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Market cap168mUSD
Jun 16, Last price
0.20AUD
Name
Empire Energy Group Ltd
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Profile
Empire Energy Group Limited, alongside its subsidiaries, is active in the exploration, extraction, and marketing of oil and natural gas within the United States and Australia. The company manages its operations through distinct U.S. Operations and Northern Territory segments. A significant asset includes a 100% ownership stake in roughly 28.9 million acres of promising oil and gas exploration land located in the McArthur Basin and Beetaloo Sub-basin of Australia's Northern Territory. In the U.S., its oil and gas output is mainly sold to domestic pipeline companies, utility providers, and refineries situated in Pennsylvania and New York. Founded in 1981 and headquartered in Sydney, Australia, the company was previously known as Imperial Corporation Limited before rebranding to Empire Energy Group Limited in March 2011.
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