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Empyrean Lands $50M Macquarie Loan For Texas Shale Project

By Kelly Rizzetta (April 18, 2012, 5:32 PM EDT) -- Australia-based oil company Empyrean Energy PLC accepted Wednesday a $50 million loan offer from Macquarie Bank Ltd. to fund Empyrean's development of the Sugarloaf condensate and natural gas project in Texas' Eagle Ford shale play through the end of the year....

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