ceabd9e8-00e5-4537-9e90-d4dd195fd0c6.pdf


n those hou rs that c ed - excepts on tho erson Lee prefe rs e

ASX RELEASE


EMPIRE OIL & GAS NL

10 November 2015 The Manager

Company Announcements Office Australian Securities Exchange 20 Bridge Street

SYDNEY NSW 2000


A B N 5 5 0 6 3 6 1 3 7 3 0

A S X C o d e E G O


G r o u n d F l o o r

2 2 9 S t i r l i n g H i g h w a y C L A R E M O N T 6 0 1 0

W E S T E R N A U S T R A L I A


T e l : + 6 1 8 9 2 8 6 4 6 0 0

Fa x : + 6 1 8 9 2 8 4 6 5 8 8

E m a i l :

a d m i n @ e m p i r e o i l . c o m . a u

W e b :

w w w . e m p i r e o i l . c o m . a u


Drill rig mobilised to Empire's Red Gully North well


Oil and gas producer and explorer Empire Oil and Gas advises that the drilling rig contracted to drill its Red Gully North well is in the process of being mobilised to the well site, which is located four kilometres north of Empire's Red Gully Production facility.


The drilling rig, Enerdrill Rig 3, was released on Monday 9 November where it has been drilling for another Perth Basin operator approximately 130km north of the Red Gully North location.

Mobilisation to Red Gully North and rig-up is expected to take approximately 8 days.


Empire Oil and Gas Chief Executive Officer Ken Aitken said the Company had received all necessary regulatory approvals and would proceed to spud the well as soon as rig-up was complete.


'The discovery of gas in the Gingin-1 well drilled in 1965 only 500m to the northeast gives us a high degree of confidence in this well,' Mr Aitken said. 'The Gingin-1 well was a producing well and Red Gully North is located on the same structure but updip of that discovery.'


Empire will provide another announcement on spudding of the well and will lodge weekly drilling updates.


Yours sincerely


For Empire Oil & Gas NL


Ken Aitken

Chief Executive Officer


n those hou rs that c ed - excepts on tho erson Lee prefe rs e

ASX RELEASE EMPIRE OIL & GAS NL


For further information, please contact:

Ken Aitken Cameron Morse

Chief Executive Officer FTI Consulting

Empire Oil & Gas NL

Telephone: +61 8 9286 4600 Telephone: +61 8 9485 8888 www.empireoil.com.au


About Empire Oil & Gas

Empire Oil & Gas NL ('Empire' or the 'Company') is an onshore conventional gas and condensate producer and explorer listed on the Australian Securities Exchange (ASX: EGO) with key assets in the Perth Basin in Western Australia. The Company's producing assets at Red Gully are less than 150kms from the city of Perth where there is a strong gas market. Since commencing operations in 2013, the 100% owned Red Gully Processing Facility has produced and delivered over 5,000 Terajoules (TJ) of gas. Gas produced to date has been contracted to Alcoa and delivered through the Dampier to Bunbury Natural Gas Pipeline (DBNGP), which lies next to the Processing Facility. Condensate produced is transported via road to BP.


EGO is the holder of the largest net acreage in the highly prospective Perth Basin with its production licenses and permits covering more than 10,000km2, representing 48% of the currently granted acreage in the Perth Basin. Close to pipeline infrastructure and with rapid commercialisation opportunities, the Company has significant exploration potential in an underexplored, proven petroleum system.


Empire's vision is to sustainably grow the business into a mid-tier exploration and production company. Empire's strategy is to be the Perth Basin operator of choice, safely supplying WA domestic gas by growing the Red Gully production hub, delivering reserves and production growth by drilling material quality exploration prospects in the high profit margin onshore Perth Basin, enabling Empire to attract quality farm-in partners to assist in accelerating growth plans.

distributed by