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Empire Oil & Gas NL evaluating data from Red Gully North -1 well

Published: 19:00 18 Apr 2016 AEST

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Empire Oil & Gas NL (ASX:EGO) has been granted a trading halt by the ASX, as it evaluates preliminary data acquired while testing the Red Gully North -1 well, located in Western Australia.

Empire Oil already has producing assets at Red Gully, which is 150 kilometres from Perth, which provides a strong gas market.

The halt will remain in place until the opening of trade on Wednesday 20th April 2016, or earlier if an announcement is made to the market.

 

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