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Sugarloaf Update Block A

28 Oct 2008 07:00

RNS Number : 8141G
Empyrean Energy PLC
28 October 2008
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ο»Ώ

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

This information is provided by RNS
The company news service from the London Stock Exchange
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