Empyrean Energy Plc, the AIM-listed oil and gas explorer and producer with assets in Germany and the USA, provides the following update on operations on the Sugarloaf Project which is part of the Sugarkane Gas and Condensate Field, onshore Texas, USA:
Empyrean has been advised by the Operator, Texas Crude Energy Inc (TCEI), that at 6am Texas time on 27/01/09 the well had reached a depth of 15,685 ft. Gas readings have been maintained at 2,000 to 3,000 units and minor flares have continued to be observed.
The well is targeting the upper chalk interval that has produced gas and condensate in Block A and also the Kowalik-1H well.
Empyrean has a 6% interest in the Weston-1H well.
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Empyrean Energy
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