Empyrean Energy PLC
11 October 2006
Empyrean Energy PLC
('Empyrean' or the 'Company'; Ticker: (EME))
Sugarloaf Hosston Prospect, Texas USA
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AIM quoted Empyrean Energy PLC today announces that at 6am Texas time on 10th of
October 2006 the Sugarloaf-1 exploration well, located in the onshore Gulf Coast
Basin in Texas, USA, was at a depth of 15,581 feet (4,750 meters) and the
operator was drilling ahead in 8-1/2 inch hole.
Since the last report, the operator had drilled out of casing at 14,480 feet
(4,415 meters) and after completing a satisfactory formation integrity test,
drilling has advanced to the present depth.
The top of the primary target, the Hosston Formation, is expected at about
17,000 feet (5,183 meters) and assuming trouble-free drilling, is anticipated to
be reached in late October. The proposed total depth of the well in 21,000 feet
(6,400 meters).
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
Angus Prentice/Laurence Read
Conduit PR
Tel: +44 (0) 207 429 6603
Mob: +44 (0) 79974 982512
Empyrean Energy plc
Tel : +44 (0) 207 932 2442
Imran Ahmad/ Cecil Jordaan
HB-Corporate
Tel: +44(0) 207 510 8600
This information is provided by RNS
The company news service from the London Stock Exchange
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