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"Empyrean says Texan well flows gas at commercial rates

Oct 31 (Reuters) - Oct 31 (Reuters) - British oil and gas explorer
Empyrean Energy Plc said on Friday a Texan well flowed gas and condensate on
test at commercial rates, sending its shares up almost 7 percent in early trade.
Empyrean said the Sugarloaf Prospect, Block A-4 well, a joint venture
with Texas Crude Energy Inc, had consistent flow rates in excess of 2 million
cubic feet of gas per day (mmcfgpd) and 200 barrels of oil per day (bopd) over
the test period.
The company said the initial flow rates during the test period were as
high as 2.5 mmcfgpd and 260 bopd, adding that work was in progress to connect
the well to a sales pipeline and put it on long-term production.
The sales pipeline and production facility are likely to be connected in
December, Empyrean said. The company has a 7.5 percent working interest in the
well." unquote


These flow rates will not exactly send ADI shares up much on Monday.