Empyrean Regulatory News (EME)

8 Jun 2006 13:09

Empyrean Energy PLC08 June 2006 Empyrean Energy PLC ("Empyrean" or the "Company"; Ticker: (EME)) Operations Update Well Production Test Status Eagle North-1 in California, USA AIM quoted Empyrean Energy Plc today announces the following update on the EagleNorth-1, San Joaquin Basin, California, USA. Victoria Petroleum NL as operator for the Eagle North-1 horizontal well in theEagle Oil Pool Development Project in the San Joaquin Basin advises that thesecuring of all necessary equipment for production testing operations at theEagle North-1 horizontal well is continuing. In order to carry out the production testing operations in a cost effective andtechnically efficient manner, a completion rig and coiled tubing unit arerequired to work together at the site. A further update will be provided uponthe securing of the equipment. The time while awaiting the availability of the coiled tubing unit andcompletion rig is being utilised to ensure optimum planning of the engineeringprogram to carry out the forward production testing operations. The heavy demand for equipment and personnel in the Bakersfield production areahas resulted in the delay experienced to date. Following the securing of the completion rig and the coiled tubing unit, thisequipment will be moved onto the Eagle North-1 location and production testingoperations will resume immediately. The information contained in this announcement has been 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 ReadConduit PRTel: +44 (0) 207 429 6603Mob: +44 (0) 79974 982512 Imran AhmadHB-CorporateTel: +44(0) 207 510 8600 Empyrean Energy plcTel : +44(0) 207 932 2442 This information is provided by RNS The company news service from the London Stock Exchange