EMP 0.00% 1.0¢ emperor energy limited

seismic to be completed march quarter, page-32

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    Company thinks late Q1 2011 i.e. in March 2011. Usually there will be a leak and the share price will jump up by 20% just the day before it is released (sorry I am being sarcastic but that is exactly how the share price behave before the last two very excellent announcements). This from the quarterly report:

    While contingent resources cannot be established until the reprocessing of the extensive vintage 2D seismic within the Kimberley Downs Embayment feature is complete (expected late 1Q2011), the evident seal and trap appears to be in the Lower Laurel Formation, location of the top of which the Company knows is relatively easy to predict given highly accurate correlations of both prediction to actual observed in the Backreef-1 well
 
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