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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
28th Sep 20079:25 amRNSSugarloaf - Press Comment
27th Sep 20077:23 amRNSSugarloaf Update
19th Sep 20077:32 amRNSSugarloaf Block B Update
14th Sep 20077:03 amRNSParticipation Agreement
12th Sep 20078:39 amRNSDrilling Update
5th Sep 20071:28 pmRNSSugarloaf - ASX Presentations
3rd Sep 200710:18 amRNSHolding(s) in Company
31st Aug 200710:19 amRNSTotal Voting Rights
29th Aug 20077:00 amRNSSugarloaf Block A Update
24th Aug 20072:05 pmRNSSugarloaf Prospect Update
17th Aug 20072:15 pmRNSWebsite Compliance
15th Aug 20077:44 amRNSSugarloaf Prospect Update
14th Aug 200711:06 amRNSHolding(s) in Company
9th Aug 20079:25 amRNSProject Margarita Update
6th Aug 20078:51 amRNSProject Margarita Update
31st Jul 20073:05 pmRNSExercise of Warrants
26th Jul 200711:05 amRNSHolding(s) in Company
25th Jul 20079:20 amRNSSugarloaf Block A Update
23rd Jul 200711:02 amRNSHolding(s) in Company
17th Jul 20077:57 amRNSProject Margarita Update
13th Jul 20079:21 amRNSClimaco Prospect Spudded
11th Jul 20078:24 amRNSSugarloaf Prospect Update
9th Jul 20073:49 pmRNSChange of Registered Office
9th Jul 20073:46 pmRNSHolding(s) in Company
3rd Jul 20079:45 amRNSDrilling Report
3rd Jul 20078:38 amRNSDirectorate Change
2nd Jul 20073:17 pmRNSHolding(s) in Company
28th Jun 20079:41 amRNSProject Margarita Update
28th Jun 20079:25 amRNSGrant of Options
27th Jun 20078:28 amRNSSugarloaf Update
25th Jun 20078:51 amRNSProject Margarita Update
21st Jun 20079:13 amRNSDrilling Update
18th Jun 200710:00 amRNSMargarita Update
6th Jun 20071:34 pmRNSProject Margarita Update
6th Jun 20071:24 pmRNSProject Margarita Amend
5th Jun 20077:19 amRNSProject Margarita Update
23rd May 200712:16 pmRNSAGM Statement
21st May 20078:02 amRNSProject Margarita Update
17th May 200710:32 amRNSHolding(s) in Company
10th May 20078:36 amRNSIncreased interest -Sugarloaf
4th May 20074:26 pmRNSHolding(s) in Company
1st May 20072:45 pmRNSAnnual Report and Accounts
1st May 20071:48 pmRNSNotice of AGM
24th Apr 20077:22 amRNSSugarloaf Update
20th Apr 200711:54 amRNSHolding(s) in Company
18th Apr 20079:51 amRNSDrilling Report
29th Mar 20077:55 amRNSHolding(s) in Company
23rd Mar 20079:05 amRNSDirector/PDMR Shareholding
19th Mar 200711:16 amRNSProject Margarita Update
12th Mar 20078:00 amRNSSugarloaf-1 Update

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