Wednesday 25 September 2019

Empyrean Energy Plc, the oil and gas development company with interests in China, Indonesia and the United States, provided an operational update in relation to the upcoming drilling campaign at the Duyung PSC in the West Natuna basin, offshore Indonesia, in which Empyrean holds an 8.5% interest.

Empyrean has been advised that the Asian Endeavour-1 jack up rig, owned by China Oilfield Services Limited ("COSL"), has mobilised from Singapore and is now en-route to the location for the first well in the drilling campaign. Drilling operations are expected to commence on time and a further announcement will be made when rigging up is complete and drilling operations commence.

The campaign will comprise of two wells, an appraisal well designed to primarily appraise the intra-Muda sandstone reservoir (Mako gas field discovery) in the southern area of the Mako field and an exploration well designed to test the Tambak prospect beneath the central area of the Mako gas field, after appraising the Mako gas field at that location. For further information on the drilling campaign, refer to Empyrean's announcement made on 19 August 2019.

The information contained in this announcement has been reviewed by Empyrean's Execuve Technical director, Gaz Bisht, who has over 29 years' experience as a hydrocarbon geologist and geoscientist.