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The Markets
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by Proactive
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Empire Energy thrilled with improved C-3H flow rates

Empire Energy thrilled with improved C-3H flow rates

Empire Energy Group Ltd (ASX:EEG, OTC:EEGUF) MD Alex Underwood discusses with Proactive increased gas flow rates at an average rate of 3.8 tera joules per day at its Carpentaria-3H( C-3H) well in the Beetaloo Basin, Northern Territory. C-3H, which was brought back online in early August, demonstrated the material benefits to productivity of soaking, through significantly increased gas flow rates. Notably, the ‘post-soak’ average daily production rates have increased 30% over the IP27 ‘pre-soak’ test conducted during the March quarter. Empire expects improved recovery and rates in future wells as it adapts drilling and completion lessons learnt from executed work programs.

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