EGO 0.00% 12.0¢ empire oil & gas nl

are we stuffed?, page-28

  1. 8,841 Posts.
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    conejo,

    If the plants a dud, its doesn't work.

    This plant works but trips out, needs to be redesigned in problem areas and new parts that do the job, its fixable.

    How much time and money is anybodys guess. Gas supply needs to be sorted too and tweaked in the plant.

    The 389 permit still has heaps of potential but just need to tweak these wells into proper supply delivery. Some pay zones may be ok but others may not be. One day they will find the answer. The gas is there but just getting it is another thing for longitivity of the well from rapid depletion.

    AS for WHARF, the current problems wont put them off in trying to stay in the JV as this is still a real chance of being a decent money earner once problems are overcome..
 
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