bullish

Empire Energy

Empire Energy Group (ASX:EEG) - Gas Bells Are Ringing

528 Views07 Apr 2023 13:08
Issuer-paid
SUMMARY
  • Carpentaria-2H testing results continue to build the economic case for EEG
  • IP30 gas flow of 3.0 mmcfd/1000m (normalised) is on the button and early analysis suggests gas recoveries of 6-8Bcf/well could be achievable
  • The business case is building with upgraded resource certification to come heading to a FID target date of end-2023.
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