View ValuationBeetaloo Energy Australia 향후 성장Future 기준 점검 5/6Beetaloo Energy Australia은 연간 수입과 매출이 각각 98.4%와 75.3% 증가할 것으로 예상되고 EPS는 연간 97.4%만큼 증가할 것으로 예상됩니다.핵심 정보98.4%이익 성장률97.38%EPS 성장률Oil and Gas 이익 성장11.3%매출 성장률75.3%향후 자기자본이익률n/a애널리스트 커버리지Low마지막 업데이트25 May 2026최근 향후 성장 업데이트업데이트 없음모든 업데이트 보기Recent updates공시 • Apr 11+ 1 more updateBeetaloo Energy Australia Limited, Annual General Meeting, May 29, 2026Beetaloo Energy Australia Limited, Annual General Meeting, May 29, 2026.공시 • Apr 10Beetaloo Energy Australia Limited has filed a Follow-on Equity Offering in the amount of AUD 66.744 million.Beetaloo Energy Australia Limited has filed a Follow-on Equity Offering in the amount of AUD 66.744 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 236,835,714 Price\Range: AUD 0.28 Discount Per Security: AUD 0.014 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,535,714 Price\Range: AUD 0.28 Transaction Features: Subsequent Direct Listing공시 • May 16+ 2 more updatesEmpire Energy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 28 million.Empire Energy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 28 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 173,437,500 Price\Range: AUD 0.16 Discount Per Security: AUD 0.008 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,562,500 Price\Range: AUD 0.16 Transaction Features: Subsequent Direct Listing공시 • Mar 31Empire Energy Group Limited, Annual General Meeting, May 29, 2025Empire Energy Group Limited, Annual General Meeting, May 29, 2025.공시 • Jan 17Empire Energy Group Limited Announces Executive ChangesEmpire Energy Group Limited announced that Mr. Ben Johnston has resigned as Company Secretary of Empire and its subsidiaries, Imperial Oil & Gas Pty Limited and Imperial Oil & Gas A Pty Limited with effect from 17 January 2025. Mr. Johnston will be replaced by Ms Gillian Nairn as Company Secretary with effect from 17 January 2025. Ms Nairn is a senior corporate governance professional and company secretary with significant experience working with listed entities. She has more than 20 years legal and governance experience gained in private practice and in various in-house and consulting roles across a variety of sectors including resources.공시 • Jul 02Empire Energy Group Limited Appoints Chris White as Chief Operating OfficerEmpire Energy Group Limited announced the appointment of Mr. Chris White as chief operating officer. Chris has 25 years' experience commercializing and developing Australian onshore unconventional gas resources. Chris joins Empire following 18 years at Origin Energy in the roles of General Manager Upstream Growth, General Manager Exploration and New Ventures, Group Manager Field Development Optimization, Production Optimization Manager and Petroleum Engineering Team Leader. Prior to Origin, Chris was a Project Manager for gas infrastructure projects at Laing O'Rourke UK, and a Petroleum Engineer at Queensland Gas Company. Chris has a demonstrated track record leading multidisciplinary teams. He has been instrumental in proving the commerciality of onshore unconventional gas resources in Queensland, driving rapid reserves growth, building production to export scale, delivering production outcomes exceeding FID assumptions to fill two Australia Pacific LNG trains at Gladstone, delivering successful exploration campaigns across multiple basins including the Beetaloo Basin, and helping deliver multibillion dollar investments by attracting joint venture partners. Chris will play an important role in Empire's transition from explorer to producer focused on the Beetaloo Basin. Chris has a Bachelor of Engineering (Petroleum) from the University of NSW.