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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Empyrean looks East for growth

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Please note that tax, investment, pension and ISA rules can change and the information and any views contained in this article may now be inaccurate.
Small cap oil and gas play Empyrean Energy (EME:AIM) continues its pivot to Asia having sold its US assets in 2016. It has now added to its existing Chinese acreage with a new project in Indonesia.
The Duyung PSC is being acquired for $4m and contains the Mako shallow natural gas discovery. Thought to contain between 0.4 and 1.3 trillion cubic feet of gas, a well to test this potential is expected this summer.
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