Sugarloaf-1 Gas Indications

Empyrean Energy PLC
10 November 2006



                              Empyrean Energy PLC

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


                     Sugarloaf Hosston Prospect, Texas USA
                     -------------------------------------


   • FURTHER GAS INDICATIONS IN THE PRIMARY TARGET


    AIM quoted Empyrean Energy PLC today announces that at 6am Texas time on 
    9 November 2006, the Sugarloaf-1 exploration well was drilling ahead at 
    18,476 feet (5,633 metres).


    Continuing gas indications over an aggregate of 70 feet (21 metres) were
    obtained while drilling between 18,320 feet and 18,445 feet. Total gas
    readings peaked at 326 units from a background of about 40 units and
    chromatography indicates the gas consists dominantly of methane (C1), with
    ethane (C2) and propane (C3).


    The economic significance of these gas indications will not be known until
    wire-line logs, programmed to be run after the well has reached total depth,
    have been interpreted and flow testing, if warranted, has been evaluated.


    Drilling is continuing towards proposed total depth of 21,000 feet (6,400
    metres).



    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


    Laurence Read/ Ed Portman

    Conduit PR
    Tel: [phone]

    Empyrean Energy plc
    Tel : [phone]

    Imran Ahmad/ Cecil Jordaan
    HB-Corporate
    Tel: [phone]




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