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From: Nigel
ArtDate: 17th November 2006
Section: (FILLYABOOTS NEWS RELEASES)
Remote Name: 87.74.94.128
Date: 01/12/06
Time: 19:07
17th November 2006
Empyrean Energy PLC Further gas show at Sugarloaf Hosston Prospect, Tx, USA
News Item - Conduit PR
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
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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