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Empyrean Energy provides production and operational update


Published Apr 22, 2013
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Empyrean Energy - Sugarloaf project

Empyrean Energy provide the following update on production and operations at its Sugarloaf Project:

Highlights

Production on a barrel of oil equivalent basis (“BOE”) net to Empyrean increased by approximately 20% in the three months to March compared to the three months to December 2012

Empyrean has 79 gross wells producing, an increase of 10 wells since the end of January

The Austin Chalk pilot program has commenced with the first well having reached TD (total depth) and the second well currently drilling ahead

Well down spacing initiatives are ongoing

Tags: Empyrean Energy



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