Glantal Project

RNS Number : 2379L
Empyrean Energy PLC
04 May 2010
 



4th  May 2010

 

 

Empyrean Energy PLC

('Empyrean' or the 'Company', (EME))

 

Glantal Project, Germany

 

 

Empyrean Energy Plc advises that it does not intend to apply for an extension, nor new permit application, over the Neues Bergland Permit, covering the Glantal and Lautertal Prospects in Germany.

 

This decision has been made with the intention of focusing the company's efforts on its American assets. Recent results from the Texas based Sugarloaf Project, in particular, justify the decision to focus the company's resources in part on the development of this exciting Eagleford Shale and Austin Chalk discovery.

                                                                     

 

Contact:

 

Tom Kelly                     Empyrean Energy Plc                Tel: +618 93216988

 

Nominated Adviser and Broker:

 

Jerry Keen                    Astaire Securities Plc                Tel: +44 (0) 20 7448 4400

Shane Gallwey              Astaire Securities Plc                Tel: +44 (0) 20 7448 4400


This information is provided by RNS
The company news service from the London Stock Exchange
 
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