Sugarloaf Block A Update

RNS Number : 4283A

Empyrean Energy PLC

01 August 2008

 



1^st  August 2008

Empyrean Energy PLC 

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

Sugarloaf Block A, Texas USA

• TCEI JV Block A # 4 well reaches total depth in the pilot hole section

• Encouraging gas shows over approximately 300 feet

• Horizontal drilling about to commence along the gaseous interval

Empyrean Energy Plc, the oil and gas explorer and producer with assets in Germany and the USA provides the following update on operations:

Empyrean has been advised by Texas Crude Energy Inc that the TCEI JV Block A #4 well has reached a total depth in the pilot hole section of 12,756 feet. Electric logs have been run. Current operations are the setting of cement plugs in order to kick off and commence the horizontal drilling for approximately 6000 ft. 

The electric logs show an interval of approximately 300 feet of gas shows between 12,400 and 12,700 feet. This interval is encouraging and the horizontal portion of the well is designed to drill laterally along a portion of this interval.

Maximum gas readings reached 1325 units against an average background level of approximately 50 units.

Further updates will be provided as significant developments occur. 

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 

Tel: [phone] 

Rod Venables / James Reeve

HB Corporate 

Tel: [phone] 

Jonathan Charles / Ed Portman 

Conduit PR 

Tel: [phone] 

 

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