Member Info for Womo

The well further confirms the presence of hydrocarbons within a large structural compartment.

Looking strong for remainder of week....then.

Booooom!

Mikey, because CEO stated that he would update shareholders by end of June.

Mikey279, why would you show your hand when offers are being made. Can I play you at Poker?

Most offers are probably closed and private at this stage.

Uscita, £25m MC. Seems very very conservative to me.

Verkhuba is just one licence in the Rudny Alti VMS.

Our field teams have been working since early June, conducting mapping and litho-geochemical sampling over priority targets in the Rudny Altai VMS licences to ensure the best are selected for drill testing this year. We look forward to providing a more detailed update on this work in the near future."

Extremely impressed with Alex Walker

Gives the message.

Keeps to timelmelines.

Delivers the goods.

The Group reports a net loss after tax of US$3.5 million or a loss of 0.21 cents per Ordinary Share for the year ended 31 December 2023 (2022: net profit US$19.3 million or a profit of 1.26 cents per Ordinary Share).

Blimey!

Let's hope we have had all the bad news now and can move forward.

A year to forget!

2024 Signs looking much better.

Looks like Salt Wash is delayed as still looking for (Asset level) investors to cover the costs.

36-2R. Just have to wait it out.....but just more delays.

Finance update good news though.

Yawn....zzzzx

I think with the Slawson Wells now producing and Zephyr Helium Project starting hopefully very soon the Non op might now take a back seat for a while. IMO

Previous RNS also states:-

The Board believes the Company can begin INITIAL drilling operations to fulfil this timing obligation.

Extension to spud date also applied for.

If we CH can get 16-2 and 36-2R on production by end of Q4 then we are laughing !

16-2 Testing was:-

The well was successfully drilled, completed, and tested in December 2021. Initial production rates peaked at approximately 1,100 barrels of oil equivalent per day despite production being constrained and heavily choked throughout the initial production test

Two weeks to commence flow testing and approx 10days to complete. So by this time next month we should be happy people.

Good update and CH keeping us well informed.

Must be due an update on this very soon:-

The Agreement includes a provision that the Commitment Well is to be spudded before 30 June 2024. The Board believes the Company can begin initial drilling operations to fulfil this timing obligation, and alternatives to extend the deadline may also exist. To date, the Company has received multiple informal proposals regarding potential funding for 100% of the drill at the asset level, and the Board is currently considering the best alternatives to maximise the value from this exciting opportunity for Zephyr's Shareholders.

The Company will provide an update on the above matters in due course.

The well further confirms the presence of hydrocarbons within a large structural compartment,

🤑🤑🤑🤑🤑🤑

Looks like its ready to blow the doors off to me!

Hopefully a good week ahead.

Apologies for spelling FARE

Molatovkid... fair point on the comparison, but come final figures for FY2023 the market will see a significant drop on BOEPD and Revenue compared to FY2022. As such we need 36-2R to come good and much more information on infrastructure and non producing wells (16-2) to get the Gas and oil to market.

FY2022 figures of 1410 boepd so no increase as far as I am concerned, revenue will be down to as hedging price much lower now too.

Definitely need 36-2r to hit good production rate.