Empyrean Energy PLC
20 September 2006
Empyrean Energy PLC
('Empyrean' or the 'Company'; Ticker: (EME))
Sugarloaf Hosston Prospect, Texas USA
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GAS SHOWS ENCOUNTERED IN CRETACEOUS CARBONATES
AIM quoted Empyrean Energy PLC today announces that at 6am Texas time on
19th September 2006 the Sugarloaf-1 exploration well, located in the onshore
Gulf Coast Basin in Texas, USA, was drilling ahead in 12-1/4' hole at a
depth of 12,480 feet (3,805 metres).
During the week, gas shows were encountered in a secondary target - one of the
Cretaceous aged carbonate formations.
The well will continue drilling to the next casing point currently programmed at
around 14,500 feet (4,420 metres). The possible commercial significance of the
gas shows will be determined from interpretation of wire-line logs which will be
run prior to the setting of casing.
The primary Hosston target is expected to be reached in mid to late October and
the total depth of 21,000 feet (6,400 metres) in mid November.
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
Angus Prentice/Laurence Read
Conduit PR
Tel: +44 (0) 207 429 6603
Mob: +44 (0) 79974 982512
Empyrean Energy plc
Tel : +44 (0) 207 932 2442
Imran Ahmad/ Cecil Jordaan
HB-Corporate
Tel: +44(0) 207 510 8600
This information is provided by RNS
The company news service from the London Stock Exchange
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