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Not much changed - the gas ain't going anywhere. Malcolm King –...

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18/03/21

14:36

Post #: 51868757
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Originally posted by Colnago: ↑

Good question but looking at data I think they may move their target away from the original drill to the sweet spot which could come up with more gas. Some mitigation in risk comes from that original drill as they had excellent gas shows but were looking for oil and the gas resource wasn't considered to be anywhere as large as it is today. Some exploration drills come up completely dry so at least here there was gas until they capped it, i understand further testing would of been needed and that will happen next time but looks very promising.

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100% originally looking for oil and found strong gas shows.

Originally posted by dlerious: ↑

The data from this report is from June 2000. Obviously the well was sealed off in 89, but how relevant would it be today? Genuine question.

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Not much changed - the gas ain't going anywhere. Malcolm King – Director of Emperor Energy was there as the well-site geologist during the drilling of the Judith-1 discovery, which 'strong gas' in the Emperor zone was found. It'll be interesting to see the location of Judith 2 well-site. Actually, getting that information to market should generate some interest.

EMP Price at posting: 3.5¢ Sentiment: Buy Disclosure: Held
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