Zenith Energy - Oljen priset til usd 1 pr fat?
Er dette blant de billigste olje selskapene pr dags dato? Er oljen de eier priset til ca usd 1 pr fat? I tillegg til olje produksjon, selger også selskapet gass og strøm. Bare strøm produksjonen som selskapet har i Italia, tjener selskapet nok penger til å forsvare hele børs verdien på kr 180 millioner
"Electricity prices during the month of March 2022 averaged approximately EUR 295 per MWh, resulting in net revenues of approximately EUR 300,000 per month. Zenith’s current net production costs remain fixed at approximately EUR 35,000 per month"
https://newsweb.oslobors.no/message/558660
"Oil production:
Zenith has reported production from its Tunisian assets in the first half of 2021/22 at 517 b/d. Shipments were somewhat lower at 371 b/d. Significantly, production in Tunisia was running at 650 b/d net in late September including conditional SLK output. Zenith suggested that 1,000 b/d is possible by the second quarter of 2022 assuming successful workover and drilling activity
Tunisia work programme:
Zenith has interests in four producing licences in Tunisia. At Robbana in the south of the country the workover of the ROB-1 well was successfully
completed in early Q4 2021. Production was boosted from approximately 20 b/d to 100 b/d. Near-term, the work programme in Tunisia involves drilling a vertical well at Robbana and two side-tracks in non-producing wells at the Ezzaouia also in the south of the country. The objective is 1,000 b/d for the latter while for the former we believe 500 b/d might be possible. The cost of US$2.5m is underpinned by the recent US$4m equity raise
Valuation and financing
Reflecting the sometimes difficult operating and business environment, valuations for undeveloped resources in Nigeria are modest. We believe valuation might well be less than US$1/barrel. If we assume US$0.5/barrel and 233mm barrels of resources for the two discoveries the valuation would be US$117m. A 42% interest would therefore be US$49m which implies significant headroom vis-à-vis the US$20m as per the OML 141 option agreement.
Zenith has indicated that plans have already been finalized for drilling the Barracuda 5 well (B-5). Apparently, all the necessary civil engineering work has been undertaken for the well including dredging and site clearance. The well location is between two previously drilled wells which have encountered ‘significant hydrocarbons’. The indications are that drilling will commence in January 2022. In a success case Zenith has indicated that production is expected to start immediately using a barge-mounted early production facility. Production could commence during the second quarter of 2022 at a rate of approximately 4,000 b/d, according to Zenith. Further development is expected with the locations for Barracuda wells 6, 7 and 8 already identified. If Zenith chooses to exercise
the option agreement, there will, therefore, be an ongoing corporate and development financing requirement"
Informasjon hentet fra linkene under
Prospektet 4.3.2022
https://wp-zenith-2020.s3.eu-west-2.amazonaws.com/media/2022/03/315-033-Prospectus-2022-final-approved.pdf
Analyse fra Allenby Capital 14.12.2021:
https://www.allenbycapital.com/our-research/?msclkid=f7a374b5c7a911ecaa511cb87e0b4104&fwp_research_client=2618
Børs meldinger fra selskapet:
https://newsweb.oslobors.no/search?category=&issuer=12675&fromDate=&toDate=&market=&messageTitle=
"Electricity prices during the month of March 2022 averaged approximately EUR 295 per MWh, resulting in net revenues of approximately EUR 300,000 per month. Zenith’s current net production costs remain fixed at approximately EUR 35,000 per month"
https://newsweb.oslobors.no/message/558660
"Oil production:
Zenith has reported production from its Tunisian assets in the first half of 2021/22 at 517 b/d. Shipments were somewhat lower at 371 b/d. Significantly, production in Tunisia was running at 650 b/d net in late September including conditional SLK output. Zenith suggested that 1,000 b/d is possible by the second quarter of 2022 assuming successful workover and drilling activity
Tunisia work programme:
Zenith has interests in four producing licences in Tunisia. At Robbana in the south of the country the workover of the ROB-1 well was successfully
completed in early Q4 2021. Production was boosted from approximately 20 b/d to 100 b/d. Near-term, the work programme in Tunisia involves drilling a vertical well at Robbana and two side-tracks in non-producing wells at the Ezzaouia also in the south of the country. The objective is 1,000 b/d for the latter while for the former we believe 500 b/d might be possible. The cost of US$2.5m is underpinned by the recent US$4m equity raise
Valuation and financing
Reflecting the sometimes difficult operating and business environment, valuations for undeveloped resources in Nigeria are modest. We believe valuation might well be less than US$1/barrel. If we assume US$0.5/barrel and 233mm barrels of resources for the two discoveries the valuation would be US$117m. A 42% interest would therefore be US$49m which implies significant headroom vis-à-vis the US$20m as per the OML 141 option agreement.
