Empyrean Energy PLC - Western Australia-based oil & gas explorer and producer with assets in China, Indonesia and US - Enters second phase of exploration and drilling at the Topaz prospect in offshore China. It says the second phase of exploration requires the firm to pay USD250,000 to its partner China National Offshore Oil Co. Read More
Empyrean Energy PLC - Western Australia-based oil & gas explorer and producer with assets in China, Indonesia and US - Raises GBP1.8 million in placing of 121.8 million shares at 1.5 pence each. Will use funds to complete further post well analysis of Jade well, cover costs of drilling at Jade, as well as a "comphresenive oil migration study with China National Offshore Oil Co for potential oil charge to the Topaz prospect. It will also be used for general working capital. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Wednesday and not separately reported by Alliance News: Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Thursday. Read More
Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - Says the Jade prospect at its 100% owned Block 29/11 permit, offshore China, reached final total depth but logging indicated no oil pay in the target reservoir. "We are extremely disappointed with the results of the well, particularly after conducting a systematic and comprehensive technical analysis followed by running a safe drilling operation," says Chief Executive Tom Kelly. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday. Read More
(Alliance News) - Stocks in London early Wednesday followed a lousy session in the US overnight, with the FTSE 100 dragged down by steep losses for industrial software firm Aveva. Read More
(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday. Read More
Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - Says drilling operations at its LH 17-2-1 well at its Jade prospect, offshore China continue to run "smoothly". Adds that progress to date is on schedule. Confirms that the drilling results have validated the pre-drill interpretation of seismic data. This includes the presence of gas clouds over the Jade as well as the Topaz prospects. Upgrades its internal geological chance of success over the Jade prospect to 65% from 41% and over the Topaz prospect to 47% from 35%. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - Says NH9 rig arrived on location at the Jade prospect at its Block 29/11 permit, offshore China. Says operations to anchor the rig have started and spudding of the LH 17-2-1 well is now expected to begin on or around April 10. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News: Read More
Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - For drilling the Jade well in Block 29/11 in China, the safety inspection at the China Oilfield Services Ltd-owned drill rig has been completed and the rig is cleared for mobilisation. Read More
Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - Receives conversion notice on 18.8 million shares at 8 pence per share, for GBP1.5 million, as part of convertible loan note agreement signed in late December. Still owes GBP1.5 million on convertible note, which matures on December 16, 2022, and was originally signed with a Melbourne-based lender for GBP4.0 million. Read More
(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News: Read More
IN BRIEF: Empyrean obtains injunction order against cyber-fraudster Read More
TRADING UPDATES: Harvest Minerals sales jump; Quartix earnings to rise Read More
IN BRIEF: Empyrean Energy continues focus on Jade block prospect Read More
IN BRIEF: Empyrean Energy raises GBP7.6 million by placing, loan notes Read More
TRADING UPDATES: Supply@ME lowers guidance; Manolete cuts payout Read More