Drilling Update

Empyrean Energy PLC
08 November 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 7th
November 2006 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
18,245 feet (5,563 metres).

Since the last report on 1st November 2006, the operator has drilled 295 feet
(90 metres). The main Hosston reservoir targets have yet to be reached.

During the week, two further changes to the bottom hole assembly were made and
reaming operations were conducted, which has affected the overall drilling
progress.

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: [phone]

Empyrean Energy plc
Tel : [phone]

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





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