Empire bolsters Beetaloo NT gas ambitions with $28M raise
Brought to you by BULLS N’ BEARS
May 16, 2025 — 2.56pm*** The company’s Beetaloo Basin projects sprawl across a massive 33,000 square kilometres of the basin, with some estimates pegging the broader basin gas endowment at a biblical 500 trillion cubic feet, nearly 20 times the size of the massive operations of WA’s North West Shelf.
Empire’s Carpentaria project is poised to be the first ever company to tap this hydrocarbon goldmine commercially, with first gas sales targeted for next year.
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