Empyrean Energy Share Discussion Threads

[cmackay] 05/10/2017 10:57

Abergele, I was tempted to sell off for a top up today still, but really I have a nice holding for a beginner. I probably do best to do nothing, in this circumstance. Gla!

[abergele] 05/10/2017 10:51

Morning Stewart,
I'm afraid a load of people bought in yesterday,and luckily stopped the rot,
but it made no ground on more buys than sells.

plus,
someone bought early and sold this am ,and lost a few quid it seems,
as there has not been any share rise rush for their quick profits..
this is the challenge we face I'm afraid..gl mate

[stewart4600] 05/10/2017 09:44

Surprised that interview has not pulled in buyers, all seems good to me, yes a couple of weeks or so longer, does that matter, get it right that's the main thing.

[currypasty] 05/10/2017 09:09

were lagging behind now

[shirley83] 05/10/2017 09:08

Great potential as well as SULA..

[tidy 2] 05/10/2017 09:07

Yes so we can estimate commerciality will be achieved very early in the testing phase from the primary objective zones. Linked up straight for sales.

[abergele] 05/10/2017 08:55

Quite right Jrm.01...All mine are paid for,hurts to see it go lower, but in the end as you put it." a world class GAS play at Dempsey"..so wait patiently,
all will be revealed I'm sure in a positive mode..later...gla

[jrmarcus01] 05/10/2017 08:47

Patience will be rewarded here and at SGC with multi bag returns. A truly world class gas play at Dempsey. It will be transformational for all involved. Just put your earplugs in to block out all the noise from nervous inexperienced novice investors who panic at the sight of their own shadow!! If they want to sell their £200 holdings then more fool them. It wont change the big picture!

[abergele] 05/10/2017 08:39

Cmackay,
I was hovering on the buy button yesterday at 17.25p,,but had previously topped at 20.20p.on tuesday..also holding a lower top up at 17.45p.24/9..but it would have been a T20...and we know how the m/m's play these,so chickened out...good luck in the future..

[telbap] 05/10/2017 08:38

Back to 20p by the weekend......like a yo yo. Sit Back, relax, chill out, wait for the news, good or bad......have a good feeling we will see some great share price action pre results....we will then see who has the power of the brown pants

[bskiny1] 05/10/2017 08:31

Saf....if you are about. You talked about them using the Rig 8....they seem to have said they are using Rig 3...is there any significant in this choice. thanks B

[cmackay] 05/10/2017 08:30

Abergele, such is life indeed my friend. It would have suited me for blnd to have gone ex div yesterday and let me in here for a top up but never mind

[currypasty] 05/10/2017 08:29

tidy, with that pressure, could we assume it is going to flow pretty dam fast?

[cmackay] 05/10/2017 08:26

Tidy2, I'm currently training towards scuba certification, that's a whole lot of bar!!

[tidy 2] 05/10/2017 08:23

Note 10k psi tubing being used. That's 689 bar pressure, for perspective a standard hydrant in a UK street is minimum 3 bar pressure. Ever seen one gush, 18 foot into the air and that's with a 65mm outlet. Interesting they let the gas pressure tubing info out.

[abergele] 05/10/2017 08:07

It's a damn shame this news filtering through couldn't have been a day earlier,
and we wouldn't have lost so much ground ,
all those buys yesterday ,just to hold ground would have propelled us forwards 2p at least by days end...that's life..gla

[s0n1cb00mb0y] 05/10/2017 07:44

Very good news from OZ Im expecting a good day here today.

[harrissen] 05/10/2017 07:21

Cheers Brotherhumble!

Brotherhumble
5 Oct '17 - 06:51 - 10233 of 10233 1 0

EME Discussions with management suggest it could be buy time
Published on: Oct 5, 2017 | by Trevor Hoey
…



Published on: Oct 5, 2017 | by Trevor Hoey

Shares in gas producer and explorer, Sacgasco (ASX:SGC) have traded in a volatile fashion over the last few weeks, but investors haven’t been disappointed. Given the group is on the verge of releasing results from a potentially game changing well, there are bound to be plenty of investors pondering whether it is time to wade into the stock or take a profit.

