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Pin to quick picksEmpyrean Share News (EME)

Share Price Information for Empyrean (EME)

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Share Price: 0.415
Bid: 0.374
Ask: 0.449
Change: 0.00 (0.00%)
Spread: 0.075 (20.053%)
Open: 0.415
High: 0.00
Low: 0.00
Prev. Close: 0.415
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Small caps round-up: Oilex, Bellzone, Bond Int'l...

Mon, 06th Sep 2010 16:20

Shares in Oilex almost tripled on Monday after the oil and gas explorer announced a "significant" upgrade to its gas for the Cambay field in Gujarat, India.Following a nine-month drill programme of studies, it now believes the field holds 248bn cubic feet (BCF) of gas and 11m barrels (MMbbls) of condensate with a 90% probability of being produced.The company, which has a 45% stake in the project, watched its shares trade at 21.5p each after closing at just 8p on Friday. "The studies indicate a very good correlation between the Cambay Eocene reservoirs and the Eagle Ford and Haynesville reservoirs, two of the most prolific "tight/shale gas" plays in North America," the company said.Iron ore explorer Bellzone Mining has increase and upgraded the magnetite JORC resource on eth central zone of the Kalia I deposit in Guinea, West Africa, to 2.4bn tonnes to 3.74bn tonnes."These results from the magnetite extension and upgrade clearly demonstrates this resource on Kalia I has more than sufficient iron ore to support the Company's current development plans for the next 60 years and clearly indicates the considerable potential for increasing production and mine life from other sections of the strike," said managing director Nik Zuks.Recruitment software provider Bond International is sharply lower after warning that revenues for the first six months of the year fell 11% on 2009 as it sold less software than expected. Bosses are cutting costs and are "very optimistic" about the prospects for signing new business between now and the end of the year. If things continued as they were, the group would fall short of expectations, they said.The firm believes results for the six months to 30 June, due on or before 24 September, will reveal turnover of not less than £15.1m and a loss before tax of £0.68m. Empyrean Energy has inched higher on news that the construction of the pipeline to connect the BP America A-740 well at the Hercules prospect, onshore Texas, to the nearby sales pipeline has been completed.The well, in which Empyrean has a 10% working interest, was turned on to sales at the weekend and achieved achieve a gas rate of 210,000 cubic feet of gas per day. It will be walked up to a stable production rate."Empyrean expects that as revenue kicks in from its interest in the Sugarloaf Project and the Hercules Project over the coming months the outlook for the company will dramatically improve," said executive director Tom Kelly.Environmental plastics and waste-to-value group Symphony Environmental Technologies is down despite interim results that showed revenue rose 6% to £3.9m and pre-tax profit edged ahead to £0.42m.
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3 Apr 2024 10:59

TRADING UPDATES: Quiz sales fall, names new CEO; Byotrol eyes AIM exit

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

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23 Feb 2024 10:31

AIM WINNERS & LOSERS: Hornby rises as Frasers snaps up stake

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Friday.

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23 Feb 2024 09:26

Empyrean and Coro rise on Mako field gas price and volume allocation

(Alliance News) - Empyrean Energy PLC and Coro Energy PLC both noted on Friday the receipt of approval for the gas price and volume allocation for the Mako field project in Duyung from the Indonesian Minister of Energy & Natural Resources.

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23 Feb 2024 08:47

LONDON MARKET OPEN: Stocks mixed; StanChart drives FTSE 100 higher

(Alliance News) - Stock prices in London opened mixed on Friday, with the FTSE 100 lifted by well-received results from Standard Chartered.

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14 Feb 2024 10:52

AIM WINNERS & LOSERS: Bradda Head jumps; Nichols up on Panmure's 'buy'

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Wednesday.

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13 Feb 2024 09:53

IN BRIEF: Empyrean up after fundraise for Chinese, Indonesian projects

Empyrean Energy PLC - Subiaco, Australia-based oil and gas developer with projects in China, Indonesia and the US - Raises GBP700,000 through the placing of 280.0 million new shares at a price of 0.25p each. Those subscribed to the placing will also receive one warrant, exercisable at 0.5p for every two placing shares subscribed for. The issue price of 0.25p represents a 21% discount to Empyrean's Monday closing share price of 0.315p, and a 27% discount to the volume weighted average price of 0.343p for the ten-days prior.

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13 Feb 2024 08:05

Empyrean raises £700k through share placing

(Sharecast News) - Oil and gas development company Empyrean has raised £700,000 through a placing of 280.0m new ordinary shares at a price of 0.25p each.

