RNS Number : 3685Z
Empyrean Energy PLC
18 July 2008
Empyrean Energy PLC
("Empyrean" or the "Company"; Ticker: (EME))
Sugarloaf Block A, Texas USA
* TCEI JV Block A-4 well has spudded and is drilling ahead
Empyrean, the AIM listed oil and gas explorer and producer with assets in Germany and USA
announces that it has today been advised by
Texas Crude Energy Inc that the TCEI JV Block A-4 well has spudded on Block A. The report
showed that operations had commenced on 4th July
2008 and that presently the well had reached a depth of 9,664 feet and the operator was
drilling ahead.
The TCEI JV Block A-4 well is designed to drill to the upper pay zone that has proven
productive in the TCEI JV Block A-1 and A-3 wells
and then drill approximately 6,000 ft horizontally within that zone in order to effect a
lateral completion.
The TCEI JV Block A-1 and A-3 wells had early production flow test rates of 12 million
cubic feet gas equivalent per day ("mmcfepd") and
7.8 mmcfepd respectively from shorter lateral completions than the 6,000 ft (approximate)
lateral completion planned in the TCEI JV Block
A-4 well. It is believed by the operator that there is a correlation between the length of
successful lateral completion and the flow rates
that can be achieved.
RNS Number : 3685Z Empyrean Energy PLC 18 July 2008 Empyrean...
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