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Sydney, Australia (ABN Newswire) - Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) is in a position to see significant uplift in valuation driven by the development of the Carpentaria Project in EP 187, located in the Northern Territory's Beetaloo Basin. We believe the company is significantly ...
(NewsDirect) Empire Energy Group Ltd (ASX:EEG, OTC:EEGUF) MD Alex Underwood tells Proactive the company has strengthened its balance sheet with a A$15.6 million research and development (R&D) tax offset from the Australian Government, designed to encourage companies to pursue R&D acti...
Sydney, Australia (ABN Newswire) - Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) announces $15.6 million R&D Tax Offset received in cash. - Current cash balance is now $29.3 million - Empire anticipates that it is fully funded to progress to EP187 Carpentaria Pilot Project ("Pilot...
(NewsDirect) Empire Energy Group Ltd (ASX:EEG, OTC:EEGUF) MD Alex Underwood discusses with Proactive increased gas flow rates at an average rate of 2.8 tera joules per day at its Carpentaria-3H( C-3H) well in the Beetaloo Basin, Northern Territory. C-3H, which was brought back online in early...
Sydney, Australia (ABN Newswire) - Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce it has executed an initial agreement with APT Management Services Pty Limited, a wholly owned subsidiary of APA Group, for the establishment of midstream gas infrastructure early works ...
(NewsDirect) Empire Energy Group Ltd (ASX:EEG, OTC:EEGUF) MD Alex Underwood tells Proactive the company has made a breakthrough with an independent LNG resource at EP187 permit in the highly prospective Beetaloo Basin, representing a “nationally significant” resource of low CO2 ...
Sydney, Australia (ABN Newswire) - Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce a major upgrade to its independently assessed EP187 Contingent and Prospective Resources. The resources estimate for Empire's wholly owned and operated EP187 permit has been prepared by Net...
Sydney, Australia (ABN Newswire) - Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) has completed Carpentaria-2H flow testing following continued strong gas rates. - Carpentaria-2H ("C-2H") has produced a total of 323 Terajoules ("TJ") (281 mmscf) over 127 days - Gas composition has rema...
(NewsDirect) Empire Energy Group Ltd (ASX:EEG) MD Alex Underwood speaks with Proactive following news the Northern Territory Government has finalised all 135 recommendations of the 2018 Scientific Inquiry into Hydraulic Fracturing in the NT. The move establishes a platform for approval of gas...
Sydney, Australia (ABN Newswire) - Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) report that the Northern Territory Government has announced the finalisation of all 135 recommendations of the 2018 Scientific Inquiry into Hydraulic Fracturing in the NT chaired by Justice Rachel Pepper, establi...
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Sydney, Australia (ABN Newswire) - Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce that it has received binding firm commitments to raise $39 million (before costs) via a strongly supported two-tranche placement of new fully paid ordinary shares ("Shares") to institutiona...
Sydney, Australia (ABN Newswire) - On 12 April 2024, Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) announced it had entered into an unconditional agreement to sell Empire Energy E&P LLC ("Empire E&P") to PPP Future Development, Inc for up to US$9.1 million. Empire E&P is the o...
Sydney, Australia (ABN Newswire) - Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) has entered into an unconditional agreement to sell its US oil & gas assets located in the Appalachian region for up to US$9.1 million, comprising: Upfront Cash Payment: US$5.9 million and Contingent and Sola...