Categories: News

Empire Energy ‘leading development of the Beetaloo Basin’

Melbourne, Victoria – News Direct – 30 November 2022 –

Empire Energy Group Ltd (ASX:EEG) managing director Alex Underwood tells Proactive that successful drilling of the Carpentaria-3H well demonstrates that their team continues to lead the development of the Beetaloo Basin. He says the final cost of drilling and casing this latest well is likely to be lower than the cost of Empire’s first horizontal well, Carpentaria-2H, despite having double the length of horizontal section within the target Velkerri-B shale section.
Hashtag: #EmpireEnergy

The issuer is solely responsible for the content of this announcement.

Miscw.com

Recent Posts

JustMarkets Celebrates Key Milestones From 2024

HO CHI MINH CITY, VIETNAM - Media OutReach Newswire - 24 December 2024 - JustMarkets…

1 hour ago

Thailand Shines at ACES Awards 2024: Celebrating Leadership, Sustainability, and Innovation Across Industries

BANGKOK, THAILAND - Media OutReach Newswire - 24 December 2024 - The Asia Corporate Excellence…

1 hour ago

China Focus: Technology sows seeds of hope in combating desertification

HOHHOT, CHINA - Media OutReach Newswire - 23 December 2024 - China's National Forestry and…

11 hours ago

Novautek Honored with the “Outstanding SME ESG and Business Performance Award”

HONG KONG SAR - EQS Newswire - 23 December 2024 - Novautek Autonomous Driving Limited…

13 hours ago

V-GREEN and Xanh SM Indonesia sign MoU with Lippo for comprehensive green ecosystem in Indonesia

JAKARTA, INDONESIA - Media OutReach Newswire - 23 December 2024 - V-GREEN and PT Xanh…

14 hours ago

Molex Anticipates Steady Growth in High-Speed Connectivity in 2025, Driving Electronics Design Innovations Across Diverse Industry Sectors

Increase in opportunities predicted for high-speed optical transceivers and miniaturized connectivity solutions to address data-intensive…

16 hours ago