Empire Energy has announced the completion of the acquisition of Pangaea and EMG Northern Territory Holdings 100% interests in EP167, EP168, EP169, EP198 and EP305, located onshore in the Northern Territory’s Beetaloo Sub-basin.
Empire Energy Group Ltd (ASX:EEG) Quarterly Activities Report
Quarterly Activities ReportSydney, July 30, 2021 AEST (ABN Newswire) - The second Quarter has been productive for Empire Energy Group Limited (
Major highlights of the Quarter:
- Transformational acquisition of Pangaea and EMG NT, Beetaloo Sub-basin assets, nearly doubling Empire s NT acreage focused on the highly prospective Beetaloo Sub-basin
- Post-acquisition, Empire s best estimate Prospective Resources (2U) will total ~47 Tcfe comprising 42 Tcf gas and 791 MMbbls liquids (condensate and oil) while 2C Contingent Resources will be 220 Bcfe comprising 199 BCF gas and 3.5 MMbbls of liquids
- The Board and management team of Empire has been strengthened with Mr Louis Rozman completing his first full Quarter as a Director and Mr Paul Fudge and Ms Jacqui Clarke (his alternate) will join the Board once the acquisition completes
Empire Energy Group Ltd (ASX:EEG) Chairman s Address to Shareholders
Chairman s Address to ShareholdersSydney, May 27, 2021 AEST (ABN Newswire) - By any measure this has been an exciting year, with major developments for Empire Energy Group Ltd (
OTCMKTS:EEGUF) through a period of volatile economic conditions and oil prices.
Recent events in the Australian energy markets highlight the critical role for gas in stabilising the electricity system, its dependent industries and consumers. The power failures this last week at Callide in Queensland and inter alia Liddell in New South Wales impacting many households and putting at risk the Tomago Aluminium Smelter make this all too clear.
Student midwife of the year
The winner of midwife of the year was Jacqui Clarke, who has worked at the Trust since 1987, for her above and beyond care to both colleagues and mums. One of her colleagues said: “Jacqui is the midwife you always want to work a shift with. She is kind, caring, professional, supportive but also has a sense of humour and a listening ear for those times when you need it.”
On winning her award, Jacqui said: “It felt so special that my colleagues had made the effort to vote for me in what has been such a busy and sometimes difficult time for us all.