Emperor Energy Ltd (ASX:EMP) is incrementally piecing together, step by step, the Judith Gas Field Project in Victoria, according to director Phil McNamara.
In a quarterly activities report, he said the next major project milestone would be securing an exploration and production partner for the drilling of the Judith 2 Well.
McNamara said: “In late 2020 Emperor Energy significantly reduced Permit Risk when the relevant government authority, NOPTA, extended the Permit Term for the Judith Gas Field.
“In January 2021, we have seen completion of the project Pre-Feasibility by APA thus providing clarity on the proposed plant site, approvals process, scheduling and project costs.
Australia: Emperor Energy acquires new 3D seismic over Judith gas field in Vic P/47 - seeks farm-in partner to drill Judith-2 well
09 Apr 2021
Key Points
Emperor Energy (EMP) has purchased a license to newly acquired 3D Seismic Data covering the Judith Gas Field from global seismic company CGG.
Emperor Energy’s consulting Geologists and Geophysicists have commenced Interpretation and Analysis of the new data.
The new seismic data is shown to provide a major improvement in definition of seismic imagery with the potential to significantly de-risk the Greater Judith Structure for appraisal and exploration drilling.
Amplitude response (a key hydrocarbon indicator) is shown to extend up-dip from the Judith-1 well into the Greater Judith Structure.