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Small-cap coverage continues on .com
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Empyrean Energy 'operationally ready' to spud Jade well

Empyrean Energy 'operationally ready' to spud Jade well

Empyrean Energy's Gaz Bisht updates Proactive on preparations to drill the Jade prospect on its Block 29/11 permit. Empyrean’s partner, China National Offshore Oil Company (CNOOC), has created a slot for Empyrean to drill the Jade well in its schedule, immediately following the well currently being drilled using the NH9 drilling rig. The rig, which is owned by China Oilfield Services Limited (COSL) is anticipated to become available in late March or by mid-April depending on whether the current well encounters testable hydrocarbons.

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The Markets
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