Empyrean Energy Share Discussion Threads

[bushman1] 14/11/2017 08:51

Swampy, a slight correction, this zone is not sands I believe but volcanic yet still flows to surface were achieved without stimulation.The next zone is also thin. It's then the following zone whereby good results are expected.

[fsawatcher] 14/11/2017 08:51

after all the delay this is the best they could rns

i fink they know this well not good

jus coz a explo drill flow gas in early stage dont make it commercial

[dark energy] 14/11/2017 08:50

BUSTED FLUSH



"The gas has flowed at rates that are sub-commercial at current gas market prices."

[fsawatcher] 14/11/2017 08:49

the low zone woz supposed to be the big producer

it come up non commercial

this was the big story

every one knows you get sommat from shallows but it aint very profitable

you not gonna cover costs by look of it

$100m cap??

for wot?

[niceyman1] 14/11/2017 08:48

I doubt you,ll be able to buy at these prices at 4.29 today! Bargain time!

[dark energy] 14/11/2017 08:47

Come back at 8p

[currypasty] 14/11/2017 08:46

TG, agree

"The lowermost zone, in the well, a thin sand with poor reservoir characteristics based on the wireline logs, has been perforated and has flowed clean, dry natural gas and no water, at rates that are sub-commercial at current gas market prices"

[shirley83] 14/11/2017 08:45

Took s few profits and put into CGP

[honestmarty] 14/11/2017 08:45

The more I read the RNS the more positive I become.
Next results could be before the end of the week.
They achieved an intact, testable well.
This was one of seven. And not even the best target.
Everything to play for here.

[swampydrill] 14/11/2017 08:37

Good thing is no water, bad news is they thought this was a good enough sand to flow test, how thick was this zone,is this X4 ? are the other zones a lot thicker ?. I sold out a while ago, the RNS after wireline logs was not as hyped up as the 'World class' quote and after being in Desire when they turned oil into water in a week, i banked what i had, not all lost here though for sure still plenty to play for

[potential] 14/11/2017 08:34

It tested 15.7 !!

[the guardian] 14/11/2017 08:26

The way I see it, the flow may not have been commercial on its own but it could still form part of the total flow at some future date.

[starzerus] 14/11/2017 08:25

Just wish I had more spare cash for the sale of the century.

[terry hardacre] 14/11/2017 08:25

Best I can get now is 18.5p Herschel. I'm hoping for a bit of slippage in the next half an hour. From the massive buying this morning I'd say there are more people who can interpret an RNS out there than there are those who react like a Pavlovian dog to one or two words out of context. Wonders will never cease.

[fairenough11] 14/11/2017 08:23

The "good stuff" still to come.
Good opportunity imo.

dyor etc

[deanroberthunt] 14/11/2017 08:23

clue was in the dry clean gas...

[desertrat2] 14/11/2017 08:21

thanks for the feed back so next zone testing in the scheme of things not a long way off at all. All to play for me thinks i am not selling a single share until this whole Dempsey thing comes to a conclusion.......actually not selling until China is sorted !

[niceyman1] 14/11/2017 08:20

Move up coming! I,m,o

[wcj] 14/11/2017 08:17

No obvious signs of a wave of sells from spread betters' stops being hit, although we will get to see more in an hour's time. Have we finally all learnt not to use them?

Instead of which people seem to have found an awful lot of spare cash which it must have been hard to sit on. Intelligent investing.

[deanroberthunt] 14/11/2017 08:17

fill ur boots...50p soon

[fsawatcher] 14/11/2017 08:16

told ya - they got slim chance on shallows

FSAwatcher
10 Nov '17 - 12:00 - 12194 of 12379 0 4 Edit
they takin way too long

i told ya it woz not good when they bull the last rns trick

it easy to flow test

so why they not told ya news ??/??

back to 12p if it dont flows

[rutter] 14/11/2017 08:15

desertrat. Out of pure ignorance I am expecting the next zonee possibly later this week or Tuesday next

[niceyman1] 14/11/2017 08:15

Tomorrow night news on next zones?