Sugarloaf Block A Update RNS Number:7251SEmpyrean Energy PLC21...

Sugarloaf Block A Update




RNS Number:7251S
Empyrean Energy PLC
21 April 2008





Empyrean Energy PLC
("Empyrean" or the "Company"; Ticker: (EME))

Sugarloaf Block A, Texas USA
----------------------------

- TCEI JV Block A-1 well begins to flow at commercial rates direct to sales
line.
- Well was being prepared for a fracture stimulation program and was not
expected to flow without stimulation.
- Very early encouragement as the well is expected to be stimulated during
forward operations.

Empyrean, the AIM listed energy company with exploration and production assets
in Germany and USA today announces the following initial test results from its
TCEI JV Block A-1well on Block A at the Sugarloaf Project in Texas:

The TCEI JV Block A-1 well unexpectedly began to flow commercial quantities of
gas and condensate during operations to prepare the well for a fracture
stimulation and flow testing program. As of the latest report the well was
flowing at approximately 0.66 mmcfgpd (million cubic feet gas per day) with
approximately 130 bcpd (barrels of condensate per day) and 45 bwpd (barrels of
water per day) with a FTP (Flow Tubing Pressure) of around 2300 psi.

On the present day prices for condensate and gas whilst converting the
condensate to a gas equivalent, the most recent recorded equivalent gas flow
rate exceeds (using a 10:1 conversion) 2.0 mmcfepd (million cubic feet gas
equivalent per day).

The well will now be shut in for a pressure build up test. It is expected that
this well will be fracture stimulated during forward operations. The exact
timing of the program is not known and will depend on how the well performs in
the coming days without stimulation.

Commenting today, Empyrean Executive Director Tom Kelly said "This gas and
condensate flow has come as a very pleasant early surprise as the well was not
expected to flow without stimulation. We could see a multiple on these
production rates if fracture stimulation proves successful. This well also had
liner cemented in place whereas future wells are likely to be completed without
cement using perforated liner slotted into the open hole. We now have 2 wells
flowing commercially from the 5 wells already drilled to date (3 of which are
yet to be tested) further de-risking the project."

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:
Empyrean Energy plc
Tel: +44(0) 207 182 1746

Rod Venables / Cecil Jordaan
HB Corporate
Tel: +44(0) 207 510 8600

Jonathan Charles / Ed Portman
Conduit PR
Tel: +44 (0) 207 429 6611 / +44 (0) 7791 892 509