Zenith has indicated that plans have already been finalized for drilling the Barracuda 5 well (B-5). Apparently, all the necessary civil engineering work has been undertaken for the well including dredging and site clearance. The well location is between two previously drilled wells which have encountered ‘significant hydrocarbons’. The indications are that drilling will commence in January 2022. In a success case Zenith has indicated that production is expected to start immediately using a barge-mounted early production facility. Production could commence during the second quarter of 2022 at a rate of approximately 4,000 b/d, according to Zenith. Further development is expected with the locations for Barracuda wells 6, 7 and 8 already identified. If Zenith chooses to exercise
the option agreement, there will, therefore, be an ongoing corporate and development financing requirement"
Informasjon hentet fra linkene under
Prospektet 4.3.2022
https://wp-zenith-2020.s3.eu-west-2.amazonaws.com/media/2022/03/315-033-Prospectus-2022-final-approved.pdf
Analyse fra Allenby Capital 14.12.2021:
https://www.allenbycapital.com/our-research/?msclkid=f7a374b5c7a911ecaa511cb87e0b4104&fwp_research_client=2618
Børs meldinger fra selskapet:
https://newsweb.oslobors.no/search?category=&issuer=12675&fromDate=&toDate=&market=&messageTitle=
Svartsyn
04.05.2022 kl 08:48
4596
Hei alle sammen.
Idag ligger det kjøpere på 0,101 -2 millioner aksjer. Og på 0,9 ligger kjøp på 3 millioner.
Det kan være at "noen" kjører et stopp loss ,stunt.
Så glem den funksjonen idag.
Det er mulig at noen ønsker seg 5 millioner aksjer.
Obs. Dette er bare en teori og ingen eksakt sannhet.
Ha en flott dag alle som en.
Idag ligger det kjøpere på 0,101 -2 millioner aksjer. Og på 0,9 ligger kjøp på 3 millioner.
Det kan være at "noen" kjører et stopp loss ,stunt.
Så glem den funksjonen idag.
Det er mulig at noen ønsker seg 5 millioner aksjer.
Obs. Dette er bare en teori og ingen eksakt sannhet.
Ha en flott dag alle som en.
Hektor
04.05.2022 kl 09:18
4575
I morgen er det rettsak høring for ADM Energy. Vi får se om vi får en RNS fra ADME angående Barracuda og Noble Hill om noen dager. Sjefen til Noble Hill var i hvertfall på LinkedIn siden til Andrea for noen uker siden ;)
Fryden
04.05.2022 kl 09:30
4555
Håper ZENA holder seg unna Nigeria foreløpig, selv om det åpner seg muligheter. Magefølelsen for at de blir ræv..... der er meget stor.... De bør konsentrere seg om Congo og Tunisia, de har p.t ikke management til å gå inn i flere land.
