Empire Energy Group Ltd (ASX:EEG) Beetaloo Operations And Financing Update

(MENAFN - ABN Newswire) Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce that the C-5H well, targeting the Velkerri-B shale formation, reached a total length of 5,310 ...

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( MENAFN - ABN Newswire) (ASX:EEG ) (OTCMKTS:EEGUF) is a Sydney based Australian oil and gas company holding 100%-owned and operated assets with unconventional targets in the Northern Territory Beetaloo Sub-basin and central trough of the McArthur Basin. Empire is an active Beetaloo Sub-basin operator, focused on maturing its assets to production. Following the successful appraisal drilling and flow testing of the Carpentaria-2H and 3H wells in Empire's EP187, Empire is targeting first gas flow in H1 2025 at its Carpentaria Pilot Project.

The Pilot has a targeted sales gas rate of up to 25 TJ per day utilising the existing McArthur River Pipeline. MENAFN29122024000111011020ID1109040289 Legal Disclaimer: MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article.



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