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Emperor Energy Ltd ( (AU:EMP) ) has provided an announcement.
Emperor Energy has appointed Steven Marshall as Chief Operating Officer to oversee the drilling of the Judith-2 Appraisal Well, scheduled for mid-2026. Marshall brings extensive offshore drilling experience, which is crucial as the company aims to prove the commercial viability of significant gas resources in the Gippsland Basin. The project is strategically important given the tightening gas supply on Australia’s East Coast, and success could provide substantial value to shareholders and enhance regional energy security.
More about Emperor Energy Ltd
Emperor Energy Ltd is an energy company operating in the Gippsland Basin, offshore Victoria, focusing on gas exploration and development. The company is involved in the Judith Gas Field project, which is strategically located near existing infrastructure and aims to address the gas supply deficit on the East Coast of Australia.
Average Trading Volume: 1,102,767
Technical Sentiment Signal: Buy
Current Market Cap: A$46.5M
For detailed information about EMP stock, go to TipRanks’ Stock Analysis page.