Empyrean Energy Share Discussion Threads

[brimsley] 20/2/2018 09:28

I think holders will need a stiff drink very soon especially the hapless bushman and curry see you at 8p

[cmackay] 20/2/2018 09:14

13 is a very auspicious number to some, and also anyone with even a rudimentary knowledge of Hindi knows what TK means.

[cmackay] 20/2/2018 09:01

Give that man a drink and cigar.

[scaleyman] 20/2/2018 02:44

Well for those of us who've been here since 2005 I think 13 may be a lucky number!!! ?Off to Sydney tomoz subject to Gita leaving us an airport overnight!Good luck LTH.

[showme01] 20/2/2018 00:07

If I was TK I would keep my shareholders happy with the following:-

I sold sugarloaf in a market where many companies of our size failed over a few short months. I returned nearly all the funds back to shareholders. Since then I invested in 3 projects with very limited funds due to returning most back to shareholders. One was a decent percentage interest in California which should worst case break even but more than likely return huge value to shareholders but if not, it won't be a failure. Next was a successful investment of 10% in an Indonesian project that has been a success and valed our investment at several multiples. Finally we have secured a block in China with positive 3d survey and this asset could propel us into mid tier territory with minimal or no dilution.
So, I now have inpatient shareholders wanting me to update on projects that are either not under my control or in the process of being developed. The share price has risen more than 10 fold in this last year at its peak. That is still not good enough. I should maybe promise the world, dilute them to hell and blame everyone else but myself.......like most small oil and gas companies on AIM.......Or maybe they should reflect on what opportunities we have, stop bloody moaning and give me 12 months to deliver.

[showme01] 19/2/2018 23:52

Let's all kick off and drive the share price down another couple of pence.

[kumala] 19/2/2018 18:22

I've been ere since my first buy on 26th January 2006, over 12 years with multiple buys in between, (holding more than I would like i guess at this point) seeing the chart at circa March 2006 when the share price hit the £1.60 gives me a shiver.........gettig half that now would make me very very happy.
Cheers to all the LT Holders, 1 decade holding EME under the belt, will I/we see two I wonder.
Mmmmmmmmmmm
GLA
:)
K

[stewart4900] 19/2/2018 15:17

Been here 11 bloody years, oil and gas is endless it really is, but to me this is the one time with 3 great options that I feel eme will make it big time, surely they can put some update out.

I hope GJ does know what he is doing at Dempsey because Alvaras should follow, we started drilling Dempsey in August 2017 about 7 months ago it really is a complete pain, one delay after another, he should have kept quiet.

[blueblood] 19/2/2018 14:43

Boring... hope TKs been on the blower to have friendly chat to GJ. What the f are you playing at man...let's get on with Alvares!

[richiiiee] 19/2/2018 13:32

UEN investor this is all great stuff and everything but this is EME not UEN, as has been said below, areYou lost? Ha.

[cmackay] 19/2/2018 12:46

Are you lost?

[uen_investor2] 19/2/2018 12:38

Dont miss UEN, no more than 5,000 shares avaliable online.. All buys today.. They are already asking the full amount again to be filled

At 13m quid its hard to see a downside.

3 - 4 million shares available to the market. This on its own means there is very little available for large chunks. No warrants, no dilution

This will keep rising,

Here is why.

This ticks every box:
Excellent revenue.
Rejected takeover at 250p per share
Debt wiped shortly
Dividend. (5p per share paid in November)
Proved reserves.
2200 bopd production.
Bod have plenty of skin in the game.
Cpr due.
Drilling underway on high cos prospect.
Very small free float of shares.
Few shares in issue.
Well underpinned at a mcap far exceeding what we're currently at.
Exponential upside.
Not on the radar....YET!
Fabulous entry point
Own their own refinery - 30 million US conservative valuation on its own
UEN oil sold at a PREMIUM to brent


Worth reading this over and over again..

hxxp://www.uralsenergy.com/archive/presentations/Urals_Inv_Presentation_20_11_2017.pdf?v=231117

Urals remains one of the highest ranked E&P companies (4th) on the AIM market by 2P Reserves
Russian 2P Reserves volumes dominate the AIM E&P sector and continue to trade at a significant discount
to the market average
Urals generates more operating cash flow per barrel produced than its AIM listed peers
Urals 2P Reserves trade at a discount to the market and its regional Russian and FSU peer groups
Urals have continued to outperform its Russian peer group during 2017

[piperpeter] 19/2/2018 12:38

Off topic.

A bit of interest being shown at MYN today.

Now officially an oil producing company.

Mayan Energy, one to keep an eye on over the coming days, perhaps?

£8.2 million market cap. Bid 0.68p Offer 0.72p.

Pp.

[safiande] 18/2/2018 23:38

REL ( 60% partner with PCL in Gasfields for Tulainyo ) now out of vol. suspension has raised cash via convertibles for further drilling at Tulainyo. Alvares on trend to the north. Dempsey in close proximity.
REL has now issued Q1 2017 ops report. Bodes well for Alvares.
PCL John Begg lead spokesperson for Gasfields on Tulainyo

[cmackay] 18/2/2018 23:36

Gas Fields considers that the sands penetrated are as a good as
expected pre drill.

[safiande] 18/2/2018 20:41

Toon & Showme are right to highlight Block 29 / 11 as the biggie. Duyung PSC may not be too shabby either even at only 10% wi. I saw an article in the Indonesian press last month where an Indonesian government task force had allocated potential reserves for the nation for 2017 based on the drilling of nine exploration wells during the year ( onshore & offshore ). For Mako South they had allocated 129 MMBOE. I do not recollect such a figure esp for Mako South only. In any event this figure must have come from West Natuna Exploration aka Conrad. In Dec it was reported that Conrad had been granted a further 12 months exploration rights until Dec 2019 within the extant licence period up to 2037 to inter alia finalise the " Plan of Development " etc for the nation.

[blocker2] 18/2/2018 20:08

Cmon Kelly, don't rush! Get this share price moving!

[showme01] 18/2/2018 19:57

Abergele, I'm sure it will....just a case of when :-)

[abergele] 18/2/2018 19:01

cmackay,
Here's hoping you're resting till tomorrow,
ahh my mate,thanks.
I'm just checking in for perhaps a mention here about any progress,we never know.

Fingers X'd for some inspiring news to come..gla lth's

[cmackay] 17/2/2018 18:56

Thanks for that brimsley I will keep it in mind. How's your weekend been?

[brimsley] 17/2/2018 14:59

Failed to break 15p trend is down see you at 8p enjoy the chinese whispers

[hongkongsally] 17/2/2018 11:02

Brimsley, trend is upwards, enjoy!!!

[cmackay] 16/2/2018 21:25

Not up Frank's backside it doesn't...

[wcj] 16/2/2018 20:57

No, the sun doesn't shine where he is.