REG - Empyrean Energy PLC - Wilson River-1 drill preparations update

Empyrean EnergyAnnouncement

11/03/2025 07:15

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RNS Number : 1617A  Empyrean Energy PLC  11 March 2025

 

11 March 2025

This announcement contains inside information

 

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

 

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

Wilson River-1 drill preparations update

 

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 that it has received notice from its joint venture
partner, Condor Energy Services Ltd ("Condor"), that the rig package arrived
on location and rig up for the Wilson River - 1 well has commenced.

 

Completion of the rig up and testing is expected this week, with the Wilson
River-1 well anticipated to spud during the coming weekend on Saturday 15(th)
or Sunday 16(th) March.

 

A further update will be provided once the well spuds.

 

Empyrean CEO, Tom Kelly commented, "Condor Energy Services has done a great
job with preparations to drill the Wilson River-1 well. Empyrean would like to
thank the team at Condor for the safe, efficient and professional way in which
they have coordinated all aspects of the drill preparation so far. We look
forward to updating investors as the progress on the well continues."

 

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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