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.
Read moreEmpyrean 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.
Read moreEmpyrean 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.
Read moreEmpyrean 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.
Read moreEmpyrean 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.
Read moreEmpyrean 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.
Read moreEmpyrean 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.
Read moreEmpyrean 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.
Read moreEmpyrean 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
Read moreEmpyrean 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.
Read moreEmpyrean 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.
Read moreEmpyrean 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.
Read moreEmpyrean Energy agrees sale of Sugarloaf interest for initial $62m
18th Jan 2016 09:55
(ShareCast News) - Empyrean Energy, the AIM-listed oil and gas developer, has agreed to offload its 3% interest in the Sugarloaf AMI shale oil development for up to $71.5m cash to Riverstone Holdings vehicle Carrier Energy Partners II (CEP II). Empyrean will receive an initial $61.5m cash on the clo
Read moreEmpyrean Energy shares lift on news of upgrade
8th Jul 2015 12:20
Shares in Empyrean Energy rose after the explorer said it received a major upgrade to its Sugarloaf project in Texas. The AIM-listed stock rose 3.41% to 3.41p by 12:25 on Wednesday after it said proved and probable reserves were up by 94%. The Sugarloaf project is operated by Marathon Oil company w
Read moreEmpyrean Energy enters hedging programme as part of Macquarie debt financing
8th Apr 2015 14:58
Oil and gas explorer Empyrean Energy said it has entered a hedging programme related to output from its Sugarloaf AMI in Texas. The news comes shortly after the US-focused group announced a debt finance facility with Macquarie Bank and Empyrean said the hedging programme fulfils the bank's requireme
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