Shale gathers steam

摘要

Svdney-based Empire Energy is the lat-est developer to announce positive news torn the Northern Territory's (NT's) Beetaloo sub-basin, revealing in mid-Feb-xy a significantly increased resource estimate at its wholly owned exploration permit (EP) 187, following fresh analysis of data from the Carpentaria-1 well. The three drilling programmes in the Beetaloo, the focus of Australia's shale oil and gas development efforts, have each yielded promising results so far, potentially justifying the federal government s faith in the region.