Empire Energy Corporation Intl. (fka EEGC)

[rigman]

As usual Howard you are wrong. There is not one oil drilling rig currently available in Australia. Both the Hunt rigs and Century Rig 7 could be available to start mobilising around mid November. This would mean an early December start (at the earliest) for drilling. This assumes that Empire have the money NOW to pay the drilling contractors and other suppliers up front. If Empire were to use a Spaulding mineral rig they may be able to drill another few hundred meters but could not get to planned total depth.
There is nothing in the recent press release to suggest that Empire has any money and IMO drilling will not start this year.