Empire Energy Consolidates Funding Arrangements and Announces New Website and Investor Communication Initiative
2009-03-24 08:00 ET - News Release
LEAWOOD, Kan. -- (Business Wire)
Empire Energy Corporation International (OTCBB:EEGC) (“Empire Energy” or “the Company”) has today announced Funding Updates via its wholly owned subsidiary Great South Land Minerals Limited (GSLM).
Empire Energy is pleased to report that subsequent to reciprocal legal and financial due diligence procedures completed by both The Company and the lender announced on February 20, 2009, including specific financial statements required by the lender; the Funding Process will now proceed as planned and as previously announced in the Empire Energy Press Release dated February 20, 2009.
The lender has now officially informed Empire Energy that it is holding funds for the completion and closing of the previously described loan as per the signed term sheet, the amount being £1,150,000 GB Sterling; (Australian $2.53 million).
Empire Energy fully anticipates the closing of the financing within the next seven to fourteen days. This time is necessary for Australian legal counsel to complete legal documentation for the Senior Secured Collateral for this loan.
As importantly, approximately US $500 thousand is expected to be made available to the Company shortly as an interim measure. These funds have been structured as a bridging instrument, and will allow the Company the flexibility to expedite all elements of its Tasmanian drilling program.
Funding from the lender will be used to resume and expand the drilling program at the Bellevue #1 well in Tasmania, and the Hunt Rig #3 has been kept on the well site in accordance with its agreement with GSLM. The Bellevue site has had a great deal of preparatory work completed, including site access, site preparation work, and the top hole has been drilled to 272 metres (892 feet) and 20 inch casing has been set.
Recently purchased ancillary drilling equipment is situated on site. Drill crews will soon return to the Bellevue #1, complete their inspections, and commence deep drilling. We would once again mention that living accommodations for the crews have been secured at Bronte Park near the drilling sites. This will allow a smooth transition from one shift to another in order to expedite the program once it begins.
We expect the financing arrangements will give us the potential of AUD$10 million in funds to resume the multi-well drilling program using the Hunt Energy Rig #3.
In addition the announced rights offering, if fully subscribed, may bring us the potential of an additional AUD$12 million to continue the drilling programs.
The Company also formalized an agreement today with RAB Special Situations (Master) Fund Limited to extend the existing $1,500,000 convertible note payable to RAB until March, 2011 and to extend and issue warrants held by RAB to purchase 21,050,000 shares of Empire common stock at a price of $.07 per share until March, 2014.
Empire CEO Malcolm Bendall has stated, “We are continuing to diligently plan and execute our business model on all levels in order to complete the financings, expand the exploration protocols, and of course improve the communications network with our community of investors. It has been a singular focus of this company to move this project forward and to witness the oil and gas rig operating in Tasmania at Bellevue #1 as soon as possible. We are pleased that momentum is gathering pace for the execution of our planned drilling program and we anticipate this part of our financing will soon be finalized.”
The Company is also pleased to announce the completion of a totally remodelled website at www.empireenergy.com.
This new website will allow investors immediate access to various tools which will allow them to stay current with all of the facts and facets of this dynamic project. There will be streaming videos, stand alone videos, historical reports, stock quotes, and regular updates from both the CEO and the Director of Corporate Finance and Business Development describing in detail the progress of the drilling program. Additionally, we believe the site is very “user friendly” and linear in its approach to the volumes of information which have been generated over the years.
This web site is a work in progress so please visit us frequently and we invite your participation and comments in the “Newsletter Signup” and of course in the “Contact Us” Section. All news that is current will be placed in a box in the centre of the site which is labelled UPDATES! Photos and as importantly new videos will be posted regularly on the site.
