & home, hence not posting much. I'm happy with ZPHR's progress, albeit slower than i thought it would be this time last year. I decided a while back not to get dragged into tit for tat posts etc
Happy with my holding and very confident it will do well for me over the next 3-24 months. Need these Fed permit etc tho. Taking a complete age. But they will come. Best of luck. P

Hi The Bhoys. 100% i'm still on the bus. Been holding all year. 7.49 million shares in my SIPP. Current value about 375k. I invested 180k pro rata since December 2020 ish as you know. Yes, bought and sold a few times over that time, which allowed for a bigger overall holding. I have no timescales for selling,. 2 years for access to my SIPP at 55. Happy to wait .

Everything is shaping up well, good luck !. Papa

Same old same old. Mickey mouse amount of trades and we are down 6% in 2 days on confirmation of an excellent purchase for ZPHR. The mind boggles really as to how this market works.
Fantastic times ahead for ZPHR, everything is falling into place. Par