Carl has all the ducks lined up. Looking forward to the continual news flow leading up to these events. Get set early
► Independent resource statement released 6/4/22. 50% larger than last seismic data = 1.8TCF gas ► Golden Beach and Kipper Sands flow together. Excellent flow and quality. ► Currently negotiating drill partner. Announcement imminent. ► Drilling mid 2023. Production 2025. ► Currently searching for drill rig to lock in ► EMP negotiating with drill partner no financial input to drilling costs and back payments for costs incurred to date. ► AGR (well consultant) will lodge environmental approvals to drill next year with NOPSEMA August/Sept 2022. ► Already have agreement with APA to take gas onshore through existing infrastructure ► Exxon is EMP's neighbour. $370 billion market cap. ► Carl Dumbrell " financial model has been through the ringer with a lot of big companies and found no fault"
EMP Price at posting:
5.9¢ Sentiment: Buy Disclosure: Held
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