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
13th Dec 20177:14 amRNSDirector Retirement
12th Dec 20173:15 pmRNSInterim Results
11th Dec 20179:46 amRNSDempsey and Sacramento Basin Q&A report
8th Dec 20177:57 amRNSDempsey 1-15 well production update
4th Dec 20177:38 amRNSDempsey Gas well update
14th Nov 20177:28 amRNSDempsey Gas Well Update
1st Nov 20177:12 amRNSDempsey Gas Well Update
4th Oct 20177:00 amRNSDempsey Gas Well Update
28th Sep 201712:26 pmRNSNew Company Website
18th Sep 20177:45 amRNSDempsey Gas Well to Flow Test Multiple Zones
13th Sep 20177:23 amRNSFurther Significant Gas Shows at Dempsey
12th Sep 201710:00 amRNSHolding(s) in Company
11th Sep 20171:03 pmRNSResults of AGM
11th Sep 201710:08 amRNSCorporate Presentation
8th Sep 20177:29 amRNSSignificant Gas Shows at Dempsey 1-15 Well
7th Sep 20177:00 amRNSSeismic Data Results Exceed Expectations
4th Sep 20177:26 amRNSSignificant Gas Shows Continue at Dempsey
1st Sep 20177:11 amRNSHolding(s) in Company
31st Aug 20177:22 amRNSSignificant Gas Shows Continue at Dempsey
30th Aug 20178:21 amRNSSignificant Gas Shows in reservoir at Dempsey
29th Aug 20177:00 amRNSSignificant Gas Shows
23rd Aug 20177:25 amRNS3D survey Completed in Block 29/11 Offshore China
21st Aug 20177:51 amRNSDempsey 1-15 Natural Gas Well Drilling Update
18th Aug 201710:17 amRNSPosting of Annual Report and Notice of AGM
15th Aug 20171:30 pmRNSFinal Results
14th Aug 20177:20 amRNSDempsey 1-15 Natural Gas Well Drilling Update
9th Aug 20177:20 amRNSDempsey 1-15 Natural Gas Well Drilling Update
3rd Aug 20177:37 amRNS1Tcf+ Dempsey Natural Gas Well Drilling Ahead
2nd Aug 20173:30 pmRNSRaises £1,000,000 before costs at 8.5p per share
1st Aug 20178:01 amRNSDrilling to commence at Dempsey Well, California
20th Jul 20177:47 amRNSOperations Update for 1+ Tcf Dempsey Gas Well
10th Jul 20177:02 amRNSDrilling Contract Signed for 1Tcf+ Dempsey Well
6th Jul 20177:10 amRNSDrilling Permit Granted for 1Tcf+ Dempsey Well
5th Jul 20178:09 amRNSCompletion of Mako Well and Stabilised Flow Rates
28th Jun 20177:38 amRNSMako South-1 Gas Flow Test Results
26th Jun 20177:48 amRNSMako South-1 Well Drilling and Testing Update
21st Jun 20177:53 amRNSIncreased interest in Sacramento Basin Projects
20th Jun 20175:31 pmRNSEmpyrean raises £660,000
19th Jun 201711:15 amRNSHolding(s) in Company
19th Jun 20178:17 amRNSMako South-1 Well Drilling Update
16th Jun 20177:45 amRNSProjects Update
15th Jun 20179:11 amRNSOperational Presentation
15th Jun 20178:00 amRNSHolding(s) in Company
14th Jun 20179:16 amRNSAppointment of Board Director
13th Jun 201711:10 amRNSPlacing and Option Exercise to Advance Portfolio
13th Jun 201710:00 amRNSOption Amendment
8th Jun 201711:00 amRNS3D Survey Commences on Block 29/11, China
30th May 201712:30 pmRNSProjects Update
15th May 20171:43 pmRNSMulti Project Farm-In, Sacramento Basin,California
15th May 20179:30 amRNSDirector/PDMR Shareholding

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.