Empyrean Energy Share Discussion Threads

[jacksspitfire] 07/12/2017 12:29

All the shares being sold are being bought.... interesting

[currypasty] 07/12/2017 12:07

starz, it would be difficult to spend that 10k in any case

"A firm electronic quote is not currently available for your order"

[starzerus] 07/12/2017 12:04

JudiJudi - I have had £10k sitting in my trading account waiting to buy on a dip but feel the same as you at the moment.

I have emailed Tom Kelly early doors.

[bushman1] 07/12/2017 11:59

Hi Stewart, thanks also, I have written to both EME and SGC, well done Bobcomins for your above post. It's very helpful.

[trulyscrumptious] 07/12/2017 11:53

If the company don't release something very soon we shall know that Strachen is correct. If there had been any success we would have heard about it by now. It could be they just ramped the drilling without anything substantive to back it up and are now paying the price.

[terry hardacre] 07/12/2017 11:45

stewart - well done on the precautionary action, a wise move before this became widely distributed.Agree 100% with your comments - to allow some sloppy, and potentially self-interested, commentator's note to materially affect the company's market cap, and cause unwitting shareholders to sell in fear, is a very serious matter indeed.I am out and about today, but shall add my voice in writing to the company later.

[fairenough11] 07/12/2017 11:44

10% fall in Mckcap on an assumption?

Sounds FISHY---At Best!

[nametrade] 07/12/2017 11:40

It does state it "appears"
This is assumption not fact..

[stewart4800] 07/12/2017 11:39

Terry,

That was exactly my view and I posted as such earlier, I emailed Tom and asked him to update the market as to whether Strachan's assumptions are correct or if not advise on the current position, regardless whether SGS are the operator, we are in eme not SGC.

I am in for the long game that's Sacramento, Indonesia and China, and before anyone says anything my remaining 150K on trade I can cover easily and as I said I have 650k paid up.

If Strachan has lied then he should suffer the consequences his comments have hit eme's market cap badly, if he has told the truth then how did he get that information, either way he has a problem.
IMHO

[oilforex] 07/12/2017 11:37

Having re-read the Strachan piece IMO it's very badly written rehash of what's in the public domain with a dash of opinion and large splash of trying to justify his subscriber fees.

[judijudi] 07/12/2017 11:37

Was going to top up, but not got the balls to be honest
:(

[bobcomins2] 07/12/2017 11:29

dbh911

Just gone through the RNS

21/8 4 primary zones between 1000 - 1560

30/8 1-2 New unexpected zones around the 2000m - 2300 mark

4/9 more gas shows another zone ?? around 2600 mark

8/09 then drilled through some hard stuff into a primary gas bearing sand 2750m - is this a another zone

13/9 Drilling last night intersected two further zones of high gas shows just before stopping. 2970 m

So i make that between 7 - 9 zones

If the one on the 8/09 is a separate zone as they mention "primary gas bearing" then the 2 lower ones were a bonus and may or not flow.

So still the best to come - we know the 2 lowest zones have flowed gas (just don't know how much the 2nd one has yet)

[fairenough11] 07/12/2017 11:27

ST Traders ahoy.Hope they get their b*llox burnt with a blockbuster RNS.More positive indications than negative imo.

[telbap] 07/12/2017 11:24

I believe news is immenent...same share price action as preceded the last RNS.

[currypasty] 07/12/2017 11:09

perhaps someone could email strachan ?

[nametrade] 07/12/2017 11:06

dbh911, I was following your line of thought all along too.

This was supposed to be tight hole right?
what happened there?

[brimsley] 07/12/2017 10:57

Anyone understand 'risked' here? The market sure does

[dbh911] 07/12/2017 10:55

going through News releases whilst drilling well - total 7 lower gas zones reported as found additional unexpected zones

13.09
Drilling last night intersected two further zones of high gas shows

so these might be the 2 reported thus far and this could well be the next one to be tested

08.09

Most Significant Gas Shows to date at Dempsey
The latest shows are interpreted to be the most significant we have seen to date.

we will see!

[jacksspitfire] 07/12/2017 10:50

Looks to me like a good clear out of the lightweights while the heavies grab bigger holdings

[gerd212] 07/12/2017 10:49

Strachan 5 weeks ago

"A total risked value of ~46 pence per share is estimated for EME, but this value would be further
enhanced by confirmation of a commercial gas flow at the Dempsey-1-15 well."

[peterben] 07/12/2017 10:45

This is getting painful.