Empyrean Energy

Web site : http://www.empyreanenergy.com

I've been awaiting my EME humble pie for ages, John. Absolutely starving now!! ;-))

Now 21.5p
Post 1388 16.0p
5.5+
5.5/16= 31.5%
cyril

;-))

the humble pie will be replaced by, Eme as the sugarloaf-1 will be spectacular when this starts flowing, on a huge scale a break out is evident and will reflect des to 80p and above.

shadow might easily get hit but at least one custard pie if he truly thinks 80p is achievable within say the next 18 months (or even ever)

more placings soon???

Timberrrrrrrrrrrrrrrrrrrrrrrrrrrrr

http://www.auroraoag.com.au/docs/2008/AUT20080317.pdf
cyril

http://cop.taleo.net/careersection/10000/jobdetail.ftl?lang=en&job=98280&src=JB-10101
cyril

Still long term downtrend. ;-))

http://www.investegate.co.uk/Article.aspx?id=200804140715332374S
Great news, just what the doctor ordered.
cyril

Downtrend broken. ;-0

NO. "that great great discovery has been CONFIRMED"
As one oil expert has stated, "THIS RESULT IS STUNNING"
cyril

Whats stunning ?

Market warming to the news, now at the days highest and almost 4m traded.Peeps were paying these prices not so long back before confirmation of discovery,also worth considering this is its in the USA,so no problems on that account.
Todays result is from one of the 5 wells drilled, so much more to come, with
another 7 planned of which EME have the option to participate.
imho
cyril

Ah well, Big Al, even previous disappointers, can make good :-)))))

Only back where they were at the start of the year unfortunately, John. Can't see much room for being too overjoyed. The last of posts all day seem the confirm EME shot their bolt with the punters some time ago. They gave up. I also suspect a few will take the opportunity to cash in on what seemed like dead money.

At the end of the day, it's not a huge gusher now, is it?

A few traders in there today, obviously. Will see if it lasts. ;-)

Probably quite a good result, considering
a) testing was only on half of proposed drilling length
b) Normally these formations have to be fracced.

b) is something to do with sweet spots, though can't understand what golf clubs and tennis racquets have got to do with it

Even if it flows on production at 6.5 million, that, with EME just having 7.5% working interest is not even half a million a day nett for EME ? Not earth shattering, but much better than Glantal and Eagle !!

PP their is a 16 well program with 3 levels,and EME's share varies from 7.5 to 18%,
so this result is from is just the start of this discovery. The SP has more than doubled
in the last 2 days, since the news and as i pointed out sometime ago that at sub
20p it was amazing value. For those who failed to take advantage could i offer
another tip in FEP, which will by the end of this month announce production from
its field Galoc which maybe as much as 500bopd from just a 2.27% interest.It
recently hit 32p on news of pending production, so a good short term trade?
aimoo
cyril