We could not find any results for:
Make sure your spelling is correct or try broadening your search.
Register for real-time alerts, custom portfolio, and market movers
| Share Name | Share Symbol | Market | Stock Type |
|---|---|---|---|
| Empyrean Energy Plc | EME | London | Ordinary Share |
| Price Change | Price Change % | Share Price | Last Trade
|
|
|---|---|---|---|---|
| -0.001 | -3.92% | 0.0245 | 16:25:58 |
| Open Price | Low Price | High Price | Close Price | Previous Close |
|---|---|---|---|---|
| 0.0255 | 0.0245 | 0.0255 | 0.0245 | 0.0255 |
| Industry Sector |
|---|
| OIL & GAS PRODUCERS |
| Top Posts |
|---|
Posted at 14/5/2025 18:16 by neilyb675 A bad day and obviously a bad result.I too took the hit on my 10 million shares. I fully knew the high risk nature of this play and for me was in this eyes wide open. Didn't get the result and for me like others I see no future for EME. The company played its last chance saloon card on Wilson. The 2nd placing now seems to me like EME doubled down on Wilson where perhaps others were not so keen....who knows. I feel for those who lost more than me. I was lucky to have traded a few times and so my losses were minimised somewhat. In the same circumstances and with the same story I would still have gone for it as I did, a) because I like to have some high risk stuff in my PF and b) because I was not betting everything on EME as I do have a decent sized diverse income focused PF. GLA |
Posted at 12/5/2025 08:36 by bs_spotted Neilyb67512 May '25 - 08:23 - 60042 of 600430 1 0 Very likely in my opinion. Remember all partners were keen to proceed. Lol. Means nothing. One partner has put nothing in from the start. Just seismic and geology stuff - so of course they're keen to see it through. Another partner has put in men and machinery that was otherwise lying idle. So they've got nothing to lose. The other partner- EME - is the ONLY one putting in any money. It may well come good, but don't be fooled by that statement. |
Posted at 25/4/2025 09:31 by blakieboy7 RNS RNS Number : 2328GEmpyrean Energy PLC25 April 2025 25 April 2025 This announcement contains inside information Empyrean Energy PLC / Index: AIM / Epic: EME / Sector: Oil & Gas Empyrean Energy PLC ('Empyrean' or 'the Company')DST operations to commence early May Empyrean Energy plc ("Empyrean" or the "Company"), the oil and gas development company with interests in Australia, Indonesia and the United States, is pleased to announce the following update on the Wilson River-1 well: The JV partners in The Wilson River-1 have all elected to participate in the upcoming Drill Stem Test (DST) operations previously advised in RNS dated 2 April 2025. Flooding in Queensland, Australia and in particular in the Eromanga region since drilling operations completed in late March have necessitated the JV to allow the drill pad and surrounding access tracks to dry and where necessary be remediated to ensure safety and complete access. DST operations are now due to commence in early May.Empyrean CEO, Tom Kelly, stated: "The testing program has been refined and equipment has been sourced. Whilst there have been some minor remedial work required due to the flooding, we are in good shape to commence testing in early May". The information contained in this announcement has been reviewed by Empyrean's Technical director, Gaz Bisht, who has over 35 years' experience as a hydrocarbon geologist and geoscientist. |
Posted at 20/4/2025 16:06 by jungmana Empyrean EnergyEmpyrean Energy PLC (EME) is an oil and gas exploration company listed on AIM, with key assets spanning Southeast Asia and the U.S. Its flagship project is a 8.5% interest in the Duyung PSC, which contains the Mako gas field-one of the largest undeveloped gas fields in the West Natuna Basin, offshore Indonesia. Mako represents a highly strategic asset with significant monetisation potential amid Southeast Asia's growing energy demand. In addition, the company has an interest in the Sacramento Basin in California and is actively exploring new onshore gas opportunities in the U.S.Recent developments in 2025 have centred around the Wilson River-1 well, a high-impact vertical oil exploration target located in Southwest Queensland, Australia. Following the execution of key land access and heritage agreements, Empyrean entered a definitive farm-in agreement, securing a 52.8% working interest in the well alongside Condor Energy (27.2%) and Chi Oil (20%). Drilling commenced on 14 March and reached total depth of 1,464m within six days. Preliminary quad combo logs indicate approximately 6 metres of potential gross oil-bearing zone in one of the main target formations. The well has been cased and suspended pending final petrophysical analysis to define the optimal testing and completion strategy. The project has been fully funded through two placings totalling £1.3 million, supported by strong director participation and a salary sacrifice arrangement to preserve working capital.Meanwhile, at the Duyung PSC, Empyrean and its partners reached a major milestone by signing revised gas sales arrangements with Indonesian authorities. This agreement paves the way for the long-anticipated Mako field development and potentially fast-tracks commercialisation, aligning with Indonesia's energy security goals. The revised GSA framework could unlock significant near-term value, and management is working toward a final investment decision (FID) once regulatory and partner approvals are finalised. With strong regional demand for gas and proximity to existing infrastructure, the Mako project remains the company's cornerstone long-term asset.Looking forward, Empyrean Energy is entering a crucial phase. The outcome of Wilson River-1 could materially impact short-term valuation, while progress on the Mako gas field will determine the company's medium-term growth. Investors should be aware of typical junior oil & gas risks-drilling outcomes, regulatory delays, and funding gaps-but also note the recent momentum across Empyrean's portfolio. With a diversified strategy, active operational program, and access to transformational gas assets, Empyrean presents a speculative yet intriguing opportunity in the junior energy sector as it seeks to deliver value through both exploration success and strategic gas monetisation in Asia and North America. |
