EGO 0.00% 12.0¢ empire oil & gas nl

EGO website updated, page-2

  1. 5,453 Posts.
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    The last dot point in EGO's introduction on its new web presence.

    This provides a strong foundation for the growth ambitions of Empire, whose vision is to sustainably grow into a mid-tier exploration and production company. Empire’s strategy is:
    • Be the Perth Basin operator of choice, safely supplying WA domestic gas by growing the Red Gully production hub
    • Delivering reserves and production growth by drilling material quality exploration prospects in the high profit margin onshore Perth Basin
    • Attracting quality farm-in partners to assist in accelerating growth plans.

    By stating this in its introduction it does not give me very much confidence this board has attracted any quality farm-in partners at all. IMHO I would not classify PGY as a quality farm-in partner in two of EGO's permits.  They are just a speccy just like EGO.

    As to having a vision?   I hope that vision does not become a nightmare for EGO's shareholders.


    DYOR
 
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Currently unlisted public company.

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