Share Name Share Symbol Market Type Share ISIN Share Description
Empyrean LSE:EME London Ordinary Share GB00B09G2351 ORD 0.2P
  Price Change % Change Share Price Shares Traded Last Trade
  -0.05p -0.39% 12.70p 560,762 14:24:03
Bid Price Offer Price High Price Low Price Open Price
12.50p 12.90p 12.75p 12.70p 12.75p
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -10.5 -3.7 - 52.58

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Date Time Title Posts
22/5/201815:28EME - Post Sale of Sugarloaf Asset17,991
19/6/201719:26EMPYREAN ENERGY (EME): CHART AND DISCUSSION THREAD (moderated)46,106
29/9/201522:27Empyrean Energy22,096
09/12/201409:14WHY HAVE THE AGM SO QUICKLY?27

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Empyrean Daily Update: Empyrean is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker EME. The last closing price for Empyrean was 12.75p.
Empyrean has a 4 week average price of 10.20p and a 12 week average price of 10.20p.
The 1 year high share price is 30.75p while the 1 year low share price is currently 3.38p.
There are currently 413,995,110 shares in issue and the average daily traded volume is 983,956 shares. The market capitalisation of Empyrean is £52,577,378.97.
kevjames: No real surprise that the SGC and EME share price has not reacted more positively. The Kione was "expected" to flow at commercial rates as it is in the current field level zone. These zones will deplete relatively quickly, as was stated in the "expected reserves" for these zones in the original presentations for Dempsey. That said, there should be sufficient gas to pay for the well, which is great news for an appraisal well. However, the real prize is can they get the deep gas charged sands to flow at commercial rates. Remember, Zone 4 results are due anytime and these will again provide data on finding the key to unlock the secret on how to flow the deep gas at commercial rates. A good result from zone 4 would be a game changer IMO. Also, the fact that Alvares seems now to be a certainty does suggest that SGC have much greater understanding of what they need to do. I wait with interest to see what the actual drilling plan for Alvares will be, but I would not be surprised to see some sort of stimulation on the drill plan. GLA
michaelhfrancis: It could turn that fracking Dempsey would put China into second place and attract a buyer for EME share price ++++++?
michaelhfrancis: News of drilling the Topaz prospect will have a serious positive impact on EME share price lowest estimate is 280 million bls 49% stake is 137 million bls at £5 a barrel profit is worth 685 million pounds. Best case is 365 million bls 49% would be worth 894 million pounds and high case is 498 million bls 49% would be worth 1 billion 220 million POUNDS Take the best case 894 million pounds with 414 million shares at issue equates 2.15 pounds per share. If my calculations are near right its no wonder Toon was excited with Jim Jim calculations. I am not mats whiz kid so i am open to correction Hold on to your hats dyor
bushman1: With Alvares on trend with Tulainyo the results here could also positively impact on the EME share price. After a quiet beginning to 2018, the end of Q1 and then Q2 should see good value being added to SGC and EME. Please DYOR of course !
trulyscrumptious: Malcy is not impressed with the turn around from a great discovery to a trickle of gas. Why didn't they test some decent part of the well first, if there is one? Empyrean Energy EME announce today that production and sales from the Dempsey well in California have commenced at a rate of 140 mcf/d. The operator is proceeding with the application process for enhanced reservoir stimulation expected to start before long. The market has taken the red pen to the EME share price but probably because they, maybe like me, have absolutely no idea what is going on in this well which on the way down was burning the barn down, less so now.
showme01: Starting to see a bit of strength in EME share price. Onwards and upwards.
petercrosby: I like palindromic EME share prices.
twaintwix: Magnum I believe are spudding Tulainlo next week. I found the report while doing a search but lost it again. Isn't EME connected to that gas field as well? The drill will boost EME share price if successful. The report mentioned $6B dollars to the Magnum syndicate if successful.
bushman1: Safiande, nailing your colours to the mast, where do you see a commercial discovery at Dempsey taking the SGC and EME share prices ?
tidy 2: Ref 11 tcfThese are the facts that make this a multi multi bagger from these levels and knocks spots off other O&G stocks for upside and almost immediate production. Talking multi TCF and each of them worth 57p to Eme share price.
Empyrean share price data is direct from the London Stock Exchange
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