Empyrean said that Luna-1H well at the Sugarloaf Project within the Sugarkane Gas & Condensate Field in Texas, will be fracture stimulated following its drilling to a depth of 17,370ft.

Luna-1H well, which provides 5000ft of horizontal section, is the second post farm-out well within the Sugarloaf Project in which Empyrean has participated.

May -1H well has now been drilled and cemented at a final depth of 17,550ft, providing approximately 5,000 ft of horizontal section within the reservoir.

The well, which is the third post farm-out well within the Sugarloaf Project in which Empyrean has participated, will be fracture stimulated.

The fourth post farm-out well within the Sugarloaf Project, Urrutia-1H, has now been drilled to a final depth of 17,411ft.

Preparations are presently underway to run and cement casing which will secure approximately 5,000ft of horizontal section within the reservoir following which the well will be fracture stimulated.

The fifth post farm-out well within the Sugarloaf Project, Direct Assets -1H, was spudded on the 30 September 2010 and is presently starting to drill the horizontal section of the well.

The fracture stimulation of the Kowalik-1R well was suspended having completed 14 fracture stimulation stages following difficulties in gaining access into the well at a depth of approximately 7,500ft.