EEG 3.70% 26.0¢ empire energy group limited

Ann: US$75 Million Farm-in Agreement Update - McArthur Basin, page-6

  1. 1,726 Posts.
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    Looks like AEP have timed it to perfection - just before the NEGI pipeline decision is made .

    The greenies , lefties and anti-fossil fuel idiots and populist poli's were successful in deterring sizable Aussie operators from getting involved in onshore E&P .

    They should have been careful what they wished for because their actions have directly resulted in them getting Mr Aubrey McClendon .

    I hope they don't complain because this is a direct result of their actions .

    If considerable volumes of hydrocarbons are found , Mc Clendon will be hailed as a genius for acquiring the drilling rights to Empire and Armours acrege for about US$25m in backpayments .
 
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