Sugarloaf Prospect Update

Empyrean Energy PLC
24 August 2007


24 August 2007
                              Empyrean Energy PLC
                  ('Empyrean' or the 'Company'; Ticker: (EME))
                  Sugarloaf Prospect, ('Sugarloaf') Texas USA

Empyrean provides the following update on the Sugarloaf Prospect as provided by
the operator.

Sugarloaf-1 Well

Empyrean has received a further update from the Operator of the Sugarloaf
Project (Texas Crude Energy, Inc. - 'TCEI') on the timing of the upcoming
testing and drilling program for this project.

Due to rescheduling by the contractor providing the frac and testing equipment
required for the Sugarloaf-1 well tests, that operation is now expected to
commence during the week of 10 September 2007.

Proposed Kennedy #1H Well

TCEI has also advised that the rig contracted to drill the next Sugarloaf
Project well (Kennedy #1H) is currently on schedule to finish its drilling
operations on a third party well by early next month. On that basis the Kennedy
#1H well is expected to spud by around mid-September.

The timing for both operations remains subject to the timely release of the
relevant equipment from current third party operations as well as other factors
outside of our control such as weather conditions.

Further updates will be provided upon commencement of these operations.
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:

Jonathan Charles / Ed Portman
Conduit PR
Tel: [phone] /
[phone]

Rod Venables / Cecil Jordaan               
HB-Corporate
Tel: [phone]

Empyrean Energy plc
Tel : [phone]




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