Empyrean Energy PLC
LSE:EME
Empyrean Energy PLC
Empyrean Energy Plc is an oil and gas exploration and production company, which engages in the acquisition and development of its exploration projects. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2005-07-27. The firm operates through three projects: Block 29/11 project, Duyung PSC project and Sacramento Basin project. Its Block 29/11 project is located in the prolific Pearl River Mouth Basin, offshore China, and approximately 200 kilometers Southeast of Hong Kong. The company includes Jade, Topaz, and Pearl prospects. Its Duyung PSC project covers an offshore permit of approximately 1,100 square kilometers in the prolific West Natuna Basin. The firm's Mako shallow gas is verified under 2C and 3C gas resource that is between 430-650 billions of cubic feet (Bcf). Its Sacramento Basin project includes Dempsey and Alvares prospects in the Northern Sacramento Basin, onshore California. Its exploration well, Dempsey 1-15, commenced production and sale of gas into the pipeline at an approximate rate of 1,300 thousand cubic feet (mcf) per day from combined zones in Kione Sandstone and deeper cretaceous zones.
Empyrean Energy Plc is an oil and gas exploration and production company, which engages in the acquisition and development of its exploration projects. The company is headquartered in Subiaco, Western Australia. The company went IPO on 2005-07-27. The firm operates through three projects: Block 29/11 project, Duyung PSC project and Sacramento Basin project. Its Block 29/11 project is located in the prolific Pearl River Mouth Basin, offshore China, and approximately 200 kilometers Southeast of Hong Kong. The company includes Jade, Topaz, and Pearl prospects. Its Duyung PSC project covers an offshore permit of approximately 1,100 square kilometers in the prolific West Natuna Basin. The firm's Mako shallow gas is verified under 2C and 3C gas resource that is between 430-650 billions of cubic feet (Bcf). Its Sacramento Basin project includes Dempsey and Alvares prospects in the Northern Sacramento Basin, onshore California. Its exploration well, Dempsey 1-15, commenced production and sale of gas into the pipeline at an approximate rate of 1,300 thousand cubic feet (mcf) per day from combined zones in Kione Sandstone and deeper cretaceous zones.
