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#AST: Board changes and new strategy for Ascent as Hutchinson looks at new projects Watch Here

#AST: Board changes and new strategy for Ascent as Hutchinson looks at new projects
EXCLUSIVE: Petro Matad announce fully funded 4 well Mongolia campaign


Empyrean Share Chat (EME)



Share Price: 10.25Bid: 10.00Ask: 10.50Change: 0.05 (+0.49%)Riser - Empyrean
Spread: 0.50Spread as %: 5.00%Open: 10.20High: 10.25Low: 10.20Yesterday’s Close: 10.20


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Gazza4563
Posts: 1,411
Opinion:No Opinion
Price:10.50
RE: News
Sun 22:04
I think fiasco will do whatever they please and not get advice from anyone
 
AnneOwl
Posts: 69
Opinion:No Opinion
Price:10.50
News
Sun 11:09
Anyone think fracking our last well is likely, given the water ingress problems of last year?
Orchy
Posts: 4,644
Opinion:No Opinion
Price:10.90
Oil price
9 Jan '19
Schlumberger
Posts: 22
Opinion:Hold
Price:0.00
RE: China in your hand
6 Jan '19
Anything is possible,
ronnielaing
Posts: 40
Opinion:No Opinion
Price:10.90
China in your hand
6 Jan '19
Not impossible that the Eme JV deal could take a small % share in a partner neighbouring producing asset (for cash flow) in return for divesting a large chunk of their china asset, and with a free carry drill
moosh
Posts: 4,317
Premium Chat Member
Opinion:No Opinion
Price:10.90
topped up
5 Jan '19
had a final 2018 top up on new years eve! good timing lol.
Schlumberger
Posts: 22
Opinion:No Opinion
Price:10.90
RE: OMERTRADERS
5 Jan '19
I think this needs hard facts instead of the 1 step up 2 step down progress we have had in 2018 on the share price based on false hope and in confirmed rumours. Here's hoping 2019 delivers on the main prize, ie china and we see some real increase in value.
Orchy
Posts: 4,644
Opinion:No Opinion
Price:10.90
OMERTRADERS
4 Jan '19
sure why not? this is looking strong, whiff of good news and were off
Gazza4563
Posts: 1,411
Opinion:No Opinion
Price:10.95
RE: Any chance
4 Jan '19
Looks like fiasco are doing their own wells instead of what we are part of.
OMERTRADERS
Posts: 378
Premium Chat Member
Opinion:No Opinion
Price:10.50
Any chance
4 Jan '19
of achieving 30p in first quarter?
Orchy
Posts: 4,644
Opinion:No Opinion
Price:10.25
OPHR
2 Jan '19
https://www.investegate.co.uk/ophir-energy-plc--ophr-/rns/statement-re-possible-offer-for-ophir-energy/201901020700048663L/

seems rise maybe because of OPHR activity, good presence in indo... :) conrad next hopefully
Orchy
Posts: 4,644
Opinion:No Opinion
Price:10.35
happy new year
2 Jan '19
all! hop you had all had a good break with family and friends, was really busy end of last year and barely had time to check in on the share. thinking 2019 will be a really important year for EME, TK over to you :).

SP responding well over last couple sessions..... News?
LAWRENCE186
Posts: 156
Opinion:No Opinion
Price:8.30
Merry Xmas
24 Dec '18
Seasons greetings to all, have a wonderful time and I hope Santa can pull some good news out of his bag to keep us all happy in the New Year. Enjoy, Yo Ho Ho, Merry Xmas to the Grinch as well, we all know who who he is. Oh no we don`t.
JS490
Posts: 1,368
Opinion:No Opinion
Price:8.30
RE: Interims out
22 Dec '18
"At the time of this report, the Dempsey Well is shut-in awaiting an imminent change in production piping to make production more efficient going forward, followed by, if advantageous, the perforating of additional gas zones in the shallow section. Technical analysis indicates significant quantities of natural gas remain to be produced from the Dempsey well."

That's good news. Every bit of extra revenue helps.

jmo
Orchy
Posts: 4,644
Opinion:No Opinion
Price:8.30
Indo
21 Dec '18
Recently completed re-processing of 2D seismic has also led to the identification of a new exploration lead called Mako Deep. Seismic mapping is currently being conducted on this prospect. The operator is also planning further appraisal wells to increase the reserves estimate and potential of the Mako field so there should be no shortage of news from Indonesia.
Gazza4563
Posts: 1,411
Opinion:No Opinion
Price:8.30
RE: China
19 Dec '18
Good articles, but we are passed exploration

We jest need the drilling to commence. Lets hope we partner with a major who has signed up to explore
happysparrow
Posts: 144
Opinion:No Opinion
Price:8.50
RE: China
19 Dec '18
Another article:

CNOOC in Cooperation Pact with Nine Oil Majors
Laxman Pai December 19, 2018
Image: CNOOC Limited
Image: CNOOC Limited
China National Offshore Oil Corporation (CNOOC), has signed Strategic Cooperation Agreements with 9 international oil companies including: Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation, and Total.

