Empire Energy Group Ltd - All that's remaining is the gas rate

342 Views26 May 2025 09:00

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SUMMARY

Empire Energy Group Limited (ASX:EEG) is a gas development company, with onshore Northern Territory (NT) gas exploration and development assets.
EEG has the largest tenement position in the highly prospective Greater McArthur Basin, which includes the Beetaloo Sub-basin.
Having successfully completed a $27.75m equity capital raise, with an additional $3.25m subject to shareholder approval and SPP take-up, the company should be funded through to first gas from the Carpentaria Pilot Project by around end-2025.

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