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Proactive's weekly oil and gas round-up: Pantheon Resources, Chariot Oil, Eland Oil ...
Some this week's oil and gas news highlights from the newswire
Company
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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Some this week's oil and gas news highlights from the newswire
HSS Hire and Dunelm were among the main market movers, meanwhile, Berkeley Energia and Empyrean Energy were among the small cap standouts.
Investments and investor services
London's FTSE 100 was trading steadily in Wednesday afternoon's exchanges.
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A glance at some of the day's highlights from the Proactive Investors newswire
"We look forward to providing further updates as drilling progresses," said Tom Kelly, Empyrean chief executive.
Investments and investor services
FTSE 100 closed Tuesday's afternoon session 64 points lower at 7,337
Success in shallower gas zones are expected to cover the costs of the well, which is still to test deeper and significantly larger exploration targets.
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A look at the world of small cap oil and gas news this week
Drilling continues but in the meantime Empyrean has revealed that significant gas shows have been identified in mud logs
Archive
A look at the world of small cap oil and gas news this week
Archive
A glance at some of the day's highlights from the Proactive Investors newswire
A look at some of the biggest risers and fallers in London today