Articles On Empire Energy Group (ASX:EEG)

ShareCafeNT Govt Greenlights Beetaloo Gas Production Empire Energy Group Limited (ASX:EEG) Managing Director Alex Underwood discusses NT Government approval for fracking in the Beetaloo Basin, exemptions for small producers, traditional ow...

The ASX 200 turned Hump Day into Slump Day, dropping 1.1% Goldies shone bright under trying conditions to be up more than 2.6% Greentech Metals went ham on the gains, adding 200% while the rest of the market wept   Things haven’t really i...

ShareCafeEmpire Energy (ASX: EEG) – Webinar Presentation Alex Underwood – Managing Director – Empire Energy Group owns and operates oil and gas assets with unconventional targets in the Northern Territory’s Beetaloo Sub-basin and central t...

ShareCafeHavoc for rare earths companies following Tesla decision: ASX closes 0.6% higher by Peter Milios   On Monday, the share market closed 0.62 per cent higher at 7,328.60, led by the tech, financials, and real estate sectors, while Lyn...

ShareCafeTech’s big gains lift ASX 0.5% at noon by Peter Milios   At lunchtime, shares have risen by 0.53 per cent to 7,322.20. The tech sector is leading the way with a 2.6 per cent increase as bond yields fall. Block (SQ2) and Xero (ASX:X...

ShareCafeStocks of the Hour: EEG, BRN, POS                    Empire Energy (ASX:EEG) has provided an operations update and flow testing on their project, C-3H, in the Beetaloo Basin. In response, Managing Director Alex Underwood, sta...

06 Mar 2023 - A snapshot of the stocks on the move featuring Empire Energy (ASX:EEG), BrainChip (ASX:BRN) and Poseidon Nickel Ltd (ASX:POS).

With the ongoing energy crisis keeping gas prices elevated, Australian oil and gas explorers were quick to catch the attention of predatory investors over the last 12 months with exploration (and development) success top of the shopping lis...

ShareCafeWebinar Recap – ACW, EEG & KNB Catch up on the full webinar presentations from Actinogen Medical (ASX: ACW), Empire Energy (ASX: EEG) & Koonenberry Gold (ASX: KNB) Webinar Recap – ACW, EEG & KNBCompany News

ShareCafeEmpire Energy (ASX: EEG) – Webinar Presentation Alex Underwood – Managing Director & CEO – Empire Energy Group Limited is a Sydney based junior Australian oil & gas company holding 100%-owned & operated assets with unc...

Sentiment towards natural gas is increasingly positive if the mood at RIU’s Good Oil Conference in Perth this week is any indication. There is also a notable preponderance of gas-focused plays presenting or exhibiting at the conference this...

Qantas ahead after losing $1.9bn The benchmark cruises to a happy Friday end China’s quest for All The Iron set to continue, despite looming tensions What a day to be alive – or awake… either is fine – because it’s been an almost entirel...

ShareCafeEvening Report: 11 August, 2022 by Paul Sanger   The ASX closed near the day’s high, following a strong lead from Wall Street overnight. Lithium stocks were very much in focus again today posting strong gains across the sector. Lak...

Empire Energy Group (EEG) sustains its highest gas flow of the Carpentaria-2H well in its EP187 tenement in the Beetaloo Sub-basin, Northern Territory The well achieved a 2.6 million standard cubic feet (mmscf) per day initial flow rate o...

11 Aug 2022 - A snapshot of the stocks on the move featuring Chrysos Corporation (ASX:C79), Empire Energy (ASX:EEG) and TMK Energy (ASX:TMK).

ShareCafeLunch Report: 11 August, 2022 by Paul Sanger   The ASX opened up over 1 per cent, taking its lead from a strong Wall Street overnight. Lithium stocks continue their bull run. Lake Resources (ASX:LKE) is up 12.5 per cent , Core Lith...

ShareCafeStocks of the Hour: 11 August, 2022                    Chrysos Corporation (ASX:C79) today announced it has signed 10 new PhotonAssayTM lease agreements with existing customer Britannia Mining Solutions. This brings the total...

The ASX 200 index set to open 1% higher on Thursday Wall Street charged higher overnight on a softer US CPI read Oil prices find 1%  Local shares are set to open higher today. At 8am AEST, the ASX 200 August futures contract is pointing u...

The ASX 200 is pretty flat, small caps up circa 0.5%  Materials and energy dragging locally Alibaba reports tonight: analysts predicting 30 thieves, down from previous high of 40   Around lunchtime, the major banks started passing on the...

Empire Energy Group (EEG) taps investors for $30 million to fund upcoming work across its oil and gas operations The company intends to undertake a share purchase plan (SPP) and a placement, with all new shares to be issued at 22 cents eac...

Emerging companies fall 0.7% ASX200 0.8% lower Superior Resources (ASX:SPQ) jumps on copper system find, Galileo up … heaps in May   The Emerging Companies (XEC) index is lower on Thursday, weighed down by broad losses as Credit Suisse a...

Nordic Nickel (NNL) shares have held up 20 per cent above its IPO price, a day after the company made its ASX debut.   Nordic has a portfolio of nickel projects in the Central Lapland Greenstone Belt in Finland and raised $12 million wit...

The ASX closed for the Christmas break on a high, with its biggest weekly gain since the first week of November. Despite today being a shortened trading day the ASX gained 0.50%, taking its weekly gain to 1.66%. All sectors enjoyed gains bu...

The Federal Court has ruled that Empire Energy Group (EEG) will not receive funding for the Beetaloo drilling program Earlier this year, the Federal Government approved up to $21 million to speed up fracking in the Beetaloo Basin, located...

