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Last checked at 
19 May 2008 07:03
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Empyrean Energy PLCΒ
("Empyrean" or the "Company"; Ticker: (EME))
Sugarloaf Prospect,Β ("Sugarloaf"), Block B,Β TexasΒ USA
Empyrean, the AIM listed oil and gas explorer and producer with assets inΒ GermanyΒ andΒ USAΒ today announces the following:
Β
Kennedy #1Β WellΒ
Empyrean has been advised by Texas Crude Energy InternationalΒ (''TCEI''), the operator of Block B on the Sugarkane Gas and Condensate field, that the reservoir stimulation program on the Kennedy #1 well commenced on 14 May, 2008 with the hydraulic fracture stimulation (''frac'') of an approximately 600 feet long zone at the end of the horizontal section of the well.
The fracΒ operationΒ went according to plan and as at 6amΒ TexasΒ time on 18Β May a total of 940 bbls of frac fluid had been recoveredΒ from the well with approximatelyΒ 4,480Β bbls still to be recovered. In addition to the frac fluid about 30 bbls of condensate and minor gasΒ has also been recovered. The significance of the condensate and gas recoveries and the implication for potential flow ratesΒ will not be known until all frac fluids have been unloaded.Β
A completion rig arrived on site over the weekend toΒ run production tubing which will facilitate the unloading process.Β This is likely to take several days.
Further updates will be provided following developments.Β
The informationΒ contained in this announcement was completed and reviewed by the Technical Director ofΒ Empyrean Energy Plc, Mr Frank Brophy BSc (Hons) who has over 40 years experience as a petroleum geologist.
For further information:Β
Empyrean Energy plcΒ
Tel: +44(0) 207 182 1746Β
Β
Rod Venables / Cecil JordaanΒ
HB CorporateΒ
Tel: +44(0) 207 510 8600Β
Β
Jonathan Charles / Ed PortmanΒ
Conduit PRΒ
Tel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509Β
Β
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