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EME Empyrean Energy Plc

0.47
0.025 (5.62%)
01 May 2024 - Closed
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
  0.025 5.62% 0.47 0.44 0.50 - 175,000 16:35:18
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Oil And Gas Field Expl Svcs 0 -20.8M -0.0211 -0.21 4.34M
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 0.45p. 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 £4.34 million. Empyrean Energy has a price to earnings ratio (PE ratio) of -0.21.

Empyrean Energy Share Discussion Threads

Showing 272051 to 272074 of 281425 messages
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DateSubjectAuthorDiscuss
27/2/2022
12:24
noobie, for one thing 721 is moving within waters that represent an exclusive economic zone and not international waters. For the other, JBs data looks to be continuously updated regularly and accurately (thanks JB btw). The 721 survey vessel being in that area of Jade. I'll take JBs take on it thanks, rather than Uncle Albert's
trint76
27/2/2022
12:05
Laz. You keep hanging on every word lol. And keep it original as the latest post makes JBs secret MI5 platform look about as reliable as your intelligence
Even post survey there are still permits to gain off the back of the survey before drilling commences. It’s all in the RNS

haveapunt1
27/2/2022
11:22
In summary, there is likely to be more sea traffic going on that commercial tracking platforms are not picking up so we may be making progress on site survey but if the commercial platform isn't picking up signals then we won't know about.
noobiedoobie
27/2/2022
10:28
Response from expert

It’s a slightly complicated answer, but I feel its necessary to fully understand what people are looking at.



The IMO 2022 SOLAS agreement requires that ALL vessels on an international voyage in international waters must have an operating certified AIS Class A transceiver. Of course in addition to this, since then many smaller commercial vessels and other vessels have elected to also have an AIS – sometimes a Class A and sometimes a Class B.
An AIS transceiver continuous transmits a vessels identity, position, speed and course. AIS was originally designed for direct ship to ship and ship to shore communications. It uses VHF radio frequency (162Mhz) to transmit this information. So its design was to be relatively short range.
Each AIS transceiver has a unique identity number which is programmed into it when its installed. This is called an MMSI number. This is issued by the national flag authority per the vessel’s home flag state. Like a telephone number the first few numbers denote the country flag of the vessel and the rest the unique identifier of the vessel. Think of it as a unique license plate. This is the ONLY unique number by which an AIS transceiver identifies itself. Other information such as a vessel radio call sign and or name can be included, but this is often omitted and frequently changed.
A vessel might input into its AIS transceiver that its carrying hazardous materials, but in our experience 99.9% of the time they don’t bother.
I suspect that EME investors are using platforms such as Marinetraffic and or Vesselfiner, or Shipview to look at vessels. These platforms are exactly the same as Flightracker, in that they rely on commercial open receiver networks – satellites and coastal – to receive the transmissions from the transponders on the boats. There are several things to understand about these commercial networks. 1) Most transmnissions from transceivers are not detected by commercial satellites – we know for a fact that its around 5% - this is due to the physics of radio and the low quality of commercial systems – additionally in poor weather no transmissions will make it to satellites. 2) They do have their own terrestrial networks, but these are VERY poor quality and typically only have a surveillance range out to 50km. additionally they are poorly located and have a fraction of the coverage as countries often don’t allow these to be installed. As such these commercial systems display a fraction of whats really happening and why countries invest in their own carefully planned professional systems – similar to ATC where there is no way we would be happy using Flightracker for Heathrow.
Some of the commercial platforms try to link vessel MMSI numbers with other information from entities such as Lloyds who try to track vessel manifests etcx. However, again this simply doesn’t work very well, as the data is often weeks out of sync.


So, in short, most oil service vessels will have an AIS Class A transceiver which transmits a unique ID (MMSI) and possibly the vessel name and call sign. An MMSI is always 9 digits long – never different. A user might choose to input a name or call sign as they want – this is often the case with oil service vessels as they are professionally operated , and they might input a cargo type – highly unlikely.



The digitisation of the marine domain is right at the beginning and so what these guys are looking at is better than nothing but far from reliable.

noobiedoobie
27/2/2022
09:59
Have a *unt

There's always one not happy with the free research provided!

Keep up the great work JB, we all love ya 🤪

lazarus2010
27/2/2022
09:35
There are some very recent images of 721 on the move on Telegram fyi
blakieboy7
27/2/2022
09:32
Just so ur aware appreciate every single bit of input Jamesiebabie . Hopefully this share comes through for u in spades!
wiseone1
27/2/2022
04:16
I would have thought vessels would be identified by a unique id number rather than based on what it's carrying, eg NH8

I have asked an expert for clarification, response pending...

noobiedoobie
26/2/2022
18:27
haveapunt - you sound like a spoilt brat having a tantrum for not getting what you want.

FYI - I share what I want and when I want.

ps. Please tell me what you have shared with others on here to help 'achieve the same thing'?

jamesiebabie
26/2/2022
18:24
JB your effects are much appreciated...B
bskiny1
26/2/2022
18:24
JB your effects are much appreciated...B
bskiny1
26/2/2022
18:15
Haveapunt, don't behave like a right old
blakieboy7
26/2/2022
18:07
There are at least 6 survey vessels out in the SCS doing their thing. They have all come out in the last few hours.
jamesiebabie
26/2/2022
18:03
I thought we were all holders aiming to achieve the same thing, sharing information. Strikes me your another one of these “fakes”, hence you can’t share (which takes about 15 seconds). But then others would be able to verify which maybe you don’t want. One minute 721 is on jade, now it’s “in the vicinity” lol. Anyhow, guess your busy with MI5. Have a good weekend
haveapunt1
26/2/2022
18:01
So there is a good chance the survey is completed by Tuesday/wednesday fingers crossed...GLA
bskiny1
26/2/2022
17:58
haveapunt1 - Yes it is and get over it. DYOR like I had to. Now do one. TY
jamesiebabie
26/2/2022
17:52
That's top-secret, but there are many platforms out there.
jamesiebabie
26/2/2022
17:46
Which software do you use to locate 721 ?
mynameiskhan
26/2/2022
17:41
Awesome thanks JB!
blakieboy7
26/2/2022
17:35
It would appear some need a vessel location fix. I can't even go out for the day. LOL

721 is still in the vicinity.

FYI - it must be good weather as quite a few survey ships have come out to play.

jamesiebabie
26/2/2022
16:50
JB - any further update on 721?!
blakieboy7
26/2/2022
15:39
NH8 is also known as Nan Hai Ba Hao fwiw
blakieboy7
26/2/2022
13:24
Surely if nobody knows any different, it's the NH8 rig that we should be tracking instead?! Any thoughts welcome
blakieboy7
26/2/2022
13:23
Having mentioned the below in the Telegram group, someone pointed out that this is not the rig named in the December interims. This is actually what's mentioned- COSL has currently assigned the NH8 drill rig to drill the Jade prospect. The Company engaged COSL in October 2021 to complete a required well site survey over the Jade drill location. The well site survey requires 5 days of suitable sea conditions and the Company hopes to complete this survey very soon once sea conditions allow. The survey vessel is fully equipped and on standby to mobilise immediately. The well site survey is critical to 2 of 8 essential permits required to drill. A total of 5 permit applications have already been made and are expected to be granted in the coming weeks. The last permit relates to the oil spill response plan which is currently nearing completion and expected to be lodged within the coming week. As these permits are granted, the Company will provide updates by way of announcement.
blakieboy7
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