Empire Energy Group Ltd (ASX:EEG) Beetaloo Operations Update
OTCMKTS:EEGUF) is pleased to provide an update on preparation for the fracture stimulation and flow testing of its 100% owned-and-operated Carpentaria-1 vertical exploration well in EP187, located on the eastern side of the Northern Territory s Beetaloo Sub-basin.
Comments from Managing Director Alex Underwood: 2020 has been a breakout year for Empire. We drilled our first Beetaloo Basin well, Carpentaria-1, which intersected the thickest interval of Middle Velkerri Shale of any well drilled in the basin to date, with the highest liquids to gas ratio. Following this success, we are now planning for appraisal stimulation and flow testing to commence at the beginning of next year s Dry Season.
Empire Energy Group Ltd (ASX:EEG) Beetaloo Operations Update
OTCMKTS:EEGUF) is pleased to provide an update on preparation for the fracture stimulation and flow testing of its 100% owned-and-operated Carpentaria-1 vertical exploration well in EP187, located on the eastern side of the Northern Territory s Beetaloo Sub-basin.
Comments from Managing Director Alex Underwood: 2020 has been a breakout year for Empire. We drilled our first Beetaloo Basin well, Carpentaria-1, which intersected the thickest interval of Middle Velkerri Shale of any well drilled in the basin to date, with the highest liquids to gas ratio. Following this success, we are now planning for appraisal stimulation and flow testing to commence at the beginning of next year s Dry Season.