Empyrean Energy

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

Have checked The Independent website for EME news. Nothing.
Likewise F.T.
What's the gossip, shadow?

I found this on Sharecrazy, but so far have been unable to find the article in question:

15.08.06: -0.5, (51) an article in the Independent reports: Empyrean Energy rose 9p to 51.5p amid rumours it is about to update positively on its Californian operations.

This was dated 15th Aug, so it is now irrelevant anyway.
Haven't found any article dated 19th Aug. May have been a summary of their press release on the 18th Aug, which we have all seen.

The note of 15/8 would merely have been vague and not very accurate confirmation of the start to drilling at Sugarloaf and not, I am sure, anything at all to do with Eagle.

Shadow has signally failed to jump back with chapter and verse on his "hot news"!

At least i pointed you in the right direction, to the Independant therefore any article relates to Eme is aposative one, by this August an update seems very possible on the flow rates on the Eagle-1 north. Which is encourageing news, regarding the flow rates are in the region of 1000 bopd and above.

Did you? And what evidence is there to support an assertion that Eagle will truly perform on a commercial basis? So far, it has just been a story of diappointing delays and silence, which is unsettling at best.

All cynic are negative people, like your self, which is why eme are taking there time to produce good results.

that is a total non seq! .... if eme has something positive to say which can also be supported by evidence, then they will not be shy to go to press .... at the moment, they clearly do not ..... and equally clearly, nor do you!

Overbought in a downtrend.

Candy.......! ;-)

Eme have always been posative regardless of the Glantal, The Sugarloaf is now underway,and new they are searching for new gas in Germany. how can that be negative details. when we are awaiting details from Eagle-1 north. Lifetime Cynic by name and by nature or by a retarded redneck.

Shadow, I hope for the sake of your wallet that you are right. Personally, when oilers' portfolios start looking thin I tend to lose the will to invest.

I beleave these companies like eme are attractive investments,also these 3 projects will deliver when the time is correct especially EAGLE 1, an article and update will reveal the true content of Eagle. thanks.

I think you really should read the info out there, shadow. It's been crap!!

It's Shadow's money ..... let him invest it, lose it, of gain on it as he sees fit, just as those who continue to hole SEO ..... That some of us think EME has lost all its shine does not necessarily mean we are right, though the fullness of time will show who is and who is not.

True! ;-)

Another pointless news release this morning.

Visited the Adelphi website and did a bit of reading on Sugarloaf. Interesting. Technically challenging well by the look of it in a deeper formation than the surrounding fields. Not inclined to buy given that.

Although you may think the info is crap, I always took a stance of been posative. As for loosing money the only amount I have ever lost is a small denomination of currency. I not into a habit of throwing away dosh. just good at making money . As for Eme a good update today, on the drilling at Sugarloaf. The best will arrive in the mean time.rest assured!.

shadow

I don't "think the info is crap", I know it is. I'd suggest you do some grammar education as well.

what Al did not say is that the start of drilling at Sugarloaf is not really any news at all and certainly does not give rise to any thoughts as to the end result either positive or negative.

Its apparent now that there is no EN-1 update due any time soon.

Still they have not secured the equipment to test it, so testing might start Sept, or Oct or Nov or.............

Is there some other reason they do not wish to test it ? Money talks and they could get equipment if they want to......

Their city roadshow begins soon, however these are often precursors for fund raising, and with EME talking so much about new projects, you get the feeling they are going to pass the hat around to buy into new projects (headline) but also to raise more working cap. Time will tell, just my thoughts.

PapalPower

Distinct possibility. Neither Eagle North nor Glantal obviously had the results that were expected resulting in nil operational cashflow to date. Having to do further work on both projects must involve additional non-budgeted cost and the costs for all oilfield related equipment is probably about twice it was a couple of years ago.