Business
Testing update
Testing update.
About this update from Empyrean Energy Plc
[{"type":"text","content":"\n Empyrean Energy PLC\n27 February 2006\n\n\n\n\n Empyrean Energy PLC\n ('Empyrean' or the 'Company'; Ticker: (EME))\n\n Testing Update\n\n• TARGET ZONES SUCCESSFULLY PERFORATED\n• RESULTS EXPECTED BY THE END OF THE WEEK\n\nAIM quoted Empyrean Energy PLC today announces the following update on the Eagle\nNorth-1 well in California, USA.\n\nVictoria Petroleum NL as operator for the Eagle North-1 well has advised that\ntwo intervals including the interpreted oil pay zones were successfully\nperforated over the weekend.\n\nThe operator has also advised that a near well bore clean up and nitrogen\ninjection are being used to unload the well bore of fluids to provide conditions\nnecessary for oil flow to occur. Very similar operations were used at the\nadjacent Mary Bellocchi-1 well resulting in a successful flow of oil to the\nsurface.\n\nThe operator has also stated that although the positive wireline logs provided\nstrong enough evidence to consider proceeding directly to the drilling of the\nhorizontal completion well, it was considered important to first gain valuable\nreservoir engineering data from a vertical test.\n\nThe operator anticipates that the vertical test results may be known by the end\nof this week.\n\nFor further information\n\nLaurence Read/ Angus Prentice\nConduit PR\nTel: +44 (0) 207 429 6603\nMob: +44 (0) 7974 982 512\n\nDavid Newton\nHB Corporate\nTel: +44(0) 207 510 8600\n\nChris Lambert\nEmpyrean Energy plc\nTel : +44(0) 207 932 2442\n\n\n\n This information is provided by RNS\n The company news service from the London Stock Exchange\n \n ","length":1803,"tagName":"div"}]