Empyrean Energy

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

i've switched to Petrel...watch it rocket next week

Hi Maestro, do you think its going to rocket because the've got rid of Saddam? I think that because of the political and unstable situation in Iraq at the moment, this is a stock that one can afford to miss out on, as there is going to be an enourmous risk trying to bring it home. What does anyone else think.

Still waiting for the EME bulls to comment on the results released 29/12/06.

Where have you all gone?

I said:

Big Al - 13 Dec 2006 14:56 - 606 of 613
Through recent support - next stop 48p likely?

;-))



I see it banged off 48p briefly on Friday. Wonder if there's support or whether we're heading for 30p again.

all oil stocks will crash except Petrel...its obvious thats why mad Bush wants to keep the Iraqi oil in the ground and he is trying every trick in the book to make Iraq unstable along wih his zionist friends threatening Iran with nuclear bombs

This thread is for EME not PET so stop ramping here........

http://news.independent.co.uk/business/news/article2132467.ece

"Iraqi government sources say the hope is to have the law on the books by March."

Not tomorrow then!

maestro .... you are a boor! ...... by the way, have you decided to drop your petulant accusations that I dereamp?

Latest drilling from EME:

AIM quoted Empyrean Energy PLC today announces that operations are ongoing on
the El Viejito Prospect on Project Margarita, South Texas, USA.

Current well depth at 07.00 hours Australian WST, Tuesday 9 January 2007 El
Viejito #1 is 1,129 metres.

Basal Frio and Vicksburgh targets are below 1,524 metres. It is expected that
once final depth of 1,920 metres is reached the hole will be logged and a
decision will be made to test target zones of interest and run 2 7/8' tubing as
the completion string.

Since the last report of 21 December 2005 there has been an extended Christmas
break and a crew changeover following the break. All programmed wells are being
drilled on a turnkey basis at a fixed price for the joint venture and any costs
over the fixed price due to drilling delays are to the contractor's account.
A further update will be made on completion of the well program.

The announcement below certainly says a lot about the company. EME just send out RNS without checking. And inaccuracies to phone numbers, I thought those are basics to running a company. I guess they don't communicate much with their Conduit PR or HB-corporate. Poor management.


Empyrean Energy PLC
11 January 2007


11 January 2007

Empyrean Energy PLC
('Empyrean' or the 'Company'; Ticker: (EME))

Project Margarita, Gulf Coast Texas USA

This announcement amends the Drilling Update submitted to RNS on 10 January
2007 at 7.18am with RNS number 2694P. The need for amendment arose as the
original announcement contained inaccuracies as to phone numbers and the date of the last report.

AIM quoted Empyrean Energy PLC today announces that operations are ongoing on the El Viejito Prospect on Project Margarita, South Texas, USA.

Current well depth at 07.00 hours Australian WST, Tuesday 9 January 2007 El Viejito #1 is 1,129 metres.

Basal Frio and Vicksburgh targets are below 1,524 metres. It is expected that
once final depth of 1,920 metres is reached the hole will be logged and a
decision will be made to test target zones of interest and run 2 7/8' tubing
as the completion string.

Since the last report of 21 December 2006 there has been an extended Christmas break and a crew changeover following the break. All programmed wells are being drilled on a turnkey basis at a fixed price for the joint venture and any costs over the fixed price due to drilling delays are to the contractor's account. A
further update will be made on completion of the well program.

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.

For further information:

Laurence Read/Ed Portman
Conduit PR
+44 (0) 20 7429 6605/+44 7979955923

Imran Ahmad/ Cecil Jordaan
HB-Corporate
Tel: +44(0)207 510 8600
Tel: +44(0)20 7538 1166 (switchboard)

Empyrean Energy plc
+44 (0) 20 7182 1746

Loitering on support at 48p mid. Wonder what would happen if you pushed it through.

;-0

48p is too high for EME considering its poor management

well you know my opinion of this stock! ..... do you really want a more readable chart then above? ..... easily posted

All blue, whats the news as I can't find any?

Ready to report on sugar and i must be good going with the buying,1 buyer buying 100,000,must be someone in the know.

The Sugarloaf-1 is virtually ready to announce the amount of recoverable 800BCF. Well testing is in process , following the interpretation of wireline logs which have identified gas saturated sands that may result in a potential reservoir. a lot of activity buying in progress, as news is just around the corner. Then the share price will rally also as Financial Instituations have a placeing of 1.30p.and could pass a great deal higher.?

All blue again, touch wood. Good quantities going through, price should start to rise rapidly soon.

Typical, whilst posting last message, first red for 2000 shares went through.

still not a share for me, but certainly very active today which indicates either someone genuinely knows something or the world and his wife hopoes someone does .... obviously re Sugarloaf ..... as always, be aware that anticipation often or even usually beats actuality hands down

the oil barrell mentioned details that increased efforts are been made to aid the Sugarloaf-1 and margarita sites in Texas , and news will arrive from Australia on the huge reserves have to offer, upbeat to over 115p.