Hercules Prospect Update

RNS Number : 7742N

Empyrean Energy PLC

17 June 2010

 



17^th June 2010

Empyrean Energy PLC

('Empyrean' or the 'Company', (EME))

Hercules Prospect, onshore Texas, USA.

BP AMERICA A-740 #1 WELL  UPDATE

Empyrean Energy Plc has been advised by the operator, Krescent Energy Company LLC ("Krescent"), that permitting and "right of way" negotiations with the appropriate landowners in respect of the pipeline required to be connected to the BP America A-740 well to the nearby sales pipeline are now complete.

Construction is due to commence imminently to lay the required 4km (approx) of pipeline. The construction is expected to take several weeks to complete and a further update will be provided when construction is near to completion and testing can begin.

Empyrean has a 10% working interest in this well.

Further updates will be provided as significant events occur.

The information contained in this announcement was reviewed by the Technical Director of Empyrean Energy Plc, Mr Frank Brophy BSc (Hons) who has over 40 years experience as a petroleum geologist.

Contact:

Tom Kelly                     Empyrean Energy Plc                Tel: [phone]

Nominated Adviser and Broker:

Jerry Keen                    Astaire Securities Plc                Tel: [phone]

Shane Gallwey              Astaire Securities Plc                Tel: [phone]

 

END

 

 

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