Empyrean Energy Share Discussion Threads

[ih_343518] 21/1/2020 16:27

good luck curry

[hang ten] 21/1/2020 15:41

He don't need reminding !

[currypasty] 21/1/2020 15:39

wife will be chuffed... when I tell her its her account

[blakieboy7] 21/1/2020 15:37

You grabbed a bargain Curry!!

[blocker2] 21/1/2020 15:32

Could be poor timing for him, unfortunately

[hang ten] 21/1/2020 14:48

The 75k sell was a friend of mine. Regrettably had to sell due to a project overrun. He intends getting back in as soon as funds available again.

[stewart4990] 21/1/2020 14:34

Perhaps time to add

[blocker2] 21/1/2020 11:40

Wow, that's a sell........

[safiande] 21/1/2020 11:26

Gasfields pulled out of the Sacramento basin projects & subsequently delisted from the ASX.

[mark of the rushes] 21/1/2020 09:30

Sgc don't own those shares. They were issued to pay for licences.

[currypasty] 21/1/2020 09:07

does that mean they can sell them and raise some cash?

[blakieboy7] 21/1/2020 09:05

https://hotcopper.com.au/threads/ann-securities-to-be-released-from-voluntary-escrow.5184019/?post_id=42500047

[blakieboy7] 21/1/2020 09:05

Interesting news just out on hot copper re SGC and securities to be released from escrow

[blueblood] 21/1/2020 08:21

Looking for Duyung reserves upgrade in next few weeks. This will be a game changer and open up financing alternatives for China imho.

[blakieboy7] 21/1/2020 06:13

While I'm curious about Borba, I'm also also curious about the work over plan for Dempsey

[dafrog] 20/1/2020 14:44

No trades today, but down.

[bushman1] 19/1/2020 12:55

We could know tonight at 23.00 hrs ASX opening. SGC / EME on Hotcopper bb . This is the main ASX forum to join : no Subscription fee either. https://hotcopper.com.au/

[bushman1] 19/1/2020 12:55

We could know tonight at 23.00 hrs ASX opening. SGC on Hotcopper bb . This is the main ASX forum to join : no Subscription fee either. https://hotcopper.com.au/ My thinking is California Resources Corporation will have arranged funding through Colony Capital ~ up to the full $ 4.3 mill required or part thereof ~ in exchange for a chunk of EME's. AMI . EME receive in return additional Working Capital for Far East 2020 operations where TK is really focused. Please DYOR All IMHO.

[blakieboy7] 19/1/2020 11:44

Bushman?, I hope Eme don't give up Borba completely

[bushman1] 19/1/2020 11:09

Agreed jj. It will be intriguing to know the WI's in the Borba prospect. My ten pennyworth envisages California Resources Corporation taking on the Lion's share of funding the prospect ~ $ 4.3 mill ~ in exchange for EME's 30 % AMI. It was interesting to note no reference to the US in the RNS.

[judijudi] 18/1/2020 09:10

https://uk.advfn.com/stock-market/NYSE/SLB/share-news/Schlumberger-to-Pare-U-S-Operations-WSJ/81555496 “Chevron and Exxon Mobil have written off billions in U.S. natural gas assets in recent years” A good move by Mr Kelly to get us out of our Marathon deal and maybe an indication that we should minimise interest in our USA gas projects and concentrate everything on our current assets in Indonesia and the SCS These big oilers are planning to minimise their USA exposure and concentrate on oil rich overseas areas. Must be good news for EME? bwtfdik 🤷‍♂;️🤷‍♂️

[nexus7] 17/1/2020 18:25

Sorry if already posted. Sacgasco secures drilling permit for Borba gas well in California hTTps://www.nsenergybusiness.com/news/sacgasco-drilling-permit-borba-well/

[bushman1] 17/1/2020 16:55

Kwizza : WI's currently in Borba are : Sacgasco Operator 46 % Empyrean 30 % Xstate 24 % The dry well cost is US $ 4.3 mill. EME / XST / SGC are operating on relatively modest budgets. A cash rich partner has therefore / is being sought . On 10th September 2019, SGC noted in their presentation at The Good Oil conference, Perth ' California Resources Corporation ( CRC ) ' were a Co-Venturer. ' SGC working with the Basin's Largest Producer '. ( Page 5 ) Also, Borba prospect creating '' broad industry interest '' If SGC are to spud end January / beginning of Feb as per GJ interview on 9th December 2019, details should be provided in the near future : Final WI's and confirmation of new JV partner (s) / Confirmation the drill pad has been completed ( by Nor Cal Pump & Well drilling ) / Type of rig insitu / Envisaged Spud date. Please DYOR

[currypasty] 17/1/2020 16:39

Sacgasco led Borba AMI interests are: Sacgasco Limited (Operator) 46% Empyrean Energy PLC 30% Xstate Resources Limited 24% that's the ami interest, but who pays what % is slightly different