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EME Empyrean Energy Plc

0.575
0.00 (0.00%)
Last Updated: 08:00:07
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Empyrean Energy Plc LSE:EME London Ordinary Share GB00B09G2351 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.00% 0.575 0.49 0.632 - 251,431 08:00:07
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 0 -20.8M -0.0211 -0.27 5.62M
Empyrean Energy Plc is listed in the Oil And Gas Field Expl Svcs sector of the London Stock Exchange with ticker EME. The last closing price for Empyrean Energy was 0.58p. Over the last year, Empyrean Energy shares have traded in a share price range of 0.28p to 1.40p.

Empyrean Energy currently has 985,470,767 shares in issue. The market capitalisation of Empyrean Energy is £5.62 million. Empyrean Energy has a price to earnings ratio (PE ratio) of -0.27.

Empyrean Energy Share Discussion Threads

Showing 281176 to 281195 of 281200 messages
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DateSubjectAuthorDiscuss
28/3/2024
10:08
Im sure Coro will re-negotiate, but at what cost? The supposedly 'friendly' debt holders cant be too chuffed at shareholders stopping them with their 3 monthly forward sell, and share issue. how much will they give away this time?
currypasty
28/3/2024
09:38
Coro debt maturity date is 12th April
jemjem
28/3/2024
09:24
judi, thanks
showme, can you post the exact bit about debt

currypasty
28/3/2024
09:19
curry,
end of May isn’t it mate?

judijudi
28/3/2024
09:19
Curry, EME have sorted their debt as per the last up date but Coro have some very chunky debt to sort the end March.
showme01
28/3/2024
09:17
how does the now expected date of before end of may affect our and coro's debt financing agreements ?
currypasty
28/3/2024
08:41
curry that’s if they all move in unison and everything goes to plan
Could be ages yet going off their past timelines that have been proven to be garbage

judijudi
28/3/2024
08:31
from conrad

On 27 March 2024, Conrad and PGN entered into binding Key Terms thereby committing to agree and to sign a GSA for the domestic portion of the gas produced from the Mako field.
Under the Key Terms, the parties will conclude negotiations for and agree in good faith a GSA that will include and be based upon the Key Terms. The parties shall endeavor to sign such GSA by no later than 31 May 2024.
This GSA will be subject to the construction of the pipeline connecting the West Natuna Transportation System (“WNTS”) with the domestic gas market in Batam. It forms part of Conrad’s Domestic Market Obligation (“DMO”) as set out in the Mako’s revised Plan of Development (“POD”). The sales volumes under this GSA will represent approximately 29.5% of Mako sales gas volumes until the PSC expires in January 2037.
The remainder of the Mako sales gas volumes will be sold to Singapore where a term sheet was signed in 3Q 20232 and Conrad is moving towards finalising a GSA over the coming months.
These Key Terms are an important step towards the Mako development final investment decision (“FID”) planned by midyear 2024.



just another 3 months to wait..lol

currypasty
28/3/2024
08:19
Absolutely right 10owen.

I'm working on a very simple basis with this atm. The GSA will happen at some stage. We will sell our entire 8.5% and get the equivalent of a minimum of 2p per share cash at some stage. It's that simple. So I'm just sitting tight.

China doesn't come into that equation as I assume TK is working on an extension and/or JV.

Imo

jemjem
28/3/2024
08:09
htTps://www.voxmarkets.co.uk/rns/announcement/5991cadb-8bc1-4f19-a4a8-07a034ce195c
blakieboy7
28/3/2024
08:00
Let's hope so JemJem but costs will have gone up so until the deal is done we still dont know what our share will be.
10owen
28/3/2024
07:57
Let’s hope Brent doesn’t go down then hey
judijudi
28/3/2024
07:54
Didn’t realise they have reduced the resource estimates
🙈🤦🏻

judijudi
28/3/2024
07:45
Moving slowly in the right direction but dissapointed with reduced resource estimates in Coros RNS.Not the blockbuster RNS we were hoping for.Next time maybe.Gla.
10owen
28/3/2024
07:13
The remainder of the Mako sales gas volumes will be sold to Singapore where a term sheet was signed in 3Q 20232 and Conrad is moving towards finalising a GSA over the coming months.
These Key Terms are an important step towards the Mako development final investment decision (“FID”) planned by midyear 2024.

showme01
28/3/2024
07:12
It's progress JJ.
showme01
28/3/2024
06:37
Why’s it great news show?
The binding terms for the domestic?

judijudi
28/3/2024
01:19
RNS coming very soon now I think
dogs_bollocks
28/3/2024
00:22
Good to know
cmackay
28/3/2024
00:06
Just got this email

Mako Gas Sale Key Terms Signed with PGN

Highlights

Conrad Asia Energy Ltd (ASX: CRD) (the “Company”; or “Conrad”), an ASX-listed Asia-focused natural gas exploration and development company, is pleased to announce that it has entered into binding Key Terms for the sale and purchase of the domestic portion of Mako gas (“Key Terms”) with PT Perusahaan Gas Negara Tbk (“PGN”), the gas subsidiary of PT Pertamina (Persero), the national oil company of Indonesia. Under these binding Key Terms, Conrad and PGN will agree in good faith and sign a fully termed Gas Sales Agreement for the domestic portion of the gas produced from the Mako field (“GSA”) located in the Duyung Production Sharing Contract (“PSC”) in the West Natuna Sea, offshore Indonesia.
On 27 March 2024, Conrad and PGN entered into binding Key Terms thereby committing to agree and to sign a GSA for the domestic portion of the gas produced from the Mako field.
Under the Key Terms, the parties will conclude negotiations for and agree in good faith a GSA that will include and be based upon the Key Terms. The parties shall endeavor to sign such GSA by no later than 31 May 2024.
This GSA will be subject to the construction of the pipeline connecting the West Natuna Transportation System (“WNTS”) with the domestic gas market in Batam. It forms part of Conrad’s Domestic Market Obligation (“DMO”) as set out in the Mako’s revised Plan of Development (“POD”). The sales volumes under this GSA will represent approximately 29.5% of Mako sales gas volumes until the PSC expires in January 2037.
The remainder of the Mako sales gas volumes will be sold to Singapore where a term sheet was signed in 3Q 20232 and Conrad is moving towards finalising a GSA over the coming months.
These Key Terms are an important step towards the Mako development final investment decision (“FID”) planned by midyear 2024.

Conrad Managing Director and Chief Executive Officer, Miltos Xynogalas, commented: Conrad has been working closely with PGN for the commercialisation of Mako gas. These Key Terms are a very important milestone paving the way for a fully termed gas sales agreement and brings the company a step closer to the FID for the Mako development. This agreement, combined with Conrad’s recent signing of a Memorandum of Understanding for its Aceh gas resources also with PGN, will further advance the Government of Indonesia’s ambition to meet the fast-growing energy needs of the country.

digger2779
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