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| Share Name | Share Symbol | Market | Type | Share ISIN | Share Description |
|---|---|---|---|---|---|
| Empyrean Energy Plc | LSE:EME | London | Ordinary Share | GB00B09G2351 | ORD 0.2P |
| Price Change | % Change | Share Price | Bid Price | Offer Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
|---|---|---|---|---|---|---|---|---|---|---|
| 0.00 | 0.00% | 0.475 | 0.40 | 0.55 | 1,101,219 | 16:28:00 |
| Industry Sector | Turnover | Profit | EPS - Basic | PE Ratio | Market Cap |
|---|---|---|---|---|---|
| Oil And Gas Field Expl Svcs | 0 | -20.8M | -0.0211 | -0.22 | 4.63M |
From Apr 2019 to Apr 2024
By Alex MacDonald
LONDON--U.S. onshore oil and gas company Empyrean Energy PLC (EME.LN) said Thursday oil production from its flagship Sugarloaf AMI project in Texas, U.S. continued to rise in the fourth quarter last year compared with the previous quarter.
Empyrean said its share of Sugarloaf's output before royalties and costs was 166,572 barrels of oil equivalent for the three months ended Dec 31. 2014, up 39% compared with the previous quarter. Meanwhile, its share of the field's output after royalties and costs was 111,921 barrels of oil equivalent up 38% compared with the previous quarter.
Empyrean has a 3% interest in the project, which is operated by Marathon Oil Corp (MRO).
Empyrean said there were a total of 187 gross producing wells at Sugarloaf as of the end of December and 205 gross producing wells including 21 in the Austin Chalk as of the end of March.
-Write to Alex MacDonald at alex.macdonald@wsj.com
Subscribe to WSJ: http://online.wsj.com?mod=djnwires
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