Empyrean Energy Kicks Off Aggressive Exploration Program
Empyrean Energy plc has kicked off its ‘aggressive’ exploration program with ‘great success’, according to CEO Tom Kelly.
“We have a gas discovery with excellent reservoir quality here at the Mako South-1 well location, our first exploration well since we have re-established Empyrean with exciting new assets,” Kelly said in a company statement.
“These are certainly exciting times for Empyrean and its joint venture partners,” he added.
The Mako South-1 well has already reached its planned total depth, with coring and logging completed and testing underway, Empyrean revealed.
Interpretation of the logs established 23 feet of net gas pay from the main target, the Upper Intra Muda Sands. The logs are said to be exhibiting better porosity, permeability and gas saturation than originally modelled.
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