"Emperor Energy is currently in the process of selecting and...

"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".