28 Oct 2008 07:00
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28 October 2008
Empyrean Energy PLCΒ
("Empyrean" or the "Company"; Ticker: (EME))
Sugarloaf Prospect,Β ("Sugarloaf"), Block A,Β Β TexasΒ USA
TCEI JV Block A-4 well testing commences
Empyrean Energy Plc, the oil and gas explorer and producer with assets inΒ GermanyΒ and theΒ USAΒ provides the following update on operations on Block A which is part of the Sugarkane Gas and Condensate Field:
TCEI JV Block A-4 WellΒ
Empyrean has been advised byΒ Texas Crude Energy Inc ("TCEI")Β thatΒ a coil tubing unit has arrived to the TCEI JV Block A-4 well in order to commence procedures to flow back and clean up the well to remove drilling fluids/mud and conduct a production flow test.
The well intersected at least 1500 feet of high gas readings and gas flares during drilling of the horizontal portion of the well in the target upper chalk zone. The operator has commenced drilling fluid clean up and flow back operations to recover drilling mud.
Empyrean has a working interest of 7.5% in this well.
Further updates will be providedΒ as flow test data is received over the coming days.
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.
For further informationΒ
Empyrean Energy plcΒ
Tom Kelly
Tel: +44(0)Β 207Β 182Β 1746
Blue Oar Securities Plc
OllyΒ CairnsΒ / Jerry Keen
Tel: (+61) 8 6430 1631 / (+44) 207 448 4400Β
Β
Conduit PRΒ
Jonathan Charles /Β Fiona Hyland
Tel: +44Β (0)Β 207Β 429Β 6611 / +44Β (0)Β 7791Β 892Β 509
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