Empyrean Energy Plc Provides An Operational Update On Duyung PSC

  • Empyrean Energy Plc (EME) has come up with an operational update for the forthcoming drilling operation in the Duyung PSC.The said well is situated in the West Natuna basin offshore Indonesia.
  • Pre-loading of gears mobilised from Singapore on 24th September 2019 and provisions for the two well programme has now finished, and drilling of the Tambak-2 well has begun.
  • The company is having 8.5 per cent interest in the well which is planned to over-all depth at around 595m underneath sea level.
  • On 4th October 2019, at the time of writing, GMT 11:51 AM, EME shares were trading at GBX 9.25, down by 0.15 points or 1.60 per cent against the previous day closing price.