Member Info for KingofEngland

Talking rubbish again Rat, EME have enough exposure with the 30% why expand when he have 3 plays on the go, China is the biggie. focus should be on China and quite rightly is!, 30% would provide enough revenue in the bank to expand projects elsewhere or increase in the basin as we see fit when Dempsey starts producing, being cautious with with money for an exploration company is the right thing to do, cash is king in this game and should be treated with care! Enjoy

Bigspike I agree with you, I have said all along with a frac I think we have ourselves a gusher, fingers crossed! Rathole has disappeared into the sunset dreaming upnhis next boom of lies!

That's rich, coming from someone that has predicted more or less everything wrong, perhaps you should try your hand at an alternative sector! You also called the tight deeps completely wrong, you said it was too tight to flow, another one of your great predictions, you have also glazed over my fact below. Your book of lies is surely wearing thin now Rathole, I suggest flicking to the next chapter!

Rathole dear boy you know the age old saying "if you throw enough mud something's got to stick" , seems to be your motto here. Below is the whole well not one zone also combined at 1,400mcf/day full potential is near enough what Dempsey is flowing chocked from one zone! DYOR rat boy, and of course you would agree with Didso as it's a negative comment! Where's your 8p by the way, don't forget we have a wager on China news, your prediction is the SP will fall on news, if you are right I will hold my hands up and call it a day, but if I'm right (which I will be) and the SP rockets you will leave this BB gracefully!

Extract reminder - There were no production restraints other than the choke. We chose to test the well conservatively based on years and many wells' worth of experience in testing and producing the Kione sandstone reservoirs. This is to optimize gas recovery from the well. Once we have some production history from Dempsey 1-15 WE WILL REVIEW AND ADJUST AS REQUIRED..

Thanks Rathole informative as ever! Question, did they restrict the choke at flying tiger/ stoney creek from the kione zone? My question would be if they were to open the choke and let dempsey flow to its potential from this zone whilst enabling access to the lower then even a depleted figure would improve on 1000mcfpd right? Rathole no doubt you are a clever guy that knows his stuff on EME but I’m struggling to understand your presence here, your not long, and I very much doubt your short as you’re not stupid and would know EME is not a shorting share so what exactly is your intentions here, are you here just to wind people up for your own amusement? If so fair play, a bit sad but each to their own!

They may not even frac Dempsey yet www, depends on flow from all zones and what stable rates we can get naturally, they restricted the choke on Kione too so unsure if they will allow that to flow once mingled with zone 4 and below, hopefully someone can advise? China news will certainly put a rocket up the SP though! GL

MM games one again! All looking good though, steady rise and all to play for! Gl

Looking very strong Mcfirth, about to blow..

finally, and we are still not finished, zone 4 and commingling to come even a possible frac! patience has paid off here as I knew it would, well done everyone, watch the bounce tomorrow! this is just the beginning of he EME journey and enjoy we all will!!! China news too? ;-)

Worst case scenario is the well pays for itself!.

All looking very positive, 5c placing snapped up shows confidence in the basin, zone 4 results with field producing shortly, re-entering Alvares imminently, could be a diamond in the rough this, what a bonus ontop of China! GL

Orchy I agree, possible funds for frac, interesting.

Jrl - we know cash would be needed at some point, SP is at a low enough level for placing to be successfull providing news on Dempsey is good, investors more likely to take the risk at 4c than say 10-12 no, Likely placing then flow rates on Dempsey or frac granted etc to kick start the buying.

Rathole, your invalid arguments aren't cutting the mustard here old boy. I know your worried as your short is in danger of burning but that's what you get for making irrational decisions based on your vendetta against GJ, you should really make decisions based on assets, financials and previous company history, not sheer Anger and frustration from getting the boot, don't take it out on us it isn't our fault. You have been wrong about pretty much everything so far so please carry on it's very entertaining. What do you reckon by end of June Ratty, 30p or 50p? im guessing we will be pushing at least 30p with China news, thoughts?

Hi gazza, I have no doubt zone 4 will flow and we know field levels will produce, if they have moved up to field level and mingled the zones there is a small possibility we could have commercial flow across the board, personally I think a frac will be required to commercialise the well as I have said from zone x2, Hoping I'm wrong of course but its not the worst news if they announce that! Jade,topaz &a pearl news is what we want, we need the results on that so the shift of focus is on EME and not projects we are JV on.

Gazza it's positive in my opinion, I don't think Dempsey will be commercial from x4 down, field level we know will produce but I think a frac will be required to commercialise, I don't think that should come as a surprise to many, it looks and has sounded this for a while now, once fraced I would be quietly confident this will flow commercially. I think after quite a few months of pain we can finally see the some sort of light at the end of the tunnel.

Dempsey news is due anyway, if other JV's aren't raising why would they need to call halt, SGC require the cash and to intice investors they will need good news imo, why would they choose this time to raise if they was about to release bad news, ask yourself this! They are the operator, they decide when news is Put to market.

Capital raise won't be such a bad thing, they will release flow rates x4 and announce the frac imo, we know they needed cash and without good news on the horizon, I.e Dempsey who in their right mind would invest, could even be commercial rates (the dream). Overall I see this as a positive step,. Now for China news on Monday to ice the cake!

Lol Rathole is persistent you have to give him that, at least it's not 8p enjoy!