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From: Nigel
ArtDate: 11th October 2006
Section: (FILLYABOOTS NEWS RELEASES)
Remote Name: 84.9.59.210
Date: 25/10/06
Time: 21:38
11th October 2006
Empyrean Energy - Sugarloaf Hosston Prospect Drilling Update
News Item - Conduit PR
Empyrean Energy PLC ("Empyrean" or the "Company"; Ticker: (EME))
Sugarloaf Hosston Prospect, Texas USA
AIM quoted Empyrean Energy PLC today announces that at 6am Texas time on 10th of October 2006 the Sugarloaf-1 exploration well, located in the onshore Gulf Coast Basin in Texas, USA, was at a depth of 15,581 feet (4,750 meters) and the operator was drilling ahead in 8-1/2 inch hole.
Since the last report, the operator had drilled out of casing at 14,480 feet (4,415 meters) and after completing a satisfactory formation integrity test, drilling has advanced to the present depth.
The top of the primary target, the Hosston Formation, is expected at about 17,000 feet (5,183 meters) and assuming trouble-free drilling, is anticipated to be reached in late October. The proposed total depth of the well in 21,000 feet (6,400 meters).
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 –
Edward Portman Conduit PR Ltd 76 Cannon St London EC4N 6AE Office: +44 (0) 20 7429 6666 Direct: +44 (0) 20 7429 6607 Fax: +44 (0) 20 7429 6699 Mob: +44 (0) 773 3363 501
www.conduitpr.com
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