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Empire Energy Advances Carpentaria Project with $65M Financing and Key Approvals

7:03pm on Monday 2nd of June, 2025 AEST Energy
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Empire Energy Advances Carpentaria Project with $65M Financing and Key Approvals

7:03pm on Monday 2nd of June, 2025 AEST
Key Points
  • Carpentaria-5H well drilled to 5,310 metres with a 3,310 metre horizontal section
  • Secured $65 million financing package with Macquarie Bank
  • Northern Territory Government granted environmental approval for Carpentaria Pilot Project
  • Fracture stimulation and flow testing of Carpentaria-5H scheduled for Q2 2025
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