Empire Oil and Gas has sold its remaining shares in WA's Carnarvon Basin. The company has sold its subsidiary Rough Range Oil, which holds the Carnarvon Basin tenements, to Kestrel Petroleum for an undisclosed cash sum and a royalty on future production.
Empire Oil and Gas
Empire Oil and Gas have secured a drilling contract with Enerdrill that will allow it to drill for up ti five wells in the Perth Basin in Western Australia. Enerdrill, a highly experienced contractor with extensive experience in the Perth Basin, has recently drilled the successful Waitsia well for AWE limited.