EEG 2.17% 23.5¢ empire energy group limited

Ann: $21 million Beetaloo Drilling Grants Approved, page-10

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  1. 344 Posts.
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    Pipeline (as with all captive resources) is the key Blu has proven 3P resources in Bowen and large tentaments in Beetaloo but no value to be realised until the product can find its market.

    3 non binding sales agreements with big players, proven resource to power the east coast for 20 years but absolutely no support until it can reach a buyer.

    I am excited to see what the beetaloo provides with drilling these results flow on to all other license holders in the area as well.
 
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