Empyrean Regulatory News (EME)

21 Feb 2007 09:15

Empyrean Energy PLC21 February 2007 Empyrean Energy PLC ("Empyrean" or the "Company"; Ticker: (EME)) Sugarloaf-1 Well, Texas USA --------------------------- AIM quoted Empyrean Energy PLC today announces that the first part of thetesting program over the lower Hosston interval has been completed byperforating several zones. As per the program design, these zones were notfracture stimulated and no flow of gas was recorded. These zones were notfracture stimulated as they were interepreted to have porer reserviordevelopment than some of the zones in the upper Hosston sands - however theywere perforated to make certain that they were not productive. As envisaged in the original testing program, the next stage will involve theperforation and fracture stimulation of selected intervals of the upper Hosstonsands which are interpreted to have better potential reservoir development ascompared to the lower Hosston intervals. The fraccing program is currentlyscheduled to commence in early March. Further releases in relation to the Sugarloaf-1 testing program will be madeupon any material developments and results from these tests. The information contained in this announcement was completed and reviewed by theTechnical Director of Empyrean Energy Plc, Mr Frank Brophy BSc (Hons) who hasover 40 years experience as a petroleum geologist. For further information: Laurence Read/ Ed PortmanConduit PRTel: +44 (0) 207 429 6605/+44 (0) 7979955923 Empyrean Energy plcTel : +44(0) 207 182 1746 Imran Ahmad/ Rod Venables/ Cecil JordaanHB-CorporateTel: +44(0) 207 510 8600 This information is provided by RNS The company news service from the London Stock Exchange