Empyrean notes two further gas zones at Dempsey
StockMarketWire.com - Empyrean Energy said it had been informed by Sacgasco, the operator of the Dempsey 1-15 well in the Sacramento Basin, onshore California, that drilling last night intersected two further zones of high gas shows.
It said the Dempsey 1-15 well had been drilled to 2,970 m (~9,750 feet) to create sufficient hole to allow logging tools to fully evaluate the target reservoirs intersected to date.
Chief executive Tom Kelly said: "Empyrean commends Sacgasco and its local operational team for reaching TD safely.
"We look forward to providing further updates on testing in the near future as results come to hand."
At 8:02am: (LON:EME) Empyrean Energy PLC share price was +3.38p at 28p
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