Empyrean Energy Share Discussion Threads

[michaelhfrancis] 17/10/2017 15:55

What if as was suggested by a few on here recently that the lowest zone sits right above the kitchen where all the gas was cooked is their a possibility that when this zone starts to produce that the kitchen will continue to feed this bottom zone if this is a possibility its no wonder that management when interviewed can not help smiling at the camera. Experts opinion on the above appreciated

[terry hardacre] 17/10/2017 15:54

Lol, sorry TG, only just noticed the vid with the noise turned on - yep, she's mine alright, she's the shy, retiring, member of the tribe ?

[stewart4700] 17/10/2017 15:54

dean,

Actually 14 x 3.33 is 46.6p Steve Larrett tweeted 45p I think, that would do me.

[bluehooperman] 17/10/2017 15:53

I know I can use the filter button crosseyed, but DRH is ruining this thread, he's been filtered for a long time by myselfHave a look on VOG B.B. !!!!

[deanroberthunt] 17/10/2017 15:49

I rounded up :) to the nearest ten

[thegreatgeraldo] 17/10/2017 15:48

Maths not your strong point though....

"14 * 3.33 = 50p"

[deanroberthunt] 17/10/2017 15:43

I reckon it'll be nearer 2tcf

[deanroberthunt] 17/10/2017 15:43

14 * 3.33 = 50p

[stewart4700] 17/10/2017 15:42

Thanks all for that,

mark of the rushes.

Got it so 30% 0f the gross 300bcf, or net 90bcf, if its 1tcf then 3.33 times or 45p a share to eme. I was thrown by the 14p per share but now follow.
cheers

[seagreen] 17/10/2017 15:25

Deano just pulling your leg you were being a tad in your face.....8-)

[mark of the rushes] 17/10/2017 15:23

Stewart, that 300bcf they're talking about is gross and just a "what if" scenario so only 90bcf to eme. If it were net(so a tcf gross) then we are talking 57p to eme as per TK's valuation.

[deanroberthunt] 17/10/2017 15:19

is that you being restorative...

[thegreatgeraldo] 17/10/2017 15:17

Rhymes with blunt, as in not very sharp at all. ;-#)))

[seagreen] 17/10/2017 15:14

I presume that is hunt with an h and not a typo

[deanroberthunt] 17/10/2017 15:11

I said 50p, near enough

[starzerus] 17/10/2017 15:04

Yes Blueblood you are correct 45pps per share based on 1tcf - for this well only - not the trend - 3 wells dempsey trend or Alvares 2.4 tcf?? - however TK did say 57p for this well i think.

[blueblood] 17/10/2017 15:03

It's risked as well so in line with TKs 57p for Dempsey

[blueblood] 17/10/2017 15:00

Stew that's total so TCF multiplies by3.33 or 45pps

[deanroberthunt] 17/10/2017 14:56

14p is NAV..cash is ongoing

[oilforex] 17/10/2017 14:55

You are missing nothing Stewart.

[deanroberthunt] 17/10/2017 14:55

but he'll probably tell you to do it yourself.