Barneskirenn
04.05.2022 kl 09:42
4502
Enig. De må ha fullt fokus på Tilapia. Få landet den lisensen.
kaunis
04.05.2022 kl 10:13
4493
100% på Tunisia først og få fingern ut der, dette går for sent. Så bruker en tid en har til overs på Tilapia, for der er det Sirup som er topp farten, her jobbes det sikkert med "hvordan få mest mulig ut av denne saken til egen vinning" ser det ut til. Aksjekursen har ingenting med selskapets drift å gjøre og oljeprisen, men med spillet som utøves av de som har kapital nok til å leke mus og katt. Med den høye oljeprisen vi no har hatt over flere mnd, burde aksjekursen vært mye høyere en dagens. De som selger kan ikke være oppegående aksjonærer som er inne i aksjen for å tjene penger på en høy oljepris. Så hvem er det som over flere mnd selger og selger å selger??????
Viking_I
04.05.2022 kl 10:17
4470
Nigeria Barracuda is 8 times bigger reserve than current Zenith reserve and proved reservoir with P90- 275mmbbl (Zenith 42% - 115.50mmbbl) & 2P reserve of about 397mmbbl (Zenith 42% -166.4mmbbl ) will give costing above 20 to 50 times above from here with current oil scenario.
Redigert 04.05.2022 kl 10:24
Du må logge inn for å svare
BMU
04.05.2022 kl 11:01
4421
https://e24.no/internasjonal-oekonomi/i/1O4vrG/eu-kommisjonen-vil-innfoere-forbud-mot-russisk-olje?referer=https%3A%2F%2Fwww.vg.no
Og de for en eller ant merkelig måtte hade Jeg anelse at de kommer til å sje,de går ikke an å vare så energy avhengig av en regime som stor for aneledes verdier og synspunkter om verdenssamfunn.
Nå er de den største muligheten for Zenith til å bli noe hawy Company. Selfølgelig med riktig bekjentskap av riktige folk på begge sidene av havet,de tror Jeg AC er flink til de,har erfaring......
Derfor investerte Jeg i Zena tidlig, om Jeg tar de feil de tiden vil vise.
Og de for en eller ant merkelig måtte hade Jeg anelse at de kommer til å sje,de går ikke an å vare så energy avhengig av en regime som stor for aneledes verdier og synspunkter om verdenssamfunn.
Nå er de den største muligheten for Zenith til å bli noe hawy Company. Selfølgelig med riktig bekjentskap av riktige folk på begge sidene av havet,de tror Jeg AC er flink til de,har erfaring......
Derfor investerte Jeg i Zena tidlig, om Jeg tar de feil de tiden vil vise.
Redigert 04.05.2022 kl 11:03
Du må logge inn for å svare
Viking_I
04.05.2022 kl 12:17
4382
Zenith Valuation
Total shares - 1872.5 million (average oil price $102)
Italy - 2.9 mmbbl - 2P reserve and $0 million loan - kr 0.15 ---------valuation quotient - 11 US$/boe
Tunisia - 7.77 mmbbl - 2P reserve and $3.5 million loan - kr 0.39-----------valuation quotient - 11 US$/boe
-------------------------------------------------------------------------------------------------------------------------------------------
Italy +Tunisia = kr 0.54
-----------------------------------------------------------------------------------------------------------------------------------------
Congo - 16.49 mmbbl - 2P reserve and $2.5 million loan - kr 0.86 ----------valuation quotient - 11 US$/boe
-------------------------------------------------------------------------------------------------------------------------------------------
Italy +Tunisia +Congo = kr 1.4
-----------------------------------------------------------------------------------------------------------------------------------------
Nigerian - 166.4mmbbl - 2P and $20 million loan - kr 5.5----------- valuation quotient - 7 US$/boe
-------------------------------------------------------------------------------------------------------------------------------------------
Italy +Tunisia +Congo+ Nigeria = kr 6.9
-----------------------------------------------------------------------------------------------------------------------------------------
Total shares - 1872.5 million (average oil price $102)
Italy - 2.9 mmbbl - 2P reserve and $0 million loan - kr 0.15 ---------valuation quotient - 11 US$/boe
Tunisia - 7.77 mmbbl - 2P reserve and $3.5 million loan - kr 0.39-----------valuation quotient - 11 US$/boe
-------------------------------------------------------------------------------------------------------------------------------------------
Italy +Tunisia = kr 0.54
-----------------------------------------------------------------------------------------------------------------------------------------
Congo - 16.49 mmbbl - 2P reserve and $2.5 million loan - kr 0.86 ----------valuation quotient - 11 US$/boe
-------------------------------------------------------------------------------------------------------------------------------------------
Italy +Tunisia +Congo = kr 1.4
-----------------------------------------------------------------------------------------------------------------------------------------
Nigerian - 166.4mmbbl - 2P and $20 million loan - kr 5.5----------- valuation quotient - 7 US$/boe
-------------------------------------------------------------------------------------------------------------------------------------------
Italy +Tunisia +Congo+ Nigeria = kr 6.9
-----------------------------------------------------------------------------------------------------------------------------------------
Redigert 04.05.2022 kl 12:29
Du må logge inn for å svare
BMU
04.05.2022 kl 12:50
4316
So naw we haw time frame of 180 days if at list 50% of your calculations gats complete we shut be sutesfayd with our investment. Its op to faith and lock,AC and co. haw don they job, it depends of others now to gat complete/sighn contracts and after that it depends on Zenith haw thay ar do in the future.
