Empyrean Energy

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

about EME? ...... not especially ..... i used to hold them many moons ago and probably banked a good loss for my pains!

IEC ..... i certainly changed my mind about this one!

"IEC ..... i certainly changed my mind about this one!" To what may I ask?
(Off topic, but interested nevertheless.)

from memory, i was initially pretty scathing about IEC too, but had my mind changed by blanche in Sept 07 when i initially bought at 902 ...... traded in/out a few times

Excellent summary of where we're at, by an Aussie researcher who's interest is in one of our jvp's.

post from Agentm hot copper

i think a lot of recent events hve slipped by and gone unnoticed,, some points to remember about the chalks are worth revisiting..

KUNDE 1

discovery well (Burlington resources/conocophillips)

initial testing of the edwards target was not a success.. the chalks were fraced by a curious burlington resources (i hear it was standard operational proceedure to frac everything propsective - and what a discovery that was!!)

well has flowed 41,289 bbls 202,630 mcf
they had 5 1/2 inch casingand 2 7/8 tubing in it..

easier to perf and frac with that type of set up when you compare to sugarloaf 1..


Sugarloaf 1

deep target, hosston sands.. 21,000 feet

report from couch oil..

"Subject: Sugarloaf 1st Phase Good

Date: September 29, 2006

Sugarloaf Hosston 1st phase a success

We have dug the well to 14,480 and logged the upper sections.

Well was trying to flow back gas during the logging operations.

This morning they are running 9 5/8 casing to 14,480


two points here.. at sugarloaf 1, the well was trying to flow back during logging.. very good sign..

second point.. 9 5/8 casing..!! very hard to frac a casing that wide .. compare to 2 7/8 in kunde 1..

they did not frac any formation other than zone 3 in the well, it flowed and then there was formation water from the deeper edwards or buda? the point they learned was the well is not optimally set up for fracing with a casing that size..


Kennedy 1h

Not completed optimally. well is cased and cemented, and in the deeper chalks, even though the flow rates are not substantial. What is remarkable about kennedy is even with the deeper chalks with no natural fractures and with a well not completed correctly for efficient connectivity to the formation, this well is flowing hydrocarbons, gas and condensate.. just imagine what a correctly completed well could achieve (ie open hole and slotted liner)


looking west now..

KUNDE 3H..

A horizontal completion, drilled 3 times to get to completion, and was completed with cemented casing.

Well has had 2 frac operations, both unsuccessful, and an acid job.. then on clean up unexpectedly flowed at 2.5 mcf and 950 bopd!!

If the well had of not damaged the formation with the completion it has, and had of successfully fraced and not screened out, i think the well would be doing many times what it is doing..

IMHO kunde 3 is not running at its optimum by a long measure.. but impressive none the less..

tom kelly EME

"This gas and condensate flow has come as a very pleasant early surprise as the well was not expected to flow without stimulation. We could see a multiple on these production rates if fracture stimulation proves successful. This well also had liner cemented in place whereas future wells are likely to be completed without cement using perforated liner slotted into the open hole. We now have 2 wells flowing commercially from the 5 wells already drilled to date (3 of which are yet to be tested) further de-risking the project."


BAKER 1H

this well couldnt even get to completion, the pressure was so high they had to kill the well and back out for safety.

well was repaired and had a tiny flow test done on the well which was completely blocked with the heaviest muds and would have easily damaged the formation..

this is the result from an completely unstimulated and not even cleaned up well..

"Significant gas condensate discovery occurred after testing in April 2008, with an expected capacity to produce
2.4mmctfgepd. Well currently shut in to test reservoir through pressure build up."

it doesnt need 4 months to do a pressure build up test imho, and if that well was cleaned up i am sure the small flow they got would be absolutely staggering.. but they want to finish that well off, EME have already said the ambition is for baker 1 to be completed to its total length, so imho its not going to be put on production or have any further work done until its fully completed imho..

yet another chalks well where even with open hole, there has been no stimulation of the well in any way to clear it up, that well is way under anyones radar..

We now see Baker 2 and Kowalik being completed in both block A & B (live oak conoco phillips and karnes county TCEI sugarloaf AMI jvp) and conocophilliosp have 2 more permit in the pipeline right now for live oak.. kunde 4H and marlene olsen a vertical..

