Empyrean Energy has received notice from its joint venture partner, Condor Energy Services, that the rig package arrived on location and rig up for the Wilson River - 1 well has commenced.

Completion of the rig up and testing is expected this week, with the Wilson River-1 well anticipated to spud during the coming weekend on Saturday 15th or Sunday 16th March.

Empyrean CEO, Tom Kelly commented, 
"Condor Energy Services has done a great job with preparations to drill the Wilson River-1 well. Empyrean would like to thank the team at Condor for the safe, efficient and professional way in which they have coordinated all aspects of the drill preparation so far. We look forward to updating investors as the progress on the well continues."

Earlier this month, Empyrean completed the Wilson River-1 definive Farm in Agreement with Chi Oil and Gas Pty Ltd and Condor Energy Services.

The Farm in Agreement formalises Empyrean's earn in to ATP1173 by funding part of the drilling of the Wilson River-1 well. Following the earn in, the respecve JV Partners working interests will be Empyrean 52.8%, Condor Energy Services Ltd 27.2% and Chi Oil and Gas Ltd 20.0%.