Empire Energy Group Ltd

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) report that the Northern Territory Government has announced the finalisation of all 135 recommendations of the 2018 Scientific Inquiry into Hydraulic Fracturing in the NT.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) reports the new IP30 production rate of 2.81 mmscf per day reported for Carpentaria-2H ("C2H"), equivalent to over 3 mmscf per day per 1,000m of horizontal section, representing a 17% increase over the pre-soak IP30 previously reported.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) announce that Carpentaria-2H ("C-2H") has achieved a new average flow rate over 30 days ("IP30") of 2.81 mmscf per day, equating to a normalized flow rate of over 3 mmscf per day per 1,000m of horizontal section.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) report that the Carpentaria-3H ("C-3H") has been flow tested for 27 days and is currently shut in for soaking (the practice of shutting in a well for a period following fracture stimulation to maximise long-term productivity).

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) report that the Carpentaria-3H (C-3H) has been successfully stimulated, significantly below budget, delivering all 40 planned stages across 1,989 metres (6,526 feet) of horizontal well bore.

On 9 December 2022, the Australian Treasurer, in a joint media release with the Minister for Climate Change and Energy, the Minister for Resources and the Minister for Industry and Science, announced measures to limit the impact of high gas prices on Australian consumers.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) announce that the Carpentaria-2H (C-2H) flow testing has recommenced with a Production Logging Tool (PLT) to be run while flowing gas to surface.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) announce that the production casing has been successfully run to the end of the lateral section in the record-breaking Carpentaria-3H horizontal well (C-3H). Schlumberger Land Rigs 185 was released on 21 November 2022 and is being moved to the C-4V drill pad.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) report that the record-breaking Carpentaria-3H was drilled on time and under budget. Fracture simulation and flow testing of C-3H and Capentaria-4V drilling to commence imminently.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) provide the Quarterly Activities Report for the Q3 2022 period.