Member Info for Resourcehunter

ZEN have made a strike first time at C-37 following a good decision to change tact and go for well deepening activities. This included significant investment and can’t be far off going into production soon, I hope. We saw the civil works completed at C-30 and rig decommission at C-37 and I hope has been built at C-30 ready to kick off deepening ops.

We just need to get going .... as I said we need to prove that we can rig-drill-strike-produce to restore confidence which is what I hope is happening in the background.

Come in ZEN - a nice update would be helpful about now ....please dyor

Good luck with yr onwards investments....

Come on AC .... what’s the update in AZer???

It will be interesting to see where this goes ....

I myself am still keen to see an update on Azer ops to put the doubters to rest. C-37 online?, C-30 kickoff?, M-247 Civils underway? .... anything will help the sp :-))) here’s hoping for something sooner.

Please dyor

Can we please have an update on Azer please??

C-37 / C-30 / M-247 ..... thanks

Hopefully C-37, C-30 and maybe even M-247 online by then .... 1,000bopd target will then be hit bringing in nice total revenue ....

Dyor

Yes thanks for this SEA7, much appreciated. Nice to see some high calibre team members on the frontline.

We really need to get a move on. There are a number of pivotal updates that, if released at the right time and sequence will do wonders to the sp.

Brent now touching $68.5 and could get a lot higher.

Let’s get a move on ZEN .... tweet/update on Azer would be helpful.

I’ve read lots of trashing garbage over the last few days ... but don’t forget the positives;

Current production in Azer (as per website) of 270 bopd is bringing in a nice revenue ..

C-37 soon to come online and could double production once the bottom plug is fitted ... therefore yearly revenue up Double ...(potentially alot more with further interventions).

We also have C-30 kicking off soon and let’s say an additional 300+bopd (we think a higher prod rate but being conservative:-) .... therefore revenue could jump to approx $20M or so... so we are making progress ..... not at the speed we would all like but progress non the less ;-)

They need to prove that they can rig - drill - strike - produce to gain confidence from the market/investors.

Now look at the deals that are currently being reviewed and assessed .... if I were a large investor with deep pockets I would be thinking about getting into that 25M Eur bond .... with a war chest like that we could get some really juicy assets ....

Yes we have liabilities but these can potentially be re-negotiated once increased production is proved ...

I would like to see greater focus/progress in Azer and am hoping that during the assessment at site C-30 the team are making all efforts to complete C-37 and bring online. A tweet/ update would be helpful.

I am with the ZEN team and truly hope/believe that 2020 will be a great year .... good luck ZEN and investors alike.

Please do your own research;-))

Even more LOL ....

Read the previous RNS ...... C-37 expected to produce 250-300 bopd once put into production ..... please DYOR

LOL ......

Let’s see what happens here .... who knows .... we could be outbid!! ....

Where are we with Azer ZEN??

How long does it take to approve the rig to commence work at C-30??

Has the bespoke device been fitted to C-37?? Result???

Questions questions questions but no answers .....

Wake up!!!!

Here here Ezhik my friend ..... I feel / understand the frustration!!!

Hopefully some good news will come out prior to Xmas .... learning not to expect anything which is a shame ....

Here’s hoping ..... hope you all have a great weekend ...

Am fully expecting to be disappointed, therefore when it happens I won’t be.

The decline could be reversed by any one of a number of updates / tweets that could be provided ......

Of diminishing returns ......

Where are we on the approvals for C-30 drill commencement?
Have we managed to install the device at C-37?
What is the C-30 drill team doing? Are they back at C-37 ??
Have we started anything at M-247?

Wake up!!

This can still be rescued by ZEN for Xmas ..... any one of a number of announcements / updates / tweets could propel the sp but it has to be good with real substance and properly written ....

Get into gear ZEN ......

Bear, all we need is a sniff of good news .... C-30 sign-off and commencement .....
C-37 shoe installation and well on tap ....
New blistering acquisition.... etc ....

Anything will do .... my goodness anything at this stage .... even the team chilling / lunching around the drill site for peats sake!!!

Not a good show ..... really disappointed.....
Where is C-30?
What happened at C-37 .... have we fitted the bespoke device and turned on production?
What happened to the well perforations?
Have we started anything at M-247?

What happened to rewarding long term shareholders...????

If we are in a good place then tell us ..... where are the tweets?? What happened to the PR machine .....

Yeah, but as of this evening each loaf of bread costs $66 :-) ... and could go alot higher .....

So get baking ZEN ...

What ?!?!

What is going on .....

I do remember a poster on here was in the vicinity and would do fly by visits in Azer and update here .... well get over to C-30 and let us know what’s going on !!!

We should be underway for what should be a quick deepening exercise .......

Huh?

In the same RNS

‘Zenith is currently in discussions with its REDPSA partner, SOCAR, to obtain final approvals to commence drilling operations’

That sounds to me like the rig is in place :-) that’s why a tweet of C-30 would be handy.