Empyrean Energy Updates on Texas Ops

Empyrean provided the following update on operations at the Sugarloaf Project within the Sugarkane Gas & Condensate Field, Texas.


Empyrean has been advised by the Operator that the multi-stage fracture stimulation operation on the Morgan-1H has been successfully completed and the well is presently unloading to sales. A further announcement will be made once stabilized results have been achieved, currently anticipated to be later this week.


The fracture stimulation of the Easley-1H well is well advanced and the operational design is similar to that carried out on Morgan-1H. Following completion of this operation the well will be flowed directly to sales.


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