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Sugarloaf Project Update

22 Jan 2010 07:41

RNS Number : 9705F
Empyrean Energy PLC
22 January 2010
 

22 January 2010

Empyrean Energy PLC 

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

Sugarloaf Project, ("Sugarloaf"), Block B, Texas USA

Kennedy-1H well Fracture stimulation commenced on schedule.

Easley-1H well has spudded.

Kennedy-1H - Fracture Stimulation Program

Empyrean has been advised by the Operator, Texas Crude Energy Inc ("TCEI"), that the fracture stimulation operations at Kennedy-1H commenced as scheduled on Monday 18th January. The operations thus far have been executed as planned with the fourth stimulation stage out of fourteen underway early on the morning of Thursday 21st January local time. It is expected that the stimulations will be completed next week and thereafter the isolating plugs that are set in-between each stimulation stage will be drilled out with coiled tubing and the well will be flowed back to sales. 

Easley-1 H - Commencement of Drilling

TCEI have also advised Empyrean that the Patterson #150 drilling unit has now completed rig-up and the Easley-1H well was spudded on Thursday 21st January. The well is scheduled to include a vertical pilot hole from which additional data on the Eagle Ford Shale will be gathered. The well has been designed with a 4,000 ft horizontal section and will access both the Austin Chalk horizon, which is locally prevalent within the Sugarkane Field and the Eagle Ford Shale when it is subsequently stimulated. The well is located approximately 2km to the north east of the Weston-1H well. The Easley-1H well will be the first new well to be drilled under the farmin agreement with Hilcorp Energy within the Sugarloaf AMI.

A further announcement will be made as significant developments occur.

For further information 

Empyrean Energy plc 

Tom Kelly

Tel: +618 9321 6988 

Astaire Securities  Plc

Shane Gallwey / Jerry Keen

Tel: +44 (0)207 448 4400 

This information is provided by RNS
The company news service from the London Stock Exchange
 
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MSCSEASWEFSSEDF
Date   Source Headline
23rd Dec 20107:00 amRNSHalf Yearly Report
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
23rd Nov 20107:27 amRNSSugarloaf Project ("Sugarloaf") Block B, Texas USA
18th Nov 20109:01 amRNSDraw down of Convertible Loan Facility
18th Nov 20107:00 amRNSChange of Adviser
9th Nov 20107:39 amRNSHercules Prospect, onshore Texas
5th Nov 20107:30 amRNSRiverbend Project, onshore Texas
3rd Nov 20107:00 amRNSNominated adviser and broker change of name
28th Oct 20101:09 pmRNSHolding(s) in Company
26th Oct 20108:58 amRNSSugarloaf Project - Update
26th Oct 20108:58 amRNSSugarloaf Project - Update
26th Oct 20107:00 amRNSCompany Secretary and Principal Office Change
26th Oct 20107:00 amRNSCompany Secretary and Principal Office Change
22nd Oct 20109:55 amRNSConvertible Loan Facility
22nd Oct 20109:55 amRNSConvertible Loan Facility
22nd Oct 20107:28 amRNSHercules Prospect, onshore Texas
22nd Oct 20107:28 amRNSHercules Prospect, onshore Texas
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
5th Aug 20107:41 amRNSSugarloaf Project Block B Update
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
23rd Jun 201010:16 amRNSResult of AGM
17th Jun 20107:58 amRNSHercules Prospect Update
8th Jun 20107:37 amRNSSugarloaf Project Block B Update
4th Jun 20107:00 amRNSSugarloaf Project Block B Update
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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