Empire Energy Group Ltd S (ASX:EEG) (OTCMKTS:EEGUF) Beetaloo footprint is comparable in size to significant portions of the core areas of the Marcellus Shale play in the Appalachian Basin.
Empire Energy has announced a Beetaloo operations update. Carpentaria-2H flow testing complete following continued strong gas rates. Development planning for pilot project final investment decision continues. Multiple parties are expressing strong interest in purchasing Empire’s Beetaloo gas in both the pilot phase and full development phase.