Ann: Results of Judith-1 Well Gas Production Simulation Modelling, page-15

the biggest issues for me are
1. It requires huge investment to take an offshore gas field to production. Now that's fine if you're looking at a field with 25-50yrs of production and a product in constant demand. But that's not the case with EMP. Even the Saudis are worried about their not too distant oil future... what long term hope has EMP got?

2. In all the years EMP have been touting their project, how many O/G developers have even expressed any interest in the Judith field? The silence has been deafening. That's a real red flag for me. If the industry experts have not expressed any interest in EMP then who am I to be thinking EMP has any future prospects.

So I'm stuck with my small parcel of EMP shares until there is a sudden irrational sp ramp at which time I'll be out.