News blog
Empyrean Energy
- BY: Andrew Hore |
- POSTED: 11/02/2008 |
Oil and gas explorer and producer Empyrean Energy’s Ruan 1 well on its Bondi prospect proved unsuccessful.
The well only showed minor amounts of gas and has been abandoned.
In January Empyrean said that there were significant gas shows at the TCEI JV Block A-3 well on the Sugarloaf prospect in Texas. This could be a significant development.
The shares dipped 0.5p to 26p.
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