Empire Energy Group Ltd

Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to advise that the fracture stimulation of Carpentaria-2H ("C-2H") has commenced. C-2H is located in Empire's 100% owned and operated EP187 Beetaloo Sub-basin acreage.

Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce that the Company's Share Purchase Plan to raise $2.5 million has been fully underwritten by Blue Ocean Equities Pty Limited.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) advises shareholders, post our recent capital raising while our SPP is still open, to bring you up to date on the opportunity ahead of us.

Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce that it has received binding firm commitments to raise $27.5 million via a strongly supported single-tranche placement of new fully paid ordinary shares to institutional and sophisticated investors at $0.22 per Share.

Developments in International and Australian Energy markets relevant for Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF). Events in Europe this year highlight the critical importance of gas for the functioning of the global economy.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) is completing preparations for the hydraulic stimulation and extended production test of Carpentaria-2H. Hydraulic stimulation of C-2H is expected to commence around the end of June 2022.

Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) continues to prepare for the hydraulic stimulation and extended production testing ("EPT") of Carpentaria-2H ("C-2H") to commence late Q2 2022.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) acquired Pangaea (NT) Pty Limited's and EMG Northern Territory Holdings Pty Limited's interests in EP167, EP168, EP169, EP198 and EP305, increasing our Northern Territory Beetaloo Sub-basin and greater McArthur Basin acreage position to 28.9 million acres.

Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to provide shareholders an update regarding grants awarded under the Australian Government's Beetaloo Cooperative Drilling Program.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce an update to its Beetaloo Sub-basin Contingent and Prospective Resources and US gas production asset reserves.