Empire Energy Group Limited (AU:EEG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Empire Energy Group Limited is bolstering its leadership with the appointment of Chris White as Chief Operating Officer, a seasoned professional with 25 years of experience in the Australian unconventional gas sector. White’s notable tenure at Origin Energy and his involvement in significant gas projects positions him as a key player in Empire’s strategic shift from exploration to production, particularly within the Beetaloo Basin. The company, armed with a recent capital raise, is gearing up for a 2024 pilot drilling program and anticipates further market updates as it advances in gas sales negotiations and operational preparations.
For further insights into AU:EEG stock, check out TipRanks’ Stock Analysis page.