Sugarloaf Block B Update

RNS Number : 9840L

Empyrean Energy PLC

21 January 2009

 



21 January 2009

Empyrean Energy PLC 

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

Sugarloaf Project, ('Sugarloaf'), Block A & B, Texas USA

Empyrean Energy Plc, the oil and gas explorer and producer with assets in Germany and the USA, provides the following update on operations on the Sugarloaf Project which is part of the Sugarkane Gas and Condensate Field:

Weston-1H

Empyrean has been advised by the Operator Texas Crude Energy Inc (TCEI) that at 6am Texas time on 20 January 2009 the well had reached a measured depth of 14,978 ft.  Gas readings have increased since entering into the chalk with a maximum daily average reading of 3100 gas units. Minor flares have been observed whilst drilling and circulating.

The well is targeting the upper chalk interval that has produced gas and condensate in Block A and also the Kowalik-1H well.

Empyrean has a 6% interest in the Weston-1H well.

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 

Tom Kelly

Tel: + 61 89321 6988

Blue Oar Securities Plc

Olly Cairns / Jerry Keen

Tel: [phone] 

Jonathan Charles / Fiona Hyland

Conduit PR 

Tel: [phone] 

 

END

 

 

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