Oz Empire Upgrades NT Resources by 47% Feb 22, 2021 3:40:am Summary by: Shardul Sharma Posted in: Oz Empire Upgrades NT Resources by 47% Sydney-listed Empire Energy on February 22 announced a resource upgrade for its 100% owned and operated EP187 tenement located in the Beetaloo sub-basin, Northern Territory. Empire said that Netherland, Sewell & Associates has prepared an updated independent resource report utilising the technical results of the Carpentaria-1 drilling programme. The best estimate prospective gas resource for EP187 has increased by 47% to 3.5 trillion ft 3. The company has booked a maiden best estimate prospective condensate resource of 27mn barrels. It has also booked a maiden best estimate contingent gas resource of 41bn ft