Share Name Share Symbol Market Type Share ISIN Share Description
Empyrean Energy Plc LSE:EME London Ordinary Share GB00B09G2351 ORD 0.2P
  Price Change % Change Share Price Shares Traded Last Trade
  0.00 0.0% 4.50 1,141,474 15:33:11
Bid Price Offer Price High Price Low Price Open Price
4.40 4.60 4.50 4.40 4.50
Industry Sector Turnover (m) Profit (m) EPS - Basic PE Ratio Market Cap (m)
Oil & Gas Producers -0.80 -0.05 22
Last Trade Time Trade Type Trade Size Trade Price Currency
16:24:51 O 27,717 4.60 GBX

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Date Time Title Posts
27/11/202016:48EME - Post Sale of Sugarloaf Asset34,643
06/12/201812:36Empyrean Energy22,252
24/8/201817:31Chat site for investors only144

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Empyrean Energy Daily Update: Empyrean Energy Plc is listed in the Oil & Gas Producers sector of the London Stock Exchange with ticker EME. The last closing price for Empyrean Energy was 4.50p.
Empyrean Energy Plc has a 4 week average price of 3.05p and a 12 week average price of 3.05p.
The 1 year high share price is 9.10p while the 1 year low share price is currently 2.88p.
There are currently 489,430,615 shares in issue and the average daily traded volume is 937,776 shares. The market capitalisation of Empyrean Energy Plc is £22,024,377.68.
lazarus2010: Safiande26 Nov '20 - 16:00 - 34614 of 34623 0 14 0 Jem, Those numbers might stack up. In Oct 2008 Sembcorp Industries’ natural gas unit, Sembcorp Gas, concluded a Gas Sales Agreement (GSA) to import an additional tranche of 90 billion British thermal units per day (BBtud) of natural gas at a value of US$5.5 billion. The original agreement signed in 1999 was for 22 years, Conrad is targeting delivery of 150 billion using 5 wells starting in 2022. The deal was with Premier to pipe gas from Natuna Block A using the WNTS. Conrad will also use this pipeline for its GSA with Sembcorp. My understanding from press releases is that Conrad intend to develop the field ( Capex is $350m or so depending on the number of wells ) & possibly Coro also, both presumably at lower wi than at present, but EME plan a full or partial sale. Tom has confirmed that the best price will be obtained at the top level of the project. Therefore I assume that Conrad is currently in discussions with any new partners which will sweep up the EME interest. These partners could include Premier, COP, Medco, Star etc co-owners of the WNTS. ------------------------------------------------------------------------------ Saf - re the above post - what was the price either paid for the gas in terms of mmscfd or some other comparable metric; what was the original estimate P2 GIIP and how does Duyung stack up? If the field could produce 120bbtud but for only say 10 years then clearly it's not as valuable as 90bbtud for 22 years. Also when did Tom confirm that 'the best price will be obtained at the top level of the project' or is this just a general comment that is 'stating the bleeding obvious' as it were, or is he saying that HE KNOWS it will be sold at the best price and at the top level of the project, whatever that really means? (reason for this question is that afaiaa TK and Coro are being kept in the dark over any negotiations and hence are unable to release any information from Conrad (maybe they have unofficial sources of information as might be expected of people with lots of industry contacts, but then they cannot release unofficial information ipso facto he wouldn't actually be able to make such a statement!?) If Duyung could be valued at $5.5bln when producing 90bbtupd and costs are $300mln so net $5.2bln, so 8.5% worth c. $450mln (!!??) and reportedly an extra 8.5% x $75-100mln per $1 increase in the value of the gas (per what?) Finding it very difficult to hang a value on all of this as there seem to be so many variables in the equation!
10owen: Still frustrated at lack of an update but encouraged by covid news and a rising oil price .Took another 100k this morning and looking forward to positive news on Indo sale and China JV very soon and a significant re rating in the Eme share price.Gla.
kir: if TK wage is about £500K roughly, then a 1p drop in the share price is more than his yearly wage with his chinese lucky number 0f 88.8m shares. i hope by next February year we are moving about 2 to 3 p a day which will mean that this share price will be a lot higher hopefully. I might need to sell a few then to complete my building project which started just after my last attendance at my first and last AGM in 2017. I have been out of UK for AGMs except for this year when we could not attend. TK did ask me whether I participated in the 3p placing at the AGM during a chat. THe price then was about 27p on that day. Hope one day we will be a lot higher than that 27p. I could be day dreaming, but we never know
rajawali: ASX trading platform down today, although I maintain that SGC and XST don't have any bearing on EME share price. What is interesting is the official figures coming out of China that refineries processed a total of 59.82 million tonnes (14.14 million b/d equivalent) for the month of October. Most of Asia is back to normal. Japan's stock market is back to a high not seen for 3 decades. The swagger is there in Korea, Singapore, Indonesia. What a great place to own high quality assets.
