Local energy producer Empire Oil & Gas has entered voluntary administration today, two weeks after receivers took control of subsidiary Empire Oil, which operates the companys key Perth Basin assets.
Peter McCluskey, Martin Jones and Andrew Smith of Ferrier Hodgson have taken control of Empire Oil & Gas, which produces about 10 terajoules of gas per day from its Red Gully plant in the Perth Basin.
In a release on the ASX, directors said they wished management, employees and stakeholders well as they considered the options available to the company.
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Read the full article at: https://www.businessnews.com.au/article/Empire-Oil-Gas-into-administration