Member Info for Zahrab4b

It normally uses Las Palmas. Planning to stay in Morocco for some time?

Why have they not yet updated the market?

The well was P&A eight days ago. As a "disappointing" well, surely there is not much to analyze?

Until we have specifics on the b sands i guesd they cannot buy.

Are they in a closed period ?

Very valid point, Surfit

With he well p&a 8+ days ago, any thoughts on what the ongoing activity could relate to?

The supply vessel, the Siem Symphony, is on route to the Stena Forth, which remains on ANCHOIS.

Thoughts?

https://www.marinetraffic.com/en/ais/details/ships/shipid:1253790/mmsi:258737000/imo:9690066/vessel:SIEM_SYMPHONY

6 miles AND

'we did demonstrate the extension of gas bearing reservoirs in the main appraisal B sands albeit with thinner columns than estimated and data acquired from the other reservoirs will be useful for our understanding of the field. 

Suerty

I think they are joined up. ENOG also said 'Further updates to follow once Anchois-3 ST drilling operations and ongoing technical evaluation are complete'

Yet 7 days after the p&a, there is silence.

Volume picking up. Confirmation that ENOG is still in the game (I believe 100% they are), and the share should do very well (e.g. multi bags) from below 2p.

Bdc

Still no word from Enog.... taking a long time to assess the 'dry' hole

See below

Transcript of Enog CEO audio link

"At the end of the day the commerciality or not of a development depends on the gas price that is available for the development, so there is gas there as we are saying on the RNS not as much as we hoped or as we expected but the commerciality or not will depend very much on the type of development and the negotiations we will have to have with the Moroccan government about gas prices so I think it's early days I will not comment any further i think its only appropriate to wait for operation to finish then of course we will update the market as we should today we gave everybody a head ups based on what we have seen so far, but it's early days and we have to finish the work first "

https://drive.google.com/file/d/1M6WvdNz75s72l3NdVwu4kGNgNVHyP-M0/view?usp=drivesdk

Looking good!

A3 drill campaign is over = fact

Ship demob from A3 = fact

What happens next = guess

Nothing said in the last RNS prevents SF from heading to A2

Fair enough, Happy.

Hopefully all will be cleared up this week.

SF still on location! Even the doubters must now be curious

I am becoming more and more convinced that ENOG will proceed to FT A2 and proceed with a smaller development.

It could be denial on my part. We shall see.

Gordon,

What was the discount for the raise at 6.5p?

Regardless, if ENOG intends to FT A2, I believe the share price returns to 6.5p

I would disagree, Star. If AP still sees high potential for Anchois, he will not give up his stake cheaply. He will raise more cash, and not necessarily at a discount.

Thanks, Jimmy.

On point 2, could logging and sampling follow P&A? CHAR said last Monday that the main hole was now plugged and abandoned.

On point 3, how quickly could the data be calibrated?

On point 4, ENOG certainly has maximum leverage at this point, but I have no idea how agile the Moroccan government is in making quick decisions.

The fact that we’ve not yet heard anything final from ENOG and that the SF remains on location is giving some hope....

Fingers crossed for a positive week ahead.