Sugarloaf Project Block B Upd

RNS Number : 0858K
Empyrean Energy PLC
13 April 2010
 

13 April 2010

Empyrean Energy PLC

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

Sugarloaf Project, ("Sugarloaf"), Block B, Texas USA

 

 

Empyrean is pleased to provide the following update on operations at the Sugarloaf  Project within the Sugarkane Gas & Condensate Field, Texas.

Easley-1H

Empyrean has been advised by the Operator, Hilcorp, that the rig up of fracture stimulation equipment has commenced for the planned Easley-1H well fracture stimulation operations. Approximately 3,000 ft of horizontal liner will be stimulated in a number of stages.  The fracture stimulation design is similar to that recently successfully applied to the Kennedy-1H and Weston-1H wells.  The well will be flowed to sales during cleanup.

Morgan-1H

The well was drilled to a Total Depth of 17,015 ft and production casing has been run and cemented across approximately 5,000 ft of reservoir section.  This well is to be fracture stimulated soon after the completion of fracture stimulation operations on the Easley-1H well.

Rancho Grande-1H 

This well was spudded on 25 March 2010 and as at 12 April had been drilled to a Total Depth of 16,957 ft. The length of the horizontal lateral drilled within the target reservoir is approximately 5,000 ft. The forward plan is to run and cement casing in the well followed by fracture stimulation in due course. As per the other Sugarloaf Project wells, Rancho    Grande-1H will be cleaned up and produced directly into sales upon conclusion of that operation.

 

A further announcement will be made as significant developments occur.

 

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: +618 9321 6988 

Astaire Securities  Plc

Shane Gallwey / Jerry Keen

Tel: +44 (0)207 448 4400


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