Empyrean Energy Plc Tom Kelly CEO/ Director Frank Brophy Technical Director About Empyrean Energy Plc (EME): London based oil and gas company with advanced exploration and production assets in USA October 2012 Aggressive explorer…
Investment Highlights Growing Oil and Gas Producer and Explorer Proven track record of making discoveries Undervalued relative to two recent Sugarloaf Project working interest acquisitions by Empyreans Sugarloaf Project partners…
PROJECTS SUMMARY Sugarloaf Project (3-10.2%) Exciting success as development of new condensate/ gas discovery onshore Texas continues with Marathon Oil Company as operator Eagle Ford Shale is one of the most active onshore plays in…
Corporate Structure Capital Structure Board of Directors LSE: AIM EME CEO/ Exec Director Tom Kelly 12 month share price range: 4.62p 9.25p Technical Director Frank Brophy Shares in Issue: 216.3 million Non-Executive Chairman Patrick…
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Sugarloaf Project Sugarloaf is an Eagle Ford Shale play in south Texas 24,100 gross acres 726 net acres Empyrean has a 3%* WI across acreage with a higher interest in two wells Production commenced mid 2010 50 wells on…
Sugarloaf Project Marathon, an experienced operator/partner is committed to optimising drilling, completion and production processes A number of initiatives to increase production, recoveries and reserves are underway Closer well…
Sugarloaf Project Recent acquisitions of Sugarloaf Project working interests by Empyreans partners: Aurora Oil and Gas (ASX : AUT) has made two recent acquisitions: August 2012 Takeover of former partner Eureka Energy for AUD107…
Sugarloaf Project Central Facility Separate oil & water Treat oil to sales quality Oil storage Water storage Sales meters Gas processing Gas compression Expandable 10
Eagle Oil Project (California, USA) 48.5% working interest Valuable future project for the Company with large equity position Eagle North1 well: 13.4 metres net pay from a gross 21 metres in the vertical well in the target…
Appendix 1 Directors Patrick Cross: Non-Executive Chairman Dr Cross is experienced in corporate finance, organisation structures, marketing and joint venture operations. His previous positions include 25 years with British Petroleum…
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