Contemporary business interviews featuring CEO Malcolm Bendall and Mark Callaway, the newly appointed Director of Corporate Finance and Business Development, will be aired in the near future as they speak to the history and the prospects regarding to Empire Energy. The interviews were conducted by professional business Television personalities in London TV studios and will be broadcast on an International Investment Television Show. The interviews will be broadcast in thirty-four countries including North America, Europe, and Asia as well as on demand on the internet. The Broadcast enjoys distribution to 170,000,000 TV homes globally. The broadcast will also be aired in conjunction with the onset of the drilling program and planned rights offering. Upcoming announcements concerning the broadcast information are expected on or before Friday morning April 3rd, 2009.
Empire CEO Malcolm Bendall has stated, “We are delighted to announce these initiatives as part of the intended improvement to the communications network with our community of investors and we welcome comments and suggestions for further improvements.”
Empire Energy Corporation is an international oil and gas exploration company, focusing on developing assets in one of the world’s last virgin basins and to become a leading low cost finder of hydrocarbons. The company is currently operating in Tasmania’s central and northern basins.
This press release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as "expect," "anticipate," "estimate," "believes," "plans" and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Empire's ability to successfully acquire reserves and produce its resources among other issues. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements. For a more detailed discussion of risks and other factors related to Empire Energy Corporation Int'l, please refer to its 10-KSB and 10 Q reports filed with the U.S. Securities and Exchange Commission.
Contacts:
Empire Energy
John Garrison, 877-663-2310
Source: Empire Energy Corporation International
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EEGC - Oil drilling in Tasmania
4 posts • Page 1 of 1
EEGC - Oil drilling in Tasmania
by Jack_Aster » Tue Mar 24, 2009 11:33 am
- Jack_Aster
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Re: EEGC - Oil drilling in Tasmania
by Jack_Aster » Fri Apr 17, 2009 10:11 am
Empire Applies for Additional Exploration Licenses in Tasmania as Part of a New Strategic Alliance with a UK Natural Resources House
2009-04-17 13:32 ET - News Release
LEAWOOD, Kan. -- (Business Wire)
Empire Energy Corporation International (OTCBB: EEGC.OB) (“Empire Energy” or “the Company”), has today announced an investment in an African mining and mineral exploration company and the filing of applications for additional tenement licenses in Tasmania. These are as follows:
The Company has acquired the whole of the issued common shares of Grand Monarch Holdings Inc, a Delaware, fully reporting shell corporation, from Ballantyne Acquisition Corporation for 2,500,000 Empire Energy restricted shares. Ballantyne Acquisition Corporation is controlled by Tad Ballantyne, a Director of Empire Energy.
The Company has submitted tenement applications for the coal-bed methane horizons of the existing SEL 13/98 tenement and which would be tested commencing with the Bellevue #1 well, to be drilled shortly. Coal seams of Permian to Jurassic age occur throughout the Tasmanian Basin and are currently mined at several sites both by open pit and underground mining methods.
The Company has also submitted an application for a further 12,040 sq kilometres of tenement on the Eastern seaboard of Tasmania, which includes approximately 5,000 sq kilometres of offshore area, where 7 kilometres of onshore and 256 kilometres seismic operations were previously carried out by companies managed by Malcolm Bendall.
The Company will assign one third of the Eastern seaboard Tenement to its wholly owned subsidiary Grand Monarch Holdings Limited followed by a stock exchange agreement with Geominex Resources Limited, a UK private company, under which the Company will exchange 90% of Grand Monarch Holdings Limited for all of the issued and outstanding share capital of Geominex Resources. The Geominex Directors have estimated the value of their assets on a heavily discounted basis to be worth in the region of US$ 900 million.
Further to the recent filing of the 10K Report, the announced rights offering, if fully subscribed, may bring us the potential of an additional AUD$12 million to continue the drilling programs. Empire CEO Malcolm Bendall has stated, “The applications for further tenements in Tasmania confirm the Company’s new financial strength capability, and its commitment and belief that there are world class volumes of oil and gas in the State. At the same time, the Company has entered into a strategic alliance with Geominex Resources Limited to pursue this activity, and to expand the Company’s geographical spread into Africa where it will not only benefit from the existing mining operations, but also from the strong relationships of Geominex, and the potential for acquiring significant oil and gas tenements in Africa.”
