Northern Territory Operations Update
Sydney, Nov 13, 2019 AEST (ABN Newswire) - Empire Energy Group Limited (
ASX:EEG) (EEGUF:OTCMKTS) is pleased to announce that it has completed the acquisition phase of the 2019 EP187 2D seismic program.
The seismic acquisition was carried out by Australian seismic contractor Velseis.
The program was carried out safely and in accordance with all Northern Territory regulations.
The raw seismic data reviewed by Empire's technical team is of high quality.
Velseis' data processing group has commenced processing the data.
Once the data is processed, it will be interpreted in conjunction with seismic data in neighbouring tenements (which is now on open file) which will allow Empire to select drilling locations for its 2020 drilling program targeting the Velkerri Shale.
Following seismic data processing and interpretation, Empire expects to be able to finalise drilling locations early in the new year.
To view images, please visit:
https://abnnewswire.net/lnk/EW6760JD
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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