Financial News

Empire Energy says early signs point to economic Beetaloo Basin flow rates

Empire Energy Group Ltd (ASX:EEG, OTC:EEGUF) MD Alex Underwood discusses encouraging flow test results from the Carpentaria wells within the Beetaloo Sub-Basin in Australia's Northern Territory. After reopening C-2H, production quickly built to more than 3 million standard cubic feet per day (mmcf/day) and has now stabilised at 3.25 mmcf/day. This represents a 33% increase compared to the corresponding flow rate after the first eight days of pre-shut-in initial flow.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

Jonathan@proactiveinvestors.com

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