REG - Empyrean Energy PLC - Wilson River-1 well update

Empyrean EnergyAnnouncement

17/02/2025 10:00

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RNS Number : 3609X  Empyrean Energy PLC  17 February 2025

 

17 February 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 well update

 

Empyrean Energy plc ("Empyrean" or the "Company"), the oil and gas development
company with interests in Australia, Indonesia and the United States, has been
advised by Chi Oil and Gas Pty Ltd ("Chi Oil"), as operator of the Wilson
River -1 well, that the cultural heritage survey has been completed for the
drill location.

 

The cultural heritage survey was completed and confirmed that the designated
drill location area for the Wilson River-1 well had no cultural heritage
features previously registered or identified.

 

Subsequent to the survey being completed, site works to remediate existing
access tracks and clear the drilling pad area have commenced.

 

Empyrean CEO, Tom Kelly commented, "With the necessary land access agreement
complete and the cultural heritage survey done, we are commencing drill site
clearing and preparations are on track for drilling to commence in March,
subject only to receipt of final drilling approvals and weather. We look
forward to providing further updates as we progress preparations to drill."

 

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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