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Last checked at 
1 Aug 2008 07:30
ļ»æ
1stĀ Ā AugustĀ 2008
Empyrean Energy PLCĀ
("Empyrean" or the "Company"; Ticker: (EME))
SugarloafĀ Block A,Ā TexasĀ USA
TCEI JV Block A #Ā 4Ā wellĀ reaches total depthĀ in the pilot hole section
Encouraging gas shows over approximately 300 feet
Horizontal drilling about to commence along the gaseous interval
Empyrean Energy Plc, the oil and gas explorer and producer with assets in Germany and the USA provides the following update on operations:
Empyrean hasĀ been advised by Texas Crude Energy Inc that theĀ TCEI JV Block A #4Ā wellĀ has reached a total depth in the pilot hole section of 12,756 feet.Ā Electric logs have been run. Current operations are the setting of cement plugs in order to kick off and commence the horizontal drilling for approximately 6000 ft.Ā
The electric logs show an interval of approximately 300 feet of gas shows between 12,400 and 12,700 feet. This interval is encouraging and the horizontal portion of the well is designed to drill laterally along a portion of this interval.
Maximum gas readingsĀ reached 1325 units against an average background level of approximately 50 units.
Further updatesĀ will be provided as significant developments occur.Ā
The information contained in this announcement was completed and reviewed by the Technical Director of Empyrean Energy Plc, Mr Frank Brophy BSc (Hons) who has over 40 years experience as a petroleum geologist.
For further informationĀ
Empyrean Energy plcĀ
Tel: +44(0)Ā 207Ā 182Ā 1746Ā
Ā
Rod Venables /Ā James Reeve
HB CorporateĀ
Tel: +44(0)Ā 207Ā 510Ā 8600Ā
Ā
Jonathan Charles / Ed PortmanĀ
Conduit PRĀ
Tel: +44Ā (0)Ā 207Ā 429Ā 6611 / +44Ā (0)Ā 7791Ā 892Ā 509Ā
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