Posted at 12/4/2025 22:30 by jungmana Empyrean EnergyEmpyrean Energy PLC (EME) is an oil and gas exploration company listed on AIM, with key assets spanning Southeast Asia and the U.S. Its flagship project is a 8.5% interest in the Duyung PSC, which contains the Mako gas field—one of the largest undeveloped gas fields in the West Natuna Basin, offshore Indonesia. Mako represents a highly strategic asset with significant monetisation potential amid Southeast Asia’s growing energy demand. In addition, the company has an interest in the Sacramento Basin in California and is actively exploring new onshore gas opportunities in the U.S. Recent developments in 2025 have centred around the Wilson River-1 well, a high-impact vertical oil exploration target located in Southwest Queensland, Australia. Following the execution of key land access and heritage agreements, Empyrean entered a definitive farm-in agreement, securing a 52.8% working interest in the well alongside Condor Energy (27.2%) and Chi Oil (20%). Drilling commenced on 14 March and reached total depth of 1,464m within six days. Preliminary quad combo logs indicate approximately 6 metres of potential gross oil-bearing zone in one of the main target formations. The well has been cased and suspended pending final petrophysical analysis to define the optimal testing and completion strategy. The project has been fully funded through two placings totalling £1.3 million, supported by strong director participation and a salary sacrifice arrangement to preserve working capital. Meanwhile, at the Duyung PSC, Empyrean and its partners reached a major milestone by signing revised gas sales arrangements with Indonesian authorities. This agreement paves the way for the long-anticipated Mako field development and potentially fast-tracks commercialisation, aligning with Indonesia’s energy security goals. The revised GSA framework could unlock significant near-term value, and management is working toward a final investment decision (FID) once regulatory and partner approvals are finalised. With strong regional demand for gas and proximity to existing infrastructure, the Mako project remains the company’s cornerstone long-term asset. Looking forward, Empyrean Energy is entering a crucial phase. The outcome of Wilson River-1 could materially impact short-term valuation, while progress on the Mako gas field will determine the company’s medium-term growth. Investors should be aware of typical junior oil & gas risks—drilling outcomes, regulatory delays, and funding gaps—but also note the recent momentum across Empyrean’s portfolio. With a diversified strategy, active operational program, and access to transformational gas assets, Empyrean presents a speculative yet intriguing opportunity in the junior energy sector as it seeks to deliver value through both exploration success and strategic gas monetisation in Asia and North America. |
Posted at 01/4/2025 09:52 by linz22 In other words:The well has been drilled to TD and the targeted formation was encountered, 6m of which could have potential for being oil bearing. Open hole was logged (with Quad Combo tool), thus, it will already be known to the company whether the zone of interest is a gusher, or not. 7" casing was subsequently set and cemented in the conventional manner, ie. an unnecessarily odd turn of phrase in referring to it as 'production casing'. The performance and producibility at other nearby wells is interesting but ultimately has no bearing on prospects at Wilson River-1. It is only the hydrocarbon saturation, porosity and permeability of the zone of interest in this well that matters right now. Another reminder: EME has a notorious history for spurious claims in pre-results RNSs, and for extraordinary market action thereafter, such as late reported, huge share transactions while large holders offload. Evidence for which may again have been apparent this week. Added to that, the recent appearance of aggressive, ramping posters on these forums, there are many alarm bells right now. EXTREME CAUTION should be exercised here in the meantime. NB. The investment is still in play here, while we await an official announcement on logging results (and hopefully a well testing program, rather than Plug & Abandon!), but the directors will already have a good idea for the potential of the 6m zone. Those voicing great conviction for success at Wilson River-1 should be putting their money where their mouths are by filling their boots at these prices, so good luck to all. I shall prudently abstain, however, and just hold what I have left... IMHO DYOR |