공시 • Apr 17Empire Energy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 39 million.Empire Energy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 39 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 193,321,700 Price\Range: AUD 0.16 Discount Per Security: AUD 0.008 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 50,428,300 Price\Range: AUD 0.16 Discount Per Security: AUD 0.008 Transaction Features: Subsequent Direct Listing공시 • Mar 28Empire Energy Group Limited, Annual General Meeting, May 28, 2024Empire Energy Group Limited, Annual General Meeting, May 28, 2024, at 09:30 E. Australia Standard Time. Location: Level 2, 259 George Street, Sydney NSW 2000 Sydney New South Wales Australia공시 • Nov 17Empire Energy Group Limited Announces Changes to Board of DirectorsEmpire Energy Group Limited announced that Mr. Paul Fudge and Ms. Jacqui Clarke have retired as a Non-Executive Director and alternate Director of the Company. Mr. Fudge is Empire's larger shareholder and the founder of Pangaea Resources ("Pangaea"). Mr. Fudge is one of Australia's most successful investors in unconventional gas development and was one of the early movers into the Northern Territory's Beetaloo Sub-basin. Empire also announced the appointment of Ms. Karen Green as an independent Non-Executive Director with effect from 17 November 2023. Ms. Green will also be appointed Chair of the Audit & Risk Committee. Ms. Green will stand for election at Empire's 2024 Annual General Meeting to be held during May 2024. Karen has 36 years' experience in business advisory services in Western Australia and Northern Territory ("NT"). She has lived in the NT since 1991 where she was an equity partner in the Deloitte Australian partnership for over 20 years. Karen was the Office Managing Partner of Deloitte in the NT for several years and the 5th female ever to become a Partner in the Deloitte Australia partnership. Following her resignation from the Deloitte partnership in 2020, Karen established Advisory HQ which is a collective of highly respected long-term residents of the NT delivering growth for Northern Australian businesses and organisations. Karen has worked alongside a number of family groups as their trusted business advisor and acted as an advisor to numerous public and private sector clients in Northern Australia, including consultation, facilitation, and development of strategic plans and financial strategies. Karen has extensive experience in providing business plans, stakeholder engagement, development plans, strategic planning, and investment attraction to the private and public sector. Karen has also been an Advisory Board Member of a number of emerging companies. Karen is recognised for her strategic direction and leadership through a variety of board roles including currently as a Non-Executive Director of the Airport Development Group Pty Ltd. (the long term lease holder of Darwin International Airport, Alice Springs Airport and Tennant Creek Airport), NT National Security Advisory Group, Member of Investment Advisory Group for Department of NT Chief Minister and Cabinet, Chair of the NT Screen Industry Advisory Committee and the NT Council of the Australian Institute of Company Directors.