LSE:EME
AIM All-Share
Empyrean Energy PLC
Oil, Gas and Coal
0.0425p -0.005p -10.53% (as of close on 10/12/25)
| Market cap (m) | £2.5 |
| Enterprise value (m) | £7.9 |
Empyrean Energy PLC is an oil and gas exploration and production company focused on energy resource projects in geopolitically stable regions. The company's operations include exploration, evaluation, development, and production of oil and gas properties. It holds interest in projects such as the Duyung Production Sharing Contract offshore Indonesia and other exploration ventures. The Company has three geographical segments, being Australia (Wilson River project), Indonesia (Duyung PSC project) and North America (Sacramento Basin project), which are all currently in the exploration and evaluation phase. It operates in Southeast Asia and has interests extending into other regions including the USA. Revenue is generated from the development and sale of oil and gas produced from its assets.
Last Updated: 21/11/2025
Empyrean said Conrad Asia Energy and West Natuna Exploration signed agreements with PT Nations Natuna Barat for a farm-down and funding at the Mako field in the Duyung PSC. Nations will acquire an interest and finance project development costs and working capital. Empyrean said this followed WNEL’s withdrawal notice and that the dispute process remains active; it will defend its position and reserves its rights.
Separately, Empyrean said it received a notice of election of remedy and forced withdrawal from WNEL during negotiations over disputed cash calls. It reported progress toward a verbal understanding, requested withdrawal of the notice, and said it may pursue arbitration to defend its stake. Discussions with WNEL continue on resolving the dispute and ongoing participation.