I am exteremly interested in the outcomes of these wells, i feel the demonstration from kunde 3 is astounding, which is a well that is not fracced, and has got limited connectivity to the formation, yet still flows very well... and there is the amazing ability of the baker 1 wells chalks to still flow in spite of all that has been done to stop it and kill the well..

if you never saw anything like this anywhere, where you have an incredible demonstration of flow by a formation then your missing the point, particularily in light of the fact that the traditional austin chalks do not like to flow anywhere when you damage the formation, kill the well or completely isolate the formation from the well with cement..

its probably time to reconsider casting dire and bleak prognosis on the sugarkane and beging to appreciate how amazing the results thus far have been..

we have flow in zone 3,, flow in zone 2 and all wells flowing everywhere including 2 vertical wells,, kunde 1 on long test and kunde 2 also had very good flow rates for a vertical..

Kowalik is aiming for an open hole slotted liner completion in the already hydrocarbon proven austin chalks

imho dont underestimate this from kowalik thus far..

so far all hydrocarbons have flowed in all wells!!

"Elevated gas readings increased from a background of 120 units to approximately 400 units when drilling through the Austin Chalk interval."
all imho and dyor..

cyril

Lots of words.

Lots of worthwhile facts, unlike your post.
cyril

Looks like additional details are emergeing from the Sugarloaf, after the recent news and flows are to be exceptional, when released which will be soon.

Another lot of words(facts)? by the same researcher.

imho you either get it or you dont..
what frank brophy told you in the annual report is worth reading... i recommend you re read it.. and you tell me what they did at kunde 3.. and baker 1..

you dont back out of a hole and re complete it twice more if there is nothing there to drill and if the formation is not worth drilling.. kunde 3 and baker 1 have laterals all over the place..

its just a shame this thread has so many contributors but very few of them have any ability to diagnose and appraise the information being given, i got to say the majority of contributions are rarely about the sugarkane, and mostly about mm's and insulting anyone who posts here.. i have to thank estseon for having the balls to read the annual report and email it to me to clear up the frac issues we both had different perspectives on..

until i read the report, and believe me in the last year i have read little from EME as little was said,,, but to have frank brophy be able to say what he did was amazing.. he has put out lot of very impressive reports..

THREE TIMES THEY DRILLED BAKER ! AND THREE TIMES THEY DRILLED KUNDE !!!!!!!!!

wake up for christs sake over here,, just forget about the dribbling d***heads that post here compulsively all day looking to insult you, and read the reports!! wake up and smell the roses and discuss what frank brophy is letting you know!!

COP will back out of a hole and drill it three times, they have the ability and cash to design wells to be successful in their goal.. THEY DONT DRILL A SINGLE COMPLETIONS TO CASUALLY SEE IF SOMETHING IS THERE!!! they drill as many times as it takes to explore the formation, they sample, wireline constantly,, they have a massive bank of knowledge on these formations now..

they back up

they reenter

they explore left, right, up and down..

they hit so much pressure at baker 1, they COULD NOT DRILL !!!!!!!

you get a sanitised report declaring 2mcfpd at Baker and cry about it for a year.. if any perosn on this planet could believe that this formation could stop a drilling effort with a poulty 2 mcfpd of flow then you dont deserve to be rewarded for the investment in this prospect.. COP killed baker 1 to get out of the formation... after 3 attempts they could not achieve completion.. the last thing COP are going to do right now is open baker 1 up... THEY KNOW WHAT IT MEANS!! its absolutely "staggering" that none of you understand what it means.. COP will most likely revisit baker 1 and complete it at some stage, if they wanted production from it they would have done so, with it being damaged its not going to tell them anything accurate..doesnt mean its a bad well, it just means they put in baker 2 and do the job properly and then revisit baker 1 later and do what they can.. this foration is highly overcharged.. extremely difficult to drill.. its extremely hot and the payback from a successful well is what cop is after, the well has to be finished right.. thas what they are about to do..

i have heard a quote from someone i consider to be one of the most regarded and respected oil men in australia, he said that "tom kelly really has something to talk about in texas"

he is right. and you have all been given the data on kunde3 and baker 1 on a platter.. served to you so you understand it.. yet no one discusses how amazing the baker 1 well is.. it is loaded with mud.. if you cant get thorugh a formation and have to back out, and kill a well, and that well still can kick after all you have done to kill it.. THEN YOUR IN IT!!! right in it,,, not left of it, not right of it, not too high and not to low,, you are for f*%ks sake smack in the place you want to be..

