Buy
Sell
Share Name Share Symbol Market Type Share ISIN Share Description
Empyrean Energy Plc LSE:EME London Ordinary Share GB00B09G2351 ORD 0.2P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  0.00 0.0% 3.875 3.75 4.00 3.875 3.725 3.88 124,301 08:00:04
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers 0.0 -0.8 -0.0 - 19

Empyrean Energy Share Discussion Threads

Showing 308301 to 308322 of 309200 messages
Chat Pages: Latest  12344  12343  12342  12341  12340  12339  12338  12337  12336  12335  12334  12333  Older
DateSubjectAuthorDiscuss
17/1/2021
13:17
Well I hope you continue to post forget the few.I didn't realise you had been through Covid thats a huge problem for you so I hope you are now fully recovered. In the UK its much worse number wise we are approaching 100k deaths quite unbelievable for a country like the UK compare that to Australia and New Zealand.
stewart4990
17/1/2021
13:10
Three drink related slurs against me this weekend, but which couldn´t be further from the truth as I was in hospital in early Oct for 16 days with Covid. So I haven´t touched a drop since Sep, not even at Xmas / NY. I didn´t post for several weeks at that time. Judijudi has stated that I am " to ( sic ) personal ". Probably true in relation to the handful of anti EME individuals here such as Begorrah88, Hodge etc. Anyway I will discontinue as it illogical to despise strangers such as those types and I will instead be neither courteous nor discourteous. to those types. However I will continue to highlight any lies / errors from serial derampers such as Begorrah88.
safiande
17/1/2021
12:41
.......and then post about it so that everyone knows what a top guy you are..........;-)
begorrah88
17/1/2021
11:55
I have Begorra on filter but I assume another attack against someone's opinion.......If you don't want to hear someone's opinion you can filter........ simple.
blocker2
17/1/2021
07:12
Saf,Drink & insecurity is a toxic combination.Throw in delusions of grandeur & flakey research that doesn't bear scrutiny & you have the perfect keyboard warrior.Can't see you leaving here. You need this board more than it needs you, but if you do jog on then I won't miss your technical guesses.
begorrah88
16/1/2021
18:47
This is what happens when we're starved of news! Come on Kelly
blakieboy7
16/1/2021
18:01
saf, You get too personal Probably drink induced Keep posting for me I only skim read it anyway
judijudi
16/1/2021
17:57
Safi,I very much appreciate your posts and look forward to reading your informative comments. You clearly spend considerable time researching the 3 main projects so please continue to post as before.I still hope for Borba it would give us a boost and if they need funds I am sure Tom could locate them, not that keen on the available facility on offer though.
stewart4990
16/1/2021
17:35
Safi please keep posting great research. Everyone's getting bit long in the tooth for this share now and 2021 needs to see inflection point!
blueblood
15/1/2021
16:32
Saf, Just filter me Quite simple really Even you could get that right 😂🤣
judijudi
15/1/2021
16:22
Had a drink again saf?
begorrah88
15/1/2021
15:13
𝐃𝐢𝐝 𝐈 𝐦𝐞𝐧𝐭 9842;𝐨Ү47; 🅲🅷🅸🅽 7344;? 𝐘𝐞𝐬 𝐈 𝐝𝐢𝐝 ... 𝐢𝐧 𝟐𝟎𝟏𝟗 𝐩𝐨𝐬𝐭 9852;: 𝟐𝟕𝟖𝟖 0789; 𝟐𝟕𝟖𝟕 0789; 𝟐𝟕𝟖𝟕 0785; 🅷🅰🆅🅴 🅰 🅶🆁🅴🅰 7363; 🆆🅴🅴🅺 7348;🅽ӹ47;
coiin stein
15/1/2021
14:34
Malcy just now, Natural gas A number of readers have asked, and commented on why I have started putting the UK natural gas price at the top of the blog this week. I have been meaning to add it for some time but the recent rally forced my hand. The irony is that having had a huge run the first day in the blog signalled the top, at least for the very short term… Either way, UK NBP day-ahead prices which were as low as 8.6p on 28th May 2020 peaked at nearly 80p earlier this week, the highest since 2018, making an obvious and significant change for those focusing on gas production. Looking further down the curve, winter 2021 prices reached 53.7p, the highest close since Oct 2019 – reflecting a tightening gas market for next winter. The continued cold, settled weather drove total UK gas offtake on Thursday last week to over 400mcm for the first time since 2018. By comparison, demand of 417mcm on 1 March 2018 during the “Beast from the East” prompted the first ever Gas Deficit Warning to be declared, driving NBP briefly to all-time highs. Spot LNG prices in Asia hit a record (at the time) $21.45/mmbtu by last Friday 8 January amid a severe cold snap in Asia this was the highest level on record, equivalent to around 160p/therm based on current FX rates. Again this was up >9x from the exceptionally low level of $2.25/mmbtu as recently as April 2020. Prompt gas prices in Spain also went over €60/MWh – an equivalent level – as the country was battered by Storm Filomena whilst on 12 January, the market went to even greater extremes, spiking up to over $30/mmbtu, and one LNG cargo for immediate