Empire's Red Gully facility, which produces 10 terajoules of gas per day. Photo: Attila Csaszar

Empire production assets under receivership

Updated: Empire Oil & Gas has appointed voluntary administrators to its wholly-owned Empire Oil subsidiary, which controls its core Red Gully assets.

Andrew Smith, Peter McCluskey and Martin Jones were appointed the voluntary administrators.

The Empire Oil & Gas subsidiary that controls its core Red Gully assets is in the hands of receivers after Mineral Resources last night sent the gas producer a default notice.


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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/17

1 year TSR5 year TSR
463rdRox Resources-6%-1%
727thPeninsula Energy-51%-27%
749thEmpire Oil & Gas-59%-39%
792ndSamson Oil & Gas-72%-43%
726 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

$25k Issued
$25k Issued
$75k Bought
Total value as at the date of the transaction
Source: Morningstar


47th↑Peninsula Energy$23.8m
48th↑Kingsrose Mining$21.7m
49th↑Empire Oil & Gas$20.0m
50th↑Samson Oil & Gas$19.8m
51st↑Rox Resources$17.1m
491 listed resources companies ranked by revenue.
Source: Morningstar

Remuneration from Empire Oil & Gas

953rdTony Iannello$125k
1050thStuart Brown$100k
1052ndPhilip Garratt$100k
Ranked by total remuneration from all listed WA companies

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