EGO 0.00% 12.0¢ empire oil & gas nl

Lets look at a hypothesis for a Farm-in?

  1. 1,101 Posts.
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    Lets move on - chasing the shadows of the past is never going to be productive.

    I am as active in that space as anyone, but the criticisms commonly made on these threads are as dreary and uninspiring as the performance of the B&M has continued to be.

    We continue to wait, for something, Anything! Which might give us some confidence that progress is really happening.

    So! What is there to contemplate regarding any Farm-in proposition?

    Are we, or are we not the operator of choice in the Perth basin?

    Are we or are we not a middle level Oil and Gas Explorer?

    Would we be able to negotiate terms which are favorable for Empire shareholders?

    Are there any prospective farm-inee parties interested, ie; actually engaged in formative discussions/negotiations? If so "how many?"

    What would a farm-in look like and how would it work?

    Harry and or Kit, you guys are fairly sharp, if you were looking at establishing a farm in deal with Empire, would you be comfortable with what our business package might be?

    When is the black shag seismic going to be done and analysed?

    What would be the range of the participation levels required in a farm in with Empire? How many wells drilled, etc etc?

    Would Empire retain the Operator role?

    What do we expect from MIN in this process?

    I could go on?
 
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