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Empyrean Energy PLC (EME)

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Monday 13 August, 2018

Empyrean Energy PLC

IRS Tax Refund

RNS Number : 5756X
Empyrean Energy PLC
13 August 2018
 

This announcement contains inside information

 

Empyrean Energy PLC / Index: AIM / Epic: EME / Sector: Oil & Gas

 

13 August 2018

 

Empyrean Energy PLC ('Empyrean' or 'the Company')

 

US Tax Refund received

 

Empyrean Energy plc, the oil and gas development company with interests in China, Indonesia and the United States, advises that it has received the cash refund from the United States Internal Revenue Service ("IRS") totaling US$905,805 (the "US Tax Refund"). The US Tax Refund, through the application of 31 March 2017 taxable year losses, represents a full refund of tax paid in the US during the 1 April 2016 - 31 March 2017 taxable year.

 

The proceeds from US Tax Refund will assist the Company's ongoing working capital requirements.

 

**ENDS**

Empyrean Energy plc

Tom Kelly                                                                                                        Tel: +61 8 9380 9920

Cenkos Securities plc

Neil McDonald                                                                                               Tel: +44 (0) 131 220 9771

Beth McKiernan                                                                                             Tel: +44 (0) 131 220 9778

St Brides Partners Ltd

Lottie Wadham                                                                                              Tel: +44 (0) 20 7236 1177

Frank Buhagiar                                                                                               Tel: +44 (0) 20 7236 1177

 

 

 


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