EEG – Empire Energy Group Ltd

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1 = STRONG BUY | 2 = BUY | 3 = HOLD | 4 = UNDERPERFORM | 5 = SELL

Analysts’ Price Targets

Mean 0.77

Low: 0.77

High: 0.77

Total Analysts: 0

Company Profile

Empire Energy Group Limited is an Australia-based oil and gas company. The Company produces and explores onshore oil and gas shale assets. Its subsidiary Imperial Oil & Gas Pty Limited holds the approximately 28 meters acres in the NT McArthur-Beetaloo basins. Its oil and gas production in New York State and Pennsylvania cover approximately 270,000 acres. The Company has three segments: US operations, Northern territory and Corporate. The US operations segment includes all oil and gas operations located in the United States of America. The segment is engaged in the sale of oil and gas and operation of wells. The Northern territory segment includes all exploration and drilling activity of the Group in the Northern Territory, conducted through Imperial Oil & Gas Pty Limited and Imperial Oil & Gas A Pty Limited. The Corporate segment includes all centralized administration costs, minor other income and investments/loans in Empire Group USA, Imperial Oil and Gas and Imperial Oil & Gas A.

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