On 9 December 2022, the Australian Treasurer, in a joint media release with the Minister for Climate Change and Energy, the Minister for Resources and the Minister for Industry and Science , announced measures to limit the impact of high gas prices on Australian consumers. The measures include a temporary price cap of $12 / GJ for new domestic wholesale gas contracts by east coast producers for 12 months for gas sourced [...]
Empire Energy Group Ltd. announce that the Carpentaria-2H flow testing has recommenced with a Production Logging Tool to be run while flowing gas to surface. This will allow Empire to obtain highly detailed data detailing the relative contribution to overall flow rates from each fracture stimulation stage and to further optimise fracture stimulation design, and therefore gas flow rate productivity, including in the [...]
Empire Energy Group Ltd. announce that the production casing has been successfully run to the end of the lateral section in the record-breaking Carpentaria-3H horizontal well . Schlumberger Land Rigs 185 was released on 21 November 2022 and is being moved to the C-4V drill pad. The C-3H fracture stimulation is expected to commence in early December and Carpentaria-4V vertical well drilling is also expected to commence in [...]
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Empire Energy Group Ltd. report that the record-breaking Carpentaria-3H was drilled on time and under budget. Fracture simulation and flow testing of C-3H and Capentaria-4V drilling to commence imminently. Key Points - C-3H drilled to total depth of 4,460 metres on time and under budget - Total horizontal section length of 2,632 metres drilled, of which 2,374 metres was successfully placed within the target Velkerri-B [...]
Empire Energy Group Ltd. provide the Quarterly Activities Report for the Q3 2022 period. - Carpentaria-2H achieved a peak flow rate of > 11 mmcf per day, an initial production rate over 30 days of 2.4 mmcf per day , and an initial production rate over 51 days of 2.2 million cubic feet per day - Carpentaria-3H drilling commenced on 13 October 2022 targeting a 2,000 metre horizontal section that is to be hydraulically [...]
Empire Energy Group Ltd. is pleased to provide shareholders with this update of operations in Empire's 100% owned and operated EP187 tenement, located onshore Northern Territory in the Beetaloo Sub-basin . - Carpentaria-3H , Empire's second horizontal appraisal well with a planned 2,000m horizontal section targeting the Velkerri B shale, has commenced drilling - C-2H average production rate over the first 51 days of [...]
Empire Energy Group Ltd. is pleased to provide shareholders with an update regarding the operations in Empire's 100% owned and operated EP187 tenement, located onshore Northern Territory in the Beetaloo Sub-basin . Comments from Managing Director Alex Underwood: "The Empire team continues to be encouraged with the results that we are seeing at Carpentaria-2H. The well continues to produce strongly, evidently with a [...]
Empire Energy Group Ltd. Managing Director, Alex Underwood, is today presenting to the South East Asia Australia Offshore & Onshore Conference in Darwin. A copy of his presentation which outlines the steps to be taken by the Company in pursuit of its objective to reach production and commercial cash flow is linked below. Following the Company's successful Placement and Share Purchase Plan to raise $30 million for Empire [...]
Empire Energy Group Ltd. is pleased to provide shareholders with an update regarding the ongoing flow testing of the Carpentaria-2H well in Empire's 100% owned and operated EP187 tenement, located in the Northern Territory's Beetaloo Sub-basin. - Average of 2.6 million standard cubic feet per day sustained flow rate achieved over the first 13 days of flow testing with negligible decline - Flow rate was achieved from 927m [...]
Empire Energy Group Ltd. , a key milestone in the execution of the 2022 drilling, stimulation and flow testing program, the largest in the company's history. Comments from Managing Director Alex Underwood: "I am delighted that our operations team has successfully stimulated Carpentaria-2H, the largest stimulation of a Beetaloo well to date, without environmental or safety incident. This is another big milestone for Empire [...]
Empire Energy Group Ltd. provide the Quarterly Activities Report June 2022. Q2 2022 Highlights - Carpentaria-2H hydraulic stimulation is progressing - Preparations continue for the drilling of Carpentaria-4V, and drilling and hydraulic stimulation of Carpentaria-3H later in 2022 - Empire received Beetaloo Cooperative Drilling Program progress payments totaling $5.4 million in cash during the Quarter - Mr. Robin Polson [...]