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Emerald pleased with Syrian test wells

Wed, 09th Sep 2009 07:49

Oil explorer Emerald Energy said cumulative gross oil production from its Khurbet East field in Syria recently reached 4m barrels.Drilling operations have been completed at the Khurbet East No. 12 delineation well, and preliminary analysis of core and wire-line logs indicates approximately 10 metres of net reservoir, extending down to 1,605 metresInitial flow testing at Khurbet East No. 11 well has also been completed. The well flowed oil of approximately 25 degrees API (American Petroleum Institute) at an average rate over a 44 hour period of around 1,660 barrels per day, under natural flow and through a 48/64' choke, with a water cut of approximately 30%.The Yousefieh No.1 well, drilled in November 2008, was re-entered in August 2009, and remedial cementing operations on the production liner were successfully completed.During subsequent flow testing operations the well flowed oil of approximately 25 degrees API to surface at an average rate of approximately 356 barrels per day over a 7 hour period, under natural flow and through a 48/64 inch choke, with an average water cut of less than 1%.The Yousefieh No.2 well, drilled in February 2009, was re-entered in August 2009 and produced 17 degrees API oil to surface at an average rate of 139 barrels per day over a 12 hour period, under artificial lift using nitrogen and through a 2 inch choke, with a water cut of 49%.Emerald’s chief executive Angus MacAskill declared himself happy with the test results and added ‘we look forward to the results of flow testing at the Khurbet East No.12 well and the results of the upcoming Yousefieh No.3 appraisal well.’
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19 Apr 2022 11:06

IN BRIEF: Empyrean Energy shares rise with drill results from Jade

Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - Says drilling operations at its LH 17-2-1 well at its Jade prospect, offshore China continue to run "smoothly". Adds that progress to date is on schedule. Confirms that the drilling results have validated the pre-drill interpretation of seismic data. This includes the presence of gas clouds over the Jade as well as the Topaz prospects. Upgrades its internal geological chance of success over the Jade prospect to 65% from 41% and over the Topaz prospect to 47% from 35%.

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11 Apr 2022 20:51

TRADING UPDATES: Pod Point wins BMW deal; Lamprell seals contract

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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8 Apr 2022 13:52

IN BRIEF: Empyrean Energy shares rise with arrival of NH9 rig at Jade

Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - Says NH9 rig arrived on location at the Jade prospect at its Block 29/11 permit, offshore China. Says operations to anchor the rig have started and spudding of the LH 17-2-1 well is now expected to begin on or around April 10.

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4 Apr 2022 21:53

TRADING UPDATES: Conroy wins licences; Likewise first quarter strong

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Monday and not separately reported by Alliance News:

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4 Apr 2022 11:52

Empyrean and partners preparing to drill Jade prospect

(Sharecast News) - Oil and gas development company Empyrean Energy updated the market on preparations to drill the Jade prospect at its wholly-owned Block 29/11 permit, offshore China on Monday.

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30 Mar 2022 20:19

IN BRIEF: Empyrean Energy clears drill rig for use on Jade well

Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - For drilling the Jade well in Block 29/11 in China, the safety inspection at the China Oilfield Services Ltd-owned drill rig has been completed and the rig is cleared for mobilisation.

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28 Mar 2022 10:12

IN BRIEF: Empyrean Energy rise after loan note conversion

Empyrean Energy PLC - oil & gas explorer and producer with assets in China, Indonesia and US - Receives conversion notice on 18.8 million shares at 8 pence per share, for GBP1.5 million, as part of convertible loan note agreement signed in late December. Still owes GBP1.5 million on convertible note, which matures on December 16, 2022, and was originally signed with a Melbourne-based lender for GBP4.0 million.

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25 Mar 2022 12:31

Empyrean preparing to take delivery of Jade drilling rig

(Sharecast News) - China, Indonesia and US-focussed developer Empyrean Energy updated the market on preparations to drill the Jade prospect at its wholly-owned block 29/11 permit, offshore China on Friday.

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11 Mar 2022 12:12

TRADING UPDATES: Secure Trust sells debt assets; new Brickability JV

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Friday and not separately reported by Alliance News:

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24 Jan 2022 12:37

IN BRIEF: Empyrean obtains injunction order against cyber-fraudster

IN BRIEF: Empyrean obtains injunction order against cyber-fraudster

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10 Jan 2022 19:34

TRADING UPDATES: Harvest Minerals sales jump; Quartix earnings to rise

TRADING UPDATES: Harvest Minerals sales jump; Quartix earnings to rise

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23 Dec 2021 16:22

IN BRIEF: Empyrean Energy continues focus on Jade block prospect

IN BRIEF: Empyrean Energy continues focus on Jade block prospect

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16 Dec 2021 21:28

IN BRIEF: Empyrean Energy raises GBP7.6 million by placing, loan notes

IN BRIEF: Empyrean Energy raises GBP7.6 million by placing, loan notes

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11 Nov 2021 22:01

TRADING UPDATES: Supply@ME lowers guidance; Manolete cuts payout

TRADING UPDATES: Supply@ME lowers guidance; Manolete cuts payout

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3 Nov 2021 14:38

TRADING UPDATES: BATM signs new deal; Synectics wins two projects

TRADING UPDATES: BATM signs new deal; Synectics wins two projects

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