Business
Mako South-1 Well Drilling Update
Mako South-1 Well Drilling Update.
About this update from Empyrean Energy Plc
[{"type":"text","content":"\n \nRNS Number : 4395I Empyrean Energy PLC 19 June 2017 \n\nEmpyrean Energy PLC / Index: AIM / Epic: EME / Sector: Oil & Gas\n 19 June 2017\nEmpyrean Energy PLC (\"Empyrean\" or the \"Company\")\n \nMako South-1 Well Drilling Update\n \nEmpyrean Energy plc, the oil and gas development company with interests in China, Indonesia and the United States, is pleased to announce the following update on its Indonesian operations:\n \n· Drilling operations commenced last Friday night 16 June 2017 Jakarta time\n· Operations ran smoothly over the weekend with the 13 3/8 inch casing string run to a depth of 927 feet and successfully cemented \n· Operations ran smoothly today whereby drilling had reached a second section depth of 1,330 feet in order to set and cement 9 5/8 inch casing\n \n \nMako South-1 well Duyung PSC Indonesia\n \nThe Company has been advised by Conrad Petroleum that drilling operations commenced on Friday night 16 June 2017 and that over the weekend drilling had reached the planned depth of 927 feet where 13 3/8 inch casing was successfully run, set and cemented.\n \nDrilling has now reached the planned depth of 1,330 feet where the second string of casing is to be run, set and cemented.\n \nAs at the time of this announcement 9 5/8 inch casing was in the process of being run and set in place for cementing.\n \nThe forward plan is to set the 9 5/8 inch casing before drilling towards the top of the objective zone. A conventional core will then be taken over the primary section of interest as the well is drilled to its target depth of 1,707 feet. Logs will be run before a flow test operation is undertaken.\n \nFurther announcements will be made in due course.\n \nThis announcement has been completed and reviewed by Empyrean's Technical Director, Mr Frank Brophy BSc (Hons), who has over 40 years experience as a petroleum geologist.\n \n-ENDS- \n \nFor further info:\n \n\n\n\n\nEmpyrean Energy plc\n\n\n \n\n\n \n\n\n\n\nTom Kelly\n\n\nTel: +61 8 9481 0389\n\n\n \n\n\n\n\n \n\n\n \n\n\n \n\n\n\n\nCenkos Securities plc\n\n\n \n\n\n \n\n\n\n\nNeil McDonald\n\n\nTel: +44 (0) 131 220 9771\n\n\n \n\n\n\n\nBeth McKiernan\...