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
9th Apr 20107:00 amRNSPlacing to raise ?1.5m
1st Apr 20101:03 pmRNSSugarloaf Project Block B Update
1st Apr 20107:35 amRNSConvertible Loan Facility
30th Mar 20107:40 amRNSRiverbend Project Quinn-3H Well Update
26th Mar 20107:37 amRNSHercules Prospect Update
25th Mar 20107:39 amRNSSugarloaf Project Block B Update
17th Mar 20107:42 amRNSAquarius Prospect, McMillan Well Update
17th Mar 20107:38 amRNSSugarloaf Project Block B Update
16th Mar 20102:33 pmRNSExercise of Options and Director Shareholdings
9th Mar 20107:41 amRNSBP America well reaches total depth on Hercules
9th Mar 20107:38 amRNSMcMillan Well spuds on the Aquarius Prospect
3rd Mar 20107:38 amRNSSugarloaf Project, Block B Update
24th Feb 20107:36 amRNSSugarloaf Project, Block B Update
23rd Feb 20107:42 amRNSHercules Prospect Update
19th Feb 20107:37 amRNSSugarloaf Project, Block B, Update
5th Feb 20108:08 amRNSSugarloaf Project Block B Update
4th Feb 20107:52 amRNSRiverbend Project, onshore Texas, USA
1st Feb 20107:38 amRNSSugarloaf Project Update
28th Jan 20107:34 amRNSSugarloaf Project Update
22nd Jan 20107:41 amRNSSugarloaf Project Update
15th Jan 20107:21 amRNSSugarloaf Project, Block B, Update
13th Jan 20109:00 amRNSRiverbend Project, onshore Texas, USA
7th Jan 20108:05 amRNSKowalik-1H update and new well preparations
30th Dec 20097:00 amRNSKowalik-1H Fracture Stimulation Program
23rd Dec 20098:23 amRNSSugarloaf Project, Block B, Texas USA
15th Dec 20097:39 amRNSParticipation in 10% of Aquarius Prject, Texas
10th Dec 20097:41 amRNSParticipation in 10% of Hercules Prospect, Texas
4th Dec 20093:21 pmRNSInterim Results
19th Nov 20097:00 amRNSSugarloaf Block B Update
16th Nov 20097:00 amRNSDrilling Report
10th Nov 20097:00 amRNSDrilling Report
30th Oct 20099:44 amRNSHolding(s) in Company
28th Oct 200910:01 amRNSHolding(s) in Company
6th Oct 20097:17 amRNSSugarloaf Block B Work Program
1st Oct 20099:01 amRNSHolding(s) in Company
21st Sep 20097:51 amRNSFarm-out of Block B Sugarloaf
18th Sep 20097:53 amRNSUpdate Eagle Oil Pool Development Project
10th Sep 200910:22 amRNSHolding(s) in Company
3rd Sep 20097:47 amRNSRiverbend Project commencement of operations
1st Sep 200910:43 amRNSHolding(s) in Company
17th Aug 20098:14 amRNSRiverbend Project update
13th Jul 200910:32 amRNSExercise of Options
8th Jul 200911:30 amRNSHolding(s) in Company
3rd Jul 20092:16 pmRNSResult of AGM
15th Jun 20097:00 amRNSChange of Name of Nominated Adviser and Broker
9th Jun 20099:59 amRNSHolding(s) in Company
8th Jun 20093:57 pmRNSNotice of AGM
4th Jun 20097:00 amRNSIssue of Equity
1st Jun 20098:19 amRNSPlacing of ?816,000, Farm-in to Riverbend Project
26th May 200912:20 pmRNSFinal Results

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.