Member Info for Orchy

Preliminary Prospective Resources Estimates (mmbbls) Jade low 89 best 103 high 143 Topaz low 280 best 365 high 498 pearl low 84 best 123 high 206 decent numbers in an oil market that is looking positive, i think there will be some big interest in this asset.

gazza, the last update on China was the December RNS so they have. http://www.lse.co.uk/share-regulatory-news.asp?shareprice=EME&ArticleCode=rtxlc4fa&ArticleHeadline=Interim_Results which stated end of Q1, although some are expecting the next update in May / June which is looking likely now. we fixate too much on timelines imo, the important part is the value it adds and completion of the interpretation means we embark on the next phase, well planning / farm out, this is where it gets exciting imo.

Gazza Q2 IMO, wonder if they have completed the work and are simply awaiting CNOOC to approve the release / reserves? December interim's stated; These estimates are expected to be revised towards the end of Q1 2018 when the comprehensive interpretation of the fully processed 3D seismic data is expected to be completed. In addition, geological work continues during Q4 2017, focusing on migration pathways of oil in the basin. The seismic interpretation and geological work is expected to finalise the prospective resources and geological risks of the Jade, Topaz and Pearl prospects.

http://www.empyreanenergy.com/wp-content/uploads/2017/08/AGM-Presentation-Updated.pdf Slide 17, Forbes top and toe. These are the zones a lot of existing wells produce from. Below that is relatively untested

anyone else having issues accessing LSE? nice to see a bit of support in the 10's. updates soon imo

Scott, I�m fed up of hearing and reading the same comments from the whinging quick win brigade who were expecting instant success....

Mooncheese, good point, very much due an update on both China and Indo IMO. we picked China up in a low oil price environment (oil $45) the oil price is some 64% higher now, certainly more favorable as we head into the next stage of well planning and the farmout process once resource confirmed.

if it flows naturally then brilliant. if it requires stimulation then no problem, the interesting part is the read across value from any commercial flow. with pipeline quality gas at multiple levels if they successfully frac one zone then you can assume all other zones can be, i feel Dempsey and the acreage is being looked at in the wrong light. from a field development perspective, this is looking very good. its a new play and they need to find the right formula. if it was as simple as drilling anywhere to get flow everyone would be doing it right?

well..... you don't believe in this share or the management so why would you think the SP would rise? lol

oppssss. 18p even, starting to sound like a certain someone spouting 8p.

no reason you cannot sell, you have a choice WWW, i cannot understand why anyone would continue to invest in a share they call 'a joke' look forward to 8p and getting rid of posters like yourself. stay true to your word when you get there please :)

www - sell and invest in something you believe in then, daz / rathole - he called 8p in december, still waiting, broken clock and all that.

'China is already old news, the price sensitive news has already been and gone' suggest you do some research :)

suggest using the filter option :)

important to note Brent over $70 (oil was $45 when we took on the china permit). looking forward to the next update on the asset as we move towards well planning and the farm out process.

cant get a quote for anything above �950 but can sell lots.....

Everyone fixates on the timing on news, the contents is what matters. We�re are certainly due an update so be patient and it will come.

From sgc can�t be far away, 500k sell hopefully marks the end of the seller and with 14p acting as support this should be ready for next leg up

just the 33% profit since your sell recommendation.

Rathole 19/12 'once 10p falls this opens up 8.5p last placing target. No traders will touch a chart like this, broken down big time on volume. Bottom fishers will line up at 7.5p for an overshoot capilution squeeze - and probable next placing level. Take Care falling knives cut deep.' 19/12 SP was a smidge over 11p. really sound advice calling 7.5p. in fact were double that now.