Redigert 04.05.2022 kl 12:56
Du må logge inn for å svare
Viking_I
04.05.2022 kl 13:43
4231
Currently oil price is $109 and valuation is divided in 3 scenario.
Scenario 1 is currently available to Zenith Italy and Tunisia $3.5 loan is considered for EBB3 workover and valuation is around kr 0.54 which is 5 times more than current share price. (100% chance of success)
Scenario 2 is Tilapia II to Zenith with addition to Tunisia and Italy Drilling cost $2.5 million which gives kr 1.4 which is 14 times more than current share price. (90% chance will happen before end of 2022).
Zenith having debt less than $10 million and oil sale of $11.4millon and receivable from SNPC $5.7 million makes it 0 debt end of 2022.
Scenario 1 is currently available to Zenith Italy and Tunisia $3.5 loan is considered for EBB3 workover and valuation is around kr 0.54 which is 5 times more than current share price. (100% chance of success)
Scenario 2 is Tilapia II to Zenith with addition to Tunisia and Italy Drilling cost $2.5 million which gives kr 1.4 which is 14 times more than current share price. (90% chance will happen before end of 2022).
Zenith having debt less than $10 million and oil sale of $11.4millon and receivable from SNPC $5.7 million makes it 0 debt end of 2022.
Redigert 04.05.2022 kl 13:50
Du må logge inn for å svare
Konjagi
04.05.2022 kl 13:51
4219
"Scenario 2 is Tilapia II to Zenith with addition to Tunisia and Italy Drilling cost $2.5 million which gives kr 1.4 which is 14 times more than current share price. (90% chance will happen before end of 2022)."
I should really like to see your analysis for 90% chance before end of this year
I should really like to see your analysis for 90% chance before end of this year
Fryden
04.05.2022 kl 13:59
4229
Nigerian figures in your spreadsheet looks gorgious on paper, but if you ever think that these figures will be real in ZENA financial reporting. Keep on dreaming .... from my view with glasses on.
Viking_I
04.05.2022 kl 14:45
4155
I am not focusing on Nigeria but if Zenith enters into agreement again after court case settlement it will be dream opportunity for zenith as field also having substantial gas reserve which they can use for electricity generation and Europe also replacing Russian Gas and Nigeria also supplying to Europe currently.
Nigeria kan bli virkelig stor! De store resursene og vi kan få raskt økt produksjon mot 5-10.000 boe/d!
Konjagi
04.05.2022 kl 14:59
4110
Det virker som noen tror at Nigeria kommer uten investeringer, og er det en plass i verden TTT, som er vi i episenter av et venterom :-)
For meg er Nigeria ensbetydende med ukontrollerte "penger under bordet"
For meg er Nigeria ensbetydende med ukontrollerte "penger under bordet"
Viking_I
04.05.2022 kl 15:11
4082
I already consider $20 million loan while doing valuation and Zenith also planned payment schedule. Only good thing is Zenith will have initial cash now after oil sale in June.