Geominex Resources Chairman, Zamayi Sithole, stated that, “The strategic alliance with Empire is a significant step for Geominex, and will allow for the development of a substantial platform from which all parties will benefit significantly. The alliance combines the strength of Empire’s oil and gas and mining experience with the financial capacity of Geominex to establish a London-based natural resource company with an international focus and a direct access to the U.S. Capital markets.”
Empire Energy Corporation is an international oil and gas exploration company, focusing on developing assets in one of the world’s last virgin basins and becoming a leading low-cost finder of hydrocarbons. The company is currently operating in Tasmania’s central and northern basins.
Geominex Resources Limited is a private UK company with an address at Erskine House, 53 London Road, Maidstone, Kent ME16 8JH, United Kingdom, and which operates directly and indirectly through exploration and active mining in Africa, notably Geominex Mozambique Limitada, Geominex Niger S.A., Geominex Congo Limited, Geominex Burkina Faso S.A., Geominex Angola Limited and Geominex DRC Limited. All entities are owned from a minimal shareholding of 60% up to 100%. There is no interest in which the company owns less that 60% shares.
On behalf of Empire Energy
This press release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as "expect," "anticipate," "estimate," "believes," "plans" and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Empire's ability to successfully acquire reserves and produce its resources among other issues. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements. For a more detailed discussion of risks and other factors related to Empire Energy Corporation Int'l, please refer to its 10-KSB and 10 Q reports filed with the U.S. Securities and Exchange Commission.
Contacts:
Empire Energy Corporation International
John Garrison, 877-663-2310
Source: Empire Energy Corporation International
2009-04-17 13:32 ET - News Release
LEAWOOD, Kan. -- (Business Wire)
Empire Energy Corporation International (OTCBB: EEGC.OB) (“Empire Energy” or “the Company”), has today announced an investment in an African mining and mineral exploration company and the filing of applications for additional tenement licenses in Tasmania. These are as follows:
The Company has acquired the whole of the issued common shares of Grand Monarch Holdings Inc, a Delaware, fully reporting shell corporation, from Ballantyne Acquisition Corporation for 2,500,000 Empire Energy restricted shares. Ballantyne Acquisition Corporation is controlled by Tad Ballantyne, a Director of Empire Energy.
The Company has submitted tenement applications for the coal-bed methane horizons of the existing SEL 13/98 tenement and which would be tested commencing with the Bellevue #1 well, to be drilled shortly. Coal seams of Permian to Jurassic age occur throughout the Tasmanian Basin and are currently mined at several sites both by open pit and underground mining methods.
The Company has also submitted an application for a further 12,040 sq kilometres of tenement on the Eastern seaboard of Tasmania, which includes approximately 5,000 sq kilometres of offshore area, where 7 kilometres of onshore and 256 kilometres seismic operations were previously carried out by companies managed by Malcolm Bendall.
The Company will assign one third of the Eastern seaboard Tenement to its wholly owned subsidiary Grand Monarch Holdings Limited followed by a stock exchange agreement with Geominex Resources Limited, a UK private company, under which the Company will exchange 90% of Grand Monarch Holdings Limited for all of the issued and outstanding share capital of Geominex Resources. The Geominex Directors have estimated the value of their assets on a heavily discounted basis to be worth in the region of US$ 900 million.
Further to the recent filing of the 10K Report, the announced rights offering, if fully subscribed, may bring us the potential of an additional AUD$12 million to continue the drilling programs. Empire CEO Malcolm Bendall has stated, “The applications for further tenements in Tasmania confirm the Company’s new financial strength capability, and its commitment and belief that there are world class volumes of oil and gas in the State. At the same time, the Company has entered into a strategic alliance with Geominex Resources Limited to pursue this activity, and to expand the Company’s geographical spread into Africa where it will not only benefit from the existing mining operations, but also from the strong relationships of Geominex, and the potential for acquiring significant oil and gas tenements in Africa.”
