21 Sep 2012 07:00
21 September 2012
Empyrean Energy PLC
("Empyrean" or the "Company"; Ticker: (EME))
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Sugarloaf Project : Onshore Texas, USA
Production and Operational Update
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Empyrean is pleased to provide the following production update for new wells completed recently:
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Production
The following is a summary of 30 day production data recently received for the following wells at the Sugarloaf Project:
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Working Interest | Total Gas Production (mmscf) | Total Condensate Production (bbls) | Average Daily Equivalent Oil Rate (boe/d)* | |
Davila 1H | 3.0% | 81.1 | 20,171 | 1123 |
Davila 2H | 3.0% | 80.1 | 20,319 | 1122 |
Forshage Howell 1H | 3.0% | 77.3 | 18,429 | 1043 |
Forshage Howell 2H | 3.0% | 79.5 | 18,269 | 1051 |
Forshage Howell 3H | 3.0% | 72.3 | 15,803 | 928 |
Imperila Unit 1H | 3.0% | 39.2 | 21,157 | 923 |
Imperila Unit 2H | 3.0% | 35.9 | 20,226 | 873 |
St Germain Imperial Unit 1H | 3.0% | 23.9 | 17,104 | 703 |
St Germain Imperial Unit 2H | 3.0% | 26.3 | 17,136 | 717 |
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\* The wells have had the Average Daily Equivalent Oil Rate recalculated on a simple 6:1 basis.
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All of the above wells commenced production during July.
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Further production results will be released as they come to hand.
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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.
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For further information
Empyrean Energy plcย
Tom Kelly
+618 9480 0111
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Shore Capital
Anita Ghanekar
Edward Mansfield
+44 (0) 207 408 4090
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