EMP 11.1% 1.0¢ emperor energy limited

Ann: Update on Progression Towards Independent Resource Statement, page-31

  1. 2,677 Posts.
    lightbulb Created with Sketch. 178
    Discovery of the Longtom field

    The Longtom gas field was originally discovered by BHP Petroleum in January 1995 with the drilling of the Longtom-1 / ST1. The well encountered dry gas. BHP declared the field non-commercial due to the poor quality of the reservoir.
    In 2004, Nexus drilled the Longtom-2St-1 well, encountering a 400m gas column in five distinct reservoir zones. The Ocean Patriot semi-submersible drilling rig drilled the Longtom-3 well from July to September 2006. The well flowed at a rate of 75 million standard cubic feet per day (MMscf), confirming the commercial viability of the field. It was suspended as a future producer.
    Geology and reserves

    “Longtom’s first production began in 2009.”
    The Longtom field reservoir is of the Admiral Formation, belonging to the Emperor Subgroup.
    The field is estimated to contain 268 billion cubic feet (Bcf) of proven gas reserves and 2.8 million barrels of proven condensate reserves.

    https://www.offshore-technology.com/projects/longtom-field/


    i sincerely hope for a repeat here with our assets
 
watchlist Created with Sketch. Add EMP (ASX) to my watchlist
(20min delay)
Last
1.0¢
Change
0.001(11.1%)
Mkt cap ! $3.834M
Open High Low Value Volume
1.0¢ 1.0¢ 1.0¢ $500 50K

Buyers (Bids)

No. Vol. Price($)
7 2203771 0.9¢
 

Sellers (Offers)

Price($) Vol. No.
1.0¢ 147144 2
View Market Depth
Last trade - 12.17pm 23/07/2024 (20 minute delay) ?
EMP (ASX) Chart
arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.