EGO 0.00% 12.0¢ empire oil & gas nl

I'm stoked with the NO BULLSHIT approach. OK there was some bad...

  1. 3,084 Posts.
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    I'm stoked with the NO BULLSHIT approach. OK there was some bad news with the plant issues & cost overrun (again) with the 3D seismic at Wannamal however it is concise & to the point. Isn't it just a buzz to get actual figures on the gas & condensate produced for once & the removal of previous references to gas in place so 1, 2 & 3 P's here we come. Another highlight is that Ian Paton is back in the interim to help plan the perforation of the B sands at RG1 (wooohoooo) & I guess map out any new drills from the info.

    Corporate costs have been way to high (& don't we know it!)

    As I suspected we are in a much better place now with the incumbents so I only see it as onward & upward from here (especially when they start to drill in April). There might be some that are startled by the issues etc. however I truly believe we are now in the best hands to get us on track.

    Love your work "new board" & thanks for being straight shooters with this report.

    To the previous board I say GOOD RIDDANCE!
 
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