EME Stock Discussion
Empyrean Energy Plc Description
Empyrean Energy PLC is an oil and gas exploration and production company. The Company is involved in the exploration for, development and production of oil and gas properties in North America. The Company's segments include Oil and Gas Properties: Exploration and Evaluation, and Oil and Gas Properties: Development and Production. The Company's projects include Eagle Oil Pool Development, California, and Riverbend Project, Texas. The Eagle Oil Pool Development Project is located in the San Joaquin Basin, southern California. It is a proven oil and gas province, and has produced approximately 12 billion barrels and over 11 trillion cubic feet of gas. The project area covers approximately 4,300 acres. The project's primary target is the Gatchell Sand. The Riverbend Project Area is located in the Tyler and Jasper Counties. The Riverbend project area is also located south of the prolific Brookeland Field (Austin Chalk) and targets primarily the Austin Chalk and Saratoga Formation.
Industry: Oil & Gas E&P
Keywords: Energy Oil Gas Oil And Gas Valuation Economic Geology Gas Exploration Oil And Gas Exploration Evaluation Petroleum Geology California Hydrocarbon Exploration Oil Exploration Oil And Gas Properties Austin Chalk
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