Geominex Resources Chairman, Zamayi Sithole, stated that, “The strategic alliance with Empire is a significant step for Geominex, and will allow for the development of a substantial platform from which all parties will benefit significantly. The alliance combines the strength of Empire’s oil and gas and mining experience with the financial capacity of Geominex to establish a London-based natural resource company with an international focus and a direct access to the U.S. Capital markets.”
Empire Energy Corporation is an international oil and gas exploration company, focusing on developing assets in one of the world’s last virgin basins and becoming a leading low-cost finder of hydrocarbons. The company is currently operating in Tasmania’s central and northern basins.
Geominex Resources Limited is a private UK company with an address at Erskine House, 53 London Road, Maidstone, Kent ME16 8JH, United Kingdom, and which operates directly and indirectly through exploration and active mining in Africa, notably Geominex Mozambique Limitada, Geominex Niger S.A., Geominex Congo Limited, Geominex Burkina Faso S.A., Geominex Angola Limited and Geominex DRC Limited. All entities are owned from a minimal shareholding of 60% up to 100%. There is no interest in which the company owns less that 60% shares.
On behalf of Empire Energy
This press release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as "expect," "anticipate," "estimate," "believes," "plans" and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Empire's ability to successfully acquire reserves and produce its resources among other issues. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements. For a more detailed discussion of risks and other factors related to Empire Energy Corporation Int'l, please refer to its 10-KSB and 10 Q reports filed with the U.S. Securities and Exchange Commission.
Contacts:
Empire Energy Corporation International
John Garrison, 877-663-2310
Source: Empire Energy Corporation International
- Jack_Aster
- Posts: 177
- Joined: Thu Mar 12, 2009 6:19 am
Re: EEGC - Oil drilling in Tasmania
by Jack_Aster » Sat Jun 13, 2009 6:35 am
CEO of Empire Announces Personal Arrangement to Secure a US$ 50 Million Line of Credit to Be Made Available to Empire
2009-06-12 14:40 ET - News Release
LEAWOOD, Kan. -- (Business Wire)
Malcolm Bendall, Chief Executive Officer of Empire Energy Corporation International (Empire) (OTCBB: EEGC.OB) (OTCBB: EEGC) today announced that he received written notice of approval to provide him US$50 million for the purpose of providing financing to Empire. Initially, Mr. Bendall intends to use the proceeds of this financing to take down his Rights in the Rights Offering currently under review by the United States Securities and Exchange Commission (www.sec.gov) followed by taking down his over allotment option to the extent that other Rights Holders fail to exercise. Additionally, to the extent necessary, Mr. Bendall will provide financing to the company, if necessary, prior to the effectiveness of the Rights Offering registration statement, and subsequent thereto with a view toward completing the drilling of Bellevue #1 and Thunderbolt #1 exploration wells in Empire's Tasmanian basin Special Exploration License (SEL13/98) on successful completion of the financial arrangements. In addition, funding is intended to finance the seismic, drilling and further exploration in the concessions SEL 4/2009 and 5/2009, to include the coal bed methane horizons in the SEL 13/98 tenement, which have been applied for by Empire and for which award is expected shortly. Further updates will be provided as soon as more details are available regarding this financing.
Empire Energy Corporation is an international oil and gas exploration company, focusing on developing assets in one of the world's last virgin basins and to become a leading low-cost finder of hydrocarbons. The Company is currently operating in Tasmania's central and northern basins.
Aerial pictures of the well site and the progress of the setup are available on Empire’s Web sites www.empireenergy.com and www.gslm.com.
This press release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as "expect," "anticipate," "estimate," "believes," "plans" and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Empire's ability to successfully acquire reserves and produce its resources among other issues. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements. For a more detailed discussion of risks and other factors related to Empire Energy Corporation International, please refer to 10-K and 10 Q reports filed with the U.S. Securities and Exchange Commission.
