Empire Energy Group Ltd

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) is actively developing the Beetaloo Basin, a key shale gas resource in Northern Australia, strategically located near Asian LNG markets.

During the Quarter, Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) drilled the Carpentaria-5H well. The primary objective of C-5H is to produce gas for the Carpentaria Pilot Project.

Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce that the C-5H well, targeting the Velkerri-B shale formation, reached a total length of 5,310 metres (17,421 feet) on 20 December 2024.

Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce it has executed binding term sheets with Macquarie Bank Limited for the establishment of new credit facilities totaling A$65 million.

Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce that it has commenced drilling of the Carpentaria-5H well in Empire's 100% owned and operated Beetaloo Basin permit EP187.

Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce the Northern Territory Department of Lands, Planning and Environment has approved Empire's Environment Management Plan ("EMP) for the Carpentaria Pilot Project.

Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF) provide the Quarterly Activities Report for the period ending September 2024.

In the half year to 30 June 2024, Empire Energy Group Ltd (ASX:EEG) (OTCMKTS:EEGUF), has been focussed on advancing to first commercial gas production from the Beetaloo.

Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce it has executed a Drilling Contract with Ensign Australia Pty Limited for the drilling of the Carpentaria-5H well in EP187.

After Quarter-end, Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) announced it had signed a binding long-term Gas Sales Agreement ("GSA") to supply the Northern Territory Government.