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IN BRIEF: Empyrean Narrows Interim Loss Despite Covid-19 "Challenges"

Tue, 22nd Dec 2020 15:48

Empyrean Energy PLC - oil and gas explorer with interests in China, Indonesia and US - Pretax loss in six months to September 30 slims annually to USD447,000 from USD461,000. Like in year prior, posts no revenue. "Set against the challenges of the Covid-19 pandemic, Empyrean continued to make steady progress on its portfolio of exploration projects, primarily in China and Indonesia, during the half year period to 30 September 2020," company says.

Current stock price: 6.38 pence, up 9.1% on Tuesday

Year-to-date change: down 23%

By Eric Cunha; ericcunha@alliancenews.com

Copyright 2020 Alliance News Limited. All Rights Reserved.

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