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Empyrean Energy (EME) (EME)     

PapalPower - 21 Nov 2005 08:12

Chart.aspx?Provider=EODIntra&Size=283*18Chart.aspx?Provider=Intra&Code=EME&Size=big.chart?symb=uk%3Aeme&compidx=aaaaa%3AEmpyrean Energy

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

Big Al - 20 Nov 2007 08:30 - 1230 of 2087

WINS messing about and not sure why.

Certainly the big reversal today makes a bit of a mess of that higher low. Still, we'll see what happens.

Big Al - 20 Nov 2007 09:12 - 1231 of 2087

Aha! Now we see the reason. Sugarloaf-1 zone is effectively a duster, by the way, but we knew that last week. ;-0


Empyrean Energy PLC
20 November 2007




Empyrean Energy PLC
('Empyrean' or the 'Company'; Ticker: (EME))
Sugarloaf Prospect, ('Sugarloaf'), Block B, Texas USA
-----------------------------------------------------

Kennedy - 1 Well electric logs indicate several extended zones of
potential gas pay for testing


Empyrean, the AIM listed oil and gas explorer and producer with assets in
Germany and USA today announces the following:

Kennedy - 1 Well
----------------

Well logging operations over the open horizontal portion of the Kennedy-1 well
have been completed and a 4-1/2 inch liner is presently being run to the
measured total depth of 16,750 feet.

Interpretation of the logs indicates several extended zones of potential pay in
the Austin Chalk upper zone. A liner is presently being run as the first step in
an extensive fracture stimulation and testing program.

The Kennedy-1 well log results are encouraging. We are still in the early stages
of appraising a new reservoir and stratigraphic play which will require the
careful selection of a fracture stimulation program to optimise the flow and
recoverability of hydrocarbons from this horizontal well. A further update will
be given when the date for commencement of the fracture stimulation and testing
program becomes known.

Sugarloaf-1 Well
----------------

The well is currently shut-in and the Operator is preparing to run completion
tubing in order to carry out longer term production and pressure tests.

Since the last report on Wednesday 14th November, gas and condensate production has continued to decline and gas, condensate and water flows became
intermittent. During this test period gas was produced at a maximum rate of
387,000 cubic feet per day. A total of 51 barrels of condensate and 391 barrels
of water (mostly frac fluid but with formation water being produced in the
latter stages of the test) were also recovered over the period.

Analyses of the formation water are characteristic of a formation below the
Austin Chalk and it is likely that the frac has penetrated to below the Austin
Chalk target zone and is allowing water production into the well. Further well
testing will be required in order to confirm the source of the formation water
and hydrocarbons.

The Operator, Texas Crude Energy Inc. has advised that it does not expect
further tests to be carried out on the Sugarloaf 2 and 3 (middle and upper)
zones until the test on the Kennedy well has been concluded.

Further updates will be provided following developments.

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.

niceonecyril - 20 Nov 2007 10:07 - 1232 of 2087

Sorry Al, should have put that info earlier this am. Its a good idea to go on the ASX
and type in one of the JVP's, as this am, usually gives out the news due to time difference.
cyril

Big Al - 20 Nov 2007 10:38 - 1233 of 2087

I knew something was up, cyril. Just not what. Still, a wee long to spice up life a bit.

lizard - 20 Nov 2007 10:47 - 1234 of 2087

up and down more times than a tarts knickers.

niceonecyril - 20 Nov 2007 11:50 - 1235 of 2087

Al always worth checking the ASX as they have to update every week. And EME
are almost always late 8 0am+ with RNS's
cyril

Big Al - 20 Nov 2007 13:15 - 1236 of 2087

Just the way we like it, lizard. ;-))))

Big Al - 20 Nov 2007 13:15 - 1237 of 2087

cyril - they're always late with the bad ones, but seem to be rather more timely with the better pieces of news. ;-0

Big Al - 20 Nov 2007 14:20 - 1238 of 2087

Closed at -1. Thought there'd be a big bounce here. Watching.

poo bear - 20 Nov 2007 14:37 - 1239 of 2087

Have to say Big Al, you have called this all the way........... healthy respect, Sir.

BTW I have changed from seawallwalker to poo bear so as to be consistent over several sites, not that you would be too bothered except we have had some pleasant dialogs which I would wish to continue as and when if possible and you know who you are talking to.

cynic - 20 Nov 2007 14:53 - 1240 of 2087

not this morning the old fart didn't!

Big Al - 20 Nov 2007 15:35 - 1241 of 2087

LOL cynic. You got that right so I retreated rapidly.

pb - You should have changed all the other sites to seawallwalker, no? ;-))))) I'll probably forget so feel free to remind me frequently. I'm crap at this name stuff.

niceonecyril - 20 Nov 2007 21:50 - 1242 of 2087

Heres something worth
http://webapps.rrc.state.tx.us/dpimages/img/300000-399999//PR0000383059_0001.pdf

Kunde well No.2 changed from engineering to full approval, this was regd because
to close proximity to another well. They are now able to test this well and put
into production?
cyril
ps, another brick in the wall

niceonecyril - 21 Nov 2007 23:10 - 1243 of 2087

News out from Bondi, casing set at 6080ft, preparing to drill ahead. TD is
13500ft with a possible 21/42bcfg?
cyril

niceonecyril - 22 Nov 2007 08:19 - 1244 of 2087

On the ASX, SUR have put out a comprehensive report on Bondi's progress.
cyril

Big Al - 22 Nov 2007 08:37 - 1245 of 2087

Don't follow what you see re the Kunde thing, cyril.

Big Al - 22 Nov 2007 10:02 - 1246 of 2087

TIMBERRRRRRRRR!


She has to hold 30p?

lizard - 22 Nov 2007 11:45 - 1247 of 2087

MM's dream this stock- too many rns's of pointless drilling updates imo.

just tell us your drilling and when testing commences not rns every f'ing time the drill gets deeper.

always going to be up and downs at this stage- this just presents itself for a nightmare sp. all that matters is the final test outcome which is getting nearer.

Big Al - 22 Nov 2007 11:58 - 1248 of 2087

.......... you mean like gas shows? I've been rattling on about those irrelevancies ever since they started.

lizard - 22 Nov 2007 12:21 - 1249 of 2087

yes. drill, test then report results. the frequent updates dont help stability in sp.

updates are needed but only when totally necessary.

may be intentional- very welcome for some.
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