EGO
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0.00% 12.0¢ empire oil & gas nl

i'm fed up!, page-9

  1. will do
    8,767 Posts.
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    12/03/14
    11:52
    Post #: 13115181

    Hi PB,

    Your prayers were answered.

    At least $1M of the loan facility will cover the costs of perforating the B sands for further evaluation to know what is there and be produced from. 6-9 mths to establish a reserve figure.

    Moderate success.?????

    At least the income from the condensate is enough to compensate the needs of running the company albeit not enough for exploration.

    Time to go back to bed.
    EGO Price at posting: 1.0¢ Sentiment: None Disclosure: Not Held
    Likes Created with Sketch. 4  Upvote
    lightbulb Created with Sketch.  Great analysis
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