EMPIRE OIL & GAS NL PRESENTATION TO GOOD OIL CONFERENCE, 4 SEPTEMBER 2013
EMPIRE’S UNCONVENTIONAL POTENTIAL
RPS Services Pty Ltd conducted an independent study on five of Empire’s 11 Perth Basin permits, which had existing seismic survey data available.
EP440 and EP389 - Unconventional Gas -
EP440 un-risked, undiscovered gas in place potential of 36 TCF -
EP389 had un-risked, undiscovered gas in place potential of 24 TCF -
EP440 and EP389 permits total an un-risked, undiscovered gas in place potential unconventional resource of 60 TCF for the Early Jurassic Lower Cattamarra Coal Measures. -
The EP440 Permit adjoins EP389 Permit where the Gingin West-1 and Red Gully-1 discovery wells are located.
EP426 and EP368 - Unconventional Gas -An un-risked, undiscovered gas in place potential unconventional resource of 32 TCF is present in the Permian Aged, Irwin River Coal Measures in these permits.
EP454 - Unconventional Oil -An un-risked, undiscovered oil in place potential unconventional resource of 16 billion barrels within the interbedded shale/thin tight sands section in the Lower Cattamarra Coal Measures.
I would not be giving a way something for nothing!
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