Empire Energy Group Limited (AU:EEG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Empire Energy Group is advancing its Carpentaria Pilot Project with the upcoming drilling of the Carpentaria-5H well, expected to enhance gas productivity through cutting-edge techniques. The company has secured a 10-year Gas Sales Agreement with the Northern Territory Government, aiming to commence gas deliveries by 2025. Empire’s strategy involves integrating local communities in its operations while progressing towards regulatory approvals and financial closure.
For further insights into AU:EEG stock, check out TipRanks’ Stock Analysis page.