EEG
Empire Energy Group Ltd
- Announcements, last 12 months
- 0
- Price sensitive, last 12 months
- 0
- Followed on InvestorPA
- Low (Outside the 20% most-followed companies on InvestorPA)
Latest announcements
Sign in to see all EEG announcements.
Guidance history
| 23 May 2025 | The Company expects to raise up to $3 million under the SPP Offer. The funds raised, along with existing cash and undrawn funding, will be used to finance the fracture stimulation and flow testing of Carpentaria-5H in the Beetaloo Basin, installation of the Carpentaria gas plant and in-field infrastructure, working capital and costs of the Placement and the SPP. | |
| 16 May 2025 | Empire is targeting first gas sales from the Carpentaria Pilot Project in 2025, with the potential to grow to LNG scale in the years ahead. The company has a 10-year binding gas sales agreement with the Northern Territory Government for up to 25 TJ/d, with an option for an additional 10 TJ/d. | |
| 16 May 2025 | Empire is approaching a critical point of development with the hydraulic stimulation of the Carpentaria-5H well commencing in June 2025. Post stimulation and soaking, flow-testing will commence to assess production rates over 30 days with results anticipated in Q3 2025. |
Sign in to see the full guidance history.
Most followed in Energy
Follow EEG to get its announcements emailed to you, with AI summaries, the full announcement and guidance history, and its most significant announcements.
Sign in