Empyrean Energy shares jump as drill rig secured for Mako field
5th Jun 2026 09:13
(Sharecast News) - Shares in Empyrean Energy surged on Friday morning after the AIM-listed oil and gas explorer moved closer to drilling the Mako Gas Field offshore Indonesia after securing a jack-up drilling rig.
Read moreEmpyrean partner signs subsea contract for Mako gas field development
8th May 2026 15:51
(Sharecast News) - Empyrean Energy said on Friday that the operator of the Duyung production sharing contract had signed a binding contract for subsea engineering, procurement, construction and installation work to support development of the Mako gas field in Indonesia.
Read moreEmpyrean partner signs subsea contract for Mako gas field development
8th May 2026 15:51
(Sharecast News) - Empyrean Energy said on Friday that the operator of the Duyung production sharing contract had signed a binding contract for subsea engineering, procurement, construction and installation work to support development of the Mako gas field in Indonesia.
Read moreEmpyrean Energy upbeat on Mako Gas Project final investment decision
3rd Mar 2026 16:38
(Sharecast News) - Empyrean Energy said on Tuesday that a final investment decision had been made for the Mako Gas Project offshore Indonesia, marking the transition of the development into full execution and materially advancing its pathway to future cash flow.
Read moreEmpyrean Energy makes interim CEO its permanent chief
27th Feb 2026 13:29
(Sharecast News) - Empyrean Energy announced the appointment of Gajendra 'Gaz' Bisht as its chief executive officer with immediate effect on Friday, formalising his role after serving as interim CEO for the past six months.
Read moreEmpyrean Energy strikes cash call dispute settlement deal
23rd Feb 2026 11:52
(Sharecast News) - Empyrean Energy announced on Monday that it has finalised binding documentation to settle historical cash call arrears with Conrad Asia Energy and its subsidiary West Natuna Exploration (WNEL), clearing the way for its previously-announced farm-out relating to the Duyung production sharing contract and the Mako Gas Field in Indonesia.
Read moreEmpyrean Energy strikes deal to resolve Duyung dispute
30th Jan 2026 12:02
(Sharecast News) - Empyrean Energy said in an update on Friday that it has signed a binding term sheet with Conrad Asia Energy resolving a long-running cash call dispute relating to the Duyung production sharing contract and the Mako gas field in Indonesia, securing a funded route to retain economic exposure without future direct cash call obligations.
Read moreEmpyrean Energy reports on 'frustrating year'
1st Sep 2025 14:30
(Sharecast News) - Shares in Empyrean Energy dropped on Monday after the Australia-based oil and gas explorer reported its results following a "very frustrating year".
Read moreEmpyrean says Wilson River-1 well site cultural survey complete
17th Feb 2025 12:09
(Sharecast News) - Empyrean Energy reported that the cultural heritage survey for the Wilson River-1 well site had been completed, with no previously registered or identified cultural heritage features found at the designated drill location.
Read moreEmpyrean Energy announces land access deal for Wilson River 1 wellsite
28th Jan 2025 14:30
(Sharecast News) - Empyrean Energy announced the execution of a conduct and compensation agreement (CCA) for land access to the Wilson River 1 well site in Australia on Tuesday.
Read moreEmpyrean Energy announces land access deal for Wilson River 1 wellsite
28th Jan 2025 14:30
(Sharecast News) - Empyrean Energy announced the execution of a conduct and compensation agreement (CCA) for land access to the Wilson River 1 well site in Australia on Tuesday.
Read moreEmpyrean addressing China challenges after mixed year
1st Oct 2024 10:29
(Sharecast News) - Oil and gas explorer Empyrean Energy reported progress across its projects in China, Indonesia and the US in its final results on Tuesday, while also addressing challenges that had emerged in its operations.
Read moreEmpyrean raises £700k through share placing
13th Feb 2024 08:05
(Sharecast News) - Oil and gas development company Empyrean has raised £700,000 through a placing of 280.0m new ordinary shares at a price of 0.25p each.
Read moreEmpyrean losses widen after disappointment at Jade
16th Sep 2022 16:10
(Sharecast News) - Empyrean Energy reported an operating loss of $7.71m in its final results on Friday, significantly widening from the $0.95m it recorded in 2021.
Read moreEmpyrean to move to next development phase at Topaz
10th Jun 2022 12:30
(Sharecast News) - Oil and gas developer Empyrean Energy updated the market on the post-well analysis, and the second phase of exploration and drilling, at the Topaz prospect on its wholly-owned Block 29/11 permit, offshore China on Friday.
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