Empyrean Energy PLC Sugarloaf Project Block B Upd

Thursday, Aug 05 2010 by


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Empyrean Energy Plc (Empyrean) is an on-shore oil and gas development and production company. The Company is engaged in energy resource exploration and project development. The Company’ core asset is a working interest in the Sugarloaf Project in Texas, which is an advanced Eagle Ford Shale condensate and gas development operated by the Marathon Oil Company. The Eagle Oil Pool Development Project is located in the San Joaquin Basin, southern California. It is a proven oil and gas province and has produced in excess of 12 billion barrels and 11 trillion cubic feet of gas. The project area covers approximately 4300 acres. The Riverbend Project area is located in the Tyler and Jasper Counties. The project targets primarily the Austin Chalk and Saratoga Formations. more »

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