Empire Energy Corp to Develop CBM in Tasmania

Empire Energy Corporation International has established a Special Purpose Vehicle, to apply for exploration licenses, with the intent to develop identified Tasmania Basin block for coal and coal bed methane.

The first covers approximately 250 square km of land in the Northern Mt Lloyd area of Southern Tasmania.  The second covers approximately 250 square km of land in the Southern Mt Lloyd area of Southern Tasmania, the company said in a statement.  

The intent is to conduct drilling and further seismic surveys to prove up possible resources and reserves to a Joint Ore Reserves Committee (JORC) code reporting standard on these license areas.  

Empire Energy is an oil and gas exploration company focused on developing the largest onshore oil and gas exploration license in Australia.