Sugarloaf Update Block B

RNS Number : 1289N

Empyrean Energy PLC

11 February 2009

 



11 February 2009

Empyrean Energy PLC 

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

Sugarloaf Project, ('Sugarloaf'), Block B, Texas USA

Empyrean Energy Plc, the oil and gas explorer and producer with assets in Germany and the USA, provides the following update on operations on the Sugarloaf Project which is part of the Sugarkane Gas and Condensate Field:

Weston-1H

Empyrean has been advised by the Operator, Texas Crude Energy Inc ('TCEI'), that a clean out assembly has washed past the drilling assembly that become stuck ('fish') and continued to the well TD at 15,685ft.  The production liner is presently being deployed and preparations will then be made to cement the liner in place.

The well will have approximately 3,000 ft of horizontal hole within the Austin Chalk and is likely to be fracture stimulated and tested before being tied into production.

During the fishing operations the well continued to exhibit indications of gas charge, with gas readings of over 2,000 units and flares of up to 40 ft having been observed when circulating out the well following shut in periods. 

The well is targeting the upper chalk interval that has produced gas and condensate in Block A and also the Kowalik-1H well.

Empyrean has a 6% interest in the Weston-1H well.

Further updates will be provided following developments.

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 

Empyrean Energy plc 

Tom Kelly

Tel: [phone] 

Blue Oar Securities Plc

Olly Cairns / Jerry Keen

Tel: [phone] 

Jonathan Charles / Fiona Hyland

Conduit PR 

Tel: [phone] 

 

END

 

 

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