delivery was even sold by Total to Trafigura for $39.30/mmbtu – reflecting an almost total lack of short term supply. This unprecedented tightness in the LNG market is directly impacting the UK: I’m told total LNG cargoes delivered into the UK for January are likely to number only 3-4, versus 24 last January, an astonishing turnaround. Consequently the UK gas grid is currently highly dependent on pipeline flows and storage withdrawals and as at mid last week, 38% of gas supply came via pipeline from Norway, 16% from continental interconnectors and 13% from storage. UKCS production supplied only 22% and LNG only 11%. So whilst a gas price recovery was predicted by a number of key players what has been driving such a strong and rapid resurgence? Firstly, fundamentals have inverted completely since the spring/summer of 2020 when they were very weak, for example extremely cold temperatures in Asia have been driving record power demand levels, in turn driving very strong gas demand and even has seen reported cases of coal fired power stations being recommissioned. In a ‘you couldn’t make it up moment’, Government guidelines to keep windows open to reduce Covid risks in markets such as Japan are further strengthening heating demand literally blowing hot air into the atmosphere. We in Europe have seen cold and settled weather compared to seasonal norms (and exceptionally cold winter conditions in some specific areas around Europe, e.g. Madrid where measurable amounts of snow has settled most unusually). All this has led to withdrawals from UK inventories were near a 3-year high in the first week of January. Renewables and ‘trendy energy’ havent delivered quite as had been hoped for in some cases, indeed less windy weather has reduced wind power generation, accentuating high gas demand. Global LNG production growth slowed sharply in 2020, increasing by less than 6m tonnes to 361.4m tonnes, after years of sharp increases and some large LNG projects have recently experienced unplanned outages, further reducing supply (e.g. Hammerfest in Norway, Prelude and Gorgon in Australia, Arzew in Algeria). Short supply of LNG vessel capacity and congestion on the Panama Canal has reduced the availability of spot LNG cargoes, with the longer journey for US cargoes going to Asia soaking up capacity. Thus spot vessel rates have rapidly escalated, with BP recently paying $350,000 a day to charter an LNG tanker – the highest day rate in history for any commodity tanker (I understand LNG tanker spot rates are typically around $50,000/day). Where should we expect prices to go in the short term? Weather forecasts are warning of more cold weather to come over the coming weeks – with even the outside chance of a repeat of the Beast from the East and we know what effect that has on spot prices. I’m sure that investors are aware of all this but it is worth pointing out the recent price history as well as the potential for further strengthening of forward gas prices for this year and next as inventories fall faster than originally anticipated. As gas producing companies make trading updates in coming weeks it will be worthwhile finding out quite what benefit recent prices have meant to them and if they are taking any action to lock in prices this year and next.
stewart4990
15/1/2021
14:14
Stew, I am not a great fan of drilling China which is why I rarely post on that subject so I would not lose any sleep if they sell at a great price considering the proximity of 29 / 11 to extant oil fields. On Duyung I believe that I & several other posters of note raised the possibly of EME staying in for full field development 12 - 15 months ago at full or reduced wi. However we were assured by a few posters here that it would not happen because of Tom´s experience of the producing wells at Sugarloaf. Hence EME will never be a producer. Lol. Therefore I do not mind if they sell up at Duyung or retain an interest as it is a cash cow if they can stump up the capex. I am also closely watching Borba which is due to spud in 2 weeks or so. SGC seem to have managed to secure a decent placement yesterday. As mentioned EME still retain AMI rights so there is still the chance to be involved & to drill Borba type wells if the current well is successful.
safiande
15/1/2021
13:47
Safi, Thanks for that, so are you saying sell the rights to China and keep part of Duyung, I would be ok with that if we get the right price, any ideas on the right price because if we drilled and its a success it would be life changing for many here. Might even have a punt on SGC drill then, I have been here over 12 years so be good to get out save me downsizing.
stewart4990
15/1/2021
13:43
