Empyrean Regulatory News (EME)

4 Oct 2006 07:11

Empyrean Energy PLC04 October 2006 Empyrean Energy PLC ("Empyrean" or the "Company"; Ticker: (EME)) Sugarloaf Hosston Prospect, Texas USA ------------------------------------- • Succesfully run and cemented 9-5/8" INTERMEDIATE casing AIM quoted Empyrean Energy PLC today announces that at 6am Texas time on 3rd ofOctober 2006 the Sugarloaf-1 exploration well, located in the onshore Gulf CoastBasin in Texas, USA, was running drill pipe into the well in order to drillahead in 8-1/2'' diameter hole. Since the last report, 9-5/8'' intermediate casing was successfully run andcemented into the well to a depth of 14,480 feet (4,413m). The operator will now continue drilling in 8-1/2'' diameter hole towards theprimary Hosston target which is expected at approximately 17,000 feet (5,182m) and then to a total depth of 21,000 feet (6,400m). There is a further secondary target in carbonate rocks between the present depth and just above the Hosston target. 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 Angus Prentice/Laurence Read Conduit PR Tel: +44 (0) 207 429 6603 Mob: +44 (0) 79974 982512 Empyrean Energy plc Tel : +44 (0) 207 932 2442 Imran Ahmad/ Cecil Jordaan HB-Corporate Tel: +44(0) 207 510 8600 This information is provided by RNS The company news service from the London Stock Exchange