OGFGY - FINANCE VIDEO: Empire Energy Group (EEGUF) CEO Alex Underwood Explains the Energy Opportunity in the Northern Territory
Empire Energy is a relative junior in this area where unlocking the vast reserves of gas has become a priority for larger energy companies like Santos and Origin.
Alex explains their strategic positioning and large tenement area on the MacArthur and Beetaloo Basins where world class energy reserves are waiting to be tapped.
To view the video interview, please visit:
https://www.abnnewswire.net/press/en/99517/eeg
About Empire Energy Group Ltd:
Empire Energy (ASX:EEG) (OTCMKTS:EEGUF) is a conventional oil and natural gas producer with operations in Appalachia (New York and Pennsylvania) and the MidCon (Kansas and Oklahoma).
The Company has over 14.5 million acres in the McArthur & Beetaloo Basins, Northern Territory, both of which are considered highly prospective for large shale oil and gas resources. Work undertaken by the Company over the past 5 years demonstrates that the Central Trough of the McArthur Basin, of which the Company holds around 80%, is highly prospective, with key similarities to those extending through Oman, Siberia and Southern China and which contain resources of billions of barrels of oil equivalent.
Source:
Empire Energy Group Ltd
Contact:
Empire Energy Group LtdE: info@empiregp.netT: +61-2-9251-1846F: +61-2-9251-0244WWW: www.empireenergygroup.net