EKA 0.00% 45.0¢ eureka energy limited

AIM quoted Empyrean Energy PLC today announces that the first...

  1. 1,674 Posts.
    AIM quoted Empyrean Energy PLC today announces that the first part of the testing program over the lower Hosston interval has been completed by
    perforating several zones. As per the program design, these zones were not fracture stimulated and no flow of gas was recorded. These zones were not
    fracture stimulated as they were interepreted to have porer reservior development than some of the zones in the upper Hosston sands - however they
    were perforated to make certain that they were not productive.

    As envisaged in the original testing program, the next stage will involve the perforation and fracture stimulation of selected intervals of the upper Hosston
    sands which are interpreted to have better potential reservoir development as compared to the lower Hosston intervals. The fraccing program is currently
    scheduled to commence in early March.

    Further releases in relation to the Sugarloaf-1 testing program will be made upon any material developments and results from these tests.

    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.

 
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