공시 • May 30Empire Energy Group Limited Announces Board ChangesEmpire Energy Group Limited announced that Mr. Paul Espie AO will retire as Chairman and Non-Executive Director of Empire, at the conclusion of Annual General Meeting of the Company, effective 30 May 2023. Empire announced the appointment of Mr. Peter Cleary as Chairman of the Board, effective 30 May 2023 at the conclusion of Annual General Meeting. Mr. Cleary is a leader in the oil and gas sector. He holds relationships with commercial and government entities gained over a distinguished 29-year career representing Santos, the North West Shelf Venturers and BP in Asia. His executive career was in LNG, pipeline gas and chemicals operations. Mr. Cleary was first elected to the Board on 14 July 2020. He is currently a Senior Consultant with Diamond Gas International, Mitsubishi Corporation’s LNG marketing and business development subsidiary, as well as Shinka Management, a group that advises on the application of Japanese productivity practices to clients in 26 counties. He is a member of the Executive Committee of the Australia Japan Business Co-operation Committee and the Australia Korea Business Council.공시 • Jan 12Empire Energy Group Limited Announces Carpentaria-3H Hydraulic Stimulation and Carpentaria-4V Drilling Successfully Completed, Flow Testing Program UnderwayEmpire Energy Group Limited completed hydraulic stimulation operations at C-3H on 11 January 2023. 40 hydraulic stimulation stages were executed along an effective 1,989 metre section of the 2,632 metre horizontal wellbore. Of these 40 stages, 35 were executed in the B Shale target window along an effective 1,655 metre section. An additional 5 stages were executed in other intervals of lower mud gas over the remaining 334 metres to assess those intervals' deliverability. A total of 12.8 million lbs 1 of proppant was placed averaging 319,000 lbs per stage and 1,956 lbs per foot along the wellbore. Leveraging the knowledge gained during C-2H operations, a selection of hydraulic stimulation fluids was utilised, specifically 16 Crosslink stages, 3 Slickwater stages and 21 hybrid stages. Completion strategies were also further refined, including perforation technique, pumping plan and proppant concentration. Wellbore clean out operations using coiled tubing have commenced, with flow back of hydraulic stimulation fluids to be undertaken shortly. Empire will then commence a 90-day Extended Production Test. Flowback and production testing will be managed to establish long term reservoir deliverability for future development planning and will be incorporated into the planning and design for the planned pilot project which aims to supply first commercial gas from the Beetaloo 2. The forecast total cost for the C-3H hydraulic stimulation operations and EPT is $17.3 million, which is $3.6 million below the risked budget of $20.9 million. Empire has paid $8.9 million of the forecast total cost to date and the C-3H hydraulic stimulation operations are expected to benefit from grant proceeds under the Australian Government's Beetaloo Cooperative Drilling Program. The vertical appraisal C-4V well, which commenced drilling on 15 December 2023, reached a total depth of 2,000 metres in 12 days on 27 December 2023. The well targeted and intersected the same stacked Velkerri Formation shales as the Carpentaria-1 and Carpentaria-2 wells. Following an extensive wireline formation evaluation program, that included rotary sidewall cores, the well was plugged back to surface casing for potential future horizontal development drilling. The drilling program concluded on 5 January 2023 and the rig has been released for demobilisation. The thickness and depths of each of the target shales was as prognosed pre-drill, reconfirming Empire's subsurface modeling. Elevated mud gas was observed through the target shales as anticipated and as encountered in the C-1, C-2 /2H and C-3H wells. The intersected stacked shale sequences have demonstrated consistent thickness throughout the Carpentaria resource area of EP187, with the C-4V well intersecting moderately drier gas than C-1 and C-2 due to greater depth of burial. The shales are 