Empire Energy Corporation Intl. (fka EEGC)

[jerseyfish]

Terrex Seismic who conducted the 2001, 2006 and 2007 seismic programmes for GSLM has been contracted and mobilized to Tasmania and are ready to conduct the seismic survey, including the only structure within our current Exploration License (EL) 14/2009 not yet completely seismically defined, Mt Lloyd dome. The planned 2012 seismic program has the multiple role of defining the centre of the Mt Lloyd dome, for oil drilling operations, and in addition, will be used to explore for the presence and depth from surface of oil, gas, coal and coal bed methane, which have been traced on our previous Thunderbolt seismic surveys and which Empire now intends to receive the commercial benefit.

The original specification of the 1,400 kilometres of 2D onshore seismic surveys at a 20 metre geo-phone spacing (70,000 sonic drill holes), was specifically designed to help meet the Joint Ore Reserves Committee (JORC) 2004 code requirements (http://www.jorc.org/pdf/jorc2004) to provide interpretive data to define the oil, gas and coal potential resources and drilling which will provide points of observation for further economic assessment and may define resources and reserves. The planned drill holes on Bellevue, Thunderbolt and Mt Lloyd domes should intersect and confirm that the seismic strong reflector anomalies traced across the Tasmania basin, through previous surveys conducted by GSLM, are the Early Permian, Late Permian and Triassic coal measures. GSLM has engaged SEMF Pty Ltd to provide a review and update of the existing Onshore Seismic Survey Environmental Plan to enable permits to be issued for the acquisition of up to approximately 300 line kilometres of 2D seismic.