Redigert 04.05.2022 kl 15:41
Du må logge inn for å svare
Svartsyn
04.05.2022 kl 15:41
4029
Er et hundre prosent enig med deg Konjagi.
Tror ikke folk forstår hva
som kreves av kapital,for å i hele tatt starte opp i Nigeria.
La heller Zenith videreutvikle det vi har i Tunisia og Italia.
Og håpe på at Tilapia går vår vei.
Da har vi organisasjonsmessig mer enn nok å bryne oss på.
Virker som at folk tror at oljefeltene har tønnene/fatene stablet på overflaten,sånn er det absolutt ikke. Ironi, men dog sannhet.
La oss ta det steg for steg isteden.
Ha en flott dag alle som en.
Tror ikke folk forstår hva
som kreves av kapital,for å i hele tatt starte opp i Nigeria.
La heller Zenith videreutvikle det vi har i Tunisia og Italia.
Og håpe på at Tilapia går vår vei.
Da har vi organisasjonsmessig mer enn nok å bryne oss på.
Virker som at folk tror at oljefeltene har tønnene/fatene stablet på overflaten,sånn er det absolutt ikke. Ironi, men dog sannhet.
La oss ta det steg for steg isteden.
Ha en flott dag alle som en.
Viking_I
04.05.2022 kl 15:45
3986
For those who talk bankruptcy
Zenith debt of EUR 8,629,660 at end of Sep 2021 (half year report)
Zenith paid debt of EUR 3,873,105 from December till now.
Remaining debt EUR 4,756,555 or USD 5,016,714
Oil sale of oil total $11.2 million until June + Italian electricity payment average EUR 250,000 per month profit from last 5 month
Zenith debt of EUR 8,629,660 at end of Sep 2021 (half year report)
Zenith paid debt of EUR 3,873,105 from December till now.
Remaining debt EUR 4,756,555 or USD 5,016,714
Oil sale of oil total $11.2 million until June + Italian electricity payment average EUR 250,000 per month profit from last 5 month
BMU
04.05.2022 kl 15:48
4360
Dette kan gå til lang vente tid selv om ADME taper i retten. Vet ikke kanske di har anke frist og di bruker den. Min eneste håp at di går konkurs men de virker litte sanselig nå i den tiden,eventuelt di må vare en utspekulert, amatør selskap som er bare på pappire.
Pr idag er Congo og Nigeria parkert i en mørk bakgate.
Minner mye om en bil hvor brekket har låst alt fast.
Bilen fikk jeg orden på ..
Minner mye om en bil hvor brekket har låst alt fast.
Bilen fikk jeg orden på ..
jantt
04.05.2022 kl 16:58
4252
Som jeg regnede med og sagde igår så faldt kursen tilbage idag og det gøre den sikkert mere i morgen, desværre
Var det ikke 20 millioner dollar. Dette inkl. Boring av noen brønner og eierskap på ca. 43%.
Første brønn forventer 6000 boe/d?
De kan vel starte kjapt uten noen myndigheter må godkjenne?
Første brønn forventer 6000 boe/d?
De kan vel starte kjapt uten noen myndigheter må godkjenne?
Redigert 04.05.2022 kl 18:59
Du må logge inn for å svare
Kan du ikke selge deg ut nå, så får du ro:)
Pessimist1
04.05.2022 kl 19:02
4142
You need to include the 2.0 million dollars, they got in loans in the financing update RNS.
jantt
04.05.2022 kl 19:02
4118
didn`t you that say that after the info on that money from oilsale came, them the shareprice would rise big time ? Where is it ?
Hektor
04.05.2022 kl 19:09
4114
Ja, det ble sagt i RNS. Ikke avhengig av eksterne eller myndigheter for godkjenning. Tenker at Nigeria er en bonus og kanskje de får en bedre pris denne gangen.
jantt
04.05.2022 kl 19:09
4122
Slettet brukerskrev Kan du ikke selge deg ut nå, så får du ro:)
Nej jeg sælger ikke med så stort tab.
