Empire Energy Corporation Intl. (fka EEGC)

[Howardhaftel]

From todays PR:

Issuance of exploration license 14/2009 will represent the first time that the Company will have both an exploration license covering seismically defined prospective structures and an economic valuation of those structures. (The economic valuation can be viewed at the company website at www.empireenergy.com) The Company's current market capitalization and share price is 200 times less than the current asset value of US$2.23 billion (AUD$2.48 billion) comparative market value. For those who can't participate in the Rights Offering, this is an excellent opportunity to purchase shares at below the current Rights Offering price in the market.