The ASX picked up from where it left off yesterday with another positive trading day. The ASX 200 rose 0.31% to close at 7,388 points, which puts it up 1.26% in the past week and 2.1% in the month of December. Most sectors except tech gaine...

Empire Energy (EEG) has successfully drilled, cased, and suspended the Carpentaria-2H (C-2H) well in its EP187 permit within the Beetaloo sub-basin, NT C-2H was drilled to 3150 metres with the horizontal length being 1345 metres within the...

Tech stocks rout on Wall Street US tech stocks fell hard overnight as investors reassessed the Fed’s decision to hike rates next year. Tesla and Apple led the rout, down by 5% and 3.5% respectively as markets reassessed their near term pros...

Empire Energy (EEG) begins drilling the Carpentaria (C-2H) well, located in the Beetaloo sub-basin of the Northern Territory The well is targeting the Velkerri Formation which is the same structure the Carpentaria-1 well targeted, although...

While September is known for being a hard month for stock markets around the world, these ASX energy shares managed to push through it with massive gains. Eagle-eyed investors might notice all the best-performing energy stocks of Septembe...

Highlights The ASX 200 was trading 7 points up at 7,376.5 during opening trade. The market breadth has been on a positive side so far, with 10 out of the 11 sectors trading in the green. New Energy Solar announced that its off-market...

Wall Street down for third consecutive day All three major US stock market benchmarks have dipped lower for the third consecutive day. The Dow Jones fell by 0.43%, the S&P 500 by 0.46%, and tech heavy Nasdaq by 0.25%. Moderna jumped by...

ShareCafeHidden Gems Webinar Recap – G88, M2R, EEG & KTA Catch up on the full webinar with presentations from Golden Mile Resources (ASX: G88), Miramar Resources (ASX: M2R), Empire Energy (ASX: EEG) & Krakatoa Resources (ASX: KTA)...

ShareCafeAccelerating development for east coast gas supply Alex Underwood – Managing Director – Empire Energy Group Limited is a Sydney based junior Australian oil & gas company holding 100%-owned & operated assets with unconventi...

Smell that? It’s not gas. It’s the scent of desperation coming from the federal government as it continues to extol the virtues of its gas-fired recovery. The latest facet of this strategy is the award of first grants from its $50m Beetalo...

The Federal Government has awarded the first grants from its $50 million Beetaloo Cooperative Drilling Program to a subsidiary of ASX-listed junior Empire Energy Group (ASX: EEG). Three grants worth up to $21 million will be awarded to Empi...

“Oil, oil and more oil,” sounds like an investment tip from 100 years ago and not last week, but that’s what Jeff Currie is advising and he’s the commodity guru at the world’s leading investment bank, Goldman Sachs. Currie’s love of oil is...

The ASX lost another 0.32 per cent today, due to a steep drop in the last hour of trading. The bourse was almost at parity just before 3pm but a sell off in the last hour saw the ASX 200 close at 7,275, which was 0.32 per cent lower than ye...

The ASX is pulling off a near perfect imitation of a roller coaster, pulling back 0.6% following yesterday’s 1.4% gain and Monday’s 1.8% fall, or an overall drop of 1% for the week. The ASX 200 closed at 7,299 while the ASX Emerging Compani...

Uranium optimism is growing with governments around the world including nuclear energy in their plans to slash carbon emissions and the US saying outright that achieving its climate goals would not be possible without nuclear plants. Nuclea...

Macquarie Group Ltd (ASX: MQG) is facing claims its investments in companies engaged in fracking are in conflict with its swing towards climate protection. Despite the negative press, the Macquarie share price is currently trading 1.63% hi...

ShareCafeEEG – Morgans rates the stock as Buy The target price for Empire Energy Group (EEG) is increased to $1.14 from $0.643. Morgans valuation is driven by the prospective resource base of EEG, after a transformative deal for the company...

The Australian share market continued to trade higher by afternoon, with the benchmark index ASX 200 adding 23.30 points to trade at 7049.10, up by 0.33%. Seven of 11 sectors were trading in green, while Financial was the best performing se...

The capital raisings boom on the ASX is continuing in 2021 with nearly $10 billion raised in the first four months of the year. Across 325 deals, ASX companies have raised $9.878 billion in capital amidst IPOs, placements and rights issues....

26 Apr 2021 - Imperial Oil & Gas, a wholly owned subsidiary of Empire Energy (ASX:EEG) will acquire the interests of EMG Northern Territory Holdings in the Beetaloo and McArthur Ba…

The Empire Energy Group Ltd (ASX: EEG) share price is in negative territory in late-afternoon trade. This comes despite the company announcing an update on the acquisition of the EMG Northern Territory’s (EMG NT) Beetaloo interests. At the...

It was another day in the green for the ASX as it edged closer to surpassing the record high it reached immediately prior to COVID-19. The ASX 200 rose 0.51 per cent, closing at 7,058 points while the ASX Emerging Companies Index rose 0.75...

After a few near misses, the ASX has punched through 7,000 percentage points for the first time since the COVID-19 market crash. The ASX 200 rose by 0.70 per cent to 7,025 points while the ASX Emerging Companies Index rose by 0.56 per cent...

Source: Kodda, Shutterstock Summary Empire Energy is acquiring five oil & gas assets in the prolific Beetaloo Basin. The acquisition will involve cash payment and issue of ordinary shares and unlisted options. The deal will allow...

Source: Jirapong Manustrong, Shutterstock The ASX 200 is trading in the positive territory today. The benchmark lost some points in the first 15 minutes post market open. However, post the initial blip the market has steadily moved up. By...

The Empire Energy Group Ltd (ASX: EEG) share price is on watch today. This comes after the company entered a trading halt at its request pending a new announcement. Which in turn comes after it released a major acquisition announcement ear...