Ann: Quarterly Activities Report, page-3

"Emperor Energy is currently in the process of selecting and appointing an Oil and Gas Industry advisory group who will lead a global search for a suitable exploration partner to assist in progressing the Judith project."

This is concerning for me for two reasons.  They are surrounded by the tenements of Exxon/COE/BHP with this huge potential gas supply.  Why the need for a "global search"??  Is this hardball negotiation?  If so, good.  Perhaps this will stimulate a suitable offer for what we have, from one of the majors.

My other gripe, is the word "global".  I would be much happier if they said "global (except China).  Chinese "deals", in my experience, are worth less than slightly used toilet paper.  Please, Carl + team, do not bring us a shady Chinese "partner".

What does make me happy, is that we are free to make progress on Judith - at long last.  Option holders should be really angry at the previous board for wasting a few precious months - I know I am.

Would be great to be cashed up from the sale of Cyrano, like you said, @minoil.  Another thing which will help speed up "negotiations" - rapidly increasing the value of Judith with the drill bit.  It has been said that "you have to spend money to make money".