EME 62 - 65p +3p

a strong surge to 67p and marked down again
on news from company ........

Empyrean Energy PLC
Sugarloaf Hosston Prospect, Texas USA
Sugarloaf-1, Primary target- Wire-line log Interpretation
AIM quoted Empyrean Energy PLC today announces that wire-line logs were
successfully run over the open hole section of the Sugarloaf-1 well between
16,998 feet (5,182 metres) and total depth of 20,896 feet (6,371 metres).

Interpretation of wire-line logs over the primary target indicates that an
aggregate of 90 feet (27.4 metres) of potential reservoir are gas saturated and
may be capable of commercial production after fracture stimulation.

Based on the log interpretation and the gas indications obtained while drilling,
the well participants have elected to run and cement a production liner,
fracture stimulate and test the zones of potential interest. The total cost of
these operations is estimated to be US$2 million.

By 6am Texas time on 3 December 2006, the production liner was in the process of
being run to total depth prior to the well being prepared for temporary
suspension so that the deep drilling rig can be released.

Preparation of the well for fracture stimulation and flow testing will be
carried out with a smaller work-over rig. An update on the timing of the
fracture stimulation and flow testing operations will be provided when the
equipment has been contracted.

After the primary target has been tested the joint venture will make a decision
on production testing the shallower carbonate reservoirs previously identified
as potentially productive.

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        LUNCH TIME FUN

End-of-day Market Roundup

        JOKE OF THE DAY

A man goes to a psychiatrist.
To start things off, the psychiatrist
suggests they start with a Rorschach Test.

He holds up the first picture and asks the man what he sees.
"A man and a woman making love in a park," the man replies.

The psychiatrist holds up the second picture and asks the man what he sees.
"A man and a woman making love in a boat."

He holds up the third picture.
"A man and a woman making love at the beach."
This goes on for the rest of the set of pictures;
the man says he sees a man and a woman making love
in every one of the pictures.

At the end of the test, the psychiatrist
looks over his notes and says,
"It looks like you have a preoccupation with sex."

And the man replies,
"Well, you're the one with the dirty pictures."