Empyrean Energy counting down to transformational Chinese exploration well
The small-cap oil and gas firm is working rigorously to prepare for a potentially transformational exploration well offshore China.
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.
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Empyrean Energy starts planning for Jade well in China
"We are excited about commencing comprehensive planning for drilling our first well in China,” said chief executive Tom Kelly
Empyrean Energy adds US tax refund to kitty
An expected US$357,702 US tax refund has now been received by the company
Empyrean Energy’s Chinese exploration prospects upgraded by stockbroker Cenkos
The Jade and Topaz prospects have each been valued by Cenkos at premiums of 206% and 94% respectively.
Empyrean Energy extends deadline for first well offshore China
"This 12-month extension is a further example of the excellent cooperation and understanding between CNOOC and Empyrean,” said Tom Kelly.
Investments and investor services
GRC International slides as it places shares to finance an acquisition
A look at the day's major movers, including eServGlobal, Plaza Centers, Range Resources, Pathfinder Minerals, Altus Strategies, Coro Energy and Empyrean Energy
Empyrean Energy reveals findings of Mako resource report
“Rarely do you get such a unique mix of low risk appraisal coupled with a potentially high reward exploration target under an advantageous structure," chief executive Tom Kelly said.
Empyrean Energy reveals estimate upgrade for China prospects
“The work done by GCA certainly supports Empyrean's view on the potential size and attractiveness of these prospects"
Empyrean Energy sees volatile trading on Mako gas project update
"The extent and excellence of work completed by Conrad in conjunction with Lemigas is extremely pleasing,” said Tom Kelly, Empyrean chief executive
Empyrean Energy due US$1.3mln of tax refunds
The AIM-quoted oil and gas group is receiving tax refunds from both the UK and United States
PowerHouse Energy shares lifted as it debunks speculation on Science Park closure
A look at some of the biggest risers and fallers in London on Wednesday
Empyrean Energy shares drop despite Dempsey production plans
The well is expected to deliver cash flow soon and Empyrean will now turn to the Alvares
Empyrean Energy shares advance on Dempsey well result
It was described by Empyrean as a “very encouraging flow rate”
Nanoco Group on the front foot after receiving £1.8mln payment from US partner
A look at some of the top risers and fallers in London on Tuesday
Polymetal shares lose their shimmer as it goes on a shopping spree
Polymetal has acquired an 85% stake in one copper-gold deposit, sold an 85% in another copper-gold project, and it has also upped its stake in a silver property
Empyrean Energy set to resume Dempsey well testing
"We look forward to testing operations re-commencing at Dempsey following an extensive technical review process,” said chief executive Tom Kelly