Empyrean Regulatory News (EME)

29 Nov 2006 07:04

Empyrean Energy PLC29 November 2006 Empyrean Energy PLC ("Empyrean" or the "Company"; Ticker: (EME)) Sugarloaf Hosston Prospect, Texas USA ------------------------------------- AIM quoted Empyrean Energy PLC today announces that as at 6am Texas time on 28thNovember 2006, the Sugarloaf-1 exploration well located in the onshore GulfCoast Basin was at a depth of 20,896 feet (6,371 metres). The current operationis conditioning the hole and preparing to run wire-line logs. Since the last report released on 21st November 2006, the well has continued todrill in the primary target of the Sugarloaf-1 well. It is expected that the running of the wire-line logs and interpretation ofthese and other geological information will take several days. 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/ Ed PortmanConduit PRTel: +44 (0) 207 429 6605/+44 (0) 7979955923 Empyrean Energy plcTel : +44(0) 207 932 2442 Imran Ahmad/ Cecil JordaanHB CorporateTel: +44(0) 207 510 8600 This information is provided by RNS The company news service from the London Stock Exchange