Empyrean Energy Share Discussion Threads

[judijudi] 11/11/2024 10:28

Oversubscribed 😂😂

[showme01] 11/11/2024 10:25

Well that told me.lol

[showme01] 11/11/2024 10:11

Good to see buying this morning. Guessing the open offer was oversubscribed.

[judijudi] 10/11/2024 21:37

🤷‍a94;️

[odillon] 10/11/2024 21:09

Korupko - I think that was me and Toon and I'm not counting any chickens just yet.

[showme01] 08/11/2024 16:03

It was $2m but we all know the answer to that.

[cashandcard] 08/11/2024 15:40

Anyone been fired yet for the £2mln fudge?Cash

[roundtheworld] 08/11/2024 15:31

Saf you say “Tom is an explorer” but he seems more on a quest to find gullible shareholders to support his lifestyle than oil and gas. The market is well and truly on to him and the game is up.

Down we go again.

[judijudi] 08/11/2024 15:11

Hopefully that will change if Nortrust continue to buy and then force the goon to divi up
Imho

[safiande] 08/11/2024 14:36

odious,
It is not intended to issue any divi, not even to Tom who owns millions of shares. Proceeds from Mako are intended to pay off debt and even to get back into Topaz as mentioned by Toon. If not then Tom has mentioned many times that he is an explorer so further ( new )exploration is on the cards. Already started with Wilson.

[odillon] 08/11/2024 14:18

My hope is that shareholders receive the maximum possible dividend from Mako, that the benefits of Mako are not depleted or lost completely on another project and that Toon has been able to average down sufficiently so that he makes some profit from a Mako divi up.

[coiin stein] 08/11/2024 14:07

𝐭𝐡𝐢𝐬 𝐰𝐚𝐧𝐤9838;𝐫 𝐡𝐚𝐬 𝐛𝐞𝐞𝐧 𝟏𝟎𝟎% 𝐜𝐨𝐫𝐫9838;𝐜Ү53; 𝐬𝐢𝐧𝐜9838; 𝟐𝟎𝟏𝟕 𝐚𝐧𝐝 ...

𝐲𝐨𝐮 𝐤𝐧𝐨𝐰 𝐢𝐭

[coiin stein] 08/11/2024 12:51

𝐀𝐟𝐭𝐞9851;𝐧Ү48;𝐨𝐧; 𝐦𝐮𝐠𝐬 .. 𝐨𝐥𝐝 𝐚𝐧𝐝 𝐧𝐞𝐰

𝐋𝐨𝐰 𝐯𝐨𝐥𝐮9846;𝐞 .. 𝐣𝐮𝐬𝐭 𝟏𝟖 𝐭𝐫𝐚𝐝9838;𝐬 𝐭𝐡𝐮𝐬 𝐟𝐚𝐫, 𝐨𝐧𝐥𝐲 𝐭𝐰𝐨 𝐟𝐨𝐫 𝐜𝐢𝐫𝐜9834; 𝟑𝐤, 𝐛𝐨𝐭𝐡 𝐦𝐚𝐫𝐤9838;𝐝 𝐚𝐬 𝐬𝐞𝐥𝐥9852;.
𝐒𝐏 𝐢𝐧 𝐮𝐧𝐜𝐡9834;𝐫Ү53;𝐞𝐝; 𝐭𝐞𝐫𝐫9842;𝐭Ү48;𝐫𝐲; 𝐚𝐧𝐝 𝐬𝐡𝐨𝐰9852; 𝐚 𝐬𝐭𝐚𝐧9837;𝐚Ү51;𝐝 𝐭𝐡𝐫𝐞9838; 𝐠𝐚𝐩𝐬 𝐝𝐨𝐰𝐧 𝐜𝐚𝐧𝐝9845;𝐞Ү52;𝐭𝐢;𝐜𝐤𝐬 𝐜𝐨𝐧𝐟9842;𝐠 …
𝐚𝐧𝐝 𝐲𝐨𝐮 𝐡𝐚𝐝 𝐭𝐡𝐞 𝐛𝐨𝐮𝐧9836;𝐞 𝐨𝐟𝐟 𝐭𝐡𝐚𝐭 𝐲𝐞𝐬𝐭9838;𝐫Ү37;𝐚𝐲;.

