Share Name Share Symbol Market Type Share ISIN Share Description
Empyrean 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
  +0.00p +0.00% 9.65p 9.50p 9.80p - - - 0 06:36:07
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -10.5 -3.7 - 39.95

Empyrean Share Discussion Threads

Showing 290976 to 290998 of 291000 messages
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DateSubjectAuthorDiscuss
17/6/2018
11:40
United States, Saudi Arabia and Russia Find Agreement on Oil Policy June 13, 2018 HOUSTON — It is unusual for the United States, Saudi Arabia and Russia to see eye-to-eye, much less try to achieve common energy policy goals, even indirectly. But that is what seems to be happening, and it is taking the edge off the yearlong rise in oil and gasoline prices. Even if those countries have their own reasons for welcoming the surge in production, it is also reducing the influence of the Organization of the Petroleum Exporting Countries, which will meet in Vienna next week to discuss production cuts put in place in early 2017... Https://www.nytimes.com/2018/06/13/business/energy-environment/russia-saudi-arabia-oil-prices.html
nexus7
15/6/2018
23:48
The Duyung PSC covers an offshore permit of approximately 1,100km2 in the prolific West Natuna Basin. The main asset in the block is the Mako shallow gas discovery. In addition, numerous prospects and leads have been identified in the block using 3D seismic data. Empyrean participated in the appraisal well Mako South-1 in June 2017. The well was drilled using a jackup rig located in water depths of 308 ft. The well reached a TD of 1,707 ft on 22 June 2017. The Mako South-1 well exceeded the Company’s expectations encountering excellent reservoir quality rock with high permeability sands in the multi Darcy range with 23 feet of gas bearing reservoir. This zone flowed gas at a stabilized rate of 10.9 million cubic feet per day through a 2 inch choke. The gas is of high-quality close to 100% methane, no CO2, H2S, or other contaminants Initial interpretation of the test results demonstrated that the sandstone reservoir is expected to be laterally contiguous, and has exceptional permeabilities in the multi Darcy range.
bishopawn
15/6/2018
21:47
Bloody Hell - Brimsley's excited - things must be looking up! :)
mojad5
15/6/2018
21:25
You left a "0" off the 2p .... much more likely to be 20 pence, if monitised this year.
bishopawn
15/6/2018
21:08
Forget fraccing these strata do no provide an economic result no point in dribbling on about something that will never happen get over it and move on Indo is exciting and underpins 2p of value enjoy
brimsley
15/6/2018
16:33
This is on Conrad´s site:- "Drilling and testing of the Mako South-1 well was successfully completed in June 2017 unlocking enormous natural gas potential in the region." In their abstract presentation for the Asia Pacfic O & G conference in London on 27 June they have stated the following:- "West Natuna Exploration limited (WNEL) the operator of Duyung PSC, recently proved the presence of a large resource of biogenic gas within the sands of the Muda Formation in the eastern portion of the PSC. " Https://www.pesgb.org.uk/wp-content/uploads/download.php?file=/2018/06/PESGB-SEAPEX-2018-Session-4_2-Mahmud-et-al_Abstract.pdf Conference speech / oral presentation is due to last for 25 minutes. So they will have a lot to talk about during this time which will be in the publc domain, first time for 12 months.
safiande
15/6/2018
16:27
Thanks Saf agree with that and hopefully SGC will be taken out in next few months.
blueblood
15/6/2018
16:00
bb, No not yet. Permit approval is overdue unless already given off site.. Permit went in on 11 Apr. Chevron submitted several applications in May which have already been approved. Overall "well search " on the DOGGR site is stuck at 27 Apr which doesn´t help. The JVP will frack at some point. There is no doubt in my mind that it will happen, if not on all 4 zones but at least zones 2 & 3. Opening the choke & fracking will make a material difference to the flow rates. Fracking costs money. SGC maybe cash strapped as mentioned by Bush, but they can´t hold the others back. In fact SGC might be taken out this year. REL is a good candidate. They are due to make a strategic acquisition announcement after vol suspension. Will probably frack Alvares also. As mentioned before, CRC which is the biggest contractor in the state, has stated that Tulainyo on trend to Alvares is a Pinedale analogue. The wells in the Pinedale field which are all vertical tmk are fracked.
safiande
15/6/2018
15:45
well said Tom, I reckon without his spouting and upsetting the applecart, we would have been bobbing up and down from 12-13p... treading water maybe but not scrubbing the 9p again like we did.. gla and have a nice safe weekend.. thxs bishopawn,,nice one..gl with them
abergele
15/6/2018
14:08
9.575 p are BUYS, including mine for 49,000 at 14.04.
bishopawn
15/6/2018
13:48
Maybe not immediately but they certainly will at some point imo. The fracking application went in at start of April and are taking about 10 weeks to get approved.
blueblood
15/6/2018
12:35
BB...are they still fracking it...I thought they had cooled off on the idea..B
bskiny1
15/6/2018
12:25
Safi any sign of the fracking permit being approved? Should be any day now given current approval timescales.
blueblood
15/6/2018
12:22
Oh bleh ask toon you obviously will respect his call and he knows exactly what Conrad raised at and what a fair pre development price is 17.5p LOL enjoy
brimsley
15/6/2018
12:04
ok lets see if you can get at least 1 call right bb somehow I doubt it try calling Conrad very approachable types enjoy
brimsley
15/6/2018
11:54
Dempsey hook up and cash generation next week, Duyung following week and China shortly after to pull off the old hat-trick. Enjoy these next few weeks 15p ahoy...
blueblood
15/6/2018
11:50
Conrad will most likely be selling out (as per their modus operandi) so not sure why they would need funding other than to drill 2nd well and substantially improve asset valuation further.
blueblood
15/6/2018
11:09
Dimley still bashing eme. Far too much spare time dimster!15p coming.
sux_2bu
15/6/2018
11:00
Private company Tom private shareholders go to the presentation next week then depart in disgrace enjoy
brimsley
15/6/2018
10:59
conrad not even listed on a stock market as private company.
starzerus
15/6/2018
10:52
brimmo, brimmo,,, making it up stories again,,, no conrad placing,,, post link for us to see,,, I'll go for ever if you can,,,
tomthedom
15/6/2018
10:34
abergele. I'm confident good news cometh soon :-)) Imo
jemjem
15/6/2018
10:32
worth a look at Zengas post some time ago "I value Mako at 17.5p I stated my £70m valuation for Mako alone in using Aminex based on $3.50/mcf gas and producing from a net 16 bcf discovery interest and approx 70 bcf booked operating in Tanzania (not a direct comparator) but it's m/cap today is £100m (50% more than I value Mako) and 4 months ago was £243m. It's gas price is $3.25/mcf. Kiliwani north has just been producing since July last year which has a gross 28 BCF and the pressure is declining just 7 months later (Aminex have 54.5% of that so are producing from just a net 16 bcf). At the Nyotora discovery on Ruvuma it has 75% of 70 BCF gross and trying to firm up 323+ BCF gross."
currypasty
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