Empire Energy Corporation Intl. (fka EEGC)

[Howardhaftel]

I agree. The actual amount of money spent in the past that has laid the ground work in identifying where to drill will seem like a drop in the bucket 10 years from now. There is a lot more to be spent on exploration. Once we start to drill it will continue non-stop and then the cost of collecting and transporting the hydrocarbons. Gas will be the least costly as a pipeline already exists and all that is needed is to tap into it. Oil is a different matter. Collection tanks at the water line will be needed and trucks to transport oil to the tanks. Once contained the oil will be pumped into tanker ships for transportation to refineries. As it is determined that there is a significant amount of oil a refinery may have to be constructed in Tasmania. The manpower required to operate these facilities and drive trucks will continue to increase, providing jobs and taxes to Tasmania. The outlook is bright and all will benefit. National security will be enhanced as Australia can now offer a fueling station to its Military and its allies. It all starts with the first oil strike.