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Energy Industry News Releases

BeaconEquity.com - Tasmanian Government Recognizes Empire Energy’s (EEGC) Oil Exploration Operations

(EMAILWIRE.COM, May 17, 2008 ) BeaconEquity.com announces the publication of ‘Tasmanian Government Recognizes Empire Energy’s (EEGC) Oil Exploration Operations’

Investors can view all of the investment articles for free by visiting:
http://www.BeaconEquity.com - Click on News and Commentary

Tasmanian Government Recognizes Empire Energy’s (EEGC) Oil Exploration Operations

World oil prices are expected to remain at high levels; with some experts predicting figures to exceed $127 or even $150 per barrel in the foreseeable future. Far from becoming a saturated market, world oil demand has rapidly exceeded supply. According to the U.S. Energy Information Administration (EIA), global oil consumption will rise by 1.6 million barrels per day both in 2008 and 2009.

Empire Energy Corporation International is an international oil and gas exploration company, focusing on developing assets in one of the world's last virgin basins and becoming a leading low-cost finder of hydrocarbons. It is strategically exploring for oil and natural gas in onshore areas of Tasmania, the southern island state of Australia.

Empire Energy recently announced that the Tasmanian Government acknowledges the commencement of the company's oil and gas drilling operations on its onshore Tasmanian Basin license area by August this year.

To read the entire article visit http://www.BeaconEquity.com – Click on News and Commentary

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BeaconEquity.com’s Market News is one of the fastest growing small cap blogs in the investment community. Beacon is the authority on research in the small cap sector, and our analysts strive each day to find the stocks that are poised to be the biggest movers before the rest of the market is aware of them.

We encourage investors to subscribe to our FREE newsletter filled with daily trading ideas by visiting: http://www.BeaconEquity.com

BeaconEquity.com is one of the industry’s largest small cap research providers. Beacon strives to provide a balanced view of many promising small cap companies that would otherwise fall under the radar of the typical Wall Street investor. We provide investors with an excellent first step in their research and due diligence by providing daily trading ideas, and consolidating the publicly available information available on them. For more information on Beacon Research, please visit: http://www.BeaconEquity.com



Source: BeaconEquity.com

Beacon Equity Research
Jeff Bishop, (469)-252-3505
press@beaconequity.com

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Beacon Equity Research
Jeff Bishio
(469)-252-3505
press@beaconequity.com

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