High and dry??
EGO report 01/11 page 2.
Empire retains the right under the EP 104/R1 Joint Operating Agreement to its 14.8% in this
Nullara Formation by “backing in” and paying the penalty out of production. The Company
considers that if the Nullara is gas charged (with the potential for an oil leg) any penalty will pay
out very quickly at production stage should hydrocarbons be present and in commercial
quantities. Upon Empire “backing in”, it will retain its 14.8% equity.
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High and dry??EGO report 01/11 page 2.Empire retains the right...
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$3.53 |
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Mkt cap ! $2.316B |
Open | High | Low | Value | Volume |
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Price($) | Vol. | No. |
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1 | 1686 | 3.520 |
1 | 1686 | 3.510 |
1 | 1686 | 3.500 |
1 | 1686 | 3.490 |
Price($) | Vol. | No. |
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3.560 | 2500 | 1 |
3.570 | 1686 | 1 |
3.580 | 8974 | 2 |
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3.600 | 1686 | 1 |
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