Sugarloaf Block A Update

RNS Number : 2613X

Empyrean Energy PLC

24 June 2008

 



Empyrean Energy PLC 

('Empyrean' or the 'Company'; Ticker: (EME))

Sugarloaf Block A, Texas USA

• New horizontal well planned for Block A - the TCEI Block A-4 well. 

Empyrean, the AIM listed energy company with exploration and production assets in Germany and USA today announces the following on Block A at the Sugarloaf Project in Texas:

TCEI Block A-4 Well

Texas Crude Energy Inc ('TCEI') has advised that the operator of Block A is preparing for a new horizontal well to be drilled following the success of both the TCEI Block A-1 and A-3 wells. The new well is planned to be completed horizontally into the upper zone that has proved productive in the TCEI Block A-1 and A-3 wells.

The well is expected to commence as soon as the rig is able to finish drilling and mobilize from the well it is currently being used by the Block A operator to drill.

Empyrean will have a 7.5% working interest in this well.

A further announcement will be made when the well spuds.

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 

Tel: [phone] 

Rod Venables / Cecil Jordaan 

HB Corporate 

Tel: [phone] 

Jonathan Charles / Ed Portman 

Conduit PR 

Tel: [phone] 

 

END

 

 

DRLSELSMDSASEDM