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Margarita Drilling Update
Margarita Drilling Update.
About this update from Empyrean Energy Plc
[{"type":"text","content":"\n Empyrean Energy PLC\n27 February 2007\n\n\n27 February 2007\n\n\n Empyrean Energy PLC\n ('Empyrean' or the 'Company'; Ticker: (EME))\n\n\n Project Margarita, Gulf Coast Texas USA\n\nAIM quoted Empyrean Energy PLC today announces the following update with regards\nthe shallow drilling program at Margarita:\n\n\n1. El Viejito Well Flow Test\n\nA coiled tubing unit has arrived on location and operations in preparation for a\nflow test have commenced. There are two zones of interest in the well. The test\nresults will be reported as results become available, this is anticipated to\noccur within the next 4 - 5 days.\n\n2. Milagro Well Flow Test Timing\n\nA workover rig is anticipated to arrive on location to commence testing\noperations Wednesday February 28, 2007 (US Central Time).\n\n3. Dos Dedos Well\n\nThe rig to drill this well mobilized to location Monday February 26, 2007 (US\nCentral Time). Dos Dedos is the third well in the proposed 6 shallow well\nprogram. After this well the rig will move to another operator for a number of\nwells before returning to drill the remaining 3 wells in the Margarita Shallow\nWell Program.\n\nParticipants in the shallow program wells are:\n\nEmpyrean Energy PLC* 44.00%\n\nSun Resources NL# 20.00%\n\nVictoria Petroleum NL# 20.00%\n\nWandoo Energy LLC + 16.00%\n\n 100.00%\n\n# ASX listed\n\n* AIM listed\n\n+ USA Private Interest\n\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\n\n\nFor further information\n\n\nLaurence Read/ Ed Portman\nConduit PR\nTel: +44(0) 207 429 6605/\n+44 (0)7979955923\n\nRod Venables\nHB-Corporate\nTel: +44(0) 207 510 8600\n\nEmpyrean Energy plc\nTel: +44(0) 207 182 1746\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":2313,"tagName":"div"}]