• 3D survey acquisition phase completed safely and successfully
• 3D survey exceeded the work obliga0on of the permit for the current Geophysical Service Agreement (GSA) phase
• Key prospects - Jade and Topaz - now have high quality modern 3D seismic coverage

AIM-listed Empyrean Energy, the oil and gas development company with interests in China, Indonesia and the United States, has announced the 3D seismic data in Block 29/11 (Empyrean 100% Working Interest during Exploration Phase) has been successfully acquired. The survey commenced on 6 June 2017, and with acquisition of the raw data now fully complete the seismic vessel is de-mobilising from the survey area.

The survey acquired 580 km2 of new 3D seismic data over the permit, including key prospects - Jade and Topaz.  Additional to the 3D data acquired within Block 29/11, a further 28 km² of 3D were acquired as part of the overall survey along the western boundary of the Block and extending over the LH 23-1d oil discovery, west of Empyrean's permit. The additional data is expected to allow Empyrean to evaluate the extent of a potential geological tie between the LH 23-1d oil discovery and Jade and Topaz.

Empyrean CEO Tom Kelly commented:
"We are pleased to report that the 3D Marine Seismic Survey acquisition has been completed on schedule with excellent quality 3D data acquired. The operations proceeded without any safety or HSE incidents. China Offshore Service Limited (COSL) provided a highly professional service during the operations and we are pleased with their cooperation and the quality of data produced from the survey.

'In conjunction with COSL, we have already commenced processing the raw data. Whilst the full processing and interpretation will take some months to complete fully, we will be able to fast track some of the initial processing of raw data over our key prospects, Jade and Topaz. This is expected to give potential resource size estimations for Jade and Topaz within weeks."