Empire Energy Corporation Intl. (fka EEGC)

[Howardhaftel]

Progress update for EEGC
As you all know by now the company has received approval from the SEC for the rights offering and that is wrapping up as we speak.
The Tasmanian mining director has recommended approval for less than 1/2 the area EEGC has filed for and is entitled to. The Minister of Mining has signed off on the new 2 year lease and it has been delivered to EEGC management.
Only a 2 year lease was granted by MRT instead of the 5 year lease sort. That means we have to hustle and strike oil. The clock is ticking and the company is moving ahead at warp speed and there is a lot to do. Be confident in knowing it is being done. As future development come to my attention I will post them. Patience will be rewarded. Remember till we strike oil this venture is a gamble, but I think a good gamble because of all the money and dedication spent on research. In addition the company is seeking the remainder of the domes omitted from the granted lease and either has or will refile for the offshore area that was previously requested.

Sentiment : Strong Buy