Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEmpyrean Regulatory News (EME)

Share Price Information for Empyrean (EME)

Share Price is delayed by 15 minutes
Get Live Data
0.0575    0.00 (0.00%)
Bid:
0.055
Ask:
0.06
Spread: 0.005 (9.091%)
Market Cap: £3.29m
EME Live PriceLast checked at - London Stock Exchange

Intraday Empyrean Share Chart

Sugarloaf Block B Update

4 Feb 2009 07:35

RNS Number : 7575M
Empyrean Energy PLC
04 February 2009
 



4 February 2009

Empyrean Energy PLC 

("Empyrean" or the "Company"; Ticker: (EME))

Sugarloaf Project, ("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 the Sugarloaf Project which is part of the Sugarkane Gas and Condensate Field:

Weston-1H

Empyrean has been advised by the Operator Texas Crude Energy Inc (TCEI) that on 2 February 2009 the well remains at a measured depth of 15,685 ft.

 

A short length of the drilling assembly became stuck between the casing shoe and top of the Austin Chalk and standard fishing operations are presently underway. Once resolved the forward plan is to run and cement a production liner at this depth which will secure approximately 3,000 ft of horizontal hole within the Austin Chalk. 

 

The well continues to exhibit indications of gas charge, with gas readings of 2,000 units and flares of up to 60 ft observed when circulating out the well following shut in periods.

The well is targeting the upper chalk interval that has produced gas and condensate in Block A and also the Kowalik-1H well.

Empyrean has a 6% interest in the Weston-1H well.

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 

Empyrean Energy plc 

Tom Kelly

Tel: +618 9321 6988 

 

Blue Oar Securities Plc

Olly Cairns / Jerry Keen

Tel: (+61) 8 6430 1631 / (+44) 207 448 4400 

 

Jonathan Charles / Fiona Hyland

Conduit PR 

Tel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509 

This information is provided by RNS
The company news service from the London Stock Exchange
 
END
 
 
DRLSSDSWLSUSEDE
Date   Source Headline
5th Jun 20268:47 amRNSExecution of Mako Offshore Drilling Rig Contract
8th May 202610:07 amRNSMako Gas Project Update
30th Apr 20268:43 amRNSMako Gas Project Update
14th Apr 20261:51 pmRNSConvertible Note Amendment
3rd Mar 20267:00 amRNSFinal Investment Decision Approved
27th Feb 20267:00 amRNSCEO Appointment and Board Composition Review
23rd Feb 20268:10 amRNSCash Call dispute Settlement Finalised
13th Feb 20267:00 amRNSChange of Registered Office Address
30th Jan 20267:00 amRNSDuyung PSC Update
11th Dec 20258:59 amRNSInterim Results
19th Nov 20258:00 amRNSConrad Secures Farm Down and Funding for Mako
18th Nov 20258:06 amRNSDuyung PSC Update
13th Nov 20259:26 amRNSHolding(s) in Company
11th Nov 202511:42 amRNSDuyung PSC Update
30th Oct 202510:42 amRNSHolding(s) in Company
30th Sep 20252:19 pmRNSResults of Annual General Meeting
22nd Sep 20257:00 amRNSHolding(s) in Company
3rd Sep 20252:11 pmRNSPosting of Notice of Annual General Meeting
2nd Sep 20251:39 pmRNSHolding(s) in Company
1st Sep 20251:30 pmRNSFinal Results
1st Sep 20251:26 pmRNSHolding(s) in Company
29th Aug 20258:22 amRNSHolding(s) in Company
27th Aug 20259:54 amRNSHolding(s) in Company
26th Aug 20257:00 amRNSPassing Of Tom Kelly, Managing Director/CEO
29th Jul 202512:08 pmRNSHolding(s) in Company
21st Jul 20259:12 amRNSFundraising
21st Jul 20257:00 amRNSHolding(s) in Company
21st Jul 20257:00 amRNSFundraising
17th Jul 20258:47 amRNSGas Sale Agreement Signed with PLN EPI
4th Jun 20253:40 pmRNSHolding(s) in Company
21st May 20254:47 pmRNSHolding(s) in Company
14th May 20258:28 amRNSWilson River-1 DST Operations Results
1st May 20259:27 amRNSResult of Retail Offer
28th Apr 20259:20 amRNSRetail Offer
28th Apr 20259:14 amRNSFundraising
25th Apr 20259:29 amRNSDST operations to commence early May
10th Apr 20257:00 amRNSHolding(s) in Company
2nd Apr 20257:00 amRNSDST to be conducted over potential oil zone
31st Mar 20259:30 amRNSHolding(s) in Company
25th Mar 20257:04 amRNSWilson River-1 Drilling Update
17th Mar 20257:00 amRNSHolding(s) in Company
14th Mar 20257:14 amRNSDrilling of Wilson River-1 well commences
12th Mar 20257:00 amRNSMako PSC Revised Gas Sales Arrangements
11th Mar 20257:00 amRNSWilson River-1 drill preparations update
10th Mar 202510:44 amRNSResults of General Meeting
7th Mar 20257:00 amRNSWilson River-1 Farm in Agreement signed
18th Feb 20257:00 amRNSPosting of Notice of General Meeting
17th Feb 20259:51 amRNSWilson River-1 well update
11th Feb 20257:00 amRNS£625,000 Placing
6th Feb 20251:49 pmRNSHolding(s) in Company

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.