The latest Investing Matters Podcast with Jean Roche, Co-Manager of Schroder UK Mid Cap Investment Trust has just been released. Listen here.
Whoop whoop !!!!
Never had a doubt ...... Thankyou for sharing my friend.
So many news update items waiting in the wings that could propel us forwards ....
Go ZEN !!
Thankyou Sarge - much appreciated.
I’m looking forward to an update from the Azer fields which should hopefully propel the sp forward and cement us as an operator who can rig-drill-strike-produce!!!
Sarge - “it was confirmed to me” .... can you elaborate? Did you receive a response to yr email?
Are you able to share anything? As you know I have been a keen supporter here for some time. I also continue to believe that a wider plan is being played out here .... hence the additional purchases over the last few days :-))))))
All to play for ...... feet to the ground for now!!
Agreed Slice, although I have been buying over the last few days :-)
An Azer update would do wonders here ...... not ‘ifs’ and ‘maybes’ but ‘confirmed’ please ;-))))
Plenty of news due ...
If one large asset (approx 31M reserves) wasn’t good enough we potentially have another in the wings ....
Azer update needed to kickstart and show resolve .... then off we go ...dyor
Yr right it’s all in the wording LOL .....
Hopefully the next update will give a really upbeat confirmation of well C-37 online with a stabilised flow rate. Followed by an update on C-30 kickoff.
Onwards and upwards.......
No one would walk away from approx 31M barrels reserve oil.
Keep the faith in the last Azer RNS ..... if you remember peeps on here completely wrote off C-37 as a dead well for ZEN to then issue an RNS on 12th Dec clarifying, as far as possible, the situation.
C-37 should be put into production once the bespoke bottom shoe is fitted and C-30 should hopefully be ready to commence deepening activities imminently. Fingers crossed we get a positive update soon. Heres to keeping the faith!!!
To have two major assets is a massive plus for such a small player, add the current/future income from Azer plus a potential 25M Eur bond ........ :-) smiles all the way ..... just get on with it ZEN!!
Please all Dyor ...
20p party - I’m there!!
Going for another cheeky top up tmrw .....
Come on AC, get an Azer update out ASAP
Kam - now yr just teasing .... ;-)
Let’s get a rig to Zardab ASAP!!!
Well Kam - if you’re now talking 5,000 bopd then we are at an additional $128M .... wow!!
And so there should be ..... Azer alone is xlnt if they can get their act together and get it on tap at 1,000 bopd .... at current price thats (1000x70)x365 = $26M
who knows where we go from here but I wish us all well.
Please dyor.
Thankyou AJB, I didn’t know you cared so much .... how sweet .....
Hopefully they are scurrying around trying to get C-37 completed and on tap to take advantage of the high price of oil.
C-30 can’t be too far behind .... fingers and toes crossed!!
LOL .... never a doubt my friend!! :-)
It’s going to be an interesting week ahead ....
Price of Brent just smashed through $70 ......
Now would be a VERY good time to announce a leap in daily production ;-))) dyor
The last Azer ops update on 12th Dec stated that a bridge plug would be installed at well C-37 there upon the well would be placed on full production. Can you please confirm whether this has now been completed? I’m hoping this is what the drill team have been preoccupied with over the last few weeks.
Also stated RE: C-30 was that final approvals to commence drilling were being sought. Almost 4 weeks on can you please confirm whether we now have this? We need to get going!!!
Have we commenced civil works at M-247?
We need to kickstart the New Year with some progress to show we mean business. Restore confidence in ability to complete ops.
Please DYOR
Yup - thanks for that Kels and Mud ....
Let’s see where we go from here .... could be one hell of a ride ....
Where is the PR machine? Where are the advisors???
Long term shareholders are waiting ....
Defo need something to stop the rot!
Surely getting the sp and market confidence up should be top priority!!!
As has been mentioned any one of a number of updates could do it - time to shine ZEN.
Sarge, the lack of big sells would suggest not. Only fickle and /or bored pi’s .....
I’m sure we’ll get an update soon. Hopefully the new year will kick off with some fireworks soon ;-)) ....