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All in Eol - Fri, 22 Dec 06 :

It's hard to believe that Eme can fund the extra slice of the casing, fraccing and prod test of SL, 44% of the recently announced Margarita project, A new lateral at Eagle (assuming that EME continue with this, which is a dead cert IMO), the Seismic at Glantal AND the 2 new projects that Dr Cross talked about in the WSR interview without getting a placing away in the very near future!

An extract from the EME website

"Empyrean has in a very short period of time proven its ability to identify, analyse, negotiate and fund excellent projects with an appropriate mix of risk versus reward. Empyrean will continue to balance out its portfolio of projects with a continual review of opportunities globally. Empyrean prides itself on being able to fast track the process from identification of a suitable project through to funding and drilling."

AiE


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