Empire Energy Navigates $21M Cash Outflows, Secures Key Financing for Carpentaria Plant

• Q1 2025 cash outflows exceed $21 million, mainly from exploration and property investments
• Drawdown of $12.8 million on $30 million R&D facility and $4.4 million on $5 million Performance Bond Facility
• Cash balance at quarter-end stands at $14.4 million with $17.8 million in unused financing facilities
• Estimated funding runway of 1.5 quarters based on current cash burn