Empyrean Energy (EME)

Sector:

Energy Producers

Index:

FTSE AIM All-Share

0.40p
   
  • Change Today:
      0.029p
  • 52 Week High: 1.23
  • 52 Week Low: 0.32
  • Currency: UK Pounds
  • Shares Issued: 1,280.80m
  • Volume: 1,332,692
  • Market Cap: £5.12m
  • RiskGrade: 293

Empyrean Energy on track for completing flow-testing at California based Dempsey 1-15 well

By Ikaba Koyi

Date: Wednesday 01 Nov 2017

LONDON (ShareCast) - (ShareCast News) - Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, said it has been informed by Sacgasco Limited, the operator of the Dempsey 1-15 well in the Sacramento Basin, onshore California,that preparations for completing and flow-testing the Dempsey 1-15 well are continuing as planned.
In particular, Empyrean CEO Tom Kelly highlighted the significant gas shows during drilling at the well thus far.

"With significant gas shows observed whilst drilling we are eager for the completion of the Dempsey well. Sacgasco has been putting all the necessary preparations in place for the upcoming testing operations including the stringent testing of the equipment to ensure a safe operation.

"The gas meter station at the Dempsey well which is owned by the JV is ready for gas flows to allow any commercial discovery to be fast tracked into production and sales, and we look forward to providing the market further information as testing unfolds."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

Empyrean Energy Market Data

Currency UK Pounds
Share Price 0.40p
Change Today 0.029p
% Change 7.82 %
52 Week High 1.23
52 Week Low 0.32
Volume 1,332,692
Shares Issued 1,280.80m
Market Cap £5.12m
RiskGrade 293

Empyrean Energy Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
48.54% below the market average48.54% below the market average48.54% below the market average48.54% below the market average48.54% below the market average
17.33% below the sector average17.33% below the sector average17.33% below the sector average17.33% below the sector average17.33% below the sector average
Price Trend
88.88% below the market average88.88% below the market average88.88% below the market average88.88% below the market average88.88% below the market average
75% below the sector average75% below the sector average75% below the sector average75% below the sector average75% below the sector average
Income Not Available
Growth Not Available

Empyrean Energy Dividends

No dividends found

Trades for 17-May-2024

Time Volume / Share Price
15:59 16,000 @ 0.36p
15:52 12,254 @ 0.41p
15:52 1,038,961 @ 0.39p
12:08 258,732 @ 0.39p
08:08 6,745 @ 0.35p

Empyrean Energy Key Personnel

CEO Thomas Kelly
Finance Director John Laycock

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