Hodge Podge15 Jan '21 - 10:59 - 35582 of 35590 0 5 0 China will never be drilled by EME imv Mark this post Discuss ---------------------------------------------------------------- discussion... maybe you're right with the 'by EME'...refer to my above post, if Duyung monetisation is delayed, then do a jv with a bigger partner for a decent free carry. Lower overall return but also lower risk and shorter timeline...are you reading this Thomas? I note that you have NOT stated that 'China will never be drilled' so you seem to have changed your tune a little if I remember correctly you were adamant that it would not be drilled at all. Discuss.
lazarus2010
15/1/2021
13:43
saf, You know no more than the next person You’ve called EME consistently wrong for years and years Embarrassingly wrong in fact Oh and get off your high horse
judijudi
15/1/2021
13:27
Curry, I have hodge & Colon bottom stain on permanent filter but I also believe that it is possible that EME is unlikely to drill in China, considering the delay & certainly not as operator. For once I agree with the judas goat, sell the lot at a great price. I first invested in 2006 - 15 years is far too long in one company. Furthermore Tom deserves to cash in his 88 million or so.
safiande
15/1/2021
13:25
Let's not forget Saf's statements in August 2020 'Safiande - 21 Aug 2020 - 11:11:13 - 32427 of 35588 '......... As per today´s results, on Borba it is absolutely clear that EME intend to participate in the drilling' .................................... Just 2 moths before the RNS saying they weren't I'd say your guess is as good as anyone else's Saf but history suggests otherwise.
begorrah88
15/1/2021
13:13
thanks for that safi. Personally Id prefer to flog the lot and be done as we arnt a producer.. But lets see what transpires... hodge "China will never be drilled by EME" are you saying we will sell the project?
currypasty
15/1/2021
13:10
So you now think everything has changed since the drills & that negotiations etc are starting again to include the 'new' figures. Begs the question of what has been going on for the last 9 months, no? Other than the regular dilutions and share price collapse. Are you trying to convey awkward, disappointing info on behalf of a 'friend' or just taking wild stabs in the dark now that all your previous expectations & predictions (posted with some conviction & dismissing any questioners it must be said!) have not come to fruition? If your latest summary & suggested direction are anywhere near correct then an update to tell the market of revised plans is surely required. Not some unapologetic chancer on a bulletin board trying to steer the narrative.
begorrah88
15/1/2021
12:47
Curry, I know that you are keen on a clean break on Duyung i.e. complete sale of EME´s wi of 8.5%, but so far we cannot rule out EME´s continued involvement in some way, albeit say at a reduced wi and maybe participation up to say phase 1 only covering the first five production wells ( 150 mmscf/pd combined ) at relatively low capex - shallow field etc, maximising lease operations. Tom´s last official statement on 22 Sep was that any sale would depend on the terms offered & that negotiations would be led by Conrad only. At that time Conrad had not started any sale plans. Pre drilliing Conrad planned to sell the lot. However post appraisal drilling both the Executive Chairman & the CEO have stated separately that they now plan to stay in probably at a lower wi, no doubt because of the vastness of Mako gas ( 1Tcf +? ) & the lucrative nature of the field. They have ultra rich private shareholders with very deep pockets. Coro may well stay in also at a lower wi considering their debt position. The HOA with Sembcorp was signed months ago. I now suspect that it is totally out of date & is currently being re-negoiated to reflect the new GCA project figures endorsed in Dec by the Indonesian regulator & recent high gas prices in the region, which could be the reason for the delay in signature of the GSA. Such signature is now quite close as per " Pro active " media & dear Malcy on 21 Dec 2020. On pricing I remember listening to a speech by Andrew Dennen to Coro investors where he stated that the GSA is typically a long term contract of up to 20 - 25 years. Because of its length it contains provisions allowing for revisions to the program, price etc every 4 -5 years or so. Furthermore it contains a yearly price revision clause allowing for inflation etc. The arch de-ramper here has accused Tom of refusing to provide any updates which is of course yet more lies from begorrah88. Based on the above I am more than happy to rely on the professionals to finalise the GSA and to await news whenever they deem appropiate.
safiande
Chat Pages: Latest  12344  12343  12342  12341  12340  12339  12338  12337  12336  12335  12334  12333  Older
ADVFN Advertorial
Your Recent History
LSE
EME
Empyrean E..
Register now to watch these stocks streaming on the ADVFN Monitor.

Monitor lets you view up to 110 of your favourite stocks at once and is completely free to use.

By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions

P: V: D:20210305 23:21:49