Der er bare nogle overoptimiske personer herinde der hele tiden lover at nu stiger kursen dramatisk og det sker bare ikke.
Info om oliesalg skulle b.la udløse stor kursstigning. Hvor er den ?
Der sker intet med kursen før større aktører køber op eller Zenith køber aktier tilbage.
Fortryder jeg at jeg gik ind i aktien ? Ja men nu holder til den forhåbentligt kommer nær 0,125 og så er jeg ude.
Det så lovende ud da jeg startede med at købe, men handlen er alt for lille til der sker noget.
Man kan flytte kursen mange procent med få tusinde kroner
Der er bare nogle overoptimiske personer herinde der hele tiden lover at nu stiger kursen dramatisk og det sker bare ikke.
Info om oliesalg skulle b.la udløse stor kursstigning. Hvor er den ?
Der sker intet med kursen før større aktører køber op eller Zenith køber aktier tilbage.
Fortryder jeg at jeg gik ind i aktien ? Ja men nu holder til den forhåbentligt kommer nær 0,125 og så er jeg ude.
Det så lovende ud da jeg startede med at købe, men handlen er alt for lille til der sker noget.
Man kan flytte kursen mange procent med få tusinde kroner
Hektor
04.05.2022 kl 19:22
4181
Mange optimister på andre tråder også, du kan også lett kjøre kursen opp eller ned på andre selskaper også. Oljeprisen bra opp i dag, ligger på 110 nå, om det er bra for Zenith er det sikkert delte meninger om.
At vi skal opp i morgen er vell rimelig sikkert.
At vi skal opp i morgen er vell rimelig sikkert.
Redigert 04.05.2022 kl 19:22
Du må logge inn for å svare
Frodon
04.05.2022 kl 19:29
4194
Hvorfor kjøpte du aksjer i Zena? Synes du aksjen er dyrt priset? Nå har de nettopp betalt et lån, hvor det ble trykket mye nye aksjer. Totalt 80 millioner aksjer ser det totalt ut som fra dette lånet, som sikkert er dumpet ut i markedet. Nå slipper vi mer trykking av nye aksjer fra det lånet, som er veldig positivt
jantt
04.05.2022 kl 19:32
4205
nej det så nemlig godt og at ceo købte 34 mill aktier styrkede også troen.
problemet er bare at der er alt for mange og for lidt handel til at der sker noget
problemet er bare at der er alt for mange og for lidt handel til at der sker noget
Fakevenues
04.05.2022 kl 19:45
4206
Det suste en artikkel forbi i dag om at det i USA begynner å bli et skifte blant de yngre når det gjaldt aksjer, nå begynner de å kjøpe verdi-aksjer og det er energiselskaper det går i. Så da er det vel ikke lenge før den trenden treffer her på berget også..... ZENA er pt underpriset med dagens produksjon, så nå er det bare å få noen bekreftelser så kan det bli liv her.
Konjagi
04.05.2022 kl 19:53
4180
Håper det ikke går for lang tid til trenden snur her på bjerget også. Nok tull med å vase pengene bort på luftslott som den grønne næringen har forårsaket. Litt uro som nå i øst, bare beviser at ønsketenkning ikke holder (vann) vind eller hydrogen
Frodon
04.05.2022 kl 22:36
4055
Det var også en av grunnene til at jeg kjøpte aksjer her ;) Og nå får vi kjøpt aksjer like billig selv ;) Det er ikke så mye jeg kan love deg. Men det er en ting jeg vet helt sikkert på børs, en innsider med mye aksjer jobber hardt for å øke verdiene sine....som igjen kan øke dine verdier ;)
31.01.2022
"Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA), the listed international energy production and development company, is pleased to announce that its Chief Executive Officer, Mr. Andrea Cattaneo, has notified the Company that he has today purchased a total of 39,029,728 common shares of no par value ("Common Shares") in the capital of the Company on the London Stock Exchange at a price of £0.00825 per Common Share (equivalent to approximately NOK 0.10).