lowsulpher1: Hi All lets hope we have an update this week on both projects Duyung and China we need good news to strength the share price come on TK get moment in to the share Price.
lazarus2010: Curry, you could say the same if somebody recommended EME at 7p, 6p, 5p, 4p. It was a good buy at 3p but who would have known? Is 7p a good buy for EME? It will be if we hit 20pps or more! ORPH have been pulled down in the general 'Covid stocks' sell off after Pfizer announced their vaccine this the only vaccine that will be produced? What about the other strains being shown already? ORPH already have a £10mln deposit from the UK Govt for human challenge studies with another £30mln yet to come. They have announced numerous non-covid vaccine trials contracts this year. They have data which is being actively sought by the big wearable device manufactures...a 15% drop on one day due to some shareholders panicking or closing T trades is really nothing to worry about...seriously the assets they own, the vaccine trials pipeline etc can only mean the share price will be many multiples of the current share price in the next 12 months.
amont92051: I've removed EME from my monitor and set an alert for the share price, if it ever reaches my breakeven again I may look in again but it's too depressing to both see the continued decline of the share price and read the comments on here whilst knowing not one effing thing about what is happening. GLA
lazarus2010: some might have heard me mention TXP on here (ahem), but something of relevance and not uncommon as I'm sure most are aware of it. when II's either decide to sell or are forced to sell it holds back and even knocks back the share price In TXP's case it was North who are a big Norwegian energy fund and had been selling in to every rise from 20pps. When they eventually stopped selling the share price took off from c.40pps to 80pps then hit 118p after rns released re latest well which was drilled. The constant selling in large amounts in rapid succession hints very strongly at a large holder e.g Longstate offloading their position. Not sure of their position, doubt they're over 3% and therefore not required to issue any rns's but as mentioned earlier, I presume TK has access to the share register and would know who is selling. Not sure if he's allowed to release such information or if anybody else can get access to the s/r and find out who it is. One thing for sure, the constant selling is having a negative effect on buyers and making them reluctant to pick up more shares due to the unknown seller and hence unknown reasons. If we had some clarity and knew it was just a placing overhang I'm sure lots would be more prepared to buy in. I for one would love the share price higher, but equally I'm hoping ORPH hits 50p before Christmas and then I plan on offloading some of them and buying more here. also what are First Equity doing? I thought one of the reasons for bringing them in is to instigate coverage to the HNWIs and get some of them buying; not seen any broker's note from them as of yet )not that I'm a HNWI on their books - maybe Toon or JK are or are they with another one? ;-)) AIMHO DYOR GLA
begorrah88: If I was looking for why a holder would be trying to take the share price down & therefore who would benefit then the December RNS about the Long State funding might offer a clue.'The Facility provides Empyrean with a fully flexible funding facility and enables it to access capital to fund its ongoing working capital, if required, with the timing of drawdown and the minimum issue price of any Placement Shares entirely at its discretion. Under the terms of the Facility, Empyrean may, at its discretion, place new ordinary shares in the Company (the "Placement Shares") with Long State up to a total of GBP10 million over the next 24 months. Empyrean may draw in tranches of up to GBP200,000 (which, with the consent of Long State, may be increased to up to GBP500,000) in any period of 20 trading days (or shorter by mutual agreement).Placement Shares issued to Long State under the Facility will be priced at the average of the daily volume weighted average price ("VWAP") of Empyrean's shares on two days nominated by Long State during the 20 trading days following submission of a placement notice by Empyrean to Long State, provided that this price cannot be lower than the minimum acceptable price stipulated by Empyrean in the placement notice (the "Minimum Acceptable Price"). However, Long State may reduce the amount requested by Empyrean by five per cent. for each day during the Pricing Period that the daily VWAP of the Company's shares is lower than the Minimum Acceptable Price.
begorrah88: In a normal supply & demand environment the seller taking down the share price would only have a temporary impact as the appetite for the stock would cause buyers to come out and move the share price back up but we currently have 2 main drivers that are affecting that:-1. A relatively significant proportional volume of regular sells that are swamping the buys.2. A lack of appetite from existing holders to average down ( as has been a significant element of the buying as a stock falls) as many will have already overstretched themselves into an uncomfortable portfolio position by doing so and a lack of any/enough new buyers as the absence of any positive news doesn't put EME on anybody's radar.So the seller has the best hand at present but why would they be after pushing the share price down?Then again it might just be holders that have completely lost patience with being asked for more money & getting nothing to show for it.
Empyrean Energy share price data is direct from the London Stock Exchange
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