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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
 
END
 
 
MSCSEASWEFSSEDF
Date   Source Headline
26th May 200912:20 pmRNSFinal Results
21st May 20097:00 amRNSHolding(s) in Company
6th May 20097:45 amRNSSugarloaf Block A Update
5th May 200910:10 amRNSFarmout Arrangement Entered For Block B
28th Apr 20097:25 amRNSHolding(s) in Company
22nd Apr 20097:00 amRNSHolding(s) in Company
7th Apr 20097:00 amRNSHolding(s) in Company
31st Mar 20093:53 pmRNSSalary sacrifice and grant of options
25th Mar 20098:54 amRNSIssue of Equity
25th Mar 20097:00 amRNSHolding(s) in Company
24th Mar 20097:00 amRNSHolding(s) in Company
20th Mar 20097:00 amRNSPlacing to raise ?350,000
19th Mar 20097:00 amRNSIssue of Equity
18th Mar 20097:31 amRNSHolding(s) in Company
24th Feb 20097:00 amRNSSugarloaf Update Block A
18th Feb 20097:00 amRNSSugarloaf Block B Update
11th Feb 20097:24 amRNSSugarloaf Update Block B
4th Feb 20097:35 amRNSSugarloaf Block B Update
4th Feb 20097:00 amRNSHolding(s) in Company
28th Jan 20097:00 amRNSSugarloaf Update Block B
27th Jan 20097:08 amRNSHolding(s) in Company
21st Jan 20097:00 amRNSSugarloaf Block B Update
14th Jan 20097:00 amRNSSugarloaf Update Block B
12th Jan 20091:46 pmRNSChange of Registered Office
12th Jan 20097:00 amRNSSugarloaf Block A Update
9th Jan 20098:00 amRNSProject Update
17th Dec 20083:55 pmRNSIssue of Equity
12th Dec 200812:01 pmRNSInterim Results
10th Dec 20087:47 amRNSSugarloaf Update Block B
25th Nov 20087:03 amRNSIssue of Equity
13th Nov 20087:00 amRNSSugarloaf Update Block A
12th Nov 20087:58 amRNSSugarloaf Update Block B
11th Nov 20087:00 amRNSSugarloaf Update Block A
4th Nov 20087:47 amRNSSugarloaf Update Block B
3rd Nov 20087:00 amRNSSugarloaf Update Block B
3rd Nov 20087:00 amRNSHolding(s) in Company
31st Oct 20087:00 amRNSSugarloaf Update Block A
29th Oct 20087:00 amRNSSugarloaf Update Block B
28th Oct 20087:00 amRNSSugarloaf Update Block A
22nd Oct 20087:01 amRNSSugarloaf Update Block B
15th Oct 20087:09 amRNSSugarloaf Update Block B
8th Oct 20087:21 amRNSSugarloaf Update Block B
2nd Oct 20087:00 amRNSSugarloaf Update Block A
1st Oct 20087:00 amRNSSugarloaf Block B Update
24th Sep 20087:00 amRNSSugarloaf Update Block B
17th Sep 20087:00 amRNSSugarloaf Update Block B
11th Sep 20087:00 amRNSSugarloaf Update Block A
10th Sep 200810:59 amRNSHolding(s) in Company
10th Sep 20087:00 amRNSSugarloaf Update Block B
20th Aug 20087:00 amRNSAppointment of Finance Direct

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