Contacts:
Empire Energy Corporation International
Malcolm Bendall, 877-663-2310
Source: Empire Energy Corporation International
2009-06-12 14:40 ET - News Release
LEAWOOD, Kan. -- (Business Wire)
Malcolm Bendall, Chief Executive Officer of Empire Energy Corporation International (Empire) (OTCBB: EEGC.OB) (OTCBB: EEGC) today announced that he received written notice of approval to provide him US$50 million for the purpose of providing financing to Empire. Initially, Mr. Bendall intends to use the proceeds of this financing to take down his Rights in the Rights Offering currently under review by the United States Securities and Exchange Commission (www.sec.gov) followed by taking down his over allotment option to the extent that other Rights Holders fail to exercise. Additionally, to the extent necessary, Mr. Bendall will provide financing to the company, if necessary, prior to the effectiveness of the Rights Offering registration statement, and subsequent thereto with a view toward completing the drilling of Bellevue #1 and Thunderbolt #1 exploration wells in Empire's Tasmanian basin Special Exploration License (SEL13/98) on successful completion of the financial arrangements. In addition, funding is intended to finance the seismic, drilling and further exploration in the concessions SEL 4/2009 and 5/2009, to include the coal bed methane horizons in the SEL 13/98 tenement, which have been applied for by Empire and for which award is expected shortly. Further updates will be provided as soon as more details are available regarding this financing.
Empire Energy Corporation is an international oil and gas exploration company, focusing on developing assets in one of the world's last virgin basins and to become a leading low-cost finder of hydrocarbons. The Company is currently operating in Tasmania's central and northern basins.
Aerial pictures of the well site and the progress of the setup are available on Empire’s Web sites www.empireenergy.com and www.gslm.com.
This press release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as "expect," "anticipate," "estimate," "believes," "plans" and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Empire's ability to successfully acquire reserves and produce its resources among other issues. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements. For a more detailed discussion of risks and other factors related to Empire Energy Corporation International, please refer to 10-K and 10 Q reports filed with the U.S. Securities and Exchange Commission.
Contacts:
Empire Energy Corporation International
Malcolm Bendall, 877-663-2310
Source: Empire Energy Corporation International
- Jack_Aster
- Posts: 177
- Joined: Thu Mar 12, 2009 6:19 am
Re: EEGC - Oil drilling in Tasmania
by Jack_Aster » Thu Nov 05, 2009 6:53 am
Empire Signs Back to Site Agreement with Hunt Energy Drilling, Orders Independent Report by RPS to Further Validate U.S. $3.3 Billion WHK Valuation and Publishes Final Report on SEL 13/98
2009-11-05 07:24 MT - News Release
LEAWOOD, Kan. -- (Business Wire)
Empire Energy Corp. Intl. (OTC BB: EEGC) has signed Back to Site Agreement with Hunt Energy Drilling of Australia. In the agreement, Hunt Energy has agreed to return to the Bellevue drill site which has been prepared for drilling operations. Malcolm Bendall said, “We welcome the signing of this agreement with Hunt Energy and look forward to working together and the commencement of drilling on the Bellevue site.”
Empire intends to start drilling at Bellevue and follow with drilling at the Thunderbolt site. Bellevue and Thunderbolt are the two largest domes discovered during the extensive exploration efforts by Empire and Great South Land Minerals (wholly owned subsidiary). Bellevue and Thunderbolt were identified as areas believed to be capable of containing substantial commercial quantities of oil and gas.
Empire has re-commissioned RPS Energy (a world leader in oil and gas valuations) to further evaluate and validate the Bellevue and Thunderbolt structures to underpin the US$3.3 billion (equal to US$10 per share) asset value determined by WHK and has arranged increased accommodation availability at Bronte Park to house the additional workforce needed to complete the work at Bellevue.
The Final Report documenting all work accomplished on SEL 13/98 has been completed and submitted to Mineral Resources Tasmania. This detailed document is now at printers to be mailed to Empire shareholders and will be posted on the Empire Energy websites www.empireenergy.com and www.gslm.com for public viewing. Malcolm Bendall, CEO, said, ”This report details the substantial volume of work accomplished by Empire and their wholly owned subsidiary Great South Land Minerals on the license property and previous from 1984 – 2009. Empire looks forward to the beginning of their 15 well drilling program and developing the potential of the vast Tasmanian Basin for the benefit of Tasmania and the Empire shareholders.”
