The Directors of Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGNY) are pleased to provide shareholders with an update on the lifting of the fracking moratorium in the Northern Territory.
Empire Energy Group Ltd
The Company has over 14.5 million acres in the McArthur & Beetaloo Basins, Northern Territory, both of which are considered highly prospective for large shale oil and gas resources. Work undertaken by the Company over the past 5 years demonstrates that the Central Trough of the McArthur Basin, of which the Company holds around 80%, is highly prospective, with key similarities to those extending through Oman, Siberia and Southern China and which contain resources of billions of barrels of oil equivalent.
Indago Energy Ltd (ASX:INK) (OTCMKTS:POGLY) is pleased to provide the Company's Quarterly Activities and Cashflow Report.
Indago Energy Ltd (ASX:INK) (OTCMKTS:POGLY) is pleased to provide the company's Quarterly Activities and Cashflow Report for the period ended 30th September 2016.
Oil production net to Pryme Energy Limited (ASX:PYM) for the June quarter of 2015 exceeded March quarter production by approximately 139%, similarly natural gas production was up 633% over the previous quarter.
Pryme Energy Limited (ASX:PYM) (OTCMKTS:POGLY) is pleased to announce that it has purchased 2,230 net acres in an oil rich region of the Mississippian Lime in Oklahoma. In conjunction with the acquisition Pryme will enter a 50/50 joint venture with Empire Energy Limited (ASX:EEG) with the objective of growing and developing its footprint within the Mississippian Lime (Newkirk JV).
The Board of Raya Group Ltd (ASX:RYG) would like to announce that it has completed a private placement to sophisticated investors raising $200,000 at an above market unit price of 1c per ordinary share.
Raya Group Ltd (ASX:RYG) USA Joint Venture with Empire Energy Group for Mid-Continent Oil and Gas Project
Raya Group Limited (ASX:RYG) is pleased to advise that its US based subsidiary has executed a Letter of Intent (LOI) with the USA subsidiary of Empire Energy Group Limited (ASX:EEG) to jointly identify, acquire and develop oil and gas leases in an exclusive Area of Mutual Interest (AMI) in Northern Oklahoma.