Empire Energy Corporation Intl. (fka EEGC)

[rigman]

One other point, why would anyone invest in a company that can't guarantee that they will have a license in two months time?

IMO MRT only granted the license because of pressure from the minister who I believe was convinced by Bendal that the money to drill would be raised by the RO. This did not happen and I do not think Empire will get any further support from the minister.

Empire have had a license to drill for more than 10 years now and I believe MRT are fed up of with all the excuses and lack of results are keen to see someone else given the license. IMO MRT would prefer to have the area available than have it tied up with a non-performer like Empire.

I also believe, contrary to what some posters have said, that there are other companies looking for acreage in Tasmania