Sugarloaf Update Block A

RNS Number : 8141G
Empyrean Energy PLC
28 October 2008
 



28 October 2008

Empyrean Energy PLC 

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

Sugarloaf Prospect, ('Sugarloaf'), Block A,  Texas USA



  • TCEI JV Block A-4 well testing commences  




Empyrean Energy Plc, the oil and gas explorer and producer with assets in Germany and the USA provides the following update on operations on Block A which is part of the Sugarkane Gas and Condensate Field:


TCEI JV Block A-4 Well 



Empyrean has been advised by Texas Crude Energy Inc ('TCEI') that a coil tubing unit has arrived to the TCEI JV Block A-4 well in order to commence procedures to flow back and clean up the well to remove drilling fluids/mud and conduct a production flow test.


The well intersected at least 1500 feet of high gas readings and gas flares during drilling of the horizontal portion of the well in the target upper chalk zone. The operator has commenced drilling fluid clean up and flow back operations to recover drilling mud.

Empyrean has a working interest of 7.5% in this well.

Further updates will be provided as flow test data is received over the coming days.

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: +44(0) 207 182 1746  

Blue Oar Securities Plc

Olly Cairns / Jerry Keen

Tel: (+61) 8 6430 1631 / (+44) 207 448 4400 

 

Conduit PR 

Jonathan Charles / Fiona Hyland

Tel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509


This information is provided by RNS
The company news service from the London Stock Exchange
 
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