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Empire Energy Group Ltd (ASX:EEG) Material Beetaloo Resource Upgrade - ABN Newswire (@ABN_Newswire)

Empire Energy Group Ltd (ASX:EEG) Material Beetaloo Resource Upgrade

OTCMKTS:EEGUF) is pleased to advise shareholders that Netherland, Sewell & Associates, Inc. ( NSAI ) has prepared an updated independent resource report for Empire s 100% owned and operated EP187 tenement located in the Beetaloo Sub-basin, Northern Territory, utilising the technical results of the Carpentaria-1 drilling program.
Highlights
- Empire has booked a maiden best estimate prospective condensate resource of 27 million barrels
- Empire has booked a maiden best estimate contingent gas resource of 41 BCF in the immediate vicinity of the Carpentaria-1 well location
- Empire has received Northern Territory Government approvals to carry out hydraulic stimulation and flow testing of the vertical Carpentaria-1 well ....

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Empire Energy Group Ltd (ASX:EEG) Material Beetaloo Resource Upgrade - ABN Newswire (@ABN_Newswire)

Empire Energy Group Ltd (ASX:EEG) Material Beetaloo Resource Upgrade - ABN Newswire (@ABN_Newswire)
abnnewswire.net - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from abnnewswire.net Daily Mail and Mail on Sunday newspapers.

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