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
Empire Energy (ASX:EEG) (OTCMKTS:EEGUF) holds over 14.5 million acres of highly prospective exploration tenements in the McArthur and Beetaloo Basins, Northern Territory. Work undertaken by the Company since 2010 demonstrates that the Eastern depositional Trough of the McArthur Basin, of which the Company holds 80% has very considerable conventional and unconventional hydrocarbon potential. The Beetaloo sub-Basin, in which Empire holds a substantial position, has independently assessed world class hydrocarbon volumes in place with a major ramp up in industry activity underway to appraise substantial discoveries already made by major Australian oil and gas operators.
Empire Energy is an experienced conventional oil and gas producer with operations in the Appalachia region (New York and Pennsylvania). Empire has been successfully developing and producing oil and gas since 2006.
Empire Energy Group Ltd