Empire Energy Group Ltd Stock Market Press Releases and Company Profile

Mobilisation of SLR Rig 183 to the Beetaloo Sub-basin

Mobilisation of Drilling Rig
Mobilisation of Drilling Rig

Sydney, Sep 10, 2020 AEST (ABN Newswire) - Empire Energy Group Limited (googlechartASX:EEG) (googlechartEEGUF:OTCMKTS) is pleased to announce that Schlumberger Land Rigs 183 rig has commenced mobilisation to the Carpentaria-1 well site in NT permit EP187. Empire expects to commence drilling the Carpentaria-1 well in the second half of September 2020.

Civil works are progressing well in preparation for the drilling of Carpentaria-1 including water bore drilling, upgrading the access track, and preparing the well pad. In line with Empire policy, these civil works are being conducted by wholly owned and operated Northern Territory based companies and personnel.

The planned 2,900m well, will be drilled, logged, cored, cased and suspended, representing a major step forward in Empire's assessment of the eastern Beetaloo Sub-basin and the further appraisal of the known productive horizons within the thick Kyalla Shale and Velkerri Shale sequences which have been demonstrated to be hydrocarbon productive in Santos Limited and Origin Energy Limited wells to the west. Empire intends to re-enter Carpentaria-1 after the wet season to carry out a vertical fracture stimulation and extended production test.

The development of the Beetaloo Sub-basin oil and gas fields has been highlighted by the Northern Territory Economic Reconstruction Commission as central to plans for a strong and prosperous industrial future for the NT.


About Empire Energy Group Ltd

Empire Energy (ASX:EEG) (OTCMKTS:EEGUF) is a Sydney based Australian oil and gas company holding 100%-owned and operated assets with unconventional targets in the Northern Territory Beetaloo Sub-basin and central trough of the McArthur Basin.

Empire is an active Beetaloo Sub-basin operator, focused on maturing its assets to production. Following the successful appraisal drilling and flow testing of the Carpentaria-2H and 3H wells in Empire's EP187, Empire is targeting first gas flow in H1 2025 at its Carpentaria Pilot Project. The Pilot has a targeted sales gas rate of up to 25 TJ per day utilising the existing McArthur River Pipeline.

abnnewswire.com 


Contact

Empire Energy Group Ltd
E: info@empiregp.net
T: +61-2-9251-1846
F: +61-2-9251-0244
WWW: www.empireenergygroup.net



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