Daily BriefsEnergy & Materials Sector

Daily Brief Energy/Materials: Ecopro Co Ltd, Empire Energy and more

In today’s briefing:

  • Ecopro – Is This the Start of the End?
  • Empire Energy Group Ltd – NT Gas Policy Now Set – It’s Back to EEG

Ecopro – Is This the Start of the End?

By Ken S. Kim

  • A SELL note from a broker on Ecopro BM Co Ltd (247540 KS) was a key reason for the 7% and 8+% fall for Ecopro Co Ltd (086520 KS) .  
  • Is this finally start of the end of the rally for the poster boy for Korean EV 
  • When will earnings matter and what are the catalysts that could start the downfall?

Empire Energy Group Ltd – NT Gas Policy Now Set – It’s Back to EEG

By Research as a Service (RaaS)

  • Empire Energy Group Limited (ASX:EEG) is an oil and gas producer/developer, with onshore Northern Territory (NT) and US oil/gas production assets.
  • EEG has the largest tenement position in the highly prospective Greater McArthur Basin, which includes the Beetaloo Sub-basin.
  • The NT energy basins are fast developing as strategic high-calorific gas bolsters for east coast Australia’s future domestic requirements, growing Gladstone LNG ullage and potential supply for Darwin’s expanding LNG export terminals, amid funding support from Territory and Federal governments. 

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