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Duyung PSC Update

11 Nov 2025 11:42

RNS Number : 0907H
Empyrean Energy PLC
11 November 2025
 

 

11 November 2025

 

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

 

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

Duyung PSC Update

 

Empyrean Energy Plc ("Empyrean" or the "Company") notes that Conrad Asia Energy Ltd ("Conrad"), the operator of the Mako Gas Field ("Mako"), today placed its securities in trading halt on the Australian Securities Exchange ("ASX") pending an announcement to the market in relation to the completion of the proposed farm down of their 75% interest of the Duyung PSC, in which Empyrean holds an 8.5% interest.

 

Empyrean is not in a position to make any announcement on this matter at the current time but will provide an update to the AIM market as soon as possible.

 

For further information please visit www.empyreanenergy.com or contact the following:

 

Empyrean Energy plc

Tel: +61 (8) 6146 5325

Gaz Bisht/Jonathan Whyte

Cavendish Capital Markets Limited (Nominated Advisor and Broker)

Tel: +44 (0) 207 220 0500

Neil McDonald

Pearl Kellie

Novum Securities Limited (Joint Broker)

Tel: +44 (0) 207 399 9400

Colin Rowbury

 

 

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Date   Source Headline
16th Jan 20207:11 amRNSEmpyrean raises £420,000
24th Dec 20199:03 amRNSInterim Results
24th Dec 20199:00 amRNS£10m Equity Placement Facility secured
22nd Nov 20197:45 amRNSDuyung PSC, Operational Update - Tambak -1
13th Nov 20197:00 amRNSDuyung PSC, Operational Update - Tambak -1
4th Nov 20198:00 amRNSOperational Update - Tambak -1 Well Spud
25th Oct 20197:15 amRNSDuyung PSC, Operational Update
15th Oct 20197:00 amRNSDuyung PSC, Ops Update - Tambak-2 Well reaches TD
4th Oct 20198:00 amRNSDuyung PSC, Ops Update - Tambak 2 Well Spud
26th Sep 20197:00 amRNSEmpyrean raises £365,580 before costs
24th Sep 20197:00 amRNSDuyung PSC, Operational Update
18th Sep 201911:28 amRNSGrant of Options and PDMR Notification
10th Sep 201910:45 amRNSResult of AGM
10th Sep 20198:00 amRNSCompany Presentation
19th Aug 20197:00 amRNSDuyung PSC, Operational Update
16th Aug 201910:30 amRNSNotice of AGM & Posting of Annual Report
9th Aug 20199:55 amRNSFinal Results
9th Jul 20198:00 amRNSExercise of Options
15th May 20197:00 amRNSFurther Exploration Risk Mitigation on China Block
29th Apr 20197:00 amRNSMako Gas Field appraisal & drill programme
17th Apr 20197:00 amRNSFirst Completion of Reduction of Duyung Interest
11th Mar 20197:00 amRNSPlan of Development Approval for Mako Gas Field
11th Feb 20197:00 amRNSReduction of Interest in Duyung for Cash & Shares
21st Jan 20197:25 amRNSIndependent Resource Audit of Mako Gas Field
21st Dec 20188:48 amRNSInterim Results
6th Dec 201812:26 pmRNSHolding(s) in Company
16th Nov 20188:11 amRNSA £1 Million Placement
9th Nov 20187:30 amRNSIndependent Oil in-place Estimates for Block 29/11
4th Oct 20189:46 amRNSDirector/PDMR Shareholding
1st Oct 20188:40 amRNSPetroleum Contract for Block 29/11 signed
5th Sep 201812:20 pmRNSResult of Annual General Meeting
5th Sep 20189:38 amRNSCompany Presentation
5th Sep 20187:00 amRNSThird-party Independent STOIIP Audit, Block 29/11
30th Aug 20187:00 amRNSAlvares 1 Testing and Operations Update
13th Aug 20187:38 amRNSIRS Tax Refund
10th Aug 20187:00 amRNSPosting of Annual Report and Notice of AGM
6th Aug 20187:00 amRNSFinal Results
3rd Aug 20187:46 amRNSOperations Update from Mako Gas Discovery
17th Jul 20187:37 amRNSTax refunds totalling $1.3 million
18th Jun 20187:50 amRNSOil Migration Study Completed - Block 29/11
6th Jun 20187:00 amRNS31% Uplift in Prospective Resources in Block 29/11
23rd May 20187:00 amRNSCommercial gas flows at ~1,200 mcfpd from Dempsey
8th May 20187:00 amRNSCommercial Gas Flows From Dempsey
3rd May 20189:10 amRNSHoldings in Company
16th Apr 20187:25 amRNSDempsey Testing Update
12th Mar 20187:10 amRNSDempsey Testing Update
8th Mar 20187:15 amRNSDempsey Production Testing to Resume
20th Feb 20182:45 pmRNSExercise of Options
30th Jan 201810:45 amRNSGrant of Options and PDMR Notification
17th Jan 20187:00 amRNSProduction & Sales from Dempsey Well Commences

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