Business
Significant Gas Shows
Significant Gas Shows.
About this update from Empyrean Energy Plc
[{"type":"text","content":"\n \nRNS Number : 0911P Empyrean Energy PLC 29 August 2017 \n\nThis announcement contains inside information\n \nEmpyrean Energy PLC / Index: AIM / Epic: EME / Sector: Oil & Gas\n29 August 2017\nEmpyrean Energy PLC (\"Empyrean\" or the \"Company\")\n \nGas Shows Encountered whilst drilling High Potential Targets\n \n· Significant gas shows in multiple zones\n· Best potential sand reservoir zone had over 500 times background gas levels despite rising mud weight\n· Drilling ahead at 2,182m (~7,160 feet) to evaluate multiple remaining conventional sandstone reservoir targets in next 890 m (2,920 feet) of drilling \n· Dempsey is testing the largest known undrilled structure in northeastern Sacramento Basin\n \nEmpyrean Energy (EME: AIM), the oil and gas development company with interests in China, Indonesia and the United States, is pleased to announce that it has been informed by Sacgasco Limited (ASX: SGC) (\"Sacgasco\"), the operator of the Dempsey 1-15 well in the Sacramento Basin, onshore California, that the Dempsey 1-15 well in the Sacramento Basin in California is currently drilling ahead in 8 1/2\" vertical hole.\n \nDuring drilling, well mud weights have been increased regularly to 13.5 ppg to control increasing levels of background gas. Multiple zones of significantly higher than background gas shows have been encountered whilst drilling.\n \nThe best zone of gas shows had a gas level of over 500 times the background gas.\n \nShareholders and investors are advised that the significance of these shows will become more apparent when the next wireline logs are run to more fully evaluate the encountered gas shows and reservoirs. This is planned after reaching the proposed total drilling depth of approximately 3,200 meters.\n \nThe Dempsey 1-15 well is currently drilling ahead at 2,182 m (~7,160 feet) to the under-explored deeper targeted reservoirs in the remaining 890 m (~2,920 feet) of section to be drilled. Dempsey is drilling the largest known, yet undrilled, mapped structural closure in the northeastern part of the prolific Sacramento Gas Basin and is interpreted to be optimally located to trap gas migrating out of gas generating areas located to the west and south.\n&nbs...