EPE enterprise energy limited

re: latest on yellowbank & nulla nulla

  1. 280 Posts.

    Just got some latest news for those who are interested.

    Firstly, Capman you and I were right about the announcements. Directors apologize about the lack of substance and weren't sure about the sensitivity and will now make changes. In all honesty, they were not sure how much detail should be mentioned in the announcements as they did not want to give away too much to others nearby, but did agree on improving the info with daily announcements.

    If anything, they appreciated someone informing them as they had no idea that some holders were not happy about it and will make improvements starting from tomorrow.

    Also, they didn't know about the share price falling since they have been very busy and will try to keep investors informed and restore confidence.

    Secondly, Yellowbank creek-2 has been shut in, too much water.

    Thirdly, Yellowbank Creek-4 looking very good and promising and expect will get results as they said "Its a known Oil Field"..And will begin to detail in the next announcements.

    And last, Nulla Nulla-1 going OK and have been disappointed with Hutton but starting to look interesting in Poolowanna Formation and will begin analysing and still have some hopes resting on this. Hopefully, we will see more detailed announcements regarding their progress.


    In conclusion, Yellowbank Creek-4 going great and Nulla Nulla-1 hicuping and burping along..

    If you notice announcements improve then you'll know I'm talking to the right people.


    Make your own decisions and do your own research.



    Cheers,
    Ace.
 
watchlist Created with Sketch. Add EPE (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.