Empyrean Energy Share Discussion Threads

[timw3] 13/10/2017 10:30

EME news flow very very soon here. will test new highs soon imo

[kumala] 13/10/2017 10:26

Now were talking.. again.... go baby go...K

[sussex04] 13/10/2017 10:25

Let the good times roll ;)

[oilforex] 13/10/2017 10:04

A few more into my locker. Seems to be ticking up quite nicely this morning. News flow imminent.

[el cid4] 13/10/2017 09:56

thats better harrisen keep to facts etc, you seem good at it ,but not all this silly talk you get into,by the way this,lth, last sold eme was in 2009 @£1.09 then back in 2012 took my payout and been buying since now 2.5 mil but will sell again at £1.09 or more so harrisen stay calm and keep the faith

[blueblood] 13/10/2017 09:45

Good to see a proved asset underpinning this market cap before we complete testing on our company maker at Dempsey. Makes you almost forget the potential biggest of the lot is being reinterpreted as we speak....

[cmackay] 13/10/2017 09:43

I love Empyrean Energy.

[harrissen] 13/10/2017 09:29

"Conrad is the operator and 90% owner of the Mako South –1 well and the Duyung PSC together with AIM listed Empyrean Energy Plc who is the 10% owner."

Additional Prospects in DUYUNG PSC

Based on an analysis of the latest 2D and 3D seismic, additional high-impact exploration prospects have been identified in Duyung PSC. These prospects are located among the deeper synrift sequences and offer potentially recoverable reserves of more than 2Tcf of gas with condensate or close to 1 billion barrels of oil"

So EME's 10% of the additional exploration prospects alone could equate to 100m barrels of oil!!

Nice!

[cmackay] 13/10/2017 09:19

Thanks Harrissen.

If it's of use to anyone, I was given a couple emails from this domain, but they didn't reply.

[kumala] 13/10/2017 09:11

This long termer wont either. After al these years to sell out for a few.pence rise is crazy imho.K

[harrissen] 13/10/2017 09:09

Conrad should inform EME who will inform the mkt and shareholders by RNS

[cmackay] 13/10/2017 09:06

With Conrad being a private company, they obviously do not release an RNS. Is their website the only outlet for their pending update?

[stewart4700] 13/10/2017 08:49

Been here for 10 years and never been so upbeat, my original sell at 22p was achieved, only sold 20k, next target 30p and I will only be selling 100k then Iwill keep the 800k plus for the day I retire ehich hopefully will be 100p plus, hope its 1 year or so but 2 years is ok, would like to see outcome of Mako and China.

Regarding Mako, the next stage should be about ready any ideas when it starts be good if we could get another opportunity for a higher percentage.

[starzerus] 13/10/2017 08:42

No you are right Malby the long termed won’t.

[maltby2002] 13/10/2017 08:38

This long termer won't!

[harrissen] 13/10/2017 08:30

The long termers will put on their trading hats as soon as the share price moves a half point in their favour and block the rise in its tracks.

[harrissen] 13/10/2017 07:54

COSL rig heads back home as Conrad wraps up Mako well testing.

June 28, 2017

Mako is a very large gas accumulation with a lateral extent of approximately 340km2. With the addition of the Mako South-1 well, four wells have now penetrated the Intra Muda Formation, but Mako South-1 is the only well to have been production tested. According to Empyrean, Conrad now plans to thoroughly analyse the latest information, both the production test and other down hole data including core, and aggregate it with that from previous wells in order to progress a development plan.

Tom Kelly, Empyrean CEO, commented: “The results have exceeded everyone’s expectations. An excellent flow rate of 10.9 million cubic feet of gas per day that was limited by the available down hole equipment and may, subject to full analysis of core and other data have room for improvement is simply such a pleasing result for all of our shareholders.

“These results dramatically de-risk this project and confirm a very large accumulation of gas with terrific reservoir quality in a region that achieves high gas prices due to high regional demand.”
......................


Conrad are due to release their 'development plan' any day now which on its own will drive the EME share price way above 30p imo!

[blueblood] 13/10/2017 07:33

See the bi-polar wind up merchant was in full flow last evening....

[harrissen] 13/10/2017 07:29

From this Monday onwards we are into RNS territory on several fronts including the far east and of course Dempsey.

Jeff will be champing at the bit ready to announce progress on the RIG 3 status.

There could be a last chance rush to buy in today and a close above 20p should be easily achieved. imo.

Innit soggy drawers?

[cmackay] 12/10/2017 22:49

Blessings to the dead and the living that follow them.

[daydawning] 12/10/2017 21:33

Sad to hear of Mortie's passing.Condolonces to kin.