Member Info for THE_CHAIN

Agree quadrum plenty of positives still. They just need connecting up!

I have to agree! I am expecting a full update once the 16-2 flow results have been published. I will be writing to the company if a comprehensive update is not forthcoming. And I would recommend others do the same. Hopefully we get our long awaited news this week or next to set us back on an upward trajectory.

Precisely. Let's not get into that silly argument again. Very frustrating in the current news vacuum. Sitting on hands until news re-fires the forge. Aim is savage at the moment. Look at pxen, boil, copl ouch!

Surely they would notify the market if they had started production testing 36-2 already.....PR madness if not.

Thanks Adon. I'd rather continue to be patient and get some results that blow the doors off than for them to rush. Sitting on hands.

I really can't wait for the flow test results and for the weather to clear off so we can get back to business as usual. Feeling fairly confident it will be next week....heres hoping.

Sce2 we know there has been recent delays due to weather. I'm feeling impatient too. We should get news on 16-2 this week or next now I think. But agree we need good flow test results and a clear path to production laid out for the market for this to get really good. Don't think it will be much longer.

Maybe an 8am rns then....haha

Only an extra 13 mil shares not 26 mil issued. Perhaps other half soon?

Agree Nok. Drill log has been updated, now includes the pipeline development plan. I expect we will be getting news soon on infrastructure updates, perhaps coinciding with 16-2 production testing results.

Don't mind waiting, just want to see lots of consecutive days of production testing with better results than last!

Agree Quadrum, proven wells, increased production and a respectable market cap will herald more IIs buying.

We are listed on the US OTC market....Still mainly people buying LSE, including Americans.
Don't forget this share has come from sub 1p to 7.5p and has settled in the late 5s to mid 6s depending on appetite.
Uncertainty around production is the key thing holding us back, when that becomes clear its just degrees of good after that. The two production tests in q1 should give us a good indicator of what production will look like by Autumn. These should also be followed by infrastructure and investment plans update that should put concerns to bed, and set us back on our bull run. Until those things have happened I expect the market to remain uninterested. Great for those buying now, I'm fully loaded with no more dry powder, so am just waiting for the moment that the market wakes up and decides it likes what it sees as much as I do!

The saying "pearls before swine" could not be more aptly applied than here. Most of the market has no idea, Zephyr is boring because it's too safe. Being fully funded, well managed, in a safe jurisdiction with a prize asset being proven up. I continue to be dumbfounded that we are not nearer double figures.

"After being hampered by extreme weather (which impacted pad access, equipment and service availability) we’ve been happy to have a more consistent run on the State 16-2 production test over "the last week.

Accompanied by a nice video of the flare St 16-2

If you are that concerned SIV you need to put it to the FCA rather than trying to convince a bunch of strangers on a billboard. You can't draw any conclusions without the full picture which you do not have. And now you are trying cast a negative light on 36-2 aswell. Waif for official news, you will either be vindicated or end up being very wrong. I suspect the latter. But will concede if proven wrong myself!

I don't see what the major issue is, there was a problem, they identified it, have put in appropriate controls and are now retesting. We've only seen 12 days of well log data, we don't have the full picture. So need to wait for the next official news on the matter.

CH is pretty good at answering emails if you were to put your concerns to him SIV. Although at this point in time, so close to getting the results of the next test, probably in the next two weeks, could be a waste of time. I am happy to see how it plays out, personally I'm far more interested in 36-2 and the infrastructure plan.

I do think if:
1. 16-2 test is better than last
2. 36-2 is proven to be proflic during production testing
3. A clear road map is laid out for production this year
4. Kirkwood comes online in July
5. Possible other left field acreative acquisitions occur
Then it's a fairly easy 3-5 bagger from here inside of 2023. Much more to come in future.

Have to admit a better presented argument SIV.
But one word you keep using regarding 16-2 is "prolific", I don't recall CH ever using that term with regards to 16-2. We've known for a long time it's likely to be an economicly viable production well that will contribute nicely in our portfolio. We also know its the proof of concept that it can be done in the paradox. We've now done it again, in my memory for the first time 36-2 has been suggested it could be but not stated as prolific due to the natural fracture network. Splitting hairs perhaps but important non the less to understand that 16-2 is likely to be highly economic still despite not being an prolific oil well. Its a well that will produce some oil, some condensate and lots of gas. I'm not going to comment any further on the choke, rate constrained, salt until we've had the next production test results. If the new surface infrastructure has handled that then its a non issue.

I do agree communications could be handled far better and the main reason the share price is not reacting positively is due to unknowns, some of which could be cleared up easily as you state.