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China is the big one, the interest here will be huge if they successfully farm out and bring the prospect to drill stage, all signs so far look bloody good.

The idiot has returned which can mean only one thing, movement soon and I don’t mean down.

time for an update TK

nice update on Indo, developing nicely.

300k buy. just need some big news on China.

https://www.sharesmagazine.co.uk/video/coro-energy-coro-james-menzies-ceo edit upside 400bcf

the importance of the Indo news is certainly not to be underestimated IMO, the whole bear case is built around the need for funding so with each deal that TK strikes and removes that uncertainty it should result in a a rerate.

last question to be answered is China which should develop over the coming months.

https://www.youtube.com/watch?v=XR4iE2-Ft98&feature=youtu.be

drill late summer, looking to double resources, two or three wells.

https://lemminginvestors.blogspot.com/2019/02/empyrean-energy-brokering-future-value.html?spref=tw

'This good news all round, because EME have just derisked against dilution against their shares for a mere 1.5% of their share of Duyung, leaving EME with 8.5%, which in the grand scheme of things is amazing deal considering the magnitude of the update. Of course the share price appears to be suggesting otherwise; it's what happens when you have distressed sellers dripping high volumes of share into the market. It's a real shame EME's broker isn't more proactive in finding a buy side. Sadly, all to often they don't show any interest because it means they have to pick up the phone a do a little work. Anyway, we are being told both sellers should be done by this afternoon. Both independent sources are signing from the same hymn sheet.'

Nice bit of business for Coro IMO. Cracking Asset Duyung

https://lemminginvestors.blogspot.com/2019/02/empyrean-energy-brokering-future-value.html?spref=tw

that's a sensible bit of business by TK / Conrad, Funded for the 2019 appraisal programme.

lets see what deal he can strike in China,

Looking forward to operational activities in Indo, should push the SP on :)

comments from last update, hopefully he catches up with TK soon.

News from EME this morning continues to be good with GCA providing an independent resource audit of the Mako gas field in the West Natuna Basin, offshore Indonesia. Gross 2D (contingent) resources are deemed to be 276 Bcf of recoverable dry gas and gross 3C resources of 392 Bcf representing additional field upside. There are also substantial identified exploration targets beneath the field in the Tambak prospect, formerly called the Mako Deep.

The Duyung PSC has been converted to the new GOI contractor Gross Split PSC scheme which is deemed by operators to be more flexible and helpful to operators which apparently strengthens project economics by lessening the bureaucratic burden on the project. More after I next see or speak to Tom Kelly.

cracking update on INDO, potential there looking compelling with plenty of activity in the area,

lots of updates to come on both indo & china IMO so exciting times despite a fairly mute SP.

If they successfully farm out china then watch this space, certainly wont be 9p :)

https://www.cnbc.com/2019/01/09/oil-markets-us-china-trade-in-focus.html

Oil has bounced nicely

sure why not? this is looking strong, whiff of good news and were off

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

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?

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.

https://www.investegate.co.uk/empyrean-energy-plc--eme-/rns/interim-results/201812210848552507L/