(MENAFN- Media OutReach Limited) Melbourne, Victoria - News Direct - 30 November 2022 -
Empire Energy Group Ltd (ASX:EEG) managing director Alex Underwood tells Proactive that successful drilling of the Carpentaria-3H well demonstrates that their team continues to lead the development of the Beetaloo Basin. He says the final cost of drilling and casing this latest well is likely to be lower than the cost of Empire's first horizontal well, Carpentaria-2H, despite having double the length of horizontal section within the target Velkerri-B shale section.
Hashtag: #EmpireEnergy
The issuer is solely responsible for the content of this announcement.
MENAFN29112022003551001712ID1105245146
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.