Empyrean Energy Share Discussion Threads

[jemjem] 29/3/2022 18:31

curry/Laz
What unit are you using for the @$1, @$2 etc columns?

[petercrosby] 29/3/2022 17:31

I used to deal with a QS who wouldn't look at my spreadsheets unless I added a bit colour!

[ride daice] 29/3/2022 17:27

A bit sloppy if you ask me. He could have put a couple of nice logos at the top.

[lazarus2010] 29/3/2022 17:16

quick lol!

[lazarus2010] 29/3/2022 17:16

little anomaly from column O onwards, had a chat with Curry, will be corrected when he has time ;-)

[petercrosby] 29/3/2022 17:14

Whats happened at Q12 onwards?

Spreadsheet error?

[10owen] 29/3/2022 17:03

So it's worth a few Bob then.Thanks Laz for asking and Curry for doing.

[lazarus2010] 29/3/2022 16:57

phook me you're good!!

Note the pence per share column should read cents per share, so multiply by c. 0.77 to get pence per share ;-) my bad lol

[lazarus2010] 29/3/2022 16:53

Noooooooo!!

Come on Curry, work your magic and knock up a quick spreadsheet showing the possible valuations from a $1 per Btu contract to $10, I'd say allow a Recovery Factor of 80% of OGIP and for good measure knock another 50% off for the costs of production and all taxes....over to you ;-)

[currypasty] 29/3/2022 16:34

can you wait till friday ?

[starzerus] 29/3/2022 16:34

I really would like to know that Laz

[lazarus2010] 29/3/2022 16:32

the big question is, what's our 8.5% share worth per Bcf for gas in the ground?

Anybody got a clue?

[mostro] 29/3/2022 16:25

nice bounce back over 11p to finish!!!!!!

[lazarus2010] 29/3/2022 16:13

on a pro rata basis, 817Bcf becomes 904Bcf (547.7/495=110.6% increase, therefore 817x110.7 = 904).

Not as much as one might expect if the areal extent increases all the way to Medco...but welcome never the less!

[safiande] 29/3/2022 15:34

James Parsons mentioned Duyung commercial progress presumably GSA signatures was imminent on Fri. So could be anytime this week.
The 2c number of 419Bcf ( 100 % ) on the new Conrad site for Conrad only seems to have increased greatly compared to the last GCA figure in May 2020 which was 495Bcf for the entire resource. Conrad´s interest is 76.5%, so the field resource has increased to 547Bcf, which might take account of the greater areal extent of the gas reservoir covering Medco´s patch. If so, it is quite a remarkable revised figure. The GCA 3c high case figure in May 2020 of 817Bcf is likely to have increased also, though not stated on the site. It is very likely that any increased resource estimate will be included as part of the GSA signatures announcement - x 2 for Singapore export & x 1 for the host government in Jakarta.
If not, the revised estimate is likely to be included in the updated POD which is currently being prepared.

"Conrad is currently working with the Indonesian government to revise its POD in order to accommodate greater gas volumes and attendant production rates."

Approval of the GSAs & the POD will enable EME to arrange reserves backed funding if required.

[starzerus] 29/3/2022 15:30

I S A w that one coming ride

[ride daice] 29/3/2022 15:26

And buying back in my ISA.

[ride daice] 29/3/2022 15:25

Well I can assure you that I'll be selling next week.

[judijudi] 29/3/2022 15:09

Silly Billy’s

[stewart4990] 29/3/2022 15:08

Excellent so rig on route to drilling location, was spud anticipated 2 Aprill seems about right. Unreal people selling with Jade about to be drilled and Duyung news imminent they say !!

[judijudi] 29/3/2022 14:28

😀👌👍

[blakieboy7] 29/3/2022 14:19

hTtps://www.upstreamonline.com/exploration/empyrean-all-set-for-south-china-sea-drilling-debut/2-1-1192562See second line - rig is en route to location