Empyrean Energy ( (GB:EME) ) just unveiled an announcement.
Empyrean Energy PLC announced that its joint venture partners have decided to conduct a Drill Stem Test (DST) on a potential oil zone in the Wilson River-1 well. The testing is scheduled to begin in late April, with further analysis and potential extended production tests to follow, indicating a strategic move to enhance their operational capabilities and market positioning.
More about Empyrean Energy
Empyrean Energy PLC is an oil and gas development company with interests in Australia, Indonesia, and the United States. It operates in the oil and gas sector, focusing on exploration and development activities.
YTD Price Performance: 40.0%
Average Trading Volume: 183,398,939
Technical Sentiment Signal: Buy
Current Market Cap: £4.58M
For detailed information about EME stock, go to TipRanks’ Stock Analysis page.