Less Ads, More Data, More Tools Register for FREE

Pin to quick picksEmpyrean Regulatory News (EME)

Share Price Information for Empyrean (EME)

Share Price is delayed by 15 minutes
Get Live Data
0.0575    0.00 (0.00%)
Bid:
0.055
Ask:
0.06
Spread: 0.005 (9.091%)
Market Cap: £3.29m
EME Live PriceLast checked at - London Stock Exchange

Intraday Empyrean Share Chart

Sugarloaf Update Block A

24 Feb 2009 07:00

RNS Number : 7712N
Empyrean Energy PLC
24 February 2009
 



24 February 2009

Empyrean Energy PLC 

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

Sugarloaf Prospect, ("Sugarloaf"), Block A, Texas USA

Block A-3 and A-4 wells placed on production to sales 

Combined flow rates from both wells averaged 5.8 million cubic feet of gas per day and 680 barrels of condensate per day for the seven days up to 21st February

Empyrean Energy Plc, the oil and gas explorer and producer with assets in Germany and the USA, is pleased to provide the following update on operations on Block A which is part of the Sugarkane Gas and Condensate Field:

TCEI JV Block A-3 Well 

Empyrean has been advised by Texas Crude Energy Inc ("TCEI") that the TCEI JV Block A-3 well commenced flowing to sales on the 14th February after having a water and surfactant flush treatment. 

The well achieved average flow rates for the seven days up to and including 21st February, 2009 of 1.7 million cubic feet of gas per day and 280 barrels of condensate per day. 

TCEI JV Block A-4 Well 

TCEI also advised that the TCEI JV Block A-4 well commenced flowing to sales on the 14th February after having an acid fracture stimulation performed. 

The well achieved average flow rates for the seven days up to and including 21st February, 2009 of 4.1 million cubic feet of gas per day and 400 barrels of condensate per day. 

Empyrean has a working interest of 7.5% in both of these wells.

Commenting today Empyrean director Tom Kelly said: "Empyrean is very pleased that these wells have now had production facilities completed and have been connected to the sales pipeline. We now have production from all three horizontal wells on Block A, with two vertical wells undergoing further testing."

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 information 

Empyrean Energy plc 

Tom Kelly

Tel: +618 9321 6988 

 

Blue Oar Securities Plc

Olly Cairns / Jerry Keen

Tel: (+61) 8 6430 1631 / (+44) 207 448 4400 

 

Jonathan Charles / Fiona Hyland

Conduit PR 

Tel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509 

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

Due to London Stock Exchange licensing terms, we stipulate that you must be a private investor. We apologise for the inconvenience.

To access our Live RNS you must confirm you are a private investor by using the button below.