EMP 0.00% 2.0¢ emperor energy limited

Ann: 2017 AGM Presentation, page-8

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  1. 2,672 Posts.
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    Oppies with a 2020 lifespan mean a little less when they're talking about getting a drill up in 2020. You're relying on a farm in around 2019 to make them work.

    OBL had Vic blocks for over 10 years without attracting a single bite on them.

    That said, sticking another drill in an old discovery is a time honored tradition to boost SP. The Vic prospect now appears to be their best bet and they've even renamed the company after the stratigraphy of Judith (Emperor is the name of the subgroup of sediments that were gas bearing in the well). Judith isn't amazing, it's tight and requires horizontal completions but if they get a farm in it's probably worth a punt on the drill activity at least.
 
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