kamchatkatravel’s details
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Nothing really new- cash down a bit but net cash is still ~$19MM. JV negotiations continue, etc. Perhaps others will catch something I missed, though. |
4/5/2013 3:06:36 PM |
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Yeah, I learned that same lesson- the price on the pinks doesn't bear much relation to the price of ZEX, and trades go by my bid all the time. I have most of my investments at TD Ameritrade, but learned that they are one of the few brokers th... |
12/6/2012 9:53:08 PM |
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Hard to know, Raider. I also owned ZEX back in the day at $1+, basically broke even and kept an eye on this in the meantime. I don't think we need much more than the existing JV, along with the acreage that the first two wells secured, to mak... |
11/13/2012 4:47:05 PM |
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Actually per the most recent MD&A there is a January 1 2013 deadline for Panther: " In order for the Company to earn its working interest in the Hawk and Panther prospects, it will need to spud a well on the Hawk prospect by May 31, 2013... |
10/31/2012 10:20:01 AM |
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the 2013 dates are the deadlines for drilling the wells, not necessarily when they occur. Also, this JV only covers about a quarter of our acreage, so I would imagine we will see additional JV announcements in the coming months. |
10/24/2012 8:10:08 AM |
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Solimar announced initial (unstimulated) results earlier this week from these wells: http://finance.yahoo.com/news/solimar-commences-oil-production-kreyenhagen-090000511.html |
10/16/2012 2:46:27 PM |
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The future of ZEX is dependent on its securing a JV partner to share the costs of developing its California prospects (one of the impacts of the bad wells in 2011 was that it both reduced ZEX's ability to finance this on its own, and also red... |
9/10/2012 2:47:26 PM |
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The basic issue, which you can see if you read through the press releases on the ZEX website, is that Zodiac managed to screw up all of the wells that it drilled on its California property. It is now basically out of cash to do any more drilling,... |
8/1/2012 7:58:30 PM |
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