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Empyrean Energy Receives Full Tax Refund For 2017 From US IRS

Mon, 13th Aug 2018 12:34

LONDON (Alliance News) - Empyrean Energy PLC said Monday that it received a USD905,805 cash refund from the US Internal Revenue Service.

The refund, represents a full refund of tax paid in the year to March 31, 2017, the oil & gas development company said.

"The proceeds from US tax refund will assist the company's ongoing working capital requirements," Empyrean added.

Empyrean shares were trading down 0.4% at 6.62 pence each.

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