REG - Empyrean Energy PLC - DST operations to commence early May

Empyrean EnergyAnnouncement

25/04/2025 09:30

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RNS Number : 2328G  Empyrean Energy PLC  25 April 2025

25 April 2025

 

This announcement contains inside information

 

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

 

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

DST operations to commence early May

 

Empyrean Energy plc ("Empyrean" or the "Company"), the oil and gas development
company with interests in Australia, Indonesia and the United States, is
pleased to announce the following update on the Wilson River-1 well:

 

The JV partners in The Wilson River-1 have all elected to participate in the
upcoming Drill Stem Test (DST) operations previously advised in RNS dated 2
April 2025.

 

Flooding in Queensland, Australia and in particular in the Eromanga region
since drilling operations completed in late March have necessitated the JV to
allow the drill pad and surrounding access tracks to dry and where necessary
be remediated to ensure safety and complete access.

 

DST operations are now due to commence in early May.

                Empyrean CEO, Tom Kelly, stated: "The testing
program has been refined and equipment has been sourced. Whilst there have
been some minor remedial work required due to the flooding, we are in good
shape to commence testing in early May".

 

The information contained in this announcement has been reviewed by Empyrean's
Technical director, Gaz Bisht, who has over 35 years' experience as a
hydrocarbon geologist and geoscientist.

 

For further information please visit www.empyreanenergy.com
(http://www.empyreanenergy.com/)  or contact the following:

 

 Empyrean Energy plc                                               Tel: +61 (8) 6146 5325
 Tom Kelly

 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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