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Emperor Energy Limited (ASX:EMP)
ALERT: Price-sensitive ASX Announcement for EMP
Current share price for EMP : $0.091 -0.005 (-5.21%)+
Announcement
Release
5 Jun 2026 9:19AM
Price at Release
$0.096
Full Release
Summary
Emperor Energy Limited has provided a technical update on the Judith-2 Appraisal Well located in the Judith Gas Field, offshore Gippsland Basin, Victoria, Australia. The company has submitted a revised Environmental Plan (EP) to NOPSEMA, addressing all previous issues. Confidence is high for final approval. The company is also progressing with key tenders for drilling support services and has selected contractors for a geophysical survey and well flow testing. Negotiations for the Valaris-107 Drill Rig contract are in their final stages. Emperor Energy owns 100% of the Vic/P47 permit, with the field assessed to contain significant gas resources.
Key Points
- Revised Environmental Plan (EP) submitted to NOPSEMA
- Confidence in final NOPSEMA approval
- Key tenders released for Drilling Support Services
- Contractors selected for geophysical survey and well flow testing
- Negotiations of Valaris-107 Drill Rig Contract progressing
- Emperor Energy owns 100% of the Vic/P47 permit
- Judith Gas Field assessed to contain significant gas resources
IMPORTANT NOTE: This information is autogenerated and has not been reviewed for accuracy or completeness. You should refer to the full announcement here for further information.
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