Empyrean Energy Share Discussion Threads

[buffythebuffoon] 10/1/2022 08:52

Lazarus,

“ would have liked to see a 'Plan C' which included an alternative such as a bigger ship...unless this new 1.7m swell constraint is actually due to using a bigger ship and he just hasn't confirmed it?”

Yes it is. You don’t just agree a new safe level!

Buffy

[bskiny1] 10/1/2022 08:40

JJ...me too but ever hopeful of waking up to good news in these sh1ty covid days...B

[judijudi] 10/1/2022 08:26

Well if that’s the case I hope the rest of the PR is a vast improvement on this mornings!

If there is no rns to state survey underway this week I will be extremely disappointed (for a change) 😀

[bskiny1] 10/1/2022 08:25

Guys...this is the beginning of the PR. Next RNS this week the survey en route, next completion, next movement of rig etc etc Ever the optimist.. GLA..B

[nametrade] 10/1/2022 08:20

oilforex.....why?...he hasn't up to now??

[oilforex] 10/1/2022 08:17

When the swell drops Tom has to hang up his surfboard and is forced to so some work!

[craig2016] 10/1/2022 08:12

I have been getting on with life, all that's required here is patience.

People complain when there's no comms then complain when there is, in a matter of weeks we will be drilling and very possibly Duyung news will have dropped.

Sit tight boys we are nearly there

[go_baby_go] 10/1/2022 08:10

This is the week to be doing the survey. Swell at the moment 0.9m The next 5 days look to below 1.2m

[buzzzzzzzz] 10/1/2022 08:08

Judijudi

Exactly what I was going to post.

Certainly one permit can't be issued until the survey is completed so plenty of time to complete the others.

Would have liked an update on the deposit.

[nametrade] 10/1/2022 08:08

Craig...EME cant rush anything!!....where have you been? :)

[craig2016] 10/1/2022 08:04

Don't stress about these permits, I can assure you that the permits will be approved when needed. we rush these types of permits through all the time. the Permits will not delay drilling

[nametrade] 10/1/2022 07:58

You cant be more inept than to not sort all possible permits if this is your company making major project that you have been waiting to drill for YEARS..

[judijudi] 10/1/2022 07:49

An own goal of an rns 🙈🤦🏻😩

[begorrah88] 10/1/2022 07:47

They were able to tag on to the last Jade operation update, about the funds having been raised, that btw, we've lost just shy of 2 million dollars somehow.

Yet they are not able to tag on to this one whether the funds have been returned, having told us that 'recovery actions have been commenced' I get that investigations may take months to conclude but would have thought, 3 weeks after losing the money, they would have been able to update, as they said they would, regarding its' recovery.

Maybe they didn't want to take the shine off todays' sparkling update!

[smackeraim] 10/1/2022 07:36

Yup. Survey should get done now, swell has been in this range lately

[jemjem] 10/1/2022 07:35

Bottom line, irrespective of what's gone before, Jade will get drilled in this window and a GSA will be announced for Duyung .More patience required and certainly not the time to throw in the towel.Imo

[lazarus2010] 10/1/2022 07:32

Buffy...my rose tinted glasses not working, never did...you're right on all counts...it seems that Tom/COSL dropped the ball on the time it takes to get these permits...not sure of the timeline but would expect that the process would have commenced as soon as the deposit was paid...into the wrong account...it's all a bit of a sh*tshow at the moment and while Tom has clearly been busy, he's not covered himself in glory, quite the opposite!

Still at least a 'Plan B' for the survey has been confirmed (I posted a while ago that he needs to have one) and now we have confirmation...would have liked to see a 'Plan C' which included an alternative such as imho a bigger ship...unless this new 1.7m swell constraint is actually due to using a bigger ship and he just hasn't confirmed it?

Hopefully we will get the survey done imminently now and all the permits can be completed. Looks like drilling in February, so still a chanceDuyung GSA(s) RNS will land before drilling date announced!

[birotop] 10/1/2022 07:28

People were moaning about lack of comms well now you have it….what a bluff.

[buffythebuffoon] 10/1/2022 07:21

“ A further five permit applications are in progress ”

We knew that. They were expected “in the coming weeks’ in the RNS dated 16 Dec.

What was this nonsense about drilling at Christmas?

I know that those in love with the company and it’s assets won’t see it, or if you do, certainly won’t say it, but the management of this company has been poor at best.

Three assets (I bet some of you invested here can’t even name the third one) and we haven’t begun monetising a single one, after how many years?

I know some will, as I might have done when I was wet behind the years, quoted why this or that hasn’t been done, and we are just waiting on this or that, but the fact is that for years we’ve gone nowhere in terms of the share price

I hope you realise that I was being positive there. It’s gone backwards big time.

Buffy

[judijudi] 10/1/2022 07:03

Damp squib rns
Excited when I first noticed it
In a nutshell we can now go out in a swell of 1.7 Mtrs and only take 3-4 days

[pb01] 09/1/2022 20:55

5 Tugs next to the rig currently. Is she about to set sail?