Empyrean Regulatory News (EME)

6 Aug 2007 08:51

Empyrean Energy PLC06 August 2007 Empyrean Energy PLC ("Empyrean" or the "Company"; Ticker: (EME)) Project Margarita, Gulf Coast Texas USA --------------------------------------- • Agavero flows gas on production test at rate of 642,000 cubic feet per day• Dona Carlota discovery connected to sales pipeline• Climaco encounters gas shows whilst drilling AIM quoted Empyrean Energy PLC today announces the following update with regards Project Margarita: AGAVERO WELL Successful production testing has been completed at the Agavero well with aninitial flow rate of 642,000 cubic feet of gas per day being recorded on 10/64"choke. The well will now be tied into a nearby pipeline that crosses the lease tocommence sales. DONA CARLOTA WELL The Dona Carlota well has now been successfully connected to the gas salespipeline and sales have commenced. CLIMACO WELL The Climaco well has reached a depth of 1,830 metres. Recent gas shows of up to10 times the background gas reading have necessitated an increase in thedrilling mud weight. The present plan is to raise the mud weight and then drillahead to the anticipated total depth of 2,067 metres. Participants in the Margarita Project are:Empyrean Energy PLC* 44.00%Sun Resources NL# 20.00%Victoria Petroleum NL# 20.00%Wandoo Energy LLC + 16.00%Total: 100.00% # ASX listed* AIM listed+ USA Private Interest 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:Charlie Geller/ Ed Portman Conduit PR Tel: +44 (0) 207 429 6604/ +44 (0) (797) 006 7320 Empyrean Energy plc Tel: +44(0) 207 182 1746 Rod Venables/ 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