Skip to main content

Empire Energy welcomes ‘nationally significant’ Beetaloo Basin resource

--News Direct--

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 gas. He says the results demonstrate a substantial increase in the contingent resources of EP187 including a 270% increase in 2C contingent resources to 1,739 Petajoules (PJ) representing an average estimated ultimate recovery (EUR) per well of 7.9 PJ.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

Jonathan@proactiveinvestors.com

View source version on newsdirect.com: https://newsdirect.com/news/empire-energy-welcomes-nationally-significant-beetaloo-basin-resource-217599715

Recent Quotes

View More
Symbol Price Change (%)
AMZN  204.66
-0.12 (-0.06%)
AAPL  261.06
-3.30 (-1.25%)
AMD  202.92
+2.80 (1.40%)
BAC  52.70
-0.66 (-1.25%)
GOOG  302.87
-1.07 (-0.35%)
META  644.54
+1.32 (0.21%)
MSFT  398.36
-1.24 (-0.31%)
NVDA  187.47
-0.51 (-0.27%)
ORCL  156.32
+0.15 (0.10%)
TSLA  410.61
-0.71 (-0.17%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.