Following the dealing, Mr. Cattaneo is directly beneficially interested in a total of 102,468,240 common shares in the capital of the Company, representing 5.47 percent of the total issued and outstanding common share capital of the Company"
https://newsweb.oslobors.no/message/552325
31.01.2022
"Zenith Energy Ltd. ("Zenith" or the "Company") (LSE: ZEN; OSE: ZENA), the listed international energy production and development company, is pleased to announce that its Chief Executive Officer, Mr. Andrea Cattaneo, has notified the Company that he has today purchased a total of 39,029,728 common shares of no par value ("Common Shares") in the capital of the Company on the London Stock Exchange at a price of £0.00825 per Common Share (equivalent to approximately NOK 0.10).
Following the dealing, Mr. Cattaneo is directly beneficially interested in a total of 102,468,240 common shares in the capital of the Company, representing 5.47 percent of the total issued and outstanding common share capital of the Company"
https://newsweb.oslobors.no/message/552325
Viking_I
05.05.2022 kl 09:01
3868
Please inform these analyst regarding logic of oil under ground and above the ground.
Jokers come here for only spread negativity.
https://wp-allenby-2020.s3.eu-west-2.amazonaws.com/media/2021/12/20211214-Zenith-Energy-ZEN.L-Allenby-Capital-Interims.pdf?c2642=on
Jokers come here for only spread negativity.
https://wp-allenby-2020.s3.eu-west-2.amazonaws.com/media/2021/12/20211214-Zenith-Energy-ZEN.L-Allenby-Capital-Interims.pdf?c2642=on
Fakevenues
05.05.2022 kl 11:24
3762
Forstår du ikke Spansk, så er det bare å sette tekst til Engelsk.
20.000 BOD innen utgangen av 2023
https://www.youtube.com/watch?v=vPwLu-tia7U
20.000 BOD innen utgangen av 2023
https://www.youtube.com/watch?v=vPwLu-tia7U
Viking_I
05.05.2022 kl 11:43
3711
For 20000 bopd require some road map, Nigeria and Tilapia is one of them to reach 5000 to 8000 bopd at the end of 2022.
From - https://newsweb.oslobors.no/message/548053
"NHNL will use the Consideration to fund the drilling of B-5. The Company has been informed that the drilling location for B-5 has already been acquired by NHNL and all necessary civil works (including dredging and clearing of the designated well location) have been performed in preparation for the mobilisation of a barge-mounted drilling rig.
A suitable and fully inspected drilling rig has been identified and a site visit is planned in mid-December 2021, with the expectation of signing a drilling contract in January 2022 to begin operations during the first quarter of 2022. Production from the Barracuda oilfield is expected to begin during the second quarter of 2022 at a rate of approximately 4,000 barrels of oil per day.
Further development and drilling activities are planned to follow the drilling of B-5, with the locations for Barracuda wells 6,7 and 8 having already been identified. In the event the Option was exercised, and Zenith thereby held 42% of NHNL, it would only be required to fund its share of future development work."
Tunisa - in summer 1000 bopd with EBB-3 and workover in SLK - 1800bopd at end of 2022
Congo - 5000 bopd - 60% to Zenith - 3000 bopd (AAOG planned 9 wells after upgradation of refinery facility)
4 wells with 16000 bopd - 42% to Zenith - 6720 bopd
Total - 1800 + 3000 + 6720 = 11520 bopd possible in 2023 its gold.
From - https://newsweb.oslobors.no/message/548053
"NHNL will use the Consideration to fund the drilling of B-5. The Company has been informed that the drilling location for B-5 has already been acquired by NHNL and all necessary civil works (including dredging and clearing of the designated well location) have been performed in preparation for the mobilisation of a barge-mounted drilling rig.
