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Sugarloaf Block B Update
Sugarloaf Block B Update.
About this update from Empyrean Energy Plc
[{"type":"text","content":"\n RNS Number : 7530C Empyrean Energy PLC 19 November 2009 \n \n19th November 2009\n\n\nEmpyrean Energy PLC\n('Empyrean' or the 'Company', (EME))\n\nSugarloaf Project, Block B, onshore Texas, USA.\nEmpyrean Energy Plc is pleased to provide the market with an update on preparations within the Sugarloaf Area of Mutual Interest (\"AMI\") for the first phase of farm-in work scope as outlined in the recent announcement dated 6th October 2009.\nThe detailed planning for the fracture stimulation of each of the three horizontal wells has now been completed. The operator of the Sugarloaf Project, Texas Crude Energy Inc (\"TCEI\"), intends to carry out 'multi -staged' fracture stimulations along the horizontal section of each of the Kennedy-1H, Kowalik-1H and Weston-1H wells. Each stage will be individually hydraulically stimulated using a design that has proved effective elsewhere in the play, that stage is then isolated and the process repeated further up the liner. At Kowalik-1H, where it was not possible to recover the slotted liner, the slotted section will be stimulated with a single larger treatment and the conventional solid section of the liner will be treated in a similar fashion to the other two wells. Once treated, the wells will be brought on line to sales.\nEach well has now been prepared with the production tubing being pulled at Kennedy -1H and Kowalik-1H. The horizontal liners of all three wells are presently being washed out and clean water left behind ahead of the stimulations. \nAt Weston-1H, production facilities are being installed, including a pipeline connection to the Kennedy-1H location to utilise the existing tie-in to a major export gas pipeline.\nProgress to date and the availability of equipment indicates that the likely start of the fracture operations will be during December. Each stimulation will take approximately 10 - 14 days. A further announcement will be made when these operations commence.\nFollowing the successful farm-out to Hilcorp Energy, Empyrean retains the following working interests (\"WI\") in Block B wells:\nKennedy-1H 9% WI\nKowalik-1H&nbs...