Empyrean Energy Share Discussion Threads

[realcooltrader] 07/4/2022 12:13

Thanks blakieboy. I got the fob off just now. They wouldn't guarantee any timescale, no gesture of goodwill, just "we've got thousands to do".

To the board, any recommendations of half decent brokers?

[blakieboy7] 07/4/2022 11:54

Cool and Bob - I've just called II funnily enough. As a gesture of goodwill they've said they will complete my B&I by close of business. Get on the phone chaos and ask whoever you speak to to speak to their global trading team as you will be fobbed off otherwise

[realcooltrader] 07/4/2022 11:50

blakieboy/Bob, I'm having similar problems with ii and B&I. Has either of you had success yet?

[currypasty] 07/4/2022 11:01

buffey, T20 ?

[blueblood] 07/4/2022 10:59

What about the revised POD will that come after GSAs?

[blakieboy7] 07/4/2022 10:51

It's a shame Conrad aren't more specific with the GSA's

[starzerus] 07/4/2022 10:49

ref duyung.

On the Conrad Asia Website.


It says on the ABOUT page

Delivery of Key Milestones

2021,2022 & Beyond
Approval of Revised POD for the Mako Gas Field to reflect higher resources.

Completion of Gas Sales Agreements for Mako Gas.

Conversion of NEW Venture JSAs to PSCs

IPO on Australian Stock Exchange.

[blueblood] 07/4/2022 10:42

The bird is approaching the nest. Jade will be covered by first light tomorrow!

[buffythebuffoon] 07/4/2022 10:20

“ Instead of Bed and ISA, you could always just buy more EME in your ISA, then wait a week for the spud, and Duyung update (2-4 weeks is up monday), then flog them ?”

Says the man who presumably has lots of spare cash!

Buffy

[firestorm911] 07/4/2022 10:17

Some big trades in.

one lot of 426k and now another lot of 400K. These big buys are being delaysed

Thre's no smoke with fire. Time to dial 911, MMS pants will be on fire soon here.

[currypasty] 07/4/2022 10:02

Instead of Bed and ISA, you could always just buy more EME in your ISA, then wait a week for the spud, and Duyung update (2-4 weeks is up monday), then flog them ?

DIY B&I ?

[blueblood] 07/4/2022 09:55

Hopefully crack 12p this afternoon

[smackeraim] 07/4/2022 09:41

Looking good for new highs to me

[stewart4990] 07/4/2022 09:06

Morning all, looking good, for Jade, is this the 4th week indicated by Gaz for Duyung, if so it must be due.

That's weird First Equity just followed me on Twitter, must think I am a high roller, I note their last comment was on eme on rig mobilisation but just referring to the RNS

[blakieboy7] 07/4/2022 08:50

Thanks Bob, that's about the same time I instructed them. I hope they sort their act out soon!

[bobcomins2] 07/4/2022 08:49

blakieboy7

Yep - got 3 waiting since 10.00am yesterday. Not very good service. Selftrade who i was with before completed them with 10 mins.

[blakieboy7] 07/4/2022 08:33

Is anyone else waiting for interactive investor to action a B&I instruction??

[judijudi] 07/4/2022 08:29

Countless times

[ride daice] 07/4/2022 08:26

Has TK's lucky holding been discussed here before ?

[upwego] 07/4/2022 08:21

Quick reminder of the prize is mouth watering!

Empyrean Energy Plc One of the Highest Impact Wells of 2022.

Empyrean has secured a rig slot for the drilling of the Jade exploration well in Block 29/11, offshore China.

The NH9 drilling rig is anticipated to become available in late March or mid-April, with drilling to commence in early to mid-April.

The well is targeting 225mmbbls of mean oil in place in a world class conventional oil target, with Empyrean assigning the well a 41% internal geological chance of success (GCoS).

It is anticipated that the Jade prospect will take c26 days to reach total depth (TD), with the testing of any oil column encountered expected to take a further 14 days.

Jade is the first of three identified prospects within Block 29/11, which have an aggregate mean in place potential of 884mmbbls.

A discovery at Jade would remove any residual geological risk, whilst also increasing the commercial chance of success, leading to an estimated 3.6x increase in our risked mean oil in place Jade NPV10 to 47.8p.

Further, as Empyrean delineates and develops any discovery, the potential risk decreases to the point of first production, where there is 0% risk.

Unrisked, our NPV10 of the Jade prospect is 112.4p.

In the P10 oil in place upside case, a discovery would increase our risked NAV to 81.6p, whilst our unrisked valuation would increase to 193p.

At the P10 volume, discoveries at both Jade and Topaz (Empyreanâ€482;s other drill-ready prospect in Block 29/11) would lead to an increase in our NPV10 to an aggregate 185.6p, increasing to 452.1p, unrisked.

[blakieboy7] 07/4/2022 08:14

11.72p latest

[blakieboy7] 07/4/2022 08:14

11.5p paid

[jemjem] 07/4/2022 08:13

Despite the ridiculous looking spread, it's actually 11.10p to sell and 11.40p to buy.
Edit. Not any more!

[blakieboy7] 07/4/2022 08:12

Curry but there were environmental factors beyond Gaza's control, no? Worst weather for years!!

[currypasty] 07/4/2022 08:05

"25 ish days with a trouble free drill"


after Gaz 'spud before xmas' and 2-4 weeks on Duyung, they would stay clear of time lines