Sugarloaf Block B Update

Empyrean Energy PLC
07 May 2008


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

             Sugarloaf Prospect, ('Sugarloaf'), Block B, Texas USA
             -----------------------------------------------------

Empyrean, the AIM listed oil and gas explorer and producer with assets in
Germany and USA today announces the following:

Kennedy #1 Well

Empyrean is pleased to announce that it has been advised by Texas Crude Energy
International ('TCEI'), the operator of Block B on the Sugarkane Gas and
Condensate Field, that preparations for fracture operations have commenced on
the Kennedy #1 well.

The well has been completed with a 4 1/2' cemented liner with an effective total
depth of 16,530 feet. The liner has been previously cleaned out and by 06:00 hrs
on 6th May 2008 (US CST) four intervals in the deepest quarter of the hole had
been perforated using coiled tubing and a tractor assembly.

The well has now been shut in with down hole gauges for pressure monitoring
until final preparations start later this week for the fracture operations.  The
fracture stimulation is presently scheduled to commence on Friday 9th May,
depending on equipment availability.

Vertical wells drilled so far at Sugarloaf (Sugarloaf-1 well & TCEI Block A-2
well) have intersected three broad potential pay zones whilst drilling. These
can be broadly categorised into 'upper', 'middle' and 'lower' potential pay
zones. The 80 feet thick upper pay zone has now been proven productive with the
TCEI Block A-1 and A-3 wells. The 120 feet thick middle potential pay zone has
not yet been flow tested. The bottom part of this zone is expected to be tested
by the TCEI Block A-2 vertical well. The 50 feet thick lower potential pay zone
has been proven to contain gas and condensate (during initial testing at
Sugarloaf-1) but has not yet proven commercial.

Recent analysis of the Kennedy #1 well suggests that the horizontal portion of
the well predominantly drilled a deeper chalk zone (i.e. the middle potential
pay zone) in addition to the upper zone that is producing gas and condensate
from the TCEI Block A-1 and A-3 wells. The perforations are expected to test the
top part of the middle potential pay zone. A successful test of this middle
potential pay zone, either from the Kennedy #1 well or the TCEI Block A-2
vertical well, may provide significant additional potential recoverable
reserves. If the middle potential pay zone is not productive it does not affect
the potential of the upper zone that is already producing from the TCEI Block
A-1 and A-3 wells.

Empyrean has a 7.5% working interest in the TCEI Block A-1, A-2 and A-3 wells.
In addition it has a 6% working interest in the Sugarloaf-1 well and a 18%
working interest in the Kennedy #1 well on Block B.

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.

For further information:

Empyrean Energy plc
Tel: [phone]

Rod Venables / Cecil Jordaan
HB Corporate
Tel: [phone]

Jonathan Charles / Ed Portman
Conduit PR
Tel: [phone]





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