Sugarloaf Project Block B Upd

RNS Number : 0357R

Empyrean Energy PLC

13 August 2010

 



13^th August 2010

Empyrean Energy PLC

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

Sugarloaf Project, ("Sugarloaf"), Block B, Texas USA

Empyrean is pleased to provide the following update on operations at the Sugarloaf Project within the Sugarkane Gas & Condensate Field, Texas.

Luna-1H

Empyrean has been advised by the Operator that the Luna-1H well was spudded on 7^th August 2010 and the well has been drilled to a depth of 5,780 ft having run and set surface casing.

The Luna-1H well is the second Sugarloaf well where Empyrean will contribute to costs and derive revenue on a post farmout basis. 

Empyrean has a post farm-out working interest of 3% in this well.

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 

Tom Kelly

Tel: [phone] 

Astaire Securities  Plc

Shane Gallwey / Toby Gibbs

Tel: [phone] 

 

END

 

 

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