Member Info for Womo

Let's not underestimate the value of support of the grant funding to Zephyr.

The grant is administered by the University of Utah's Energy & Geoscience Institute ("EGI"). Zephyr's technical team continues to work closely with the EGI, the Utah Geological Survey (the "UGS") and other Utah-based partners in utilising DOE research funds to fully evaluate the potential overall productivity of the Paradox Basin.

Great results that further risk reduce the licences...

Yes...although Lanstead provide good income stream for Oriole it does nothing for the SP

Let's hope further drill results and approval of the exploitation licence comes along soon.

'Oriole Resources has submitted to the Cameroon Mines Ministry an exploitation licence application. The ELA is required to secure the tenure of the licence as exploration and development activities continue.'

Great start to the so.

Just what Zephyr needed to leverage industry interest and it's given unexpected results in the acid process.

Let's get a JV asap and really see the Paradox take off.

Really good report which shows company in profit and moving forward.

No need for Canadian funding with agreement now being terminated.

Lots of news to come.

Nearly two months since notification of offers received. Hopefully news soon.

Anyone have an update from the Q&A session last night?

Must admit... the TP research note puts a much more positive slant on things.

Https://mcusercontent.com/d9ebd7c1aa0f3dbc5fab42eca/files/47c8a2f4-d8f4-0e7c-1e65-accc52a404eb/ZephyrEnergyplc_ResearchUpdate_29August2024__FINAL_BG.pdf

Zzzzzz Back to bed. More waiting.

Think the BOD have played a masterstroke here! All timed to perfection.

Casper, listening to the video that was posted they obviously have the experience and technical knowledge how to get the best from these wells. Fingers crossed that the 1000boepd can be achieved.

Looks very promising!

Casper, I think it's 12.5%on the first four wells. 10% on any additional wells drilled.

Whether they will get to 1000boeod is questionable.

What stood out for me on that RNS was the comment from Globalvision about taking Nobel to new heights:-

We at Globalvision look forward to expanding from these solid foundations and taking Nobel to new heights and welcome Pennpetro on closing this transaction as an important stakeholder and partner in this transaction."

New Heights have certainly begun!

Ok thanks for info

Anyone able to get into company website.... Looks like its been taken down to me.

YeeYee,,, you missed my point. Pi's will have second thoughts on buying into a rising SP, but because the MC is so low that is what you need to look at based on what is coming on the news front.

Look at the Market Cap -----its peanuts!

Exactly Tebbin.... Read the Interim results.

Its not just the BOEPD..... Its also how many million barrels of oil is down there.