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Australia: Empire successfully raises $27.5 million via a Placement

Empire Energy has received binding firm commitments to raise $27.5 million (before costs) via a strongly supported single-tranche placement. Empire is now fully funded for the drilling, fracture stimulation and flow testing of the Carpentaria-3H well in EP187 in H2 2022.
Northern Territory United States Alex Underwood Bryan Sheffieldprovided Founder Of Parsley Energy Inc Empire Energy

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