Empire Energy has signed an agreement with Pangaea to acquire its Beetaloo sub-Basin portfolio in the Northern Territory. As part of the binding sale and purchase agreement, Empire will acquire an operated 82.5 per cent interest in five tenements across the Beetaloo. Managing director Alex Underwood said this confirms Empire’s operated acreage, prospective resources and …
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Origin Energy and Falcon Oil & Gas are set to commence production testing of two wells and drill a new vertical pilot well at their joint venture in the Beetaloo sub-Basin, Northern Territory. Outlined in the company’s 2021 work program, the JV plans to resume clean-up operation of Kyalla 117 N2-1H-ST2 and commence an extended …
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Australia’s gas-fired recovery has taken another step forward with the launch of grants aimed at supporting exploration of the Northern Territory’s Beetaloo Basin. Federal Minister for Resources, Water and Northern Australia Keith Pitt said $50 million in grants would be provided through the Beetaloo cooperative drilling program. “The program is expected to deliver approximately 10 …
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Empire Energy chief executive officer Alex Underwood has described the Australian Government’s Beetaloo Strategic Basin Plan as a “brilliant initiative”. The plan, which was released in January, outlines how the Beetaloo development projects could produce 6000 jobs by 2040, with the gas produced from large-scale Beetaloo development potentially suppling a variety of gas markets. “We …
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Netherland, Sewell & Associates (NSAI) has undertaken an independent resource report for Empire Energy’s EP187 tenement in the Beetaloo Sub-Basin, Northern Territory, using the results of the Carpentaria-1 drilling program. Following completion of the evaluation program of the Carpentaria-1 well core and wireline data by W.D. Von Gotten & Co, NSAI found that the reservoir …
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The Northern Territory Government has created a portal for the public to access key information and data about onshore petroleum activities. The Petroleum Onshore Information NT (POINT) portal provides information relating to proposed and approved activities, including environmental approvals, environment management plans, monitoring data and compliance reporting. POINT also contributes to the government’s commitment of …
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Empire Energy has received core results that reinforce the company’s view that the Velkerri Shale at the Carpentaria-1 well in the Northern Territory has world-class potential. The results confirm that the Middle Velkerri Shale targets in Empire’s EP187, located in the Beetaloo Sub-basin, have world-class rock characteristics and compare favourably to shale basins in the …
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Empire Energy expects the Northern Territory Department of Environment, Parks and Water Security (DEPWAS) to approve its environment management plan (EMP) for a four-stage hydraulic stimulation of the Carpentaria-1 well by the end of this quarter. Outlined in a quarterly report, Empire is advancing a tendering process among prospective service providers to conduct the hydraulic …
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Access to the Beetaloo Basin in the Northern Territory is set to for improvement after the Australian Government unveiled its Gas Industry Roads Upgrade program. Australia’s Deputy Prime Minister Michael McCormack and Minister for Resources, Water and Northern Australia Keith Pitt advised that as part of the program, the roads upgrade will provide quality infrastructure …
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Gas exploration and development in the Northern Territory’s Beetaloo sub-Basin will be accelerated to create jobs, provide economic benefits and ensure Australia remains a world leader in the production of natural gas. Federal Minister for Resources, Water and Northern Australia Keith Pitt said the Australian Government’s approach would speed up exploration and production in the …
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