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Empire Energy raises A$46.8mn to drill in Beetaloo

US oil and gas tycoon Bryan Sheffield makes another move on Beetaloo

Yiying Li
Empire Energy's Carpentaria pilot project. Credit: Empire Energy

Empire Energy's Carpentaria pilot project. Credit: Empire Energy

Onshore oil and gas explorer Empire Energy has raised A$46.8 million to drill a pilot development well in the Beetaloo Basin in the Northern Territory for its Carpentaria project.  The fundraising follows...

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