EEG 3.70% 26.0¢ empire energy group limited

WEEKLY DRILL PROGRESS REPORTS

  1. 1,094 Posts.
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    This is fifteenth day of Carpentaria 1 drill. No reports of progress released to shareholders to date. Total depth target is 2900 metres. Anticipated drill time 40 days. Average daily drill calculation is 72.5 metres. Todays average calculated drill depth will be 1087.5 metres. Thats 37.5 % of total drill depth goal. Drilling reality is it goes faster and slower depending on conditions. Depth at end of today may be different to average calculated figure. Progress reports would be welcome and informing for shareholders. Company is very good at marketing its prospects but does not have same keeness about shareholders viewpoint. Weekly progress reports are appropriate. A report only some time after total depth is reached is inadequate.
 
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