Sugarloaf Update Block B

RNS Number : 3611M

Empyrean Energy PLC

28 January 2009

 



28 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 27/01/09 the well had reached a depth of 15,685 ft. Gas readings have been maintained at 2,000 to 3,000 units and minor flares have continued to be observed.

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: [phone] 

Blue Oar Securities Plc

Olly Cairns / Jerry Keen

Tel: [phone] 

Jonathan Charles / Fiona Hyland

Conduit PR 

Tel: [phone] 

 

END

 

 

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