150 metres deeper than at the C-3H location, which will have a positive impact on gas storage and provide additional pressure support to drive enhanced gas flow rates in future development scenarios. During the first quarter of 2023, Empire's technical team will further analyse well data to mature Prospective Resources to Contingent Resources in the Carpentaria East Area, where C-4V is located, and to advance resource characterisation for development planning. Empire will also source an updated independent resource assessment for EP187. The forecast total cost for the drilling of C-4V is $9.8 million which exceeded the risked estimate by $0.8 million due to weather related delays. Empire has paid $5.1 million of the forecast total cost to date and C-4V drilling is expected to benefit from grant proceeds under the Australian Government's Beetaloo Cooperative Drilling Program. The cost of C-4V access tracks and wellpad construction completed earlier in 2022 was $1.6 million which was $0.4 million under the risked budget. These access tracks and wellpad costs are once-off and several wells can be established on the wellpad in future development scenarios. Notwithstanding a delay in the rig move between C-3H and C-4V due to wet weather, the combined C-3H and C-4V work program is forecast to be under risked budget by approximately $5.5 million.이익 및 매출 성장 예측OTCPK:EEGU.F - 애널리스트 향후 추정치 및 과거 재무 데이터 (AUD Millions)날짜매출이익자유현금흐름영업현금흐름평균 애널리스트 수12/31/20288216N/AN/A112/31/20278217N/A51312/31/202620-9N/A12312/31/2025N/A-19-66-18N/A6/30/20250-21-58-8N/A3/31/20251-21-48-10N/A12/31/2024N/A-21-38-11N/A6/30/20241-19-14-8N/A3/31/20241-18-12-5N/A12/31/20230-17-10-2N/A9/30/20234-14-22-1N/A6/30/20237-10-350N/A3/31/202311-8-342N/A12/31/202214-6-325N/A9/30/202213-7-291N/A6/30/202212-7-25-2N/A3/31/202210-9-25-2N/A12/31/20219-11-25-2N/A9/30/20217-10-23-3N/A6/30/20216-8-20-3N/A3/31/20216-8-18-3N/A12/31/20206-8-16-3N/A9/30/20207-12-11-3N/A6/30/20207-17-6-3N/A3/31/20207-17-5-2N/A12/31/20198-17-4-1N/A6/30/20199-9N/A0N/A3/31/20199-8N/A0N/A12/31/20189-7N/A0N/A9/30/201814-20N/A-1N/A6/30/201814-18N/A-2N/A3/31/201816-22N/A-2N/A12/31/201718-26N/A-1N/A9/30/201718-18N/A-1N/A6/30/201719-10N/A0N/A3/31/2017196N/A0N/A12/31/20162023N/A0N/A9/30/2016205N/A-1N/A6/30/201622-11N/A-1N/A3/31/201622-23N/A0N/A12/31/201525-37N/A2N/A9/30/201527-26N/A5N/A6/30/201526-13N/A7N/A더 보기애널리스트 향후 성장 전망수입 대 저축률: EEGU.F 은 향후 3년 동안 수익을 낼 것으로 예상되며, 이는 절약률(3.5%)보다 빠른 성장으로 간주됩니다.수익 vs 시장: EEGU.F (는) 향후 3년 동안 평균 시장 성장보다 높은 수익을 올릴 것으로 예상됩니다.고성장 수익: EEGU.F 향후 3년 내에 수익을 낼 것으로 예상됩니다.수익 대 시장: EEGU.F 의 수익(연간 75.3%)이 US 시장(연간 11.7%)보다 빠르게 성장할 것으로 예상됩니다.고성장 매출: EEGU.F 의 수익(연간 75.3%)은 연간 20%보다 빠르게 증가할 것으로 예상됩니다.주당순이익 성장 예측향후 자기자본이익률미래 ROE: EEGU.F의 자본 수익률이 3년 후 높을 것으로 예상되는지 판단하기에 데이터가 부족합니다.성장 기업 찾아보기7D1Y7D1Y7D1YEnergy 산업의 고성장 기업.View Past Performance기업 분석 및 재무 데이터 상태데이터최종 업데이트 (UTC 시간)기업 분석2026/05/25 20:18종가2026/05/18 00:00수익2025/12/31연간 수익2025/12/31데이터 소스당사의 기업 분석에 사용되는 데이터는 S&P Global Market Intelligence LLC에서 제공됩니다. 아래 데이터는 이 보고서를 생성하기 위해 분석 모델에서 사용됩니다. 데이터는 정규화되므로 소스가 제공된 후 지연이 발생할 수 있습니다.패키지데이터기간미국 소스 예시 *기업 재무제표10년손익계산서현금흐름표대차대조표SEC 양식 10-KSEC 양식 10-Q분석가 컨센서스 추정치+3년재무 예측분석가 목표주가분석가 리서치 보고서Blue Matrix시장 가격30년주가배당, 분할 및 기타 조치ICE 시장 데이터SEC 양식 S-1지분 구조10년주요 주주내부자 거래SEC 양식 4SEC 양식 13D경영진10년리더십 팀이사회SEC 양식 10-KSEC 양식 DEF 14A주요 개발10년회사 공시SEC 양식 8-K* 미국 증권에 대한 예시이며, 비(非)미국 증권에는 해당 국가의 규제 서식 및 자료원을 사용합니다.별도로 명시되지 않는 한 모든 재무 데이터는 연간 기간을 기준으로 하지만 분기별로 업데이트됩니다. 이를 TTM(최근 12개월) 또는 LTM(지난 12개월) 데이터라고 합니다. 자세히 알아보기.분석 모델 및 스노우플레이크이 보고서를 생성하는 데 사용된 분석 모델에 대한 자세한 내용은 당사의 Github 페이지에서 확인하실 수 있습니다. 또한 보고서 활용 방법에 대한 가이드와 YouTube 튜토리얼도 제공합니다.Simply Wall St 분석 모델을 설계하고 구축한 세계적 수준의 팀에 대해 알아보세요.산업 및 섹터 지표산업 및 섹터 지표는 Simply Wall St가 6시간마다 계산하며, 프로세스에 대한 자세한 내용은 Github에서 확인할 수 있습니다.분석가 소스Beetaloo Energy Australia Limited는 4명의 분석가가 다루고 있습니다. 이 중 3명의 분석가가 우리 보고서에 입력 데이터로 사용되는 매출 또는 수익 추정치를 제출했습니다. 분석가의 제출 자료는 하루 종일 업데이트됩니다.분석가기관James BullenCanaccord GenuityAdrian PrendergastMorgans Financial LimitedStuart BakerMST Financial Services Pty Limited1명의 분석가 더 보기
