Empyrean Energy Share Discussion Threads

[cashmeoutside] 17/1/2018 08:25

Wish I had more spare cash today :(

[stewart4900] 17/1/2018 08:23

I really do not understand why all the sells, we were told the flow rate prior to Christmas, we knew what it was, so it is now going to sales no real quantity BUT it hasn't been fracked yet and the bigger X3 and X4 have not even been flow tested yet, geez get a grip.

People need to understand what Sagasco are saying look at the bigger picture, gas has NEVER flowed at this depth, words fail me.

[oilforex] 17/1/2018 08:20

The same people who piled into Bitcoin at probably those selling on this latest update. It's what happens and the reason 95% don't make money over the long term.Slightly off topic but just saw this on another board. Interesting write up about the Eagleford shale assets EME sold if you've not seen it before.hxxps://srsroccoreport.com/u-s-shale-oil-production-update-financial-carnage-continues-to-gut-industry/

[jemjem] 17/1/2018 08:16

An announcement exactly as suspected and suddenly people get panicked out??

[ch4p_85] 17/1/2018 08:07

Don't flee! Whyyy

[abergele] 17/1/2018 08:05

13p then 12.976p are buys when they show from TDW or ii.

[abergele] 17/1/2018 08:02

You've talked this down before it even opened...WHY??

[starzerus] 17/1/2018 07:31

I am pleased fracking this quarter. I am sure Brimsley said 2 years phew!

Don’t care about the price action as market only sees the numbers produced today and not what they are learning about the play and the key to what it really holds at this lower level.

[dodgydd] 17/1/2018 01:06

Harrison. I agree, but this was estimated to be 450 bar. Which is excess of 6500psi. During the drilling process. It's an appraisal well, I'm sure the upper zones will be high pressure. I'm confident about that.

[harrissen] 17/1/2018 00:57

45 bar is 652.67 psi which is about 400% higher than the psi last time they flow tested Dempsey before Xmas. The psi is fine they need to increase the mcf/d which can be done by fracking.

[dodgydd] 17/1/2018 00:16

I think this will tick down tomorrow with this news, 45bar isn't high pressure, and a very low flow rate. I'm happy though, as it's an appraisal well. Let's take our time and get it right.

[dont jump] 16/1/2018 23:45

Its only low flow but will they people to work out the size of the reservoir by monitoring any pressure change after an extended flow test? Or is that too simple?

[nickb] 16/1/2018 23:18

Hey Brimsley...Enjoy8513;

[bluehooperman] 16/1/2018 23:05

Level 2 in Oz looking strong pre openFingers crossed we have good volume over there

[honestmarty] 16/1/2018 22:41

Jemjem
from the interims

"Empyrean will provide technical assistance to Sacgasco to further mature prospects within the Dempsey Trend AMI and will also have an option to participate in the already identified prospects on the following basis"

It would appear, YES.

[richiiiee] 16/1/2018 22:41

Anyone seen Brimsley and his sub 8p as this well is a dud!

[richiiiee] 16/1/2018 22:40

JEM JEM we are also involved in the bigger 2.5TCF Alvares well, this bodes extremely well for that project! This is already flowing to sales without fracing, we can't lose here. this share is now a no brainer and will reward the LTH that kept the faith!!

[honestmarty] 16/1/2018 22:36

Nice.

A little buying pressure could prove explosive.

[wcj] 16/1/2018 22:27

What time does Brimsley open?

[bushman1] 16/1/2018 22:20

Less 20 minutes as clock has damaged minute hand ! Hence 12.20 hrs here, 10.20 hrs UK. ASX opens in 40 minutes.

[bushman1] 16/1/2018 22:18

ASX opens in 40 minutes. Time here in Marsa Alam 12.40 hrs. London 10.40 hrs. Jemjem. Alvares I believe. Not sure about the 3 Dempsey lookalikes.

[currypasty] 16/1/2018 22:13

what time (UK) does ASX open?

[jemjem] 16/1/2018 22:10

Bushman.I know that bit. Are we involved in the additional wells and infrastructure that is being acquired though? That need not be Dempsey related.