Sign In
Last checked at 
10 Sep 2008 07:00
10 September 2008
Empyrean Energy PLC
("Empyrean" or the "Company"; Ticker: (EME))
Sugarloaf Prospect, ("Sugarloaf"), Block B, Texas USA
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 at the Kowalik #1H well on Block B within the Sugarloaf AMI, which is part of the Sugarkane Gas and Condensate Field:
Kowalik #1H Well
Empyrean has been advised by the operator of the Sugarloaf AMI, Texas Crude Energy Inc ("TCEI"), that as at 6am Texas time on 9 September 2008 the well was drilling ahead in near horizontal hole within the target upper part of the Austin Chalk at a measured depth of 13.385 feet. Approximately 1,400 feet of horizontal hole has now been drilled with total gas recorded in the range 300 to 700 units - up from a background of approximately 200 units. A small intermittent gas flare has been observed over the latest approximately 100 feet of drilling.
The horizontal section to be drilled is planned to be approximately 6,000 feet in length and is targeting the upper pay interval that has been reported as successfully producing gas and condensate in Block A (TCEI JV Block A-1 and A-3 wells).
Empyrean has an 18% working interest in this well.
Further updates will be provided following developments.
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: +44(0) 207 182 1746
Blue Oar Securities Plc
Olly Cairns / Jerry Keen
Tel: (+61) 8 6430 1631 / (+44) 207 448 4400
Conduit PR
Jonathan Charles / Sarah Alexander
Tel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509
Follow the stocks
