now that the real buying has commenced
and that there have been many doubters,
this month and obvious this year will see far outperform
eme is also up 8 pence in london trading and they have
relaease the following, vpe has also release an eagle update, the eagle is coming to town
they are expecting flows of 1000 bopd ( that is very good)
see below for the announcement
Empyrean Energy PLC
("Empyrean" or the "Company"; Ticker: (EME))
Drilling Update
• Drilling now completed at Eagle North-1 in California, USA.
• Production testing about to commence.
AIM quoted Empyrean Energy PLC today announces the following update on the Eagle
North-1 well, San Joaquin Basin, California, USA:
Victoria Petroleum NL as operator for the Eagle North-1 horizontal well advises
that at 1800 hours Central Pacific Time 7 May 2006, the current operation at the
Eagle North-1 horizontal well was preparing to carry out a production test of
177 metres (580 feet) of the lower Mary Bellocchi Gatchell oil sand in the
horizontal well bore over the interval from 4,209 - 4,386 metres (13,810 -
14,390 feet) following the completion of drilling at 4,386 metres (14,390 feet)
The interval being tested will consist of the 72 metres (235 feet) of lower Mary
Bellocchi Gatchell oil sand cased behind the 4 1/2 inch liner from 4,209 - 4,281
metres (13,810 - 14,045 feet) and the 105 metres (345 feet) of open hole lower
Mary Bellochi oil sand from 4,281 - 4,386 metres (14,046 -14,390 feet) which is
being tested as a barefoot completion out of the base of the 4 1/2 inch liner at
4,386 metres (14,045 feet).
The forward plan is to carry out a tubing conveyed perforation of the casing and
then bring the well to flow to surface by unloading the well bore with a coiled
tubing unit and nitrogen.
A further update will be made as information becomes available.
The information contained in this announcement has been 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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