Carpentaria-2H drilling begins

Empire Energy has commenced drilling the Carpentaria-2H, the first horizontal appraisal well targeting the Velkerri Formation in the Beetaloo Basin, Northern Territory.

The C-2H well is located 11 km north of the successful Carpentaria-1 well and on the same 2D seismic line.

Empire said the C-2H is targeting the same middle Velkerri Formation shale units as Carpentaria-1 although mapped over 200m deeper.

Path Investments plc (LON:PATH) is an energy investment company, and is focused on making investments in the energy sector on a global basis. The company seeks to create value for its shareholders through acquisitions, joint ventures or direct interests in energy businesses or associated projects.

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