Empyrean Energy PLC
27 February 2006
Empyrean Energy PLC
('Empyrean' or the 'Company'; Ticker: (EME))
Testing Update
• TARGET ZONES SUCCESSFULLY PERFORATED
• RESULTS EXPECTED BY THE END OF THE WEEK
AIM quoted Empyrean Energy PLC today announces the following update on the Eagle
North-1 well in California, USA.
Victoria Petroleum NL as operator for the Eagle North-1 well has advised that
two intervals including the interpreted oil pay zones were successfully
perforated over the weekend.
The operator has also advised that a near well bore clean up and nitrogen
injection are being used to unload the well bore of fluids to provide conditions
necessary for oil flow to occur. Very similar operations were used at the
adjacent Mary Bellocchi-1 well resulting in a successful flow of oil to the
surface.
The operator has also stated that although the positive wireline logs provided
strong enough evidence to consider proceeding directly to the drilling of the
horizontal completion well, it was considered important to first gain valuable
reservoir engineering data from a vertical test.
The operator anticipates that the vertical test results may be known by the end
of this week.
For further information
Laurence Read/ Angus Prentice
Conduit PR
Tel: +44 (0) 207 429 6603
Mob: +44 (0) 7974 982 512
David Newton
HB Corporate
Tel: +44(0) 207 510 8600
Chris Lambert
Empyrean Energy plc
Tel : +44(0) 207 932 2442
This information is provided by RNS
The company news service from the London Stock Exchange
*A Private Investor is a recipient of the information who meets all of the conditions set out below, the recipient:
Obtains access to the information in a personal capacity;
Is not required to be regulated or supervised by a body concerned with the regulation or supervision of investment or financial services;
Is not currently registered or qualified as a professional securities trader or investment adviser with any national or state exchange, regulatory authority, professional association or recognised professional body;
Does not currently act in any capacity as an investment adviser, whether or not they have at some time been qualified to do so;
Uses the information solely in relation to the management of their personal funds and not as a trader to the public or for the investment of corporate funds;
Does not distribute, republish or otherwise provide any information or derived works to any third party in any manner or use or process information or derived works for any commercial purposes.
Please note, this site uses cookies. Some of the cookies are essential for parts of the site to operate and have already been set. You may delete and block all cookies from this site, but if you do, parts of the site may not work. To find out more about the cookies used on Investegate and how you can manage them, see our Privacy and Cookie Policy
To continue using Investegate, please confirm that you are a private investor as well as agreeing to our Privacy and Cookie Policy & Terms.