Half Yearly Report and Accounts
Sydney, Sep 13, 2019 AEST (ABN Newswire) - The impact of shale drilling and completion technology in the United States of America over the last 15 years cannot be overstated. The US has gone from being heavily reliant on imported energy to energy self-sufficient.
The displacement of coal generated baseload power with shale gas generated baseload power has driven down aggregate CO2 emissions. Affordable shale derived oil and natural gas has generated broad economic benefits for the people of the United States, with manufacturing flourishing, household energy bills lower, and millions of direct and indirect jobs created.
It is now Australia's opportunity to share in the substantial benefits that shale drilling and completion technology can bring.
As the only ASX-listed small cap company with a substantial acreage position in both the Beetaloo and McArthur Basins, Empire Energy shareholders are uniquely placed to generate substantial returns as these basins progress from the exploration stage into appraisal and development.
To view the Half Year Report, please visit:
https://abnnewswire.net/lnk/2UVNHJ0Z
About Beetaloo Energy Australia Limited
Beetaloo Energy Australia Limited (ASX:BTL) (OTCMKTS:EEGUF) holds 28.9 million acres of highly prospective exploration tenements in the McArthur Basin and Beetaloo Sub-basins, Northern Territory. Work undertaken by the Company since 2010 demonstrates that the Eastern depositional Trough of the McArthur Basin, of which the Company holds around 80%, has enormous conventional and unconventional hydrocarbon potential. The Beetaloo Sub-basin, in which Beetaloo Energy holds a substantial position, has world-class hydrocarbon volumes in place and a ramp up in industry activity to appraise substantial discoveries already made by major Australian oil and gas operators is ongoing.
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