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<title>Empyrean Energy Plc — News on 6ix</title>
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<title>Empyrean Energy Plc</title>
<link>https://6ix.com/company/empyrean-energy-plc</link>
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<item>
<title>Mako Gas Project Update</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/mako-gas-project-update</link>
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<pubDate>Thu, 30 Apr 2026 07:43:00 GMT</pubDate>
<description>Empyrean Energy PLC has provided an update on the Mako Gas Project in Indonesia, confirming that development activities remain on track following the Final Investment Decision. By the end of Q1 2026, over US$280 million, representing more than 80% of total capital costs, had been allocated through letters of award for key contracts including the drilling rig and SURF EPCI. The total estimated capital expenditure to first gas is US$320 million, with the project fully funded and on schedule for fi</description>
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<title>Convertible Note Amendment</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/convertible-note-amendment-2</link>
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<pubDate>Tue, 14 Apr 2026 12:51:00 GMT</pubDate>
<description>Empyrean Energy PLC has amended key terms of its convertible note, reducing the annual interest rate from 20% to 5% for the period April 1, 2026, to September 30, 2026, after which it reverts to 20%. The company must now maintain a minimum cash balance of £1.25 million until the note is repaid. The face value of the convertible note, including accrued interest, stands at £6.7 million as of March 2026. Empyrean also reported unaudited free cash of £1.76 million as of March 31, 2026, and anticipat</description>
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<title>Final Investment Decision Approved</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/final-investment-decision-approved</link>
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<pubDate>Tue, 03 Mar 2026 07:00:00 GMT</pubDate>
<description>Empyrean Energy PLC has announced the approval of the Final Investment Decision (FID) for the Mako Gas Project in Indonesia, a significant step towards future cash flow generation with first gas targeted for the fourth quarter of 2027. The project is fully funded at the joint venture level, with total capital expenditure to first gas estimated at approximately US$320 million on a 100% basis. This FID de-risks the project following successful appraisal drilling and testing, and it benefits from l</description>
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<title>CEO Appointment and Board Composition Review</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/ceo-appointment-and-board-composition-review</link>
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<pubDate>Fri, 27 Feb 2026 07:00:00 GMT</pubDate>
<description>Empyrean Energy PLC has appointed Gajendra (Gaz) Bisht as Chief Executive Officer, effective immediately, who will also continue as Technical Director. This appointment follows his successful interim tenure and the settlement with Conrad, securing Empyrean's participation in the Mako Gas Discovery. The company is focused on cost reduction while evaluating new value-accretive opportunities and undertaking a disciplined review of its portfolio. Additionally, Empyrean is conducting a review of its </description>
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<title>Cash Call dispute Settlement Finalised</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/cash-call-dispute-settlement-finalised</link>
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<pubDate>Mon, 23 Feb 2026 08:10:00 GMT</pubDate>
<description>Empyrean Energy PLC has finalised a settlement with Conrad Asia Energy Ltd and WNEL regarding historical cash call arrears, triggering an immediate US$5.0 million payment to WNEL as the first instalment of an agreed US$16 million upfront consideration under a farm-out agreement. This payment is part of a phased approach, with a further US$4.0 million due in 30-45 days and the final US$7.0 million upon production, targeted for late 2027. Empyrean is entitled to 8.5% of all cash payments made to W</description>
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<title>Change of Registered Office Address</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/change-of-registered-office-address-18</link>
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<pubDate>Fri, 13 Feb 2026 07:00:00 GMT</pubDate>
<description>Empyrean Energy Plc has announced an immediate change to its registered office address, which is now located at 4th Floor, 6 New Street Square, London EC4A 3DJ. This administrative update does not involve any financial figures or operational changes that would directly impact the company's stock share price.
Disclaimer*</description>
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<title>Duyung PSC Update</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/duyung-psc-update-1</link>
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<pubDate>Fri, 30 Jan 2026 07:00:00 GMT</pubDate>
<description>Empyrean Energy PLC has reached a binding term sheet with Conrad Asia Energy Ltd to amicably resolve a cash call dispute concerning the Duyung PSC and Mako Gas Field in Indonesia. Under the agreement, Empyrean will retain economic exposure to the Mako Gas Field without future direct cash call obligations, with project finance secured through to development and first gas targeted for Q4 2027. Empyrean's 8.5% participating interest will be transferred to a special purpose vehicle, and the company </description>
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<title>Interim Results</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/interim-results-504</link>
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<pubDate>Thu, 11 Dec 2025 08:59:00 GMT</pubDate>
<description>Empyrean Energy PLC reported interim results for the six months ended 30 September 2025, highlighting a binding Gas Sale Agreement for the Mako Gas Field with PT PLN Energi Primer Indonesia and a new farm-in agreement with PT Nations Natuna Barat, subject to regulatory approvals. The company also noted a dispute with West Natuna Exploration Limited regarding outstanding cash calls totaling US$789,815, which Empyrean believes has no basis. Operationally, the Wilson River Project in Australia was </description>
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<title>Conrad Secures Farm Down and Funding for Mako</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/conrad-secures-farm-down-and-funding-for-mako</link>
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<pubDate>Wed, 19 Nov 2025 08:00:00 GMT</pubDate>
<description>Empyrean Energy PLC announced that Conrad Asia Energy Ltd, through its subsidiary West Natuna Exploration Limited, has secured a farm-down and financing agreement with PT Nations Natuna Barat for the Mako gas field development. Nations will acquire a 75% non-operated interest, funding 100% of development costs and carrying WNEL's portion, with WNEL retaining a 25% interest expected to be fully carried through commercial production. Nations will pay WNEL US$16 million in three tranches, with the </description>
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<title>Holding(s) in Company</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/holdings-in-company-1063</link>
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<pubDate>Thu, 13 Nov 2025 09:26:00 GMT</pubDate>
<description>Empyrean Energy PLC has been notified that Nortrust Nominees Limited now holds 73,000,000 ordinary shares, representing approximately 1.28% of the company's issued share capital. This disclosure pertains to significant holdings within the company.
