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ASX:CRD 11 November 2025

EME.L Soars on Duyung PSC Update: Empyrean Energy Jumps 90%+ as Conrad Asia Seeks Farm‑Down Completion (11 November 2025)

EME.L Soars on Duyung PSC Update: Empyrean Energy Jumps 90%+ as Conrad Asia Seeks Farm‑Down Completion (11 November 2025)

Empyrean Energy shares jumped as much as 96% in London on Tuesday after the company flagged a pending operator update at Indonesia’s Mako Gas Field. Trading volumes topped 2.2 billion shares, with Empyrean among the most-traded stocks on Interactive Investor. The surge followed news that operator Conrad Asia Energy halted its ASX-listed shares pending a farm-down announcement at the Duyung PSC, where Empyrean holds 8.5%.
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