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31 Jan 2024 12:30

EARNINGS AND TRADING: Symphony Environmental plummets on EU judgement

(Alliance News) - The following is a round-up of earnings and trading updates for London-listed companies, issued on Wednesday and not separately reported by Alliance News:

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20 Sep 2023 15:50

UK shareholder meetings calendar - next 7 days

Thursday 21 September 
Artemis Alpha Trust PLCAGM
Ascent Resources PLCGM re audited annual accounts
Gore Street Energy Storage Fund PLCAGM
Intercede Group PLCAGM
Kainos Group PLCAGM
Kore Potash PLCGM re capital raise
Liontrust Asset Management PLCAGM
Mercia Asset Management PLCAGM
Molecular Energies PLCAGM
Oberon Investments Group PLCAGM
Pelatro PLCGM re AIM cancellation
Sosandar PLCAGM
Thruvision Group PLCAGM
Trakm8 Holdings PLCAGM
Van Elle Holdings PLCAGM
Friday 22 September 
Argos Resources LtdGM re members voluntary liquidation
B&M European Value Retail SAGM re appointing Lasry as director
Faron Pharmaceuticals LtdEGM re election of new board members
Stranger Holdings PLCAGM
SysGroup PLCAGM
TI Fluid Systems PLCGM re waiver resolution
Odyssean Investment Trust PLCAGM
Monday 25 September 
Amte Power PLCGM re share issue to raise GBP2m
Ondo InsurTech PLCAGM
ThomasLloyd Energy Impact Trust PLCGM re appointment of new directors
Tuesday 26 September 
BSF Enterprise PLCGM re placing, subscription and broker warrants
Cohort PLCAGM
Ediston Property Investment Co PLCGM re disposal of the property portfolio
Fulcrum Utility Services LtdGM re AIM cancellation
James Cropper PLCAGM
Knights Group Holdings PLCAGM
Miton UK MicroCap Trust PLCAGM
Mycelx Technologies CorpAGM
Orient Telecoms PLCAGM
Redde Northgate PLCAGM
Saietta Group PLCAGM
Scholium Group PLCAGM
SulNOx Group PLCAGM
Supreme PLCAGM
Tern PLCGM re management changes
Wednesday 27 September 
4Global PLCAGM
abrdn New India Investment Trust PLCAGM
Amigo Holdings PLCAGM
AO World PLCAGM
Baltic Classifieds Group PLCAGM
Coral Products PLCAGM
EDX Medical Group PLCAGM
Empyrean Energy PLCAGM
First Property Group PLCAGM
Pharma C Investments PLCGM re executive changes
Riverstone Energy LtdEGM re tender offer
Samarkand Group PLCAGM
System1 Group PLCAGM
Schroder Real Estate Investment Trust LtdAGM
Voyager Life PLCAGM
  
Copyright 2023 Alliance News Ltd. All Rights Reserved.

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12 Sep 2023 11:28

Empyrean Energy hails agreed key terms at Duyung in Indonesia

(Alliance News) - Empyrean Energy PLC on Tuesday said that key terms for a long-term gas sales agreement have been agreed for a production sharing contract in which it has an interest.

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1 Sep 2023 14:38

Empyrean annual loss widens as Jade disappointment hits hard

(Alliance News) - Empyrean Energy PLC on Friday said its loss ballooned to nearly USD21 million after its Jade drilling programme ended in failure, but is pressing ahead with work at the "robust" Topaz prospect.

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30 May 2023 10:47

Empyrean shares fall on GBP1.5 million share subscription at discount

(Alliance News) - Empyrean Energy PLC on Tuesday saw its shares fall, after the firm completed a share placement at a discount to its closing price on Friday.

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2 May 2023 12:16

Empyrean expects Mako gas sales deal to complete in second quarter

(Alliance News) - Empyrean Energy PLC on Tuesday said the key terms of the negotiations towards agreeing a sales deal for the Mako gas field development in Indonesia are expected to be finalised during the second quarter of 2023.

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20 Dec 2022 12:11

IN BRIEF: Empyrean Energy shares down on widened interim loss

Empyrean Energy PLC - Western Australia-based oil & gas explorer and producer with assets in China, Indonesia and US - Posts pretax loss of USD24.1 million in the half-year ended September 30, widened significantly from just USD452,000 a year before. Total administrative expenses surge to USD22.2 million from USD429,000. No revenue is recorded in either year.

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20 Dec 2022 11:09

AIM WINNERS & LOSERS: Velocity Composites inks USD100 million contract

(Alliance News) - The following stocks are the leading risers and fallers on AIM in London on Tuesday.

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