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Emperor Energy lines up Judith-2 rig as funding challenge comes into focus

4:14pm on Tuesday 29th of September, 2026 AEST • Energy
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Emperor Energy lines up Judith-2 rig as funding challenge comes into focus

4:14pm on Tuesday 29th of September, 2026 AEST
Key Points
  • US$1.5 million paid to secure VALARIS 107 under a term sheet
  • $15.6 million cash balance after approximately $21.2 million of equity raisings
  • FY2026 net loss widened to $3.85 million
  • NOPSEMA Environment Plan approval remained pending
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