Stocks of the Hour: Piedmont Lithium, Findi, Empire Energy Group
A snapshot of the stocks on the move, featuring Piedmont Lithium (ASX:PLL), Findi (ASX:FND) and Empire Energy Group (ASX:EEG).
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Empire Energy Group Limited
Empire Energy Group Limited (ASX:EEG) is a Sydney based junior Australian oil & 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.
With major players active in the Beetaloo Sub-basin and market attention increasingly focused on its potential, Empire is progressing with the planned drilling of a multi-objective well (Carpentaria-1) in the Beetaloo Sub-basin with a view to realising commercial production close to existing pipeline infrastructure.
Having rebuilt our balance sheet and established new board and management in 2019. Empire Energy is the leading ASX-listed hydrocarbon player with the most direct market exposure to the exciting future of the McArthur Basin (Beetaloo Sub-Basin) in the Northern Territory.
Empire Energy has been a member of the Australian Petroleum Production and Exploration Association since 2018.
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Spotlight Videos
Stocks of the Hour: Piedmont Lithium, Findi, Empire Energy Group
A snapshot of the stocks on the move, featuring Piedmont Lithium (ASX:PLL), Findi (ASX:FND) and Empire Energy Group (ASX:EEG).
WATCH VIDEOAll Empire Energy Group Limited Content
News
Empire Energy discusses looming gas shortfalls across Australia
Empire Energy Limited (ASX:EEG) CEO Alex Underwood discusses the implications of gas shortfalls across Australia and possible sources for new supply.
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Bryan Sheffield increases stake in Empire Energy
Oil and gas tycoon Bryan Sheffield has significantly expanded his investment in the Australian gas sector, elevating his stake in the emerging gas player Empire Energy (ASX:EEG) to over 5% overnight.
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Empire Energy acquires AGL’s Rosalind Park Gas Plant for $2.5m
Empire Energy Group (ASX:EEG) has announced its strategic acquisition of AGL Limited's Rosalind Park Gas Plant for a total consideration of $2.5 million in cash.
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Stocks of the Hour: BluGlass, Liontown Resources, Noble Helium, Empire Energy
A snapshot of the stocks on the move, featuring BluGlass (ASX:BLG), Liontown Resources (ASX:LTR), Noble Helium (ASX:NHE) and Empire Energy (ASX:EEG).
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Analyst Views
EEG – Morgans rates the stock as Buy
The target price for Empire Energy Group (EEG) is increased to $1.14 from $0.643. The Speculative Buy rating is unchanged.
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