Northern Territory Operations Update
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
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.
Empire Energy Group Ltd