EMP 19.1% 2.5¢ emperor energy limited

"is getting very close to being deliberately misleading"What...

  1. 17,248 Posts.
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    "is getting very close to being deliberately misleading"

    What ,you can read minds can you?

    Yes I confess,I omitted the oil word in conjunction with the gas word.
    Shoot me if you will,clearly you've never made an error in your entire life.
    The very fact, you pulled me up on my mistake(that's what it was),suggests to me the poster,then and now,there was no deliberate action on my part to skew the overall picture,after all there's only 6 degrees of separation throughout the entire world,neigh the whole bloody cosmos.

    So for my error,I apologise,most sincerely.

    But I stand pat on my over all comment.

    You are entitled to your opinion over both CYRANO OIL FIELD,and the Offshore Gippsland permit fields,I dont share your view.

    CYRANO oil field is in "only" in 17 meters of water depth,and the holes previously drilled were around 600 metres depth.
    So there is IMHO opinion an opportunity for a very "cheap" entry into this marginal field which could provide some "easy money" for OBL.

    The Gippsland offshore permits are ideally situated IMHO.

    Critically for NSW, the flow of APA’s Moomba-Sydney pipeline could ultimately be reversed. Does that mean Sydney runs out of gas? No. Gas will flow up augmented pipelines from Bass Strait, which is not running out any time soon. Esso and BHP are spending $4.5 billion on developing the Kipper Tuna Turrum project to maintain production there and the partners do not reveal reserve numbers. In an outburst of honesty then BHP petroleum chief Mike Yeager told the APPEA conference in Adelaide in 2012 that Bass Strait could supply east coast markets “indefinitely”.

    One industry observer, also speaking on the condition of anonymity, suggested gas was a potential headache for both the Coalition and Labor heading into the 2014 Victorian election.

    This source predicted little tangible action ahead of that election but after the poll the imperative would be strong, he said.

    “Whoever is in government post-2014 isn’t going to be able to sit back and watch prices go up,” he said.

    “We need more gas so we had better get it.”

    http://www.afr.com/p/australia2-0/gas_price_headache_only_just_beginning_ir6hvl3VTRZ68XBPLXkkZJ

    I wasn't trying to crap over your company,and yes I made a mistake,but please dont try and blow it out of all proportion.
    Good luck to you,I think Ill have better luck with OBL.

    Raider
 
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