Empyrean Regulatory News (EME)

7 Jun 2006 13:52

Empyrean Energy PLC07 June 2006 Empyrean Energy PLC ("Empyrean" or the "Company"; Ticker: (EME)) Glantal Gas Project, Germany • Completion rig contracted for testing operations at the Glantal-1 well. • Rig expected to be on site mid June - testing operations to commence shortly after AIM quoted Empyrean Energy PLC today announced that a completion rig has nowbeen contracted to test four initial zones for the presence of gas at theGlantal-1 well, the first well drilled by Empyrean and its partners in theGlantal Gas Project. The operator of the Glantal Gas Project, Pannonian International Ltd("Pannonian"), a wholly owned subsidiary of U.S.-based Galaxy EnergyCorporation (Amex: GAX) has advised that Koller Workover and Drilling GmbH,a German contractor, has been chosen to provide the completion rig andassociated services for the testing operations at the Glantal-1 well. Theoperator advises that the contract with Koller is now executed and that therig is expected to mobilise to site mid June for an anticipated start totesting operations on or around the 19th June 2006. The information contained in this announcement was completed and reviewed by theTechnical Director of Empyrean Energy Plc, Mr Frank Brophy BSc (Hons) who hasover 40 years experience as a petroleum geologist. For further information Angus Prentice/Laurence Read Conduit PR Tel: +44 (0) 207 429 6603 Mob: +44 (0) 79974 982512 Empyrean Energy plcTel : +44(0) 207 932 2442 Imran AhmadHB CorporateTel: +44(0) 207510 8600 This information is provided by RNS The company news service from the London Stock Exchange