According to the agreements, the Strategic Cooperation Areas are located in the Pearl River Mouth Basin offshore China, including Area A and Area B (existing mining license areas and the contract areas are not included).

Area A is approximately 15,300 square kilometers, with a water depth of 80-120 meters and only open for the deep layers below Enping Formation of Paleogene. Area B is approximately 48,700 square kilometers, with a water depth of 500-3,000 meters and open for all the layers.

The agreements will facilitate the establishment of a long term and stable cooperation and share the development opportunities to a certain extent in the Strategic Cooperation Areas, creating conditions for the final signing of contracts.

CNOOC Limited, as an independent oil and gas exploration and production company, is the only vehicle through which CNOOC engages in exploration, development, production and sale of crude oil and natural gas.
happysparrow
Posts: 144
Opinion:No Opinion
Price:8.50
China
19 Dec '18
China’s CNOOC Signs Oil, Gas Exploration Deals With 9 Foreign Firms
By Tsvetana Paraskova - Dec 18, 2018, 2:00 PM CST
Offshore rig
China National Offshore Oil Corporation (CNOOC) has signed strategic cooperation agreements for oil and gas exploration offshore China with nine international companies including oil majors Chevron, ConocoPhillips, Shell, Total, and Equinor.

CNOOC and the nine companies—Chevron, ConocoPhillips, Equinor, Husky, KUFPEC, Roc Oil, Shell, SK Innovation, and Total—will share development opportunities in strategic cooperation areas located in the Pearl River Mouth Basin offshore China, CNOOC’s exploration and production company CNOOC Limited said in a statement on Tuesday.

“The agreements will facilitate the establishment of a long term and stable cooperation and share the development opportunities to a certain extent in the Strategic Cooperation Areas, creating conditions for the final signing of contracts,” CNOOC said.

Chinese companies are trying to tap more resources at home to replace dwindling production at mature oil and gas fields while China’s oil and gas demand continues to grow.

Earlier this year, China National Petroleum Corporation (CNPC) advanced a strategic partnership with Brazil’s Petrobras and agreed to cooperate with Norway’s Equinor in oil and gas projects, in a push to boost its global footprint and Chinese gas production.

China’s biggest energy producers are tapping more tight oil and gas wells, aiming to increase domestic oil and natural gas production at the world’s largest crude oil importer and what will soon be the world’s top natural gas importer.

As part of a government push to boost domestic energy supply, CNPC and Sinopec are raising investments to increase local oil and gas production and are accelerating drilling at tight oil and gas formations in western China. Domestic natural gas production has been rising in recent months, but the growth rate hasn’t been even close to meeting the booming demand due to the cleaner-fuel/cleaner-air government policies.

Domestic oil production, on the other hand, has been falling due to the depletion of mature conventional oil fields. Desperate to meet this need, Chinese President Xi Jinping has ordered the state-held companies to boost domestic production of oil and gas, and firms are starting to follow the policy.

By Tsvetana Paraskova for Oilprice.com
Orchy
Posts: 4,644
Opinion:No Opinion
Price:8.50
Interims
19 Dec '18
Due any day now, let’s see what TK has planned.

Still here and holding
RatHole
Posts: 351
Opinion:No Opinion
Price:8.625
RE: Cenkos Note
19 Dec '18
Moosh has promoted more dogs than Crufts.
Take Care
Daz9643
Posts: 133
Opinion:No Opinion
Price:8.625
RE: Cenkos Note
19 Dec '18
And we’re all supposed to be grateful ?
moosh
Posts: 4,317
Premium Chat Member
Opinion:No Opinion
Price:8.625
RE: Cenkos Note
18 Dec '18
we have bought December's tranche. we will probably combine next 2 months together and get next tranche in february
RatHole
Posts: 351
Opinion:No Opinion
Price:9.25
RE: Alvares
14 Dec '18
Possibly they meant Q4 2020.
Could be an action packed year with Dempsey Frac, Alvares, Anzus and 3 analogs, all free carried by Exxon?
Take Care
Gazza4563
Posts: 1,411
Opinion:No Opinion
Price:9.125
Alvares
14 Dec '18
Results Q4 my backside - Fiasco




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