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Drilling Timetable
Drilling Timetable.
About this update from Empyrean Energy Plc
[{"type":"text","content":"\n Empyrean Energy PLC\n22 May 2006\n\n\nEmpyrean Energy PLC\n('Empyrean' or the 'Company'; Ticker: (EME))\n\nGlantal Gas Project, Germany\n\n• Completion rig secured for testing operations at the Glantal-1 well.\n• Testing operations expected to commence during June.\n• 4 initial zones prioritised for testing.\n\nAIM quoted Empyrean Energy PLC today announces that a completion rig has been \nsecured to test four initial zones for the presence of gas at the Glantal-1 \nwell, the first well drilled by Empyrean and its partners in the Glantal Gas \nProject.\n\nFollowing a comprehensive independent and internal review/analysis of the log \ndata (including FMI data) four initial zones have been chosen as priorities for \nthe testing operations. Two of the zones have multiple intervals in close \nproximity within the zone that can be tested together, resulting in a total of \neight initial intervals that will be tested over the four zones. Each zone will \nbe tested separately for hydrocarbon content.\n\nThe operator of the Glantal Gas Project, Pannonian International Ltd\n('Pannonian'), a wholly owned subsidiary of U.S.-based Galaxy Energy Corporation\n(Amex: GAX) has advised that a German contractor, Koller Workover and Drilling\nGmbH, has been chosen to provide the completion rig and associated services for\nthe testing operations at the Glantal-1 well. The operator advises that the\ncontract with Koller is in the final stages of review and is expected to be\nexecuted shortly.\n\nCommenting today Tom Kelly, Executive Director, of Empyrean said: 'We are\npleased that a completion rig has been secured for the important and exciting\ntesting of our first well at the Glantal Gas Project. Pannonian expects that the\ntesting operations will commence in June 2006 and we will provide a further\nupdate as firm dates become known for the mobilisation of the completion rig to\nthe well site.'\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\nAngus Prentice/Laurence Read \nConduit PR \nTel: +44 (0) 207 429 6603\nMob: +44 (0) 79974 982512\n\nEmpyrean Energy plc\nTel : +44(0) 207 932 2442\n\nToby Howell / Imran Ahmad\nHB Corporate\nTel: +44 (0) 20...