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They said "during the next 14 business days"

The 14th business day, is the 25th January. We should be hearing about this next week.

one thing about tsx though, the price change is merely the reflection of the difference between the most recent trade and the one before it.

If the next trade is a sell at say 5c, then it will show as being down over 50%.

possibly this one...

https://web.tmxmoney.com/pricehistory.php?qm_symbol=ZEE

podcast and pictures of zj40 at WR.

https://twitter.com/blockenergyplc?lang=en

https://www.proactiveinvestors.co.uk/companies/news/212522/block-energy-reveals-excellent-production-result-at-norio-212522.html

someone paid over the offer - so looks like strengthening at the moment.

yep were getting back to that price that primary bid placees bought at - might see some resistance at 4p

The initial rise was immediately sold into on the release of the rns. The selling pressure overwhelmed the buyers and we say the drop.

You will have also noticed the late buy trades showing up now. Once we clear the traders out from lower down there is a good chance we will be building higher for the next result.

that would be the 10% traders exiting. To be expected in my view.

thanks Ezhik

- definitely a good result and pressing ahead. Plenty more to come.

Horizontal sidertracks west rustavi,

The target reservoir is at a depth of approximately 6,900 feet and is believed to have had an original oil column up to 600 feet thick.

Highlights

· 45 barrels of oil recovered during a five hour period at Norio well 44

· Follows first application of specialist perforation tool which is to be used on multiple wells, as part of fully funded workover programme

· Highly encouraging progress towards target of 25-fold increase in production at Norio field to 250 bopd by end of H1 2019

· 250 bopd target at Norio is in addition to the 650 bopd being targeted at Block's West Rustavi field by end of Q1 2019 via an initial two well sidetrack drilling programme

· At 900 bopd Block's estimated annual revenues of ~£13million (based on current oil prices) will provide a highly cash generative platform to build a leading independent

https://twitter.com/proactive_UK/status/1084745814667378688

oil capital 31st jan

morning ezhik - yes, ATB as well.

volume and price increases show strength to the upside and we must be close to a decent bit of newsflow, as indicated in the december update.

yep - see you at the open - monday - have a good weekend.

like everything in italy - this is a lot of hot air, that isn't quite watertight as usual.

The issuance of the permits indicated may be delayed by upto three years, until they have decided which regions/provinces etc, are suitable for hydrocarbon exploration and cultivation and those that are not.

https://www.teleborsa.it/News/2019/01/10/energia-con-il-blocca-trivelle-congelati-36-permessi-fino-a-3-anni-17.html

This, is what they are really saying...

The amendment blocks drills will stop at least 36 concessions . With the amendment proposal included in the amendment to the Dl Simplification regarding permits useful for the research of hydrocarbons, MISE traces the scope of the new rule that could prevent the release of 36 licenses already pending for a period of 3 years, including the three permits issued in the Ionian Sea that caused the new fuss to be raised.

Announcing the change on 9 January was Davide Crippa , Undersecretary of the Ministry of Economic Development with responsibility for Energy.

The correction, according to which the activities related to the operational research of hydrocarbons do not have a strategic and public utility character, introduces instead the "Plan for the sustainable energy transition for suitable areas" (Ptesai), which, in agreement with Regions, Provinces and Local Authorities, will aim to identify suitable and unsuitable areas for the exploration, research and cultivation of hydrocarbons throughout Italy.

Furthermore, the amendment, which will be discussed in the coming days before the Constitutional Affairs and Public Works Commissions, would bring with it the modification of some fees for the issue of the same concessions. All aimed at "Ensuring full environmental, social and economic sustainability of the national territory and to accompany the transition of the national energy system to decarbonisation".

The minister says it will block, the MISE says it could block - this leaves it all nicely open for those willing to grease the right palms to ensure their area is "suitable for hydrocarbon production" You will note the mention of the words "fees and modifications" in the article - say no more, in my view.

Some of zeniths explo permit applications have been "pending" since 2011 and I haven't been expecting any traction on these any time soon.

Not priced in and they are not targetting resources currently producing.

This was announced two days ago and there has been steady upward movement in zeniths share price.

resistance will be at 4p, as that is the price that primary bid placees and others bought at and we haven't been above that since.

Hopefully will gap up over 4p, on good news and holders will keep their stock.

potentially up to EUR10M - this is the sort of financing we need to get going and not bucket shop share issuance.

We have a good amount of cash coming in to take the pressure off the balance sheet in addition to the $450k per month revenue and climbing from oil receipts.

Definitely on a much firmer footing now and with progress on the field looking promising, whereas before, we were looking a lot weaker.

in german...

https://www.finanzen.net/anleihen/a2rvlw-zenith-energy-anleihe