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Empire doubles Beetaloo footprint

EMPIRE Energy will merge with Beetaloo player Pangaea Resources in a cash, scrip and option deal that will see the latter take a 30% share of Empire and appoint its man Paul Fudge to the board.

Empire doubles Beetaloo footprint Empire doubles Beetaloo footprint Empire doubles Beetaloo footprint Empire doubles Beetaloo footprint Empire doubles Beetaloo footprint
In return Empire gains a huge swathe of already drilled acreage close to its existing footprint and doubles its best estimate prospective resources to 37 trillion cubic feet of gas and 657 million
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