Empire has enlisted Macquarie Capital Australia for a farm-in partner for its 11 Perth basin permits covering 3.6 million gross acres.
Macquarie said potential farm-in partners would have the ability to gain “meaningful interests” in Empire's Red Gully/Gingin West gas and condensate development, as well as a conventional oil and gas exploration programme.
Empire's portfolio includes conventional prospects totaling over 350 million barrels of oil equivalent of unrisked prospective resource and 14 billion barrels and 92 trillion cubic feet of potential unconventional oil and gas in place across multiple source rock intervals.
Macquarie
