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Emperor Energy Raises $17.5M to Unlock Judith Gas Field Potential

11:32am on Friday 13th of March, 2026 AEDT Energy
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Emperor Energy Raises $17.5M to Unlock Judith Gas Field Potential

11:32am on Friday 13th of March, 2026 AEDT
Key Points
  • Raised $17.5 million via placement of 145.8 million shares at $0.12 each
  • Funds earmarked for Judith-2 appraisal well drilling and related preparations
  • Judith Gas Field holds a certified 1.86 trillion cubic feet prospective gas resource
  • Securing Valaris 107 jack-up rig for February 2027 drilling campaign
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