Empire Energy Group Ltd Stock Market Press Releases and Company Profile
2020 Annual Report
2020 Annual Report

Sydney, Mar 31, 2021 AEST (ABN Newswire) - During the financial year the principal continuing activities of Empire Energy Group Ltd (googlechartASX:EEG) (googlechartEEGUF:OTCMKTS) consisted of the progression of exploration and appraisal work programs in Empire's wholly owned and operated exploration tenements and applications located in the highly petroleum prospective Northern Territory McArthur Basin (including the Beetaloo Sub-Basin).

Key activities completed during the year included the successful drilling of the Carpentaria-1 well in Empire's EP187 permit, intersection of liquids-rich gas at Carpentaria-1, certification of a prospective resources by Netherland, Sewell and Associates Inc and preparation for further exploration and appraisal activities.

The production and sale of oil and natural gas in the United States of America. The Empire Group sells its oil and gas products primarily to owners of domestic pipelines, utilities and refiners located in Pennsylvania and New York.

To view the Annual Report, please visit:
https://abnnewswire.net/lnk/93MK8962


About Empire Energy Group Ltd

Empire Energy (ASX:EEG) (OTCMKTS:EEGUF) is a Sydney based Australian oil and gas company holding 100%-owned and operated assets with unconventional targets in the Northern Territory Beetaloo Sub-basin and central trough of the McArthur Basin.

Empire is an active Beetaloo Sub-basin operator, focused on maturing its assets to production. Following the successful appraisal drilling and flow testing of the Carpentaria-2H and 3H wells in Empire's EP187, Empire is targeting first gas flow in H1 2025 at its Carpentaria Pilot Project. The Pilot has a targeted sales gas rate of up to 25 TJ per day utilising the existing McArthur River Pipeline.

abnnewswire.com 


Contact

Empire Energy Group Ltd
E: info@empiregp.net
T: +61-2-9251-1846
F: +61-2-9251-0244
WWW: www.empireenergygroup.net



ABN Newswire
ABN Newswire This Page Viewed:  (Last 7 Days: 18) (Last 30 Days: 49) (Since Published: 5452)