Member Info for Zebediah16

what does this mean??

"The Company has identified a further 2 wells to be included in its ESP Upgrade Programme and will provide an update as appropriate. Any previous production objectives announced by the Company in relation to its ESP Upgrade Programme no longer reflect the outlook of Zenith's new operational management. "

MP wasn't delivering results becasue there was a lack of detailed geological study underpinning what he was doing. And he would have probably succeeded with Z21 with a more powerful rig . IMO he just got frustrated and this job wasn't working for him . Sometimes it happens

"AC sorry to bump into you like this but I've been worrying about M195. And the pressure at the wellhead of Z21 "

AC laughs, zips up his fly and walks about. Nope public toilets don't work either

Some said earlier they have very little income for development work. The operations manager has left and the new one is yet to start. So possibly they are conserving money and betting the farm on these rigs from BW robotics. And it may be politically unwise to hire and fire staff

Not something that AC would lay out explicitly in emails

looks like they pulled it out of storage IMO Which could be a good thing or bad thing

True but this is BW robotics and they quoted 90 days some moons ago. Look at it this way - the rig is not being used by somebody else, its been worked on. Looks like a service repair. The complex assemblies are intact

Do they even have to paint the pipework? I would just spray some Hammerite on the rusty bits . Should we send some over?

The BD 260 rig is not the same as the BQ 500 rig family. This rig is being refurbished and is having some welding work and replacement pipe fittings by the looks of things. I'm not sure it will need 65 containers , isn't that the spec for the BQ series?

I wouldnt be too pessimistic about timescales - it could be on its way next week

Exhik "65 trailers at azer customs would be interesting. It will look more like a missile launch pad than any rig they have seen before."

Not if its one container truck making 65 trips :lol:

It delays it by another month.

I would push the up and running date to mid October. Does any one have any idea of the transit times between Italy and AZ?

Its the bureaucratic blame game going on.

Anyway its not the IPPC permit thats important, its the other permits to enter the wells. What good would the IPPC do - there is no money to build the plant and there is no raw gas to feed it

" not the britest bunch!"

you were being ironical I trust

Anybody will buy anything for a price. But not 1.5 p. CMG is drawing in the traders (or trying to and failing miserably)

DaveWin

there are / were many red flags . Permits to re-entry pg10 and pg11 were such a red flag becasue that requires fracking Some of these were ironically highlighted in the presentation to the Oil Capital Conference in Feb

ever been to a car boot sale. Somebody will buy any old tat as long as its priced accordingly

Its all so elusive

Many companies still aren't into this internet marketing thingy. Their market is small and introverted and is based on personal contacts. A salesman should know everybody in the business

thats my explanation for the limited amount of detail and I'm sticking to it :lol:

the nasty people were those ramping this share

"Investment that would have created SLOVENIAN jobs. "

How many Slovenian Jobs? Very very few I wager. The jobs are in running the pipe distribution system. Importing gas is not a problem becasue they pay for it in Euros. If it was their own currency then AST would have had its permit

it feels like they are not sure about fracking. Earlier they said it was safe . Perhaps the political climate is changing, becasue these arguments are mostly political

dont think they are buys, just an intra MM transfer of shares. Seen it happen a lot

Or these buys were coordinated with the RNS and somebody is holding CH hostage

maybe its Slovenian capitalists moving in now that CH has been muscled out :lol: Who knows but DYOR and stay alive