Business
Bondi Update
Bondi Update.
About this update from Empyrean Energy Plc
[{"type":"text","content":"\n Empyrean Energy PLC\n10 January 2008\n\n\n\n Empyrean Energy PLC\n ('Empyrean' or the 'Company'; Ticker: (EME))\n\n Bondi Prospect : Texas USA\n --------------------------\n\nAIM listed Empyrean, the oil and gas explorer and producer with assets in\nGermany and the USA, today announces the following:\n\nRaun # 1 well\n-------------\n\nThe operator has advised that it expects to begin testing the two potential gas\nbearing sands in the Raun #1 well next week.\n\nThe lower zone (7,194 to 7,203ft) which has a gross gas resource potential of\n0.45 Bcf will be tested first. If this test is successful, the well will be\nplaced on production from this zone. If the test is not successful, the upper\nzone (7,047 to 7,093ft) which has a gross gas resource potential of 1 Bcf will\nbe tested.\n\nFurther updates will be provided as significant information comes to hand.\n\nThe information contained in this announcement was completed and reviewed by the\nTechnical Director of Empyrean Energy Plc, Mr Frank Brophy BSc (Hons) who has\nover 40 years experience as a petroleum geologist.\n\nFor further information:\n\nJonathan Charles / Ed Portman\nConduit PR\nTel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509\n\nRod Venables / Cecil Jordaan\nHB Corporate\nTel: +44(0) 207 510 8600\n\nEmpyrean Energy plc\nTel : +44(0) 207 182 1746\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n ARR \n ","length":1803,"tagName":"div"}]