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Sugarloaf Project Block B Update

21 May 2010 07:21

RNS Number : 3232M
Empyrean Energy PLC
21 May 2010
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21st May 2010

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Empyrean Energy PLC

('Empyrean' or the 'Company', (EME))

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Sugarloaf Project, Block B, onshore Texas, USA.

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SUGARLOAF PROJECT OPERATIONS UPDATE

Empyrean Energy Plc is pleased to provide the market with the following update on operations on Block B at the Sugarloaf Project:

Rancho Grande-1H

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Empyrean has been advised by the Operator that the multi-stage fracture stimulation operation of the Rancho Grande-1H well commenced on 17th May 2010 and is now well underway. The operational design of the fracture stimulation is similar to that carried out successfully on the Morgan-1H and Easley-1H wells. Following completion of this operation the well will be flowed directly to sales.

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Rancho Grande-1H is the third of three new wells required to be drilled and stimulated under the Hilcorp farmin arrangements at the Sugarloaf Project.

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A further announcement will be made once the stimulation is completed and the well has achieved a stabilised flow.

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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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Contact:

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Tom Kelly Empyrean Energy Plc Tel: +618 93216988

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Nominated Adviser and Broker:

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Jerry Keen Astaire Securities Plc Tel: +44 (0) 20 7448 4400

Shane Gallwey Astaire Securities Plc Tel: +44 (0) 20 7448 4400

This information is provided by RNS
The company news service from the London Stock Exchange
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DRLUAUNRRRAVURR
Date   Source Headline
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20th Dec 20107:25 amRNSSugarloaf Project Operations Update
10th Dec 201011:01 amRNSSugarloaf Project Operations and Production Update
29th Nov 20107:00 amRNSSugarloaf Project, ("Sugarloaf"), Block B, Texas
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22nd Oct 20109:55 amRNSConvertible Loan Facility
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14th Oct 20107:41 amRNSSugarloaf Project Block B Update
23rd Sep 20107:24 amRNSSugarloaf Project Block B Update
13th Sep 20109:16 amRNSHolding(s) in Company
13th Sep 20107:29 amRNSRiverbend Project Update
8th Sep 20107:00 amRNSSugarloaf Project Block B Update
6th Sep 20107:05 amRNSHercules Prospect, BP America Well Update
20th Aug 20107:15 amRNSRiverbend Project Update
13th Aug 20107:45 amRNSSugarloaf Project Block B Update
13th Aug 20107:41 amRNSBulletin Board investigation
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15th Jul 20107:43 amRNSSugarloaf Project Block B Update
6th Jul 20107:58 amRNSSugarloaf Project Block B Update
2nd Jul 20107:55 amRNSSugarloaf Project Block B Update
28th Jun 201012:11 pmRNSDirector/PDMR Shareholding
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17th Jun 20107:58 amRNSHercules Prospect Update
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1st Jun 20107:52 amRNSCartwright No.1 well spuds
28th May 201011:30 amRNSGrant of Options
28th May 20107:00 amRNSNotice of AGM
28th May 20107:00 amRNSFinal Results
21st May 20107:21 amRNSSugarloaf Project Block B Update
5th May 20107:20 amRNSSugarloaf Project Block B Update
4th May 20108:08 amRNSSugarloaf Project Block B Update
4th May 20108:05 amRNSGlantal Project
22nd Apr 20107:38 amRNSSugarloaf Project Block B Update
19th Apr 20107:58 amRNSSugarloaf Project Block B Update
14th Apr 20108:45 amRNSFurther Placing brings total raise to ?3.6 million
13th Apr 20107:42 amRNSSugarloaf Project Block B Update
9th Apr 201011:44 amRNSPlacing to raise ?1.5m announcement replacement

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