The Australian Department of Mines and Petroleum has granted a pipeline licence PL96 to Empire Oil and Gas along with its EP 389 joint venture partners for the Red Gully Gas and Condensate processing facility in Perth basin.
The PL96 licence is located within Petroleum Permit EP 389, near Gingin, Western Australia.
Empire Oil will inform about the start the earthworks and the construction of the Red Gully Gas and Condensate processing facility in future.
Empire Oil owns 68.75% interest in the pipeline licence PL96 while ERM Power has 21.25% and Wharf Resources has a share of 10%in it.
Australia based company Empire Oil and Gas engages in oil and gas exploration and production.
Transportation and Storage Review
Great News about the pipe line permit,I have to ask my self how long does it take for growen up board members to get the product online,seems some of EGO board don't eat there weetabixs, and that there brains have been on stand-by for 1 and half years with concern the product of gas and condensate getting to market.
ReplyDeleteThe current board have lost confidence by their shareholders. They never performed well in the past, treated their shareholders with contempt and now suing shareholders with shareholders money. If it wasn't so serious it would be a joke. I feel shareholder anger is growing and is ready to explode. Interesting times ahead should be fun watching this one.
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