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Empire increases presence in Beetaloo Basin

Beetaloo Basin
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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