Empire Energy Group Ltd (ASX:EEG, OTC:EEGUF) MD Alex Underwood tells Proactive the company has accelerated the path to production at the Carpentaria Pilot Project in the Northern Territory and reduced capital expenditure required to commence gas sales through the acquisition of AGL Ltd’s Rosalind Park Gas Plant (RPGP) for A$2.5 million in cash. The RPGP, which has a design capacity of 42 terajoules per day and supported AGL’s Camden Gas Project until it ceased production in August this year, is a fit-for-purpose facility that has passed Empire’s stringent technical due diligence process.
Empire Energy accelerates path to first sales with new gas plant