EGO 0.00% 12.0¢ empire oil & gas nl

Ann: Trading Halt, page-32

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  1. 263 Posts.
    I see the word is out that AWE is in the process of finalising a large gas contract with a "sophisticated" buyer.
    They are going to need this contract signed and sealed to progress the construction of their new Gas Hub.
    Their initial plan was to deliver 100TJD to Perth but I suspect it may be more considering the quality of the 4 Waitsia Wells. This new Gas Hub will be important for EGO to progress its Northern prospects.
 
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