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  204.79
+3.64 (1.81%)
AAPL  264.35
+0.47 (0.18%)
AMD  200.12
-2.96 (-1.46%)
BAC  53.36
+0.62 (1.18%)
GOOG  303.94
+1.12 (0.37%)
META  643.22
+3.93 (0.61%)
MSFT  399.60
+2.74 (0.69%)
NVDA  187.98
+3.01 (1.63%)
ORCL  156.17
+2.20 (1.43%)
TSLA  411.32
+0.69 (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.