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Proactive weekly oil and gas highlights - Hurricane Energy, Egdon Resources, Iofina
Proactive takes a look at the news from the small cap oil and gas sector
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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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Proactive takes a look at the news from the small cap oil and gas sector
"This is a milestone achievement and with production and gas sales now underway at Dempsey 1-15 crucial data on the quality of the reservoir will now be collated ahead of fracture stimulating this zone”
The company remains optimistic about the potential of the remainder of the Dempsey well
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oil and gas, Rose Petroleum PLC, Angus Energy PLC, Hurricane Energy PLC, Tlou Energy, shares
Testing will get underway once a more cost effective rig has been moved to the site
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A look back at some of the more interesting stories on the junior market this week...
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A look at this week's oil and gas news highlights in the small-cap sector
A look at some of the top risers and fallers in London today
"After slow and steady drilling through some very hard rocks over the last few days, we are very encouraged to see the best looking gas shows from another sand," Tom Kelly said.
The FTSE 100 retreated as investors worry about Hurricane Irma, while mixed economic statistics raised fresh concerns over the UK economy.
The seismic programme has unearthed hundreds of millions of barrels of oil potential