Empyrean Energy PLC Borba Drilling Program (4564D)
2020年10月28日 - 4:14PM
RNSを含む英国規制内ニュース (英語)
TIDMEME
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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END
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October 28, 2020 03:14 ET (07:14 GMT)
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