Nice update, still crunching the numbers in the background.
"Initial calculations of rock volumes indicate the four gas sand intervals have the potential to contain significant Gas in Place and add to the existing P50 Unrisked Prospective Gas Resource of 1.226 Tcf within the Vic/P47 Permit area.
Emperor Energy is now progressing new Gas in Place calculations for the Kipper and Golden Beach sands prior to preparing an upgrade of Prospective Resources within Vic/P47."
I was always hoping that the new high definition seismic data would reveal that there was potentially more gas down there than initially calculated.
This can only help our chances of luring in a drilling partner in my opinion.
The bigger the carrot the better. Will be interesting to see what they come up with.
Good to see the share price rally back to and above the CR level.
Hopefully it will kick on from here.
GLA and cheers!
Nice update, still crunching the numbers in the background....
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