Jump to:

Empyrean Energy Fundamentals

Company Name Empyrean Energy Last Updated 18 Mar 2019
Industry Oil & Gas Sector Oil & Gas Producers
Shares in Issue (m) 424.28 Market Cap (£m) 38.19
PE Ratio -130.44 Div per Share (p) 0.00
Div Yield 0.00 Div Cover 0.00
EPS -0.07 EPS Growth (%) 98.48
PEG -1.32 DPS Growth (%) n/a
Debt Ratio 0.00 Debt Equity Ratio 0.00
Net Gearing 20.38 Gross Gearing 23.54
Asset Equity Ratio 1.31 Cash Equity Ratio 4.13
Quick Ratio 0.65 Current Ratio 0.65
Price To Book Value 4.07 ROCE -37.27

Empyrean Energy Dividends

Type Ex-Date Pay Date Currency Net Dividend Year Total

Empyrean Energy Company Financials

Assets (£m) 2018 2017 2016
Tangible Assets 0 0 0
Intangible Assets 8 0 7
Investments 3 0 0
Total Fixed Assets 10 0 7
Stocks 0 0 0
Debtors 0 0 17
Cash & Equivalents 0 6 17
Other Assets 1 1 0
Total Assets 12 7 42
Liabilities (£m) 2018 2017 2016
Creditors within 1 year 3 3 4
Creditors after 1 year 0 0 1
Other Liabilities 0 0 0
Total Liabilities 3 3 5
Net assets 9 5 37
Equity (£m) 2018 2017 2016
Called up share capital 1 1 1
Share Premium 25 18 40
Profit / Loss -4 -13 -5
Other Equity 0 2 3
Preference & Minorities 0 0 0
Total Capital Employed 9 5 37
Ratios 2018 2017 2016
Debt Ratio 0.00 0.00 3.82
Debt-to-Equity 0.00 0.00 0.28
Net Gearing 20.38 -46.48 -29.31
Gross Gearing 23.54 35.93 12.39
Assets / Equity 1.31 1.56 1.14
Cash / Equity 4.13 128.63 47.60
EPS -0.07 -4.62 2.99
Cash Flow (£m) 2018 2017 2016
Cash from operating activities -1 -3 6
Cashflow before financing -11 13 37
Increase in Cash -6 -8 13
Income (£m) 2018 2017 2016
Turnover 0 0 0
Cost of sales 0 7 0
Gross Profit -0 -7 -0
Operating Profit -1 -10 -1
Pre-Tax profit -4 -13 -5
Profit / Loss for the year 1 1 1

Empyrean Energy Company Background

Sector Oil & Gas Producers
Activities Empyrean Energy plc is a London AIM listed oil and gas explorer with three potentially high impact new projects. Empyrean has a 1800km2 offshore oil permit located in the Pearl River Mouth Basin, China where it has completed 3D seismic Q2, 2017 to further mature two large oil prospects, Jade and Topaz. Processing and interpretation is underway and preliminary internal interpretation of the raw seismic data has confirmed the structural validity of the Jade and Topaz prospects and also identified a third significant target named Pearl, which is located north of Topaz. The permit is directly South East of the billion barrel+ Liuhua Oil Field operated by CNOOC and two recent discoveries to the permits West and South further enhance the merit of Jade and Topaz. Empyrean is operator and holds 100% of the exploration rights through to commercial discovery where CNOOC have a back-in right to 51%. Empyrean also has a 10% interest in West Natuna Exploration Limited that holds 100% of the Duyung PSC in offshore Indonesia and is targeting the Mako Shallow Gas Discovery that has an independently verified 2C and 3C gas resource of between 430-650 Bcf recoverable gas. Successful testing operations were recently completed at the Mako South-1 Well with 10.9 million cubic feet of gas flow and better than expected reservoir quality and multi Darcy permeability. The operator is currently analysing data with a view to providing a development plan. Empyrean also has a joint venture with ASX listed Sacgasco Limited on a suite of projects in the Sacramento Basin, onshore California, USA.
Latest Interim Date 21 Dec 2018
Latest Fiscal Year End Date 06 Aug 2018

Empyrean Energy Directors

Appointed Director Position
15 Mar 2005 Thomas Campbell Bowden Kelly Chief Executive Officer
14 Jun 2017 Gajendra Singh Bisht Executive Director
20 Aug 2008 John Hugh Spencer Laycock Finance Director
08 Jun 2005 Dr Patrick Henry Cross Non-Executive Chairman

Empyrean Energy Contact Details

Company Name Empyrean Energy
Company Address 200 Strand, London WC2R 1DJ.
Company Telephone +618 9480 0111
Company Website http://www.empyreanenergy.com/

Empyrean Energy Advisors

Auditor Name Chapman Davis LLP
Auditor Address 2 Chapel Court, London SE1 1HH.
Auditor Website http://chapmandavis.co.uk/
Auditor Telephone +44 (0)20 7357 6008
Registrar Name Capita Registrars
Registrar Address The Registry, 34 Beckenham Road, Beckenham, Kent BR3 4TU.
Registrar Website http://www.capitaregistrars.com/
Registrar Telephone 0870 162 3100
Broker Name Cenkos Securities Limited
Broker Address 6.7.8. Tokenhouse Yard, London EC2R 7AS.
Broker Website http://www.cenkos.com/
Broker Telephone +44 (0)20 7397 8900
Adviser Name Cenkos Securities Limited
Adviser Address 6.7.8. Tokenhouse Yard, London EC2R 7AS.
Adviser Website http://www.cenkos.com/
Adviser Telephone +44 (0)20 7397 8900
Solicitor Name Kerman & Co LLP
Solicitor Address 200 Strand, London WC2R 1DJ.
Solicitor Website http://www.kermanco.com/
Solicitor Telephone +44 (0)20 7539 7272
Stockbroker Name n/a
Stockbroker Address n/a
Stockbroker Website n/a
Stockbroker Telephone n/a