Empire secures funding for Carpentaria drilling

Empire Energy is fully funded to execute drilling of the Carpentaria-1 well in the Beetaloo Basin, Northern Territory, with a start date for the activities set for September. The company confirmed that $10 million had been raised through a placement to investors at $0.30 per share, adding that the funds would be used for its Northern …

Beetaloo project back on track: Falcon

Falcon Oil & Gas is set to commence fracture stimulation of Kyalla 117 well in the third and fourth quarter of this year, as part of its Beetaloo project in the Northern Territory. The company reported that it has also extended production testing for the well, with initial results from the production test expected during …

Schlumberger locks in Empire drilling contract

Empire Energy has executed a rig services contract with Schlumberger for the drilling of the Carpentaria-1 well in the Beetaloo Sub-Basin, Northern Territory. Following a competitive tender process, Empire selected Schlumberger Land Rigs 183 rig to drill, case, and suspend the Carpentaria-1 well in permit EP187. The company outlined that rig 183 is the most …

Empire lines up Carpentaria drilling contractor

Empire Energy is “on the eve of exciting advances” with the company expecting to drill its first well in the Beetaloo sub-Basin, Northern Territory during the current quarter. The Carpentaria-1 well’s upcoming drilling program represents a key milestone in the development of the company’s 100 per cent owned, 14.5 million acre shale petroleum project. With …

Empire keeps NT exploration well on track

Empire Energy is finalising details to support its Carpentaria-1 work program in the Beetaloo Sub-Basin, Northern Territory. The company is targeting drilling in September with plans to tap into unconventional onshore hydrocarbon resources in the Northern Territory for future commercial extraction. In March, the company received Northern Territory Government approvals for the drilling of the …

Empire locks in drilling date for NT well

Empire Energy expects to commence drilling of the Carpentaria-1 (EP187) well in the Northern Territory’s Beetaloo sub-Basin in the third quarter of 2020. The drilling of the well to 2900m and formation program is expected to day 45 days, which will allow the company’s technical team to fully evaluate the Velkerri Shale and Kyalla Shale, …

Empire receives promising results at NT project

Empire Energy is working with the Northern Territory Government and the Northern Land Council to recommence a work program at its Beetaloo sub-Basin project. The company has submitted a COVID-19 management plan, which will provide Empire and its employees and contractors exemption to border restrictions, to the Northern Territory Government for approval. In addition, Empire …

Origin increases interest in Beetaloo project

Origin Energy has agreed with joint venture partner Falcon Oil and Gas to increase is interest in the Beetaloo Basin project in the Northern Territory by 7.5 per cent. As a result, Origin will increase its interest to 77.5 per cent and the carry of Falcon’s (22.5 per cent) share of cost from stage two …

Empire develops COVID-19 plan to continue NT projects

Empire Energy has received ministerial consent to drill its first well at EP187, Carpentaria-1, in the Beetaloo Sub-Basin, the Northern Territory. The approvals are valid for two years, but due to the current market conditions and global health crisis, the company has advised that the timing of the Carpentaria-1 drilling, which is targeting the Verlkerri …

Origin, Falcon halt Beetaloo operations

Falcon Oil & Gas has confirmed that operational plans at the Beetaloo joint venture project in the Northern Territory have been temporarily paused due to the impact of COVID-19. The joint venture (Origin Energy, operator 70 per cent, Falcon 30 per cent) has elected to halt activities at the Kyalla well site, reducing the number …