Sugarloaf-1 Gas Show

Empyrean Energy PLC 17 November 2006 Empyrean Energy PLC ('Empyrean' or the 'Company'; Ticker: (EME)) Sugarloaf Hosston Prospect, Texas USA ------------------------------------- • Further gas show AIM quoted Empyrean Energy PLC today announces that at 6am Texas time on 16 November 2006, the Sugarloaf-1 exploration well was drilling ahead at 19,434 feet (5,925 metres). Since the last progress report released on 15 November 2006, the well has encountered a gas show over an 18 foot (5.5 metres) interval. Total gas readings peaked at 536 units from a background of about 230 units and chromatography indicates the gas consists dominantly of methane (C1), with ethane (C2), propane (C3) and a trace of butane (C4). The economic significance of these gas indications will not be known until wire-line logs, programmed to be run after the well has reached total depth, have been interpreted and flow testing, if warranted, has been evaluated. Drilling is continuing towards the proposed total depth of 21,000 feet 6,400 metres). 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
UK 100

Latest directors dealings