COP will deliver to eme, not for the eme shareholders, not for TCEI, but for ITSELF, and what it will deliver is a well that when its fully completed can last 20 years, can deliver the most astounding flow rates seen anywhere in texas.. and they will put that well on production and then tell their shareholders they found it and are going in for more..

they have a relief well ready,, the baker 2 well has to be done precisely and with care, and all precautions and all stops are there to ensure that baker 2 will be the type of well that everyone in texas would be after..

if you dont believe it and dont like it then get out of the share imho.. this is high risk high reward investing.. patience is needed,, and as estseon has clearly and rightly pointed out,, your share price is through the roof compared to the jvp partners.. you will never see these prices again in a short while when kunde 4 baker 1 and baker 2 are completed and flowing.. so make the best of it!! be smart and start talking the play up... you are indeed incredibly fortunate to be in this play,, no one anywhere has what we have..

KillerWolf - 24 Aug'08 - 08:42 - 36877 of 36883


Thanks AgentM, appreciate the recap.

Another lot of words by the same reseacher.


imho you either get it or you dont..

what frank brophy told you in the annual report is worth reading... i recommend you re read it.. and you tell me what they did at kunde 3.. and baker 1..

you dont back out of a hole and re complete it twice more if there is nothing there to drill and if the formation is not worth drilling.. kunde 3 and baker 1 have laterals all over the place..

its just a shame this thread has so many contributors but very few of them have any ability to diagnose and appraise the information being given, i got to say the majority of contributions are rarely about the sugarkane, and mostly about mm's and insulting anyone who posts here.. i have to thank estseon for having the balls to read the annual report and email it to me to clear up the frac issues we both had different perspectives on..

until i read the report, and believe me in the last year i have read little from EME as little was said,,, but to have frank brophy be able to say what he did was amazing.. he has put out lot of very impressive reports..

THREE TIMES THEY DRILLED BAKER ! AND THREE TIMES THEY DRILLED KUNDE !!!!!!!!!

wake up for christs sake over here,, just forget about the dribbling d***heads that post here compulsively all day looking to insult you, and read the reports!! wake up and smell the roses and discuss what frank brophy is letting you know!!

COP will back out of a hole and drill it three times, they have the ability and cash to design wells to be successful in their goal.. THEY DONT DRILL A SINGLE COMPLETIONS TO CASUALLY SEE IF SOMETHING IS THERE!!! they drill as many times as it takes to explore the formation, they sample, wireline constantly,, they have a massive bank of knowledge on these formations now..

they back up

they reenter

they explore left, right, up and down..

they hit so much pressure at baker 1, they COULD NOT DRILL !!!!!!!

you get a sanitised report declaring 2mcfpd at Baker and cry about it for a year.. if any perosn on this planet could believe that this formation could stop a drilling effort with a poulty 2 mcfpd of flow then you dont deserve to be rewarded for the investment in this prospect.. COP killed baker 1 to get out of the formation... after 3 attempts they could not achieve completion.. the last thing COP are going to do right now is open baker 1 up... THEY KNOW WHAT IT MEANS!! its absolutely "staggering" that none of you understand what it means.. COP will most likely revisit baker 1 and complete it at some stage, if they wanted production from it they would have done so, with it being damaged its not going to tell them anything accurate..doesnt mean its a bad well, it just means they put in baker 2 and do the job properly and then revisit baker 1 later and do what they can.. this foration is highly overcharged.. extremely difficult to drill.. its extremely hot and the payback from a successful well is what cop is after, the well has to be finished right.. thas what they are about to do..

i have heard a quote from someone i consider to be one of the most regarded and respected oil men in australia, he said that "tom kelly really has something to talk about in texas"

he is right. and you have all been given the data on kunde3 and baker 1 on a platter.. served to you so you understand it.. yet no one discusses how amazing the baker 1 well is.. it is loaded with mud.. if you cant get thorugh a formation and have to back out, and kill a well, and that well still can kick after all you have done to kill it.. THEN YOUR IN IT!!! right in it,,, not left of it, not right of it, not too high and not to low,, you are for f*%ks sake smack in the place you want to be..