The good news for SGC is that the majority of money has been with the former with the few retracements that have occurred in the course of surging some 150 per cent from 9 cents a month ago to a recent high of 23 cents, resulting in some of the highest volume buying in the company’s history.

Investors may have another chance to buy into a dip with the company’s shares pulling back to 15.5 cents on Wednesday. This was under comparatively weak volumes and didn’t appear to be related to any particular news flow, but it has provided a buying opportunity.

Of course, historical data in terms of earnings performance and/or share trading patterns should not be used as the basis for an investment as they may or may not be replicated. Those considering this stock should seek independent financial advice.

Though management released some news regarding testing procedures at its Dempsey 1-15 this was mainly to do with the logistical side of the group’s operations and in no way related to the results of upcoming test results.

[mike the golfer] 05/10/2017 06:27

SGC up 6.5%, XST up 7.7% and PCL up 25% overnight. Investors seem to have been reassured by above Finfeed interview with Gary Jeffery. Their headline:

'Discussions with management suggest it could be buy time at Sacgasco'

[blakieboy7] 05/10/2017 02:26

https://finfeed.com/energy/sgc/discussions-management-suggest-buy-time-sacgasco/20171005/. Shares in gas producer and explorer, Sacgasco (ASX:SGC) have traded in a volatile fashion over the last few weeks, but investors haven't been disappointed. Given the group is on the verge of releasing results from a potentially game changing well, there are bound to be plenty of investors pondering whether it is time to wade into the stock or take a profit.The good news for SGC is that the majority of money has been with the former with the few retracements that have occurred in the course of surging some 150 per cent from 9 cents a month ago to a recent high of 23 cents, resulting in some of the highest volume buying in the company's history.Investors may have another chance to buy into a dip with the company's shares pulling back to 15.5 cents on Wednesday. This was under comparatively weak volumes and didn't appear to be related to any particular news flow, but it has provided a buying opportunity.Of course, historical data in terms of earnings performance and/or share trading patterns should not be used as the basis for an investment as they may or may not be replicated. Those considering this stock should seek independent financial advice.Though management released some news regarding testing procedures at its Dempsey 1-15 this was mainly to do with the logistical side of the group's operations and in no way related to the results of upcoming test results.Sacgasco prepared for high reservoir formation pressure during testingHowever, FinFeed took the opportunity to catch up with SGC's Managing Director Gary Jeffery. We discussed the extremely positive developments that have occurred over recent weeks and the bigger and better things that may be expected from the drilling of nearby wells.In terms of Dempsey 1-15's current status though, it is business as usual with Jeffery saying, "Dempsey 1 is entering a very exciting stage as we gear up to test the multiple zones that were identified during the drilling phase and we have contracted a workover rig that can deal with the anticipated high reservoir formation pressure that we expect to encounter".Jeffery confirmed that Dempsey 1-15 is a breakthrough well and a potential game changer for the Sacramento Basin, as well as SGC. With a stake of 50% in the project, immediate access to the existing pipeline infrastructure and broader regional asset ownership, SGC has unparalleled leverage to what could evolve as a re-evaluation of many of its assets that have exposure to surrounding territory.Dempsey wellThe exploration and production profile of SGC's assets as outlined above indicate that the company is punching above its weight, particularly given its conservative market capitalisation of circa $40

[bishopawn] 04/10/2017 21:46

A curved ball of unexpected excellent news from other areas of the business is not priced in.

[phoebusav] 04/10/2017 20:54

WCJ, I was thinking the same this morning, although flow testing was supposed to be underway by the 9th, so I'd say more like 2.5 weeks until we get back to the 22p level, which is 24% up from here. An almost certain excellent return in a very short time. Buy on any and all dips if you can get the liquidity off the MMs IMO.

[wcj] 04/10/2017 19:41

Towards the end of October Dempsey will be at the same stage that we thought it was this morning. So logically the share price would be at about the same level, i.e. 20 or so. So anyone buying now should expect to be up 13% in about 3.5 weeks. Quite an attractive return on an annual basis (a rough calculation makes it a 22 bagger!)