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  204.42
-5.69 (-2.71%)
AAPL  265.84
+1.26 (0.48%)
AMD  198.18
-1.97 (-0.98%)
BAC  51.57
-1.49 (-2.81%)
GOOG  315.89
+0.99 (0.31%)
META  647.56
-8.10 (-1.24%)
MSFT  387.72
-9.51 (-2.39%)
NVDA  191.33
+1.51 (0.80%)
ORCL  141.38
-6.70 (-4.53%)
TSLA  403.87
-7.95 (-1.93%)
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.