Malcolm Bendall, CEO Empire Energy
Empire Energy Corporation is an international oil and gas exploration company, focusing on developing assets in one of the world's last virgin basins and to become a leading low-cost finder of hydrocarbons. The Company is currently operating in Tasmania's central and northern basins.
This press release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as "expect," "anticipate," "estimate," "believes," "plans" and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Empire's ability to successfully acquire reserves and produce its resources among other issues. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements. For a more detailed discussion of risks and other factors related to Empire Energy Corporation International, please refer to 10-K and 10Q reports filed with the U.S. Securities and Exchange Commission.
Contacts:
Empire Energy Corp. Intl.
Malcolm Bendall, 800-663-2310
Source: Empire Energy Corp. Intl.
2009-11-05 07:24 MT - News Release
LEAWOOD, Kan. -- (Business Wire)
Empire Energy Corp. Intl. (OTC BB: EEGC) has signed Back to Site Agreement with Hunt Energy Drilling of Australia. In the agreement, Hunt Energy has agreed to return to the Bellevue drill site which has been prepared for drilling operations. Malcolm Bendall said, “We welcome the signing of this agreement with Hunt Energy and look forward to working together and the commencement of drilling on the Bellevue site.”
Empire intends to start drilling at Bellevue and follow with drilling at the Thunderbolt site. Bellevue and Thunderbolt are the two largest domes discovered during the extensive exploration efforts by Empire and Great South Land Minerals (wholly owned subsidiary). Bellevue and Thunderbolt were identified as areas believed to be capable of containing substantial commercial quantities of oil and gas.
Empire has re-commissioned RPS Energy (a world leader in oil and gas valuations) to further evaluate and validate the Bellevue and Thunderbolt structures to underpin the US$3.3 billion (equal to US$10 per share) asset value determined by WHK and has arranged increased accommodation availability at Bronte Park to house the additional workforce needed to complete the work at Bellevue.
The Final Report documenting all work accomplished on SEL 13/98 has been completed and submitted to Mineral Resources Tasmania. This detailed document is now at printers to be mailed to Empire shareholders and will be posted on the Empire Energy websites www.empireenergy.com and www.gslm.com for public viewing. Malcolm Bendall, CEO, said, ”This report details the substantial volume of work accomplished by Empire and their wholly owned subsidiary Great South Land Minerals on the license property and previous from 1984 – 2009. Empire looks forward to the beginning of their 15 well drilling program and developing the potential of the vast Tasmanian Basin for the benefit of Tasmania and the Empire shareholders.”
Malcolm Bendall, CEO Empire Energy
Empire Energy Corporation is an international oil and gas exploration company, focusing on developing assets in one of the world's last virgin basins and to become a leading low-cost finder of hydrocarbons. The Company is currently operating in Tasmania's central and northern basins.
This press release contains forward-looking statements based on our current expectations about our company and our industry. You can identify these forward-looking statements when you see us using the words such as "expect," "anticipate," "estimate," "believes," "plans" and other similar expressions. These forward-looking statements involve risks and uncertainties. Our actual results could differ materially from those anticipated in these forward-looking statements as a result of our ability to complete required financings and other preconditions to the completion of the transactions described herein and Empire's ability to successfully acquire reserves and produce its resources among other issues. We undertake no obligation to publicly update any forward-looking statements for any reason, even if new information becomes available or other events occur in the future. We caution you not to place undue reliance on those statements. For a more detailed discussion of risks and other factors related to Empire Energy Corporation International, please refer to 10-K and 10Q reports filed with the U.S. Securities and Exchange Commission.
Contacts:
Empire Energy Corp. Intl.
Malcolm Bendall, 800-663-2310
Source: Empire Energy Corp. Intl.
- Jack_Aster
- Posts: 177
- Joined: Thu Mar 12, 2009 6:19 am
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