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Empyrean Energy ( (GB:EME) ) has issued an update.
Empyrean Energy PLC has announced that Chi Oil and Gas Pty Ltd, the operator of the Wilson River 1 well, has secured a Conduct and Compensation Agreement (CCA) with the station lease owners. This agreement is vital for granting land access needed to conduct surveys and carry out pre-drilling preparation activities for the Wilson River 1 well, marking a significant milestone in the drilling process.
More about Empyrean Energy
Empyrean Energy PLC is an oil and gas development company with interests in Australia, Indonesia, and the United States. The company operates within the oil and gas sector, focusing on the development and exploration of energy resources in these regions.
YTD Price Performance: 17.65%
Average Trading Volume: 46,792,112
Technical Sentiment Consensus Rating: Buy
Current Market Cap: £2.68M
See more data about EME stock on TipRanks’ Stock Analysis page.