Posted at 30/3/2025 23:22 by jungmana Good highlight in sharetalk,Empyrean EnergyEmpyrean Energy PLC (EME) is an oil and gas exploration company listed on AIM, with key assets spanning Southeast Asia and the U.S. Its flagship project is a 8.5% interest in the Duyung PSC, which contains the Mako gas field-one of the largest undeveloped gas fields in the West Natuna Basin, offshore Indonesia. Mako represents a highly strategic asset with significant monetisation potential amid Southeast Asia's growing energy demand. In addition, the company has an interest in the Sacramento Basin in California and is actively exploring new onshore gas opportunities in the U.S.Recent developments in 2025 have centred around the Wilson River-1 well, a high-impact vertical oil exploration target located in Southwest Queensland, Australia. Following the execution of key land access and heritage agreements, Empyrean entered a definitive farm-in agreement, securing a 52.8% working interest in the well alongside Condor Energy (27.2%) and Chi Oil (20%). Drilling commenced on 14 March and reached total depth of 1,464m within six days. Preliminary quad combo logs indicate approximately 6 metres of potential gross oil-bearing zone in one of the main target formations. The well has been cased and suspended pending final petrophysical analysis to define the optimal testing and completion strategy. The project has been fully funded through two placings totalling £1.3 million, supported by strong director participation and a salary sacrifice arrangement to preserve working capital.Meanwhile, at the Duyung PSC, Empyrean and its partners reached a major milestone by signing revised gas sales arrangements with Indonesian authorities. This agreement paves the way for the long-anticipated Mako field development and potentially fast-tracks commercialisation, aligning with Indonesia's energy security goals. The revised GSA framework could unlock significant near-term value, and management is working toward a final investment decision (FID) once regulatory and partner approvals are finalised. With strong regional demand for gas and proximity to existing infrastructure, the Mako project remains the company's cornerstone long-term asset.Looking forward, Empyrean Energy is entering a crucial phase. The outcome of Wilson River-1 could materially impact short-term valuation, while progress on the Mako gas field will determine the company's medium-term growth. Investors should be aware of typical junior oil & gas risks-drilling outcomes, regulatory delays, and funding gaps-but also note the recent momentum across Empyrean's portfolio. With a diversified strategy, active operational program, and access to transformational gas assets, Empyrean presents a speculative yet intriguing opportunity in the junior energy sector as it seeks to deliver value through both exploration success and strategic gas monetisation in Asia and North America.Https://www. |
Posted at 26/3/2025 15:36 by mrblobbythe2nd The bashers working the board are here for a reason, they are seeking out weak holders hoping they will sell so their chums can bag the real cash when EME expand on their discovery down the line.If anyone cares to read the JV partners Linkedin page you will see the comments from industry players concerning the success of nearby companies, in other words EME may be in the middle of a new oil field with options to drill more wells in due course. Remember 2D and 3 D seismic dater has been conducted (at cost) on this location, there is a reason for that, also remember EME INCREASED their stake in the well so what do they know internally. Do not fall for the bashers nonsense, hold onto your shares and make it harder for the big boys to get a meaningful slice. .20p will soon be broken make no mistake and then as news approaches it will go higher still. DYOR etc. |
Posted at 26/3/2025 07:22 by saad112 There were some excellent posts yesterday , including this one by Mako on lse:Now the excitement of the trading day is finally over I am trying to get my head around the Mako Gas Project in Indonesia that EME has an 8.5% interest. In the last Mako RNS these 2 statements seem key: ' As a result of the MEMR Directive, Conrad is working to finalise a Gas Sales Agreement ("GSA") with PLN. Conrad is coordinating closely with PLN and SKK Migas (the upstream regulator), who collectively have targeted that a GSA with PLN will be finalised during March 2025 and be signed in the coming weeks.' 'In parallel, Conrad have advised that negotiations on the sale/ farmout of some of Conrad's Participating Interest ("Pl") in Duyung PSC are advancing, in light of the revised contract arrangements. Empyrean has tag along/ drag along rights that enable participation in any sale/ farmout on pro-rata terms.' So if the GSA with PLN is finalised and signed in the next few weeks and Conrad Asia are planning to sell some of their interest, how much can EME expect to receive as part of the deal? The figure of £30m has been mentioned but is that accurate? Would EME potentially use that windfall to finance the Wilson River project if it was proved to be profitable? |
Posted at 25/3/2025 23:59 by themachine2 Another excellent post on LSE by Mako:Now the excitement of the trading day is finally over I am trying to get my head around the Mako Gas Project in Indonesia that EME has an 8.5% interest. In the last Mako RNS these 2 statements seem key: ' As a result of the MEMR Directive, Conrad is working to finalise a Gas Sales Agreement ("GSA") with PLN. Conrad is coordinating closely with PLN and SKK Migas (the upstream regulator), who collectively have targeted that a GSA with PLN will be finalised during March 2025 and be signed in the coming weeks.' 'In parallel, Conrad have advised that negotiations on the sale/ farmout of some of Conrad's Participating Interest ("Pl") in Duyung PSC are advancing, in light of the revised contract arrangements. Empyrean has tag along/ drag along rights that enable participation in any sale/ farmout on pro-rata terms.' So if the GSA with PLN is finalised and signed in the next few weeks and Conrad Asia are planning to sell some of their interest, how much can EME expect to receive as part of the deal? The figure of £30m has been mentioned but is that accurate? Would EME potentially use that windfall to finance the Wilson River project if it was proved to be profitable? |
It looks like you are not logged in. Click the button below to log in and keep track of your recent history.
Support: +44 (0) 203 8794 460 | support@advfn.com
By accessing the services available at ADVFN you are agreeing to be bound by ADVFN's Terms & Conditions
Hot Features
Premium
