EGO 0.00% 12.0¢ empire oil & gas nl

Where To From Here, page-9

  1. 5,453 Posts.
    lightbulb Created with Sketch. 21
    No Toppy. That is the trouble I don't think anyone at EGO knows what to do, certainly not me, I am just a shareholder.
    From the announcement it would appear that if zonal isolation can be achieved over the Cattamarra C and upper D sands then the lower D sands will be the only productive zone within the well. I wonder what our board will call that, "a resounding success?"
    But that said whatever is done to the well I sincerely hope it does not cost too much and at the very least will not be "plugged and abandoned."
    The latter will be a disaster for the company and its shareholders.

    The big question. Was a success at RGN-1 dependant upon receiving financing to repay the debt to ERM, something that is edging closer every day.
 
watchlist Created with Sketch. Add EGO (ASX) to my watchlist

Currently unlisted public company.

arrow-down-2 Created with Sketch. arrow-down-2 Created with Sketch.