01/08/2008
Empyrean Energy reports encouraging gas shows from its Sugarloaf Block A well in Texas.
According to the AIM-quoted company, electric logs show an ‘encouraging’ interval of some 300 feet of gas shows at depths of between 12,400 and 12,700 feet. The London-based Empyrean says maximum gas readings recorded were more than 25 times the average background gas readings.
Floated at 35p three years ago, Empyrean shares hit 164.5p in 2006 before collapsing to 17.5p last April. They have now perked up to 34.5p, valuing the company at £20.5 million.
Growth Company Investor is the UK’s leading authority on small-cap and AIM companies. You can gain immediate access to all the recent share recommendations with no obligation, with a free 30-day trial. Click here to join today.
Related Articles:
|
| 16/05/2008
|
| 15/05/2008
|
| 15/05/2008
|
| 12/05/2008
|
| 11/04/2008
|
People who read this article also read ...
|
| 01/08/2008
|
| 01/08/2008
|
| 01/08/2008
|
| 31/07/2008
|
| 31/07/2008
|
| AIM | £9.97m |
16.75p
|
-0.25p
|
|
| Other company articles: |
| 01/08/2008 |
| 28/05/2008 |
| 28/04/2008 |
| 14/04/2008 |
| 11/01/2008 |
Agency Commercial Mortgage Info
Get Info on Agency Commercial Mortgage from 12 engines in 1.
Agency Commercial Mortgage
We present absolutely free financial information and a superior financial search system.
Agency Commercial Mortgage
Looking for Agency Commercial Mortgage? Search over 15,000 sites with one click. Your source for everything under the sun.
