Skip to main content

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

--News Direct--

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

View source version on newsdirect.com: https://newsdirect.com/news/empire-energy-says-early-signs-point-to-economic-beetaloo-basin-flow-rates-336322177

Recent Quotes

View More
Symbol Price Change (%)
AMZN  203.95
-6.16 (-2.93%)
AAPL  266.26
+1.69 (0.64%)
AMD  196.28
-3.87 (-1.94%)
BAC  51.53
-1.53 (-2.87%)
GOOG  313.90
-1.00 (-0.32%)
META  643.19
-12.47 (-1.90%)
MSFT  386.33
-10.90 (-2.74%)
NVDA  190.83
+1.01 (0.53%)
ORCL  139.59
-8.49 (-5.73%)
TSLA  398.47
-13.35 (-3.24%)
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.