Member Info for Zebediah16

well things here grind exceedingly slowly

Congrats to all those who bought in below 2.5. I missed out

Bring back Mike Palmer !

Could be BLOE SP will arrive at ZEN levels ( just IMO) . However BLOE Mgt are a bit more astute - they raised money when then SP was much higher, not at the bottom

No prediction here just a hypothesis - idle speculation :-)

thats very true but its like fighting the last war over again. GLR crashed last time becasue of Concordia didn't live up to the open pit mine concept that CB had. He canned it

you havent missed the boat becasue the timelines are long and there are milestones to pass. But the business model seems good and atleast this time the resource is looks to be proved

it says "utilise the Company's two workover rigs for high intensity well preparation for well deepening "

that presumably means the A80 and A100 truck mounted rig. So A100 was pushed back as a low priority. If you dont have the rig to deepen a well then you dont need the A100, one can theorise ;-)

"I wonder if the company that they bought it from are even slower than zenith "

thats also a good point

thanks sea7 I knew it was longer than a year

£250k is not a lot in the scheme of things - so why wasn't it in use before. Me thinks this company was in complete disarray for around a year .

Hopefully we are back on track

mis: We now need an update on the plan for where the A100 is going.

seconded

thats what I mean. They probably didn't have money to pay for the A100 rig, or perhaps it wasn't deemed to be a priority. The well workover programme was apparently abandoned. But if it can workover a well like Z21, perhaps it should have been running 6 months ago. You can always find the money.

Never understood some of the thinking here

oh thats right, it was just a red flat bed truck. So the truck rig arrived , but whats the intended usage ?

The A80 rig has been working over wells for the big rig . If its a workover rig, it could have been used before. Did they not have money to pay for the rig?

does anyone understand the "A100 rig being prepared for delivery" tweet. It looks pretty much in the same state it was a year of so ago.

Have they brought it out of storage ?

could be studying the geology comparing it to whats expected. You know like checking the boundaries to each formation . Could be just random sampling. Could be an oil soaked sample . With ZEN its difficult to say. The messaging is sparse , done from Italy no doubt

I think its safe to assume they are a week to 10 days behind whatever stage we think they are at

I guess no tweets for a while unless you want to stare at a rotating drill pipe again

so worst case scenario prepare for the ****** of all blowouts . ;-) Hope that BOP holds

This must have been a scenario that the Soviets faced many time , with drilling blind for intents and purposes

oh well another week gone. Lets hope they have something cooked up for Monday 7:00 AM

A single item will do. What single item of positive news can you name to date, all the time you've been invested here ?

what would you have: Twitter or no Twitter?

I thought the drill pipe would be rotating as they ran in it? Less likely to get stuck

that operation must be required every 30 metres, so plenty of practice. You need to operate like a team, nobody needs to say what to do

all this means they must have extracted core samples from the first targeted zone, as discussed. So now we wait for actual results !!