SEAAOC Conference Presentation
Sydney, Oct 27, 2021 AEST (ABN Newswire) - APA Group (
ASX:APA) and Empire Energy Group Ltd (ASX:EEG) (EEGUF:OTCMKTS) have today executed an MOU to explore opportunities for the development of Beetaloo mid stream infrastructure including gas and liquids gathering, processing and pipelines.
APA is a leading Australian energy infrastructure business connecting sources of gas supply and markets across mainland Australia delivering approximately half of Australia's natural gas usage.
APA will support Empire to get production to market, promptly, leveraging its existing network of gas transmission infrastructure.
APA and Empire are supportive of a common infrastructure approach amongst Beetaloo upstream producers to deliver lower per unit costs.
The 'Northern Strategy' will support the development of a gas fed manufacturing industry and LNG export expansion at Darwin.
The 'Eastern Strategy', including a new Beetaloo Pipeline to Mount Isa, will allow Beetaloo gas to be transported to all Australian east coast domestic markets (Wallumbilla, Brisbane, Sydney and Melbourne) and LNG export through Gladstone.
To view the presentation, please visit:
https://abnnewswire.net/lnk/J2IKLLFG
About Empire Energy Group Ltd
Empire Energy (ASX:EEG) (OTCMKTS:EEGUF) is a Sydney based Australian oil and gas company holding 100%-owned and operated assets with unconventional targets in the Northern Territory Beetaloo Sub-basin and central trough of the McArthur Basin.
Empire is an active Beetaloo Sub-basin operator, focused on maturing its assets to production. Following the successful appraisal drilling and flow testing of the Carpentaria-2H and 3H wells in Empire's EP187, Empire is targeting first gas flow in H1 2025 at its Carpentaria Pilot Project. The Pilot has a targeted sales gas rate of up to 25 TJ per day utilising the existing McArthur River Pipeline.
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