Empyrean Energy says Jade well making good progress
Casing is now underway to be followed by the installation of a blowout preventer,
Company
Empyrean Energy PLC
LON:EME
Empyrean Energy PLC is a London AIM listed oil and gas explorer. The company is currently focused on three cornerstone assets with transformational potential: Block 29/11 offshore China; the Duyung PSC offshore Indonesia and a multi project participating interest in the Sacramento Basin, California.
200 stories · page 3 of 10
Empyrean Energy starts drilling of Jade well
Logging While Drilling (LWD) operations will be carried out simultaneously
Empyrean Energy expects weekend spud at Jade well
“We look forward to providing updates as the drilling starts and further progress is made," said CEO Tom Kelly
Empyrean Energy to mobilise drill rig at Jade prospect this week
Weather has improved allowing the rig to be towed into position
Empyrean Energy updates on Jade well timeline
"We look forward to re-commencing rig mobilisation operations as soon as weather conditions allow for safe working conditions," said Tom Kelly.
Malcy's Blog - Oil price, Empyrean. And finally…
Oil price, Empyrean. And finally…WTI $112.34 -2.59, Brent $119.03 -$2.57, Diff -$6.69 +2c, NG $5.40 +17c, UKNG 251.0p -24.0pOil priceOil has fallen again today, partly whilst the EU struggle to agree on sanctions against Russia and partly a
Empyrean Energy expects Jade well spud in early April
"We are delighted that we are now days away from being ready to spud one of the highest impact and exciting wells of 2022,” said Tom Kelly
Empyrean Energy ready to let the drill bit do the talking on the Jade prospect
The challenges that have been overcome in order to get to this stage and be ready to drill are many
Empyrean Energy completes offshore survey ahead of Jade well
The team overcame rough weather and sea conditions to complete the survey, which is a prerequisite to the high-impact drill programme.
Empyrean Energy starts legal action in Singapore over cyber fraud
The oil and gas company said it will take the necessary steps to recover the funds involved in the fraud
Empyrean Energy to progress Jade programme despite poor weather
“We need a little bit of luck from the weather, but we are finding ways to progress despite the unseasonal late poor weather conditions,” said chief executive Tom Kelly
Empyrean Energy set for 'exciting time' as drilling to start at Jade prospect in new year
Empyrean said preparations are on track for the start of drilling at its Jade prospect.
Empyrean Energy fully funded to drill Jade after £7.6mln raise
A placing at 6p raised £3.62mln with a further £4mln coming from a convertible loan
Empyrean Energy confirms December spud for Jade well as drill contract signed
"The signing of the integrated drilling contract with COSL, marks another important milestone," said chief executive Tom Kelly
Empyrean Energy upbeat will spud China Jade prospect in December
“We are now counting down towards drilling of the company's first exciting exploration well in China"
Empyrean Energy signs up contractor for Jade site survey
"The well site survey contract award marks an important and crucial milestone," said chief executive Tom Kelly
Empyrean Energy signs up driller for Jade exploration well offshore China
“The countdown to the drilling of the Jade prospect has begun," said chief executive Tom Kelly
Proactive weekly oil and gas highlights: ExxonMobil, Westmount Energy, Union Jack Oil...
A snapshot of the oil and gas sector stories this week
Empyrean Energy has huge upside if Jade well comes in, says Cenkos
Exploration success at Jade would see the risked valuation of the prospect increase from 9.9p to an estimated 41.8p
Empyrean Energy on track to drill Jade prospect in 2021
A £5mln placing in July will provide funds for the programme