Empyrean Regulatory News (EME)

5 Jul 2006 09:05

Empyrean Energy PLC05 July 2006 Empyrean Energy PLC ("Empyrean" or the "Company"; Ticker: (EME)) Glantal Gas Project, Germany • Completion rig arrived on site and "rigged up".• Operations at Glantal-1 have commenced.• The first of four zones being tested will be perforated following wellbore conditioning operations. AIM quoted Empyrean Energy PLC today announces that operations have commenced in preparation to test four initial zones for the presence of gas at the Glantal-1 well, the first well drilled by Empyrean and its partners in the Glantal Gas Project. The operator of the Glantal Gas Project, Pannonian International Ltd ("Pannonian"), a wholly owned subsidiary of U.S.-based Galaxy Energy Corporation (Amex: GAX) has advised that following the arrival and rigging up operations of the Koller workover rig, operations are currently running in hole in preparation to condition the wellbore for testing. The first of four initial zones chosen for testing will be perforated as soon ascurrent operations to condition the wellbore in preparation for testing arecomplete. We will make a further announcement as operations progress. Executive Director Tom Kelly commented "We are pleased that operations to testthe first well drilled by Empyrean and its partners on the massive PfalzerAnticline are now underway. This marks an important milestone for Empyrean inwhat has been a busy year. The information contained in this announcement was completed and reviewed by theTechnical Director of Empyrean Energy Plc, Mr Frank Brophy BSc (Hons) who hasover 40 years experience as a petroleum geologist. For further information Laurence Read / Angus Prentice Conduit PR Tel: +44 (0) 207 429 6605Mob: +44 (0) 7979 955 923 Imran Ahmad / Luke CairnsHB-CorporateTel: +44(0) 207 538 1166 Empyrean Energy plcTel : +44(0) 207 932 2442 This information is provided by RNS The company news service from the London Stock Exchange