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Sugarloaf Update Block B
Sugarloaf Update Block B.
About this update from Empyrean Energy Plc
[{"type":"text","content":"\n RNS Number : 1289N Empyrean Energy PLC 11 February 2009 \n \n11 February 2009\nEmpyrean Energy PLC \n('Empyrean' or the 'Company'; Ticker: (EME))\nSugarloaf Project, ('Sugarloaf'), Block B, Texas USA\n\nEmpyrean Energy Plc, the oil and gas explorer and producer with assets in Germany and the USA, provides the following update on operations on the Sugarloaf Project which is part of the Sugarkane Gas and Condensate Field:\n\nWeston-1H\n\nEmpyrean has been advised by the Operator, Texas Crude Energy Inc ('TCEI'), that a clean out assembly has washed past the drilling assembly that become stuck ('fish') and continued to the well TD at 15,685ft. The production liner is presently being deployed and preparations will then be made to cement the liner in place.\nThe well will have approximately 3,000 ft of horizontal hole within the Austin Chalk and is likely to be fracture stimulated and tested before being tied into production.\nDuring the fishing operations the well continued to exhibit indications of gas charge, with gas readings of over 2,000 units and flares of up to 40 ft having been observed when circulating out the well following shut in periods. \nThe well is targeting the upper chalk interval that has produced gas and condensate in Block A and also the Kowalik-1H well.\n\nEmpyrean has a 6% interest in the Weston-1H well.\n\nFurther updates will be provided following developments.\nThe information contained in this announcement was completed and reviewed by the Technical Director of Empyrean Energy Plc, Mr Frank Brophy BSc (Hons) who has over 40 years experience as a petroleum geologist.\n\n\nFor further information \nEmpyrean Energy plc \nTom Kelly\nTel: +618 9321 6988 \n \nBlue Oar Securities Plc\nOlly Cairns / Jerry Keen\nTel: (+61) 8 6430 1631 / (+44) 207 448 4400 \n \nJonathan Charles / Fiona Hyland\nConduit PR \nTel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509 \nThis information is provided by RNSThe company news service from the London Stock Exchange END MSCSFESWFSUSEEE \n ","length":4306,"tagName":"div"}]