Empyrean Energy PLC
31 October 2007
31 October 2007
Empyrean Energy PLC
('Empyrean' or the 'Company'; Ticker: (EME))
Sugarloaf Prospect, ('Sugarloaf'), Block B, Texas USA
Kennedy #1H Well
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Empyrean Energy Plc advises that at 6am Texas time on 30 October the Kennedy-1H
exploration well had reached a measured depth of 14,664 feet (4,469 metres). The
planned measured depth of this well is 17,570 feet.
Drilling progress during the week was affected by the need to replace parts of
the bottom hole assembly and to re-log the well for correlation and steering
purposes. Drilling is expected to re-commence shortly.
Background gas levels whilst drilling in the Austin Chalk upper target zone have
increased from our last report and are mostly in the range of 40 to 300 units.
The commercial significance of the gas background readings whilst encouraging
will not be known until testing operations are completed.
Sugarloaf-1 Well
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Since our last report flow test operations of the lower most Austin Chalk
interval were completed and current operations are to prepare the well bore for
the acquisition of post frac logs. The forward program and timing in relation to
testing the other remaining Austin Chalk zones in this well will be disclosed
pending a full assessment of the logs and flow test results.
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.
Jonathan Charles / Ed Portman
Conduit PR
Tel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509
Rod Venables / Cecil Jordaan
HB Corporate
Tel: +44(0) 207 510 8600
Empyrean Energy plc
Tel : +44(0) 207 182 1746
This information is provided by RNS
The company news service from the London Stock Exchange
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