Empyrean Energy PLC
28 November 2006
Empyrean Energy PLC
('Empyrean' or the 'Company'; Ticker: (EME))
Glantal Gas Project, Germany
APPLICATION TO EXTEND EXPLORATION PERMIT SUCCESSFUL
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AIM quoted Empyrean Energy PLC today announces that it has received confirmation
from the operator of the Glantal Gas Project, Pannonian International Ltd - a
wholly-owned subsidiary of Galaxy Energy Corporation (AMEX: GAX), that an
application to extend the Neues Bergland Permit has been successful.
The German mining authorities have granted an extension to the permit allowing
Empyrean and its partners to explore for hydrocarbons until 12 December 2009.
Empyrean and its partners in the Neues Bergland Permit are in the process of
finalising plans for a seismic program on the project - which is necessary
before further drill targets are prioritized. The seismic program is expected to
commence Q1 2007.
Commenting today, Empyrean director Tom Kelly said 'The successful application
for an extension to the exploration permit confirms the German authorities'
willingness to cooperate with the partners in this project and paves the way for
a further exploration field effort.'
The 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.
For further information
Laurence Read/ Ed Portman
Conduit PR
Tel: +44 (0) 207 429 6605/+44 (0) 7979955923
Empyrean Energy plc
Tel : +44(0) 207 932 2442
Imran Ahmad/ Cecil Jordaan
HB Corporate
Tel: +44(0) 207 510 8600
This information is provided by RNS
The company news service from the London Stock Exchange