공시 • Apr 11+ 1 more updateBeetaloo Energy Australia Limited, Annual General Meeting, May 29, 2026Beetaloo Energy Australia Limited, Annual General Meeting, May 29, 2026.
공시 • Apr 10Beetaloo Energy Australia Limited has filed a Follow-on Equity Offering in the amount of AUD 66.744 million.Beetaloo Energy Australia Limited has filed a Follow-on Equity Offering in the amount of AUD 66.744 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 236,835,714 Price\Range: AUD 0.28 Discount Per Security: AUD 0.014 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,535,714 Price\Range: AUD 0.28 Transaction Features: Subsequent Direct Listing
공시 • May 16+ 2 more updatesEmpire Energy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 28 million.Empire Energy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 28 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 173,437,500 Price\Range: AUD 0.16 Discount Per Security: AUD 0.008 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 1,562,500 Price\Range: AUD 0.16 Transaction Features: Subsequent Direct Listing
공시 • Mar 31Empire Energy Group Limited, Annual General Meeting, May 29, 2025Empire Energy Group Limited, Annual General Meeting, May 29, 2025.
공시 • Jan 17Empire Energy Group Limited Announces Executive ChangesEmpire Energy Group Limited announced that Mr. Ben Johnston has resigned as Company Secretary of Empire and its subsidiaries, Imperial Oil & Gas Pty Limited and Imperial Oil & Gas A Pty Limited with effect from 17 January 2025. Mr. Johnston will be replaced by Ms Gillian Nairn as Company Secretary with effect from 17 January 2025. Ms Nairn is a senior corporate governance professional and company secretary with significant experience working with listed entities. She has more than 20 years legal and governance experience gained in private practice and in various in-house and consulting roles across a variety of sectors including resources.
공시 • Jul 02Empire Energy Group Limited Appoints Chris White as Chief Operating OfficerEmpire Energy Group Limited announced the appointment of Mr. Chris White as chief operating officer. Chris has 25 years' experience commercializing and developing Australian onshore unconventional gas resources. Chris joins Empire following 18 years at Origin Energy in the roles of General Manager Upstream Growth, General Manager Exploration and New Ventures, Group Manager Field Development Optimization, Production Optimization Manager and Petroleum Engineering Team Leader. Prior to Origin, Chris was a Project Manager for gas infrastructure projects at Laing O'Rourke UK, and a Petroleum Engineer at Queensland Gas Company. Chris has a demonstrated track record leading multidisciplinary teams. He has been instrumental in proving the commerciality of onshore unconventional gas resources in Queensland, driving rapid reserves growth, building production to export scale, delivering production outcomes exceeding FID assumptions to fill two Australia Pacific LNG trains at Gladstone, delivering successful exploration campaigns across multiple basins including the Beetaloo Basin, and helping deliver multibillion dollar investments by attracting joint venture partners. Chris will play an important role in Empire's transition from explorer to producer focused on the Beetaloo Basin. Chris has a Bachelor of Engineering (Petroleum) from the University of NSW.
