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Empire Energy Group Ltd (ASX:EEG) Quarterly Activities Report
Quarterly Activities ReportSydney, July 30, 2021 AEST (ABN Newswire) - The second Quarter has been productive for Empire Energy Group Limited ( Major highlights of the Quarter: - Transformational acquisition of Pangaea and EMG NT, Beetaloo Sub-basin assets, nearly doubling Empire s NT acreage focused on the highly prospective Beetaloo Sub-basin - Post-acquisition, Empire s best estimate Prospective Resources (2U) will total ~47 Tcfe comprising 42 Tcf gas and 791 MMbbls liquids (condensate and oil) while 2C Contingent Resources will be 220 Bcfe comprising 199 BCF gas and 3.5 MMbbls of liquids - The Board and management team of Empire has been strengthened with Mr Louis Rozman completing his first full Quarter as a Director and Mr Paul Fudge and Ms Jacqui Clarke (his alternate) will join the Board once the acquisition completes ....
Empire Energy Group Ltd (ASX:EEG) Quarterly Activities Report
OTCMKTS:EEGUF) announced a 47% upgrade to its best estimate Prospective Gas Resource to 3.5 TCF (47% increase) and a maiden best estimate Contingent Gas Resource of 41 BCF within EP187. Empire also made material progress during the quarter planning for an active field season this year. After quarter end, the Company agreed, subject to customary conditions precedent, to acquire the Beetaloo Basin properties of Pangaea Resources, making Empire one of the largest acreage holders in the Greater McArthur Basin and Beetaloo Sub-basin. Key highlights include: - Empire s best estimate Prospective Resources have nearly trebled to ~41 TCFe comprising 37 TCF gas and 657 MMbbls liquids (condensate and oil) ....
Empire Energy Group Ltd (EEG.AX) Appoints Mr Louis Rozman as Director yahoo.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from yahoo.com Daily Mail and Mail on Sunday newspapers.
Empire Energy Group Ltd (ASX:EEG) Appoints Mr Louis Rozman as Director
Appoints Mr Louis Rozman as DirectorSydney, Mar 11, 2021 AEST (ABN Newswire) - Empire Energy Group Limited ( OTCMKTS:EEGUF) is pleased to announce the appointment of Mr Louis Rozman to the Board of Directors. Mr Rozman has had a distinguished career in the natural resources sector across operations, development and project financing. His experience includes construction, project management, joint ventures and project financing including private equity. He has held numerous senior management positions in the industry. His experience as Chief Executive Officer of CH4 Gas Limited ( CH4 ) a successful Queensland coal seam gas developer and producer, is of direct relevance to Empire s growth plans. CH4 was one of the first companies to commercialise a Queensland coal seam methane project. CH4 merged with Arrow Energy in 2006, and the enlarged business was later acquired by Royal Dutch S ....