Vi eier også zena drilling. Mega bra.

Spennede mnd dager.

Neste uke så kommer resultatet på C37. Mega spennede.

MCAP - Ca 100 mill. Nok Kr. = 9 mill £

Deres NPV -10% er ca. 483 mill $ = 4.341.259.870 Nok Kr.

Skal si. De risikerer å miste hele feltet om de ikke lykkes. Ja da avhenger det veldig av ukas melding. Kan noen oppgi mcap eller er det umulig å vite?

Development drilling will commence in 2019 and continue to 2035. It has been estimated that each well in the proved case will cost USD$ 4.3m. This cost will include the direct cost of materials, fuel, salaries, etc to drill the well as well as an allocation for the purchase of one drilling rig, well completion and tie in. Easch well in the proved plus probable case is expected to cost USD$ 5m. In addition to the costs anticipated for the proved wells, wells in proved plus probable category have an additional allocation fo the periodic leasing or contracting of additional drilling rigs and expansion and modernization of the field facilities.

In all, 147 wells are expected to be drilled, 58 of these are anticipated to be horizontal wells (legs). Most horizontal wells will have two legs of about 1,600 m each. For the purpose of estimating costs, each leg is considered to be a well with a cost of USD$ 5m.

Med ovenstående in mente, tror jeg de skal til at finde en rig eller 2 mere for at nå målet på 147 stk.

Med hensyn til den kommende melding i næste uge, forventer jeg ikke noget over 700 bopd, de har været hårdt ramt af alverdens udfordringer, derfor er meldingen i næste uge så vigtig, deres nuværende produktion på 270 bopd, er så meget fra deres kontraktuelle forpligtigelser overfor SOCAR, at de er tvunget til at få noget op af jorden NU. De skal påvise minimum + 465 boep, hurtigst muligt :

These financial statements have been prepared on a going concern basis which presumes that the Group will continue its operations in the normal course of business for the foreseeable future. In accordance with the terms of the Rehabilitation, Exploration, Development and Production Sharing Agreement (“REDPSA”) with the State Oil Company of the Republic of Azerbaijan (“SOCAR”), the Group has an obligation to achieve certain production levels within two years from the date of SOCAR’s approval of the Rehabilitation and Production Programme which falls on 3 Ocotber 2019. The Group is required to increase production levels from the 2015 average daily production of approximately 310 STB per day by 1.5 times, that is 465 STB per day, for a period of 90 consecutive days before the deadline elapses. Failure to meet the required production levels would result in a material breach of the REDPSA and may result in termination which could lead to loss of title to the Azerbaijani oil and gas asset, as well as non-recovery of the costs incurred by the Group with respect to the contract area since inception.

The Group is currently operating at an average of 238 STB per day (2018: 270 STB per day) and therefore has not yet reached the required production volumes. The production deadline is just over 3 months away which means that production must reach or exceed 465 STB on or before 12 July 2019 for 90 consecutive days in order to satisfy the obligation. The Directors believe that the planned drilling activities with the assistance of the newly refurbished drilling rig in the near-term will allow the Group to reach the aforementioned production levels to meet its REDPSA obligations. The Directors also believe that should the obligation within the REDPSA not be achieved within the aforementioned timescale, SOCAR would not exercise its right to take ownership of the project, which is based the Directors operational experience and supported by research undertaken by the Group into similar Companies who have breached similar REDPSA terms with SOCAR.

Jeg tror på de har lavet en aftale om at de får sat boret i jorden og så er det bare derud af, alle afventer en eller anden form for produktion og den skal nok komme, de hurtigste borer sjak kan få et felt op og kører på 12-15 dage med fracking, så her er der bestemt muligheder.

Meget bra.

Du kan finde de fleste svar her :

https://www.zenithenergy.ca/wp-content/uploads/2019/05/ZenithIP-May19-IP-V1.pdf

Ingen som vet hva selskapet er verd i dag??

Valgte zwipe istedenfor zenit på merkur. Vi får se hva som var lurt.

Hva er problemet.

Aksjene er utstedet for å få kapital til feltet. Dyrt å kjøpe et felt, og bore. Men med mulliarder i olje fra feltet så blir dette bra.

Nå med olje i 2019 så kommer verdien å gå høyt.

Common shares in issue and admitted to trading on the Main Market of the London Stock Exchange: 258,404,153
Common shares in issue and admitted to trading on the TSXV: 312,408,725
Common shares in issue and admitted to trading on the Merkur Market of the Oslo Børs: 312,408,725

Vet dere ikke hvor mange aksjer det er i selskapet?

Neste uke blir vill.
Gode resultat så går vi bananas.

Go helg la oss håpe resultatet kpmmer i helgen, så vi får ta en skål.

Stille før nyheter neste uke, kanse i helgen.

De svaret fikk vi mandag. Så innen 12 dager skulle vi få svar.
Neste uke.

Seismiske data her tilsagt at d er olje. De har boret å truffet, hvor mye flow er d vi venter nå på å d får vi svar på når brønnen er ferdig sementert å testet i normalt vel 1 til 2 uker

Hva kan verdi på funnets størrelse utgjøre ift mcap på selskapet?

Kjøpte ett lite.lodd.i påvente av resultater for boringen. De bekrefter oljefunn men ikke hvor stort slik jeg ser det?

Toget går ..