𝐒𝐮𝐩𝐩9848;𝐫Ү53; 𝐚𝐫𝐨𝐮9847;𝐝 𝟎.𝟏𝟐𝟑
20785; …
𝐍𝐞𝐱𝐭 𝐬𝐭𝐨𝐩 𝟎.𝟎𝟑𝟔
20789;

𝐀𝐛𝐬𝐨9845;𝐮Ү53;𝐞𝐥;𝐲 𝐝𝐞𝐥𝐢9840;𝐡Ү53;𝐞𝐝; 𝐭𝐨 𝐰𝐢𝐬𝐡 𝐲𝐨𝐮 𝐚 𝐠𝐫𝐞𝐚9853; 𝐰𝐞𝐚𝐤 𝐞𝐧𝐝 …..

[showme01] 08/11/2024 09:50

Jemjem, could I ask you your thoughts on this new project and what would a successful find be valued at per estimated extracted barrel of oil equivalent?

[judijudi] 08/11/2024 07:19

Carpet Brushed

[odillon] 08/11/2024 01:47

The newbies may be unaware of the Jade duster proclaimed by Tom Kelly as
"one of the highest impact and exciting wells of 2022"

...or indeed of EME losing 2 million in a Bank transfer and no evidence being known to this board of the Court Proceedings that EME say they took in respect of this huge loss. I am not saying that the company did not take legal proceedings, just that there is no independent evidence of the proceedings mentioned anywhere on this board and I have been unable to locate any evidence of them elsewhere. If anyone has any independent evidence that court proceedings were taken please provide a link.

[judijudi] 07/11/2024 18:19

The chance of drilling success in the Cooper Basin in Australia varies, but here's some information about the success rate:
Overall success rate: The commercial success rate for exploration wells in the Cooper Basin is 41.2%.
Success rate for conventional plays: The success ratio for conventional plays in the Late Carboniferous - Middle Triassic age is 0.442.
Success rate for Santos: Santos has a 75% success rate in the Cooper Basin.
Success rate for Beach Energy: Beach Energy claimed an 82% success rate in 2018.
Exploration success in 2023: Exploration success in the Cooper–Eromanga Basin declined in 2023.
The Cooper Basin is 35,000 square kilometers and has an exploration well density of one well per 58 square kilometers. The deposits in the basin are small but economical to drill and complete.

[safiande] 07/11/2024 18:15

MrBlobbythe2nd7 Nov '24 - 15:27 - 56412

High quality research above on the Kiwi well in the Cooper Basin. Good to see others also sharing such workload.

[judijudi] 07/11/2024 18:14

There are various companies drilling in the Cooper
This is just one
There is loads of info out there
Some companies have a high success rate some not so high
We are talking about EME and our record speaks for itself
Does it not?

Despite the modest increase in exploration expenditure there were 38 exploration wells drilled in 2023, an increase from the 26 wells drilled in 2022. Three of these 2023 wells were located offshore, targeting prospective resources in the vicinity of LNG project upstream gas fields. Thirty-four conventional onshore exploration wells were drilled in 2023 compared to 18 in 2022, a significant increase. The Cooper-Eromanga Basin is the focus of onshore exploration drilling with 21 exploration wells, compared to 13 in 2022, which yielded 6 discoveries. Exploration success rates in the Cooper-Eromanga Basin are declining coincident with total well count.

[mrblobbythe2nd] 07/11/2024 17:47

There is nothing in the market that suggests the COS is as low as 30%, the Cooper Basin is oil prolific, as ever some longs who deem to have been shafted (ignoring AIM's woeful performance) seem determined to trash their own investment, just because the share price is low now does not mean it will stay there.

In raising £1m cash the company is secure whereas previously it was not, now there is new project interest as well as the guaranteed sale of the Mako stake which, as everyone knows, is worth multiples of the current m/cap.

One suspects some very shrewd operators have bought the placing and their holding will not be flipped for the usual 10% preferring to wait for multiples of profit.

Buy the lows and profit.

[judijudi] 07/11/2024 17:14

Jade was touted at over 40% COS and we know what happened there!

[showme01] 07/11/2024 16:28

He hasn't bought it, he has secured the option as I understand it, which is why he had to raise this money for EME to get the option transferred to them and contribute to the drill