Member Info for eggonaroll

When we likely to hear?

I for one have reported jber to fca

It stopped jber swapped again?

Its time every pi reports these guys ... they are destorying a number of shares just to hit targets. Lets get them kicked out by volume of complaints

Just under 10 sure there was a question

(1) yeah all the kit required. Cost too much to fly in and union issues after.
(2) complex geology

Its only a home run when it flows which it will but thats my gut. Mid feb for results i reckon

For me it confirmed what we already knew but certainly got more details about both the delay and the plans on EMS and EML.
(1) ems first confirmed assuming the one supplier of kit in area turns up starts mid jan and fracking including cleaning takes 4 weeks.
(2) 30m being tested is complex which implies risky
(3) after that decisions will be made on whether to test produce drill more wells on site etc
(4) EML only testing 8metres and if successful 6 to 9 months to build a pipe.

Its all going to take a while the days of 27p straight away have gone but longer term this has ££ in it with some luck in maybe 2020 to 2021

Its finished ... log out and go back in been some techincal issues

Finally all my aswers came in. This was the biggie for me

Also if we obtained stella flow rates say over 2000bbpd are there methods to increase this flow with other drill heads if the size of the find is so huge so we can generate more cash as the delays worry me about dillution. Most holders now have paper losses.


Fiona MacAulay (CEO)

High rate wells generally need drilling with inclined or horizontal sections. A successful outcome of the fracc job would result in new wells to achieve higher rates and appraise the structure

Sarah Dees (Investor Relations)

Hi there please see Geoff's earlier answer: On EMS, as our initial interpretation was oil, then to initially bring this on would require downhole pump, basic separation, chemical power generation, storage tank, and road tanker loading facilities. Depending on crude quality, we would ship oil by tanker to a processing centre at ELM or Maria Ines for treatment. For a simple initial development like that we could probably put something in place in 6 - 9 months from a definitively positive test. On ELM, it is quite close to the ELM processing facility - couple of kilometres - so this is simply a pipeline purchase and lay; that's about 3 - 6 months from a definitively positive test. I can't give costs here today, but as soon as we have something to develop we'll let the market know those along with more precise timelines.

12:32 PM


Geoff Probert (Chief Operating Officer)

If EMS-1001 is commercial then we would certainly look at the potential to appraise the significance of any discovery as soon as practicable.

Most are getting answered we really are at the mercy of one company giving us the kit in time also clearly testing the most risky/complex bit first what i want to know, is what happens if successful do we go to production or test the rest as clearly going to have to wait for equipment to test other bits? Can we get it out ground faster than just one well head? How do we estimate size of find after testing?..... this is going to take longer than i though even though confirmed the 4 weeks for fracking

We need to ask difficult questions mine are not answered as a bit whinge due to my mood.

How long does that process take? DEPENDS BUT LESS THAN A MONTH

If successful will there then be a process of testing? NO THAT IS IT

Looking to drop price to fill it ...minermate you a broker?

Happened the other wau for te9

Nice round figure its all still the mm... no reason to buy for the pi at the moment so they taking advantage

Only 8 days bascially why the sh%t has hit the fan

https://www.google.com/amp/s/www.bbc.co.uk/news/amp/business-46440932

hope it doesnt fail but holidays are going to more at home after brexit. weak £ and recession at home.

Thank you to the older ones

6p broken the shorters dont have far to take it at least