I challenge all of you, for one month to put positive posts on this forum and let’s see what happens to share price then OK.
Lets all start doing little research as there is some positive news out there re ego
Empire Oil and Gas secures rig for Red Gully North-1 completion
A contract has been awarded to Enerdrill Pty Ltd, which secures the use of Enerdrill’s Completion Rig-1 and will cover well completion activities at RGN-1.
The completion equipment has arrived in Perth and is undergoing testing in sub-assemblies prior to running the completion. Land access approvals have been granted. Empire has also made key submissions to the West Australian Department of Mines and Petroleum (DMP) including:
RGN-1 Completion and Testing Environment Plan Bridging Document.
RGN-1 Well Completion Safety Management system.
RGN-1 Well Management Plan Update for completion and testing operations.
RGN-1 Testing Safety Management System.
Subject to government approvals being received, the completion operations on RGN-1 are expected to begin on 23 March with testing operations expected to start in mid-April.
For further details refer to the following website
http://www.energyglobal.com/upstrea...es-rig-for-Red-Gully-North-1-completion-2672/
As you will notice all management are waiting for is the government approvals which do not get approved overnight, so be patience OK.
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