Empyrean Energy PLC
10 November 2006
Empyrean Energy PLC
('Empyrean' or the 'Company'; Ticker: (EME))
Sugarloaf Hosston Prospect, Texas USA
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• FURTHER GAS INDICATIONS IN THE PRIMARY TARGET
AIM quoted Empyrean Energy PLC today announces that at 6am Texas time on
9 November 2006, the Sugarloaf-1 exploration well was drilling ahead at
18,476 feet (5,633 metres).
Continuing gas indications over an aggregate of 70 feet (21 metres) were
obtained while drilling between 18,320 feet and 18,445 feet. Total gas
readings peaked at 326 units from a background of about 40 units and
chromatography indicates the gas consists dominantly of methane (C1), with
ethane (C2) and propane (C3).
The economic significance of these gas indications will not be known until
wire-line logs, programmed to be run after the well has reached total depth,
have been interpreted and flow testing, if warranted, has been evaluated.
Drilling is continuing towards proposed total depth of 21,000 feet (6,400
metres).
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
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