Empyrean Energy PLC
31 March 2006
31 March 2006
Empyrean Energy PLC
('Empyrean' or the 'Company'; Ticker: (EME))
Drilling Update
AIM quoted Empyrean Energy PLC today announces the following update on the Eagle
North-1 well, California, USA:
Victoria Petroleum NL as operator for the Eagle North-1 well has advised that at
at 0600 hours Central Pacific Time today, that current operations at the Eagle
North-1 horizontal well was tripping at 4,032 metres (13,230 feet) to change the
drill bit and bottom hole assembly to drill ahead after having milled a new
window in the casing at 4,028 metres (13,215 feet) and drilled new formation to
4,032 metres (13,230 ft).
An evaluation of the drilling difficulties previously experienced have resulted
in a revision of the horizontal drilling plan and the adoption of a conservative
medium radius curve to achieve the horizontal well path into the target oil
sands.
This has required a new horizontal well to commence from a measured depth of
4,028 metres (13,215 feet) in the vertical Eagle North-1 well bore.
Further technical details are in the annexure to this announcement.
A further update will be made as information becomes available.
Executive Director - Tom Kelly commented 'This is a very exciting time for our
company and we hope that testing can proceed smoothly from here as the delays
have been due to mechanical problems and do not diminish the technical merit of
the project.'
The information contained in this announcement and annexure 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
Laurence Read/ Angus Prentice Toby Howell ChrisLambert
Conduit PR HB-Corporate Empyrean Energy plc
Tel: +44 (0) 207 429 6603 Tel: +44(0)207 510 8600 Tel : +44(0) 207 932 2442
Mob: +44 (0) 7974 982 512
Annexure
Using a less severe curve approach, which was successful in achieving a
horizontal well path in the previous Eagle-1 well, it is believed that the
objective of completing an oil producing horizontal well in the oil bearing
sands between Eagle North-1 and Mary Bellochi-1 will be achieved.
During the drilling of the horizontal well a 41/2 inch liner is planned to be
run as an intermediate step to case off the Kreyenhagen shale at a measured
depth of 4,252 metres (13,950 feet).
With the setting of the Kreyenhagen Shale behind the 41/2 inch liner the
Gatchell target oil sands will be drilled with a normal pressured water based
KCL-Clarizan mud minimising formation invasion and maximing the evaluation of
the oil bearing potential of the oil sand.
Following setting of the intermediate 41/2 inch liner which will put the
Kreyenhagen Shale behind pipe, a 3 3/4 inch horizontal well bore will then be
drilled over a distance of 320 metres to within 30 metres of the Mary
Bellocchi-1 oil well. This horizontal well bore will then be completed for
production with a 2 7/8 inch slotted production liner.
This information is provided by RNS
The company news service from the London Stock Exchange
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