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home / news releases / EEGUF - Empire Energy says early signs point to economic Beetaloo Basin flow rates

EEGUF - Empire Energy says early signs point to economic Beetaloo Basin flow rates

Empire Energy Group Ltd

(NewsDirect)

Empire Energy Group Ltd (ASX:EEG, OTC:EEGUF) MD Alex Underwooddiscusses encouraging flow test results from the Carpentaria wellswithin the Beetaloo Sub-Basin in Australia's Northern Territory.After reopening C-2H, production quickly built to more than 3 millionstandard cubic feet per day (mmcf/day) and has now stabilised at 3.25mmcf/day. This represents a 33% increase compared to the correspondingflow rate after the first eight days of pre-shut-in initialflow.

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Stock Information
Company Name: Empire Energy Group Ltd
Stock Symbol: EEGUF
Market: OTC
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