Empyrean Energy H1 Well Starts Flow Back June 1

LONDON (Dow Jones)--Empyrean Energy PLC (EME.LN), an oil and gas company announced Tuesday for its Sugarloaf Project, Texas, that Rancho Grande-H1 well commenced flow back on June 1 and has been flowing on a reduced choke setting. MAIN FACTS: -The gas production rate averaged over a consecutive 24 hour period has been 3.19 mmscf per day -The condensate production rate averaged over a consecutive 24 hour period has been 1,170 barrels of oil per day. -Shares closed Monday at 5.75 pence. -By Zechariah Hemans, Dow Jones Newswires; 44-20-7842-9411; zechariah.hemans@dowjones.com (END) Dow Jones Newswires June 08, 2010 02:58 ET (06:58 GMT)