EMP 12.5% 0.9¢ emperor energy limited

looks like we got bru as partner in derby bloc, page-37

  1. 279 Posts.
    Obligations in the real oil business don't come cheap. How much would a 50% share of a deep well in the derby block cost? say 10-20 Million depending on a huge number variables. would the OBL punters be prepared to kick in that much on one well?

    I will watch with considerable interest as things unfold. Of course some crazy cashed up 'big-oil' co like Hess or Murphy or Petronas may take OBL out everyone will be happy

 
watchlist Created with Sketch. Add EMP (ASX) to my watchlist
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.