Replies to post #23099 on Empire Energy Corporation Intl. (fka EEGC)

[pitts77h]

No, Empire has no money to pay for a rig and given the past history between Hunt and Empire, there's simply no way Hunt will deal with them unless they receive a hefty (i.e. FULL) payment up front.

We're not talking "personal lines of credit" or "convertible notes" or "pinkie promises" either.

I hear the Space Shuttle has been demobilized as well... there's just as much chance of EEGC getting that.

[oilsleuth]

CTP's releases have been accurately relayed here. See for example post #22700 of 9 February.

Whoever first comes up with the money will presumably secure the Hunt rig.

But it's now a possibility as it is being demobilised by CTP and not tied up long term as some had suggested.

[pitts77h]

Besides, it doesn't matter because back in mid-November we were assured that "they have 2 rigs lined up already"

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=69020665

and they weren't going to use the Hunt Rig:

who said anything about using the HUNT rig? Your information is outdated. Arrangements are made.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68961064

Then again, that info comes from a poster who said his "intel" was that Empire would "be drilling in December"

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=68946734