Perth, April 30, 2008 AEST (ABN Newswire) - Empire Oil & Gas NL (ASX: EGO)(PINK: EOLGF) Announce the Quarterly Report for the period ended 31 March, 2008. A summary is provided below.
The Full Quarterly Report is available at the Empire Oil & Gas Website:
http://www.empireoil.com.au/asx/index.html
SUMMARY OF QUARTERLY ACTIVITIES
CANNING BASIN
Test 1 well and reprocess seismic 2008. Plan seismic drilling 2 wells 2009+.
1. EP 104/R1 - Test Stokes Bay-1 - June/July 2008
Plan to open the completed Stokes Bay-1 well and stimulate the well to flow with separate testing operations.
2. EP 438 - Seismic reprocessing and evaluation of the re drilling Hedonia-1 and Goldwyer-1 2008.
Empire to acquire Maneroo Oil Company Limited - 60%, 2008.
Plan new seismic or drill 1 well - 2009
ARC Energy $3 million farmin 2008
3. EP 448 - Seismic reprocessing to determine leads for new seismic 2009
Empire to acquire Maneroo Oil Company Limited 45% - 2008
ARC Energy Farmin, 2008
CARNARVON BASIN
Planning to drill 6 wells and 1 optional well 2008
4. EP 460 - Drill Star Finch-1 June 2008
5. EP 461/EP 439 - Drill Lake MacLeod-1 July 2008
6. EP 359 - Drill Bee-Eater-1 August/September 2008
7. EP 444 - Drill 1 well Opal-1 or Topaz South September/October 2008
8. EP 444 - Drill Amethyst-1 October 2008
9. EP 412 - Drill Sandalwood-1 upon Bee-Eater discovery otherwise drill Thornbill-1
November 2008
10. EP 435 - Optional well drill Rainbow-1 December 2008
PERTH BASIN
3 Seismic Surveys recorded 2008 to decide drilling 3 wells 2009
11. EP 416 - Completed ≈ 50km 2D Seismic Survey 4 April 2008.
Plan to drill Wellesley-1 2009 on confirmation of new seismic interpretation 2008.
12. EP 432 - Completed ≈ 50km2 3D Seismic Survey 23 April 2008.
Plan to drill 1 well 2009 on confirmation of drillable prospects from new seismic interpretation 2008.
13. EP 389 - Commenced ≈ 50km2 3D Seismic Survey 26 April 2008.
Plan to drill Gingin West-1 2009 on confirmation of Gingin West Structure from new seismic interpretation 2008.
Contact
Mr Craig Marshall
Managing Director
TEL: +61-8-6389-2687
FAX: +61-8-9386-6812
EMAIL: cmarshall@empireoil.com.au
| ||
|
