Empire Energy Appoints New CFO Amid Transition to Gas Production

Empire Energy Group Limited ( (AU:EEG) ) has provided an announcement.

Empire Energy Group Limited has appointed Alexander Hunter as its new Chief Financial Officer, effective June 3, 2025. Mr. Hunter brings two decades of experience in corporate finance, mergers and acquisitions, and capital raising within the energy and resources sector. His expertise will be pivotal as Empire transitions to a gas producer in the Beetaloo Basin. The outgoing CFO, Robin Polson, played a crucial role in securing a gas sales agreement with the Northern Territory Government and a $65 million credit facility with Macquarie Bank, which supports the development of the Carpentaria Pilot Project.

The most recent analyst rating on (AU:EEG) stock is a Buy with a A$0.74 price target. To see the full list of analyst forecasts on Empire Energy Group Limited stock, see the AU:EEG Stock Forecast page.

More about Empire Energy Group Limited

Empire Energy Group Limited operates in the energy and resources sector, focusing on gas production and exploration, particularly in the Beetaloo and McArthur Basins. The company is transitioning to become a gas producer, with a significant market focus on supplying gas to the Northern Territory.

Average Trading Volume: 577,874

Technical Sentiment Signal: Sell

Current Market Cap: A$202.4M

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