Developing Australia's North
Sydney, Nov 25, 2019 AEST (ABN Newswire) - With activities in the Beetaloo Basin ramping up, Empire Energy Group (
ASX:EEG) (EEGUF:OTCMKTS) is getting on with the job of adding value to their assets. Seismic acquisition is complete with processing and interpretation underway, drilling approvals are well advanced and drilling in 2020 is now fully funded following a successful capital raise.
Empire offers the most leveraged exposure for investors to these emerging basins which have the potential to transform Australia and Asia's energy markets.
Julian Malnic, Chairman of the Sydney Mining Club, interviews Managing Director Alex Underwood on the recent developments with Empire Energy and talks also about strong community engagement and indigenous support from Traditional Owners in the Northern Territory.
To view the Video, please visit:
https://www.abnnewswire.net/press/en/99727/eeg
About Beetaloo Energy Australia Limited
Beetaloo Energy Australia Limited (ASX:BTL) (OTCMKTS:EEGUF) holds 28.9 million acres of highly prospective exploration tenements in the McArthur Basin and Beetaloo Sub-basins, Northern Territory. Work undertaken by the Company since 2010 demonstrates that the Eastern depositional Trough of the McArthur Basin, of which the Company holds around 80%, has enormous conventional and unconventional hydrocarbon potential. The Beetaloo Sub-basin, in which Beetaloo Energy holds a substantial position, has world-class hydrocarbon volumes in place and a ramp up in industry activity to appraise substantial discoveries already made by major Australian oil and gas operators is ongoing.
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