COP will deliver to eme, not for the eme shareholders, not for TCEI, but for ITSELF, and what it will deliver is a well that when its fully completed can last 20 years, can deliver the most astounding flow rates seen anywhere in texas.. and they will put that well on production and then tell their shareholders they found it and are going in for more..

they have a relief well ready,, the baker 2 well has to be done precisely and with care, and all precautions and all stops are there to ensure that baker 2 will be the type of well that everyone in texas would be after..

if you dont believe it and dont like it then get out of the share imho.. this is high risk high reward investing.. patience is needed,, and as estseon has clearly and rightly pointed out,, your share price is through the roof compared to the jvp partners.. you will never see these prices again in a short while when kunde 4 baker 1 and baker 2 are completed and flowing.. so make the best of it!! be smart and start talking the play up... you are indeed incredibly fortunate to be in this play,, no one anywhere has what we have..

cyril

This from another poster.


just to clarify, our RNS up above said :-
"The pilot hole is presently being sidetracked and will then be built to near
horizontal by the top of the target chalk formation, at which point production
casing will be run, Empyrean Energy said."

the little added bit (which i wonder why we didn't mention..?) on Rigzone says :-
"The pilot hole is presently being sidetracked and will then be built to near horizontal by the top of the target chalk formation, at which point production casing will be run. Thereafter, the remaining build section will be completed and the horizontal wellbore will target the upper pay interval that has successfully produced in the TCEI JV Block A-1 and A-3 wells."

so we're targetting the A-1 area again on this drill. oilvoice said this about a-1 :-
"TCEI JV Block A-1 well: Spectacular condensate and gas flows following a very limited fracture stimulation"

so....draw your own conclusions at to what might happen on this drill....!

refs :
http://www.rigzone.com/news/article.asp?a_id=65696
http://www.oilvoice.com/n/Empyrean_Energy_Provides_Update_on_TCEI_JV_Block_A1_well_Sugarloaf_Block_A_Texas/d68e90d5.aspx

Imho its just about patience, as this has the potential to be hugh?
cyril

FACT

Form W-1: Review
Status # 669785
API # OP # 845062 - TEXAS CRUDE ENERGY, INC.
Pending Approval , Submitted 08/25/2008 , Filed Online RECKLING 24-1 - Well # 1
02 - KARNES County New Drill
Horizontal


View Current W-1

General / Location Information
Basic Information:

Filing Purpose Welbore Profiles Lease Name Well # SWR Total Depth
New Drill Horizontal RECKLING 24-1 1 12500

Surface Location Information:

API # Distance from
Nearest Town Direction from
Nearest Town Nearest Town Surface Location Type
10.0 miles W Kenedy Land

Survey/Legal Location Information:

Section Block Survey Abstract # County
BRADBERRY, J 24 KARNES

Perpendicular surface location from two nearest designated lines:

Perpendiculars Distance Direction Distance Direction
Survey Perpendiculars 6300.0 feet from the NW line and 1813.0 feet from the SW line

Fields
District Field Name Field # Completion Depth Lease Name Well # Well Type Acres Distance to nearest well Distance to nearest Lease Line SWR Pooled/Unitized
02 SUGARKANE (CRETACEOUS)

Primary Field
86950500 12500 RECKLING 24-1 1 Gas Well 1675.6 1813.0 N
Perpendiculars Distance Direction Distance Direction
Surface Lease Lines 1813.0 feet from the SW line and 1990.0 feet from the NW line

Section: Block: Survey:BRADBERRY, J
Abstract #: 24 County: KARNES
Name Profile Distance Direction Distance Direction
TH1 Terminus Point Lease 3930.0 feet from the SW line and 2548.0 feet from the SE line
Survey 3930.0 feet from the SW line and 2548.0 feet from the SE line
Penetration
Point Lease 2301.0 feet from the SW line and 2354.0 feet from the NW line

--------------------------------------------------------------------------------


Attachments
Attachment Type File Path Associated Fields and/or Plats
PLAT #1( Paper Size : LGL ) Reckling 24-1 #1 survey plat.tif
SUGARKANE (CRETACEOUS)

As Submitted W-1 AsSubmittedW1-8-25-2008.pdf

Looks like TECI have decided to waste another load of dollars?
cyril

Lots more words.

squelch

New Drill Horizontal ALBERT ESSE HEIRS 130-1 1 12500

Surface Location Information:

API # Distance from
Nearest Town Direction from
Nearest Town Nearest Town Surface Location Type
13.0 miles SW Karnes City Land

Survey/Legal Location Information:

