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home / news releases / EEGUF - Empire Energy welcomes ‘nationally significant’ Beetaloo Basin resource

EEGUF - Empire Energy welcomes ‘nationally significant’ Beetaloo Basin resource

Empire Energy Group Ltd

(NewsDirect)

Empire Energy Group Ltd (ASX:EEG, OTC:EEGUF) MD Alex Underwoodtells Proactive the company has made a breakthrough with anindependent LNG resource at EP187 permit in the highly prospectiveBeetaloo Basin, representing a “nationally significant” resourceof low CO2 gas. He says the results demonstrate a substantial increasein the contingent resources of EP187 including a 270% increase in 2Ccontingent resources to 1,739 Petajoules (PJ) representing an averageestimated ultimate recovery (EUR) per well of 7.9 PJ.

ContactDetails

Proactive Investors

JonathanJackson

+61 413 713 744

Jonathan@proactiveinvestors.com

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