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7.250.00% at 16:30

Bid - Ask7.00 - 7.50 Change0.00 (0.00%) Volume30,224 Open7.07 Prev. Close7.25 Day7.07 - 7.35
Change0.00 (0.00%) Open7.07 Day7.07 - 7.35
Day7.07 - 7.35 Prev. Close7.25
Volume30,224
Open7.07
Prev. Close7.25
Year4.00 - 8.98

7.250.00% at 16:30

Bid - Ask7.00 - 7.50 Change0.00 (0.00%) Volume30,224 Open7.07 Prev. Close7.25 Day7.07 - 7.35
Change0.00 (0.00%) Open7.07 Day7.07 - 7.35
Day7.07 - 7.35 Prev. Close7.25
Volume30,224
Open7.07
Prev. Close7.25
Year4.00 - 8.98
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Dumbanddumber 24 May 2016

Re: Director dealing But at least Kight seems to think (my personal interpretation) that he can profit - got to be good news for investors?

millwallfan 23 May 2016

Re: Director dealing Could this be stake building to receive the exceed capital payout hen take the company private when share price lower to reflect sale of major asset???

Dumbanddumber 23 May 2016

Director dealing RNS 11 April - James Kight held c.8%RNS 23 May - James Kight holds c.9.5%Increase of 3.3M shares (c.1.5%)

Dumbanddumber 22 May 2016

Contingent payments I think there are further possible payments receivable continent on oil price over certain periods - up to $10m.Unless I missed it, no obvious mention in the last RNS? If these are still in play then, with oil on the rebound, these might now kick in?

millwallfan 17 May 2016

Return excess cash to shareholders My calculation is that this RNS equates to about 5.4p per share to be returned. Any other calculations welcome. Also post return, what is the likely share price now a valuable asset is permanently off the books? Anything above 2.5p will be a bonus.

forwardloop 22 Feb 2016

remaining assets worth? [link]

one4all 22 Feb 2016

just closed the £70mill deal mmm surprised no movement here

one4all 22 Feb 2016

hardly any reaction as yet nett $28mill on a market cap of £13mill and debt free, profitable ...what a penalty kick this is

opulentia 10 Feb 2016

Re: Thoughts anyone.yes!! 10-20p return not expecting anything near that, we will be lucky to get 2p, imo, they will need that cash for picking up distressed assets, thats when we will get the returns we hope for, GLA LTH

Vitautas 19 Jan 2016

Re: Thoughts anyone.yes!! 10-20p return Read that, also page 8, of the 70 Million $ only a part remains after paying all debts, taxes and bills:[link]

barno99 18 Jan 2016

Re: Thoughts anyone.yes!! 10-20p return I see us selling the largest asset ( but not all assets) for $70+ million dollars ( £50 million ) with debt of $1.9 million dollars.A hedge with Maquerie bank on future oils sales and a profit of $5 million 2015 less tax.At the current value of 7.38p that makes the company worth just £16 million pounds.So what is the real value of the shares worth..? Or have I missed something>>> At face value it seems they must be worth a heck of a lot more than the current valuation??A LOT MORE>>

coldascheese 18 Jan 2016

Re: Thoughts anyone.yes!! 10-20p return MY view is that by calcs share is worth about 9.5p. However they will probably only return about half that and then that is after a good 6 months of, IF the deal goes through.There are still a lot of unknowns in this deal so best to wait until it becomes a bit clearer.10-20 p is a tad optomistic. Could be safer to bank some profits.

schlumberger 18 Jan 2016

Re: The oilman.. pardon my ignorance here but whtas the likely scenario here?Are they looking to buy other assets and develop them?or payout the windfall to investors ??

barno99 18 Jan 2016

The oilman.. The share price of 30p is my target BTW

barno99 18 Jan 2016

From The Oil Man III Empyrean EnergyEmpyrean Energy (EME), market cap £10.81 million, sells its (admittedly main) asset for $71.5 million (£50 million) - and possibly $10 million more - and the share price rises by a measly 5.4%; what is one to suppose?It looks like another one for the "pool of value" list I have been tracking lately, as shareholders will eventually get the benefit of this deal. Tom Kelly and his team should be applauded for getting this deal over the line at such a price in this market, and whilst I know that some will feel it might have been more, it is better than most recently.The rationale for doing the deal was simple enough:Target price for me north of 30p and very very soon

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