Empyrean Energy Share Discussion Threads

[brimsley] 02/11/2017 08:54

Appears to be backing away from any calls of commerciality at Dempsey I wonder why

[blueblood] 02/11/2017 08:50

Risked 46p with lots of upside potential wonder how Brimsley will spin that!

[cliveas] 02/11/2017 08:48

From LSE dated 01/11/17 issue 40 vol 14.

By Peter Strachan

A total risked value of ~46 pence per share is estimated for EME, but this value would be further
enhanced by confirmation of a commercial gas flow at the Dempsey-1-15 well.
Importantly, Empyrean has negotiated to farm-in to earn a 30% WI in a series of followup
exploration wells that are planned on Dempsey-like targets and it will earn a 25% WI
in a different play type at the Alvares prospect, where a very large gas target has been
estimated by the operator.

Read full over on lse but is very positive.

GL.

[deanroberthunt] 02/11/2017 08:40

stuck in a range (tight) until results of flow testing

[brimsley] 02/11/2017 08:07

Cement bond log run is the key near term risk at these pressures but dont believe me refer next week

[the guardian] 02/11/2017 07:54

Just filter these people and forget about them. I've had posters like deanrobert*unt filtered for years. The same people pollute the boards over and over again and I'm sure that they all use several aliases. It's not worth the stress when you can't meet them face to face.

[brimsley] 02/11/2017 07:30

Hard to argue with FSA Dempsey Well Integrity issues are all the chat in Perth every deep drill in this part of the basin has suffered the same fate Perth is an Oil and Gas Hub and a small town about the size of Aberdeen Everyone knows what is going on and assesses risk differently to the UK as can be seen in valuations Anything can happen but the risk is clearly to the downside as the chart shows Testing may not be possible at all think that over

[tidy 2] 02/11/2017 00:50

telbap lmao

[control1] 01/11/2017 23:05

The whole point of today's RNS was to entirely negate and take the wind out of the sails of exactly the kind of guff that FSA has just come up with....

There are no problems at the well, if you can actually read FSA (which is questionable), the answers to your questions are in the RNS.

Always makes me laugh how the homemade experts work out how long THEY think it should take and then start moaning 10 seconds after THEIR deadline passes.

This is a high pressure well and they are very easy to screw up good and proper if rushed, you only have to look at Roxi/Caspian who took 3 years to get one to flow after they knackered it by being too eager.

Take all the time needed to make it work

[doerx2] 01/11/2017 22:25

Means fa ime

[telbap] 01/11/2017 21:42

Compleetley choglanged.....

[tidy 2] 01/11/2017 21:33

How old is FSA or is he just a bit mentally challlennnggged.

[nickb] 01/11/2017 20:18

You know we are on to something big when a certain type of poster arrives, it’s a great buy signal in my book.

[terry hardacre] 01/11/2017 18:32

FSAwatcher is a complete and utter tool and should be immediately filtered; I can't even see what he's saying and I can confidently dispense that advice.

[cmackay] 01/11/2017 17:39

Tgg, the only way to light a flare stack! Lol

[thegreatgeraldo] 01/11/2017 17:30

I'd volunteer to light the flare stack.... at a distance, using a bow & flaming arrow

[honestmarty] 01/11/2017 16:56

You are right FSA.
They clearly state that because the mountain of gas is at such high pressure
Some of the initial equipment wasn't up to the job and had to be replaced.

I can also reveal some breaking news!

They need a volunteer to turn on the gas, for some strange reason.

I'm going to put your name forward.

They are offering a first class plane ticket, one-way oddly enough?

No mention of accommodation either, probably sort that out after you turn the valve.

Good luck, and be sure to fill in your next of kin on the application/ disclaimer form.

[telbap] 01/11/2017 16:55

Spell chaccckker????

[fsawatcher] 01/11/2017 16:38

it dont take 12 days to get well prepared for testin

it take 5

so wot been doin for last week?

ave they got probs with well integritty alreadies

wot the presure ?

safe? leaks ? poor cement job?? porosety ?

[the guardian] 01/11/2017 15:41

jack, buys do outrank sells but not by as much as you think. If you check individual trades carefully, you will see that some sells have been marked as buys.

[jacksspitfire] 01/11/2017 15:31

Where are they getting all these shares from. Day after day buys out rank sells.

[dodgydd] 01/11/2017 15:08

I agree, but would not want to take the chance.
On start up would need to use to prevent the possibilities of JT effect , on a reduced choke
It's a possible 680bar THP that's massive pressure.