EGO 0.00% 12.0¢ empire oil & gas nl

Ann: Contingent oil resources at Red Gully North-1, page-4

  1. 5,235 Posts.
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    Good they are talking it up but the big issue is the water and the huge ponds required, also the costs and lengthy time delays. Not really a priority for me this well, it's cost a huge amount of money so far, still working if at all economical.

    Rather see farmin announced and drilling program as the rewards will come from the north. This well is a year away if at all. Board have to focus on the north.
 
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