Empire Energy Group Ltd (ASX:EEG) Northern Territory Operations Update

Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce that it has completed the acquisition phase of the 2019 EP187 2D seismic program.

The seismic acquisition was carried out by Australian seismic contractor Velseis.

The program was carried out safely and in accordance with all Northern Territory regulations.

The raw seismic data reviewed by Empire's technical team is of high quality.

Velseis' data processing group has commenced processing the data.

Once the data is processed, it will be interpreted in conjunction with seismic data in neighbouring tenements (which is now on open file) which will allow Empire to select drilling locations for its 2020 drilling program targeting the Velkerri Shale.

Following seismic data processing and interpretation, Empire expects to be able to finalise drilling locations early in the new year.

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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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