Empyrean Energy PLC
19 September 2007
Empyrean Energy PLC
('Empyrean' or the 'Company'; Ticker: (EME))
Sugarloaf Block B Project - Texas, USA
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Kennedy #1H
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Empyrean advises that the Kennedy #1H exploration well, located in the onshore
Gulf Coast Basin in Texas, USA, commenced drilling at 18:30 hours Texas time on
17 September 2007.
At report time (06:00 hours on 18 September 2007, Texas time) the well had
reached a depth of 565 feet in 17.5 inch diameter hole and was drilling ahead.
The proposed total depth of Kennedy#1H is 17,570 feet (5,360 metres) which
includes a horizontal section of approximately 5,000 feet (1,525 metres) to be
drilled through the Austin Chalk Formation at a vertical depth of approximately
12,000 feet. The zone to be targeted by this horizontal section is believed to
correlate with the producing section in the Sugarkane Field discovery well which
is located some 8 km to the west of Kennedy #1H.
On a trouble-free basis the prognosed drilling time for this well is about 45
days.
Sugarloaf-1 Well
Kennedy #1H is located some 1.6 km from the Sugarloaf-1 well where fraccing and
testing operations were commenced last week. Fracture stimulation of the deepest
of the three zones of gas shows and log interpreted potential gas pay in the
Cretaceous age Austin Chalk Formation was carried out on 11 September. The
fracture stimulation operation terminated early after a premature screen-out
halted pumping after only 6% of the planned proppant was placed in the
formation. The reason for the screen-out is not known.
Proppant in the well bore is presently being washed out by a work-over rig prior
to running tubing to test the zone. Some intermittent gas is being recovered
during this operation. The significance of the gas shows will not be known until
test operations are completed.
Further announcements will be made as results from this test become available.
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:
Jonathan Charles / Ed Portman
Conduit PR
Tel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509
Rod Venables / Cecil Jordaan
HB Corporate
Tel: +44(0) 207 510 8600
Empyrean Energy plc
Tel : +44(0) 207 182 1746
This information is provided by RNS
The company news service from the London Stock Exchange
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