Empire Energy Group Limited (ASX:EEG) is a junior oil and gas producer and explorer with onshore Northern Territory (NT) and US oil & gas assets. EEG holds the largest acreage position (28.9m acres) in the highly prospective Greater McArthur Basin, which includes the Beetaloo Sub-basin. After a material uplift in its 2C/2U gas/liquids resource base, with the 100% buyout of the Pangaea-EMG JV Beetaloo tenements for ~$57m (@30cps), 2C Contingent Resources now lie @ 199Bcf gas / 3.5mmbbls liquids. ....
