Empyrean Energy Share Discussion Threads

[cashandcard] 24/3/2022 12:44

What were the volumes originally planned for POD before this upgrade?Cash

[pb01] 24/3/2022 12:39

Any IPO listing will immediately value our 8.5% in Duyung.

[blueblood] 24/3/2022 10:39

Also says HOA signed with 2 parties, revised POD increased offtake agreement >340% and will be looking at listing on ASX

[lazarus2010] 24/3/2022 10:32

Thanks for the heads up Curry.

Current share price 10.75/10.91

steady day today after early fireworks!

[currypasty] 24/3/2022 10:29

also on their new website..

"Conrad is in the process of negotiating gas sales agreements with two potential gas buyers in Singapore and one potential buyer in Indonesia, with the first gas sales currently scheduled for 2025."


they are going to have to get a wriggle on to actually supply gas by 2025


Is the GSA's and new website a precursor to their stock market listing?

[ride daice] 24/3/2022 10:29

The CORO board could do with that info.

[stewart4990] 24/3/2022 10:28

New POD production offtake increased by >340% Have I read this correct ?

[judijudi] 24/3/2022 10:25

Going to be another high volume day

[currypasty] 24/3/2022 10:23

thanks blakie



Mako Gas Field is one continuous “single tank” of methane gas with insignificant impurities and a highly permeability reservoir with excellent productive capability
POD for Mako Gas Field approved in February 2019, converting PSC from exploration to exploitation, and extending tenure to 2037
Currently working with SKKMigas on a revised POD consistent with higher resource estimates following recent successful drilling campaign. New POD production offtake increased by >340%
Ongoing discussions with buyers in Singapore and Indonesia on gas sales agreements. Two Heads of Agreement already signed with Singapore buyers
Will shortly commence FEED work for the development of the field
Geographic location and technical aspects of resource yield high valuation metrics

[blakieboy7] 24/3/2022 10:13

Conrad have a new website - Www.conradasia.com

[blakieboy7] 24/3/2022 09:25

Sells are being mopped up - no problem!

[judijudi] 24/3/2022 09:16

Selling when the GSA could drop any day
🤷🏻‍♂️🙈🤦🏻

[lazarus2010] 24/3/2022 09:12

any gain today and I'm happy as almost expecting a pullback on profit taking as has been the norm in the past.

Seems we have a lot of new buyers looking for some multibags from here, and who can blame them after the amount of research by PIs being put out on the likes of Telegram and Twitter...puts the company to shame!

GLA, here's to the £1 party in Dec 2022 and the £2 party in Dec 2024!!

[abergele] 24/3/2022 08:56

I'm not Biro,,,read my post..
Just saying.
I am more than happy,
but if this is "sets" they can keep it..hahaa

[birotop] 24/3/2022 08:41

If the share price is rising why worry..

[abergele] 24/3/2022 08:40

Not checked any validity of trades going through,but on first glance it seems many sells are buys and vici versa.?
but a lovely viewing all the same..gl all,Lth's

[kumala] 24/3/2022 08:08

Amazing strong start.... firing on all burners now.Let the good times Roll.:)

[blakieboy7] 24/3/2022 08:01

Terrific start!

[judijudi] 24/3/2022 07:43

😂🤣

[blakieboy7] 24/3/2022 07:40

Noobie, I'm very surprised you view Jade as a bonus!!

[kevjames] 24/3/2022 07:33

Someone asked about the geology of the area where Jade is to be drilled. The link below is a very detailed description of the area,with some good diagrams which may help folks gain an understanding of what is to come. For EME holders we are targeting the Zhujiang T50 level for light oil. This is expected to be 2340m below the seabed and the drill will go to a depth of 2860m. I don’t think there are any hydrocarbon targets above the Zhujiang T50 (but we might get some gas shows). The last 400m of the hole is where the action will be – this should be the oil-bearing layer if the seismic assumptions are correct. As mentioned by Gaz Bisht in a recent interview, the drill bit will also be doing some LWD (logging while drilling) which will provide the drilling crew with real time data on the hole geology and may negate the need for wireline logging. Oil and gas shows will be seen in the mud logs. I suspect that we will get a few progress reports as the hole goes deeper (casing points etc) but most of the excitement or disappointment will come around 20 days into the drill.


www.researchgate.net/publication/320186651_Hydrocarbon_accumulation_in_the_deep_waters_of_South_China_Sea_controlled_by_the_tectonic_cycles_of_marginal_sea_basins


AIMO, good luck and enjoy the ride.

[judijudi] 24/3/2022 06:52

noobie
Were you originally not aware of the drilling risks associated with off shore oil exploration?
You should pick up your remaining 30k shares this morning

[begorrah88] 24/3/2022 06:43

That is a good video from Slarratt1. Very straightforward explanation.

The Sun shining on Torpoint is always a nice way to start a video.

[rajawali] 24/3/2022 05:19

Apologies - I seem to have posted the same comment 3 times and can't figure out how to delete two of them. Anyway, looking at the chart, & the previous peaks of 27th July 2020 (7.46p) and 8th Jul 2021 (9p), last night's close was a decent breakout. The last close above 10p was 23rd Oct 2019. It's been a long slog. The key ingredient missing imv is new blood and this appears to have finally turned a corner, in part due to social media. Worth noting that Twitter and Telegram were not nearly as important in 2017 as they are now. And the oil price was half what it is now. glta