Sugarloaf Project Block B Upd

RNS Number : 6037K
Empyrean Energy PLC
22 April 2010
 

22nd April 2010

 

 

Empyrean Energy PLC

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

 

Sugarloaf Project, Block B, onshore Texas, USA.

 

SUGARLOAF PROJECT OPERATIONS UPDATE

Empyrean Energy Plc is pleased to provide the market with the following update on operations on Block B at the Sugarloaf Project:

Morgan-1H

Empyrean has been advised by the Operator that the multi-stage fracture stimulation operation on the Morgan-1H well commenced on 16 April 2010.  The fracture stimulation design is similar to that recently successfully applied to the Kennedy-1H and Weston-1H wells.  Following completion of this operation the well will be flowed directly to sales.

Easley-1H

The previously advised fracture stimulation on the Easley-1H has now been re-scheduled to commence following the conclusion of the Morgan-1H frac later this month.


Rancho Grande-1H

After reaching a Total Depth of 16,957 ft with a horizontal lateral of approximately 5,000 ft, production casing has now been run and cemented in preparation for a multi-stage fracture stimulation program which has been scheduled to commence following the conclusion of the Easley-1H  frac during May 2010.  As with the other Sugarloaf Project wells, Rancho Grande-1H will be cleaned up and produced directly into sales upon conclusion of that operation.

 

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.

 

 

 

Contact:

 

 

 

Tom Kelly                     Empyrean Energy Plc                Tel: +618 93216988

 

Nominated Adviser and Broker:

 

Jerry Keen                     Astaire Securities Plc               Tel: +44 (0) 20 7448 4400

Shane Gallwey               Astaire Securities Plc                Tel: +44 (0) 20 7448 4400


This information is provided by RNS
The company news service from the London Stock Exchange
 
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