35P DYOR

obviously someone in high places knows FA!!

EME is a pump and dump as always.

it specialises in pumping hot air rather than oil, that's for sure!

i've heard the same rumour

63m shares in issue and about 11% traded today

After the recent placing,there are now 93,325,793 shares in issue. DYOR

Rodders

Have been reading the posts of security1 these past few days, at first i wondered had he unearthed some gems, now i tend to agree with the pump and dump theory above

security1 is otherwise known as Devlin, amongst others, who has been opening threads by the dozen lately. The Devlin threads have lost all credibility, so apparently a change of name is designed to fool us.

well think what you like.suggest you guys get some herencia/HER word is they will announce a big partner player for chile mine imminently.

taking off now.guys do not miss HERENCIA / HER mm,s will not let you have any.rocket launch counting down news imminent

Reminds me of Treacle28..complete rsole.

if the rumour had much or even any foundation, sp would already be at 15/20 ...... guess where it is at this moment?

Like most rumours and information supposedly from those 'close to the company' lots of gas but not the sort you can cook with.

oh, it hasn't fallen has it? ...... but surely the t/o story came from an impeccable source

You always get these stories during a dcb. ;-))

EME is damn near bust with little production worth speaking about. It's in its death throes.

16th November 2009

Empyrean Energy PLC

('Empyrean' or the 'Company', (EME))

Riverbend Project, onshore Texas, USA.

Operator calls Total Depth at the Quinn 3H well and prepares for completion.

More gas and fractures encountered.


Empyrean Energy Plc is pleased to announce that it has been advised by Krescent Energy Company LLC ("Krescent"), the operator of the Riverbend Project in Texas, that drilling at the Quinn 3H well had progressed to a measured depth of 16,641 feet where Total Depth ("TD") was called at 2am on 13th November 2009.

Since the last report, further significant and minor fractures have been encountered.

The well plan had allowed for up to 5000 feet of horizontal to be drilled. The operator and JV partners have agreed to cease drilling and prepare for completion as multiple significant fractures and numerous smaller fractures have been encountered since entering the target zone. The number of fractures and gas pressures encountered generally compares favorably with successful longer horizontal wells drilled by operators to the north of the Riverbend Project area.

Forward operations will include running production casing prior to preparing for testing of the well. A sales pipeline is already connected to the well site allowing for the well to be production tested direct to sales.

Empyrean is earning a 10% working interest in the Riverbend Project.

Further updates will be provided as significant events occur.

The information contained in this announcement was reviewed by the Technical Director of Empyrean Energy Plc, Mr Frank Brophy BSc (Hons) who has over 40 years experience as a petroleum geologist.

Commenting today, Empyrean Director Tom Kelly said "Empyrean is excited to be commencing preparations to test the first well on the Riverbend Project. This project has an estimated recoverable hydrocarbon potential of 800 billion cubic feet gas equivalent. It will be interesting to see how the Quinn 3H well responds during the testing phase with a relatively short horizontal section."
cyril

Empyrean Energy Plc is pleased to provide the market with an update on preparations within the Sugarloaf Area of Mutual Interest ("AMI") for the first phase of farm-in work scope as outlined in the recent announcement dated 6th October 2009.

The detailed planning for the fracture stimulation of each of the three horizontal wells has now been completed. The operator of the Sugarloaf Project, Texas Crude Energy Inc ("TCEI"), intends to carry out 'multi -staged' fracture stimulations along the horizontal section of each of the Kennedy-1H, Kowalik-1H and Weston-1H wells. Each stage will be individually hydraulically stimulated using a design that has proved effective elsewhere in the play, that stage is then isolated and the process repeated further up the liner. At Kowalik-1H, where it was not possible to recover the slotted liner, the slotted section will be stimulated with a single larger treatment and the conventional solid section of the liner will be treated in a similar fashion to the other two wells. Once treated, the wells will be brought on line to sales.

Each well has now been prepared with the production tubing being pulled at Kennedy -1H and Kowalik-1H. The horizontal liners of all three wells are presently being washed out and clean water left behind ahead of the stimulations.

At Weston-1H, production facilities are being installed, including a pipeline connection to the Kennedy-1H location to utilise the existing tie-in to a major export gas pipeline.

Progress to date and the availability of equipment indicates that the likely start of the fracture operations will be during December. Each stimulation will take approximately 10 - 14 days. A further announcement will be made when these operations commence.

Following the successful farm-out to Hilcorp Energy, Empyrean retains the following working interests ("WI") in Block B wells:

Kennedy-1H 9% WI

Kowalik-1H 10.2% WI

Weston-1H 3% WI

Future Block B wells 3% WI

cyril