Here's a partial list of previous EEGC lies about funding:
(2005) Empire Energy and its subsidiary Great South Land Minerals have signed an agreement with M R Associates, headquartered in the U.K. This is the first of a possible series of strategic alliances...
(2008) Empire Energy Corporation International has signed both a Note for AUD $5 million and a Memorandum of Understanding governing formation of a Joint Venture that could cancel the Note and supply up to AUD $40 million of additional funding. The Note and MOU were signed with Hong Kong-based Smart Win International Limited
(2009) Empire Secures Funds Earmarked for Bellevue Drilling
(2009)The financial statements and other updated information contained in the 3rd quarter 10-Q will be integrated into US $ 9 Million Rights Offering
(2010) Empire Energy has entered into an agreement with an international finance company, Sure Capital to provide structured financing in the sum of US $180 million
(2010) Empire’s Chairman, CEO and two additional Directors intend to travel to Saudi Arabia, Qatar and the United Arab Emirates within the next two weeks for a series of meetings with potential joint venture partners. The Company anticipates authorization for an initial $20 million line of credit...
(2010) Empire Energy has identified and retained the services of a major investment banking firm, Hunter Wise Securities. The firm, subject to final due diligence review, is proceeding with the Empire capital raising efforts of an initial USD$200,000,000
(2011) Empire intends to offer an unsolicited proposal to the US Navy for 5.5 million B/yr of JP-5 (10% of Empire’s total Tasmanian, as yet, undiscovered potential resources [UPR]). Quoted price will be USD$200 per barrel (or USD$4.76 per gallon). Potential worth to Empire stockholders is USD$1.1 billion yr
(2015) Empire Energy Group Limited (the Company) reported Thursday that Definitive Agreements have been signed... The Definitive Agreements provide $60 million in Phase One funding and further provides access of up to $100 million of funding for Phase Two development.