bullish
Empire Energy Group Ltd - Cashed up – Next Stop FID
SUMMARY
- 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 investment case is building with the development model becoming more defined after the completion of the Carpentaria-3H testing campaign.
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