Empyrean Energy Share Discussion Threads

[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

[kwizza] 17/1/2020 15:33

People have been asking about Empyrean and Borba Does this show correctly the Empyrean Interest in the drill at Borba ?? www.sacgasco.com/wp-content/uploads/2018/01/Final-Permit-Received-for-Borba-Natural-Gas-Well.pdf

[bushman1] 17/1/2020 14:52

SACGASCO LIMITED (ASX:SGC) Many thanks JJ, the below interview was held on 12th December 2019. Release Date: 12/12/19 13:47 Summary: Investor Stream Interview Price Sensitive: No Download Document 824.03KB INTERVIEW Sacgasco (ASX:SGC) Managing Director Gary Jeffery joins Investor Stream after the Company received the final drilling permit for its Borba Natural Gas Well in the Sacramento Basin. Gary discusses the compelling geology at Borba, the comparison between the Sacramento and Perth Basins, and previews the Company's approach to the upcoming drilling program. Spudding : late January to early February 2020 : 2 mins 5 secs in : https://www.investorstream.com.au/sacgasco-release-december

[blakieboy7] 17/1/2020 14:31

Jemjem, I'd agree it looks somewhat out of date. It contradicts what SGC are saying completely

[jemjem] 17/1/2020 14:28

"California - The JV continues to evaluate the potential of the Alvares-1 well, with the initial plan involving the re-entry and assessment of the integrity of the existing wellbore, with the results being used as a basis to either record modern logs or to identify more prospective zones for perforation. At Borba, the drilling application for the Borba prospect was approved both by the County and by the California Department of Geological and Geothermal Resources. We expect the majority of 2020 will focus on the planning of an initial well in H2/20." bushman1. That's where it comes from but it does seem to be a bit confused or out of date. Maybe he spoke to GJ and it was all too much to understand what the real position is? Imo

[bushman1] 17/1/2020 13:46

I've spoken a few moments ago to the relevant O & G Analyst at Cenkos, I think he would also like to have the link / read this observation of yours . Many thanks.

[bushman1] 17/1/2020 13:41

Hodge Podge, would you be able to provide the link to the Cenkos note re : Borba Working Interests only being decided in H2 ?

[judijudi] 17/1/2020 12:31

Well after that little placing (hopefully the last) I reckon It’s game on

[showmethemoneyhoney01] 17/1/2020 11:57

Top ticker down, Hodge Podge. Is this year you get egg all over that ugly mug of yours? That's not a threat is it?

[showmethemoneyhoney01] 17/1/2020 11:44

Funny how placings below the current share price tend to fall to that level. Placings at a premium should surely reflect the same especially the CEO buying nearly half of them. The mind boggles how much Tom Kelly could make. He will deserve every dollar imo backing the company the way he has.

[blakieboy7] 17/1/2020 11:11

I've just topped up 12,210 shares. Every little helps

[blocker2] 17/1/2020 10:46

Cheap as chips..........2 top ups this week for me.

[ih_343518] 17/1/2020 09:41

dodgydd I cannot access those at the moment - will try to get them later today.

[seavista] 17/1/2020 09:41

R.Sole and his Haemorrhoid. Surprise surprise.

[dodgydd] 17/1/2020 09:02

Tarz, any chance of the update from the research tree please.

[currypasty] 17/1/2020 08:59

https://www.research-tree.com/companies/uk/oil-gas-e-ps/empyrean-energy/research/sp-angel/oil-gas-daily-flow/a3f29cad-30b6-48c8-a753-93fe9d5c3d83 anyone a subscriber?

[seavista] 17/1/2020 08:29

Ah the serial liar posting again I see. Well, as they say in Germany "From nothing comes nothing". Maybe another bamboo rig? Or another real deal?

[currypasty] 17/1/2020 08:22

latest comment from SGC, via twitter 9/1/20 "Meanwhile, Sacgasco is gearing up to spud the Borba 1-7 well in California after receiving a drilling permit from the California Division of Oil, Gas and Geothermal Resources." https://twitter.com/SacGasCo

[blueblood] 17/1/2020 08:13

If we are relying on GJ it could be anytime! Prone to missing deadlines and exaggeration. I hope we get Duyung news 1st anyway as it's much more important in the grand scheme of things and sets up funding for China.

[hodge podge] 17/1/2020 08:06

Yes WST, and they will not be until H2 according to house broker Cenkos Many a slip between cup and lip? Discuss

[blakieboy7] 17/1/2020 07:58

I guess TKs hands are tied re Birba until Gary J updates the market