공시 • Apr 17Empire Energy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 39 million.Empire Energy Group Limited has completed a Follow-on Equity Offering in the amount of AUD 39 million. Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 193,321,700 Price\Range: AUD 0.16 Discount Per Security: AUD 0.008 Security Name: Ordinary Shares Security Type: Common Stock Securities Offered: 50,428,300 Price\Range: AUD 0.16 Discount Per Security: AUD 0.008 Transaction Features: Subsequent Direct Listing
공시 • Mar 28Empire Energy Group Limited, Annual General Meeting, May 28, 2024Empire Energy Group Limited, Annual General Meeting, May 28, 2024, at 09:30 E. Australia Standard Time. Location: Level 2, 259 George Street, Sydney NSW 2000 Sydney New South Wales Australia
공시 • Nov 17Empire Energy Group Limited Announces Changes to Board of DirectorsEmpire Energy Group Limited announced that Mr. Paul Fudge and Ms. Jacqui Clarke have retired as a Non-Executive Director and alternate Director of the Company. Mr. Fudge is Empire's larger shareholder and the founder of Pangaea Resources ("Pangaea"). Mr. Fudge is one of Australia's most successful investors in unconventional gas development and was one of the early movers into the Northern Territory's Beetaloo Sub-basin. Empire also announced the appointment of Ms. Karen Green as an independent Non-Executive Director with effect from 17 November 2023. Ms. Green will also be appointed Chair of the Audit & Risk Committee. Ms. Green will stand for election at Empire's 2024 Annual General Meeting to be held during May 2024. Karen has 36 years' experience in business advisory services in Western Australia and Northern Territory ("NT"). She has lived in the NT since 1991 where she was an equity partner in the Deloitte Australian partnership for over 20 years. Karen was the Office Managing Partner of Deloitte in the NT for several years and the 5th female ever to become a Partner in the Deloitte Australia partnership. Following her resignation from the Deloitte partnership in 2020, Karen established Advisory HQ which is a collective of highly respected long-term residents of the NT delivering growth for Northern Australian businesses and organisations. Karen has worked alongside a number of family groups as their trusted business advisor and acted as an advisor to numerous public and private sector clients in Northern Australia, including consultation, facilitation, and development of strategic plans and financial strategies. Karen has extensive experience in providing business plans, stakeholder engagement, development plans, strategic planning, and investment attraction to the private and public sector. Karen has also been an Advisory Board Member of a number of emerging companies. Karen is recognised for her strategic direction and leadership through a variety of board roles including currently as a Non-Executive Director of the Airport Development Group Pty Ltd. (the long term lease holder of Darwin International Airport, Alice Springs Airport and Tennant Creek Airport), NT National Security Advisory Group, Member of Investment Advisory Group for Department of NT Chief Minister and Cabinet, Chair of the NT Screen Industry Advisory Committee and the NT Council of the Australian Institute of Company Directors.
공시 • May 30Empire Energy Group Limited Announces Board ChangesEmpire Energy Group Limited announced that Mr. Paul Espie AO will retire as Chairman and Non-Executive Director of Empire, at the conclusion of Annual General Meeting of the Company, effective 30 May 2023. Empire announced the appointment of Mr. Peter Cleary as Chairman of the Board, effective 30 May 2023 at the conclusion of Annual General Meeting. Mr. Cleary is a leader in the oil and gas sector. He holds relationships with commercial and government entities gained over a distinguished 29-year career representing Santos, the North West Shelf Venturers and BP in Asia. His executive career was in LNG, pipeline gas and chemicals operations. Mr. Cleary was first elected to the Board on 14 July 2020. He is currently a Senior Consultant with Diamond Gas International, Mitsubishi Corporation’s LNG marketing and business development subsidiary, as well as Shinka Management, a group that advises on the application of Japanese productivity practices to clients in 26 counties. He is a member of the Executive Committee of the Australia Japan Business Co-operation Committee and the Australia Korea Business Council.
