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Traders Thread - Thursday 10th May (TRAD)
Greystone
- 09 May 2007 22:16
Kyoto
- 10 May 2007 08:32
- 20 of 54
Kyoto
- 10 May 2007 08:43
- 21 of 54
Kyoto
- 10 May 2007 08:48
- 22 of 54
Kyoto
- 10 May 2007 09:03
- 23 of 54
Kyoto
- 10 May 2007 09:09
- 24 of 54
Master RSI
- 10 May 2007 09:13
- 25 of 54
EME 30 - 33p +4p
yesterday's "UPS" on the move up after news......
Increased interest in the Sugarloaf Project Area, ("Sugarloaf") Texas USA
-------------------------------------------------------------------------
* New Agreement signed with Texas Crude Energy Inc ("TCEI") covering a
sixteen (16) well program over Block A and Block B
* New working interest on any well in the 16 well program in respect
of Block A
* Working Interest increased from 6% to 18% on any wells in the 16
well program operated by TCEI in respect of Block B
Empyrean has entered an Oil & Gas Exploration And Development
Agreement with TCEI to participate in a new sixteen (16) well
program covering two projects, "Block A" and "Block B".
In Block A, TCEI has an interest through an Operating Agreement with
a major international oil and gas company ("Block A Operator")(name
undisclosed for confidentiality purposes and to preserve and protect
competitive advantage). In Block B, TCEI is the operator and
Empyrean already has a 6% working interest in this Block via a
previous agreement and its participation in the drilling of the
Sugarloaf-1 well.
The new agreement covers the next sixteen (16) wells to be drilled
on either Block A and / or Block B. The agreement provides for
Empyrean to pay 12.5% of costs to first production to earn a working
interest of 7.5% in wells drilled on Block A and to pay 20% of costs
to first production to earn a working interest of 12% in wells
drilled on Block B. Empyrean's agreement covering a pre-existing 6%
working interest in Block B remains unchanged and is in addition to
this new agreement......
yesterday's "UPS" on the move up after news......
Increased interest in the Sugarloaf Project Area, ("Sugarloaf") Texas USA
-------------------------------------------------------------------------
* New Agreement signed with Texas Crude Energy Inc ("TCEI") covering a
sixteen (16) well program over Block A and Block B
* New working interest on any well in the 16 well program in respect
of Block A
* Working Interest increased from 6% to 18% on any wells in the 16
well program operated by TCEI in respect of Block B
Empyrean has entered an Oil & Gas Exploration And Development
Agreement with TCEI to participate in a new sixteen (16) well
program covering two projects, "Block A" and "Block B".
In Block A, TCEI has an interest through an Operating Agreement with
a major international oil and gas company ("Block A Operator")(name
undisclosed for confidentiality purposes and to preserve and protect
competitive advantage). In Block B, TCEI is the operator and
Empyrean already has a 6% working interest in this Block via a
previous agreement and its participation in the drilling of the
Sugarloaf-1 well.
The new agreement covers the next sixteen (16) wells to be drilled
on either Block A and / or Block B. The agreement provides for
Empyrean to pay 12.5% of costs to first production to earn a working
interest of 7.5% in wells drilled on Block A and to pay 20% of costs
to first production to earn a working interest of 12% in wells
drilled on Block B. Empyrean's agreement covering a pre-existing 6%
working interest in Block B remains unchanged and is in addition to
this new agreement......
Kyoto
- 10 May 2007 09:19
- 26 of 54
Kyoto
- 10 May 2007 09:24
- 27 of 54
Kyoto
- 10 May 2007 09:30
- 28 of 54
Kyoto
- 10 May 2007 09:35
- 29 of 54
Kyoto
- 10 May 2007 09:40
- 30 of 54
Kyoto
- 10 May 2007 10:06
- 31 of 54
Kyoto
- 10 May 2007 10:51
- 32 of 54
Kyoto
- 10 May 2007 10:56
- 33 of 54
Kyoto
- 10 May 2007 11:12
- 34 of 54
Kyoto
- 10 May 2007 11:22
- 35 of 54
Kyoto
- 10 May 2007 11:28
- 36 of 54
Kyoto
- 10 May 2007 11:43
- 37 of 54
Kyoto
- 10 May 2007 11:48
- 38 of 54
Kyoto
- 10 May 2007 12:33
- 39 of 54
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