240,000 tpa SC5.5 from end of 2024 as the second DMS plant is commissioned.
2025 production equates to circa USD720m annualised revenue assuming USD3,000 per tonne of SC5.5. Significant.
Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has announced a successful capital raise and debt restructuring as well as an update on future activities at the Mako Gas Field at the Duyung PSC (Empyrean 8.5%) and the Topaz prospect at its Block 29/11 permit (Empyrean 100%), offshore China.