Empire Energy Group Ltd (ASX:EEG) Half Yearly Report and Accounts

The impact of shale drilling and completion technology in the United States of America over the last 15 years cannot be overstated. The US has gone from being heavily reliant on imported energy to energy self-sufficient.

The displacement of coal generated baseload power with shale gas generated baseload power has driven down aggregate CO2 emissions. Affordable shale derived oil and natural gas has generated broad economic benefits for the people of the United States, with manufacturing flourishing, household energy bills lower, and millions of direct and indirect jobs created.

It is now Australia's opportunity to share in the substantial benefits that shale drilling and completion technology can bring.

As the only ASX-listed small cap company with a substantial acreage position in both the Beetaloo and McArthur Basins, Empire Energy shareholders are uniquely placed to generate substantial returns as these basins progress from the exploration stage into appraisal and development.

To view the Half Year Report, please visit:
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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.

 

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Empire Energy Group Ltd