Empyrean announces a significant increase in its Reserves and Resources at its flagship Sugarloaf AMI asset in the liquids rich core of the Eagle Ford Shale in Texas, USA, following the receipt of an independent appraisal and updated report prepared by DeGolyer & MacNaughton.

The Project, in which Empyrean has a 3% working interest, is operated by Marathon Oil Company, a subsidiary of US major Marathon Oil Corporation. The figures below represent the Barrels of Oil Equivalent Reserves and Resources attributable to Empyrean's net revenue interest after royalties in the Project.

Tags: Empyrean Energy