Empyrean Energy Share Discussion Threads

[bluehooperman] 17/10/2017 15:53

I know I can use the filter button crosseyed, but DRH is ruining this thread, he's been filtered for a long time by myselfHave a look on VOG B.B. !!!!

[deanroberthunt] 17/10/2017 15:49

I rounded up :) to the nearest ten

[thegreatgeraldo] 17/10/2017 15:48

Maths not your strong point though....

"14 * 3.33 = 50p"

[deanroberthunt] 17/10/2017 15:43

I reckon it'll be nearer 2tcf

[deanroberthunt] 17/10/2017 15:43

14 * 3.33 = 50p

[stewart4700] 17/10/2017 15:42

Thanks all for that,

mark of the rushes.

Got it so 30% 0f the gross 300bcf, or net 90bcf, if its 1tcf then 3.33 times or 45p a share to eme. I was thrown by the 14p per share but now follow.
cheers

[seagreen] 17/10/2017 15:25

Deano just pulling your leg you were being a tad in your face.....8-)

[mark of the rushes] 17/10/2017 15:23

Stewart, that 300bcf they're talking about is gross and just a "what if" scenario so only 90bcf to eme. If it were net(so a tcf gross) then we are talking 57p to eme as per TK's valuation.

[deanroberthunt] 17/10/2017 15:19

is that you being restorative...

[thegreatgeraldo] 17/10/2017 15:17

Rhymes with blunt, as in not very sharp at all. ;-#)))

[seagreen] 17/10/2017 15:14

I presume that is hunt with an h and not a typo

[deanroberthunt] 17/10/2017 15:11

I said 50p, near enough

[starzerus] 17/10/2017 15:04

Yes Blueblood you are correct 45pps per share based on 1tcf - for this well only - not the trend - 3 wells dempsey trend or Alvares 2.4 tcf?? - however TK did say 57p for this well i think.

[blueblood] 17/10/2017 15:03

It's risked as well so in line with TKs 57p for Dempsey

[blueblood] 17/10/2017 15:00

Stew that's total so TCF multiplies by3.33 or 45pps

[deanroberthunt] 17/10/2017 14:56

14p is NAV..cash is ongoing

[oilforex] 17/10/2017 14:55

You are missing nothing Stewart.

[deanroberthunt] 17/10/2017 14:55

but he'll probably tell you to do it yourself.

[stewart4700] 17/10/2017 14:53

I have just read Peter Strachen's report on PCL and I can see he values eme @ 14p per share based on an 85% success of 300bcf. I have seen the figure of 300bcf mentioned before, I am assuming the 300bcf is our 30% of expected 1tcf.

If that is the case and assuming Dempsey flows why will our share price fly on success, if we assume nothing changes in China and Indonesia, are we saying it derisks the on trend and Alvaras and its direct cash.

Or am I missing something ?