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Empire Energy Group Ltd (ASX:EEG) $21 million Beetaloo Drilling Grants Approved

Empire Energy Group Ltd (ASX:EEG) $21 million Beetaloo Drilling Grants Approved

$21 million Beetaloo Drilling Grants ApprovedSydney, July 8, 2021 AEST (ABN Newswire) - Empire Energy Group Ltd (
Highlights:
- The Federal Government has approved up to $21 million in grant funding to Empire under the Beetaloo Cooperative Drilling Program
- The funding will support the drilling and flow testing of up to 3 fracture stimulated horizontal appraisal wells in Empire s 100% owned EP187 tenement, additional seismic acquisition and other associated costs
- Empire s planning for its first fracture stimulated horizontal appraisal well later this year is well advanced and fully funded
- Empire expects to commence drilling its first horizontal appraisal well, which will benefit from the grant funding, in Q4 this year (subject to NT Government approvals which are well advanced) ....

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Empire Energy Group Ltd (ASX:EEG) Beetaloo Acquisition Update

Empire Energy Group Limited (ASX:EEG) (OTCMKTS:EEGUF) is pleased to announce that
EMG Northern Territory Holdings Pty Limited ( EMG NT ),
Imperial Oil & Gas A Pty Limited ( Imperial A ), a wholly owned subsidiary of Empire, and
Pangaea (NT) Pty Limited ( Pangaea ) have entered into an amended Share Purchase Agreement ( Amended SPA ) which gives legal effect to the EMG NT tag-along notice announced on
26 April 2021.
The Amended SPA replaces the Share Purchase Agreement between Imperial A and Pangaea announced to shareholders on
14 April 2021.
Subject to Completion detailed below, Empire will own a 100% interest in EP167, EP168, EP169, EP198 and EP305 (collectively, the Tenements ), located in the Beetaloo Sub-basin, onshore ....

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Ellomay Capital Reports Publication of Financial Statements of Dorad Energy Ltd. for the Three Months Ended March 31, 2021

/PRNewswire/ Ellomay Capital Ltd. (NYSE American: ELLO) (TASE: ELLO) ("Ellomay" or the "Company"), a renewable energy and power generator and developer of. ....

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Wilson Asset Management (WAM) thinks these 2 ASX shares are a buy

Image source: Getty Images
Respected fund manager Wilson Asset Management (WAM) has recently identified two ASX shares that it owns in its portfolio.
WAM operates several listed investment companies (LICs). Some focus on larger companies like
WAM Leaders Ltd (ASX: WLE) and
There’s also one called
WAM Capital Limited (ASX: WAM) which targets “the most compelling undervalued growth opportunities in the Australian market.”
The WAM Capital portfolio has delivered an investment return of 16.5% per annum since inception in August 1999, before fees, expenses and taxes. This gross return outperformed the S&P/ASX All Ordinaries Accumulation Index return of 8.6% per annum over the same timeframe. ....

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S&P/ASX 200 slips 0.66% as inflation fears grip global markets

S&P/ASX 200 slips 0.66% as inflation fears grip global markets
Companies
S&P/ASX 200 slips 0.66% as inflation fears grip global markets
Brent crude futures rose 0.5% to US$68.67 a barrel on worries of gasoline shortages due to the outage at the largest US fuel pipeline system following a cyber-attack.
Wednesday’s US consumer inflation data for April is expected to show the biggest year-on-year gain in a decade.
S&P/ASX 200 (INDEXASX:XJO) fell 0.66% to 7050 points by 12.50 pm, with the banks, materials, and property stocks weighing heavily.
Investors have grown worried about the threat of inflation, with the US Dow Jones Industrial Average falling 1.4% on Tuesday, its worst day since February. ....

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