Member Info for Womo

Hi Adon, thanks for info but where did you find the info on the Tank Battery please?

Https://wiki.seg.org/wiki/Paradox_basin

The Cane Creek Reservoirs have produced interest from several companies, however the unconventional properties have made it difficult to produce and scale. There is currently research being done on how to efficiently produce from some of the unconventional plays in the basin. The current project being conducted by National Energy Technology Laboratory, University of Utah, and Zephyr Energy will take four years to complete and will result in the the testing to determine optimal stimulation techniques using at least one horizontal well. If the project is successful it could lead to a boom in production of the Paradox unconventional plays. There are several major pipelines within the basin including the Northwest Pipeline, Southern Trails Pipeline, and TransColorado pipeline for natural gas; the Western Refining pipeline for crude oil; and the Rocky Mountains pipeline owned by Enterprise for natural gas liquids.

Is this the start of the Boom!

Now over to H&P

Candlestick... two excellent posts.

Yes things are looking very promising here now. If 36-2R comes good then the sky is the limit. Not long to wait!

IMO Zephyr has more than enough on its plate without looking at another play (apart from Williston assets that are providing revenue).

Get this 36-2R drilled and in production and gas infrastructure... then wait for big brother to take us out or massive JV

Things starting to look exciting here again. Slawson wells back in full production, new wells online and Paradox re drill ready to start.

Thanks ant15 will take a look.... puts my mind at ease.

I have just picked up this statement from the 21st Dec RNs - There is no equity component attached to the Loan. It is expected that the Loan will be repaid through cash flows generated by the Company from the New Williston Wells or via proceeds from the Company's existing reserve backed loan facility after its next redetermination in the second quarter of 2023.

I await reply to my email in confirmation of the above.

In the Nov Corporate presentation it states that 'Repayment of related $8.6 million bridge note is due by 15March 2024 on the Slawson wells. No mention in the recent Auctus Note about this....I have emailed the company asking how this will be covered off.

SD experience is outstanding. He has our backs so just sit back and let him and the BOD do their work.... Excellent webinar so far.

With everything crossed it looks like 2024 could be the growth year for Zephyr.

Yes agree... some update on the infrastructure would be welcome and put a few at ease.

Patience Crofton.... Alex is doing just fine and receiving the first exploration licence is great news. Should be some news on Verkhuba soon as it was stated in last RNS.

Great to see that the JV work has started so soon after JV announcement in January.

Yes! Droverman - Time for SD to earn a crust.

Looks like we will have to wait a bit longer on the outcome of Senala.

Thanks Hawaii, this is usual practice with mum's - in this instance they just keep playing the spread.

However, My view is that the company is moving into a strong development phase with further JV support.

Get the drill bit going and increase the JORC and it's quids in. IMO....Good Luck all

Oil in this reservoir and lots of it. 2p reserves could go through the roof.

Great news today...keep it coming now CH

Current contract expires 17th Feb after which final accounts need to be reviewed and decision made. Maybe a couple of weeks aways yet. But what do I know, it could all be cut and dried by now.

IMO 2024 is a potential breakthrough for Zephyr.

The November Corporate Presentation gives an idea what hopefully will happen... so pays your money and takes your choice!

https://www.zephyrplc.com/presentation-apr23-2/