Member Info for Womo

Good Luck All

Baron61... That's stretching it a bit too far!

Locked in the safe and HOLD!

That could go the same way in a JV. This is looking very positive from here.

So this is the snowy SLOW stage! Bring it on.

Hmmm...so we have.

Certainly nothing to do with the news this morning.

I just switch off JAVA in settings.

Webinar just finished.... There are still a few if's, but's and maybe's but not surprising with the challenges ahead.

In the meantime Slawson wells should be producing 600 BOEPD

1000 Trades, 50milion volume, 10p Push!!!!!

Saxondale, 30p is a bargain.... 10p is daylight robbery.

I think a few people have misjudged the size of these Slawson wells (me included). 550,000 even at a hedged price of $80 is $44m to Zephyr and that is being conservative.

Kick on!!!!!!! Haven't got a clue what's going on but loving it. GLA

Kenny, Not sure why you have a feeling in your water....and making it known, prior to the Webinar and Q&A session.

RNS of 18th Oct clearly states:-

"Finally, with production from our non-operated portfolio expected to grow significantly in the fourth quarter, we are fully funded for all planned work on the existing portfolio, with room left for further acquisition opportunities and additional drilling in 2024."

Also - £3m was raised recently to cover temporary shortfall against 36-2, all recoverable from the Insurance company.

SP Looking a bit more positive today in advance of this. Kick on!

There is a section at the bottom of the registration form to put any questions to CH.

Turner Pope webinar-Q&A registration is now open:-

https://www.turnerpope.com/investor-evenings/webinars/

Can't see any link to the Webinar yet.. Nothing on TP website. Please post if you can find anything.

A good Proactive update today and hopefully more detailed information from the Webinar/Q & A session on 1st Nov.

I must admit its been a bit of a slog here with limited communications from the BOD...Hopefully we will be able to see a way forward for Zephyr from the Webinar.

Good to hear that the Gas infrastructure and pipeline will be operation soon....(CH's words)

I have been looking for any estimates on BOPD from the Slawson wells but can't find anything. (Maybe a question to put forward). But the BOD commitment to hold off any further dilution sounds like the wells will bring in good revenue.

Tiger by the Tail!!! Lets hope so.. GLA

Yes... If Zephyr can get to production testing of 36-2, sort 16-2, gas plant and the pipeline tie in by end of Q1 2024 and in the meantime increase BOPD through the Slawson wells then this will also increase cash flow and at that point I am hoping for JV involvement.

It could all change very quickly from here.

Info from recent TP Research note:

Williston non-operated assets - High-margin production with significant near-term potential.

Paradox project expected to shortly enter an inflection point.

Upcoming news flow for both the Group’s operated and nonoperated assets during this period could possibly include the following:

• Continued progress with insurance claims and move to new drilling following State 36-2 well control

incident;

• State 36-2 well production test results;

• Updated CAPEX and drilling plans (dependent on State 36-2 well production test results);

• Potential discussions with third-party processing companies in preparation of Dominion’s gas supply

pipeline accepting initial volumes from 36-2 in Q4 2023/Q1 2024;

• Updated Competent Persons Report (post State 36-2 well production test);

• Details of mitigation solution and move to initial production for State 16-2 and;

• Initial production volumes from the Slawson wells;