AGM Presentation

RNS Number : 4139I

Empyrean Energy PLC

02 July 2013

 



2 July 2013

Empyrean Energy PLC

("Empyrean", "EME" or the "Company"; Ticker (EME))

AGM Presentation

Empyrean Energy (AIM: EME), the onshore US condensate and gas exploration & production company, is pleased to announce that an updated presentation from today's annual general is now available on the Company's website at www.empyreanenergy.com.

The following information regarding a breakdown of general and administrative expenses of the Company had been included in the appendix of the presentation:

Details	31-Mar-13	31-Mar-12	Variance
Currency Gain / Loss	£309,956.01	£60,713.35	£249,242.66
Director Remuneration
Directors' Fees 2013	£217,958.32	£154,010.01	£63,948.31
Consultancy 2013	£265,333.36	£217,339.64	£47,993.72
Consultancy Prior	£73,680.53	£-	£73,680.53
Director & Company Secretary Share Based Payments1	£-	£459,571.02
Compliance Fees (AIM, Audit, NOMAD, Registrar, CoSec)	£213,339.02	£138,603.13	£74,735.89
Bank Charges and Taxes	£142,765.75	£4,750.47	£138,015.28
Other General & Administration	£191,871.90	£102,161.46	£89,710.44
	£ 1,414,904.89	£    677,578.06	£ 737,326.83
Note

1.     Refer to Note 4 of the Financial Statements in 2013 Annual Report

For further information

Empyrean Energy plc

Tom Kelly

[phone]

Shore Capital

Anita Ghanekar

Edward Mansfield

[phone]

Jonathan Charles

Lionsgate Communications

E: [e-mail]

M: [phone]

www.lionsgatecomms.com

Notes to Editors:

Empyrean Energy Plc is an AIM listed (Ticker: EME) condensate and gas exploration and production company focused on the Eagle Ford Shale, Texas, USA.  Other assets include a 10% working interest in the Riverbend Project, Texas, just north of the prolific Brookeland Field (Austin Chalk) as well as a 57.2% interest in the Eagle Oil Pool Development Project located in the San Joaquin Basin, southern California.

Empyrean's portfolio includes an interest in over 90 producing wells with scaleable growth potential from further development and exploration upside.

 

END

 

 

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