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Borba Drilling Program

28 Oct 2020 07:14

RNS Number : 4564D
Empyrean Energy PLC
28 October 2020
 

 

28 October 2020

 

Empyrean Energy PLC / Index: AIM / Epic: EME / Sector: Oil & Gas

  

Empyrean Energy PLC ("Empyrean" or the "Company")

 

Borba Drilling Program

 

Empyrean Energy plc (EME: AIM) ("Empyrean"), the oil and gas development company with interests in China, Indonesia and the United States, advises that, with regard to the announcement made by Sacgasco Limited (ASX:SGC) ("Sacgasco") on the Australian Securities Exchange today, it has notified Sacgasco that Empyrean will not be participating in the proposed drilling of the Borba prospect in the Sacramento Basin, onshore California, under the current timeframes and terms currently proposed by Sacgasco.

 

Tom Kelly, Empyrean CEO commented "Whilst Empyrean views drilling the Borba prospect as being the logical next phase of exploration in the suite of JV projects in Sacramento, it has decided for the time being to focus its resources on its South East Asian assets."

**ENDS**

 

For further information:

 

Empyrean Energy plc

Tom Kelly

Tel: +61 6146 5325

Cenkos Securities plc (Nominated Advisor and Broker)

Neil McDonald

Tel: +44 (0) 131 220 9771

Pete Lynch

Tel: +44 (0) 131 220 9772

First Equity Limited (Joint Broker)

Jason Robertson

Tel: +44 (0) 20 7330 1883

 

 

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Date   Source Headline
21st May 20097:00 amRNSHolding(s) in Company
6th May 20097:45 amRNSSugarloaf Block A Update
5th May 200910:10 amRNSFarmout Arrangement Entered For Block B
28th Apr 20097:25 amRNSHolding(s) in Company
22nd Apr 20097:00 amRNSHolding(s) in Company
7th Apr 20097:00 amRNSHolding(s) in Company
31st Mar 20093:53 pmRNSSalary sacrifice and grant of options
25th Mar 20098:54 amRNSIssue of Equity
25th Mar 20097:00 amRNSHolding(s) in Company
24th Mar 20097:00 amRNSHolding(s) in Company
20th Mar 20097:00 amRNSPlacing to raise ?350,000
19th Mar 20097:00 amRNSIssue of Equity
18th Mar 20097:31 amRNSHolding(s) in Company
24th Feb 20097:00 amRNSSugarloaf Update Block A
18th Feb 20097:00 amRNSSugarloaf Block B Update
11th Feb 20097:24 amRNSSugarloaf Update Block B
4th Feb 20097:35 amRNSSugarloaf Block B Update
4th Feb 20097:00 amRNSHolding(s) in Company
28th Jan 20097:00 amRNSSugarloaf Update Block B
27th Jan 20097:08 amRNSHolding(s) in Company
21st Jan 20097:00 amRNSSugarloaf Block B Update
14th Jan 20097:00 amRNSSugarloaf Update Block B
12th Jan 20091:46 pmRNSChange of Registered Office
12th Jan 20097:00 amRNSSugarloaf Block A Update
9th Jan 20098:00 amRNSProject Update
17th Dec 20083:55 pmRNSIssue of Equity
12th Dec 200812:01 pmRNSInterim Results
10th Dec 20087:47 amRNSSugarloaf Update Block B
25th Nov 20087:03 amRNSIssue of Equity
13th Nov 20087:00 amRNSSugarloaf Update Block A
12th Nov 20087:58 amRNSSugarloaf Update Block B
11th Nov 20087:00 amRNSSugarloaf Update Block A
4th Nov 20087:47 amRNSSugarloaf Update Block B
3rd Nov 20087:00 amRNSSugarloaf Update Block B
3rd Nov 20087:00 amRNSHolding(s) in Company
31st Oct 20087:00 amRNSSugarloaf Update Block A
29th Oct 20087:00 amRNSSugarloaf Update Block B
28th Oct 20087:00 amRNSSugarloaf Update Block A
22nd Oct 20087:01 amRNSSugarloaf Update Block B
15th Oct 20087:09 amRNSSugarloaf Update Block B
8th Oct 20087:21 amRNSSugarloaf Update Block B
2nd Oct 20087:00 amRNSSugarloaf Update Block A
1st Oct 20087:00 amRNSSugarloaf Block B Update
24th Sep 20087:00 amRNSSugarloaf Update Block B
17th Sep 20087:00 amRNSSugarloaf Update Block B
11th Sep 20087:00 amRNSSugarloaf Update Block A
10th Sep 200810:59 amRNSHolding(s) in Company
10th Sep 20087:00 amRNSSugarloaf Update Block B
20th Aug 20087:00 amRNSAppointment of Finance Direct
20th Aug 20087:00 amRNSSugarloaf Block B Update

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