potential asset sales

"At the same time, the directors of Empire Energy are seeking to rationalise acreage held, with the major objective of raising capital to repay the Bridging Loan of US$10 million used to purchase the above described assets. With strong demand being shown towards Marcellus Shale acreage, especially in Pennsylvania, there may be an opportunity for Empire Energy to dispose of a small tract of Marcellus acreage in the near term."