Drilling Report

Empyrean Energy PLC 08 May 2006 Empyrean Energy PLC ('Empyrean' or the 'Company'; Ticker: (EME)) Drilling Update • Drilling now completed at Eagle North-1 in California, USA. • Production testing about to commence. AIM quoted Empyrean Energy PLC today announces the following update on the Eagle North-1 well, San Joaquin Basin, California, USA: Victoria Petroleum NL as operator for the Eagle North-1 horizontal well advises that at 1800 hours Central Pacific Time 7 May 2006, the current operation at the Eagle North-1 horizontal well was preparing to carry out a production test of 177 metres (580 feet) of the lower Mary Bellocchi Gatchell oil sand in the horizontal well bore over the interval from 4,209 - 4,386 metres (13,810 - 14,390 feet) following the completion of drilling at 4,386 metres (14,390 feet) The interval being tested will consist of the 72 metres (235 feet) of lower Mary Bellocchi Gatchell oil sand cased behind the 4 1/2 inch liner from 4,209 - 4,281 metres (13,810 - 14,045 feet) and the 105 metres (345 feet) of open hole lower Mary Bellochi oil sand from 4,281 - 4,386 metres (14,046 -14,390 feet) which is being tested as a barefoot completion out of the base of the 4 1/2 inch liner at 4,386 metres (14,045 feet). The forward plan is to carry out a tubing conveyed perforation of the casing and then bring the well to flow to surface by unloading the well bore with a coiled tubing unit and nitrogen. A further update will be made as information becomes available. The information contained in this announcement has been 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/ Angus Prentice Conduit PR Tel: +44(0)207 429 6603 Mob: +44(0)7974 982 512 Toby Howell HB Corporate Tel: +44(0)207 510 8600 Empyrean Energy Plc Tel: +44(0)207 932 2442 This information is provided by RNS The company news service from the London Stock Exchange
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