Empyrean Energy PLC
17 November 2006
Empyrean Energy PLC
('Empyrean' or the 'Company'; Ticker: (EME))
Sugarloaf Hosston Prospect, Texas USA
-------------------------------------
• Further gas show
AIM quoted Empyrean Energy PLC today announces that at 6am Texas time on 16
November 2006, the Sugarloaf-1 exploration well was drilling ahead at 19,434
feet (5,925 metres).
Since the last progress report released on 15 November 2006, the well has
encountered a gas show over an 18 foot (5.5 metres) interval. Total gas
readings peaked at 536 units from a background of about 230 units and
chromatography indicates the gas consists dominantly of methane (C1), with
ethane (C2), propane (C3) and a trace of butane (C4).
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 the 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
The company news service from the London Stock Exchange