Section Block Survey Abstract # County
257 GARRETT, E L 130 KARNES

Perpendicular surface location from two nearest designated lines:

Perpendiculars Distance Direction Distance Direction
Survey Perpendiculars 1800.0 feet from the N line and 2900.0 feet from the W line

Fields
District Field Name Field # Completion Depth Lease Name Well # Well Type Acres Distance to nearest well Distance to nearest Lease Line SWR Pooled/Unitized
02 SUGARKANE (CRETACEOUS)

Primary Field
86950500 12500 ALBERT ESSE HEIRS 130-1 1 Gas Well 807.5 467.0 N
Perpendiculars Distance Direction Distance Direction
Surface Lease Lines 467.0 feet from the SW line and 519.0 feet from the NW line

Section: 182 Block: Survey:LATHROP, J T K
Abstract #: 352 County: KARNES
Name Profile Distance Direction Distance Direction
TH1 Terminus Point Lease 467.0 feet from the SE line and 959.0 feet from the SW line
Survey 900.0 feet from the N line and 1550.0 feet from the E line
Penetration
Point Lease 529.0 feet from the SW line and 818.0 feet from the NW line

--------------------------------------------------------------------------------

cyril

New Drill Horizontal RUDOLPH 28-2 1 12500

Surface Location Information:

API # Distance from
Nearest Town Direction from
Nearest Town Nearest Town Surface Location Type
10.0 miles SW Karnes City Land

Survey/Legal Location Information:

Section Block Survey Abstract # County
PREST, J 228 KARNES

Perpendicular surface location from two nearest designated lines:

Perpendiculars Distance Direction Distance Direction
Survey Perpendiculars 3470.0 feet from the SE line and 3100.0 feet from the NE line

Fields
District Field Name Field # Completion Depth Lease Name Well # Well Type Acres Distance to nearest well Distance to nearest Lease Line SWR Pooled/Unitized
02 SUGARKANE (CRETACEOUS)

Primary Field
86950500 12500 RUDOLPH 28-2 1 Gas Well 700.31 467.0 N
Perpendiculars Distance Direction Distance Direction
Surface Lease Lines 467.0 feet from the SW line and 1690.0 feet from the NW line

Section: 295 Block: Survey:BARNES, J D
Abstract #: 28 County: KARNES
Name Profile Distance Direction Distance Direction
TH1 Terminus Point Lease 1423.0 feet from the NE line and 698.0 feet from the SE line
Survey 1423.0 feet from the NE line and 550.0 feet from the SE line
Penetration
Point Lease 558.0 feet from the SW line and 2025.0 feet from the NW line

--------------------------------------------------------------------------------
Attachments
Attachment Type File Path Associated Fields and/or Plats
PLAT #1( Paper Size : LGL ) Rudoplh 28-2 #1 survey plat.tif
SUGARKANE (CRETACEOUS)

As Submitted W-1 AsSubmittedW1-8-26-2008.pdf

cyril










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New Drill Horizontal GONZALEZ 24-3 1 12500



Surface Location Information:

API # Distance from
Nearest Town Direction from
Nearest Town Nearest Town Surface Location Type
6.5 miles SW Karnes City Land



Survey/Legal Location Information:

Section Block Survey Abstract # County
BRADBERRY, J 24 KARNES



Perpendicular surface location from two nearest designated lines:

Perpendiculars Distance Direction Distance Direction
Survey Perpendiculars 6000.0 feet from the NW line and 4700.0 feet from the NE line



Fields
District Field Name Field # Completion Depth Lease Name Well # Well Type Acres Distance to nearest well Distance to nearest Lease Line SWR Pooled/Unitized
02 SUGARKANE (CRETACEOUS)

Primary Field
86950500 12500 GONZALEZ 24-3 1 Gas Well 775.7 467.0 N
Perpendiculars Distance Direction Distance Direction
Surface Lease Lines 467.0 feet from the NW line and 1422.0 feet from the NE line

Section: Block: Survey:BRADBERRY, J
Abstract #: 24 County: KARNES
Name Profile Distance

So once upon on time we had 3 men
Gonzalez
Albert
Rudolph
who had a Reckling good time?

cyril

For anyone who interested theirs an update on the ASX via our aussie jvp's
cyril

Sems a few others reckon a good drilling update is imminent. Well worth going for at this sp level in my view.

there have to be better options ..... drilling update could just as easily be negative as positive