Replies to post #16475 on Empire Energy Corporation Intl. (fka EEGC)

[Howardhaftel]

I disagree. I think big things will happen sooner then 6 to 12 months.
Look what is happening:
Rights offering closes in 2 weeks that adds millions to the company treasury
Purchase of new oil rig able to drill 15,000 feet, packing and shipping to Australia and then on to Tasmania
Financing will close shortly on first couple of 20 million dollar notes for drilling.
Joint Venture with a Gulf Coast oil drilling and management company
Financing talks going forward for Flare Gas
Filing for restoring missing sites
Filing for offshore exploration license.
Sounds like a bunch of good stuff to me!