US Tax Refund

RNS Announcement

RNS Number : 1582R

Empyrean Energy PLC

04 March 2021

4 March 2021

Empyrean Energy PLC / Index: AIM / Epic: EME / Sector: Oil & Gas

Empyrean Energy PLC ("Empyrean" or the "Company")

US Tax Refund

Empyrean Energy plc (EME: AIM) ("Empyrean"), the oil and gas development company with interests in China, Indonesia and the United States, advises that the Company's United States tax advisors recently submitted Empyrean's federal tax return with the United States Internal Revenue Service ("IRS") for the 31 March 2020 financial year. The Company anticipates a tax refund of US$357,702 to be received during March 2021, representing corporate alternative minimum tax credits.

The Company will advise once these funds have been received.

**ENDS**

For further information:

Empyrean Energy plc
Tom Kelly	Tel: +61 6146 5325

Cenkos Securities plc (Nominated Advisor and Broker)
Neil McDonald	Tel: +44 (0) 131 220 9771
Pete Lynch	Tel: +44 (0) 131 220 9772

First Equity Limited (Joint Broker)
Jason Robertson	Tel: +44 (0) 20 7330 1883

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END

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RNS metadata

Title: US Tax Refund
Time: 07:04:33
Date: 4 Mar 2021
Category: Miscellaneous
ID: 1582R