Empyrean Energy

Web site : http://www.empyreanenergy.com

http://www.investegate.co.uk/Article.aspx?id=200711050902200012H
cyril

Problems with Kennedy H 1 well, replacing the measuring while drilling tool?
Ref to aussie jvp's AUT, EKA.
cyril

niceonecyril - are you fan of Empyrean and what's your views, if I may ask?

I'm down 25% in a matter of weeks thinking this was a good one, but I've grown increasingly concerned EMpyrean has been hyped up and fell for the bait!

The messages and RNS's are mixed and seem a confused combination of positive, negative and evasive comments

Well i'm still holding,top sliced the other to get more BRR. EME has a great portfolio
and will come good,the Bondi well is expected to spud on the weekend. Theirs a
lot of activity going on in the S/Loaf, S/Kane (4 horizontals since the discovery of
gas/condensate) +a lot increased acreage.So the JVP's including a major have a lot of confidence,(it should be remembered its the top zone where the real hope lies) but only time will tell. I think that the SP will go north as we get closer to the results and will give an opportunity to top slice.
Frustrating stock this so much potential but never quite getting there, at the moment?
imo
cyril

Conformation ofBondi's spudding.
http://www.investegate.co.uk/Article.aspx?id=200711080746572655H

Unfortuneatly the market having a bad(or spell)so we will lose the impact of this news?
cyril

well the ftse is now in positive territory unlike the eme sp.

EME are quite capable of produceing great results, and soon thease will be apperent that the Sugarloaf-1 will be enhanced by this company as the Sp will literally rise to 93-97p and higher.

By the time EME produce anything worthwhile, the internal combustion engine will probably be extinct.

New coming today I think, this from ADI on ASX.


"Kennedy #1H Well

Adelphi Energy Limited advises that the Kennedy-1 exploration well has reached Total Depth of 16,750 feet Measured Depth and is running logs prior to casing for completion and testing. Total depth was called some 820 feet short of the original proposed measured depth of 17,570 feet for operational convenience.
Background gas levels whilst drilling in the Austin Chalk upper target zone remain in the range of 40 to 300 units; the commercial significance of which will not be known until testing operations are completed.


Sugarloaf-1 Well

Post fracture stimulation logs have now been run and are being analysed. The lowermost Austin Chalk interval that was previously fracture stimulated has been put back on flow test and on 11 November commenced flowing gas at a rate of 387,000 cubic feet per day with approximately 335 barrels of water (mostly frac fluids) per day. As at report time on 13 November, the well had declined to 180,000 cubic feet per day with minor quantities of water. Over the final 5 hours of the report period, 39 barrels of condensate had been produced. The significance of these flows will not be known until the testing of the zone has been completed and analysed.
Adelphi, through its wholly owned US subsidiary Adelphi Energy Texas, Inc., has a 20% interest in the Sugarloaf Project which includes the Sugarloaf-1 and Kennedy #1H wells."

Excellent. We'll be able to cook the turkey then. Wonder what we do after that. ;-)))

You move up to the next zone and see if you can find a bigger turkey. Something that hopefully will feed you a bit better!! Maybe it will turn out into a chicken that will lay a golden egg.

Then again, it may be suffering from the flu, John. Well H5N1? ;-)))))

http://www.theaustralian.news.com.au/story/0,25197,22740709-18261,00.html


...................Aurora, which closed on Friday at 48c, thought it had left itself enough time since announcing the rights issue in July. The idea was that results would be in from the Sugarloaf-1 well in Texas, of which it has 20 per cent, and these would encourage shareholders to take up the issue.

But delays of various sorts put paid to that plan, and those results are still awaited (as they are at Adelphi Energy and Eureka Energy, which also have stakes in Sugarloaf).

But the words is that the underwriters aren't sweating, given the goal at Sugarloaf is several trillion cubic feet of gas along with condensate...........................

RNS Number:7801H 15 November 2007

Empyrean Energy PLC
("Empyrean" or the "Company"; Ticker: (EME))
Sugarloaf Block A, Texas USA

* TCEI JV Block A # 3 well encounters gas shows whilst drilling over the
target zone

Empyrean, the AIM listed oil and gas company with exploration and production
assets in Germany and USA today announces the following regarding Sugarloaf
Block A in Texas:

TCEI JV Block A-3 Well
----------------------
Empyrean has been advised by the operator that gas shows have been encountered over a 185 feet interval at about 12,000 feet depth which is the main objective of the TCEI JV Block A-3 well. The gas recordings rose to a maximum of 350 units which is approximately ten times the background gas readings immediately prior to the shows. These gas readings were recorded during drilling of the vertical pilot hole section of the well.

Current operations are preparation for open hole logging. The well is then
planned to be drilled 1500-2000 feet horizontally into the target zone for
completion and testing.

The commercial significance of the gas shows will not be known until the full
results of any testing are analyzed.

The information contained in this announcement was completed and 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 - "This is further good news
for Empyrean as we now have a total of five wells in the Sugarkane discovery
area - two on Block B and three on Block A that have encountered gas whilst
drilling. We look forward to the results of testing from each well during what
promises to be an exciting testing phase for the company."

LONDON (Thomson Financial) - Buyers came for Empyrean Energy, moving it 5 pence higher at 41-1/2 following news that the company has encountered gas shows from well number three at the Sugarloaf block A in Texas.

Still with the explorers, Urals Energy climbed 15 to 250 after the company secured a 270 mln usd six-year loan that will finance the development of the Dulisminskoye field in eastern Siberia and repay some of its existing debt.

Elsewhere, speculators were again active in Johnson Service, 3-1/4 higher at 93, as talk persisted that the workwear and linen rental company -- which recently warned it is likely to breach its banking covenants -- has attracted predatory interest from Industri Kapital, a Nordic private equity group.

i get gas shows when i turn on the cooker!

I'm still amazed nobody's been in EO. recently. ;-)) Far better outfit IMO.

I am :>)))))))))))))))))))))))

not telling u what to do after youve cooked the turkey Al as i got into trouble last time ! Need one more move up here for a good christmas?? and as for the 'mobile' thing, yep u were right it didnt move it, apart from a wee bit the wrong way (other news). i thought it was hugh so glad i stayed logical and didnt day trade.

Got lucky again then.

;-))

Oi! might have to come to the xmas do just to give you a slap :>)

got to say though most of mine are red today, cept this!