Empyrean has released its interim results to September 2018, reporting a net profit of US$630k (H1/17 US$4.2m loss) and cash and cash equivalents as of the 30 September of US$230k (H1/17 US$4.6m). It's been a busy time for the Company as it looks to mature its existing portfolio. In China, the Company signed a Petroleum Sharing Contract (PSC) with CNOOC on Block 29/11 following positive results from its oil migration study and a 31% uplift in the best case gross prospective resources over the Ja ....
28 Dec 2018
Cenkos: Empyrean Energy Plc - Interim Results
Sign up to access
Get access to our full offering from over 30 providers
Get access to our full offering from over 30 providers
Cenkos: Empyrean Energy Plc - Interim Results
Empyrean Energy PLC (EME:LON) | 0.5 0 (-15.7%) | Mkt Cap: 5.83m
- Published:
28 Dec 2018 -
Author:
James McCormack -
Pages:
6
Empyrean has released its interim results to September 2018, reporting a net profit of US$630k (H1/17 US$4.2m loss) and cash and cash equivalents as of the 30 September of US$230k (H1/17 US$4.6m). It's been a busy time for the Company as it looks to mature its existing portfolio. In China, the Company signed a Petroleum Sharing Contract (PSC) with CNOOC on Block 29/11 following positive results from its oil migration study and a 31% uplift in the best case gross prospective resources over the Ja ....