Member Info for Setanta1

are good, I think. Just opened my account with a 100k buy which hasn't appeared yet!

38 trades for less than a total of 3 million shares. Time they put the wheels back on !

Thanks ,molatovkid, but I'd read that RNS which , ( partly), alludes to the Powerline Road Gas Processing Plant ZPHR purchased. My impression now is that we still have no gas pipeline available for gas from 16-2 or from 32-2 , nor any definite date for availability ?

I seem to have lost the detail in relation to the pipeline so perhaps someone would be good enough to update me.
I recall that the Powerline Road gas processing plnt ZPHR acquired is located at the head of the Dominion 16 inch gas pipe line but as far as I know that pipeline hasn't started yet. So how is ZPHR to pump the gas from State 32 ,(and when?).
By the wayI think it is extremely unlikely that BP will ever buy ZPHR. The company is a vast producer in the Gulf of Mexico and it pumps 800000 barrels a day. So even if ZPHR does produce 5000 barrels of oil per day by the end of this year it would be very unlikely to be of interest to
BP. If there were to be an offer in a couple of years or so it would be more likely to come from a medium sized oiler. But I wouldn't hold my breath ,( or my shares), for that either! Just an opinion.

1. valparaiso, a good and confident buy and you're welcome to this board.
2. Molotokid, interesting game you're proposing, but as the chain suggested it is best to set a date against one forecast. I think 20p by this year end but I'd be very happy with 10p by the end of March. Apropos a buyout by BP : I don't think so. BP is a deepsea driller in the gulf and a major refiner throughout the US. I don't think they'd fall over themselves for 5k barrels a day in Utah by the yearend. And the BP company who brokered the hedging for ZPHR is solely specialised in that activity and it was merely arranging purchases for small refiners (not for BP).

Algylerich, thats excellent and comprehensive. I've copied it for my own notes, if you don't mind.

HI The Chain, completely agree with just about everything you say, although I think CH will give us details of the method and figures for 36-2 production before any corporate presentation.And ,like you, I expect it to far surpass 16-2 in terms of magnitude.

1. That ZPHR has drilled two very promising wells so far.
2. That it has has hardly sold a barrel of it's own drilled oil during the past couple of years. Nor any gas ,for the lack of a pipeline.
3. That the greater market finds that uninexpiring. So not much trading , just one institutional ,and very few US investors in a market besotted by oil.
4. That posters here ,(invested on not), went into a frenzy last week (sp 20p,30p,a buy out etc.,}, only for the market to knock the froth off as usual.
5. The trading slowed down and the sp reduced. The speculation began

Until ZPHR begins to produce and sell it't own oil the market won't do anything spectacular with the bit that matters to me : THE SHARE PRICE. It will happen. (so let it happen and the sooner the better).

We had some brilliant news last week and surely we'll have some more quite soon. but folk are entitled to express an opinion and it is quite clear ,(and it has been for the past year and a half). that the markets take an equivocal view of ZPHR. The last splendid news gave us two day with 45m and 19m shares traded and since then we're back to ultra low trading and a fallback in the share price. And ZPHR still has the same number of institutional investors,( one), and very few US investors. So that is how the market is reacting now.
But posters should be allowed to comment as they see fit without incurring the ire of many posters here. I have still got a very big holding here but I certainly believe that market reaction,whether good or bad should be encouraged.

..price falls, Even over a very short time. Iron rule of AIM!

what's written before you. I speculated that there might be an additional delay with 36 -2 and that if that were so the company should bring the market and the shareholders up to date. I suspect that most of the madmen posting their invective don't have a lot invested in ZPHR.

Clearly there has been a problem of some sort. We know that it is not financial and we can infer that it soes not relate to State 16-2 except insofar as the infrastructure related to an adequate gas pipeline is still not available to pump the oil.
That just leaves the real possibility of a problem with State 36-2 which is now almost a month overdue. The problem may be weather related, or it may be something more serious, but a months delay for whatever reason should be explained to the market and investors here.

Delays yes, but there is a little bit more life with the odd million plus trade popping up. If those are buys then it's a good sign. Not long to wait for the resolution,I think.Maybe just a couple of trading days!

Is now lower than it was five years ago despite numerous promises similar to those we are hearing today. Not good for an AIM company! What's needed here is some solid performance rather than unfulfilled promises.

Hi The Chain, the sp seems to be livening up a bit but the MMs are makinng sure it stays subdued by maintaining the spread. As for the stake building rumour you read on another BB. Like you I'd take that with a very big pinch of salt.
But I think we're getting close to something decisive. My time may be close. I hope!

Should be good!

1. Alxo. ZPHR does have a listing on the US market. It trades on the OTCQB Venture Market. The listing was aimed at attracting private and instirutional US investors and to increase the share's liquidity.It doesn't appear to have achieved it's objective.
2. BP Energy was the counterparty to the hedging programme. It matched the buyers to the sellers ,(ZPHR). It is an energy trading company and there is no evidence it was acting for BP plc .

Thanks The Chain.I've found the RNS. The acquisition was completed on 10 October. So maybe a bit soon yet for completion of any refurbishment.

Interesting point The Chain but ,(according to Alxo, and I'm sure I read it elsewhere), the Powerline Road Gas Plant has been offline for years and needs to be refurbished. Am I correct in that thinking.

If you were the creator of the Resume on ZPHR then you have done a really good job. It is clear that the information you collated was already available but it hasn't been available in a unified form until now. I for one have copied it to use it as an easy reference point.
Aposter here has criticised your contention that ZPHR would benefit from having a more experienced oil related director. Nothing wrong with that. The board is made up of finance and accounting personnel. CH,(the only member we know really), is a first class CEO but his expertise is finance related and I'm sure he would benefit from the presence of hands on oiler.
Well done you.