Empyrean 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.

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Empyrean 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.

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Empyrean 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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Empyrean and partners preparing to drill Jade prospect

4th Apr 2022 11:52

(Sharecast News) - Oil and gas development company Empyrean Energy updated the market on preparations to drill the Jade prospect at its wholly-owned Block 29/11 permit, offshore China on Monday.

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Empyrean preparing to take delivery of Jade drilling rig

25th Mar 2022 12:31

(Sharecast News) - China, Indonesia and US-focussed developer Empyrean Energy updated the market on preparations to drill the Jade prospect at its wholly-owned block 29/11 permit, offshore China on Friday.

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Empyrean awards contract for survey of China offshore block

5th Oct 2021 09:43

(Sharecast News) - China, Indonesia and United States-focussed oil and gas development company Empyrean Energy has awarded a contract for the well site survey over the Jade prospect, it announced on Tuesday, to China Oilfield Services (COSL), on Block 29/11 offshore China.

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Empyrean Energy raises £5.02m to secure drilling rig for Jade

9th Jul 2021 15:48

(Sharecast News) - China, Indonesia and United States-focussed oil and gas development company Empyrean Energy has placed 83,698,498 new shares at a price of 6p, it announced on Friday, to raise £5.02m, to secure a drilling rig for the Jade prospect.

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Empyrean Energy raises £0.2m for general working capital

11th Sep 2020 08:41

(Sharecast News) - China, Indonesia and US-focussed oil and gas development company Empyrean Energy updated the market on its £10m equity placement facility with Long State Investment on Friday, raising £0.2m for its general working capital.

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Empyrean Energy gets extension to first phase at China block

3rd Jun 2020 12:36

(Sharecast News) - Oil and gas exploration and development company Empyrean Energy updated the market on block 29/11, offshore China on Wednesday, confirming a 12 month extension to the first phase of exploration.

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Empyrean Energy cancels ?1m placing plans amid low oil prices

17th Apr 2020 11:38

(Sharecast News) - Oil and gas development company Empyrean Energy announced on Friday that it was no longer proceeding with its proposed ?1m placing.

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Empyrean Energy cuts losses as progress in Asia continues

24th Dec 2019 09:48

(Sharecast News) - Oil and gas development company Empyrean Energy told investors on Tuesday that it had cut losses and made continued progress on its portfolio of projects during the six months ended 30 September - primarily in China and Indonesia.

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Empyrean Energy confirms start of two well drilling programme

4th Oct 2019 10:04

(Sharecast News) - Empyrean Energy on Friday confirmed the drilling of the Tambak-2 well has commenced at the Duyung PSC in the West Natuna basin, offshore Indonesia

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Empyrean signs on GCA to conduct audit on China prospects

5th Sep 2018 09:42

(Sharecast News) - Oil and gas development company Empyrean Energy has engaged Gaffney, Cline & Associates (GCA) - a global oil and gas consulting agency - to complete a third-party independent audit of oil initially in place estimates over the Jade, Topaz and Pearl prospects located in Block 29/11 in the Pearl River Mouth Basin, China, it announced on Wednesday.

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Empyrean Energy boosted after approval for California natural gas testing

30th Aug 2018 12:33

(Sharecast News) - Oil and gas development firm Empyrean Energy saw its shares jump on Thursday after approval to test the potential for over-looked natural gas in the Alvares 1 well in the Sacramento Basin, California.

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Empyrean cuts loss but will need further funds in coming year

6th Aug 2018 08:10

(Sharecast News) - Empyrean Energy cut its losses last year but in order to progress exploration of its assets, new funding will be required within the next 12 months.

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