Member Info for stewart3250

I would give jungerns a little time to come back regarding his comment on the G & C, he simply may not monitor the boards 12 hours a day,

Of course it may be just a throw a way comment which means nothing but I'll wait a bit longer to see.

statesman,

Would you mind if i posted your comment on the ADVFN board, this my my view also, albeit I thought it was very protracted in the accounts and accompaning notes.

Read it again, its at the end

Total you say "FACT" and how do you arrive at that

Have a look on ADVFN. The note was correct

Hi coopgare, Thanks for your valuable input and the reply posted from GJ. I was puzzled by this can you explain, if its depleted then !!! 1. This zone is obviously depleted but we already knew this as it is field level reservoir Regards Stewart

Those large trades are rolls, ISA's or SIPP transfers, look at the time apart with each trade its seconds and a small price difference to cover the cost. I will be doing the same on the 6th April into our Isa's then mine are all in a tax free status, well nearly all.

Gazza, I would not even respond to him, a complete waste of space like that goon on ADVFN brimsley, if you engage he probably gets paid, focus on the outstanding prospects we have here, on 3 fronts.

We got interim results which were to Sept 17 and they came out 12th Dec 17 I think and final results March 2018 which will be end August / Sept 18 Don't ever remember getting quarterly results, we are due a production update which could be any time.

KingofEngland, We have had the interims but I agree an update would be good but as a number on here and on ADVFN have said, it will come when its ready, SGC put an announcement out last night but it said little in my view as I am unsure if we have any benefits from their other wells however looks positive on Alvaras and Dempsey news seems close, my view though is the permit application has not yet gone in, staggering that is.

Orchy, I have been here for 11 years have a decent holding and whilst I don't expect numerous RNS's I do expect as a shareholder to be informed probably on a monthly basis as an operational report, quarterly would be just acceptable. The only info we have had on China and Indonesia was in the interims and that is not good enough, Dempsey, well I am no fan of SGC and in particular GJ, he has a lot to do to convince me with his 42 years experience he should have foreseen the permit issues and been prepared, lets hope Alvares is better looked after.

ok to post there your response ?

Gazza4563, Well you got a reply that's a good sign in my view, I never got anything back. Can you post on the ADVFN board it proves they are still all active on all 3 major projects Cheers

I have been here for 11 years and lost a packet on AIM shares but following the return of funds to shareholders at the beginning of last year and for me some large purchases I now hold 800k of eme and I won't be selling any until it hits a pound. I agree with KOE, this is a jem and we have 3 superb assets in particular Indonesia and China, China is the one. Regarding Dempsey and Sacramento I like what I read and like most wished I had sold in the 20's but I didn't, I am not keen of GJ but who knows, he seems to have not got it quite correct with the permit to frack and after 42 years he should know, there is also on trend and the big one Alvaras. This share hit 31p from 10p with Dempsey so perhaps GJ may get us something huge we will see. But sell if you wish I might even add a few more if it drops further, I like what I see but news from the company is overdue, on the permit via Sagasco and from Indonesia and China. DYOR, IMHO.

omertraders, If you are registered for self assessment you will need to complete the section for CGT but as under threshold you will not have to report so answer the questions as a No, if not registered then you don't have t report the gain if under the threshold. If in doubt ask the revenue. IMHO

Coopgare, Did I get that comment correct fracking can increase flow rates by a 1000 times, is that right, I am questioning this now having thought about it

Regarding flow rates for Dempsey, I am going from memory but was something like140mcfgpd which equated to about $450 per day so at 30% that's $150 per day to eme. I would say to be commercial that flow rate needs to be 30 to 50 times higher than it is now, seems a lot but I seem to remember coogare saying fracking could increase flow by up to a 1000 times. Let's not forget this zone is not any of the X4 to X1 zones where the gas is greater, much greater. AIMO.

Morning K of E, Have you have bought share as an outright buy or on a spreadbet etc, I cannot see your trade go through yet although it may be delayed and what is keeping us level, it;s about 170000 shares. SGC up 12.5% last night so lets hope we follow , has anyone a link to the Dept. of Conservation Californis permit site T. I. A.

didso, I am unsure if you have been invested in eme for 3 weeks or perhaps 6 but you need to have some patience. I have had serial disappoinments with the old eme, that's before the payment back to shareholders in March 2017, I then bought heavily well for me and now own about 800K shares and I was in the placing at 3.5p, some could say well your ok as still well in profit, however I lost a packet in the 8 years prior to the shareholder payment so probably still down a little. What I would say is that this is a different eme now , we have Sacramento, at the moment Dempsey which is by no means a dead duck, then Alvaras watch the other drill now going on or perhaps awaiting testing and the on trend with Dempsey, that alone could be multiples of the current share price. On top of that we have Duyung Indonesia news imminent on this, will we buy more into it or sell it, either way got to be worth much more than current share price duid zengas put 17p alone for it plus add ons cannot remember exact, checkj it. Finally we have China don't talk pence here talk minimum pound and more, look at the figures the oil in place. The last RNS seemed to me to imply other ventures as well, BWTFDIK. Of course there are the deramping goons on here and ADVFN, I ignore them, such geniuses, but research eme you may get a nice surprise, if I had not got in earlier I would be buying now at 11p plus a steal. IMHO DYOR Happy christmas and a very prosperous New year.

We are concurrently designing and permitting the next reservoir stimulation phase of work at Dempsey and based on recent examples expect to be ready for that work early in 2018. This stimulation work is expected to be consistent with Sacgasco’s efficient and effective operating philosophy, and to be an affordable process for Sacgasco and its co‐venturers. As such, we are funded to carry out this work.  We continue to lease oil and gas mineral rights based on what we have learnt at Dempsey.  Through the advantageous JV funding agreements arranged through farmouts with our coventurers, we will look to commence work testing the current well bore for use to evaluate the existing gas shows at Alvares early in 2018.  We also are continually reviewing our opportunities to increase gas production from wells and equipment acquired earlier in 2017.  All these activities are a clear indication that we see huge upside in the Sacramento Basin.  We continue to run a dual strategy of developing our larger targets and building steady gas supply from the field production levels using our existing 27 well bores and associated equipment and pipeline conections.  So the takeaway is that we are more confident than ever in the portfolio, we know much more about what is shaping up to be a new, large conventional (albeit tite in places) reservoir petroleum system in the Basin, and we are systematically going about unlocking the related value for our shareholders.