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From: Nigel
ArtDate: 20th September 2006
Section: (FILLYABOOTS NEWS RELEASES)
Remote Name: 87.74.115.61
Date: 10/10/06
Time: 22:47
20th September 2006
Empyrean Energy Gas Shows Encountered at Sugarloaf Prospect
News Item - Conduit PR
Empyrean Energy PLC Sugarloaf Hosston Prospect, Texas USA · GAS SHOWS ENCOUNTERED IN CRETACEOUS CARBONATES
AIM quoted Empyrean Energy PLC today announces that at 6am Texas time on 19th September 2006 the Sugarloaf-1 exploration well, located in the onshore Gulf Coast Basin in Texas, USA, was drilling ahead in 12-1/4’ hole at a depth of 12,480 feet (3,805 metres).
During the week, gas shows were encountered in a secondary target – one of the Cretaceous aged carbonate formations.
The well will continue drilling to the next casing point currently programmed at around 14,500 feet (4,420 metres). The possible commercial significance of the gas shows will be determined from interpretation of wire-line logs which will be run prior to the setting of casing.
The primary Hosston target is expected to be reached in mid to late October and the total depth of 21,000 feet (6,400 metres) in mid November.
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
Angus Prentice / Laurence Read Imran Ahmad Conduit PR HB-Corporate Empyrean Energy plc Tel: +44 (0) 207 429 6603 / Mob: +44 (0) 79974 982512 Tel: +44(0) 207 510 8600 Tel : +44(0) 207 932 2442
Laurence Read Conduit PR Ltd 3rd Floor 76 Cannon Street London EC4N 6AE United Kingdom Direct: +44 (0) 20 7429 6605 Office: +44 (0) 20 7429 6666 Mob: +44 (0) 7979 955 923 Fax: +44 (0) 20 7429 6699 laurence@conduitpr.com
www.conduitpr.com
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