Replies to post #20259 on Empire Energy Corporation Intl. (fka EEGC)

[roger wilco]

Yes, it is a great disappointment that the Grand Monarch deal couldn't be finalized. Mr. Leach's resignation was also a disappointment.

It's less than a month when the 1st year of a 2 year term is over with the MRT.

The lease is till May 17, 2012

[EarnestDD]

Agreed with the first expenditure requirement being only three weeks away and the resignation of the director with investment banking experience it looks like the EEGC business plan is about to come crashing down very soon.
jmo

[zequalsz]

I seem to remember Mr Callaway was also going to bring fund-raising expertise to EEGC using his high-powered contacts in the industry (when he wasn't busy appraising the seismic data and estimating the huge oil resources that RPS Energy had missed seeing, that is).