Drilling Update

Empyrean Energy PLC 25 October 2006 Empyrean Energy PLC ('Empyrean' or the 'Company'; Ticker: (EME)) Sugarloaf Hosston Prospect, Texas USA ------------------------------------- AIM quoted Empyrean Energy PLC today announces that at 6am Texas time on 24th October 2006 the operator of the Sugarloaf-1 exploration well, located in the onshore Gulf Coast Basin in Texas, USA, was drilling ahead in 6 1/2 inch hole at a depth of 17,440 feet (5,317 metres). Since the last report on 18th October 2006, 7 5/8 inch liner was tied back into the 9 5/8 inch casing set at 14,480 feet (4,415 metres) and cemented to a depth of 17,000 feet (5,183 metres). Subsequently the operator drilled 440 feet (134 metres) of Cretaceous aged limestone to the present depth of 17,440 feet. The upper part of the primary Hosston Formation target is expected to be reached within the next few days. As previously advised, based on seismic data and an offset well the Hosston Formation is anticipated to consist of more than 4,000 feet (1,220 metres) of inter-bedded sandstones and shales with the potential for multiple prospective intervals. The proposed total depth of 21,000 feet (6,400 metres) is expected to be reached during November assuming trouble-free drilling 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: +44 (0) 207 429 6605 / +44 (0) 7979955923 Empyrean Energy plc Tel : +44(0) 207 932 2442 Imran Ahmad/ Cecil Jordaan HB-Corporate Tel: +44(0) 207 510 8600 This information is provided by RNS The company news service from the London Stock Exchange
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