EEG 2.27% 21.5¢ empire energy group limited

stage is set for the biggest run of 2012, page-93

  1. 756 Posts.
    cardz your the funniest ..good luck mate
    EEG is positioned well with its acreage...just like the article I posted with the BIG boys such as Chesapeake Energy in there

    Don't forget we still have:

    Central Kansas Uplift
    ?Field operations based in Wichita, KS
    ?Operating ~256 wells
    ?Commenced drilling program June 2011
    ?FY 12 - budget includes 10 development wells and 5 polymer recompletions
    ?Well target:– 30-40 Boe/d; EUR +50,000 Bbl/well
    ?Seeking opportunities to book new 1P & 2P reserves by:
    ?Reviewing existing assets and targeting formations (behind pipe)
    ?Identifying new assets for farm-in or acquisition of development acreage
    ?Appalachia
    ?Operating ~1,800 wells
    ?Continuing program to upgrade transportation network
    ?Expect increased production through improved operational efficiencies
    ?Marcellus and Utica exploratory programs being implemented
    ?McArthur Basin - Australia
    ?Early stage exploration – 14.5 million acres black shale targeting +12Tcfe
    ?Corporate
    ?Continue development of on-line management systems
    ?US operations centralised in Pittsburgh, PA
 
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