Empyrean Share News (EME)

UK shareholder meetings calendar - next 7 days

UK shareholder meetings calendar - next 7 days

Empyrean losses widen after disappointment at Jade

(Sharecast News) - Empyrean Energy reported an operating loss of $7.71m in its final results on Friday, significantly widening from the $0.95m it recorded in 2021.

Empyrean Energy annual loss widens on impairment cost and cyber fraud

(Alliance News) - Empyrean Energy PLC on Friday reported its annual loss widening as impairment costs shot up amid a costly cyber fraud.

Coro Energy and Empyrean Energy "delighted" with Mako progress

(Alliance News) - Coro Energy PLC and Empyrean Energy PLC said Friday its partners on the Mako gas project in Indonesia have approved an updated plan of development.

Empyrean to move to next development phase at Topaz

(Sharecast News) - Oil and gas developer Empyrean Energy updated the market on the post-well analysis, and the second phase of exploration and drilling, at the Topaz prospect on its wholly-owned Block 29/11 permit, offshore China on Friday.

IN BRIEF: Empyrean Energy to start next phase at Topaz asset in China

Empyrean Energy PLC - Western Australia-based oil & gas explorer and producer with assets in China, Indonesia and US - Enters second phase of exploration and drilling at the Topaz prospect in offshore China. It says the second phase of exploration requires the firm to pay USD250,000 to its partner China National Offshore Oil Co.

IN BRIEF: Empyrean Energy raises GBP2.0 million to fund Topaz studies

Empyrean Energy PLC - Western Australia-based oil & gas explorer and producer with assets in China, Indonesia and US - Raises GBP1.8 million in placing of 121.8 million shares at 1.5 pence each. Will use funds to complete further post well analysis of Jade well, cover costs of drilling at Jade, as well as a "comphresenive oil migration study with China National Offshore Oil Co for potential oil charge to the Topaz prospect. It will also be used for general working capital.

TRADING UPDATES: Residential Secure Income acquires 39 new homes

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

AIM WINNERS & LOSERS: Empyrean recovers, HSS swings to annual profit

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

IN BRIEF: Empyrean Energy sinks as no oil found at Jade prospect

Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - Says the Jade prospect at its 100% owned Block 29/11 permit, offshore China, reached final total depth but logging indicated no oil pay in the target reservoir. "We are extremely disappointed with the results of the well, particularly after conducting a systematic and comprehensive technical analysis followed by running a safe drilling operation," says Chief Executive Tom Kelly.

AIM WINNERS & LOSERS: LoopUp jumps up; Empyrean Energy comes up dry

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

LONDON MARKET OPEN: Aveva weighs on FTSE 100 as Russia sours mood

(Alliance News) - Stocks in London early Wednesday followed a lousy session in the US overnight, with the FTSE 100 dragged down by steep losses for industrial software firm Aveva.

AIM WINNERS & LOSERS: Cake Box trading strong; Sensyne falls further

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

IN BRIEF: Empyrean Energy shares rise with drill results from Jade

Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - Says drilling operations at its LH 17-2-1 well at its Jade prospect, offshore China continue to run "smoothly". Adds that progress to date is on schedule. Confirms that the drilling results have validated the pre-drill interpretation of seismic data. This includes the presence of gas clouds over the Jade as well as the Topaz prospects. Upgrades its internal geological chance of success over the Jade prospect to 65% from 41% and over the Topaz prospect to 47% from 35%.