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Drilling Report

24 Mar 2009 07:00

RNS Number : 3495P

Emerald Energy PLC

24 March 2009

Emerald Energy Plc

24 March 2009

Result of Drilling Operations in the Jacaranda Block, Colombia

Emerald Energy Plc ("Emerald" or the "Company") provides the following update on operations in Colombia.

The Jacinto No.1 exploration well in the Jacaranda block, designed to evaluate the potential of a stratigraphic exploration target in the Tertiary aged Carbonera formation, has been drilled to a total depth of 6,460 feet.

Hydrocarbon shows and a well developed sand channel were encountered while drilling through the Carbonera formation but wire-line log evaluation indicates the sand channel to be water bearing. Following this result, the well has been plugged and abandoned.

Emerald's Chief Executive Officer, Angus MacAskill, said:

“The Jacinto prospect was always recognised as being a higher risk stratigraphic exploration play but attractive to drill for its high potential reward and low drilling cost. While encouraged to encounter a thick sand channel necessary for the play, we are disappointed to find the channel water filled. We now look forward to the remaining exploration wells to be drilled in 2009.”

Enquiries: Lisa Hibberd 020 7925 2440

This information is provided by RNS

The company news service from the London Stock Exchange

END

DRLSEWSMLSUSEFD

Date		Source	Headline
9th Oct 2009	12:31 pm	RNS	Holding(s) in Company
7th Oct 2009	3:49 pm	RNS	Director/PDMR Shareholding
7th Oct 2009	11:38 am	RNS	Court Sanction of the Scheme of Arrangement
7th Oct 2009	9:32 am	RNS	EPT Disclosure
7th Oct 2009	7:30 am	RNS	Suspension Emerald Energy
6th Oct 2009	6:11 pm	RNS	Suspension of trading & list of ordinary shares
6th Oct 2009	12:51 pm	RNS	Rule 8.3- Emerald Energy PLC
5th Oct 2009	2:08 pm	BUS	Rule 8.3 - Emerald Energy Plc
5th Oct 2009	1:53 pm	RNS	Holding(s) in Company
5th Oct 2009	1:45 pm	RNS	Rule 8.3- Emerald Energy Plc
5th Oct 2009	12:21 pm	RNS	Rule 8.3- Emerald Energy
5th Oct 2009	9:04 am	RNS	EPT Disclosure
2nd Oct 2009	4:40 pm	RNS	Holding(s) in Company
2nd Oct 2009	12:41 pm	RNS	Recommended all cash acqn of Emerald by Sinochem
2nd Oct 2009	12:05 pm	RNS	Rule 8.3- Emerald Energy
2nd Oct 2009	8:38 am	RNS	EPT Disclosure
2nd Oct 2009	7:00 am	RNS	Operations update
1st Oct 2009	1:25 pm	RNS	Holding(s) in Company
1st Oct 2009	1:11 pm	BUS	Rule 8.3 - Emerald Energy Plc
1st Oct 2009	9:09 am	RNS	EPT Disclosure
30th Sep 2009	3:16 pm	BUS	Rule 8.3 - Emerald Energy Plc
30th Sep 2009	11:44 am	RNS	Rule 8.3- Emerald Energy
29th Sep 2009	2:34 pm	BUS	Rule 8.3 - Emerald Energy Plc
28th Sep 2009	3:23 pm	BUS	Rule 8.3 - Emerald Energy Plc
28th Sep 2009	1:07 pm	RNS	Rule 8.3- Emeral Energy PLC
28th Sep 2009	10:10 am	RNS	EPT Disclosure
25th Sep 2009	3:31 pm	BUS	Rule 8.3 - Emerald Energy Plc
25th Sep 2009	1:41 pm	RNS	Rule 8.3- Emerald Energy PLC
24th Sep 2009	1:14 pm	RNS	Rule 8.3 - Emerald Energy PLC
24th Sep 2009	11:56 am	RNS	Rule 8.3- Emerald Energy
23rd Sep 2009	2:16 pm	RNS	Rule 8.3 - Emerald Energy PLC
23rd Sep 2009	11:49 am	RNS	Rule 8.3- Emerald Energy Plc
22nd Sep 2009	3:21 pm	RNS	Holding(s) in Company
22nd Sep 2009	1:01 pm	RNS	Rule 8.3- Emerald Energy PLC
22nd Sep 2009	7:00 am	RNS	Operations update
21st Sep 2009	1:39 pm	RNS	Rule 8.3 - Emerald Energy PLC
21st Sep 2009	11:03 am	RNS	EPT Disclosure
21st Sep 2009	9:52 am	RNS	Rule 8.3- (Emerald Energy Plc)
18th Sep 2009	12:46 pm	RNS	Rule 8.3- Emerald Energy PLC
17th Sep 2009	2:04 pm	RNS	Rule 8.3- Emerald Energy PLC
17th Sep 2009	12:44 pm	RNS	Rule 8.3- Emerald Energy Plc
17th Sep 2009	10:08 am	RNS	EPT Disclosure
17th Sep 2009	7:00 am	RNS	Operations update
16th Sep 2009	2:12 pm	RNS	Rule 8.3- Emerald Energy PLC
15th Sep 2009	2:37 pm	RNS	Rule 8.3- Emerald Energy PLC
15th Sep 2009	2:04 pm	RNS	Holding(s) in Company
14th Sep 2009	1:41 pm	RNS	Rule 8.3- Emerald Energy PLC
10th Sep 2009	2:38 pm	RNS	Rule 8.3- Emerald Energy Plc
10th Sep 2009	1:20 pm	RNS	Rule 8.3- Emerald Energy-Replacement
10th Sep 2009	10:45 am	RNS	Rule 8.3- Emerald Energy Plc

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