30th Dec 2009 07:00
30 December 2009
Empyrean Energy PLC
("Empyrean" or the "Company"; Ticker: (EME))
"COMMENCEMENT OF KOWALIK-1H FRACTURE STIMULATION PROGRAM"
Empyrean is pleased to report that it has been advised by the operator, Texas Crude Energy Inc (TCEI), that fracture stimulation operations on the Kowalik-1H well commenced on 28 December 2009, with the stimulation of approximately 3,800 feet of the slotted liner section presently underway.
Following stimulation of this section with a single large treatment, the remaining 850 ft of conventional solid liner will be treated in four stages with an isolation plug between each one.
This program is anticipated approximately 7-14 days to complete following which the well will be cleaned up, completed for production and flowed to sales.
Further updates will be provided as significant developments occur.
For further information
Empyrean Energy plc
Tom Kelly
Tel: +618 9321 6988
Astaire Securities Plc
Shane Gallwey / Jerry Keen
Tel: +44 (0)207 448 4400
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