Empyrean Energy completes offshore oil migration study in China

Oil and gas firm Empyrean Energy on Monday completed an oil migration study for offshore China Block 29/11, a site with potential pathways into the Jade, Topaz and Pearl prospects. The AIM-traded company said the study identified the maturity profile of source rock and confirmed its peak maturity when oil expulsion began, thus resulting in positive prospectivity as the entire rock has been noted to have produced hydrocarbons. Tom Kelly, chief executive of Empyrean Energy, said: "Interpretation ...

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