Member Info for Jasper13

Plenty of news flow next few weeks...

✅ more detail on petrophysical analysis - zones of interest

✅ commence DST and review results

✅ extended well test to analyse flow rates, volumes

✅ possible 2nd well drilled

Keepaddingmore...same for me. Order in for another lump.

If you believe in these. 1 trade registered. Perhaps RNS Monday morning?

I agree Rob. Something is going on behind the scenes. Is PG having his hand forced with ONHYM? I suspect he maybe.

Ultimatum: Sell to Afriquia Gaz at £X or otherwise you'll need to fund the 3D seismic and additional well and fund that yourselves.

Further detail on these due, likely next week. Additional zones of interest in line with other producing wells. Equipment ordered for DST to commence in coming weeks.

Due anytime of a commercial transaction, likely to be a RTO of a producing asset. Will move fast at these low levels.

Is news of the concluded deal starting to spread? I was told by the CEO they are making good progress.

I don't see Nortrust selling? Why? The well has been significantly de-risked? Do you know they are selling down for a fact?

Big clue in the last RNS....

"Other potential zones of interest are still having petrophysical analysis completed along with comparison to producing wells in the region where data is available."

Other wells in close proximity are PRODUCERS. We have most certainly hit the same seismic zones. Market has missed this detail.

Topshot....from the company.

ProfitJock.....what are you seeing on the order book?

Gross Daily Revenue:

500 bopd × $80/barrel = $40,000 per day (gross revenue for the well).

Empyrean’s Share of Revenue:

Empyrean’s 52.8% interest: $40,000 × 0.528 = $21,120 per day.

Operating Costs (Empyrean’s Share):

500 bopd × $30/barrel = $15,000 per day (total operating cost).

Empyrean’s share: $15,000 × 0.528 = $7,920 per day.

Net Daily Cash Flow (Empyrean):

$21,120 (revenue) - $7,920 (operating cost) = $13,200 per day.

Annualized Net Cash Flow:

$13,200 × 365 days = $4,818,000 per year.

If the Wilson River-1 well flows at 500 bopd during the DST and this rate is sustainable, Empyrean Energy could see an annual net cash flow of approximately $4.8 million. Thats just from one well. In terms of broader company value, it might add $10–20 million to Empyrean’s market valuation in the short term, with potential for $50 million or more over the well’s life if significant reserves are confirmed.

$20m = £15m ~ 0.004p (4x todays price)

$50m = £38m ~ 0.01p (10x todays price)

THIS EXCLUDES ANY GAS THEY MAY HAVE FOUND AND EXCLUDES MAKO VALUATION. 👀 SCREAMING BUY at these levels.

The board are making good progress on a deal. Should hopefully see an announcement shortly.

Https://ibb.co/Xx6tcCcP

A company opts for a DST when petrophysical analysis shows:

>Clear hydrocarbon presence (shows + logs).

>Adequate reservoir quality (porosity/permeability).

>A thick, potentially extensive zone.

>Favourable fluid mix and pressure.

>Economic upside outweighing test costs.

>Alignment with regional successes.

>Strategic or operational incentives.

Wilson drill has now been hugely de-risked with the commencement of a DST. You don't spend money on testing a dry well!

I am intrigued by the words used "hydrocarbons" as this could suggest both OIL and GAS. EME may have just struck a completely new compelling play in the Cooper Basin.

Https://ibb.co/4kCfYjg

Cost and Effort: A DST is not a trivial undertaking. It involves specialised equipment, personnel, and operational planning, all of which come with significant costs (often tens to hundreds of thousands of dollars, depending on the well’s location and complexity). WE ARE FUNDED FOR THIS AS PER LAST RAISE. Companies like Empyrean and their JV partners wouldn’t commit to this unless the preliminary data—logs, hydrocarbon shows, and geological analysis—gave them a strong indication of a potentially productive reservoir.

Data-Driven Decision: The announcement mentions the decision was based on “analysis of logs and hydrocarbon shows.” In oil and gas exploration:

Logs (e.g., resistivity, porosity, gamma ray) provide detailed insights into the rock formations and fluid content. High resistivity or specific porosity patterns can suggest oil or gas presence.

Hydrocarbon shows (e.g., oil stains, gas readings, or fluorescence in cuttings) are physical signs of hydrocarbons encountered during drilling.

If these indicators are robust—say, consistent oil saturation over a decent interval or strong gas kicks—the JV likely sees enough promise to justify testing.

Risk vs. Reward: While a DST carries risks (e.g., the zone might not flow as expected, or pressure might be too low), the fact that they’re moving forward suggests the reward potential outweighs the risk in their assessment. They’re not just rolling the dice; they’re acting on evidence that aligns with their technical and economic thresholds.

RNS....commence DST. Interesting they state "hydrocarbon shows from the well" - this is interesting as may suggest oil AND gas.

All positive so far!!

GoBIg...some numbers for you.

New NAV based upon increased 52.8% stake to EME.

Low case scenario (8.7MMBOE) - 50% recovery factor/$44.80 gross profit per barrel (based upon Bass Oil Worrior & Padula field - Cooper Basin.

NAV - 10 year field span/10% DCF/52.8% share to EME = $49.8m NAV - £0.0131p

Mean case scenario - (21.3MMBOE) - 50% recovery factor/$44.80 gross profit per barrel (based upon Bass Oil Worrior & Padula field - Cooper Basin.

NAV - 10 year field span/10% DCF/52.8% share to EME = $122.2m NAV - £0.0258p

MAKO...

NPV10 of US$49m (Sept 22 RNS) - £0.0121p - (Buyer willing to pay say 50% of that value - £0.0062p)

So Wilson low case £0.0131p + Mako £0.0062p = £0.0193p

So Wilson mean case £0.0258p + Mako £0.0062p = £0.032p

Huge upside, seriously undervalued. 14 x bagger for low case, 22x bagger for mean case.