A suitable and fully inspected drilling rig has been identified and a site visit is planned in mid-December 2021, with the expectation of signing a drilling contract in January 2022 to begin operations during the first quarter of 2022. Production from the Barracuda oilfield is expected to begin during the second quarter of 2022 at a rate of approximately 4,000 barrels of oil per day.
Further development and drilling activities are planned to follow the drilling of B-5, with the locations for Barracuda wells 6,7 and 8 having already been identified. In the event the Option was exercised, and Zenith thereby held 42% of NHNL, it would only be required to fund its share of future development work."
Tunisa - in summer 1000 bopd with EBB-3 and workover in SLK - 1800bopd at end of 2022
Congo - 5000 bopd - 60% to Zenith - 3000 bopd (AAOG planned 9 wells after upgradation of refinery facility)
4 wells with 16000 bopd - 42% to Zenith - 6720 bopd
Total - 1800 + 3000 + 6720 = 11520 bopd possible in 2023 its gold.
Redigert 05.05.2022 kl 11:56
Du må logge inn for å svare
Svartsyn
05.05.2022 kl 11:49
3747
Hallo Viking l
I am positiv and not negativ to the stock in Zenith.
But i am also realistic.
I have been working in drilling business in 35 years on a lot of oil rigs.
Numbers on a paper is one thing, oil on surface is another.
You can read your number until you are green in your face.
I still know how much work it takes before the well is producing up oil.
Work-over is one thing , side-track out off an old well is another . To make a well from surface to bottom is another.
In .Norway we say one thing.
You have to learn to walk ,before you can run.
But dont worried it gone end well.
And those guys from Allenby ,know even less than you about oil drilling.
They work with numbers like you.
Have a nice day.
I am positiv and not negativ to the stock in Zenith.
But i am also realistic.
I have been working in drilling business in 35 years on a lot of oil rigs.
Numbers on a paper is one thing, oil on surface is another.
You can read your number until you are green in your face.
I still know how much work it takes before the well is producing up oil.
Work-over is one thing , side-track out off an old well is another . To make a well from surface to bottom is another.
In .Norway we say one thing.
You have to learn to walk ,before you can run.
But dont worried it gone end well.
And those guys from Allenby ,know even less than you about oil drilling.
They work with numbers like you.
Have a nice day.
Redigert 05.05.2022 kl 13:20
Du må logge inn for å svare
Fakevenues
05.05.2022 kl 11:50
3802
They definitely need more than what they have today to convince heavy investors.
Viking_I
05.05.2022 kl 12:06
3817
(P50) P comes here for probability all field development decisions runes on these numbers with factors of uncertainty.
I am also worked in both segment in offshore & onshore including costing and planning in last one decades. There is major difference in drilling cost, planning, schedule and technicality in both sector.
1) As per numbers its is cheap share on Oslo market.
2) Until and unless civil war or major accident in field in Tunisia there is 0% chance of company will go bankruptcy. Debt is less than $6 to $8 million (will come exact number in annual report)
3) in 2022 income will be around $30 million from Tunisia + $2.5 million profit from Italy+ ($5.7 million receivable form SNPC)
4) Lower bottom is 0.08 upper limit is 1kr after Tilapia in production until that kr 0.5 (with Tunisia 1000 bopd and Italy).
5) Nigeria is bazooka if goes as per plan in this oil price scenario.
I am also worked in both segment in offshore & onshore including costing and planning in last one decades. There is major difference in drilling cost, planning, schedule and technicality in both sector.
1) As per numbers its is cheap share on Oslo market.
2) Until and unless civil war or major accident in field in Tunisia there is 0% chance of company will go bankruptcy. Debt is less than $6 to $8 million (will come exact number in annual report)
3) in 2022 income will be around $30 million from Tunisia + $2.5 million profit from Italy+ ($5.7 million receivable form SNPC)
4) Lower bottom is 0.08 upper limit is 1kr after Tilapia in production until that kr 0.5 (with Tunisia 1000 bopd and Italy).
5) Nigeria is bazooka if goes as per plan in this oil price scenario.
Redigert 05.05.2022 kl 12:28
Du må logge inn for å svare