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Last checked at 
20 Aug 2008 07:00
20 August 2008
Empyrean Energy PLC
("Empyrean" or the "Company"; Ticker: (EME))
Sugarloaf Prospect, ("Sugarloaf"), Block B, Texas USA
Empyrean Energy Plc, the oil and gas explorer and producer with assets in Germany and the USA, provides the following update on operations on Block B which is part of the Sugarkane Gas and Condensate Field:
Kowalik #1H Well
Empyrean has been advised by the operator of the Sugarloaf AMI, Texas Crude Energy Inc ("TCEI"), that as of 06:00hrs 19/08/08 (US CST) the Kowalik #1H pilot hole had been logged and plugged back. The logs from this step out well have shown the expected correlation to previous wells. The pilot hole is presently being sidetracked and will then be built to near horizontal by the top of the target chalk formation, at which point production casing will be run. Thereafter, the remaining build section will be completed and the horizontal wellbore will target the upper pay interval that has successfully produced in the TCEI JV Block A-1 and A-3 wells.
Further updates will be provided following developments.
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 information contact:
Empyrean Energy plc
Tel: +44(0) 207 182 1746
Blue Oar Securities Plc
Olly Cairns / Jerry Keen
Tel: (+61) 8 6430 1631 / (+44) 207 448 4400
Jonathan Charles / Sarah Alexander
Conduit PR
Tel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509
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