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Pin to quick picksEmpyrean Regulatory News (EME)

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Operational Update

30 Apr 2013 16:26

RNS Number : 6562D
Empyrean Energy PLC
30 April 2013
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30 April 2013

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Empyrean Energy PLC

("Empyrean" or the "Company"; Ticker: (EME))

Sugarloaf Project: Onshore Texas, USA

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Operational Update

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Empyrean Energy (AIM: EME) notes that Australian Stock Exchange listed AWE Limited (ASX Code: AWE), a partner in Empyrean's Sugarloaf Project in Texas has today released its quarterly report and as part of this report has stated that "The operator has advised that the number of wells to be drilled in the Sugarloaf acreage this calendar year has increased to 37, with at least 2 of these in the Austin Chalk."

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Empyrean is in the process of seeking clarification from the operator of the Sugarloaf Project in relation to the anticipated drilling programme for 2013 and will make a separate announcement once clarification has been received.

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For further information

Empyrean Energy plcΒ 

Tom Kelly

+618 9480 0111

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Shore Capital

Anita Ghanekar

Edward Mansfield

+44 (0) 207 408 4090

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Jonathan Charles

Lionsgate Communications

E: jcharles@lionsgatecomms.com

M: +44 (0)7791 892509Β 

www.lionsgatecomms.comΒ 

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Notes to Editors:

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Empyrean Energy Plc is an AIM listed (Ticker : EME) condensate and gas exploration and production company focused on the Eagle Ford Shale, Texas, USA. Other assets include a 10% working interest in the Riverbend Project, Texas, just north of the prolific Brookeland Field (Austin Chalk) as well as a 57.2% interest in the Eagle Oil Pool Development Project located in the San Joaquin Basin, southern California.

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Empyrean's portfolio includes an interest in over 80 producing wells with scaleable growth potential from further development and exploration upside.

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This information is provided by RNS
The company news service from the London Stock Exchange
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MSCZMGFDKGMGFZM
Date   Source Headline
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20th May 20147:00 amRNSMAJOR UPGRADE TO SUGARLOAF AMI RESERVES+RESOURCES
13th May 201412:05 pmRNSComment on Aurora Oil and Gas Announcement
1st Apr 20149:01 amRNSUSD1.5million reypayment on term debt facility
28th Mar 201412:13 pmRNSExercise of Options
20th Mar 201412:30 pmRNSOption Terms Amendment
7th Mar 20141:27 pmRNSMajor Interest in Shares
5th Mar 20147:00 amRNSNew Corporate Presentation
18th Feb 201410:02 amRNSAdmission of Ordinary Shares
12th Feb 20141:30 pmRNSExercise of Options
12th Feb 20147:00 amRNSProduction and Q4 2013 Operational Update
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8th Jan 20147:00 amRNSUpdate re Macquarie Debt Facility
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18th Oct 20137:00 amRNSChange of Adviser
3rd Oct 20138:39 amRNSPrincipal Office Change
30th Sep 20137:00 amRNSUSD1m Repayment on Macquarie Debt Facility

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