EMP doesn’t need this permit, they already have 1.848Tcf in P50, 9.5x the prospective resource compared to this VIC/P80 block (192Bcf of P50).
EMP also has 85% of their 25yr gas requirements in the P90 category… massively de-risking the future project.
As a little junior, there is little need to acquire this block, simply focus on the elephant they already have and get it over the line.
Note: I hold both EMP and COE
Ann: Grant of Gippsland Basin exploration permit VIC/P80, page-5
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Last
23.0¢ |
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Mkt cap ! $607.2M | |||
| Open | High | Low | Value | Volume |
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| 23.0¢ | 644269 | 13 |
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| Last trade - 16.10pm 24/05/2024 (20 minute delay) ? |
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Last
22.5¢ |
Change
0.005 ( 0.04 %) |
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| Open | High | Low | Volume | ||
| 22.5¢ | 22.8¢ | 22.5¢ | 131657 | ||
| Last updated 15.57pm 24/05/2024 ? | |||||
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