Skip to main content

Empire Energy says early signs point to economic Beetaloo Basin flow rates

Empire Energy Group Ltd (ASX:EEG, OTC:EEGUF) MD Alex Underwood discusses encouraging flow test results from the Carpentaria wells within the Beetaloo Sub-Basin in Australia's Northern Territory. After reopening C-2H, production quickly built to more than 3 million standard cubic feet per day (mmcf/day) and has now stabilised at 3.25 mmcf/day. This represents a 33% increase compared to the corresponding flow rate after the first eight days of pre-shut-in initial flow.

Contact Details

Proactive Investors

Jonathan Jackson

+61 413 713 744

Jonathan@proactiveinvestors.com

Recent Quotes

View More
Symbol Price Change (%)
AMZN  210.20
+5.34 (2.61%)
AAPL  262.67
+2.09 (0.80%)
AMD  203.42
+0.05 (0.02%)
BAC  52.55
-0.22 (-0.42%)
GOOG  314.44
+10.88 (3.59%)
META  656.55
+11.77 (1.83%)
MSFT  398.42
-0.04 (-0.01%)
NVDA  189.46
+1.56 (0.83%)
ORCL  152.23
-4.31 (-2.75%)
TSLA  412.81
+1.10 (0.27%)
Stock Quote API & Stock News API supplied by www.cloudquote.io
Quotes delayed at least 20 minutes.
By accessing this page, you agree to the Privacy Policy and Terms Of Service.