Empire Energy Group Ltd.

Empire Energy Group Ltd. report that the Carpentaria-3H has been shut-in following completion of extended production testing. The 90-day initial production rate achieved for C-3H was 3.1 TJ per day. Carpentaria-2H and C-3H are now available to form part of the Carpentaria Pilot Project well inventory with the intention to tie into facility infrastructure for production. APA will spend up to $5 million on Engineering and [...]

Empire Energy Group Ltd. announces $15.6 million R&D Tax Offset received in cash. - Current cash balance is now $29.3 million - Empire anticipates that it is fully funded to progress to EP187 Carpentaria Pilot Project Final Investment Decision Comments from Managing Director Alex Underwood: "The Empire team is pleased to have received this R&D tax offset as it positions us to focus on completing the Pilot Project FID [...]

Empire Energy Group Ltd. has had another productive half year as we progress towards our goal of maiden commercial production from the Beetaloo Basin. These developments come at a critical time for NT and East Coast Australia energy security as existing sources of gas supply decline. The Beetaloo Basin offers the lowest CO2 source of new gas supply into constrained markets. Carpentaria-2H was brought back online to test [...]

Empire Energy Group Ltd.'S Beetaloo footprint is comparable in size to significant portions of the core areas of the Marcellus Shale play in the Appalachian Basin. More than 9,000 wells are producing from similar depths to Empire Beetaloo play across both core areas The majority of the more than 27,000 producing Marcellus Shale wells are less than 2,250 metres below ground level Marcellus shale producing acreage has [...]

Empire Energy Group Ltd. is pleased to announce it has executed an initial agreement with APT Management Services Pty Limited, a wholly owned subsidiary of APA Group, for the establishment of midstream gas infrastructure early works and partnering agreements where, subject to entering long-form agreements and approvals by each party, APA will spend up to $5 million under the Early Works Agreement on Engineering and Design [...]

Empire Energy Group Ltd. is pleased to provide shareholders with an update regarding the operations in Empire's 100% owned and operated EP187, located onshore Northern Territory in the Beetaloo Sub-basin . Carpentaria-3H Flow Testing Recommences On 3 August 2023, C-3H was re-opened for continued extended production testing . Empire expects to continue the EPT for up to 90 days. The purposes of re-opening the C-3H well for [...]

"The Empire Energy Group Ltd. team has had another successful Quarter, highlighted by a substantial increase in independently assessed EP187 contingent resources following the successful 2022 field programs. The flow test results achieved at Carpentaria-2H and Carpentaria-3H , and drilling results at Carpentaria-4V, establish a solid platform upon which the Empire team is now progressing towards pilot production in EP187 [...]

Empire Energy Group Ltd. is pleased to announce a major upgrade to its independently assessed EP187 Contingent and Prospective Resources. The resources estimate for Empire's wholly owned and operated EP187 permit has been prepared by Netherland, Sewell & Associates, Inc. , a worldwide leader of petroleum property analysis to industry, financial organisations and government agencies. - Successful 2022 Beetaloo work program [...]

Empire Energy Group Ltd. has completed Carpentaria-2H flow testing following continued strong gas rates. - Carpentaria-2H has produced a total of 323 Terajoules over 127 days - Gas composition has remained consistent with high calorific value and extremely low CO2 - This equates to a normalized rate of 2.75 TJ per day per 1,000 metres for the entire test period - The post-soak 2023 IP30 is now confirmed at 3.5 TJ per day [...]

Empire Energy Group Ltd. 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 chaired by Justice Rachel Pepper, establishing a platform for approval of gas production in the Beetaloo Sub-basin The regulatory framework the NT Government has put in place is now amongst the most extensive and robust in the [...]