EEG 4.55% 23.0¢ empire energy group limited

Why the interest?, page-31

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    Large Portions ,

    You are being disingenuously negative when you say "I also remember McClendon was facing charges at the time and it is debateable whether the farm-out would have been productive."

    Don't forget the conventional prospectivity in the N.T. which Armour gave us a glimpse of when they penetrated the Coxco Dolomite and flowed 3 mmscf/d for a short period . Look at the size of the Urapunga High on Imperials acreage and contemplate the potential size of a conventional reservoir under the Barney Creek Formation :-

    http://www.asx.com.au/asxpdf/20130912/pdf/42jb5qdz7fkzr7.pdf  see page 18 .

    Once frac'ing is back on the table , individual exploration wells could target both a conventional target and as a fall back unconventional targets .

    I don't see that Armour have done any better than Empire since the farmouts fell through and the frac'ing moratorium was imposed .
 
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