Empire Energy Group Ltd.

Empire Energy Group Ltd. is pleased to announce the safe and successful placement of four hydraulic fracture stimulation stages in its Carpentaria-1 well where four 'stacked' shale targets within the Velkerri Formation are in the process of being evaluated. Carpentaria-1 is in Empire's wholly owned and operated EP187 permit located in the Beetaloo Sub-basin, Northern Territory. Vertical fracture stimulation stages were [...]

Empire Energy Group Ltd. pleased to announce the commencement of the fracture stimulation, flowback and extended production testing program at Carpentaria-1. Carpentaria-1 is in Empire's wholly-owned and operated EP187, in the Beetaloo Sub-basin, Northern Territory. Four fracture stimulation stages will be undertaken from the vertical wellbore, targeting the A Shale, Intra A / B Shale, B Shale and C Shale of the Middle [...]

By any measure this has been an exciting year, with major developments for Empire Energy Group Ltd. through a period of volatile economic conditions and oil prices. Recent events in the Australian energy markets highlight the critical role for gas in stabilising the electricity system, its dependent industries and consumers. The power failures this last week at Callide in Queensland and inter alia Liddell in New South [...]

Empire Energy Group Ltd. is pleased to announce that EMG Northern Territory Holdings Pty Limited , Imperial Oil & Gas A Pty Limited , a wholly owned subsidiary of Empire, and Pangaea Pty Limited have entered into an amended Share Purchase Agreement which gives legal effect to the EMG NT tag-along notice announced on 26 April 2021. The Amended SPA replaces the Share Purchase Agreement between Imperial A and Pangaea [...]

Empire Energy Group Ltd. is pleased to advise shareholders that it has completed the Share Purchase Plan announced on 23 April 2021. Over 400 Empire shareholders have participated in the SPP. Due to very strong demand for SPP shares, the Board has exercised its discretion to increase the size of the SPP to $6 million in order to accommodate Empire shareholders who have demonstrated their support for the Company by [...]

Tamboran Resources Limited is pleased to announce that the Tanumbirini #2H horizontal gas well commenced drilling operations. Highlights - Tanumbirini #2H drilling commenced on EP 161 - Well targets ~4,800 metre total depth and will be hydraulically fracture-stimulated with 10-20 stages across the Mid-Velkerri B shale horizontal sections with an extended flow test to follow - Drilling anticipated to complete in Q3 2021 [...]

Tamboran Resources Limited today released its inaugural Sustainability Plan, outlining the Company's wide-ranging set of commitments and actions to achieve its vision of playing a part in the global energy transition to a lower carbon future through the development of a large-scale, clean, low CO2 natural gas resource in the Beetaloo Sub-basin in the Northern Territory of Australia. Pursuant to its vision, Tamboran aims [...]

Empire Energy has agreed to acquire an 82.5% interest in Exploration Permits EP167, EP168, EP169, EP198 and EP305 from Pangaea, a company founded and owned by Mr Paul Fudge, an established company builder and hydrocarbon project operator. The Vendor Tenements complement our existing acreage in the Northern Territory's the Greater McArthur Basin and Beetaloo Sub-Basin. Netherland, Sewell and Associates, Inc has [...]

During Q1, Empire Energy Group Ltd. announced a 47% upgrade to its best estimate Prospective Gas Resource to 3.5 TCF and a maiden best estimate Contingent Gas Resource of 41 BCF within EP187. Empire also made material progress during the quarter planning for an active field season this year. After quarter end, the Company agreed, subject to customary conditions precedent, to acquire the Beetaloo Basin properties of [...]

Empire Energy Group Ltd. is pleased to announce that EMG Northern Territory Holdings Pty Limited , a member of The Energy & Minerals Group , has delivered a Notice of Exercise of Tag Along Right to Pangaea Pty Limited pursuant to which it has exercised its right to sell its 17.5% interest in EP167, EP168, EP169, EP198 and EP305 to Imperial Oil & Gas A Pty Limited, a wholly owned subsidiary of Empire, on the same pro rata [...]