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Empire Energy Group Ltd
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2024 NAPE Conference Houston Presentation
| Alex Underwood | Page 10 of 11 |
April 28, 2024
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"2024 NAPE Conference Houston Presentation"
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Western Beetaloo Project Overview 9 • Very Large area and resource - 100+ TCF GIP within Notice of Discovery (B Shale only) - over 1 million acres of dry to high calorific gas with low CO 2 , close to rail, road and pipeline infrastructure • Same rocks as Carpentaria Project – horizontal drill ready • Strategically located near gas pipeline, highway and rail line • Environmental approvals submitted to the Regulator for: - The acquisition of up to ~380 km in-fill 2D seismic orientated for future horizontal wells - Clearance for drilling, stimulation and flow testing of up to six horizontal wells on six well pad locations • Land access agreements executed with pastoralists • The approvals have the potential to accommodate numerous production wells in a future commercial development scenario • Current 2C Contingent Resource of 167 PJ 1 (158 BCF) (+3.5 MMBBLS) • Current 3C Contingent Resource of 441 PJ 1 (416 BCF) (+14.1 MMBBLs) • Current P(50) Prospective Resource of ~28 TCF and 764 MMBBLs EP 167 and EP 168 100% EEG Comprehensive well and seismic datasets in the Western Beetaloo Project have defined a large extensive resource 1. 1.06 PJ per BCF applied by Empire