Empyrean Energy Share Discussion Threads

[stewart4700] 31/10/2017 13:54

Its 1 v 2 21p bid 21.5 Offer

Must be a largish seller,

Someone bought 91K @ 21.4p so under the offer price.

Apologies for confusion.

[tidy 2] 31/10/2017 13:51

How's L2 looking guys. On my phone ..!

[tidy 2] 31/10/2017 13:45

Nov 1st tomorrow...!!

[stewart4700] 31/10/2017 13:32

They don't seem to want to let this go up despite all looking good, perhaps there is a seller or a buy order to fill, I tend to agree with Judi there does some to be a number of smaller retail sellers, probably on edge and deciding to depart or some LTH's just taking some off the table.

I was going to take some off the table perhaps 50K at 24p but it never got there so decided to just let it run, there is a small delay I would say, as its saying early November but that's nothing to be honest. I would prefer they get it right, incidentally I agree with coopgare's post although SGC have not commented on changing from lower level first.

[the guardian] 31/10/2017 13:03

The pressure encountered at the bottom of the well obviously caused concern and a cautious approach to the testing. I think that if they manage to perforate and test the bottom zone without any major issues, then assuming it flows in commercial quantities, they will not push their luck any further at this stage. I'm sure that they must be able to infer the flows from the other zones without actually perforating the liner.

[mark of the rushes] 31/10/2017 12:18

Nice one Tarz! I told my best mate to buy months ago when they were about 7p. He dillied and dallied because he was scared what his wife would do to him if he lost the "new campervan money". Meanwhile, his sister dove in and bought 100,000 at 10p. Well, he finally took the plunge and bought 45,000 yesterday at 22p. I just want him to make enough that he can come golfing with me as I tick off more of the UK's top golf courses.

[blakieboy7] 31/10/2017 12:14

I think Gary Jeffrey will stick to his original plan unless he tells us otherwise

[tidy 2] 31/10/2017 12:08

luckyman2 4,372 postsRE: EME flow testing next stage.If they perforate all the zones using a sliding sleeve then they can open and close whatever zones they wish when in production This is the way to go .imoThoughts ??

[starzerus] 31/10/2017 12:07

well i have bit the bullet and put an order in - if it does drop again to 21 .

couldnt resist - dont tell the Mrs!

[ayesha4] 31/10/2017 11:42

News is v close. This could double in an instant. Just sit tight. Sellers will regret it.

[buffythebuffoon] 31/10/2017 11:40

Agreed tgg.

I didn’t see the logic of Coopgare’s deduction.

Buffy

[thegreatgeraldo] 31/10/2017 11:25

stewart4700
31 Oct '17 - 11:14 - 11617 of 11617 2 0

Based on the comments in the report, I now feel they are going to perforate all the zones together using tubing conveyed perforating method,

Nah, can't see that at all.... start at the bottom, perforate & test. If the first zone doesn't deliver, move on the next one, rinse & repeat until they find a zone(s) that deliver

[tidy 2] 31/10/2017 11:24

Excellent post by Coop.

[judijudi] 31/10/2017 11:22

jemjem,
There have been sadly quite a few sells to keep the MM's from upping the share price
But lets hope that sense prevails and buyers step in

[jemjem] 31/10/2017 11:11

tgg.
I would agree they try and stay flat. I can only assume there is a largish sell that went through at around 10.27 and they've now jobbed them out for a small profit.
Imo

[tidy 2] 31/10/2017 11:04

A completion rig with appropriate capability is in place to carry out completion and testing of the Dempsey 1-15 well. Due to the reservoir formation pressures encountered while drilling, high pressure rated equipment is being employed for these operations and comprehensive testing of the equipment is being undertaken prior to perforating the first zones for production testing.The choice of tubing conveyed perforating equipment reflects Sacgasco's intent to optimise the potential gas flows from the identified reservoir intervals selected for testing.

[thegreatgeraldo] 31/10/2017 11:01

My guess would be that the MMs have flat books as they know there's news on the way & want to keep that position. Volume's dropped away, so individual trades have a disproportionate impact.......

[jemjem] 31/10/2017 10:56

Every time they try and knock it down, they get hit with a barrage of buying - but nobody appears to be selling. Maybe they're trying to get it down in an attempt to fill a buy order a bit lower?
I'm surprised if they're prepared to go short, in what appears to be a vain attempt to get this down - with news just around the corner.

Imo

[abergele] 31/10/2017 10:25

My apologies to you then Marty,
as Tarz says,I agree,,good luck to honest people I say.best of luck to investors here,one and all..

I did a top up yesterday again Tarz,,that's why the price is dithering,
as always with my timings

[honestmarty] 31/10/2017 09:40

StarZ

I only ask that people judge me on my actions.

Much to enjoy here over the next few months. My other investment is SAVP which has been suspended for 5 months.
Paint drying and all that.

[starzerus] 31/10/2017 09:30

honestsmarty - over the years we have had a lot of people on here spreading fear etc - and they almost always are newly created personas on the BB.

We welcome all new investors ;-) but are sometimes a bit suspicious with Newbies - once bitten and all that.

good luck with your and our investment.

Some of the bad guys are clever and subtle - and some are like Brimsley.

[starzerus] 31/10/2017 09:20

lol nick - i may risk it and sneak another 20K if it stays this low over the next few days.