공시 • Jan 12Empire Energy Group Limited Announces Carpentaria-3H Hydraulic Stimulation and Carpentaria-4V Drilling Successfully Completed, Flow Testing Program UnderwayEmpire Energy Group Limited completed hydraulic stimulation operations at C-3H on 11 January 2023. 40 hydraulic stimulation stages were executed along an effective 1,989 metre section of the 2,632 metre horizontal wellbore. Of these 40 stages, 35 were executed in the B Shale target window along an effective 1,655 metre section. An additional 5 stages were executed in other intervals of lower mud gas over the remaining 334 metres to assess those intervals' deliverability. A total of 12.8 million lbs 1 of proppant was placed averaging 319,000 lbs per stage and 1,956 lbs per foot along the wellbore. Leveraging the knowledge gained during C-2H operations, a selection of hydraulic stimulation fluids was utilised, specifically 16 Crosslink stages, 3 Slickwater stages and 21 hybrid stages. Completion strategies were also further refined, including perforation technique, pumping plan and proppant concentration. Wellbore clean out operations using coiled tubing have commenced, with flow back of hydraulic stimulation fluids to be undertaken shortly. Empire will then commence a 90-day Extended Production Test. Flowback and production testing will be managed to establish long term reservoir deliverability for future development planning and will be incorporated into the planning and design for the planned pilot project which aims to supply first commercial gas from the Beetaloo 2. The forecast total cost for the C-3H hydraulic stimulation operations and EPT is $17.3 million, which is $3.6 million below the risked budget of $20.9 million. Empire has paid $8.9 million of the forecast total cost to date and the C-3H hydraulic stimulation operations are expected to benefit from grant proceeds under the Australian Government's Beetaloo Cooperative Drilling Program. The vertical appraisal C-4V well, which commenced drilling on 15 December 2023, reached a total depth of 2,000 metres in 12 days on 27 December 2023. The well targeted and intersected the same stacked Velkerri Formation shales as the Carpentaria-1 and Carpentaria-2 wells. Following an extensive wireline formation evaluation program, that included rotary sidewall cores, the well was plugged back to surface casing for potential future horizontal development drilling. The drilling program concluded on 5 January 2023 and the rig has been released for demobilisation. The thickness and depths of each of the target shales was as prognosed pre-drill, reconfirming Empire's subsurface modeling. Elevated mud gas was observed through the target shales as anticipated and as encountered in the C-1, C-2 /2H and C-3H wells. The intersected stacked shale sequences have demonstrated consistent thickness throughout the Carpentaria resource area of EP187, with the C-4V well intersecting moderately drier gas than C-1 and C-2 due to greater depth of burial. The shales are 150 metres deeper than at the C-3H location, which will have a positive impact on gas storage and provide additional pressure support to drive enhanced gas flow rates in future development scenarios. During the first quarter of 2023, Empire's technical team will further analyse well data to mature Prospective Resources to Contingent Resources in the Carpentaria East Area, where C-4V is located, and to advance resource characterisation for development planning. Empire will also source an updated independent resource assessment for EP187. The forecast total cost for the drilling of C-4V is $9.8 million which exceeded the risked estimate by $0.8 million due to weather related delays. Empire has paid $5.1 million of the forecast total cost to date and C-4V drilling is expected to benefit from grant proceeds under the Australian Government's Beetaloo Cooperative Drilling Program. The cost of C-4V access tracks and wellpad construction completed earlier in 2022 was $1.6 million which was $0.4 million under the risked budget. These access tracks and wellpad costs are once-off and several wells can be established on the wellpad in future development scenarios. Notwithstanding a delay in the rig move between C-3H and C-4V due to wet weather, the combined C-3H and C-4V work program is forecast to be under risked budget by approximately $5.5 million.