OPERATIONS

Empire a steady ship

EMPIRE Oil & Gas saw its production average 6.5 terajoules per day for the December quarter, a small increase on September, while the Red Gully plant enjoyed improved uptime.

Red Gully.

Red Gully.

Empire had $3.1 million in cash at the end of the quarter, down $1.1 million, primarily due to the extra expenditure on the testing of the Red Gully North-1 discovery, which remains perplexing, but appears...

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