Empyrean has announced the award of the contract for the well site survey over the 225mmbbl Jade prospect to China Oilfield Services Limited (COSL). The award of the well site survey contract marks another important milestone for Empyrean as the Company moves towards the drilling of the Jade prospect in December 2021.
As explored in our previous report, exploration success at Jade would see our risked valuation of the Jade prospect increase from 9.9p to an estimated c41.8p, a c4.2x increase. Su ....
05 Oct 2021
Cenkos: Empyrean Energy Plc -- Well Site Survey Awarded
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Cenkos: Empyrean Energy Plc -- Well Site Survey Awarded
Empyrean Energy PLC (EME:LON) | 0.5 0 (-15.7%) | Mkt Cap: 5.83m
- Published:
05 Oct 2021 -
Author:
James McCormack -
Pages:
4
Empyrean has announced the award of the contract for the well site survey over the 225mmbbl Jade prospect to China Oilfield Services Limited (COSL). The award of the well site survey contract marks another important milestone for Empyrean as the Company moves towards the drilling of the Jade prospect in December 2021.
As explored in our previous report, exploration success at Jade would see our risked valuation of the Jade prospect increase from 9.9p to an estimated c41.8p, a c4.2x increase. Su ....