Disclaimer*</description>
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<title>Results of Annual General Meeting</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/results-of-annual-general-meeting-120</link>
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<pubDate>Tue, 30 Sep 2025 13:19:00 GMT</pubDate>
<description>Empyrean Energy PLC held its Annual General Meeting today, where all resolutions were duly passed. Resolution 1, regarding receiving the accounts, saw 787,537,579 votes FOR (99.76%) and 1,930,117 votes AGAINST (0.24%), with total votes cast reaching 789,467,696 and 11,034,576 votes withheld. For Resolution 2, concerning the auditors' appointment and remuneration, 750,695,527 votes were cast FOR (95.05%) and 39,082,232 votes AGAINST (4.95%), totaling 789,777,759 votes cast and 10,724,513 withheld</description>
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<title>Posting of Notice of Annual General Meeting</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/posting-of-notice-of-annual-general-meeting-2</link>
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<pubDate>Wed, 03 Sep 2025 13:11:00 GMT</pubDate>
<description>Empyrean Energy PLC announced that its Annual General Meeting (AGM) will be held on September 30, 2025, at 10:00 a.m. The meeting will take place at the offices of Cavendish in London. The company previously announced on September 1, 2025, the final results for the year ended March 31, 2025, with the full Report and Accounts available on their website. Shareholders will receive instructions for electronic voting instead of a physical proxy form. The Annual Report and Accounts and the Notice of t</description>
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<title>Final Results</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/final-results-630</link>
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<pubDate>Mon, 01 Sep 2025 12:30:00 GMT</pubDate>
<description>Empyrean Energy PLC announced its final results for the year ended March 31, 2025. The company reported a loss from continuing operations after taxation of US$3.35 million, and a basic and diluted loss per share of (0.18)c. Exploration and evaluation assets totaled US$5.763 million, while trade and other payables amounted to US$3.125 million. Convertible loan notes reached US$8.938 million. Throughout the reporting period, the company raised funds, including US$1.592 million in November 2024, US</description>
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<title>Passing Of Tom Kelly, Managing Director/CEO</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/passing-of-tom-kelly-managing-directorceo</link>
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<pubDate>Tue, 26 Aug 2025 06:00:00 GMT</pubDate>
<description>Empyrean Energy PLC announced the passing of Managing Director/CEO Tom Kelly on August 22nd, following a tragic accident. The Board of Empyrean has appointed existing Technical Director Gaz Bisht as interim CEO, effective immediately, while they begin the search for a permanent replacement.
Disclaimer*</description>
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<title>Fundraising</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/fundraising-5</link>
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<pubDate>Mon, 21 Jul 2025 08:12:00 GMT</pubDate>
<description>Fundraising.</description>
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<title>Gas Sale Agreement Signed with PLN EPI</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/gas-sale-agreement-signed-with-pln-epi</link>
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<pubDate>Thu, 17 Jul 2025 07:47:00 GMT</pubDate>
<description>Gas Sale Agreement Signed with PLN EPI.</description>
</item>
<item>
<title>Wilson River-1 DST Operations Results</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/wilson-river-1-dst-operations-results</link>
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<pubDate>Wed, 14 May 2025 07:28:00 GMT</pubDate>
<description>Wilson River-1 DST Operations Results.</description>
</item>
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<title>Result of Retail Offer</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/result-of-retail-offer-35</link>
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<pubDate>Thu, 01 May 2025 08:27:00 GMT</pubDate>
<description>Result of Retail Offer.</description>
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<title>Retail Offer</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/retail-offer-29</link>
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<pubDate>Mon, 28 Apr 2025 08:20:00 GMT</pubDate>
<description>Retail Offer.</description>
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<title>DST operations to commence early May</title>
<link>https://6ix.com/company/empyrean-energy-plc/news/dst-operations-to-commence-early-may</link>
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<pubDate>Fri, 25 Apr 2025 08:29:00 GMT</pubDate>
<description>DST operations to commence early May.</description>
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