WELCOME TO EMPIRE ENERGY GROUP
Empire Energy Group Limited (ASX:EEG) is a Sydney based junior Australian oil & gas company holding 100%-owned and operated assets with unconventional targets in the Northern Territory, Beetaloo Sub-basin and central trough of the McArthur Basin.
With major players active in the Beetaloo Sub-basin and market attention increasingly focused on its potential, Empire is progressing with the planned drilling of a multi-objective well (Carpentaria-1) in the Beetaloo Sub-basin with a view to realising commercial production close to existing pipeline infrastructure.
Having rebuilt our balance sheet and established new board and management in 2019. Empire Energy is the leading ASX-listed hydrocarbon player with the most direct market exposure to the exciting future of the McArthur Basin (Beetaloo Sub-Basin) in the Northern Territory.
Empire Energy has been a member of the Australian Petroleum Production and Exploration Association since 2018.
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Origin Energy’s 2015 Amungee well
Santos Limited’s 2020 Tanumbrini-1 vertical frack production report
Mitchell Energy and Development Corporation’s SH Griffin #4 well by that first launched the US shale revolution
What is Shale Oil & Gas
Shale oil and gas are hydrocarbons sourced and trapped within shale formations. Shales are fine grained sedimentary rocks rich in organic matter that when buried over geologic time generate hydrocarbons. Unlike conventional oil and gas fields where the hydrocarbons are entrapped within permeable reservoirs that have migrated from nearby shale sources, in shale oil and gas the regionally pervasive shale is both the source and reservoir. To achieve optimal commercial flow rates the unconventional shale wells may be drilled horizontally and hydraulically stimulated.
"In the McArthur we’ve got Tanumburini-1 on flowback at the moment with some very early but encouraging signs – so gas to surface early there.
So when you look at the proximity of these big shale plays – to each other – and also proximity to evacuation to Darwin – potentially to DLNG to the export market but also in the future back through infrastructure back through to Walumbilla and potentially through Ballera and into the east coast markets, these are very strategically important assets." - Santos David Banks, Executive President OnshoreOil & Gas
" Man has gone out to explore other worlds and other civilizations without having explored his own labyrinth of dark passages and secret chambers, and without finding what lies behind doorways that he himself has sealed. "
— Carlton Sparks, Executive Officer
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