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Empire Energy Group Bringing More Central Kansas Uplift Oil Wells Into Production

Empire Energy Group (ASX: EEG) continues to make steady production at its Central Kansas Uplift project as it prepares to complete the third well in the current 10 well program for production.

Completion work is currently underway on the Kirkman-2 well in Stafford County,

Meanwhile, completion difficulties were encountered with the Krankenberg 8-19 well in the Arbuckle formation, resulting in flow rates of about 6.1 barrels of oil per day.

Empire Energy plans to target up-hole formations in the Kansas City- Lansing formations for production.

On a positive note, the first well - Siefkes-12 - continues to produce oil at a steady rate of 24.5 barrels per day.

Each of the 10 wells targets production of 30 to 40 barrels of oil equivalent per day with ultimate recoveries of more than 50,000 barrels of oil.

Should all 10 wells be successful, production from the Central Kansas Uplift leases would increase from recent output of about 624 barrels of oil per day from 256 wells targeting the Arbuckle, Kansas City, Lansing, Viola and Shawnee formations.

Besides the wells, Empire Energy is also planning 5 polymer recompletions.

Further production and reserves upside could come from the 16 proved developed non-producing wells to be reworked, 31 proved undeveloped drilling locations and 56 probable locations.

All these are also expected to increase proved and probable reserves from the current 4.8 million barrels of oil equivalent.

Empire Energy has an average 74.5% working interest in the leases and is operator of 99% of the leases, which cover 18,000 acres (72.8 square kilometres) over 16 counties.

Meanwhile, the company has brought its Lantz-7 well in the Appalachia Basin on pump at rates of over 50 barrels of oil per day.

While the well had in the first 2 or 3 months produced oil at an average rate of about 80 barrels per day, there were days when the well was taken off line due to storage constraints.

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